Between 2010 and 2014, Mark and Rhea earned more than USD $1 million just from uploading videos on YouTube of their kids playing with toys. This was aided by high viewership rates of their YouTube channel “ilovemaything” with about 3 million views per day. With the most popular video already amassing 15.5 million views, the family expects to make at least USD $1.5 million in 2015 alone.
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YouTube currently has more than 1 billion users who generate billions of views of videos each day. It is the 2nd largest search engine after Google and is a powerful tool for brands to seek interest and engagement. YouTube’s power comes from the fact that it has tons of visual content which people tend to look at and share more in social media spaces.
You can set up a YouTube channel and become a user once you have a Google Account. Before you try to monetize your channel, optimize your channel with keywords and gain more viewers to create a lasting impact. The viewer experience is enhanced with appealing videos that have good picture quality. Share as much as possible on your other social media spaces and always remember to interact closely with your audience.
The main methods of earning from YouTube include monetizing with ads via the AdSense Programme, promoting affiliate products, soliciting sponsorships from related clients and using your channel as a lead generation source. Facilitating lead generation is by far the most lucrative method to earn money because you can control marketing to current and future products you personally possess.
Don’t forget to do analysis on your videos to see how well they resonate with your audience. Use the “Analytics” option in your channel menu. Check regularly to see how to adjust the types of videos you produce to impact your viewers better. Once you’ve amassed 15,000 viewing hours on your channel in the last 90 days, you can register to become a YouTube Partner. This will allow you access to more advanced content creation tools and user support.
Earning money on YouTube is possible once you’re producing good quality videos frequently that interest a viewing audience.
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