Turning Video Tutorials Into Virtual Income for 2024
Turning Video Tutorials Into Virtual Income
In a world where video content is everything, starting your vlog is a great way to make money online. But with no experience or training, it’s hard to know how to start a vlog and make money.
Don’t worry—we’ve got you covered!
This course shows you how to launch a profitable YouTube channel and monetize your new channel. You’ll learn everything you need to know, from finding your niche and the best ways to promote your vlog. Once your vlog starts getting views, you’ll see how to turn your viewers into subscribers, make money, and become a YouTube sensation.
Background of vlogs on YouTube
What started off as a way for vloggers to share their thoughts about topics they were passionate about eventually turned into a full-blown industry. According to Pew Research, there are more than two million vloggers, and the audience for vlogs has grown from around 200 million viewers in 2012 to over 700 million in 2017. Vloggers like Logan Paul, HJ Evelyn, Ur Mom Ashley, and Roman Atwood are some names helping to shape the industry.
Why vlogs are loved by people
Vlogs are short, informal videos posted online on platforms like YouTube. Think of them as the modern equivalent of early television (TV) shows. They allow creators to connect directly with their audiences, share their opinions, and be creative in a way that wasn’t possible before. They can be fun, entertaining, informational, and even educational.
But most importantly, they’re easy to make and easy to watch. The most popular ones out there are HJ Evelyn and UR Mom Ashley. Their videos are pure chaos and fun to watch.
Part 1: Why Can’t I Make Money Through My Vlog?
So you’ve started filming videos on YouTube vlogs, but why aren’t you making any money from them? Is it something you can change? Let’s look at some common reasons why vloggers aren’t making any income and figure out how to get around them.
Who is my target audience?
So, let’s be honest; most vloggers focus on the wrong audience. Most vloggers think they’re not making money because they haven’t figured out the right audience for their videos. But the reason why most vloggers aren’t making money is that the majority of their audience is just not interested in them. It seems strange to say it, but when it comes down to it, most vloggers they’re trying to appeal to the wrong type of people.
What problems am I solving?
It seems that more and more vloggers are doing videos today. However, so many vloggers aren’t making money because they are trying to solve problems that no one wants to hear about! Make videos on the problem many people want to know about; they will want to see what you are saying—resulting in more views and money.
What solutions am I offering? Are these solutions both financially viable for you and in line with the needs of your target audience?
The internet provides many tools and resources to help vloggers find a job or business. Youtubers provide quality content, but some fall short of providing solutions. As a vlogger, it is your job to help potential clients identify what solution you are offering. You must be able to prove your expertise. You need to see if you’re addressing the target audience’s needs.
Part 2:How To Start a Profitable Vlog YouTube Channel
It’s easy to get started on YouTube. Go to the website, set up a free account, and upload videos. But when it comes to growing a profitable vlog YouTube channel, there are some tricks to getting the best results. Here are the three things you must do to achieve the success that will bring you money.
Find your niche. (what is a niche, and how to find)
A niche is a more specific topic than your normal interests and therefore requires more thought and research. Finding a niche means narrowing down what you’re passionate about and what you’re good at and carving out a community of viewers who want what you’re offering. Once you figure out your niche, the next step is to create content that suits your niche and what you want to share.
Consistency and patience
Another thing that makes vlogging a successful business is consistency. Vloggers who put out new content every week or even every day may get a lot of views. A consistent schedule means you can produce new videos that will retain people’s interest and keep them returning for more. Also, YouTube algorithms favor timely, fresh, and well-made videos. You must be patient and wait to get the attention of YouTube’s algorithm.
Content quality
With the success of big YouTube stars like Markiplier and Casey Neistat, it’s clear that the market is for quality vlog content which is quite lucrative. YouTube’s algorithm favors videos with large numbers of views, so if you’re looking to start a profitable vlog YouTube channel, you’ll need to add quality, creativity, and useful content for viewers.
And to do that, you must try Wondershare Filmora video editing software. Let’s have an overview of WonderShare Filmora 11 and how we can create quality content using it.
This game-changing editor helps you create amazing videos by offering effects and features designed explicitly for Youtube videos.
