- Is it possible to make money on YouTube
if you're just starting out?
- The answer is yes.
And in this video, we're gonna be talking about
the five best ways coming up.
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- Hey what's up, Sean here.
- Benji here.
- And this is Video Influencers, helping you build
your influence, income and impact with online video.
- And on this channel we have weekly tips videos
as well as interviews with some of the top influencers
on this platform so if you're new here,
consider subscribing.
- Brazilian Girl asks, could you guys talk a little bit
more about monetization and Love Daring Greatly
also said, monetizing and we know, a lot of you
in the influencers community wanna hear about
this topic so let's get into the tips.
- The first way to make money on YouTube of course
is AdSense, those ads that play during the videos,
at the beginning of the videos and the ads
that show up on the side.
Now it's not our favorite way to make money
because you know, it takes a lot of views to make
significant income with this strategy.
- Plus, you've probably heard of the recent policy change
that now makes it even harder for creators to get
their channel approved for monetization.
You actually need a thousand subscribers
and 4,000 hours of watch time every 12 months
to be eligible for monetization.
So if you haven't reached that goal yet,
don't worry because there are a lot better ways
to earn income with YouTube and let's jump into number two.
- The second way to be making money on YouTube
and we believe is is the best for beginners
is affiliate marketing.
This is such a great way to take use of YouTube
and be making money very quickly if you do this correctly.
- I remember when I started on YouTube,
YouTube ads, monetization, number one,
wasn't generating that much income,
maybe five dollars a month but from doing
affiliate marketing, that grew to 10 dollars
a month, 50 dollars a month, even 250 dollars a month
on my channel, Sean Thinks and you know what
this is like is where, maybe you do
a product review video, a tutorial video
and you share something in your video and then
you link to the product in the description
but that link is an affiliate link and Amazon
is the most popular program to sign up for,
it's called Amazon Associates and then whatever
you talk about about in your videos,
you link to in the description, if someone clicks
that link and makes a purchase, you get a commission.
- Two more reasons why I love this technique.
Number one, if you get one view and that person
is sold on the product you're recommending,
you can literally be making income from that one person.
Secondly, the evergreen opportunity here.
What that means is if this video has products
that are relevant for a long period of time
you could be making income for years after you upload
and if you stack all those videos, it could be significant
income down the road.
- Absolutely and if you actually wanna check out more
training on affiliate marketing, we have a whole series out
so we'll post it on the YouTube card and in the description
below and let us know in the comments,
have you tried affiliate marketing yet?
- Third way we suggest making money on YouTube
is freelancing and business services.
- You have to remember, YouTube is a marathon
and not a sprint.
So early on you probably won't be earning
that much income and so freelancing
is a great way to build your income on the side.
This is how I got my start because I had studied
SEO, I had studied video production, I was doing
YouTube strategy for people, helping with their channels,
helping them with video editing and making money
so I could support building my YouTube
channel up and think about it,
you're already editing videos, you already know
a lot about YouTube, maybe you could help local businesses
or local personal brands or influencers with your
freelance services to earn extra money.
- Keep in mind that a lot of people pay a lot of money
for their business to be able to have your skills
as a videographer but ask yourself, do you have a business
so that's the other part that I love about this part
is if you're a business person, like myself,
when I was doing real estate, I would put out
frequently asked questions about real estate
and because I was getting views in my local area,
I would get clients for my real estate services.
Another example is JP Sears.
Better known as ultra-spiritual JP.
Before he got his fame, he was doing life coaching
and what he was doing was putting out YouTube videos
to promote his wisdom on this topic and getting
more clients for his services.
- So maybe you could do graphic design
or maybe you're a wedding planner or an interior designer
and you could build free content up on YouTube
to bring awareness to what you can do as a freelance
project or as a service to earn income.
- Strategy number four is create something to sell.
Now why we love this is because you can start
doing this from day one.
Even from zero subscribers, as long as you're getting
views on something maybe you're talking about that
you're an expert on or you've got a lot of experience
or wisdom on, you can literally sell
your own product from day one.
