How do you make money on YouTube

The best option for 2021. How do you make money on YouTube? It looks very professional. It is still possible to make money with YouTube, but due to competition it is not as easy as it used to be. Everything here has now become more professional, including the advertising industry. A few years ago, they knew very little about what to do with the platform.

Make money on YouTube

Meanwhile, they have recognized the importance of YouTube and have found many ways to advertise to people through the platform. For you, this means a great selection of active and passive sources of income, if you have achieved influencer status. Otherwise, you can also use YouTube to your advantage by branding it for your business or positioning yourself as an expert for an app. Now only the question marks swirl in your mind. These are the ideal ways to earn money on YouTube.

Google Adsense and Adwords

Google Adsense and AdWords video ads can appear automatically before or during your video viewing. For every click, you will receive a reward of pennies. If you generate a lot of views, you can earn money from them. However, these forms of advertising play a subordinate role for influencers.

Affiliate link

Affiliate links pay you a commission if your followers buy a product or service based on your link. Let’s say you are doing a beauty tutorial and a link to the curling iron you are using. You will now receive between one and ten percent of the income from each purchase, depending on the affiliate program. It is also more likely to generate additional income than the attractive ones.

Product placement

Product placements in your videos make a lot of money. While YouTube users with less reach are often satisfied with getting the product for free, you can make a lot of money from YouTube as your reach increases.

Promotional offers

If you have made a name for yourself on YouTube, you can also land advertising deals or engagements that will bring you high income off the platform. It could be a TV or print ad, hiring a runway designer, your own fashion collection, your own game (online), or anything else.

Sale of goods

Another option is to sell products and merchandise. If you have a certain fan base and a correspondingly high number of followers, you can use your channel to promote and sell your own products. Also, YouTube has its own business area where you can manage your articles. They are then shown to the audience in any order.

However, for this feature, you will need to sign up for the YouTube Partner Program. With this program, YouTube more strictly verifies that they are honest creators and that you are following all the guidelines.

Public cooperation

If you have a difficult community, you can also ask them to provide funding for a new project through YouTube. Followers who are enthusiastic about you and your content can transfer money to you.

Act independently as an expert consultant

If you are self-employed or looking for a new job, you can also earn money on YouTube and use it as a source of passive income. Therefore, you will not get a great reach and therefore you will not earn income through the platform, but you can position yourself as an expert. You can make valuable suggestions, act as a consultant, or provide information in your subject area.

Think about what your target group might be interested in, i.e. potential clients or future employers, and how you can reach them. In this case, your audience is not about quantity but quality. YouTube can help you land a new, higher-paying job or high-profile subscriber. This strategy is known as “personal branding.”

How much money do you make on YouTube?

This is a good question that certainly cannot be answered across the board. Because the amount of your potential earnings depends on several factors, especially the number of clicks. You will earn a few dollars a month, for example, if only a few watch your videos or if many of your viewers use an ad blocker. But if you must manage to build a large fan base, with YouTube it is possible to earn income of several hundred to thousands of dollars per month.

For example, with AdWords video ads, you get paid every time a Google ad is shown to a viewer. So the more views your video gets, the more money you make. Depending on the topic and quality of your video and your channel, and a few other factors, the revenue per 1,000 views ranges from $ 1 to $ 5. So if you want to make a living from advertising alone, then you really need a lot of ideas.

Promotional videos

You can make more money with YouTube through product placement. Here, many companies not only offer you free products, but often pay you extra for your videos about the product. The amount varies between three and four digit amounts. It’s also clear that the bigger your channel, the more you can charge for product placement or promotional videos.

How much money do you earn per YouTube Like, View, or Subscriber?

To make money from YouTube, it doesn’t matter how many subscribers your channel has. Because you don’t get more or less money for a large number of clients. Still, it may be important that you value as many customers as possible. Because when it comes to negotiating contracts, for example for product placement or cost per click, a large number of customers is a success factor. Because the more subscribers you have, the more likely many people will see your videos.

Similarly, you won’t make a lot of money from YouTube if your video gets a particularly high amount of likes. At least not directly. Because indirectly, multiple Likes within a video ensure that it appears higher in search. And this, in turn, leads to more people watching your video. We have summarized which ranking factors are still effective on YouTube in our article on YouTube SEO.

Extra income with YouTube

Let’s go to the important key statistic to make money with YouTube: the number of visits. For example, the more people who have seen your videos, the more people buy from the ads because most ads work on the cost-per-click principle. The more successful your video is in terms of click-through rates, the more money you will make with YouTube. So how much you earn per click depends on your reputation, quality, and channel size.

There are still countless ways to make money from YouTube. But nobody said it would be easy. Getting to the top is almost impossible due to the competitive situation, but only almost. It’s more realistic to make an extra income with YouTube or find new ways to use the platform yourself.

Make money on youtube
How do you make money on YouTube?

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