Most importantly, it’s beginner-friendly, which makes it a must on the list.
Key features
- Ready-made Templates - Can be used as Preset
- Instant Mode - No editing skills needed
- Motion Tracking - Add moving stickers and effects on your clips
- AI and FX effects- Makes editing features smooth and increase the performance
- Auto Synchronization - Automatically matches the separate audio and video files
- Color Correction - Change colors according to you need.
Pros
- Seamless interface for beginners
- Great customer support
- Plenty of effects and preset templates
- 4K video output options
Cons
- Rendering requires too much time
- The mobile app requires separate subscription
Availability:
Download now on Windows , Mac , iOS , iPad , Android
Ratings:
4.4 Stars out 5
Price:
Starting from $19.99
Let’s assume you have created the Vlog content. Now, we want you to understand the methods of how you can earn income with vlogging.
Part 3: Common Methods of Vlogging Income
We’ve seen so much misinformation about how to make money via vlogging. This makes it hard to figure out what works and what doesn’t. There are so many ways to make money vlogging, and it takes a lot of trial and error to find what works for you. Let’s break down the main ways to make money vlogging into different categories.
YouTube Ads
Ad revenue comes from advertisers who pay to show their brand message across the top of the video. Advertisers choose which ads are displayed, so don’t let a video with few views make you think you can’t make money with your videos. The key is to monetize your content and become eligible for Youtube ads.
According to Google, a publisher (Youtuber) will get 68% of ad revenue. An advertiser’s actual rate varies, but it averages almost $0.18. That means that for every 1000 ad views, a vlogger will receive $18.
Brand Sponsorship
While the vlogger market is still young, brands are starting to recognize its enormous potential for brand recognition, building a community, and engaging with current and potential customers.
Vloggers also use their videos to demonstrate how a product should be used and answer questions about the brand, its products, and services. As well as they will often provide some insight into a product or service through creative storytelling.
Affiliate Marketing
Affiliate marketing is another form of monetization for online video bloggers. In affiliate marketing, bloggers earn commissions by referring traffic to affiliate products through affiliate links. The goal of affiliate marketing is to drive sales and build a sustainable source of revenue, whether it’s through Amazon, Google, or other platforms.
Patreon
Patreon is another option, and if done correctly, it can turn a niche blog into a revenue source, which is great for bloggers and vloggers alike. By creating a Patreon account, you are allowing people to donate money to help support your content creation. In return, you offer rewards to supporters of your channel. Rewards could include extra content, merchandise, access to private forums, or even free ebooks.
Sell your service or products
With over 1 billion monthly active users, there’s an opportunity for content creators to make money by selling their products or services. You could sell your physical products to your audience as a vlogger. The best method this can be done is by creating an online store that sells T-shirts and mugs with your branding. Make sure those products must be related to your niche or channel category. As for services, you could also offer tips on improving your life, starting an online business, or even becoming a successful Youtuber!
Part 4: Top 10 Highest-Paid Vloggers on YouTube
Vloggers on YouTube are earning some big money. From the top-earning vloggers to the most-watched channels on YouTube, we’re breaking down the ones raking in the dough.
Here are the top 10 highest paid vloggers on YouTube, according to Forbes:
Name / Channel | Net Worth ($) |
---|---|
1. MrBeast | 60 million |
2.Jake Paul | 30 million |
3. Markiplier | 35 million |
4. Rhett and Link | 20 million |
5. Unspeakable | 30 million |
6. Nastya | 20 million |
7. Ryan Kaji | 100 million |
8. Dude Perfect | 50 million |
9. Logan Paul | 245 million |
10. Preston Arsement | 20 million |
Hot FAQs on How To Start a Vlog and Make Money
1. Is daily vlogging worth it?
Yes, daily vlogs are the perfect way to establish yourself as an online expert if you think of it as a business. With the right strategy, there is no doubt that starting daily vlogs will be worthwhile for your business.
However, many vloggers have found that it isn’t easy to stick to the routine. You may start losing quality, and as a result, your daily vlogs performance degrades. This can be a frustrating experience for you, so you must consider this before embarking on a daily vlogging project.
