How to earn money from YouTube in India: 6 Effective Ways
With the era of the digital age, social media platforms are gaining a lot of attention especially in terms of earning. Millions of people are able to earn money from social media platforms, and the platform that tops the list is YouTube.
YouTubers are today’s self-made celebrities – they are followed by the masses and make huge earnings by creating video content. Several YouTubers are monetizing their channels effectively, and earning from YouTube. Making money on YouTube might not be your reason for starting a channel, but the opportunities to earn are plenty. Luckily, there are some effective ways to make money on YouTube.
So if you are interested in earning from online sources, here are some important things which you should know.
How to make money from Youtube
- Become an Affiliate and Review Products
- Earn from Ads
- Merchandise Sales
- Collaborate with Esteemed Brands
- Consulting, and Coaching
- Sell Online Courses
1. Become an Affiliate and Review products
Easiest way to monetize your YouTube videos is through affiliate programs.
When you join an affiliate marketing program, you send your audience to a brand’s product via an affiliate link. If the user successfully makes a purchase through your link then you earn a predetermined commission from the sale.
While not as lucrative as paid sponsorships, an affiliate program still generates extra income. You can become an affiliate for products that you already use, give your recommendations and offer some discounts to your audience.
2. Earn from ads
The most traditional way to make money on YouTube is through ads. You can earn money from the ads that come during the time the audience is watching your video. With each advertisement coming during the time when someone is watching your video. You’ll be eligible to earn something out of it.
If you’ve joined the YPP( YouTube partner program), you can turn on ad monetization for individual or multiple videos on your channel. Keep in mind that your videos must meet YouTube’s advertiser-friendly content guidelines to be able to run ads.
With several YouTube ad formats available, you can also control the placement of ads on your videos. So that the ads won’t ruin the course of your video.
3. Merchandise sales
All the YouTube channels with 10,000 or more subscribers are eligible to sell their merch via a merch shelf that appears or every video.
If you feel that you are on a stage where you have created a fan base you can start with selling your merch online. This is not only a great way to earn some revenue but also builds a strong community for your channel. This is also suitable for people who do not have their website but wish to promote their brand.
4. Collaborate with esteemed brands
If you have an influential channel with a large fanbase, then you can collaborate with brands and businesses for that you ‘ll have to advertise their product on your channel and you’ll be paid (sometimes in cash, sometimes in kind) for that.
Most brands and businesses pay or sponsor a content creator to use or demonstrate their product in a video. While sponsorships are provided by brands to creators, it benefits both parties as well as the viewers. To make that happen you can yourself reach out to brands via mails and share your YouTube analytics with them.
5. Consulting and Coaching
If you have an expertise in a skill or have knowledge about a subject then you can become a marketing consultant for brands and sell their services via YouTube.
Suppose that you love going to the gym and you keep sharing your tips with your subscribers , then a protein brand approaches you and asks you to promote their product in return you’ll be paid. Then via youtube you can be a marketing consultant for their product and earn money through it.
In the same way you can also coach the interested subscribers to take private sessions with you about their health which you apparently have a knowledge about and in return for your time you can charge a fee from them per session.
6. Sell online courses
Selling an online course to your subscribers is a fantastic way to bring more value to your followers as well as build another stream of income for you.
Suppose that you have a beauty related makeup channel then you can provide courses related to self-makeup, wedding makeup, natural-makeup to your audience and charge a fee in return for the session which you’ll be providing. To make buying your online course an exciting prospect to your viewers, you must ensure that you are delivering more value than what you give for free on your channel.
These were some of the ways to make money from YouTube. They are suitable for anyone interested in starting a career through YouTube. It is suitable for mothers wanting to kick start their career and anyone wanting to have a fun job while sitting at home.