You can learn how to make money on YouTube if you’re a creative person with a message to offer and an interest in video. It’s not easy, and it’s certainly not quick. Every day, you hear about YouTube celebrities who have made millions of dollars by uploading their videos. Ryan Kaji, an eight-year-old boy who made $26 million in 2019 by reviewing toys on his YouTube channel, is one example.
Actors like Darren Criss and Rachel Bloom have also transitioned from YouTube to film and television. If you enjoy explaining topics, conducting in-person interviews, or simply being on camera, you should consider launching your own YouTube channel. YouTube can be a lucrative source of income. It isn’t quick, and it isn’t as simple as it appears.
So you want to make money on YouTube, and all you need to get started is a great YouTube channel concept. When creating your own YouTube channel, one of the first decisions you’ll have to make is what kind of videos you’ll make. You may do whatever you want, but there are a few popular genres of videos that are simple to get started with.
Topics that Make Money on YouTube
1. Product Reviews
Another common technique to create youtube videos is if you have expertise in a specific field and can objectively evaluate items. This can be done with anything from digital cameras to cosmetics palettes to dog toys. The idea is to choose a certain speciality and stay with it. You won’t be able to build the requisite following if you review instructional children’s games one week and a book the next.
Another common technique to share your knowledge is to create tutorials. You can show folks how to do things like sewing a button, curl their hair, file their taxes, or cook a roast. For the simplest to the most sophisticated DIY projects, people are continuously turning to YouTube instructions. To find out what kinds of tutorials and how-tos you can make, make a list of your hobbies, talents, and qualifications.
You should start a vlog if you’re always sharing engaging stories, having thrilling events, or just have a talent for discussing banal observations. You’ll record and share your thoughts with your audience rather than writing them down. This might be a lucrative method to supplement your income.
4. Gaming Station
I understand that some people have already considered launching a gaming channel, and if you are one of them, I can promise you that this is a fantastic idea. PewDiePie, who has played a variety of games on his channel, is currently the most subscribed YouTuber. He has recently reduced the number of gaming videos and begun focusing more on comedy, but it cannot be denied that his gaming videos propelled him to fame. Your personality will have a significant impact on your achievement.
Many other YouTubers make a living simply by playing games and commenting on them. Building up your gaming channel takes time, however, I’ve noticed that gaming channels expand faster than channels in other genres. This may be due to the fact that individuals enjoy watching games and keep coming back for more.
It may be claimed that the market is saturated, and therefore breaking into it is extremely difficult. I won’t deny that the market is competitive, but I don’t believe it will ever be saturated for those with strong personalities and gaming abilities.
5. Internet marketing channel
Starting an internet marketing channel is a wonderful idea because there are a lot of people that want to learn about it. When compared to other channels, your internet marketing channel will not receive a lot of traffic, but the quality of traffic is important. You may utilize your channel to direct visitors to your course, which will teach them all they need to know about internet marketing.
Building your channel will take a lot of time and fresh ideas, but by driving people to your own digital product or digital items that you promote, you may earn a lot more than you can through adverts. You may create a simple sales page that explains your product and drives visitors to it through your channel. Your sales will increase as the quality and quantity of material on your channel improves.
Note: This concept is not suitable for someone who is unfamiliar with internet marketing. I propose that you learn about internet marketing for a few months before implementing this strategy.
6. Prank Channel
Prank videos are popular, and a single video can make the difference between becoming famous and remaining obscure. You can establish a YouTube channel if you have a few prank ideas that would make people laugh. Starting a channel about pulling pranks does not require a lot of money, and you can get by with just a competent video recorder and a laptop. If you want to make it big, you’ll need to come up with unique concepts that are still funny. There’s a lot of competition. For ideas, I propose watching some YouTube channels of prominent pranksters.
7. Educational Television
Whether it’s quantum mechanics or modern economics, you can teach people about anything you know. However, if you have extensive expertise in a subject, I believe it would be far more beneficial to create a video lesson on sites like Skillshare. You can make more money than you would on YouTube if you have the necessary expertise.
YouTube is an excellent alternative if you’re just someone who wants to share his knowledge about something. The benefit of this video sharing service is that it has a far broader audience than sites dedicated to education. You can also ask for donations so that you can continue to educate them for free.
8. Comedy Channel
It’s difficult to keep up with all the humour channels on our favourite video sharing platform. Still, if you believe you can supply the masses with much-needed humour, starting your own comedy channel is not a bad idea. If you don’t speak English, you could try doing humour in your native tongue. If you do comedy in your native tongue, you’ll have to vie for dominance in a much smaller market. To make this worthwhile, your country must be fairly large, and many people in your country must have access to the internet.
