5 helpful steps to make money on YouTube
By Parasolla | Updated on January 26, 2023
5 helpful steps to make money on YouTube
How to make money on YouTube?
This is one of the most repeated questions for the people who like to start a channel on YouTube and make money from it.
The answer for this question can be different from one channel to another depending on multiple factors such as the content type, audience and the way to monetize your channel as every channel has a different method to make money.
In this article, we are going to give you 5 basic steps to help you build a channel in the right way and make money from it.
1. Choose your channel topic
Before start thinking about creating a channel and making money from it, you need to choose a topic which is the main subject of your channel.
It is recommended to start a channel about something that you have a good experience in. In this way, you can create a your content easily as you have enough experience to provide the content that people are looking for.
In addition, creating a channel with previous experience will give you the ability to make valuable videos regularly and constantly because you have a lot of things to talk about.
Also, you must understand YouTube's Community Guidelines to make acceptable content on your channel and avoid getting unwanted problems in the future.
The most common topics on YouTube are:
- Cooking
- Music
- Sport
- Entertainment
- Beauty
It’s not required to choose a common topic to make profits, the most important factors that help you make money are your topic type and audience.
2. Create your channel
After you chose your channel topic, it is time to Create a YouTube Channel
Are you ready to upload videos?
NO
You should prepare your channel to be ready and look professional. Hence, when someone enters your channel, he will find something to watch.
So, you should add a picture to your profile to demonstrate your channel name and content. For example, if you talk about sport, you can add a logo about sports. In this way, people will know you channel topic easily.
Also, make sure to add a banner picture to make your channel look better. Your banner picture can be any picture help the visitors know what you provide. In addition, you can type something in your banner picture to motivate the visitors to subscribe to your channel. For example, if your channel is about fitness and losing weight, you can write the following sentence "Daily habits to build a healthy life"
This simple sentence will motivate all the interested people to subscribe to your channel.
The last thing you should do when you create your channel is taking care of all other details such as the channel description, and social media links. For example, if you have a page on Instagram, you can add a link to your Instagram account to let people follow you on Instagram and YouTube at the same time.
3. Grow your audience
First of all, you should know that there is no magical tool to grow your audience. So, stay away from all Shortcuts.
Shortcuts = short-term results.
You need to BUILD your audience.
Getting subscribers and views depends on your video quality, people’s reactions, comments, and shares.
Also, you need to know that the growth is different from one channel to another.
Some Youtubers have achieved 1,000 subscribers within two months and others have spent two years to get 1,000 subscribers. So, you should be aware that the best way to grow your channel and analyze your channel growth to improve the results.
Now, the question is, how you can grow your audience?
Well, there is no a constant plan to grow your audience because every channel has a different situation and content. So, the audience is different too. As a result, the strategy can be different to grow your audience.
Basic methods to grow your channel:
1. Create a high quality content
2. Publish videos regularly
3. Invite friends to support you as a beginner
4. Run ads to let people know you
5. Ask friendly channels to promote your content
6. React to people comments
4. Apply to YouTube Partner program
After you created a professional channel and built a good audience, you can start thinking about making money from your channel. You should be aware that you should have at least 10,000 subscribers and good watch hours to start getting a good money.
One of the most popular ways to make money on YouTube is to apply to join YouTube Partner Program (YPP) which lets creators monetize their videos on YouTube through ads.
To qualify for YouTube Partner Program, you must meet the following requirements:
1. Understand and follow all the YouTube Monetization Policies
2. You must live in an eligible region.
3. Your channel must have more than 1000 subscribers.
4. Your channel must have more than 4,000 valid public watch hours in the last 12 months
5. You must connect your channel to your Google AdSense Account which is an advertising program from Google to allow the publishers to show ads on their site and earn money.
After you passed all the previous steps successfully and get approved for YouTube Partner Program, you can earn money from ads that show on your videos.
The question is how much can you earn from Google ads?
There is no accurate answer for this question because it varies depending on multiple factors such as your audience, channel topic, number of ads… etc.
5. Sell products and services on YouTube
Ads are not the only way to make money on YouTube, you can also sell products and services to your audience. Or even you can promote other companies products and services to earn money from marketing.
But you should be aware that the best way to get good results is to promote products and services that people want. For example, if your content is about pet, you can promote pet food and stuff on your channel.
There is another option to sell products through affiliate marketing where you can promote other companies products through links and when people enter their websites and buy their products through your link, you will get a commission.
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