YouTube gets more than one billion unique users a month: that’s a huge audience. Many people are already making money there: YouTube boasts one million creators in its YouTube Partner Program alone. It’s easy to get started. Use Google’s Creator Playbook. Before you know it you’ll have created your channel and will be ready to monetize. Need inspiration? Here you go. The biggest edge starting on YouTube is; you need not to buy any domain or hosting. Yet you can make your online presence by the virtue of the channel name.
How many views does it take to make money on YouTube? This is a common question asked and it really depends on who you ask. You may have heard that you’ll make one dollar per thousand views or that it’s $1,000 per Million Views. Some say it’s $5 per thousand views. Well, we’re asking the wrong question. We should be asking, “How much ENGAGEMENT does it take to make money on YouTube?”
Now let’s start with the top 10 best ways to make money from YouTube.
- Use YouTube to get traffic to your website and blog.
- Create products and promote them on YouTube.
- Sell others’ products as an affiliate marketer.
- Get creative: Create a Web TV series.
- Become a YouTube personality.
- Monetize your videos with the YouTube Partner Program.
- Teach: share your knowledge with tutorials.
- Test-market your products.
- Build your brand using YouTube.
- Become an expert on meta data: use keywords to get an audience.
The main sources of money in YouTube are:
1) Google AdSense:
You can monetize your Youtube channel with AdSense. AdSense shows contextual ads on your Youtube channel, and you earn money when viewer click on the ad. This is by far the most easiest way that other Youtubers are making money. There are many artist who are earning over $2000 every day from their Youtube videos.
2) Affilate marketing:
This is what let you earn a huge amount in short-time. All you need to do is pick the right product, create a video around it and put the link in the description. You earn per sale, and usually the payout is nice.
In a nutshell; YouTube can be a supportive platform for your online earning when you are building your blog and earn or even without a blog. And once your blog is all set to go; you can put the video tutorials of your blog posts on YouTube to earn some extra bug. It can also benefit you by getting visitors who are not using Google as primary search engine and your site is beyond their reach till now.
Let’s start with the process of setting YouTube Channel and becoming partner with Google Adsense.
1) Set up and build your YouTube channel
Your channel is your personal presence on YouTube. Each YouTube account has one channel attached to it. A YouTube account is the same as a Google account, and creating a YouTube account will grant you access to other Google products, such as Gmail and Drive.
- Create your account or use your existing one. Add keywords to help people find your channel. You can add keywords by navigating to the Advanced section of your Channel Settings. Make sure that your keywords are relevant to your content.
- Your user name can also work for or against you. If it’s short, easy to remember, and original, people will be more apt to remember you. However if you are using an existing account, you can always change your username by editing it on your Google+ account.
2) Add content
Try to upload content that is high quality, and isn’t super long. (This option can vary depending on what type of content you decide to upload) Also try to upload regularly and stay consistent with your uploads.
- Even if your content isn’t great at first, keep at it. Practice makes perfect. Try to make each video better than the last. You will often learn as you go.
- Improve your content by either using a better camera or trying better editing software or techniques. Also try to improve the way things are filmed. Use a tripod, have a friend help you or light your scenes better. It all helps for a better end product which in turn helps you get a better audience.
- By uploading regularly you can help hold an audience. People are more likely to subscribe if you add content on regular schedule, and maintain that schedule as much as possible.
- Make sure to tag your videos with key words that describe the content, as well as an eye-catching description. These will help drive people to your video from YouTube searches.
3) Gain an audience
Building an audience is key to increasing your monetization. You need people to watch your ads in order to make any money off of them. There is no one secret to getting more subscribers, just make the best content that you can and they will come to you.
- Keep uploading content and try to get people hooked. Send your video out on Twitter and Facebook. Share it with people. Distribute it elsewhere on the internet. Subscribers are essential to becoming a partner.
- Interact with your viewers by responding to comments and making occasional videos directly related to viewer comments and questions. Connecting with your community will bring more members into that community.
4) Monetize your videos
In order to start earning money on your videos, you’ll need to enable monetization. This means you are allowing YouTube to place ads in your video. This also means that you acknowledge that there is no copyrighted material in your video.
