What's going on guys? My name is Marissa, and in today's video I'm going to be
talking about YouTube passive income and ways that you could realistically make
1,000+ dollars per month in 2020, and as long as YouTube exists.
Before we get into any detail of the video, I will say that passive income is
going to cost you one of two things, and that is either time or money. I've said
many times on the channel that passive income is not just one click of a button
or switch, light switch, and money just starts raining from the ceiling. And you
don't just make money automatically while you sleep, it's going to take one
of the two resources. And so the reason why I'm telling you about YouTube, and
it's a passive income magnet, is because YouTube is a free resource in place to
get started with creating your passive income machine, but it is definitely
going to take you a lot of time. So I promise, here's what I'm not going to
talk about in this video, I won't tell you to build a dropshipping Shopify store
and dropship products from China, and outsource a team, and hire the
this amount of people and make 98 thousand dollars per month, no, because
realistically that's probably the worst idea you could have when it comes to
building passive income. Because I want to kind of switch the mindset around
passive income, you should think of it more as automated income because up
front it's going to take some work to get the system going, but then you could
automate this passive income or automated income source without human
interaction. That's the whole idea. And so let's talk about the three-step formula
for passive income on YouTube. Okay, so the first step in the three-step formula
is to create a youtube video, to put a youtube video on your channel. The second
step is to create passive views on those YouTube videos, right? So now the third
step is to think of a way that you can make money from these YouTube videos
that are receiving passive views. Now, I've gone over in several videos on my
channel, how to start a YouTube channel from complete scratch. I'll actually
leave that link up here. I have a video where I go over
step-by-step how to start a YouTube channel if you have not even a YouTube
channel profile, and I also talked in several videos about the best way to
create YouTube videos, how to script a video, and I even go over in another
example how you could create YouTube videos without getting in front of the
camera and creating your own content. Yes, there are ways to do it. So I will leave
those links in the description for you to check out as a resource later. And so
I did want to say before we into the ways of making money with these passive
views on your YouTube channel is that if you are interested in video editing for
your YouTube channel, I highly recommend clicking the link below because the team
that I work with for my video editing services offers a free 30-minute call
about video editing, about starting your online business on YouTube, it's a really
really helpful call so I definitely suggest checking out the 30 minute free
consultation link after this video. Alright, so let's get started with talking
about that number 3 step in that three-step passive income formula which
is ways to make passive income, or ways to make money, automated income, whatever
you want to call it, and the first way is with merchandise. So there's a couple of
ways to do this on your YouTube channel, the first way is if you have 10,000
subscribers on your channel, which I know sounds like a lot like a lot, but trust
me if you're consistent with posting on your channel you'll get there in no time.
And so if you have 10,000 subscribers you can have a merchandise store through
teespring, and you can basically connect it to your YouTube channel so all the
videos that you post, you can say whether or not you want your merchandise to show
below the channel. So you can have your brand logo, you can have different quotes
on shirts, any products that teespring offers, I can't remember everything they
offer, but whatever they have, like a t-shirt, a hoodie, another
piece of clothing, you can put your logo or whatever you want on those pieces of
clothing and sell them as merchandise on your channel. And the other way
is if you wanted to have an e-commerce store, for example, or you already have an
online store, you can definitely promote that in your YouTube channel, in the
links in the description, for example, I have a friend who has an e-commerce store
on Etsy, but she definitely puts her Etsy store and her Etsy links on her YouTube
channel that she has, where she teaches about e-commerce on her YouTube channel.
