Top 5 Ways To Make Money On YouTube
YouTube is the absolute king when it comes to video content on the internet, and it has made some of its content creators very wealthy. When seeing how much money some of the highest creators are making, it has caused a lot of us to think about getting into the YouTube business ourselves. It’s not an easy egg to crack, but you can still make some money on the side with your channel. Here are five ways you can do just that.
5. Use Original Content
One of the quickest ways to make sure that your YouTube channel doesn’t make a single cent is by using other peoples’ content. It’s even faster when you’re using content that’s owned by a large company such as movies, television shows and music. If everything that you post is completely original content, there’s no way that you can get a copyright strike filed against you. Even playing video games can be tricky as some of these games contain copyrighted music so you have to be careful.
4. Accept Fan Donations
Even if you don’t have a large following, there might be some people that still want to donate to your channel to support your efforts. Make sure to set up a PayPal link in the description for each of your videos. This allows people to send you money directly, but make it clear that there are no refunds as there have been some issues with chargebacks to troll YouTubers. YouTube also has ways in which content creators can receive money directly from fans, and we’ll get right to that.
3. Become a Partner
To add a button that allows fans to send you money right under your video without having to even leave your channel, you have to become part of the YouTube Partner Program. This isn’t an easy program to get into, however. You need to have at least 1,000 subscribers, which is the hardest part of the program. You also need to have 4,000 hours worth of your videos watched in the past 12 months. You can then link your AdSense account and you’ll start to earn revenue from your videos.
2. Find Sponsors
Some content creators that don’t have a large enough following or post enough videos to get into the YouTube Partner Program will find a way to get revenue through sponsors. It might not be a large deal that you strike with a sponsor, but you can get paid to do a quick shoutout to your sponsor or even have an affiliate code that tracks how many people are using your video to get to your sponsor’s website.
1. Sell Merch
Selling merchandise is one of the easiest and most fun ways to earn money on YouTube. Websites like Spring allow you to create your own merchandise for free, and the ability to not have to pay anything upfront means that you get a big chunk of the profit. Of course, these sites will take a big cut since it’s their inventory that’s being shipped, but if you have a good enough design, it might transcend your YouTube channel altogether.