9. Review Channel for Products/Services
This channel will be perfect for those who have the financial means to purchase products and services in order to review them. If you select products or services from the appropriate category, you will never run out of video ideas. Using an affiliate link in the description of the products or services you recommend to monetize your channel can significantly enhance your earnings.
I’m sure you’ll find it difficult at first because you’ll have to invest money and wait, but if you do it correctly, it may be very profitable. You can make money by rating some low-quality products in a specific area and then following up with a review of a high-quality product using your affiliate link.
Make sure you tell your viewers that you’re an affiliate for a product and include a call to action at the end of each video. Simply put, a call to action tells viewers what they should do next. You can just tell them to look into the product you’ve suggested. You can use services in the same way.
10. Fitness or Health Channel
Although health and fitness are inextricably linked, I recommend focusing on only one of them. You can either make a channel about healthy living with a focus on certain diseases or a fitness channel. They’re such broad themes that you can easily come up with a slew of video ideas just by covering one.
11. Travel Channel
If you travel to exotic countries and enjoy discovering new places, it’s a good idea to bring a camera and capture your adventures. Perhaps one day, with the money you earn from your channel, you will be able to go to amazing locations. There is no doubt that many viewers are fascinated by famous locales and desire to learn more about them.
They want to learn about the culture, gastronomy, and facilities, among other things. Through your channel, you will respond to these questions and assist them in determining whether or not this location is worth visiting. I believe that having a healthy balance between your personal experience and the view of the region you visit is a good idea. You can use your channel to show off your room, the market, talk to others, and much more.
12. Cooking Channel
Cooking would be missing from this list if it weren’t for the fact that a large portion of the public is interested in learning how to prepare various cuisines that tickle their taste buds. To make your channel effective, you must do something unique and concentrate on your area of expertise. It would be unfair to imply that recording cooking videos about everyday foods can earn you a lot of money. However, creating a cooking channel that may earn you some extra money or perhaps a full-time income is entirely conceivable.
13. Songs Cover Channel
If you have a good voice, YouTube can assist you in becoming famous. To make it large, you have to be remarkable, because there are numerous channels with talented singers who aren’t getting much attention. Begin by choosing your favourite songs and singing them in your own unique style. The best thing about singing a cover song is that there are no right or incorrect ways to do it. To catch the attention of the audience, you can radically vary your singing style. I strongly advise you to try out different songs and genres to see what works best for you.
How to Make Money with a YouTube Channel
Starting a YouTube channel is simple, but generating videos and gaining a dedicated audience is more difficult.
Step 1: Create your YouTube channel first.
Logging into YouTube and selecting the “Create Channel” option under your profile picture is all it takes to start a YouTube channel. You’ll be brought to the Channel dashboard from there, where you’ll find tools and instructions for making, uploading, and sharing videos. You must enter an email address, therefore you have two choices.
You can create a different channel using your own email address, or you can create a channel-specific email account. Choose the latter if you prefer the peace of mind of having different accounts so you don’t mistakenly cross-post personal and company information. Remember to complete your profile’s details, especially the About section. Make sure your channel header image is eye-catching on mobile and in a web browser.
Step 2: Choose a strategy.
You might post videos on a sporadic timetable about unrelated topics, but if you want to generate money on YouTube, you’ll need a precise approach. “Honestly, I’d say quantity and making sure you hit the fan favourites is the most important element,” Let’s Talk Money’s Joseph Hogue said. “One video per week used to be the standard, but I believe that anyone serious about growing their channel should be creating two per week now” Hogue suggests making a schedule for each video you release, with a certain time and day. Consider the following factors when you’ve established a timetable that you’re happy with:
How many videos do you plan to make per month?
When will you post them and at what time?
What information will you add to the descriptions of your videos?
Will you include personal information or will it be more formal?
What will the thumbnails for your videos look like?
What criteria will you use to select video topics?
Check out other popular channels in your niche to get an idea of what strategy will work for you. Instead of copying what they’re doing, use what’s working as inspiration. If you notice that numerous channels are repeating the same elements, that’s a sign that you should do it as well.
Step 3: Create and upload a video-creation and-uploading system.
It’s critical to have a system or approach for your films in order to simplify and streamline the process. Many YouTubers recommend shooting multiple videos in one session and batch-processing them. That way, you may complete all of the work at once and schedule the releases ahead of time. You may also create step-by-step checklists to help you streamline the process even more.
TubeBuddy, a popular application, has this feature as well as other useful tools like keyword research. You can speed up the editing process by learning how to use keyboard shortcuts in your video editing program.
As your channel and profits expand, you can engage an editor or a virtual assistant to assist you with these responsibilities. The key goal is to create a system that works for you and allows you to operate on autopilot. This frees up your time to do things like write screenplays, make interesting videos, and plan other strategic initiatives.
