There is a lot of potential to make good sums of money on YouTube, and creating videos can also be a lot of fun.
You do need a bit of creativity but making money on YouTube is a fairly simple process.
If you think that making money on YouTube is something that you want to have a go at, the following guide can help.
How Much Money Can You Make From YouTube?
While it is possible to make good money from YouTube, it is probably not going to make you a millionaire.
You may be lucky and have one video that goes viral but you are more likely to make money if you have followers who watch your videos on a regular basis. This means that you need to be uploading new content fairly often.
YouTube say that 1000 views will make you around $1.50 when you are just getting started. The current exchange rate means people in the UK will receive around £1.10 for every 1000 views. If your channel were to become more popular, then you could earn around £7 per 1000 views.
Some YouTubers also release their own merchandise which can also increase the amount of money they make. They also sign advertising contracts where they will feature a product in one of their videos. These contracts can be worth several thousand pounds, and the price will increase if the same product is advertised across all of their social media channels.
How Does The YouTube Partner Programme Work?
The YouTube Partner Programme gives creators the chance to monetise their content on YouTube. Income can come from a number of sources including:
- Adverts which will be shown in your videos
- Your content being watched by YouTube Premium subscribers
- Fees paid by subscribers to become a member of a channel
- Fees paid by subscribers in Super Chat to boost the visibility of their comments
There is criteria that you need to meet in order to be able to apply for the partner program. You will need to have more than 1000 subscribers and your videos will need to have been watched for more than 4000 hours in the last twelve months.
If you are accepted into the YPP, then you will also need to sign up for a Google Adsense account if you do not already have one. You can choose the type of ads you show in your videos so you select the type that you think will most appeal to your viewers.
What Equipment Do You Need To Start Creating YouTube Videos?
If you want to create professional looking videos, then it is essential that you have the right equipment. This also shows your viewers that you care about the quality of your videos and this can help you to gain more respect.
As a minimum, you are going to need the following equipment:
- Webcam or video camera
- Editing software
If you are making gaming videos then you will also need a capture card.
You may have to spend money to purchase this equipment, but having videos that look professional will give you the highest chance of making this money back.
How To Make The Best YouTube Videos…
In order to maximise your earnings on YouTube, you need your videos to be popular. This is not an easy task
and it is something which will take a lot of hard work. The following tips can help you create videos that people will love to watch.
- Be Confident
Showing confidence while avoiding being cocky will help convince your viewers that you know what you are talking about.
- Decide Upon A Niche
You will need to decide upon the niche that the content of your videos falls into. There is a good chance that there will already be videos in this niche on YouTube, so you will need to think of ways to make your content stand out.
- Follow Popular Trends
Whichever niche you are concentrating on, you will need to make sure that you are talking about the latest trends. Nobody will want to watch videos that are no longer relevant.
- Choose A Good Name For The Channel
The name of your channel should give the viewer some idea of what the channel is about. It will also need to sound professional.
- Be Yourself
It can be very tiring trying to maintain a different persona throughout all your videos. A better course of action is just to let your own personality shine through as this will make you much more relatable.
- Use Interesting Thumbnails
The thumbnails that you choose for your videos should catch the attention of people who are scrolling through the site. Having a good title will also help with this.
- Upload On A Regular Basis
You should be uploading a new video at least once a week. This will help keep your subscribers interested in your content. If you post on a specific day each week, then people will know when to expect new content.
- Show You Care About Your Content
You need to make your videos about a subject you are passionate about otherwise you will find it hard to keep coming up with new ideas for content. You will also come across as more engaging when you have a real interest in the things you are talking about.