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Updated: 21st October, 2018
You know that YouTube…
…is a gold mine. This platform has enabled many people to achieve their dream.
Not just dreams, but YouTube has also enabled many people to go full time, thus leaving those 9 to 5 jobs.
I myself do not like to be involved in those kinds of jobs.
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Google is doing a great way employing many people. YouTube is the second biggest search engine, which is great.
You have a lot of potentials to grow on YouTube than any other. Many celebrities like that of Justin Bieber, Alan Walker have made their way through YouTube only.
It is reported that PewDiePie, a Swedish YouTuber, earned around $14 Million in 2015 only through YouTube.
Okay now, enough bragging!!
Today you have come here to see that what are the different ways through which you can earn from your YouTube channel.
But first of all, you need to know that how can you create your channel.
Creating a YouTube channel is a lot easy task. Firstly you have to go to the official YouTube site. And now you have to get registered with them using your own Gmail account.
So simple. Right?
Once registered, you will be taken to the homepage of YouTube and now you have to just click on the 3 bar option on the top right corner. After clicking on that, you will see a drop-down menu where you have to click on the option “My Channel”.
Follow the screenshots, you will be there finally. Now, you have to click on “Customize Channel”.
A new interface will appear where you will customize your channel according to your content.
Create a beautiful logo, channel art and publish high-quality videos.
After you have done a lot of hard work, it’s time to earn something from YouTube.
Google Adsense: Most Primary Monetizing Method on YouTube
Telling one of the most important things, YouTube is a paradise for those people only who monetize their channel using Google Adsense. In 2019 too, this will continue to remain the main earning source for many YouTuber’s.
Now the question comes…
…what is Google Adsense?
Adsense is an advertising service by Google which enables you to put ads on your YouTube channel. You get paid directly by Google when someone clicks on your ads. It works in a Cost Per Click (CPC) form. The income depends on the person from which country he/she is watching and clicking your ad.
But there is a restriction on Google Adsense. It pays you when you reach a mark of some particular amount in your account. The minimum thresh hold is $100.
Also, Google monetizes your channel as and when you reach a mark of 1000 subscribers and get a watch time of at least 4000 hours in one year.
Now, it’s important to know that how can you link your YouTube channel to Google Adsense and start earning.
- Sign in to your YouTube account.
- Go to your Creator Studio.
- Now you have to click on “Channel” option in the left menu.
- After that, a new window will appear. You will have an option of Monetization to be enabled. Submit in your details and start to monetize your channel from there only.
One thing to be told, once you achieve a mark of $10, you will receive a Google Adsense letter to your home. You will find a pin inside that letter. Just login into your account and enter your pin on the letter there for your address verification.
And you are good to go.
How does Google Adsense Pay You?
Google Adsense is a very safe and legit way to earn money. There are 4 ways in which Google Adsense pays you.
- Electronic Funds Transfer (EFT)
- Cheque Payments
- Wire Transfer
- Western Union Quick Cash
The definition of Affiliate Marketing can be well explained by Pat Flynn’s Smart Passive Income:
Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make.
Do you know that many people are making their living through Affiliate Marketing?
This is true…
YouTube is a great source to do Affiliate Marketing and earn money. Amazon is the greatest Affiliate in the YouTube stream.
You have to just sell the products to people and you earn a small commission for each product. You have to just publish a link of the product related to your video in the description and tell the people to go and buy the product immediately.
This is how you earn money.
You refer to Neil Patel’s Affiliate Marketing Guide here: Affiliate Marketing Made Simple: Step-By-Step Guide
As you can see, Unbox Therapy has got a hell lot of Amazon Affiliate links in his description of one of his video.
Someone clicks on this link and purchases something, Unbox Therapy gets the commission.
This is the most fantastic ways on how to earn money from YouTube.
There are many more affiliates available on the internet which pay you high commissions. Some of these are:
- Clickbank: Recommended
…and much more. Check here the Best Affiliate Programs available.
Sponsorships: Companies Engage
You might be thinking, who will give us sponsorships at a very early stage.
Yeah, that’s true.
But to a certain level. Once you achieve a good number of subscribers in your niche, companies will automatically reach out to you to promote their products on your channel.
This way you will charge them some modest fees for their shoutout on the channel. You make some serious amount of money.
Being sponsored allows you to engage with the companies and develop a friendly attitude. This way you get more sponsors in the future.
One thing to share, do not promote the wrong products on your channel for the sake of earning money. This will develop a distrust within your viewers.
Be on the safer side.
You can sponsor a company in many ways. Like that of reviewing their product by publishing a video on your channel.