She's able to send even more traffic to her Etsy store by promoting it on her
YouTube channel, and so between between the traffic that she's getting from
YouTube and the traffic that she's getting from Etsy, she's making between
$500 to $1500 a day, so that's well over $1000 per month that
she's making from selling that merchandise on her store. Okay, so the
second way to make passive income on YouTube is with patreon. So what exactly
is patreon? It is a website you can set up where people pay a monthly
subscription or monthly fee to get extra content from you. So that could be behind
the scenes on whatever you're doing, so maybe you have a
YouTube channel about how to be a chef, or chef recipes or whatever, so
maybe if you came out with a patreon link, you could give your subscribers to
your patreon extra recipes per month, you can give them a video on how to make
your favorite whatever types of meals in under 10 minutes. It's just
extra content benefit from your viewers so that they can build a stronger
relationship with you and get more value from your content. So if you charge
20 bucks a month for each patreon member, that is passive income coming in
through your YouTube channel. So I have some good friends, they're called, they
have a youtube channel called Deanna and Phil, and so they provide their patreon
members with all kinds of goodies. It is really cool, you can check out an example
of their patreon. You'll see in their videos they shout out their patreon, and
they actually have different levels of members, so they have
like a $7 a month, $20, and different levels include different perks
in their patreon, so that's really cool. Alright, so the third
way to create YouTube passive income is with a cosmetic line. I know you're
probably like "What the f?" But it's true! The reason why I bring this up is
because you can sell cosmetics, you can sell physical products, whatever type of
online business, start going back to that first example with the merch and the
store on Etsy, you can sell literally anything you want, and the reason I bring
this up is because one of what the youtubers that I watch once in
a while, Geoffrey Starr, his YouTube channel is so
bingeable, he is a self-made multi-millionaire and it's really
impressive what he does. He has a following of over 17 million subscribers
on his channel, and how he makes his millions is with his cosmetic line. Like
he literally started from bankruptcy, from the ground up, taught himself how to
be a CEO and within six years from his bankruptcy created this mega
wealth through his cosmetic line, but that goes to show the power of what
his YouTube channel is doing to create some massive millions of dollars worth
of passive income every single month because he has a whole company set up on
his channel so whenever he releases a new pallet or new brushes, whatever his
products are, I mean his new pallets, they sell out within hours of him
releasing his new cosmetic products, so that cannot go unnoticed if you are in
that industry, or some other type of big physical product industry, it is definitely
possible to create that passive income with your channel. And having, again, those
passive views, you make one video and it keeps doing all the work
for you. It's kind of like you do the upfront work and do the upfront cost, if
you will, because it'll cost you your time and you record it and post it and forget it,
and that video is going to continue to bring you passive views, and as long as
you have an offer, it'll continue to bring you passive income as long as it's
on the internet. So the next way to create major passive income on YouTube
is with affiliate marketing, and so I bring this
up because this is something I do to create at least a thousand, well actually
well over a thousand dollars per month, with affiliate links, I probably have
hundreds of affiliate links posted on the internet and on YouTube and
so affiliate marketing is just connecting a buyer to a product that is
not yours through your affiliate link, and when they purchase and make the sale
you get a commission so there's so many levels to it.
I love promoting business tools and I love promoting higher ticket products, so
different digital products that will give me $1,000 commission, for example. So
high ticket means the price point of that product is two thousand dollars or
more, there are so many things you can promote, people are making a killing off
of Amazon doing tech reviews of different cameras, different electronics,
and so the list goes on and on, and when you put these affiliate links
on your YouTube videos it is truly 100% passive income because you don't have to
do any fulfillment and you're just, literally, the middleman connecting the
buyer to the seller. And so the other day, for example, I was snowboarding in
Flagstaff Arizona just taking my time, going down the mountain, and then
when I stopped at the bottom of the mountain I received a
notification on my text message that said you've received $400- and I forgot
the amount- four hundred and something dollars, and I'm like "Oh, awesome, I
just made money while snowboarding," and so that truly is the power of affiliate
links and affiliate marketing with YouTube and those passive views, once you
get that set up on your channel. And so if you guys really are serious about
creating a wildly profitable business on YouTube, I highly recommend you download
my subscribers to sales blueprint which walks you through six steps on how
exactly to do so. It'll be the first link in the description below. Alright, so the
next way to make passive income on YouTube is with creating your own
digital product. Now, I love this way. This is truly passive income once you take
the time to create the product, usually it's in a video format, and you can
provide different tools, worksheets, and templates
to go with your digital product, and it's really teaching somebody what your
expertise is. It doesn't have to be complicated, if there's something that
people ask you how to do all the time, create a product around it and sell it.
