Tips for Making Money on YouTube

3 min

YouTube, for some time now has been a source of livelihood for various people. Online subscription services such as Shopify have partnered with YouTube to make it easier for those using YouTube as a source of income to enjoy a little convenience while doing so. You will, however, need to set up a YouTube channel for this to happen. There are many ways you can make money on YouTube and are described in detail below. Let’s get started.

Make money on Youtube

Make sponsored content

With a YouTube channel, there is so much you can do to make good money but we first look into creating content that is sponsored. Sponsored content involves offering brands audience to their goods and services through the videos that you make which is relevant to the market they are targeting. Here, you do not have to share the earning with YouTube as you can negotiate with the brand and get payment made directly to your account.

Sell products on YouTube

Through your YouTube channel, there are many products you can sell and make good earnings. If you are having trouble developing or running a website, you need not fret as E-commerce platforms such as Shopify make it easier for you. They offer you a platform to create and run an online store where you can sell to customers, make shipments to them including processing payments through them. Get more information on how to make money on YouTube Shopify here.

License the content you create

Using your YouTube channel, you get to create videos that you post for your fans to view and from here, media and other brands can pay you to use one of the videos you post for their gain. Some well-developed media companies pay for these viral videos to repay them on air to a larger audience. The best way to go about this is to create videos that touch on emerging issues and which have the potential to go viral so that several media houses and companies can approach and pay you so that they can use these videos.

Earn from ads

You can become part of the YouTube partner program and get paid through ads that play on your YouTube channel. Depending on the number of videos you post, YouTube will throw in an ad as the video is playing that is relevant to the context of your video and you need to earn from these ads. Create an AdSense account and link it to your channel and customize your monetization according to your presence and get to earn from these ads as they play.

Do Crowdfunding

Crowdfunding has become very common these days and you too can benefit from it. It allows you to ask for funds online from your fans. You will have to create a crowdfunding account and run a campaign which will be the reason why they are sending you cash such as buying a camera to shoot videos of better quality or facilitate your endeavour of creating more content for them. You might be surprised by how generous some of your fans can be.

If you got a good following on social media, you can get to make a fortune from YouTube. All you need to do is put in the time, resource and creativity for it to work in your favour.

Edith Osei Bonsu
Edith is a vivacious ‘natural hair’ wearing woman living in the United States. Her first passion is writing and her second is travelling. She speaks 4 different languages and she is currently taking charge of “Mandarin”