Digital Marketing

Tips to Generate Revenue using YouTube in 2020

According to the latest report, YouTube has managed to increase the number of views to five billion on a daily basis. This is because YouTube is an amazing platform and the average person spends forty minutes per day. In addition, with the rise of technology and digitalization, people have started earning money from YouTube. This is because video editing software is all you need to kick start this journey.

There was a time when making money on YouTube was the option available to famous influencers and celebrities but the times have now changed. That’s because people have come across multiple opportunities, empowering them to make money from YouTube. But this doesn’t mean that you can simply start making videos.

We are saying this because you need to adopt a strategic approach. Still, people are not aware of ways that they can make money from YouTube Subscribers. So, to help you all out, we have outlined some tips that will help you generate revenue and earn money through YouTube.

Affiliate Links

When it comes down to YouTube, promoting the videos and channel through affiliate links will be highly effective and have played a great role in providing learning opportunities. For instance, the in-depth tutorial videos are a great way of inserting affiliate links for the products. This is because when you recommend some product through your video and the audience actually buys it, you will start earning commission. These links should be placed in the initial stage of the description.

Using affiliate links on YouTube works similarly to the affiliate link on blogs. However, you must never rush the description and content with affiliate links because it overwhelms the audience. In addition, people will click on the links only when you gain their interest. You need to solve their problems and provide real answers to their issues. The videos that you can create should offer solutions. So, if you want to join the affiliate program, you can apply for them online.

Earn From Ads

If you are a regular YouTube user, you would know how videos come with occasional ads. You might not know this but ads play an integral role in generating the revenue stream. This is because you can insert ads before the videos and during the memberships. In addition, you can opt for Google AdSense banner ads. On the other hand, you must never forget about the rules. For instance, you need at least 1,000 subscribers earned in last one year and the average video watch hours should be minimum 4,000.

Once you have these watch hours and subscribers, you can partner up with YouTube and start earning from the ads. In addition, the dollar sign will appear with your videos, indicating that you are now eligible for monetization program of YouTube. In addition, if people are using the premium YouTube, there might not be ads, so you will need to concentrate harder on the total watch time.

Fan Funding

If you’ve been making YouTube videos for a long time or have a strong audience base from other social media platforms, you can always ask them to crowd fund the channel. This will help find better profit streams the funds will be there to make new videos. You can opt for online programs that help you gain funds for the content creation. In this regard, Patreon and Tipee are some amazing services that allow the YouTube owners to access the funds and donations.

SEO

SEO is the one-stop-shop for everyone who needs to ensure they gain adequate viewers and their content has higher visibility. YouTube is the search engine platform as well and integration of effective SEO strategies will be helpful in optimizing the higher visibility. With SEO, you need to think about keyword research and it is advised to use the high-volume keyword. The keyword should be used in video tags, title, and description.

YouTube Marketing Funnel

If you want to earn money through YouTube, you need to start optimizing the YouTube channel for sales. In this case, you need to specify the niche and design the marketing funnel with YouTube. You can start collecting the email addresses from the users and direct them to purchase your products, putting money in your pocket!

Dr. Compressor

Mike is passionate about creating informative content for business and other technology-related write-ups. He loves to indulge himself in developing and researching new ideas for content creation.

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