You can just advertise them in your thumbnails you make for videos.
The better way is to speak something about them in the starting or the ending of the video.
Like that of RealLifeLore, he promotes Skillshare brand in the starting and ending of the video.
Just play this video and see very carefully.
Launch your Own Products and Sell
How good it would be if people buy your own created goods?
I must say that this is my biggest source of income on my website. I have built a brand and people trust me and want to buy my products.
Similarly, you can also do this. You have to just make your own products and sell them.
It’s that simple.
You can initially launch your educational course, or you can launch your merchandise.
You can see that Logan Paul is making a major amount of his living by only selling his Merchandise named Maverick to people.
You can do this by creating a website and providing a link in your videos to the website.
You have to build an e-commerce website allowing people to simply check out there and buy their favorites.
You can make your own digital products and sell on your website.
Best Video Editing Softwares for Your Videos
It is well known that people want to see the quality content. And everyone is running after making the best quality and content full video.
So it becomes very difficult for you to identify and create the best video out of your potential.
There are many video editing software’s present. There are both paid and free ones. One thing to tell, you need not buy those paid video editors if you are starting out.
You just use free ones. If you feel to upgrade in between, then do it. For now, I have listed the best available software’s here:
Free Video Editing Softwares
- Da Vinci Resolve 15
- Video Windows Movie Maker
Paid Video Editing Softwares
- Final Cut Pro (only for MAC users)
- Sony Vegas Pro 15
- Adobe After Effects
- Adobe Premiere Pro
These were some of my recommendations. I hope you will enjoy editing with these.
Adsense Alternatives to Make Money on Youtube
…this is true.
Other than Google Adsense, there are many other ad networks available. Just like Adsense, you can apply for other 3rd party ad networks to run ads on your YouTube channels.
People who do not get approval on Adsense, join these ad networks and monetize their YouTube channel.
Here are some of the best Adsense alternatives you can use in 2019:
- Freedom!- YouTube Partnership Network
- Maker Studios
You can check here more ad networks on brid.tv
Create an Engaging Episode Series on Your YouTube Channel
To grow your channel fast and earn some more money, creating a series can be key to your success.
This will ultimately lead to more income and you will stage-by-stage get famous, once you get your videos viral.
You have to continue to publish videos on the same topic in different parts. If you are regular and you are always true with your words, you will definitely succeed.
You have to develop a sense of inspiration and motivation in your viewers for them to react. You can also collaborate with other YouTuber’s and start to drive their audience to your channel.
I told you that there are many ways in which you can grow and earn out of YouTube. It’s an ultimate platform.
Click here to see that how can you continue a series of the episode on your YouTube channel.
Start with a Blog for Additional Income
I must not say additional income, blogging can be another way for you to earn your living.
Do you know that you can earn more money on a blog than a YouTube channel? This is why I focus more on my blogging skills.
Blogging has made me realize the importance of life.
I started my first blog in 2015 and TaskDream, on which you are reading all this, is my latest blog I launched in September 2018 itself.
If you are interested to know more about blogging, I would recommend you to watch Income School YouTube Channel. This is the greatest YouTube channel for blogging, in my opinion.
Initially, when I was starting out blogging, I published a very lame blog post. But over time, I have developed my skills to publish high-quality articles.
Now you are the one to judge… Right?
If you are good going on YouTube, then I would recommend you to launch a website and tell your viewers to just visit your newly built website.
This would be the greatest deal for the initial success of your blog.
YouTube Play Buttons
You know that YouTube also gives you gifts when you cross a certain limit of Subscribers.
YouTube is very kind…
…that it gives you a lot of gifts and rewards.
Here are the 3 types of Play Buttons you get:
- Silver Play Button: When you achieve a mark of 1,00,000 subscribers.
- Golden Play Button: When you achieve a mark of 1 Million Subscribers.
- Diamond Play Button: When you achieve a mark of 10 Million Subscribers.
And it is also expected that they will give a reward on 100 Million Subscribers. But that’s a long way to go.
First one to achieve that mark would be, I think, T-Series.
Conclusion on How to Make Money on YouTube in 2019
What matters you most is your viewers and your subscribers.
Don’t run after earning more and more money. If you are in a greed of money, then YouTube is not for you.
Earning money from home is now very easy. There are tons of programs present online from which you can earn online.
All is that you need to focus on your skills and be determined and be ready to overcome any obstacle coming your way.
Starting on YouTube does not mean leaving your day job. You never know what will happen to you. You are not sure that you are going to succeed on YouTube or not.
Now, it’s your turn.
Just comment me below if you have any inquiry or any other question.