I'll give you the biggest tip ever for making money on YouTube. Forget about making money on YouTube! Think instead about how can you positively impact peoples lives. How can you help them, or make their day brighter. Once you start thinking that way, the money will follow.
Currently we don't even have a big YouTube channel. As of the making of this video we have just over 6,000 subscribers.
As of the making of this video more than 1 billion hours of video content is watched every day. The time spent watching YouTube on TV has doubled in the past year. People are watching TV less and less, and YouTube more and more but you can advertise on YouTube for free and not have to spend millions of dollars on a TV spot.
The number of channels making 6 figures has increased by 50% every year. Demand for "how to" videos are growing 70% year after year. People much prefer to watch a video rather than read a page of text. Millennials prefer YouTube over TV 2 to one
So as you can see Youtube is replacing traditional digital mediums and those who create a channel now, can enjoy an ongoing revenue stream that can literally last a lifetime.
There are several ways you can make money on YouTube the first is with paid ads.YouTube will show ads on your videos and share the revenue with you. Very cool. And the great thing is YouTube is amazing at matching advertisers with your content.
Another way to make money on YouTube is to promote and sell products. You don't need your own most major companies have affiliate programs including eBay, amazon, even Walmart.
Top 7 Tips to make Money on YouTube.
VALUE - #1 of all!! rather than the mindset of asking what can I earn - ask what value can I give people. Our videos literally save people millions of dollars every month by helping them avoid costly investment mistakes. The more value you give, the more successful you will be.
#2 Technology - Quality counts. phones today are capable of decent quality video. Audio is also important. If you have the budget spend a few hundred on a good mic, a good camera, some lighting, and an editing suite.
#3 SEO - Do some keyword research before you create the videos. Do a search to see what terms are popular. You can type into YouTube and suggested searches will come up that are trending. If you have an Google ads account go and check the number of searches. Google will slowly integrate your videos by keywords into the rotation which will start the process of engagement. Having well optimized keywords will speed up that process. We'll do an SEO for YouTube tutorial at a later date.
#4 Quality content - nobody wants to see you rambling on about how you just ate a donut. Thats for Facebook and insta. YouTube = quality content.
#5 Dont swear - YouTube recently had a huge crackdown on content not being suitable for advertisers. If you want to be ultimately eligible to get paid on ad clicks - dont swear or have any questionable content. YouTube really wants partners and will help you to succeed- but you have to play by the rules and keep it family rated.
#6 Consistency. One or two or even ten videos is not going to cut it. Set a schedule every week to create one or two or more videos and stick to it. It takes time, it takes a lot of effort, but just keep thinking about that $10,000 a month while you are traveling the world. Stick with it - it will happen.
#7 Don't . give. up. Many people were annoyed when YouTube changed the requirement to 1000 subscribers minimum before you could apply to be a YouTube partner and get paid. But this was actually a good thing. Now YouTube can focus on the really solid channels, and they are there to help you, not hurt you. Remember this Whenever there is a higher barrier of entry in business, or anywhere in life, that means much better rewards at the top. be one of the few that sticks with it and follows through and you will literally be one of the pioneers of the internet and potentially create yourself a lifetime of residual income.
In a future video Ill show you how you can leverage YouTube to build any type of existing business and get amazing SEO results outside of YouTube on the front page of Google. I'll also speak about other high ticket items you can potentially review and promote and more. Questions and comments down below like and subscribe and hit that bell for updates - lots more to come Thanks for watching.