Are you thinking of
starting your YouTube channel and you're not quite sure exactly, how do you
make money on YouTube? Or maybe you already have a YouTube channel and you have
some followers and you have some subscribers and you're creating content and
your uploading videos, but you're not quite sure exactly how do you monetize
it. Today I'm going to share with you, three ways that you can earn money on
YouTube. Now the first way is probably the most common way that YouTubers earn
money and that is through
1.Google AdSense,
Now in case you don't
know what that is, it's very simple. You have to know that Google owns YouTube,
and Google, obviously you've seen those Google ads, right? Google is an
advertising platform. So, what it means is when you click on a video, remember when
you click on to watch one your favorite videos, right from your favorite
YouTubers like, Dan Lok, and you will see an ad that pops up, it's called a
pre-roll but before the video and you see little skip button right there, that
skips the ad, that's an ad. Or sometimes you see the ad on the right side or
see the ad when you click to type in a search keyword, you see the ad on the
top, that's an ad. Now an ad means that an advertiser is paying to be there. And
when you click on the ad, it means the advertiser's paying Google some kind of
money and then Google will pay us the YouTubers a small percentage of that
money for "featuring" that ad on a channel, it's that simple. Now,
the problem is with Google AdSense you need a lot of subscribers and I mean a
lot of views, to make any decent kind of money. It depends on your niche, your
topic, what your channel is about, that will affect how much advertisers are
willing to pay to run ads on those channels. So that's way number one, Google
AdSense.
2.Merchandise
Now the second way is
what I call Merchandise. I'm talking about selling mugs, tee shirts, right. Umbrellas,
things like that that has your logo on it. That maybe your fans would like to own
just a piece of that, right. They would want to buy that tee shirt, they would want
to buy the little button, they will buy whatever the little merchandise,
usually these are what I call very low ticket items. You sell them for five
bucks, 10 bucks, 20 bucks, and if you have a lot of fans, I mean like millions
of fans and for some of them they might wanna buy the tee shirt or you have a very
strong personality-brand. That the people actually love what you do and they love
what your message stands for, then you can make some money like 500 bucks, a
thousand bucks, 2,000 bucks or more on YouTube, that's perfectly fine.
3.Brand Deal
The third way is Brand
Deal, now what does that mean? It means brands, companies, they are willing to
pay you, the YouTubers, a decent amount of money or even a significant amount
of money, if you have a big YouTube channel that is the right demographics for
the brand. Now they're paying you to create what we call a Sponsorship video,
an endorsement video, where they're paying you to make a video to put on your
channel for your fans to see. Maybe it's to create some more brand awareness. Maybe
sometimes it's some kind of promotional campaign where they click on it to take
advantage of some kind of a offer or some kind of free trial, whatever that
might be. So, Brand Deal, that's another way that you can make money.
So, let's recap -
AdSense, Merchandising or Brand Deal. Now those are very common ways that
YouTubers try to make money. Make $500, a thousand dollars, 2,000 dollars. Now,
personally I don't really make money from any one of those three ways. I don't
like making money from those three ways. I make very, very little from these
three ways, however, I have made a lot of money from YouTube.
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