How To Make Money Off YouTube (a $1000/day guide)

Can you make enough money from YouTube to make a living? DEFINITELY!

But hold on a second! Aren’t you going to be up against tens of thousands of professional artists, videomakers, media companies, and small businesses?

Yes, You are. Every video maker wants a piece of the attention of YouTube’s 2 billion monthly users!

But all you have to do now is locate your tribe of genuine followers who will adore your videos.

In this post, I will show you how to make money off YouTube in six different methods. Simple and advanced methods are covered.

However, even if you have a phone with a good enough camera and no expensive equipment, you can make money. Your videos don’t even have to go viral to be effective.

How to make money off YouTube

The following are different methods you can use to make money off YouTube

1. Offer video editing services

Given that you’ve been doing it for your own videos, the first lucrative talent with market demand for a YouTube producer is video editing.

Many businesses are launching new YouTube channels, so giving them a concierge YouTube video editing service might earn you some cash. Because editing appears to be difficult to master, I’ve paid over $500 to get pros to put together my raw Content into polished YouTube movies.

However, video editing needs specialized knowledge, effort, and creativity to guarantee that the Content flows smoothly and the audience remains engaged. If you do video drawings for your channel regularly, you’ll develop your abilities while simultaneously expanding your portfolio.

Your network is a wonderful place to start when it comes to finding clients because they may already be aware of your YouTube channel and the quality of your videos.

It’s also a good idea to pitch local companies where you reside. You may explain how, in addition to helping them grow their brand, YouTube helps with discoverability and can help them acquire more business.

Finally, to find your first few clients, consider freelancing markets like Fiverr, Upwork, and Freelancer.

You may also sell packages based on the aspects of video editing you will handle, such as color correction, color grading, transitions, sound design, subtitles, video run time, and so on, on these platforms.

Consider your first few freelancing tasks on these markets as important professional experience if you enjoy providing video editing services. However, get out of there as soon as possible since gigs pay less and competition is tough.

2. Become an affiliate marketer and write product reviews

Obtaining a sponsorship may need a sizable subscription base. However, you may still work with companies and earn commissions by evaluating goods that are relevant to your target market.

It necessitates enrolling in their affiliate programs, many of which have a minimal entrance barrier. Then, in your video description, promote them by giving your unique affiliate link. Maintaining transparency with your audience is critical here to avoid jeopardizing your connections.

There are two characteristics of affiliate marketing that you should keep in mind.

Make Your Affiliate Relationships Known

Only 10% of 500k YouTube videos had textual disclaimers of participation in affiliate partnerships, according to empirical research.

If you’re making videos for children, you may find yourself in much more difficulty.

Following the FTC standards is critical if you want to avoid future crackdowns and keep your audience happy. Ideally, your audience should be aware that you are compensated for your recommendations. It guarantees that people only give your review the weight it deserves before making a purchase.

Programs with recurring commissions are preferred.

You may already be paying businesses like Netflix every month for their services if you live in the subscription economy.

What if you could be compensated for suggesting such items every month?

Such a possibility is provided by recurring affiliate programs. They allow you to earn money as long as the person you suggested stays a customer of the firm. Demio, GetResponse, and SEMRush are some of the firms that give such commissions.

Most types of items have enough “researched information” collected from third-party sources.

As a result, write an unbiased and genuine review based on your own experience with a product. Such a tip will truly assist customers in making a purchasing decision, allowing you to make more money.

Affiliate programs for your YouTube channel

Here are three easy methods to start looking for affiliate programs for your YouTube channel:

1. Examine the goods you use: Make a list of all the software, digital products, and other purchases you’ve made in the previous several years. Also, see whether the ones you use regularly offer an affiliate program.

2. Examine your rivals’ offerings: What products are the producers in your niche promoting? To discover out, look at their YouTube feeds and video descriptions.

3. Examine affiliate networks such as ShareASale (owned by Awin), ClickBank, Impact, and others: Most businesses rely on a middleman – affiliate networks — to reach out to content producers like you. On these sites, you may register as a “publisher” and have access to affiliate programs run by trustworthy firms.

3. Get Brands to Sponsor You

Users come to YouTube to watch videos, not to skim through them passively as they do on other social media sites.

That’s why companies in a variety of industries — including beauty, fitness, cuisine, gaming, applications, tech, parenting, toys, nerd culture, and others — are ready to pay a premium to video producers on the platform to promote their brand and products. For many businesses, organic content on channels converts far better than advertisements.

Here’s an example of an HBO Max-sponsored video created in collaboration with Derek from Veritasium. In the video, there is a disclaimer that says “includes sponsored marketing.”

three recommendations for making sponsored content work for you:

Otherwise, YouTube may take action against your account if you aren’t clear about product sponsorships. Additional duties may be imposed by laws and agencies in your country of residency, such as the FTC.