Step 4: Revise and adapt
Take a step back every now and then to see if you’re on track to achieve your objectives. You can use analytics to check if you’re reaching your target audience, how many views you’re getting, which topics connect or don’t, and other indicators to figure out how well your channel is performing. You may need to take a step back and make some modifications if what you’re doing isn’t working.
Joining a community of other YouTube creators, especially ones in your niche, can also be beneficial. They can give you comments on your channel, and you can ask them questions about what has worked for them in the past, what methods or tools they use, and how they promote themselves. This allows you to connect with other creators and collaborate on learning and growing your channels.
Ways make money from your YouTube channel
You may make money from your YouTube channel in a variety of ways once you’ve built up a following.
This is the most common method of earning money on YouTube. Before YouTube would allow you to insert advertising on your videos, you must first achieve two specified milestones: In the last 12 months, your videos have received at least 4,000 hours of viewing time. Have a minimum of 1,000 subscribers Because of these tight standards, many people are discovering that adverts are more of a supplemental source of income on YouTube than a primary source of income.
“Ad rates (CPM) are down,” Budget Girl’s Sarah Wilson stated. The cost per mille, or the price marketers pay to show their ad to 1,000 people, is referred to as CPM. “We’re getting paid less overall.” YouTubers aren’t permitted to reveal their CPM, but I keep track of mine and can tell you that it’s been lower this year than in previous years.”
Another reason why relying solely on YouTube for revenue could be risky. You’re always subject to the platform’s whims. Starting a blog or creating your own items can help you diversify your money streams.
Sponsorships and brand partnerships
While ads are a terrific method to generate passive revenue, many YouTubers make their money by working with sponsors. This approach must be used with caution. It may be profitable, but you can’t advertise or sell things that aren’t relevant to your target market. You will lose their faith if you do so.
Wilson advised, “Be very selective about who you partner with.” “It dilutes your brand, no matter how amazing the company is.” As a result, set your charges appropriately and be prepared to conduct your own investigation into the company’s operations. Also, be prepared to hear about it if they screw up with one of your viewers.”
Make a list of your favourite relevant pay-to-advertise companies and reach out to their marketing departments. You can display them as proof that you’re a real user if you’ve already made films regarding those products.
You still include another company’s product in your videos with affiliate marketing, but instead of receiving a flat fee, you’ll utilize a unique referral link in your video description and earn a commission for each individual who buys the product through that link. “When it fits easily with the theme,” Hogue added, “I try to acknowledge [affiliates].”
You can also fine-tune your affiliate marketing approach. Hogue is putting this one to the test. “I’ll do a two- or three-video series on a topic that’s a natural fit for an affiliate,” he explained. “After that, I’ll design a lead magnet and an email series to entice folks to view all of the videos and sign up for the emails.”
Choose a product or service that you’ve used and enjoyed that you think your audience would enjoy, and then brainstorm ways to produce fresh content around it.
Selling your own Products and services
You can make money by selling your own goods and services. If you’ve previously created courses, eBooks, or other items, mentioning them in your videos can help you get more people interested in them. Make sure to provide a link in the video description so that viewers can discover it simply. If you choose this path, be careful not to oversell your own products. It should come across as a natural recommendation to your readers.
Fan or Audience support.
Another option to generate money on YouTube is to use a service like Patreon to solicit financial support from your fans. Some niches may benefit from this more than others. Fan support, for example, is a frequent technique for gamers to make money, but it may not make sense for someone with a personal financial channel.
“I wouldn’t expect it of my viewers while also urging them to cut costs since that’s not a place I put my money,” Wilson added. “It would be a great compliment if fans believed in me so strongly that they would pay a monthly subscription only to cheer me on, but I’d never ask.” Many YouTubers make money using Patreon, but it’s something you can only ask for after you’ve created a lot of good content.
Will You Be the Next YouTube Millionaire?
Even for the most serious individual, making a million dollars on YouTube is doubtful, but YouTube may be a terrific way to establish a persona and a brand that will aid your blog, coaching business, or course. It can also be a terrific way to gain new skills, challenge yourself, and profit from your passion.
It can be a terrific side hustle if you’re tenacious, ready to learn, and have a passion for video. It can even become your full-time job if you work hard enough. It’s Time to Get Down to Business. There are other additional channel ideas, but I believe that all of these are quite profitable and will continue to work in the long run. All of the above suggestions will necessitate a significant amount of time and effort, so pick something that you are enthusiastic about.
If you’re having trouble deciding, try brainstorming video ideas and seeing how many you can come up with for each one. The next step is to look up how many of the concepts you’ve written have already been covered on YouTube. If you notice a lot of unexplored territory in regards to a particular channel, that channel is your best chance.
This is only one method for selecting a decent channel idea, and it may or may not work for everyone. I’d be curious to hear your thoughts on these channel concepts. What is your brilliant YouTube money-making channel idea? Please let me know in the comments section below.