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5 Best Ways How to Make Money on Youtube in 2023
How to Make Money on Youtube in 2023: YouTube was launched in February 2005 and since then it has emerged as one of the major sources of entertaining content. Here several people upload their videos in the field they expertise in and spread their knowledge to the entire world. Moreover, there are more than a billion YouTube users globally with whom you can interact through these videos.
Additionally, YouTube is not just a platform for entertainment purposes where people just upload their videos and interact with their audience. But it is also one of the major online income generators and it is believed that YouTube is the most preferred digital marketing platform by various reputed organizations as well as individual proprietors.
Furthermore, YouTube is the second largest Search Engine on the Internet and as a result, YouTube might be extremely beneficial for you to interact with more people around the world and make your brand presence online.
So, it is clear that you have enormous opportunities to do something extraordinary on this platform. But don’t forget that there are millions of people who are taking the advantage of this platform which means that you will have to face a sturdy competition with them.
But if you really have that aptitude to attract the audience and the dedication towards creating high-quality and unique content. Then YouTube is all yours, you can make immeasurable profits through YouTube. If you have not yet created a YouTube channel, then before knowing how to earn from YouTube, learn How to Create a Youtube Channel.
How to Make Money on YouTube in 2023
So do you have that passion and dedication to upload videos in order to create your face value or maybe your brand presence online? Are you willing to live a new and exciting life by taking the advantage of YouTube? Well, here are the best ways to make money on YouTube that you must follow in order to monetize your YouTube channel:
1. Become a YouTube Partner and Earn Through Google Ads
Google Ads are one of the most essential revenue streams for many of the YouTubers.
You can make money in several different ways as a YouTube partner. YouTube enables its creators to earn money by displaying ads before their videos, channel memberships or maybe Google AdSense banners.
Advertisers pay YouTube a certain amount of money based on the clicks and impressions. Then, YouTube keeps 45% of the total revenue and pays the remaining 55% to the creators for creating valuable content.
In order to qualify for the YouTube Partner Program and monetize your channel with Google Ads, you must have at least 1000 subscribers along with 4000 hours of watch time over a period of the past 12 months.
A Green “$” next to your video in the Video Manager signifies that you are now eligible for YouTube monetization.
With the launch of YouTube Premium, viewers can now remove ads by paying a monthly fee. But, YouTube still helps its creators to monetize their videos by paying on the percentage of total watch time.
2. Use Different Affiliate Links on YouTube
Monetizing your videos with different affiliate links can result in enormous revenues if you offer in-depth tutorial as well as insightful product reviews in your videos.
Moreover, it is also believed that promoting affiliate links on YouTube can be more effective than promoting it on your blogs. On YouTube, you can interact directly with your audience through your videos and it provides a better value to the audience. Hence, YouTube is probably the best platform for affiliate marketing.
Here are some of the best affiliate programs for you to join:
#1. Bluehost
Bluehost Affiliate Program is amongst the highest paying web hosting affiliate programs of the present times. Over the past few years, almost every web hosting company launched their own affiliate program in order to drive up their traffic and convert them into paying customers. With Bluehost Affiliate Program, you can earn $65 to $125 per sale.
The minimum commission threshold for withdrawing the funds is $100, you will have to make at least 2 qualified sales to get your first payment into your bank account. The payment is generally processed by the end of every month. So, if you are willing to diversify your income stream, become a Bluehost affiliate today.
You Can also make a Blog and get started with Bluehost web hosting.
How To Get Started and Make Through Your Blog:
- Firstly, Visit Bluehost.com and click Get Started
- Now Choose your hosting plan According to Your Requirement ($2.95/month)
- now Enter a new website domain name or select one you already own
- then Enter your account information.
- Click Submit Button and you’re ready to go!
#2. Shareasale.
Shareasale is one of the most popular affiliate marketing programs with over two decades of experience in sales and advertising. Shareasale is a highly reputed as well as a well-reviewed company. Affiliate sign-up for Shareasale is free and anyone can join it.
Moreover, Shareasale affiliates have access to more than 4,800 merchants across multiple markets along with niche industries around the world, which makes it really easy for you to find the right fit for your website.
Reviews of Shareasale online are generally favorable. However, there is a learning curve that comes between the placement and context of affiliate marketing leads. Furthermore, Shareasale is often considered to be a reliable source of affiliate income.
#3. AWIN.
AWIN is a popular affiliate marketing network with a mission to connect advertisers and affiliates of all sizes. AWIN also offers its publishers an opportunity to promote products from the most reputed brands and leverage their established brand awareness and trust. Awin is a global affiliate network and a part of the Axel Springer and United Internet Groups.
3. Master Your YouTube SEO
If you are creating content on YouTube for quite a long time and you have not built a significant fan following yet, then you really need to focus on your SEO. You Can Also Read about YouTube SEO: How to Create a YouTube Channel and Promote It.
