The real secret to making money from Youtube
Making $100,000 on YouTube is plausible, but can take some time. YouTube’s Partner Program (YPP), which gives creators several ways to make money via features like channel memberships and Super Chat, comes with a set of eligibility requirements. Initial access to the YPP enables ad revenue, which comes from display, overlay, and video ads.
Even so, that alone won’t generate substantial income. It sounds challenging, though there are other ways to make money on YouTube. Many creators have discovered the secret to making $100,000 a year.
It’s multiple revenue streams.
It’s not impossible to reach $100,000 a year on YouTube. Yet, a lot of creators have been able to generate a 6 figure salary in as little as 6 months using a combination of revenue sources.
Here are some tips that you can use to begin making $100,000 a year on YouTube.
1. Create a YouTube AdSense Account
Having a YouTube AdSense account is a fundamental part of making income on YouTube. It’s a major part of what allows you to join the YouTube Partner Program (YPP), which gives you access to advertising revenue. YouTube’s average pay rate is between $0.01 and $0.03 cents per ad view. Creators can make around $18 per 1,000 ad views, which translates to $3 to $5 per 1,000 video views.
Of course, ad revenue may not be significant unless you have a lot of views. However, smaller communities can still generate significant income through the YPP. Super Chat enables your viewers to donate amounts between $1 and $500, with creators receiving 70% of the revenue. To add, channel memberships start at $4.99 and can be priced as high as $99.99. This is achievable only with an AdSense account, making it a crucial investment for any YouTube channel. With these features, many creators have established a solid income from YouTube via a small, yet devoted viewer base.
To start, you’ll need to create your AdSense account, and link it to your YouTube channel. Then, make sure you meet all the criteria to apply to the YPP. Once approved, you can begin making money from ad revenue and other YPP features.
2. Redirect Traffic to Your Business
Sending traffic to your primary business is a great way to generate income. If you already have tons of viewers watching your channel, redirecting them to a business of yours is a great move. Whether it’s a professional service you provide or personal merchandise based on your brand, you can easily begin making money from your YouTube channel. With this tip, your income generation is directly tied to the service or product that you sell.
Alternatively, consider opening up a small product store or general e-commerce website. You may not have a primary business, though you may have a sizable audience built already. Some basic items you can start selling include t-shirts, hoodies, mugs, and other merchandise you can put your brand on. Make sure that your products are unique and something you would also wear or use.
3. Sell Sponsored Content
Brand sponsorships are an amazing source of income for YouTube creators. They don’t rely on channel size, giving smaller channels a convenient source of income. It’s also a great way to learn about and gain early access to new products and services. This post gives you further insight on how to sell sponsors. Sponsored content can be a significant source of income. Not to mention, brand deals can open up opportunities in the future, beyond YouTube.
Research a list of brands that you think would be open to partnering with you. We recommend smaller brands with fewer than 250 employees. It’s also important to make sure it’s a brand that you believe in and think your audience would like. You can also ask your audience if they have any potential brands they’d like to see you partner with.
4. Learn About Affiliate Marketing
Affiliate marketing is a very common way for creators to make money on YouTube. It involves the use of affiliate links for products or services that you use in your videos. Generally, your viewers receive a small discount on the product or service. In return, you receive a small commission from anyone that clicks the link and makes a purchase. It’s a great way to make money while promoting products and services you personally employ.
Consider any products or services that you use in your videos. Look to see if there are any affiliate programs that you can create links from. Be sure that the commission rate is one that you’re comfortable with. For example, the Amazon Associates Program goes up to 10%, but some are as low as 5% and as high as 50%.
Making $100,000 a year on YouTube isn’t a pipe dream. However, it does require a lot of effort and collaboration on your part. These tips can help to make your journey to $100,000 a year far more credible. We hope you enjoyed our breakdown and can apply these secrets to your YouTube career!