Tips to Generate Revenue using YouTube in 2020

Written By staff

If you have a smartphone, you would understand how many apps it has to offer help in spare time and boredom. Well, one of such app is named YouTube and it’s safe to say that we are all guilty of wasting our time watching videos on YouTube. As per the stats, five billion videos are being watched around the globe on daily basis which speaks everything about its popularity. According to reports, the YouTube users are spending at least 40 minutes on average on the YouTube sessions. 

With this spiking use of YouTube, people have been trying to capture the benefits out of it. For instance, the recent rollercoaster shifts in economy have led people to look for alternate money and income streams. One such stream is passive income and earning money through YouTube is now possible. To make videos on YouTube, you only need a mobile phone and a computer for some editing to polish the videos. 

If you look at the numbers, people are making millions of dollars through  Buy YouTube Likes  and one of them is Young Ryan, the Toy reviewers who has managed to earn $22 million just by playing with the toys. This means that you don’t need to be a top-notch musician or a world-renowned influencer to get started with YouTube to earn money. If you are trying to earn money through YouTube, we have managed to find out some high-end and practical tips in this article!

Monetization

If you want to earn money, having a monetized YouTube platform is a must. For the monetization, implication of affiliate link can be a good option. There are multiple channels making tutorials and how-to videos to get the audience to buy a certain product using your link. This link will tell the brands that someone bought a certain product through the channels link. This will help you earn money. 

This strategy is also being used for websites and written content but it works all the same for. However, to make people click on the affiliate links, you need build a trust level so they know about the right investment. For building trust, you need to offer help and create videos that they need and answer their questions. If you want to get started with the affiliate program, Awin and Sharesale has multiple options devised. 

Become A Partner

No, getting married for earning money on YouTube isn’t going to help you out. This is because you need to become a YouTube partner and earn through the ads. In the past couple of months, ads have become a source of revenue generation. By becoming the YouTube partner, you will be able to make sure the money generation in different ways such as using the super chat, channel memberships, and putting ads on the videos. 

Through the super chat feature, the channel owners will be able to gain information about the comments directly. But becoming the YouTube partner requires some efforts and some prerequisites have been defined in the section below;

  • Minimum of 4,000 video watch hours on channel 
  • Minimum of 1,000 subscribers gained in last twelve months 

If you are using the video manager, you will be able to see a green dollar sign with the videos that is a signal that you are eligible for the ads and monetization. 

Use Some Funding

Whenever the word funding is added to something, people automatically think about charity but no, we aren’t asking you to opt for charity for the channel. This funding will be generated through your fans. For instance, if you have a huge follower or subscriber base on YouTube, you can ask them for crowd funding the channel. 

If you want to get paid for the content, Patreon is a great way to start with and Tipee is another platform that allows the users to enjoy donations and recurring costs. This tip will also help channel owners to keep their videos up and running. 

Work on SEO

You already have a channel on YouTube and if you intend on earning through the videos, you need to work on the higher visibility. In addition, you need to optimize your YouTube channel and videos for mastering the SEO as it will improve the visibility at a great rate! 

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