Firstly, conduct proper keyword research and choose the keywords that can rank easily and what people would search for. Also, make sure that you are using high-value keywords in your video’s title, description along with video tags.
After doing keywords research, you can also check the major traffic sources and try to get more searches from the YouTube search so that your rankings can improve.
Usually, Google shows video results for keywords on how to, tutorials, reviews or sometimes funny video terms.
Here are some of the major YouTube SEO Ranking Factors that you must consider in order to improve your SEO:
- Number of comments
- Subscribes after watching a video
- Likes/ dislikes ratio
- Video length
- Click-through-rate on the YouTube search results
4. Become an Amazon Influencer
The Amazon Influencer Program is gaining much popularity day by day. This program enables you to make money online through social media via recommending Amazon products to the audience.
Once you get started with the program, you can review and recommend products directly to your viewers through your YouTube videos and they can purchase the products through your Amazon affiliate links. When the viewers click on the link and purchase a product, you will be paid a certain amount of commission of the total revenue made from the purchase.
However, this program is not open to everyone. There are several factors that dictate your approval to join the program. Your followers and engagement level are the major factors that dictate your eligibility to join the Amazon Influencer Program.
5. Make the Most of Your YouTube Marketing Funnel
In the end, just focus on optimizing your YouTube channel for sales. Choose your niche carefully, become a YouTube partner and plan your Marketing Funnel.
YouTube is a great platform to spread your knowledge or message to the entire world. Just make amazing videos in the field your expertise and follow all the marketing and SEO strategies in order to become a successful creator on YouTube.
How to Make Money on YouTube Frequently Asked Questions (FAQ’s)
Do you need 1000 Subscribers on YouTube to get paid?
According to the YouTube Partner Program requirements, you need at least 1000 subscribers in order to be eligible to monetize your channel through their program. Hence, YouTube starts paying you only when you have crossed a milestone of 1000 subscribers. But, you can still earn through affiliate links.
How many subscribers do you need to get paid by YouTube?
In order to register with the YouTube Partner Program and start monetising your videos, you will need to reach a milestone of 1000 subscribers then only you can get paid by YouTube.
How many subscribers do you need to make money on YouTube?
The amount you earn from YouTube does not depend on the number of subscribers you have. If you want to monetize your videos with Google AdSense then you will need at least 1000 subscribers to earn money. But, you can also earn by using affiliate links and brand promotions with any number of subscribers.
How many subscribers do you need to make a living on YouTube?
You just need 1000 subscribers to start earning from YouTube. After that the amount you earn from YouTube does not depend on the number of subscribers you have. YouTube pays for displaying ads on your videos. YouTube usually pays between $100-$300 per 1000 ad views which equates to 10000 video views. So if you get 100K views on your videos then we can say that you got 10K ad views, which equates to $1000-$3000 which is enough to make a living.
Is it hard to make money on YouTube?
It’s never easy to earn money, doesn’t matter what you do. You have to give continuous efforts and work hard in order to earn money. We can say that it’s quite difficult to earn money from YouTube as you are starting your own business in the field of entertainment by creating a YouTube channel. You will have to face multiple challenges at every stage and don’t forget that you are competing with thousands of other YouTubers in your niche. Hence, you have to prepare a content that is attractive and profitable so that it can stand out of the competition.
How much money do you get for 1000 views on YouTube?
YouTube does not pay its creators for the views on their videos. YouTube pays for the ad views. So, if you are registered with the YouTube Partner Program then you will get around 100 Ad views on every 1000 video views. Which means you can earn between $1-$3 for 1000 views on YouTube.
How much money can you make on YouTube?
There are no limitations on how much you can earn from YouTube. We can say that sky is the limit. Once you start monetising your channel then you can earn as much as you want by creating compelling content that everyone loves to watch. Just focus on the quality of content and be consistent then you don’t need to look back in your life.
How to make money on YouTube without making videos?
You can make money on YouTube without making videos by using other people’s content. You can generate leads, sales along with commissions by using other people’s content.
How much money can you make per view on YouTube?
As we know that, YouTube pays only for the ad views and not for the video views. We can say that one ad is displayed on every 10 video views and YouTube pays its creators $0.10-0.30 per ad view. Hence, we can conclude that you can earn between $0.01-$0.03 per view on YouTube.
How can I make money on YouTube without any ads?
There are several ways to make money on YouTube without any ads. You can promote your affiliate links and you will be paid a certain amount of commission for every sale you generate. Moreover, affiliate marketing is one of the most popular ways of making money on YouTube without any ads.
You can also sell your own products on YouTube by promoting it through your videos. You can attach the link to your online store or social media accounts in the description of your videos from where people can buy your products.
Furthermore, you can also earn by brand promotions. Several brands pay YouTubers a fixed amount of money as a brand deal to promote their products or services through their videos and influence the audience to purchase their products or services. And this one of the best ways of making money on YouTube without any ads.
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