And, hey, deceiving your audience would very certainly damage your connection with them as well as your business, so don’t do it.

Go niche: You don’t need a million followers to start collaborating with brands. Brands do want a specialty channel with a dedicated and engaged audience.

Experiment with a couple of your passions before settling on a topic that has a respectable audience. Don’t jump around from travel to business to lifestyle; instead, focus on a single subject, such as “beginning a business with no money in your twenties.”

You’ll also need a few thousand subscribers and a high percentage of engagement with your Content. Being a member of the YPP is also beneficial.

How do you begin negotiating brand partnerships if you’ve met these criteria?

4. Sell Your Branded Merchandise

Within two years of launching its consumer-product business, the Ryan’s World franchise is on track to surpass $500 million by the end of 2020.

You might believe Ryan is the highest-paid YouTuber, but guess what? He’s not. The majority of YouTube creators with a large following are now selling merchandise.

So, how can you start selling stuff that promotes your business while simultaneously leveraging influence?

If you satisfy the qualifying conditions below, you can gain access to the merch shelf and related features if you are already a member of the YPP. The entrance requirement is a minimum of 10,000 subscribers.

The qualifying requirement for making money on YouTube by selling branded products

The YouTube connection with Teespring allows you to show up to 12 selected goods underneath your channel description on the shelf.

T-shirts, hoodies, and hats are the top three goods sold by YouTube producers, according to Printify, and you can start selling them as well.

To make money on YouTube, you may sell t-shirts, sweatshirts, and caps as goods.

YouTubers frequently include their quotations, logos, and channel names in their apparel designs.

You may employ freelance talent at low prices from networks like Fiverr to assist with the design.

After you’ve linked your verified site to your channel, YouTube additionally lets you market it using cards. As a result, you might want to explore using Shopify to create a specialized eCommerce store. It will provide your audience with a more customized experience.

If building your own site seems like too much work, consider partnering with one of the approved goods sites mentioned above.

5. Raise Money for Your Projects Through Crowdfunding

You can upload cards to authorized crowdfunding platforms and raise “one-time” donations. In general, creators utilize fan money to support unique projects like books, movies, web series, applications, or the development of other goods, as well as to raise awareness for a subject they care about.

Because it just requires a one-time effort, this monetization method may be easier to implement than the ongoing membership revenue model. However, depending on your fundraising objectives, it may be difficult.

Platforms like Kickstarter and Indiegogo are commonly used to describe your project concept, the funding needed to execute it, and the fundraising process.

You may also try using fan funding regularly to engage with your subscribers via live streaming and unique content. There are features like “Super chat” and “Super stickers” that can help you make some money.

Make sure your channel is monetized and meets the qualifying requirements. Then read on to find out how to enable Super Chat and Super Stickers.

Note: In the United States, the United Kingdom, and Canada, Google released the YouTube Giving suite of fundraising tools for nonprofits. You can get them if you’re a member of the YPP and have at least 10,000 subscribers.

6. Find out how to make money on YouTube using AdSense

Most YouTube producers see this as their first source of revenue since it looks to be simple. However, to take a part of the income produced by putting advertising on your videos, you must first be approved into the YPP.

Once you have 4000 hours of watch time in a year and 1000 subscribers on your channel, you must put out an application for the YPP. You must also generate advertiser-friendly content, follow community rules, follow the YouTube Partner Program Policies, and sign up for an Adsense account.

Once you’ve been approved into the program, turn on monetization for your video uploads, except those that are sensitive or contentious. Because if YouTube deems a video to be offensive, it will demonetize it via an automatic procedure, harming your reputation on the video hosting site.

Because of its unpredictability, most successful YouTube producers see AdSense revenue as supplemental “passive income.” They, like you, should concentrate on the other tactics I mentioned before.

Conclusion

Video is consuming the internet, and YouTube is an excellent location for video creators to gain visibility for their work. On the other hand, the compensation through AdSense is pitiful, with the top earners taking over 90% of the pie. So, depending on what makes sense for your YouTube channel, try out a few different monetization techniques.

Also, don’t create a YouTube channel only to make money since things may quickly get out of hand. To be able to put in the hard effort and push through development plateaus, you should like making videos.

Simultaneously, don’t wait years to make money (or attempt to get millions of views). Start by providing video editing or other services, and you’ll be able to generate numerous sources of revenue.

Also, keep in mind that to make any money from YouTube, you must adhere to the community standards. To avoid getting into trouble, avoid generating spammy, hateful, or copyright-infringing content, as well as anything else that might be reported.