- Absolutely and I remember early on
I did not have a lot of YouTube influence yet
but I wrote an ebook called, YouTube for Churches,
and so again, you might be discouraged
that you can't monetize your videos or even
if you are monetizing, you're only making like
seven cents for the views you're getting
but I was making seven dollars when that ebook
was being purchased even if the videos
were not getting very many views.
I think about Jabe and Postal in our community,
he's got a barbecue channel and so he created
his own line of barbecue spices and rubs.
We interviewed Melanie Ham on this channel.
She's got a quilting and crocheting channel
so she put together some digital courses
where she teaches people how to make certain
kinds of quilts or certain kinds of crochet products
and sells those for maybe 20 dollars or 25 dollars
so again, when you start to package your own services
or your own products and this doesn't have to be hard,
Got Love who are some vloggers that are a part
of the influencers community, they created their own
tee shirts on Teespring.
They uploaded some artwork and now
they had a store of things for sale.
So you could do coffee cups, mouse pads, all kinds
of things through different stores and services
and so we'll link up some bonus resources in
the description below to help you with this.
- Strategy number five, brand deals and sponsored videos.
Now a lot of people want to get onto YouTube
and become a YouTuber because of sponsorships.
There's a lot of money, there's a lot of opportunity.
But even as you're starting, you can take advantage of this
because one of my favorite things I say is,
a dollar saved is a dollar earned and even if you don't
get paid, a lot of brands will actually give you products
to feature in your videos and this is a strategy
that you could utilize very early on in your YouTube career.
A great example of this is something I used to do
on my food channel, Benjiman TV.
I used to have a segment called, Tea Tuesdays.
Didn't get a lot of views but I was really into tea
and anybody interested in it were watching me brew tea,
talk about the tea as I was brewing, drinking tea
and just having like tea talk.
I got so much tea sent to me because again,
there wasn't a lot of shows out there that was
talking about tea so again, this is a great example
of a dollar saved, a dollar earned because literally
for a year, I didn't have to buy any tea.
- Absolutely and the power tip here is if you can
focus the niche on your channel, you're gonna be better
positioned to do all of the tips in this video.
Early on with my channel, Think Media, when it was very
small, only a few maybe hundred or a couple thousand
subscribers, I was able to work with companies,
they weren't paying yet but they would send me
free gear, free tech things to review
and so if you build up a niche focused channel
with a predictable value,
you can definitely start working with brands
and getting free things and even earning a little bit
of commissions on those video projects
and an additional tip here is also think
about starting small and starting local.
Maybe even people in your local community.
If you reviewed a restaurant or if you have a beauty
channel, work with a local hair salon or a makeup store
of some kind to think about how you can collaborate.
Maybe offer some of your YouTube video production
awareness services with what you're doing on
your channel, to work strategic brand deals.
- And the thing we wanna drive home
is thinking out of the box.
So many people think, I'm gonna make YouTube videos,
I'm gonna become a YouTuber, I'm gonna make a lot
of money on AdSense and get sponsored by big brands,
the reality is you really need to figure out strategies
from day one where you can be making money,
even when you don't have very many views
because it takes a long time to build a subscribership
to make money on AdSense, to get sponsored by companies.
So these strategies are things that
you can utilize from day one.
- Yes and if you want some more tips about brand deals
and sponsorships, check out our series about the topic.
We'll link it up on the YouTube card as well
as in the description below.
- Before you go, one quick reminder.
The reason we talk about influence, income and impact
and have influence first is because
you need that first view.
You need to build influence.
A lot of people jump into YouTube
and think about money, right?
They wanna make money, they wanna be rich
and be successful.
We'd argue that if you bring value and you help somebody
and build that influence, you're gonna have so
many more opportunities to build income
into your business model on YouTube.
- And never forget, great things take time
so focus on producing the best content possible,
adding value to people, connecting with your community
and be patient on the journey and you will do great.
- Question of the day, do you have any other tips
that make money on YouTube?
Put it in the comments down below.
- So thanks for checking out this video.
Subscribe for more videos just like this
and for other videos in our make money on YouTube series,
click or tap the screen right there for
another video from Video Influencers,
click or tap the screen right there.
- As always, we're helping build your influence,
income, impact with online videos.
Catch you later.