7 Best Ways How to Make Money on Youtube in 2020

How to make money on youtube While it is possible to make significant income from YouTube as a content creator, it is not the easiest either.

Promoting affiliate links can be a massive earning opportunity for channels that offer in-depth tutorials as well as insightful product reviews. For example, if you recommend a product and a user visits your link to buy, you’ll start earning commissions. You can place these links in the first few lines of your description and speak about your link in your video content.

To build trust with your audience, help them solve concrete problems and provide tutorials. As a bonus, you can create videos that offer solutions you have previously accomplished yourself.

As a YouTube Partner, you make money in different ways. You can make money from ads before your videos, channel memberships, or Google AdSense banner ads.

However, there are some ground rules to observe before becoming a certified YouTube Partner as well as some prerequisites needed to start. Aside from adhering to YouTube’s ad rules, you must amass a minimum

After successfully achieving the 4,000 hour-threshold and winning your place as a YouTube Partner, you can start earning from ads.

In your Video Manager, a green “$” next to your videos indicates that you can now tap into YouTube monetization.

With YouTube Premium removing ads for viewers for a monthly fee, YouTube still helps support creators by paying based on the percentage of total watch time.

However, you may not always be able to base your revenue generation on YouTube from advertising alone. There are other avenues by which you can consolidate your earning potential on YouTube.

If you’ve built a following of loyal fans, encouraging them to crowdfund your channel can help you fund your new videos and profit.

For-profit and nonprofit channels alike are leveraging this fan-funding with their audience to keep their video operations running smoothly. As long your content is interesting, entertaining, or providing value, you would be amazed at how your viewers open the floodgates of generosity.

For video creators who have not built a significant following yet, you have to step up your game and maximize YouTube SEO this year.

To do that, perform keyword research like you usually would – however, think a little differently based on what people are searching for on YouTube. Next, make sure you are using high-value keywords in your video title, description, and video tags.

Once launched, you can check your YouTube “Traffic Source: YouTube search” report to get an idea of what people are searching for when they find your videos.

  • Number of comments
  • Subscribes after watching a video
  • Thumbs up/thumbs down ratio
  • Video length
  • Click-through-rate on the YouTube search results

YouTube is one way to spread your message, but you can make more money by using YouTube in unison with a blog. That way you’re collecting more email addresses and eventually selling products to your fan base.

For example, if you write a blog post about an affiliate product you’re recommending, repurpose that content, and create a YouTube video embedded in the post. Then send users from YouTube back to your blog and to the affiliate links to both earn commissions and build blog readers.

The Amazon influencer program is becoming more popular. This influencer program allows you to maximize your YouTube (social media in general) presence to make money via Amazon recommendations.

After joining the program, you can review and recommend products and direct your viewers to Amazon to purchase via affiliate links. When your viewers click through and make Amazon purchase, you get your cut of the commissions – typically 8-10%.

However, this program isn’t open to everyone. Social media follower count and other metrics dictate approval odds.

generate money and make 55% of revenue, based on view time. There are mixed reviews on whether YouTube Red increases or decreases CPM rates.

With YouTube Red, your watch time matters, so check your YouTube Analytics to view your statistics like watch time and video engagement.

Now if you are using affiliate marketing as a channel owner, advertisers disburse payment with different models – typically cost per sale or cost per lead. Here, your earnings directly correlate with the number of conversions and sale commissions you get from advertisers.

You can also sell sponsored product placements in your videos. Here YouTubers make money by selling either short mentions or more extended product recommendations on brands looking for exposure.

However, if you have been able to build a measurable following on your channel, brands will pay you. This price may range from $20 to $50 for every few thousand views they get on your channel.

So if for example, their video on your channel hits millions of views, you can be dancing to the bank anywhere from $20,000 to $50,000. This strategy is a better way to monetize when you aren’t generating millions of views.

For thousands of YouTubers, this answer may be nothing, or barely anything. For popular YouTubers, this could be a million dollars or more per year.

It’s getting tougher to make money, as ad revenue can range from $0.35 to $5 per view, with the safe assumption being $1 per 1,000 views.

The profitability of your channel is tied to both your views and your niche.

How can I make money on YouTube without ads?

If you aren’t making a lot of money with advertisements, there are plenty of other ways to generate an income from your channel. Here are some of the best options:

Is it hard to make money on YouTube?

It is pretty challenging to make money on YouTube. First, you must have 1,000 subscribers and 4,000 watch hours within the last 12 months to join the YouTube Partner Program. Then you have to generate a lot of views and monitor your cost per view (CPV) to see how much money you make for advertisements.

If you don’t have millions of views, one great way to monetize your channel is with affiliate marketing. You can review products or perform product tutorials and place affiliate links in your video description. That way, you can earn commissions on every sale and make more money than your advertising CPV.