2. What is the best topic for vlogging?
There isn’t a specific topic for vlogging. The best topics to cover on any vlog can be the vlogger’s most interesting thing of his life, what he loves doing, what makes him feel like making a difference in the community, or what he wants people to remember about the vlog. It all comes down to a person’s personality, interests, and preferences.
3. What equipment do I need to start vlogging?
With a tripod, the most basic gear to start vlogging is a camera, microphone, and computer. Vloggers typically use cameras that range from DSLRs (digital single lens reflex) to iPhones.
In addition to the gear needed to get started, there is one more item you’ll need to consider to produce quality vlogs. A video editing software that helps you convert your raw footage into eye-catching content, like Wondershare Filmora.
The Bottom Line
So, in summary, if you want to become a vlogger, you will need to figure out how to find your target audience, connect with them, and keep them interested in you. And you can do all of this through social media, advertising, and email marketing. It might be tough at first, but once you get started, you’ll be able to start generating revenue pretty quickly.
Free Download For Win 7 or later(64-bit)
Free Download For macOS 10.14 or later
Part 1: Why Can’t I Make Money Through My Vlog?
So you’ve started filming videos on YouTube vlogs, but why aren’t you making any money from them? Is it something you can change? Let’s look at some common reasons why vloggers aren’t making any income and figure out how to get around them.
Who is my target audience?
So, let’s be honest; most vloggers focus on the wrong audience. Most vloggers think they’re not making money because they haven’t figured out the right audience for their videos. But the reason why most vloggers aren’t making money is that the majority of their audience is just not interested in them. It seems strange to say it, but when it comes down to it, most vloggers they’re trying to appeal to the wrong type of people.
What problems am I solving?
It seems that more and more vloggers are doing videos today. However, so many vloggers aren’t making money because they are trying to solve problems that no one wants to hear about! Make videos on the problem many people want to know about; they will want to see what you are saying—resulting in more views and money.
What solutions am I offering? Are these solutions both financially viable for you and in line with the needs of your target audience?
The internet provides many tools and resources to help vloggers find a job or business. Youtubers provide quality content, but some fall short of providing solutions. As a vlogger, it is your job to help potential clients identify what solution you are offering. You must be able to prove your expertise. You need to see if you’re addressing the target audience’s needs.
Part 2:How To Start a Profitable Vlog YouTube Channel
It’s easy to get started on YouTube. Go to the website, set up a free account, and upload videos. But when it comes to growing a profitable vlog YouTube channel, there are some tricks to getting the best results. Here are the three things you must do to achieve the success that will bring you money.
Find your niche. (what is a niche, and how to find)
A niche is a more specific topic than your normal interests and therefore requires more thought and research. Finding a niche means narrowing down what you’re passionate about and what you’re good at and carving out a community of viewers who want what you’re offering. Once you figure out your niche, the next step is to create content that suits your niche and what you want to share.
Consistency and patience
Another thing that makes vlogging a successful business is consistency. Vloggers who put out new content every week or even every day may get a lot of views. A consistent schedule means you can produce new videos that will retain people’s interest and keep them returning for more. Also, YouTube algorithms favor timely, fresh, and well-made videos. You must be patient and wait to get the attention of YouTube’s algorithm.
Content quality
With the success of big YouTube stars like Markiplier and Casey Neistat, it’s clear that the market is for quality vlog content which is quite lucrative. YouTube’s algorithm favors videos with large numbers of views, so if you’re looking to start a profitable vlog YouTube channel, you’ll need to add quality, creativity, and useful content for viewers.
And to do that, you must try Wondershare Filmora video editing software. Let’s have an overview of WonderShare Filmora 11 and how we can create quality content using it.
This game-changing editor helps you create amazing videos by offering effects and features designed explicitly for Youtube videos.
Most importantly, it’s beginner-friendly, which makes it a must on the list.
Key features
- Ready-made Templates - Can be used as Preset
- Instant Mode - No editing skills needed
- Motion Tracking - Add moving stickers and effects on your clips
- AI and FX effects- Makes editing features smooth and increase the performance
- Auto Synchronization - Automatically matches the separate audio and video files
- Color Correction - Change colors according to you need.
