Make Money on YouTube - the 2 best ways
Making money online using YouTube is a GREAT option because anyone can do it, and you can get started right now.
I'll show you here:
There are 2 good ways to make money with YouTube which I will share with you here, along with practical tips about how to make great videos, so that you can start making money on YouTube quickly.
The Top Earners On YouTube
The highest earner on YouTube right now made $24,000,000 last year in 2022 (yes, that's twenty four MILLION!) a year...
His name is Jimmy Donaldson, known on YouTube as Mr Beast. He gives back a lot, which I love.
Here's one of his videos:
I'll show you here:
- How much money can you make with YouTube and how do you earn?
- Who the top earners are on YouTube, what they earn and what kind of video content they make
- How to find a good niche subject to make videos about
- My 4 tops tips for YouTube success
- How to create your own YouTube channel
- And much more!
There are 2 good ways to make money with YouTube which I will share with you here, along with practical tips about how to make great videos, so that you can start making money on YouTube quickly.
The Top Earners On YouTube
The highest earner on YouTube right now made $24,000,000 last year in 2022 (yes, that's twenty four MILLION!) a year...
His name is Jimmy Donaldson, known on YouTube as Mr Beast. He gives back a lot, which I love.
Here's one of his videos:
Here's another one of YouTube's top earners, Jeffree Star who specializes in music and make up tutorials:
Next top earner is a bunch of guys having fun, called Dude Perfect. This is one of their videos, at the time of writing this, it has had over 535 million views!!
I'm sure most people would be happy earning a few 1000 a month, and of course that's a more realistic target for most of us. You can make some extra income using YouTube (say a few hundred a month to a few thousand) right up to serious incomes - $10,000 a month and upwards. Before we look at how to earn let's look at what others (not top earners) are doing on YouTube:
2 Examples of Popular YouTube Channels
Here's a YouTube channel that has over 80 million subscribers, all about making 5 minute crafts: Check it out (opens in a new window).
And this one is all about applying make-up: Click here
There are lots of channels like these - they are by no means the most successful channels but they are definitely doing brilliantly and will be making an extremely good income.
So, how exactly do you earn using YouTube?
1. You can become a YouTube partner and make money from the adverts YouTube place on or next to your videos.
Adverts. This is one way you can earn from YouTube.
If you watched the videos above, you will have seen they started with an advert or two. The person who makes the video gets a share of the advertising revenue. I find the ads quite annoying - they used to be on select videos, now all of a sudden they are on all videos. I just want to watch the video, not ads!!
Realistically, you will not make much money unless your video gets a ton of views - I'm talking up in the 100,000's or millions.
Don't worry though, it's possible to achieve this.
The reason I know this is simply from looking at the people who have done this - ordinary people with no experience who simply uploaded a video for family and friends to watch... and it caught people's imagination, everyone started sharing it... and it goes viral, sometimes overnight!
EXAMPLE:
Have you heard a a video called 'Charlie bit my finger'? That was a video that a family sent to their relatives in another country so they could see their grandkids on the video. The baby bit his older sibling on the video. Simple as that. It went viral and made the family a lot of money.
However, you don't want to have to wait to hit that golden ticket of a viral video before you start earning do you? So, here's the second way to earn, I prefer this one:
2. You can make money with YouTube by selling a product or service or ebook.
The second way to earn using YouTube is by selling something. I'll explain how this works.
There are lots of people on YouTube videos who have a passion or skill - maybe it's for exercise or doing make up or for all things tecchy or for DIY or maybe it's doing bike stunts. Or crafts. Or sharing relationship tips. The list is endless.
They make videos about 'how to do xyz' and get tons of views if the info is great - or sometimes people just like their style or personality.
YOU THEN MAKE MONEY AS FOLLOWS:
SELL A PRODUCT
To make money you simply need to put a link at the end of your video and in the description below the video to what you are selling. So, for example, the link could lead to your Instagram or Facebook page or Etsy page or your website etc.
Let's say you make videos about crafts. You could link to your own website or Facebook page where you have crafting items for sale. Or you could link to an affiliate product about how to earn making crafts.
Or maybe you share health tips in your videos and you can then link to health products you sell (you could join a health product company that allows you to be an affiliate). I have a separate page all about affiliate marketing - go here.
SELL A SERVICE
OR let's say you are an interior designer and your videos are about sharing design tips - people may then want to hire you to do their interior design.
SELL AN EBOOK
You could create your own ebook or promore an affiliate ebook that is relevant for your audience. Let's say you make videos about your vegan recipes. Find an affiliate product that is all about vegan recipes or facts and promote that via a link on and under your video.
To really make money with YouTube you need to rank high not only within YouTube but also on Google search results.
You also need to understand what a niche is and how to find a profitable niche before you start making videos. And make sure you know all about keywords and their importance.
Check this out for how to find a profitable niche, what keywords to use (very important), and how to rank fast.
My 4 Top Tips for YouTube success
TOP TIP 1:
It's important to upload new video content regularly. Commit to how many videos you will upload a week (even one is fine, but 7 is even better!) Be consistent. It's amazing how effective it can be when you do a small amount on a regular basis, it can really snowball.
TOP TIP 2:
Make your videos 7-15 minutes long as these apparently perform best.
TOP TIP 3:
Get your keywords into the start of your title and scatter them a few times through your description.
TOP TIPS 4:
Create great thumbnails for each video as these show up in search results and become a mini-advert for your video. Study what stands out on YouTube and emulate.
Have your own YouTube channel & how to create it
I have always used channels for my videos, and there are a number of benefits.
I recommend you create a YouTube channel for yourself and then people can see all your videos easily in one place.
- You can name your channel (make it relevant and memorable) and create some graphics for it too.
- For example you could have a channel about how to fix cars and another channel for golfing tips.
- Or have one channel for cosmetics tips and another for dog training tips.
That way you won't confuse your audience and you are seen to be an expert in your field. The video below walks you through how to set up your YouTube channel in the best way.
I hope you can see from the information I have shared here that making money using YouTube is possible for just about anyone with basic internet skills.
I have mentioned affiliate products on this page - here's my affiliate marketing section if you want to learn more about how this works.
If you want to source products to sell check this out.
I share lots more ways to make money online on my home page - go there now.