Creative ways to make money on YouTube
In our increasingly digitized world, there are tons of ways to make money online. In particular, YouTube is a money-making powerhouse, attracting over 1 billion users each month.
Apart from being one of the leading social media platforms out there, YouTube is also the 2nd most used search engine online (after Google). So it should come as no surprise that there are many different ways you can use the platform to rake in some extra income.
If you're considering earning some extra cash, here are just some of the ways you can use YouTube to do so.
Offer Tutorials
One of the most common ways people gain subscribers on YouTube is by offering video-based tutorials. If you're good at something, let the world know! Whether it's makeup or math that you're teaching, there's an audience out there that's willing to learn.
Sell ; Promote Products
If you create your own products, you can use YouTube to promote and sell them. If you don't make your own products, you can also sell other people's products. Affiliate marketing is huge on YouTube, and it involves selling other people's products and earning commission through these sales.
Maximize Your SEO
SEO is key when it comes to garnering online traffic and, consequently, making money online. The more traffic you gain online, the more you can monetize off it.
The key to maximizing your SEO is mastering your keyword research. You need to be able to gauge not only what people are searching for on YouTube, but also how. What specific keywords are most commonly used?
Apart from keywords, there are 5 other ranking factors to keep in mind when it comes to maximizing your SEO on YouTube:
- Video length
- Ratio of likes to dislikes
- Number of new subscribers to your channel after watching a certain video
- Number of comments
- Click-through-rate on the search results page
Join The YouTube Partner Program (If Eligible)
The YouTube Partner Program is a program that allows creators to monetize off their videos. It is available in a number of countries which can be found here.
To be eligible, you'll need to have over 1,000 subscribers, as well as over 4,000 public watch hours in the last year. You'll also need an AdSense account in order to get paid.