making money on YouTube in 2018 going to talk about how a small YouTube channel
can still be profitable in 2018 so stay tuned people ask me you know Patrick do
you really make any money off of youtube is it even is it still viable can I
start a YouTube channel today and make money tomorrow it's really a hard thing
to say but if you want to get into the specifics let's talk about it really
quickly so my channel has 14585 subscribers if you look at my history if
you look at where we came from where we're going look at let's look at the
subscribers here so I started this channel back in March of last year I
really didn't get serious about it if you want to call it serious I didn't
really get serious until May June you can see kind of you know May June was
kind of when I started piqued up a little bit better but you can see kind
of how many subscribers I've gained since then and where we come from but
I'm sure the reason most of you guys are watching this video is you want to see
how much money do I make with a small youtube channel well you know 14,000
subscribers is that still small it's a small Channel we'll call it a small
Channel and one of the things that I have going for me compared to a lot of
other channels is my watch time so my watch time is really high and watch time
is very important YouTube values watch time watch time is the king of YouTube
that's the biggest thing here people talk about you know subscribers talk
about views all different stuff it doesn't matter the biggest biggest most
important step you could focus on with your videos on YouTube is watch time so
I have five million three hundred and thirty eight thousand minutes of watch
time so that's people actually watching my videos people watching my videos
continuously and that's what YouTube rewards because they want people to stay
on YouTube and has some nice little spikes a lot of these big spikes are
from when I'm you so a lot of these big spikes are from when I'm alive streaming
so if I'm live for an hour so obviously the wash line goes way up but you know
normally most of my videos get three four or five minutes of watch time and
then the big drumroll here how much did I make in 2017 with YouTube so here
we go currently I've made $8,000 with YouTube
and I know people are like how is that possible how did you make $8,000 but
such a small channel well the important thing to remember here is CPM watch time
CPM all that fun stuff is important it's all big algorithm YouTube rewards like I
said videos that have high interaction and high watch time so if you want to
look at 2017 last few filled in 17 I made $7,000 so that's pretty pretty good
I feel like so that's pretty good starting this channel starting this
channel you know really the middle of last year growing it slowly you can see
you know at one point I was being a three four or five dollars a day nothing
too crazy some of those spikes are $20 some of these spikes $25 but then by the
end of the year once I increase my views once I increase my videos once I kind of
figured out what I was doing with YouTube you can see the spike here I
made a hundred and two dollars in one day one day 102 dollars from YouTube I
think that was the day that I talked about G Dax so you can see some of my
top grossing videos right here review on shirt Raider
I got a G Dax video hundred sixty-two dollars so the videos that make the most
money are normally instructional videos not actually my videos of me trading but
more videos me talking about what's relevant at a time what news is hot so
if you're going to start a channel about anything you need to make sure that what
you're talking about is relevant with the time so something is happening in
the world try to figure out how you can talk about that in your video and
explain you know what's going on so if you make videos about cars and there's a
new car coming out that's a good time to talk about that car on your channel
people are on YouTube people are on Google looking for what's new we're
looking for what news is out there your video will pop up and your video will be
more relevant so the more relevant your video is to what's going on with the
overall world what news is out there the more interaction you're gonna get so
making $7000 in 2017 by just making videos posting them one or two videos a
day I'm already trading anyways I know a lot
of people are gonna be like he made $7,000 he can't live on that song you
can't live on a $7,000 but you gotta understand
where the trajectory is going so you know when I first started this was
making ten twenty thirty dollars a day so now you can see here in January feels
19 I'm making fifty forty dollars a day sometimes ninety dollars so I'm still
not gonna go to live off that I'm not gonna quit my day job but the same time
it is increasing so what happens in 2019 well I'll be making 200 to 300 hours a
day we'll see what happens if this channel keeps growing people keep
watching my videos and we'll see what happens if you look at the CBM here this
is the interesting thing a lot of people don't understand is my CPM is $13
sometimes it spikes even higher depending on the video but you can see
depending on the video let's look at the CPM so some of these CPM is $21 on this
video for my 2018 goals I get higher CPM depending on watch time and all the
relevancy what's going on with the video so my videos talk about financial
investing day trading stuff like that so I get rewarded with better ads so if I
made videos about Pokemon I wouldn't get that great of ads so I wouldn't get that
great of CPM create videos that there's a need because YouTube is going to
reward you for creating videos that are relevant and videos that people are
searching for there is a need for videos content YouTube is a Content monster and
when I say that basically YouTube has to fill ads people are paying for ads on
YouTube and YouTube has to put these ads on videos but they're only gonna put the
ads on videos that are getting watch they're only gonna put ads on videos
that have high retention because those ads the longer people are staring at
that video the better those ads are performing or people clicking on the ads
