Monetizing your YouTube channel is one of the easiest things to do, and yet it can get difficult. This is usually because YouTube’s monetization policies can seem scary. Before even monetizing your channel, you have to go through the strenuous process of qualifying for YouTube monetization. Once you have fulfilled all the prerequisites, you can enable monetization on your YouTube channel. Making money on YouTube is no longer exclusive to just a few people, and there are several opportunities available for people to make money daily. However, the competition is intense, and this makes it a more challenging task. We have discussed a few powerful strategies that could help you monetize your channel to its full potential.
Become a YouTube Partner
This is the most obvious and foremost way to start earning. Advertisements form a major part of the revenue of several YouTubers. When you partner with YouTube, you can make money from ads that appear before and during your videos, channel memberships, and Google AdSense banner advertisements. However, there are a few rules and guidelines that have to be adhered to before becoming a partner with YouTube.
The promotion of affiliate links is another way to earn. This is a beneficial way because whenever a viewer uses your link to buy a recommended product, you will start earning commissions. Posting affiliate links on YouTube is a good way to earn money, especially when you have established your audience’s loyalty. There are several affiliate programs that you can join in order to make more money. One of the best ways to increase your revenue is to create a blog alongside your YouTube channel and the affiliate links there too.
Funding from fans
Once you’ve built a stable and loyal fan following, you can encourage them to fund you for some of your new videos. Both profit and non-profit channels use this to fund their videos. Fan-funding with the audience helps to run their operations smoothly. If your content is exciting and entertaining, your viewers will willingly donate to watch more video content from you.
Master SEO on YouTube
This is an important point for both established content creators and those who have not built a significant following yet. This step requires you to perform a keyword search. Using high-value keywords that attract a certain audience is an excellent way to increase your revenue. You can also use these keywords in your video title, descriptions and video tags. Several apps can help you research the perfect words to optimize your revenue.
Make most of your Marketing Funnel
This is one of the fastest ways to increase your money. You can optimize your YouTube channel for sales; all you have to do is choose a niche and become a YouTube partner. After you do, you can plan your marketing funnel. This is another step in which having a blog comes handy. A blog and a YouTube channel can together contribute more to your revenue because you are collecting more email addresses. This is a good way to earn money via two outlets.
Become an Amazon influencer
This is a new program that has been launched recently that is becoming increasingly popular by the day. With the help of this program, you can maximize your social media presence in general, including your YouTube channel. This will help you make money via Amazon recommendations. After joining the program, you have to review and recommend products to your users and direct your views to purchase them. When your viewers use your affiliate link to purchase a particular product, you will receive a commission of up to 8-10%. However, this program is not open to everyone and has certain conditions before getting accepted into it.
YouTube Red Subscribers
YouTube Red, also known as YouTube premium allows you to pay a certain amount of money for an ad-free YouTube viewing. Even without ads, the content creators can still make up to 55% of revenue based on the time of streaming. YouTube Red increases CPM rates. This is a simple yet easy way to generate revenue from your YouTube channel.
Monetizing your YouTube channel is possible, but it is not easy if you only have a YouTube channel alone. You should have a blog as well. This will help generate traffic on both your accounts. With these above-mentioned ways, we hope the process of monetizing your YouTube channel will be an easier one.