How do People Make Money with YouTube?
Are you wondering how do people make money with YouTube? As an affiliate marketing coach, I use YouTube religiously because it’s a valuable teaching tool, marketing weapon and money maker!
There are several ways people use YouTube to make money; ad revenue, affiliate links and backlinks to their website. I personally practice all three methods because I believe in multiple streams of income. The more streams of income you can make from different sources online – the better!
It’s better to collect an income from many sources than to be heavily dependent on just one. With ad revenue you will collect your income from Google Adsense. When you place affiliate links in your videos and descriptions you’ll make an income from your affiliate merchants. When you use your website as a backlink, you’ll get traffic to your website and potential buyers to the products you are promoting there.
#1 Ad Revenue
Ad revenue is by far one of the most popular ways people make money on YouTube.
You can ask my friend and fellow Pajama Affiliate Jason Stephenson, who makes $10,000 a month. No, I didn’t studder, that’s how much he makes PER MONTH on ad revenue alone.
Granted, Jason is quite the charming fellow, but it’s his knowledge of SEO and keywords that gets him to the front of the pack. Anyone can make money with YouTube video marketing. It’s not just Jason’s award winning personality that gets him the views, but he does have that too.
Making money with ad revenue is about producing videos that people want to view again and again! How to videos accomplish this??
Vlog What You Know!
Let’s say you were a plumber, mechanic, chef, etc – basic things that you know how to do can make you money on YouTube!
How to fix a running toilet gets over 6000 searches a month! With some knowledge of basic keyword research and SEO, you could easily be making videos on topics that you already know and people are searching for.
I am sure you have heard about the kid who makes millions a year just opening toys on YouTube! The kids love that channel and they subscribe and watch all of his videos. When he makes a new one – it gets viewed by millions of his subscribers.
I had a dating and relationship channel years ago. I had one video alone on that channel alone that made $50.00 a month! Imagine 100 videos! 1000 videos! Are you starting to see the big picture? 1 or 2 videos isn’t going to make you rich but if you keep building your channel up the right way – you’ll gradually start increasing in your residual income.
Music Videos Rock the Ad Revenue
Have you ever watched music videos on YouTube? How about those cool ones with the lyrics to the song? I know I have probably watched the same music videos on YouTube hundreds of times, I’m a huge Boz Scaggs fan. If there are ads on it, they’re making money!
# 2 Affiliate Marketing
Affiliate links can be added inside the description of the video to the product you are recommending, reviewing or showing someone how to use.
In those videos where people are reviewing and showing others how to use a product – they also link to the product, either onscreen in the video itself or in the description area.
There are many times when I add my affiliate link to a product, service or tool I’m using in the description. When others click and buy through that link I receive an affiliate commission. More money for me!
Affiliate Marketing is by far my favorite source of marketing because you are just sharing links to products that you recommend and/or use yourself.
Still, even with Affiliate marketing, you still need to get views over and over again to your video to make money – and that starts with keyword research and SEO. You can’t make sales in affiliate marketing without the traffic.
#3 Backlinks to Your Website
Youtube is an excellent backlink to your website and will help establish its authority. I have my own YouTube Channel and it’s linked to my Website so viewers can go to my website and get more information and buy my products.
Having your own YouTube videos in your blog posts will help you gain authority in search engines because your content is so closely related and relevant to each other. YouTube is a must-consider if you have a website or blog.
YouTube is a Search Engine in Itself!
Videos show up on the first page of search engines like Google all day long! Not to mention people use YouTube like a search engine to find answers, look at product reviews, listen to music, and so forth. The basic concept of making money on YouTube is to create videos people will watch over and over again and optimize those videos so they get found! The possibilities are endless for people to make money on YouTube.