The Truth About Making Money on YouTube
I made millions of dollars on YouTube at the age of 23 and here’s the truth. Unlike what 99% of YouTube gurus tell you, making money on YouTube is quite easy. But it’s a little easy for someone like me to say after I’ve spent 5 years of my life trying to figure out how to make a bunch of money on this platform. And no, I’m not talking about almost re-uploading a few contemplation videos. That is if you want to make a bunch of money on YouTube, you have to do something much better. In this article, we will examine how to make cash on YouTube.
Brand bargains are another way to make cash on YouTube
This is a very long time, so let me save you 5 years of your life by giving you the only four viable ways to make money on YouTube. These are all timeless YouTube income sources, but I have to be honest. The quicker you apply them, the more cash you’ll be able to make.
Selling Products: The Best Way to Start Earning
But first, I want to ask you a question: would you rather start making money on YouTube tomorrow or 6 months from now? If you answer tomorrow, then this first option is going to be perfect for you.
The Risks of Relying on the YouTube Partner Program
Most YouTubers rely on the YouTube Partner Program to make their money. And even though you can make a lot of money with it, you’re at the mercy of YouTube.
Importance of Multiple Income Sources
This is when I learned the importance of setting up multiple income sources from YouTube traffic.
Selling Physical vs. Digital Products
There are only two types of products that you can sell: physical and digital products. Which one you should sell depends on the content you create and the audience it attracts.
Examples of Selling Digital Products
Selling digital products can also be a great fit for you, especially if you’re a small creator.
Affiliate Marketing: A Profitable Alternative
This next method is called affiliate marketing, and it’s responsible for around 25% of my monthly income as of right now.
Finding the Right Product to Promote
So which product should you promote, and which videos convert the best?
Video Formats That Convert Best for Affiliates
If you don’t apply winning video formats, you’re not going to make any money because you don’t get views and commissions.
YouTube Ad Revenue: A Solid Source of Income
In case you didn’t know, YouTube is the best platform to directly monetize your content.
Factors Affecting Ad Revenue
If you’re making online business content, you’ll get high-paying advertisers, as your audience is worth a lot to them.
Brand Deals: A High-Paying Opportunity
Maximizing Income Sources on YouTube
For all of these income sources, the more views you get, the more money you will make. If you want to get more information about work-from-home jobs read this article.
Learn More About Ranking on YouTube
I have made a free 1-hour course sharing how you can rank number one on YouTube and get a ton of views. By reading this article you can learn more about how to earn money on YouTube.
