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Create Your YouTube Channel
Your channel is your personal YouTube presence. Each YouTube account is associated with one channel. A YouTube account is the same as a Google account, and creating one gives you access to other Google products like Gmail and Drive.
Create a new account or log in to an existing one. Add keywords to help people locate your channel, which is essential if you want to make money on YouTube. By going to the Advanced area of your Channel Settings, you may add keywords. Check to see if your keywords are related to your content. Your username can also be used to your advantage or disadvantage. People will remember it if it is brief, easy to recall, and unique, and will be more likely to recall you. If you already have a Google+ account, you can modify your username by editing it on your Google+ account. Keep in mind that you may only change your user name three times before having to wait 90 days to change it again.
Participate in the YouTube Partner Program.
Regular YouTubers can gain access to unique features on the site through the YouTube Partner Program. You don’t have to be a partner to make money on YouTube (simply setting up an AdSense account and acquiring views will be enough), but becoming a Partner makes things a lot easier.YouTube Partners have access to a variety of revenue streams, including not only video adverts, but also YouTube Premium subscription fees and features that directly tap your dedicated fans’ wallets, such as Super Chat, channel subscriptions, and the goods shelf (more on these later.)
Sell your merchandise.
Perhaps you consider yourself a content producer first and an entrepreneur second. (Remember, even Drake sells t-shirts.)Alternatively, you may be an entrepreneur first and a video maker second, which means you already have a product and are developing a YouTube marketing strategy to sell it. In either case, selling items on YouTube is a realistic method to make money.
Make sponsored content.
An influencer does not have to be on Instagram. The #sponcon method has the advantage of not requiring you to give YouTube a portion of your earnings. You negotiate with the brand directly, and they pay you directly. It’s no surprise that it’s a popular way for YouTubers to generate money.
If you can provide companies with a large and/or engaged audience, and your material is relevant to their target market, they are likely to be interested in hearing from you.
For example, YouTuber Aaron Marino, a.k.a. Alpha M, is well-known in the men’s lifestyle community. How big is it? So big that he has brand partners in his videos explaining his brand partnerships.
Join as an affiliate partner.
Look for organizations that invest in affiliate marketing if your YouTube following is loyal and engaged but not quite there in terms of headcount. Businesses’ YouTubers encourage their viewers to visit the brand’s online store or specific product pages. They have then compensated a percentage of sales generated by their — you guessed it — affiliate connections.
Affiliate agreements are comparable to sponsored content deals in terms of setup and logistics, so start with advice.
Make your supporters pay you directly.
This YouTube money-making method contains several distinct income sources, but they all have one thing in common: you must make it simple for your viewers to demonstrate their thanks with their credit cards.
Step 1: Organize live chats in which individuals can use Super Chat.
YouTube’s prior Fan Funding option was replaced by Super Chat in early 2017. This is a feature available only to YouTube Partners while they live stream. Essentially, your viewers can make their comments more apparent in the live chat stream by paying to have them highlighted and pinned for a specified amount of time.
Make use of crowdfunding.
It is becoming usual practice to solicit donations online. Crowdfunding is how many YouTubers make money, whether it’s to generate recurring cash from a pool of tiny monthly donations or to support a personal, channel-related project.
Step One: Create a crowdfunding account.
YouTube has a list of approved crowdfunding sites from which to pick.
Patreon is a great option for recurrent funding. Meanwhile, GoFundMe and Kickstarter are excellent for one-time projects to buy a new microphone, laptop, or… spleen.
Even well-known artists such as Walk Off the Earth and Veronica Mars (well, she’s a fictional character) have used Patreon to support their projects, whether they’re music videos or feature-length films.
Step 2: Use your videos to promote your campaign.
Detail your particular goals so that people know what to expect when you succeed.
Also, provide appealing incentives that stack as your followers decide how much to donate.
Check out this comprehensive guide on crowdfunding strategies for more information and ideas.
Step 3: Extend your search outside YouTube.
A successful campaign utilizes multiple platforms. We have some suggestions for promoting your YouTube channel (and, by extension, your crowdfunding campaign) elsewhere.
Allow the media to use your content by licensing it.
When a video becomes viral, every news organization wants a copy so that they can show it to their audience. Fortunately, established media firms understand the importance of paying for what they utilize. And there you have it: another way to generate money on YouTube.
As a content creator, licensing your most popular work to the media can be as simple as being visible.