How to make Money from Youtube in 2018 (7 Best way to make money from Youtube)
Today, everyone wants to be a YouTuber and desires to Make Money From YouTube. It is true that there are a number of YouTubers whose daily income is in the six figures. Is it so easy to make money from Youtube? What are the ways through which one earns so much amount in a less time? Don’t think more, I will give you an overview of ways to make money from Youtube.
YouTube Partner Program:
The YouTube Partner Program lets the Video Creators to Monetize their content on YouTube. The Creators can earn money from Advertisements served on their videos and from YouTube Red subscribers watching their content.
Before starting the ways to make money from Youtube, you must be known the Requirements and New Eligibility for 2018 on Youtube.
On January 16, 2018, YouTube announced new eligibility requirements for the YouTube Partner Program. Once your channel reaches 4,000 watch hours in the previous 12 months and 1,000 subscribers, then it will be reviewed to join the YouTube Partner Program.
If you fulfil these requirements, then here are 7 most revenue generate ways to make money from Youtube:
1. Youtube Ads
2. Affiliate Marketing
3. Brand Deals
4. Merchandise / Selling Products
5. Crowdfunding / Fan Funding
6. Google AdSense
7. Sponsored Video
Let’s start one-by-one to know how these ways are functionalities. Here we Go
1. YouTube Ads:
This is the first and basic way to generate revenue through YouTube. For this you must to join the YouTube Partner Program.
There is a common question “How many views does it take to make money from YouTube”? Sometimes you get the answer that YouTube credits one dollar (approx. 67/-) per thousand (1000) views. But actually, YouTube credit money on the basis of How Much Engagement is in your video.
Now it is clear that you don’t make money based on the number of views you have. You make money from YouTube based on viewer’s Engagement with the YouTube Ads.
What is the meaning of Engagement?
Here, the viewer’s engagement means Clicking or Watching an Ad for more than 30 seconds. You can manage this engagement by using Google Adwords. Also, you can set the Ads type according to your preference.
There are mainly two types of Ads of which one you can choose for your channel or for a particular video.
Cost Per Click (CPC):You will get money when a viewer clicks anywhere on the Ads showing. These Text Ads Pop Up in the lower part of the screen during the video playing. Ads can also show up as a square on the right side of your channel.
Cost Per View (CPV):You will get money based on Ads views. But you will only pay for it if a viewer watches an Ad at least 30 seconds or half the length of the Advertisement.
2. Affiliate Marketing:
Affiliate Marketing is one of the oldest forms of Marketing. Where you can refer someone to any online product. And when that person purchases the product based on your recommendation, you will get a Commission.
Using YouTube, you can run an Affiliate Marketing. This method will let you make a large amount in a very short time. You need to choose a right product, create a video of it, and put the purchasing link in the description. Whenever any customer will click the link to purchase it, you will get the commission.
You can tie up with any brand and make videos for it. You can promote her brand or product in your all videos of 5 to 10 seconds. For this, you must have a number of subscribers on your YouTube channel. This method gives a huge sum of the amount from a brand. There are many YouTubers who are earning money using this method.
4. Merchandise / Selling Products:
You can sell products directly from advertising in your channel. Or you can launch your own merchandise for your business. For this, you need a great logo for your brand. Make an awesome logo for your brand and promote it among your huge user database. When your brand gets approval from a large user, hit the target by launching your own brand. As a result, you were running your YouTube channel and now you have your own online store.
5. Crowdfunding / Fan Funding:
This is the way to collect more amount for your channel. It happens when you really need to buy some types of equipment for video creation, for setting up your studio or to travel different places to create videos. Whether you need help to buy better equipment, hiring actors for video creation, or covering other production costs, you can request your audience for Crowdfunding. Hence, by this way, you can spread your YouTube earning.
Sometimes Fan Funding generates a large sum for you. When you create any knowledgeable or educational videos, it will be free and anyone can watch it. In the end, you can request for donating some amount to your channel to help you. Let your YouTube audience to support your work via Fan Funding. Your followers will definitely donate for it.
6. Google AdSense:
Google AdSense is a free service from Google that allows you to Monetise your YouTube channel and any or all of the videos on it. But Google agrees with you when you are agreeing to show their Advertisements in your videos.
To make money with Google AdSense simply do everything you can to increase your subscribers and engage them with your videos. As more the number of audiences, you have, more likely to view your videos. Hence a number of advertisements will run on your videos. As a result, you will make more bucks.
7. Sponsored Video:
This works great when you have an established and popular channel. You can get sponsors for your videos who will pay you to show their advertisements at the start or the end of your video. If you have a popular channel, then this is one of the best ways to make money from YouTube. At last but not the Least, there are many ways to make money from YouTube. But those are for whom who has more experience as a YouTuber.
So, tell me your favourite way of earning on YouTube.