Pros
- Seamless interface for beginners
- Great customer support
- Plenty of effects and preset templates
- 4K video output options
Cons
- Rendering requires too much time
- The mobile app requires separate subscription
Availability:
Download now on Windows , Mac , iOS , iPad , Android
Ratings:
4.4 Stars out 5
Price:
Starting from $19.99
Let’s assume you have created the Vlog content. Now, we want you to understand the methods of how you can earn income with vlogging.
Part 3: Common Methods of Vlogging Income
We’ve seen so much misinformation about how to make money via vlogging. This makes it hard to figure out what works and what doesn’t. There are so many ways to make money vlogging, and it takes a lot of trial and error to find what works for you. Let’s break down the main ways to make money vlogging into different categories.
YouTube Ads
Ad revenue comes from advertisers who pay to show their brand message across the top of the video. Advertisers choose which ads are displayed, so don’t let a video with few views make you think you can’t make money with your videos. The key is to monetize your content and become eligible for Youtube ads.
According to Google, a publisher (Youtuber) will get 68% of ad revenue. An advertiser’s actual rate varies, but it averages almost $0.18. That means that for every 1000 ad views, a vlogger will receive $18.
Brand Sponsorship
While the vlogger market is still young, brands are starting to recognize its enormous potential for brand recognition, building a community, and engaging with current and potential customers.
Vloggers also use their videos to demonstrate how a product should be used and answer questions about the brand, its products, and services. As well as they will often provide some insight into a product or service through creative storytelling.
Affiliate Marketing
Affiliate marketing is another form of monetization for online video bloggers. In affiliate marketing, bloggers earn commissions by referring traffic to affiliate products through affiliate links. The goal of affiliate marketing is to drive sales and build a sustainable source of revenue, whether it’s through Amazon, Google, or other platforms.
Patreon
Patreon is another option, and if done correctly, it can turn a niche blog into a revenue source, which is great for bloggers and vloggers alike. By creating a Patreon account, you are allowing people to donate money to help support your content creation. In return, you offer rewards to supporters of your channel. Rewards could include extra content, merchandise, access to private forums, or even free ebooks.
Sell your service or products
With over 1 billion monthly active users, there’s an opportunity for content creators to make money by selling their products or services. You could sell your physical products to your audience as a vlogger. The best method this can be done is by creating an online store that sells T-shirts and mugs with your branding. Make sure those products must be related to your niche or channel category. As for services, you could also offer tips on improving your life, starting an online business, or even becoming a successful Youtuber!
Part 4: Top 10 Highest-Paid Vloggers on YouTube
Vloggers on YouTube are earning some big money. From the top-earning vloggers to the most-watched channels on YouTube, we’re breaking down the ones raking in the dough.
Here are the top 10 highest paid vloggers on YouTube, according to Forbes:
Name / Channel | Net Worth ($) |
---|---|
1. MrBeast | 60 million |
2.Jake Paul | 30 million |
3. Markiplier | 35 million |
4. Rhett and Link | 20 million |
5. Unspeakable | 30 million |
6. Nastya | 20 million |
7. Ryan Kaji | 100 million |
8. Dude Perfect | 50 million |
9. Logan Paul | 245 million |
10. Preston Arsement | 20 million |
Hot FAQs on How To Start a Vlog and Make Money
1. Is daily vlogging worth it?
Yes, daily vlogs are the perfect way to establish yourself as an online expert if you think of it as a business. With the right strategy, there is no doubt that starting daily vlogs will be worthwhile for your business.
However, many vloggers have found that it isn’t easy to stick to the routine. You may start losing quality, and as a result, your daily vlogs performance degrades. This can be a frustrating experience for you, so you must consider this before embarking on a daily vlogging project.
2. What is the best topic for vlogging?
There isn’t a specific topic for vlogging. The best topics to cover on any vlog can be the vlogger’s most interesting thing of his life, what he loves doing, what makes him feel like making a difference in the community, or what he wants people to remember about the vlog. It all comes down to a person’s personality, interests, and preferences.
