Hey, do you know you can make a lot of money on YouTube?. We know YouTube is the second largest search engine in the world. It has millions of active users. Why don’t we take advantage of this crowded place to make money in our pocket?. I am a YouTuber and I have a good and successful experience with what I am going to say here.

Many people are already making a huge living out of YouTube by using the platform with creative and effective money-making ideas. Here we gathered 6 easy and working ideas to make the most out of YouTube and to earn more money from it.

Ways to Make Money on YouTube

Before talking about the best ways to make money on YouTube, I split these into two. The first is directly monetizing YouTube videos and the second is using it as a platform to drive traffic to somewhere which can be converted into revenue. So, let’s get started.

1. Google Ads

The initial step to making money on YouTube is to join their YouTube Partner program. This is how regular YouTubers get their basic youtube earnings. This means you can monetize your videos via Google Adsense. It’s that simple. An average YouTube channel with a good number of views earns more than $3000 per month just with Google Ads and this is not a limited figure.

When your YouTube channel gets monetized, Youtube will automatically place pre-roll, display, and other ad formats on your videos. They pay you for the per ad based on clicks and impressions. Here YouTube gives the content creator 55% of this ad revenue and takes 45% for itself.

To get qualified for the YouTube Partner Program, the content creators must have at least 1,000 subscribers and 4,000 hours watch time in the last 365 days period. Overall, using Google Adsense, you can earn a good sum of money from YouTube.

Also Read :- How to Make Money on Facebook – 5 Smart Ways

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Another question is, can we make money on YouTube without Adsense?. My answer here is a big YES, following are the other methods to do so.

2. Affiliate Marketing

Affiliate Marketing is one of the best and easy ways to make money on YouTube. You simply have to add some relevant affiliate links in your YouTube videos to generate sales.

Affiliate marketing is simply a marketing method in which you promote other company’s products and make a commission for each sale or service you generate. The best idea is to make a product review video, add your affiliate link to the description of that video then you are good to go. If your review is convincing enough to influence visitors, the possibility to get sales through your affiliate link is high. Thus more revenue is generated.

There are many affiliate marketing programs out there, simply do a little research and you are good to go. If you are promoting products, I would highly recommend you join BlindlyShop Refer & Earn Program. They have a very great referral program with high commission rates. What I love here is that Blindlyshop sells products globally, which means that anyone from anywhere in this world can buy items from their online store using our affiliate links. Moreover, they provide an advantage for both you and the person who buys it. This increases the possibility of getting a high purchase rate, thus earning more money.

3. Brand Sponsorship

Brand Sponsorship means a company gives you money to promote their brand or product inside your YouTube video. This is also known as influencer marketing. Does this seem to be exciting?. This is the main source of income for many successful YouTubers around the world.

Remember that no brands would give you money without getting anything in return. If your YouTube channel has very few subscribers or views, or you are not a social influencer, the chances of getting brand sponsorship are pretty low. However, you can send an email to different companies asking for youtube sponsorship or contact some influencer marketing companies.

Many people asked me how to get sponsored on youtube. Here I suggest you first focus more on building your YouTube channel to a higher level. When your channel becomes more popular, brands will come to you with a very high promotion budget. Then you should make an influencer marketing strategy to effectively market their brands or products through your YouTube channel.

Also Read :- Make Money Online: 10 Best Ways for Beginners

4. Place Banners on your Videos

Another idea to make money on YouTube is by placing banners on videos. Many companies love to place their brand name on the top of related YouTube videos to gain more exposure towards them. This is an opportunity for us.

You can send an email to different brands saying you can place their ad banners on your videos for a fixed rate. But first, make sure that your videos are getting enough views, else this does not work out. If you already own a YouTube channel with good viewership, you try this out starting from today.

5. Drive traffic to your website

YouTube is a great platform where you can drive a huge amount of traffic into your website. This method won’t directly pay you money, however, you can use this traffic to make more money through your website.

Nowadays most YouTubers already have their associated websites. It may be an online store or simply a blog website. If it is an online store, you can easily increase your sales rate. This indirect strategy can help you to make money on YouTube without Adsense.

6. Donations

Many YouTubers do fan-funding by asking for donations from their viewers. Usually asking donations are common on charity niche but applies to other niches as well.

If you create something outstanding, funny, and nice that your audience love, you can ask for donations in return to keep your project going. Most people won’t hesitate to buy you a coffee by leaving a small donation behind. The easiest method to collect donations is by adding your PayPal link in the description area. Again I am saying that this is a great way to make money on YouTube.

Closing Words

In conclusion, you can try everything above to get the most out of YouTube and to make more money. If you know more ideas others than this, simply comment down below.

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