EARN MONEY ON YOUTUBE: 5 METHODS TO EARN $500We all know that if you gain millions of views or you experience a large audience, you can certainly make money on YouTube.
What happens if you own a small channel or you’re just starting out?
In this article, I’m about to break down 5 valuable ways to generate profits on YouTube, even though you have a small followers or channel together with provide some advanced suggestions.
If you have a small audience and a small channel or you’re just getting started these days, you could have heard some of these strategies before.
I feel that in this article you’re about to learn a few advanced tips and some creative ideas that you’ve in no way thought of before.
1 . YOUTUBE Advertisings
The first way to make a living on Youtube is by YouTube advertisings.
The problem is the fact that rates average $2 per thousands Views (CPM).
If your primary goal is to make $500 on YouTube, you need 250,000 views.
Youtube ads monetization is measured by means of CPM rates. These fluctuate according to different factors, such as the class of videos that you are creating. You could average $2, $5, $10 or maybe even $15 per 1000 views.
I would estimate $2 per 1000 Views, just to remain with the smaller edge of the range. If you can earn $5, in that case it’s good for you. Although one thing I suggest you when performing assessments, remain on smaller amounts.
Youtube advertisings can be quite rewarding when you get hundreds of thousands of views.
This may not be the advisable path to generate profits for anyone who is in the beginning stages, or if you have a small channel.
2 . AFFILIATE MARKETING
Affiliate marketing is a much better technique in order to generate income on Youtube, compared to Advertisings.
But what precisely is affiliate marketing?
Affiliate marketing is when you sign up for an affiliate program, like Amazon Associates. After signed up, you will obtain a personalized link that you could insert your Youtube video description. Whenever visitors simply click that link, you can get paid a percentage of the product ( or perhaps service ) purchased.
Affiliate marketing refers to WHATEVER you could think about. You can offer beauty products, tech products, also insurance policy services.
IT IS POSSIBLE TO LITERALLY SELL EVERYTHING, THAT’S WHY AFFILIATE MARKETING IS CONSIDERED THE MOST PREFERRED METHOD TO MAKE MONEY ONLINE NOWADAYS.
Let’s say you own a channel where the topic is food. You could add affiliate products like stoves, kitchenware as well as recipe books.
This is the reason affiliate marketing is my absolute favorite method to generate profits on Youtube. You may grow sales quickly, reaching that $500 goal you have on your mind.
3 . CROWDFUNDING
Precisely what is Crowdfunding? It is the procedure of financing a project or business by growing many small amounts of money from a large number of people, usually through online.
Have you ever heard about Patreon? For those who have a project that first offers individuals value, you can invite them to be sponsored financially in this particular way of crowdfunding but understand that before people support your project with their money, you need to provide BENEFITS first.
To illustrate, you might set up a channel offering suggestions on how to raise a child ( for those who have raised one, obviously ). People interested by this subject may find benefit from your video lessons and can support your venture.
Do not forget that this is not a typical and simple solution to rack up $500 per month. Everyone is skeptical in the beginning, so you will need a lot of work to build up their trust ( as well as their money, obviously).
4 . SELL YOUR PRODUCTS
Distribute your products is the simplest way to earn cash on Youtube if you already have a physical shop set up.
Through video clips, you can connect to a number of people that 1000 times the one you connect in person on your store.
This is exactly the advantage of e-Commerce combined with social networking channels. And Youtube is THE place to be nowadays if you want to get in front of 1000s of potential customers.
Exactly what item is it possible to sell? Everything. From T-shirts, accessories, guides, electronics, digital goods among others.
Similarly, for those who have a freelance service, Youtube is a superb channel to reach out to clients.
For instance, let’s state you are a lawyer and you create videos explaining juridical topics ( I’m not an expert ). You could reach potential prospects on Youtube, as well as promote your services by means of Skype or similar application.
Of course, profits differs based on the services or products you sell.
5 . BRAND DEALS
Brand deals are about making videos for businesses and brands in return for free items and/or money.
One misconception on this approach to make money is the fact that you require a large audience before companies and brands do business with you.
If you are a legitimate person that produces good videos and have a niche account, companies and brands can see a strategy to connect with a specific audience with click here the aid of your channel.
It works the same way like Instagram micro-Influencers generate income. A trend to keep an eye in 2019 is companies and brands switching to micro-influencers to connect with a small, though more focused clients.
This way you will grow your trust and partnership with businesses and brands, and it’s a very common strategy to make money on Youtube, and generate that $500 you are looking for.
I suggest you to always utilize those 5 ways all together to make money on Youtube. If you generate less from a channel, you can depend on the other one or the third one and you will be amazed at the sum you can make in a single year from the suggestions above, even though you own a small channel.
Keep in mind that the key element is always to make great video clips. This is what appeals to people. In other words, you could have the most wonderful product to sell, but if you don’t have buyers, nothing counts.