3. What equipment do I need to start vlogging?
With a tripod, the most basic gear to start vlogging is a camera, microphone, and computer. Vloggers typically use cameras that range from DSLRs (digital single lens reflex) to iPhones.
In addition to the gear needed to get started, there is one more item you’ll need to consider to produce quality vlogs. A video editing software that helps you convert your raw footage into eye-catching content, like Wondershare Filmora.
The Bottom Line
So, in summary, if you want to become a vlogger, you will need to figure out how to find your target audience, connect with them, and keep them interested in you. And you can do all of this through social media, advertising, and email marketing. It might be tough at first, but once you get started, you’ll be able to start generating revenue pretty quickly.
Free Download For Win 7 or later(64-bit)
Free Download For macOS 10.14 or later
How Often Can Creators Expect to Be Paid by YouTube?
Any YouTuber can earn passive income monthly if they’ve reached the YouTube Partner Programme (YPP) requirement? Yes, the YouTube Partner Program gives creators access to start generating revenue with their channel once they reach a minimum of 1,000 YouTube subscribers and 4,000 watch ours in the last twelve months.
For anyone looking to start earning passive income via YouTube, but have the question, “Does YouTube pay monthly?” The answer is YES YouTube pays monthly. However, there are other things you must know if you want to start making money from YouTube. So, in this article, we will discuss all you need to know about how often YouTube pays and other YouTube monetization tips.
Part 1: How Often Does YouTube Pay
As mentioned earlier, YouTube pays monthly. It’s usually within the first 10-14 days of a new month (10th day or 14th day of a new month). However, to be able to receive your funds, you must reach the minimum threshold of your local currency as required by YouTube. For example, $100 for content creators within the United States.
Also, you must comply with the YouTube monetization policies and not be suspended by YouTube in the past month.
Part 2: How Does YouTube Pay – Typical Methods Used
Research shows that YouTube’s average pay rate is within the range of $0.01 to $0.03 per ad view. This means for every 1,000 ad views, a YouTuber could earn $18, while for every 1,000 video views, you could earn $3 to $5. You might ask “Does YouTube pay creators per view?’ Well, the answer is NO, YouTube doesn’t pay creators per view. They pay per monetized view.
However, to get started making money per monetized views, you need to join the YouTube Partnership Program. As mentioned earlier, YouTube Partner Program (YPP) gives creators access to start generating revenue with their channel once they reach a minimum of 1,000 YouTube subscribers and 4,000 watch ours in the last twelve months. It gives creators access to different monetization features like advertising, merchandise sales, fan funding, and lots more.
● Earn Money Through Ad Views
Advertisers pay for YouTube ads based on clicks and impressions, and YouTube monetizes creators’ videos by displaying these ads in different advertising formats like pre-roll, display, etc. So, once these ads display in your video and your subscribers click on them, you get paid.
As mentioned earlier, YouTube’s average pay rate is within the range of $0.01 to $0.03 per ad view, while for every 1,000 video views, you could earn $3 to $5. But, out of the money earned, YouTube pays creators 55% and keeps the remaining 45%.
With Ads, you can earn money based on every 1,000 views get from your video and the number of clicks you get on ads placed on your video. However, for ads to be displayed on your videos, you must adhere to YouTube’s creator guidelines, as videos that contain foul language, violence, adult content, and other unwanted subjects won’t have ads displayed on them.
The image below displays the requirement to start displaying ads on your YouTube videos;
Part 3: More Opportunities To Earn More Money From YouTube
Besides ads, there are other ways to monetize your YouTube channel. You could also earn through a corporate sponsorship from brands, selling your products, etc. Keep reading to find out more ways to earn money from YouTube.
1. Affiliate Marketing
You might have come across YouTube videos where the creators talk about their favorite brands and add links to the platform for the brand. Well, that’s a form of affiliate marketing.
YouTube Affiliate marketing involves a creator reviewing a product like makeup, digital cameras, mobile phone, and lots more including services in their video. Plus, the links to the recommended product or services are usually added to the description of the video. So, once a viewer clicks on the link and purchases the product or service, the YouTuber gets a certain percentage of the money.