and all that stuff it's really important to think about that you need to think
about YouTube as a business what is YouTube doing they're fulfilling ads for
companies that want to be on high quality video so if you're creating
videos that are very fast there's not much retention there's not much
information then you won't get that good of that so you need to really focus on
creating videos that have high quality content that people are actually
consuming and then you'll get better ads you'll get better interaction better
wash and that's all very important so right
now for January I've made $1,000 you can see I have a nice little spike back here
kind of twin the one off here my videos haven't been that good lately I guess so
in the last couple weeks I've been talking a lot about cryptocurrency stuff
like that so that's getting a lot more action than some other videos and you
can see some of my top grossing videos really aren't the videos that I post
daily but more so are some of the videos that I posted months ago and those
videos are still getting money for me so I posted this video right here back in
2017 November 4 14th and so far this month I made $45 off this video so I
made that video back in November had a big spike if you look at this video here
let's look back here the lifetime of this video it's very interesting because
it actually kind of just didn't do anything at first you know had a little
bit of a spike didn't do much and then BOOM BOOM BOOM
look at this now we're making $8 a day out of nowhere a month later so one
month later this went up so that was all about relevancy people were searching
for how to use GDX and I had that video so I was serving those people you need
to make videos void to fill that need so if you know people are gonna be looking
into a certain thing people are gonna be researching Bitcoin boom that's the time
to making videos that people are gonna be researching how to do this or that
that if you want to address that you need to be answering questions you don't
want to just make videos that you think people want to watch you need to make
videos that you know people are searching for you need to figure out
what people are searching for what's hot at a time what's the big news in
whatever industry you're working in or whatever you're talking about on your
channel really create videos to fill that need fill the need don't just make
videos that you think are good but make videos that fill the need the search
people are gonna watch your videos when you're fulfilling their needs so that's
the goal we're content creators by the same time we're trying to fill the need
for the viewer the viewer needs to feel like they're getting some kind of reward
for watching your video and the better the reward the longer they're going to
watch hopefully you guys are still watching this video because if you are
that means I'm creating content that rewards the viewer so hopefully you guys
are still watching so in 2018 is it still profitable to be
a youtuber I think it is now it takes a lot of work
it takes time it takes you know planning it takes all this stuff to really focus
on but overall if you really dive in if you work hard I think you can still make
a decent amount of money in the future now the big thing to remember here is
that it took time you know it took a couple months where I was making twenty
thirty forty dollars a month and I was like oh this is cool awesome but it
wasn't until six months later that I started to make more money so obviously
the more views the more watch time the more money you're gonna make but it just
takes time and you can see here this is pretty much my revenue chart it looks a
lot like a stock chart but you can see this thing's it's trending higher you
know we're getting higher lows higher lows it's moving up there so I had some
big spikes up there the hundred dollar range you know right now we're down to
fifty dollar range so hopefully you know going into the beginning of the year I
can make some better videos so if you guys have any ideas for videos that you
want me to make leave a comment below I'll try to make those videos to help
you guys but you can see kind of where the money is coming from a lot of that's
coming from the United States a little bit from Canada a little bit from UK but
overall a lot of my viewers are in the US a lot of the viewers are watching
from the US that's where the money is coming from and you can just kind of
look at the CPM some of the CPM here are pretty wild so some you know sixteen
dollar CPM on that video we got 10 2016 $8 so it really depends on the content
it depends on the video but the important thing is to create content
that people are searching for and that's how you're going to get more views so
creating content that's relevant with what's going on with the news is also
going to help so whatever industry you work in or whatever industry you're
making videos about focus on what's hot at the time what people are really into
don't just make videos about hey I like Pokemon because I like this kind of
Pokemon but focus on hey maybe this is the real big Pokemon right now I'm
talking about that book it's never too late to get started with YouTube I wish
I would have started two or three years ago obviously because I would be a lot
bigger channel by now but it'll be a lot easier but I'm still growing it's still
growing I'm making a little bit of money it's fun the live streams are fun we'll
see what happens going into the future hopefully people keep watching my videos
that's the goal here but the big thing we're here is to really focus on what's
going on in the news what's hot at the time and in creating content around
so there it is my take on how to create a successful and profitable YouTube in
2018 is still possible so get out there today start at YouTube right now figure
out whatever you want to talk about it can be anything there's somebody out
there that's searching for information about whatever you're passionate about
make a video if you're passionate about underwater basket-weaving
start making videos today and growing your channel talk to you guys later