See if you can sell it for $47, for $97, the
more value you pack, the more testimonials you get, the more reviews
you get on your digital product, you can easily increase the price, add
more value, and deliver more to your students who take that course. It is
really, really an excellent way, I mean I know multimillionaires just from one
product that they created and that they are scaling to the moon, and so it really
is a beautiful thing. The digital education industry is really taking the
industry by storm, it'll be a billion dollar per day
industry by 2025, so hop in there and take advantage of getting some of that
money in passive income. The next way to create passive income from your YouTube
channel is by traveling. Now why do I bring this up? You're probably thinking
"What do you mean traveling?" There's a lot of creators out there that are
influencers and they travel for a living. I know a creator named Lost LeBlanc,
I met him when I was living in Bali, back when my channel was pretty small. His
channels name is Lost LeBlanc, but his name is Christian, he has over a million
subscribers, but he literally pays for nothing. I mean people, brands, companies,
companies that have to do with travel, hotels, flights, you name it, he gets
everything paid for because his channel is about traveling and traveling tips,
and I remember he always talks about, in the beginning, how he started with
a couple of hundred dollars and his GoPro, and he had no idea how to edit and
so he literally started from ground zero and built this massive following, and his
videos got so good and so now everyone wants him to promote their
travel offer, their hotel, their destinations, whatever it is that has to do with
travel. So it's technically not passive income, but if you are living with all
your travel and living expenses are paid for, that can add up to thousands of
dollars per month and so that is a strategy that a lot of people in the
travel industry, I mean, there's also a creator couple called Kara and Nate,
they just crossed a million subscribers and the same thing, they are well
recognized in the industry, they started from zero, and they get everything
sponsored and paid for. If you guys are enjoying this video, give it a big thumbs
up and if you haven't already, what are you waiting for? Go ahead and smash that
subscribe button, hit the notification bell for videos just like this one, and
so that leads me to my next point about YouTube passive income, and that is with
Google Adsense revenue. I definitely can't forget to mention that there is a
creator I recently found online, it is an older gentleman, his name is Scotty
Kilmer and he has a YouTube channel about cars, he gives his opinion about
all different types of cars, how to fix things, and he does all his videos in his
garage, or in one of his rooms in his house, I don't remember, but he's pumping
out content like crazy. It's really cool, he's just, he's created his channel about
something that he loves, and his expertise about cars. And so just with a
quick calculation of what I know about Google ad revenue, what I make with
Google ad revenue, I'm estimating that he makes at least five million dollars per
year with Google ad revenue, and so that is insane to me. He's got, I
think, three million subscribers, but yeah. It is really, really cool, and so with my
own personal Google Adsense revenue, it's definitely nowhere near that level but
I'm pulling in anywhere from $7,000 to a little over
$9,000 per month. Google Adsense is kind of like the stock market,
it's unpredictable, it's always up and down and you can't control it,
but you love it, it's money that you're making from producing
content on your channel that you were going to do anyway. And so there's definitely
ways to monetize your channel faster and increase your CPM, which is
the amount of money you get paid per thousand views, and I talked about it in
this video here, where I talked about how how much YouTube paid me for a video
that has half a million views, so I will leave that right here, and in the link in the
description, so you guys can check that out later to learn more about Google
Adsense and the whole monetization process on youtube. By now you should
definitely have a good grasp on how YouTube is a passive income playground,
right? And so if you're enjoying this video, I guarantee you are going to
like this video right here which is about how much I make on my seventy-five
thousand subscriber youtube channel so that video starts right now. What is
going on everyone? My name is Marissa, and in this video I'm gonna talk about how
much I earn with a youtube channel that has 75,000 subscribers.