Many of creators come to find out that YouTube is not a sustainable income source. Here's how to use the platform to actually get paid.
Making videos on YouTube can be very lucrative if executed correctly. Unfortunately, many beginner YouTube creators believe that if they make quality videos, and allow ads to appear on their videos, the cash will begin to flow in. However, many of those creators come to find out that YouTube is not a sustainable income source. In fact, while it is impossible to give an exact number, you can estimate that a video will make a dollar for every thousand views.
Why does YouTube pay so little to its creators? First of all, let's remember that this is YouTube's platform and it doesn't have any responsibility to …show more content…
Affiliate marketing is marketing in which you sell other people's products and take a commission for each item or service you sell through a special URL that is linked to your account. While so many companies have affiliate programs for which you can make a commission, one of the most simple, and most popular, programs is Amazon's Associates program, which starts the commission at 4 …show more content…
Affiliate programs such as Amazon will give us a larger percentage of sales, but what if we wanted to make 100 percent of the revenue and have full control of the money coming in? To do this, you need to sell your own products.
For example, let's say you create a mini online training program that you sell for $50. You will want to make a video that provides immense value and then at the end of the video pitch your course to get more value. At 1,000 views on that video, YouTube AdSense will pay about $1, but if you were only able to convince 0.5 percent of your audience to purchase your course (five viewers), you will make a total of $250 in revenue from your own product. Therefore, not many people are required to purchase your product to make more money than what YouTube will pay.
Consulting
Ultimately, the fastest way to make money on YouTube is to give value of some kind. Uploading videos and hoping for the best is not enough. After gradually attracting your targeted audience, periodically pitch your consulting services for your viewers to receive even more value than what they are already receiving. Your goal should be to make your audience think, If I'm getting this amount of value from free videos on YouTube, imagine the amount of value I'd receive from a paid one-on-one consulting service. At that point it would be a no-brainer to
Making videos on YouTube can be very lucrative if executed correctly. Unfortunately, many beginner YouTube creators believe that if they make quality videos, and allow ads to appear on their videos, the cash will begin to flow in. However, many of those creators come to find out that YouTube is not a sustainable income source. In fact, while it is impossible to give an exact number, you can estimate that a video will make a dollar for every thousand views.
Why does YouTube pay so little to its creators? First of all, let's remember that this is YouTube's platform and it doesn't have any responsibility to …show more content…
Affiliate marketing is marketing in which you sell other people's products and take a commission for each item or service you sell through a special URL that is linked to your account. While so many companies have affiliate programs for which you can make a commission, one of the most simple, and most popular, programs is Amazon's Associates program, which starts the commission at 4 …show more content…
Affiliate programs such as Amazon will give us a larger percentage of sales, but what if we wanted to make 100 percent of the revenue and have full control of the money coming in? To do this, you need to sell your own products.
For example, let's say you create a mini online training program that you sell for $50. You will want to make a video that provides immense value and then at the end of the video pitch your course to get more value. At 1,000 views on that video, YouTube AdSense will pay about $1, but if you were only able to convince 0.5 percent of your audience to purchase your course (five viewers), you will make a total of $250 in revenue from your own product. Therefore, not many people are required to purchase your product to make more money than what YouTube will pay.
Consulting
Ultimately, the fastest way to make money on YouTube is to give value of some kind. Uploading videos and hoping for the best is not enough. After gradually attracting your targeted audience, periodically pitch your consulting services for your viewers to receive even more value than what they are already receiving. Your goal should be to make your audience think, If I'm getting this amount of value from free videos on YouTube, imagine the amount of value I'd receive from a paid one-on-one consulting service. At that point it would be a no-brainer to