How to Make Money from a YouTube Channel like a Professional in 2022
Adriene Mishler who hosts the channel Yoga with Adriene is the most influential Yoga instructor. With 10 million+ subscribers on her channel, Adriene is a master of her trade. It's evident in the number of followers she has. When she decided to create an environment for her most loyal fans, she began the creation of a community called Find What Feels Good, in order to allow people to get deeper into the practice of yoga, to discover, and connect with other people.
If you're contemplating how to monetize your YouTube channel, here are some excellent lessons from Yoga with Adriene for those just starting out: master your craft, develop a following that is loyal to build up what you can on YouTube (e.g. with ads) before finding a place to bring your viewers a deeper and more satisfying relationship.
Let's be honest, monetizing a YouTube channel is something that a lot of YouTube creators have pondered for a long time. But if you're waiting to hit the necessary threshold of views and subscribers to display ads, don't fret. This isn't the only method to achieve it.
In this post we'll go over what you need to be aware of when it comes to monetizing your YouTube channel. We'll give you some truths about monetization, and walk you through some of the ways you can build a business, even off of a very small channel.
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This post...
1. What does it mean to make money from a YouTube channel?
2. 4 truths about making money on Youtube
2.1. YouTube can be described as an attention-grabbing machine
2.2. YouTube has an incredible amount of competition
2.3. There is no need for an enormous following to earn some money through YouTube.
2.4. Advertisements on the display screen sucking
3. How to monetize your YouTube channel in 7 methods
3.1. Ads
3.2. Channel memberships
3.3. Affiliates
3.4. Merch
3.5. The sale of digital or physical items
3.6. Offering services
What is it to earn money on a YouTube video channel?
Monetizing a YouTube channel is just that simple, earning money off of your YouTube views. However, when we talk about how to monetize an YouTube channel, they are actually talking about the official monetization process through Google AdSense, which we'll discuss in the next section. You're not only limited to ads. There are numerous other ways to make money off of your YouTube channel.
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4 facts about how to monetize YouTube Youtube
YouTube can be described as an attention-getting machine.
Unlike most other social media, YouTube is a search engine. This means that YouTube creates traffic the same manner as websites do, users enter words into search bars and find your stuff. The power of this for people who are creating the content produces results year after year.
This makes it a powerful attention machine, and an excellent social media platform. If you make a high-quality and optimized for keywords today, it can potentially be a source of views for years to come.
YouTube has an incredible number of competitors
Yes. It does. With over 720,000 hours of videos uploaded every day, YouTube has a lot of users competing for attention.
Since people stream on average 1.25 billion hours of content every single day, there's a place to go.
If you have already a YouTube following, you've likely realized that the secret is to find a well-defined niche. Focus on creating content in this niche, and you'll create a fan base.
You don't need a ridiculous following to make money on YouTube.
It doesn't take an influx of fans to earn money with the YouTube channels you have. Well, actually, let's clarify that. It is likely that you need over a million followers to make a significant amount of cash from YouTube display ads.
BUT, as we'll talk about below, there are other amazing ways to make money from your channel without requiring millions of followers. Even if you already have thousands of subscribers (congrats! ), these methods will just put more back into your wallet and allow you give your followers greater value.
Advertisements on Display suckers
Did we not mention it before? Display ads monetization has a ridiculously high threshold, which we'll cover in the next section. A better approach is to concentrate on creating the niche market, while using a better monetization method.
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How do you make money with YouTube channels - 7 ways
Ads
Okay, we talked about the subject a bit earlier. In order to be approved to advertise, you need to hit a minimum target of 4,000 hours of watch time in the last 12 months and 1,000 subscribers. It may sound small initially, particularly in the case of channels with millions of followers. However, getting your first 1000 subs is a big deal.
And let's be honest regardless of whether you're monetized, it's unlikely ads will earn you enough to cover the table. That means, although it's possible to turn on ads if you're capable, many creators can't make a profit from them.
Channel memberships
Memberships to channels is another method to monetize a YouTube channel. Similar to ads, you'll need to be able to attract more than 1000 subscribers as well as be a part of the YouTube Partner Program. You can then offer member benefits like badges, emojis, live chats, and other perks for paying subscribers.
Affiliates
A different method of earning money from a YouTube channel is via affiliate and product placement. Imagine you owned the channel which talked about building remote control automobiles. The channel could connect to an online shop like Amazon and include hyperlinks to sponsored sites in the description section for viewers to buy parts or RC vehicles. (It's mandatory to indicate the links you have paid for ).
This is a common way of making money on YouTube, and if you check the description of some of your favourite videos you'll find affiliate links in there.
If you want to monetize with affiliate links, it is necessary to identify affiliates with the same brand that you don't mind discussing. It's best when there is an obvious link between your blog and affiliate links. (We offer an affiliate program too! )
Merch
Selling merchandise is another method for monetizing your YouTube channel. YouTube is moving into the social commerce space which means that you are able to create your own shop on the YouTube channel. If you've got a recognized brand, you can sell merchandise.
Offering physical and digital products
This isn't a huge difference than selling merchandise, but let's discuss this separately. It is possible to tie your YouTube channel with the physical or digital item which you market. For this instance, we're talking about items you design by yourself and not through affiliates.
Let's say you're a painter and you put art-related tips up on your channel. You can use the channel to market physical items, maybe even the paintings you created while demonstrating your techniques.
Another, more formal illustration is a business which has developed an SAAS solution for email marketing. They might use their YouTube channel to instruct the basics of marketing via email to small-scale firms, and all in an effort to try to increase visibility in their sales of their product.
Services to sell
Similar to the previous example one way to earn money on your YouTube channel is by selling services. Let's say you're a financial planner, you could give personal finance tips on your YouTube channel and connect it to your business of financial planning.
As more services are online, and aren't restricted to location and are no longer tied to locality, service experts are creating businesses that are similar to this. From coaches to finance professionals as well as consulting and speaking, YouTube is fertile ground for professionals in service to demonstrate their expertise and expand their following, as well as make money selling their services.
Community + Courses
Courses and communities could fall into the umbrella of digital goods, but they deserve a recognition in their own. Within the economy of creators, mixing community and courses could be the best option to earn money for a YouTube channel.
As an example, Adriene Mishler built a online course as well as a community for her fans. This wasn't just about making money also. The creation of the FWFG app and community was a way to build more connections with channel followers, and help devoted fans deepen their yoga practice.
It's not necessary to be a million-follower guru for a successful community or course off YouTube. Watch Heather Ramirez share how she mixes course and community together:
Making use of a class and community to monetize YouTube channels lets you create a space where your most loyal subscribers to get some facetime with you and join in on something of importance for them.
It also means that you do not have to attract millions of followers in order for a successful company. In fact, with the correct area of expertise, you could build a successful business with the help of a couple hundred.
If you're looking for an ideal location to tie your course and community together take a look at . It's possible to try it out without cost and get a sense of what you can create with the platform. The process of inviting people to Your Mighty Network might be as easy as posting an invite link beneath your video.
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Conclusion
If you're interested in taking the steps of monetizing a YouTube channel We hope that this post will give you some suggestions of how to go about doing it. There is still plenty of moment to make use of Youtube for business growth as well, and with just a bit of practice, it can become an excellent acquisition channel.
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