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.
Factors Determining YouTube Earnings
Description
1. Ad Revenue
– Earn a percentage of ad revenue from ads displayed on your videos.
– Earnings per view depend on factors like viewer location, ad type, and content type.
2. YouTube Partner Program (YPP)
– Join YPP with a minimum of 1,000 subscribers and 4,000 watch hours in the past 12 months.
– Monetize your content through ads and other features.
3. Engagement
– Higher engagement (likes, comments, shares) can lead to more views and potential revenue.
4. Content Type
– The type of content you produce can attract viewers interested in making purchases, increasing value.
YouTube Earnings Overview
Description
CPM Rates
– CPM (cost per mille) rates vary by content and viewer location.
– U.S. average CPM is $7.60, global average is $2.20.
Estimated Earnings
– YouTube provides estimated earnings based on views, engagement, and ad revenue.
– Average earnings for a 1 million subscriber channel is around $60,000 per year.
Real-World Examples
– Examples of YouTubers’ earnings vary widely; PewDiePie earned $12 million in 2020, Ryan Kaji earned $29.5 million, Jenna Marbles earned $5.3 million in 2019.
YouTube Traffic Statistics
Description
– Over 1 billion unique visits monthly
– YouTube is one of the most visited websites worldwide.
– 4 billion hours of videos viewed monthly
– Huge user base with videos being viewed globally.
– 72 hours of video uploaded every minute
– A massive amount of new content is uploaded continuously.
– 70% of traffic from outside the US
– A global platform with viewers from around the world.
– 1 trillion views in 2014
– High viewer engagement with a vast number of views.
– Subscriptions play a crucial role
– Subscriptions help build an audience and increase income potential.
How Much Money Can You Make on YouTube
Description
– Earnings range from $2 to $5 per 1,000 views
– YouTube partners earn a varying amount based on views and engagement.
– YouTube partners can make substantial income
– High-viewed channels can earn $5-$6 per 1,000 views, potentially replacing full-time income.
– Payout rate for channel views is typically $0.01 per thousand views
– Earnings accumulate over time as you grow your video library and subscribers.
– YouTube partner program is a good starting point
– A way to monetize videos and earn income, especially when starting out.
What Determines Your YouTube Earnings?
Before diving into the specific figures, it’s important to understand how YouTube calculates your earnings. There are several factors that come into play, including:
Ad Revenue
One of the primary ways YouTubers earn money is through ad revenue. YouTube displays ads before, during, or after your videos, and you earn a percentage of the revenue generated from those ads. The exact amount you earn per view depends on several factors, including the location of your viewers, the type of ad displayed, and the type of content you produce.
YouTube Partner Program (YPP)
To monetize your content through ads, you need to join the YouTube Partner Program (YPP). YPP has several requirements, including a minimum of 1,000 subscribers and 4,000 watch hours in the past 12 months. Once you meet these requirements, you can apply to join YPP and start earning money from ads.
Engagement
YouTube also takes into account the level of engagement your videos receive, such as likes, comments, and shares. The more engagement your videos have, the more likely they are to be recommended to other viewers, leading to more views and potentially more revenue.
Content Type
Finally, the type of content you produce can also affect your earnings. Some types of content, such as tutorials or product reviews, are more likely to attract viewers who are interested in making a purchase, making them more valuable to advertisers.
How Much Money Do YouTubers Make?
The amount of money YouTubers make can vary widely depending on several factors, including the size of their audience, the type of content they produce, and the level of engagement their videos receive. Here are some general figures to give you an idea:
CPM Rates
CPM stands for “cost per mille,” or the amount of money you earn per 1,000 views. CPM rates can vary widely depending on the type of content and the location of your viewers. According to a study by Influencer Marketing Hub, the average CPM for YouTube ads in the United States is $7.60, while the global average is $2.20.
Estimated Earnings
YouTube provides an estimated earnings range for each video, based on factors such as the number of views, engagement, and ad revenue. The range is based on historical data and is meant to provide a general idea of how much money a video can earn. According to YouTube, the average earnings for a channel with 1 million subscribers is $60,000 per year.
Real-World Examples
Of course, these figures are just estimates, and many YouTubers earn more or less than the averages. Here are a few real-world examples of YouTubers and their earnings:
PewDiePie: The most subscribed YouTuber in the world, with over 110 million subscribers, PewDiePie reportedly earned $12 million in 2020 from his YouTube channel.
Ryan Kaji: At just 10 years old, Ryan Kaji is one of the highest-earning YouTubers, earning an estimated $29.5 million in 2020 from his toy review channel, Ryan’s World.
Jenna Marbles: One of the early pioneers of YouTube, Jenna Marbles reportedly earned $5.3 million in 2019 from her comedy channel.
YouTube Traffic
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.
How Much Money Can You Make From YouTube?
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.
How to become a YouTube partner
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.
How to receive views for your videos
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.
How to Increase Your YouTube Earnings
If you’re looking to increase your YouTube earnings, there are several strategies you can use. Here are some tips to help you monetize your content and boost your revenue:
1. Create High-Quality Content
The most important factor in earning money on YouTube is creating high-quality content that engages your viewers. Make sure your videos are well-produced, informative, and entertaining, and try to find a niche or angle that sets your content apart from others in your field.
2. Optimize Your Videos for SEO
To maximize your reach and earn more ad revenue, it’s important to optimize your videos for search engine optimization (SEO). This includes using relevant keywords in your titles, descriptions, and tags, as well as creating custom thumbnails and engaging titles.
3. Engage with Your Viewers
Engagement is key to building a loyal audience and increasing your revenue. Make sure to respond to comments, create a community around your content, and encourage your viewers to share and like your videos.
4. Diversify Your Income Streams
While ad revenue is a major source of income for many YouTubers, there are other ways to monetize your content as well. Consider selling merchandise, creating sponsored content, or using affiliate marketing to earn additional revenue.
Conclusion
YouTube can be a lucrative platform for content creators, but earning money requires hard work, dedication, and a bit of luck. By creating high-quality content, optimizing your videos for SEO, engaging with your viewers, and diversifying your income streams, you can increase your chances of success on the platform.
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.
FAQS Related to Making Money with YouTube
Can you make a living off YouTube?
Yes, it is possible to make a living off YouTube, but it takes time and effort to build a loyal audience and monetize your content.
How much money do you need to start a YouTube channel?
Starting a YouTube channel is free, but you may need to invest in equipment such as a camera, microphone, and editing software.
How often should you post on YouTube?
Consistency is key when it comes to building an audience on YouTube. Aim to post at least once a week, or more often if possible.
Can you make money on YouTube without ads?
Yes, there are several ways to monetize your content on YouTube besides ads, including merchandise sales, sponsored content, and affiliate marketing.
How long does it take to start earning money on YouTube?
It can take several months or even years to start earning significant money on YouTube, but with hard work and dedication, it is possible to build a successful channel over time.
