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YouTube advertisements
YouTube advertising is one of the finest methods to generate money on YouTube. YouTubers earn money from Google Adsense by displaying display, overlay, and video advertising before, during, and after their videos. However, it is not a consistent source of money, and YouTubers are unsure how much they will receive from AdSense at the end of the month. Despite this, the average revenue per thousand views ranges from INR 225 to INR 750. One of the fascinating aspects of YouTube is that if your video becomes successful or viral, it will continue to be a source of money for you for as long as it remains on your channel.
The minimum conditions for Adsense approval on YouTube are as follows:
- You must be at least 18 years old or have a guardian who is at least 18 years old.
- YouTube’s ‘Advertiser friendly content guidelines’ should be followed by your video material.
- You must live in a country or region where YouTube has a partner program.
- In the last 12 months, your channel has received over 4000 watch hours.
- Your channel has over 1000 followers.
YouTube Premium Earnings
YouTube Premium is a subscription-based service that allows users to watch ad-free content across all of the video platform’s services, including YouTube Music, YouTube Kids, YouTube Premium, and YouTube TV. You’re probably wondering how you’d make money if your subscribers watched your movies without seeing any advertisements. Don’t worry, YouTube looks after its partners as well. The platform compensates content providers based on the number of premium customers that viewed the content.
Channel Participation
Another subscription service that YouTube provides to its users is channel membership. A channel subscription allows subscribers to join your channel for a monthly fee and gain access to member-only features such as emojis, stickers, badges, and more.
The minimal criterion for offering channel membership is the same as it is for YouTube Ads, plus some additional needs such as
- There must be a community tab on your channel.
- Your channel must not be set as ‘designed for kids’.
Promote Your Products and Services
You might simply sell from your YouTube channel if you are a seller or merchant and your channel has many fan followers interested in acquiring your items and services. Furthermore, your YouTube channel will serve as an advertising platform for your brand, increasing your market reach. In any case, when marketing your products on YouTube, keep in mind that your subscribers must be potential consumers. Only then will you be a successful YouTube seller, as it is pointless to show your products to viewers who do not require the product or service.
Examples of services that you can sell on youtube-:
Service for Video Editing
You must be an expert in the subject to earn money through video editing services. And, if your talents are exceptional, you may help other YouTubers by offering video editing services in exchange for money, which will allow you to earn a small fortune.
Online Courses for Sale
By launching an instructional YouTube channel, you may produce online courses and sell them to your followers. People interested in specific topics will buy your courses if your content is good, and you may quickly create a good source of cash from YouTube.
Affiliate and Influencer Marketing
According to statistics, 73% of YouTube users opt to buy a product or service after seeing a video. As a result, many people now consider influencer and affiliate marketing to be full-time jobs. Let us now examine the distinction between influencer marketing and affiliate marketing.
Both influencers and affiliate marketers work with different brands, mention their products and services in their videos, and provide links to the items and services in their video descriptions enabling consumers to easily make a purchase. The actual distinction is that influencers charge a variable fee for each mention dependent on their popularity and number of subscribers. Meanwhile, in affiliate marketing, a fixed commission is given every time someone purchases after clicking on the affiliate’s link.
Fan Funding and Crowdfunding
Small content creators that are unable to generate enough money on YouTube can seek financial assistance directly from their subscribers and supporters through Patreon. There are two sorts of crowdfunding: recurrent and project-based. People who participate in recurring crowdfunding pay a small membership fee in exchange for certain privileges from their favorite creators, such as video chats, online gaming contests, customized giveaways, and so on. In the case of project-based crowdfunding, several platforms provide funds to assist creators in building their projects. If you know how to do it, earning money from YouTube is simple. A large number of YouTubers in India and throughout the world make a nice living from their channel. So would you, if you had the necessary direction and expertise.