If you get an affiliate link to a product on a platform, you can create a video relating to that product, then in your video description, you’ll add the affiliate link there. So, when anyone purchases the product using your affiliate link, you’ll get your percentage off the price they paid. On average, companies will be willing to pay within 5% to 50% of the purchase price.
2. Brand Sponsorship
The fact YouTube is the most used video-playing platform makes it a great spot for businesses and organizations to promote their product or services. So, once you grow your YouTube subscribers to a certain level, you’ll receive emails from companies and brands to partner with you to sponsor their products or service. Honestly, there are lots of brands who will be happy to pay you to promote their products/services,
Research shows that sponsorship deals are usually within the range of $200 to over $10k. It all depends on how the brand/organization is willing to cooperate. It could be pre-roll, post-roll, etc.
Also, your YouTube channel data statistics such as total subscribers, average video impressions in the past months, likes, comments, and more are other factors that will determine how much brands will offer you to seal a sponsorship deal.
3. Selling Own Products or Services
Selling your products or services is another great way to monetize your YouTube channel. You could sell your merch, gaming tools, and other things related to the theme of the content you create for your loyal fans to purchase.
If you don’t have a product, you could charge your viewers for exclusive content, sell online courses for dropshipping, sell cryptocurrency trading e-books, etc. The only thing is you need to have a large following to earn well from this YouTube monetization option.
Part 4: More FAQs About How Much YouTubers Make
At this point, you should already have a brief idea of how YouTube monetization works. However, if you still want to discover more information, keep reading to check out more FAQs on how much YouTubers make.
1. Who is The Richest YouTuber?
The richest YouTuber as of 2021 is Mr. Beast. He has made up to $54 million in revenue from his YouTube channel.
2. Do YouTubers Get Paid Well?
The rate at which YouTubers get paid depends on certain factors like the audience they aim for, how frequently they publish the nature of their material, and lots more. As we mentioned in the article, the average pay rate on YouTube is within the range of $0.01 to $0.03 per ad view, while for every 1,000 video views, you could earn $3 to $5. Also, research shows that the highest-paying YouTube category is the “Make Money Online” category with an average CPM of $13.52.
3. How much does a YouTuber make a year?
Honestly, there’s no specific answer to how much a YouTuber makes a year. However, research shows that an average YouTuber makes up to $60,000 annually.
Final Words
As you can see, there are different ways you could monetize your YouTube channel. Be it via affiliate marketing, ads, selling products, or more. Regardless of how you want to monetize your YouTube channel, the article has covered the basics you must know to make the process easier.
Free Download For Win 7 or later(64-bit)
Free Download For macOS 10.14 or later
Part 1: How Often Does YouTube Pay
As mentioned earlier, YouTube pays monthly. It’s usually within the first 10-14 days of a new month (10th day or 14th day of a new month). However, to be able to receive your funds, you must reach the minimum threshold of your local currency as required by YouTube. For example, $100 for content creators within the United States.
Also, you must comply with the YouTube monetization policies and not be suspended by YouTube in the past month.
Part 2: How Does YouTube Pay – Typical Methods Used
Research shows that YouTube’s average pay rate is within the range of $0.01 to $0.03 per ad view. This means for every 1,000 ad views, a YouTuber could earn $18, while for every 1,000 video views, you could earn $3 to $5. You might ask “Does YouTube pay creators per view?’ Well, the answer is NO, YouTube doesn’t pay creators per view. They pay per monetized view.
However, to get started making money per monetized views, you need to join the YouTube Partnership Program. As mentioned earlier, YouTube Partner Program (YPP) gives creators access to start generating revenue with their channel once they reach a minimum of 1,000 YouTube subscribers and 4,000 watch ours in the last twelve months. It gives creators access to different monetization features like advertising, merchandise sales, fan funding, and lots more.
● Earn Money Through Ad Views
Advertisers pay for YouTube ads based on clicks and impressions, and YouTube monetizes creators’ videos by displaying these ads in different advertising formats like pre-roll, display, etc. So, once these ads display in your video and your subscribers click on them, you get paid.
As mentioned earlier, YouTube’s average pay rate is within the range of $0.01 to $0.03 per ad view, while for every 1,000 video views, you could earn $3 to $5. But, out of the money earned, YouTube pays creators 55% and keeps the remaining 45%.
