YouTube is one of (if not the most) visited website on the internet today! It basically is an online hub for home-made videos from people like you and me.
It is popular amongst all age groups, professions and education levels. The beauty of it is that it holds so much material that a person is bound to find a video that they can enjoy or learn from.
People upload videos on all sorts of topics, which can range from recipes, different types of DIY tutorials, and even game cheats. While a majority of the people who upload videos enjoy feeding YouTube with informational or fun videos, very few realize that there are a lot of money that you can make off YouTube by simply producing and publishing home-made videos on consistent basis.
Just like any other business, it’s all about TRAFFIC (almost!), understanding traffic statistics, and serving the videos that your target market will enjoy watching.
YouTube is one of the most visited websites on earth and it receives over 1 billion unique visits each month! 4 billion hours of videos are viewed every month.
Since you’re looking into uploading videos to make money, you should know that 72 hours of video are being uploaded to YouTube every minute. 70% of YouTube’s total traffic comes from outside the US so it is extremely possible that your video will be viewed all over the world.
In 2014 alone, YouTube received over 1 trillion views which equals about 140 views for every person on the planet! Subscriptions are actually extremely important in making money off of YouTube. Subscriptions allow people to keep up with video updates by alerting them whenever there’s new material from you.
Millions of subscriptions happen every day which leaves a lot of room for you to build up an audience when uploading videos. A bigger audience means more money for you! More traffic equals more money.
YouTube publishing shouldn’t be taken as a get rich quick scheme as it isn’t. If you’re looking to make thousands of dollars overnight, that is not going to happen. However, after 1-2 years of hard work you could end up making a decent supplementary income for you and your family.
YouTube partners can make anywhere from $2 to $5 per thousand views on each of their videos. I know it doesn’t look that lucrative at first glance but as you grow your arsenal of published videos and your subscribers, that small amount accumulates and if you keep at it, it could even replace your full time income from work.
For example, if you were to get 100,000 views on a video you could make $200 to $500 from the payout and the ad clicks. The most viewed YouTube partners earn from $5-$6 per thousand of views on their videos allowing them to make substantial sums of money passively from their videos. This is not typical however. It takes years and a lot of dedication to reach that kind of viewership status but it can be done.
The YouTube channel payout is smaller but still a good way to earn a side income at the start. The typical payout rate for Youtube channels is $0.01 per thousand channel views. The YouTube partner program is a good way of monetizing your videos when you’re just getting started.
The minimum requirements for becoming a partner may seem a little high for newcomers. Your YouTube page must have 200+ subscribers and 50,000 channel views before you can apply to be in the partnership. However, once your audience is established to these numbers then it will be a lot easier for you to earn money. The partnership is easy to sign up for. You simply put your email in and follow their step by step instructions to becoming a partner. They will even give you monetizing advice so that your partnership will be approved easier.
Because there is 72 hours of video being uploaded every minute you need to upload videos that stands out! You can only earn money from a YouTube video if you have full copyright over everything in the video as always. Before thinking of how you can make money on YouTube you need to decide on a niche. Will you be teaching tutorials or giving commentaries, how about product reviews? Whatever you chose to do, make sure that your video is exciting and useful. Don’t just walk away from the videos once you upload it either. The only way you profit from the video is if people actually view it. Send it out to your friends on YouTube, Facebook and Twitter. Better yet, embed it on other websites (it has the same effect as links) so YouTube will give it higher rankings. When sharing with your friends, think of letting it go viral; encourage your friends to send/share it as well. The best way to go around this is to feed it on a Facebook page or your Facebook wall. It it’s interesting, people will naturally watch, like and share it.
You have to let people know about your videos because the money won’t magically come rolling in if no one knows about your videos.
Making money on YouTube isn’t a walk in the park so make sure that you love doing it, otherwise it will feel like work and you might give up even before you start earning satisfactory income.
Still think it’s hard to make money on YouTube? With the right motivation, even a kid can do it! Okay, I know you’ve heard that before, but hey… here’s an example!
Get Social media training or digital marketing training from DICC to know more about as how much money that you can make and what are different possible ways by which you really can make handful amount of money by just uploading youtube videos.
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