12 Powerful Ways to Monetize your YouTube Video, My WA Family.

byJEaston

2.9K followers

3 years ago

12 Powerful Ways to Monetize your YouTube Video

One of the ways to achieve financial freedom online is to learn how you can monetize your YouTube video. When your video eventually gets some exposure and crosses the 10,000 views benchmark, does this kind of thought cross your mind?

• Is it possible to get enough revenue to make a living by publishing content on YouTube?
• Do you have the talent required to make another video that will be as appealing as the other ones?
• Is making money genuinely possible on YouTube?

If these thoughts cross your mind, then the short answer is yes.

Although you are going into competition with people who have been there for years, like media houses, filmmakers, small businesses, and even professional musicians, you can still make it with whatever content you are passionate about. All you have to do is find your true and unique fan, and the rest would be easy.

In this article, you will be given 12 powerful tips to monetize your videos on YouTube. These tips are a combination of both simple and advanced strategies that people have been implementing to get results.

Note: You can generate revenue, even if your video is a low-budget one, as long as you produce videos without copyright issues.

1. Ask Brands to Sponsor You

This aspect of monetization is for those sets of YouTubers with an engaged audience; all you have to do is get those businesses and companies that will be willing to pay a fee for you to promote their videos.

This tip might be really difficult for beginners, so it will be advisable to get a reasonable amount of audience and at least some subscribers.

2. Make Videos on a Skill You Are Proud of

If you are an aspiring musician, actor, or entertainer and you have just started a YouTube channel, you should try to incorporate those talents into your content, and you might just get noticed by someone who can give you a screen debut.

3. Learn How to Use AdSense for Monetization

This is one of the major ways YouTubers generate revenue for their content; the money YouTube pays for views on your channel is not something tangible, and so adding an AdSense account to your YouTube channel will be a nice choice to make.

Before you can do this, your channel has to be accepted into the YouTube Partner Program; the requirements are.

• Your channel must have gotten a landmark of 4000 hours of watch time.
• You must have up to 1000 active subscribers.

4. Go to Media Houses and License Your Content to them

This aspect is for videos that have gotten a reasonable amount of attention or have gone viral. All the attention you have been earning from those videos can get you money even without AdSense; all you have to do is license them to media houses that might need them for a fee, and you can then see those videos drive your channel more traffic.

5. If You Create Educational Content, then Host a Workshop

If your channel talks about sensitive issues like relationships, finance, or health, then you should consider starting a physical or online workshop in order to get more funds from the knowledge you are giving out.

This part of monetization is only for people who have a reasonable amount of unique and organic followers on the platform.

6. Start Coaching or Speaking to Your Audience Personally

This is mainly for those who are interested in public speaking or personal coaching. If your content is about a skill or a particular topic that you are interested in, then you should consider speaking to or coaching some of your viewers on that particular skill for a fee.

7. Use Paid Membership Programs to Generate Revenue

If your channel has gotten many likes, views, and comments, and you are sure that people like the kind of content you create, then you should build an exclusive community with special benefits for unique followers.

8. Crowdfund Your Project

You can raise funds from viewers who are interested in the kind of content you create, a way of doing this is by making a call out for a new and bigger project you plan on creating for your audience, and then you can ask for funds through different crowdfunding and payment platforms.

9. Set up Online Courses or Classes

This monetization aspect is for content creators who teach a particular skill to the viewers of their content. If your channel is an educative one and your audiences find it very useful by showing it in your comments, then you can start an online course or class for your viewers.

You should note that this aspect is only for people who have higher knowledge about the skill they want to teach because if your audience discovers that you have a limited idea about what you are teaching them, it might lead to mistrust.

10. Make and Sell Your Branded Merchandise

If your channel happens to be a very influential one, and you have gotten an audience who love what you do and do not mind identifying with your channel or brand, then you can create branded merchandise like T-shirts, caps, and hoodies and start selling them on different online platforms where your viewers can purchase them easily.

11. Review Products and Services for Affiliate Companies

Even if your channel does not have a high subscriber base, you can affiliate with brands and companies who are willing to advertise their products or services. You can start promoting for these companies by charging them a fee, and if your channel gets them more traffic or customers, you will be having more companies asking for you to promote their products or services for them.

The key to doing this is for you to avoid promoting any random product or company because they are paying; you have to be sincere and transparent with your viewers, thereby putting their best interest to heart before considering your money goals.

You can start reviewing these products before the beginning or end of a video; you can also place their links in the description.

12. Do Video Editing for Other Content Creators

If you have great video editing skills and people really love your style of videos, then you might consider selling your services to people who might need them; examples are YouTubers who find editing stressful and wouldn’t mind paying a fee for it to be done for them.

You can also sell those editing skills in online marketplaces like Upwork or Fiverr; it would be pretty easier for you to make sales because you have proof of your work on your channel.

Conclusion

While making video content, you don’t have to wait for years before making money on YouTube; you can start by using most of the tips listed in this post.

Thank you everyone for your precious time reading my blog/post. I hope you find this helpful.

This is my 61 post today! for me, I want to make it a special day, sharing valuable ideas to all my beloved WA family.

That's all for now,

I love you all!

Joyce