With Ads, you can earn money based on every 1,000 views get from your video and the number of clicks you get on ads placed on your video. However, for ads to be displayed on your videos, you must adhere to YouTube’s creator guidelines, as videos that contain foul language, violence, adult content, and other unwanted subjects won’t have ads displayed on them.
The image below displays the requirement to start displaying ads on your YouTube videos;
Part 3: More Opportunities To Earn More Money From YouTube
Besides ads, there are other ways to monetize your YouTube channel. You could also earn through a corporate sponsorship from brands, selling your products, etc. Keep reading to find out more ways to earn money from YouTube.
1. Affiliate Marketing
You might have come across YouTube videos where the creators talk about their favorite brands and add links to the platform for the brand. Well, that’s a form of affiliate marketing.
YouTube Affiliate marketing involves a creator reviewing a product like makeup, digital cameras, mobile phone, and lots more including services in their video. Plus, the links to the recommended product or services are usually added to the description of the video. So, once a viewer clicks on the link and purchases the product or service, the YouTuber gets a certain percentage of the money.
If you get an affiliate link to a product on a platform, you can create a video relating to that product, then in your video description, you’ll add the affiliate link there. So, when anyone purchases the product using your affiliate link, you’ll get your percentage off the price they paid. On average, companies will be willing to pay within 5% to 50% of the purchase price.
2. Brand Sponsorship
The fact YouTube is the most used video-playing platform makes it a great spot for businesses and organizations to promote their product or services. So, once you grow your YouTube subscribers to a certain level, you’ll receive emails from companies and brands to partner with you to sponsor their products or service. Honestly, there are lots of brands who will be happy to pay you to promote their products/services,
Research shows that sponsorship deals are usually within the range of $200 to over $10k. It all depends on how the brand/organization is willing to cooperate. It could be pre-roll, post-roll, etc.
Also, your YouTube channel data statistics such as total subscribers, average video impressions in the past months, likes, comments, and more are other factors that will determine how much brands will offer you to seal a sponsorship deal.
3. Selling Own Products or Services
Selling your products or services is another great way to monetize your YouTube channel. You could sell your merch, gaming tools, and other things related to the theme of the content you create for your loyal fans to purchase.
If you don’t have a product, you could charge your viewers for exclusive content, sell online courses for dropshipping, sell cryptocurrency trading e-books, etc. The only thing is you need to have a large following to earn well from this YouTube monetization option.
Part 4: More FAQs About How Much YouTubers Make
At this point, you should already have a brief idea of how YouTube monetization works. However, if you still want to discover more information, keep reading to check out more FAQs on how much YouTubers make.
1. Who is The Richest YouTuber?
The richest YouTuber as of 2021 is Mr. Beast. He has made up to $54 million in revenue from his YouTube channel.
2. Do YouTubers Get Paid Well?
The rate at which YouTubers get paid depends on certain factors like the audience they aim for, how frequently they publish the nature of their material, and lots more. As we mentioned in the article, the average pay rate on YouTube is within the range of $0.01 to $0.03 per ad view, while for every 1,000 video views, you could earn $3 to $5. Also, research shows that the highest-paying YouTube category is the “Make Money Online” category with an average CPM of $13.52.
3. How much does a YouTuber make a year?
Honestly, there’s no specific answer to how much a YouTuber makes a year. However, research shows that an average YouTuber makes up to $60,000 annually.
Final Words
As you can see, there are different ways you could monetize your YouTube channel. Be it via affiliate marketing, ads, selling products, or more. Regardless of how you want to monetize your YouTube channel, the article has covered the basics you must know to make the process easier.
Free Download For Win 7 or later(64-bit)
Free Download For macOS 10.14 or later
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- Title: Turning Video Tutorials Into Virtual Income for 2024
- Author: Kenneth
- Created at : 2024-11-06 21:04:46
- Updated at : 2024-11-13 05:55:27
- Link: https://facebook-video-footage.techidaily.com/turning-video-tutorials-into-virtual-income-for-2024/
- License: This work is licensed under CC BY-NC-SA 4.0.