- You can monetize a video as it uploads by clicking the Monetization tab and checking the “Monetize with Ads” box.
- To monetize a video after it has been uploaded, open your Video Manager and click the “$” sign next to the video that you want to monetize. Check the “Monetize with Ads” box.
5) Setup Google AdSense
You can setup Google AdSense for free at the AdSense website. Click the Sign Up Now button to begin creating your account. You must be 18 years or older to create your own account. If you are younger than that, you will need an adult to help you.
- You need either PayPal or a bank account and a valid mailing address as well as other information so AdSense can verify who you are and who to send the money to. You only gain money per ad click and a smaller amount per view but it adds up over time. This is why having an audience is key.
6) Check your analytics
Once you have some videos online, monetized, and being viewed, you can check out the analytics on them to see how they are performing. Click the Analytics option in your Channel menu. Here you can view estimated earnings, ad performance, video views, demographics and more.
- Use these tools to see how your content is resonating with your audience. You can change your content or your marketing if you’re finding that you aren’t attracting the users that you want to.
7) Market your videos elsewhere
Don’t put your videos just on YouTube! Start a blog, make a website or post them on other video or social media sites. The more views it gets, the better. By sharing the link or embedding the video on the internet, you are increasing the chance of it getting noticed.
8) Become a YouTube partner
YouTube Partners are YouTube members who have monetized videos with a large number of viewers. Partners gain access to more content creation tools, and can win prizes for the number of viewers they have. Partners also get access to much more community support and tips.
- You can apply for YouTube partnership at any time through the YouTube Partner page. In order to gain access to the most powerful Partner programs, you need to have 15,000 cumulative watch hours for your channel over the last 90 days.
Now after all these lets come to our main point that is how much money can one make from a YouTube video?
If you create good quality and relevant videos, you will be able to get money from your viewers over third party funding sites also. It is very important to make relevant videos. Do not make videos about something nobody cares about, it will just be a waste of time and make sure to stay within a certain niche.
Generally you will get 1.5$ to 2$ on average per 1000 views. However it depends on the quality of the videos and many other factor but still you can use annotation to get subscriber & traffic to your other videos.
If you have 100 videos getting 5000 views per month then you can get 750$ to 1000$ per month on average.
Another important factor is the language/region of your videos: the US advertising market generally pays better than, lets say, the Brazilian advertisers. So, a YouTube channel in Brazilian Portuguese might generate less money, for the same amount of views, than an English spoken channel.
Also, do not join a network before you’re big. They promise higher CMPs, but they’ll also take a large chunk and you’ll likely be stuck in a two-year contract. A lot of networks will approach you, and you should avoid them at all costs if they do. They will not help you grow unless you are already big and worth the investment. At the end of the day, they’re a business.
So, whenever you are going to setup your Youtube channel it’s important that you have choose right niche and try to make interesting videos, exposing it to targeted hungry audience and being consistent with it.
- Find lucrative keywords for your videos having enough monthly searches, low competition and high CPM.
- Your title must be eye-catching including your keyword in it which you are target.
- Write a detailed description about the video which contain your main keyword.
- Add the link of your website as well as Social media profiles and don’t forget to include the line for your channel viewers to subscribe your channel.
- Use Youtube videos watermark
- Your videos quality matter a lot to increase your earning create HD videos.
- Use Custom Thumbnail to grab the attention of online audience.
- Give Channel tags and description for better optimization of your channel.
- Add annotations in your videos which help you out to increase video views and subscribers.
“If you are not fully into this YouTube thing, then it’s hardly worth the effort i.e. more input less output. “
Initially, you will have to put a lot of resources — time for research, money for equipment etc and you won’t get anything in return for couple of months. Unless you have some past experience on YouTube.
Even when you start getting regular checks from Google. It’s still not worth the value to put into your channel. (Similar to startups)
Most YouTubers do it because they love what they do, money is second. And even then, they have to ask for patron and sponsorship, just to keep the show running.
Anyway, The more views you have, the more money you get. Increasing Views for your video day by day will help you a lot on the way to success. Try your best and good luck!