Growing a YouTube channel from scratch can be time consuming. You need to work hard to produce interesting content and attract enough viewers and followers. Once you hit a certain threshold, you can start figuring out how to monetize the channel. Unsurprisingly, there are multiple different methods to consider.
If you are looking for great tips on how to make money as a YouTuber, then this article will be very helpful for you.
Customized Merchandise Offers
One of the most common methods of monetizing YouTube videos is to offer viewers the opportunity to support a channel by purchasing custom products.
From shoulder bags and face masks to t-shirts and hoodies, there are plenty of great products on the market.
Thanks to the marketplaces available, you don’t have to worry about starting an online merch store from scratch. No, you generally just need to create an account with one of these marketplaces and add the merchandise. Many marketplaces also offer mockup generators that allow you to design products directly on the website.
Of course, you will most likely hire a suitable graphic designer who can create different types of products. Also, if you rely heavily on this method of monetization, be sure to keep the merchandise fresh, even if it means paying the graphic designer more.
Try Live Streaming
YouTube is still a bit behind Twitch TV in terms of streaming, but you can still give it a try. The idea is very simple. Instead of posting a video to your channel like you normally do, start a live streaming version where you can interact with viewers.
Those who watch your stream can donate money, which is where the monetization comes from. If you haven’t tried streaming on YouTube before, it’s hard to predict how many viewers your stream will get and how much money you’ll make.
As a side note, you can also switch to Twitch TV when streaming whichever platform is more suitable (because now) for that type of content. Advertise that you are now streaming on Twitch on your social media pages. Also, link to the Twitch TV channel in your video descriptions. You can also leave a comment on your latest YouTube video and pin it to encourage people to watch your Twitch TV stream.
Exploring other platforms can offer great opportunities to earn money as a YouTuber if you play your smart cards. After all, you don’t have to start from scratch on new platforms because you already have an established audience on YouTube that will likely follow you. And that includes watching your stream on Twitch TV.
Trust The Ads
Although more and more people use ad blockers on their desktop browsers, many YouTubers watch YouTube on their smartphones or tablets, devices that don’t have ad blocker extensions.
YouTube has its own ad system. You must first join the YouTube Partner Program. You will then have the option to enable video ads on your channel. However, keep in mind that YouTube has a strict policy about what kind of content is user-friendly and can be monetized with ads.
Finally, be sure to check out the guides on the different ad placements on YouTube videos to find a setting that will maximize your earnings.
Make Paid Sponsorships
Paid sponsorships are another example of a common YouTube monetization method. You see a lot of YouTubers that include an “advertising” hashtag or a disclaimer that a video is sponsored. There is usually a part of a video dedicated to the sponsor at the end or beginning of the video.
Since YouTubers can be treated like featured people, it’s natural for brands to reach out to them and ask them to promote a product on a YouTube channel.
Keep in mind that you need to be smart about the products or services you plan to promote on your channel. If sponsorships last too long or don’t make sense for the type of content you’re posting on your channel, it may not do well with your audience. Not to mention what accepting suspicious things like cryptocurrency sponsorships can do for the well-being of your channel.
Create A Pattern Page
Crowdfunding platforms allow content creators to receive support directly from the audience. You can create a page on Patreon or another similar service and advertise it on your YouTube channel, asking people to join the supporters. However, you should not let too many people take the opportunity to support you without getting anything in return. Make sure you offer certain perks to your followers. A couple of examples of benefits include: