Want to make money with your YouTube channel? At Softeando, we share all the ideas, tricks, and tips we can think of right now to help you monetize it.
How to Monetize Your YouTube Channel
Before introducing them, you should consider that some of these monetization methods require a lot of work and dedication, but they can be very profitable if done consistently and correctly.
1. Google AdSense Ads
The most common way to monetize YouTube is through AdSense ads. YouTube (i.e., Google) places ads on your videos and pays you a portion of the revenue generated from those ads.
Remember: to earn money from Adsense on YouTube, your channel needs 1000 YouTube subscribers and 4000 hours of public video viewing on YouTube.
2. Channel Memberships
You can offer your followers the option to become members of your channel. Members pay a monthly or annual fee and get access to exclusive content and other benefits.
3. Brand Sponsorships
You can get sponsorships from brands that want to promote their products in your videos. This can be a lucrative income, but you must be careful not to compromise the integrity of your content.
4. Donations or Tips
You can allow your followers to give you tips or donations through platforms like Patreon or PayPal.
5. Affiliate Programs
You can join affiliate programs and promote products in your videos (for example, Awin or Amazon Affiliates). If a user makes a purchase through your affiliate link, you receive a commission.
6. Selling Products
If you have your own brand or sell products related to your content, you can promote them in your videos and earn direct income from sales.
7. Buying Content
If you create original and unique content, there may be people interested in buying it for their own use. For example, if you talk about technical banking or insurance niches where competition is very high.
8. Selling Copyrights
If you own the copyrights to your videos, you can sell them to other companies or individuals who want to use them in their own content. This is common among music producers who create stock songs or photographers who sell watermarked images embedded in videos.
You can use crowdfunding platforms like Kickstarter or Indiegogo to raise funds for specific projects.
10. Live Events
You can organize live events and monetize them in different ways: selling tickets for viewers to attend online (exclusive talk or class), charging users for their comments to be highlighted in the chat, etc.
11. Video Consulting
If you are an expert on a specific topic (for example, labor or tax), you can offer consultancy or private advice through your YouTube channel.
12. Event Sponsorship
If your channel has a large audience related to a type of event, you can monetize it in different ways. For example, you can charge for promoting them in your videos, have a special discount code and earn revenue for each sale, etc.
You can collaborate with other content creators and charge for promoting their channel in your videos. If you are a famous YouTuber and someone offers you a collaboration, they can benefit from your audience knowing that you are on their channel, but you get cash for it.
You can sell products with your brand or logo on them, such as t-shirts, sweatshirts, mugs, or stickers.
15. Charitable Donations
You can use your YouTube channel to raise funds for charitable organizations or social causes that interest you. From a tax perspective, charitable donations can be beneficial.
16. Creating Online Courses
If you are an expert on a topic, you can create online training and sell it through your YouTube channel. For example, you can offer some free classes and then sell the remaining ones through payment, or you can do private video classes.
17. Book Publishing
Rubius was the first YouTuber to publish a book. Therefore, when you are well-known or have valuable content to contribute, you can write and sell books (physical or electronic) related to the content of your channel.
18. App Development
If you have programming skills or the money to pay for it, you can create apps related to your content and sell them in app stores like Google Play or App Store.
19. Stock Music Licensing
If you use stock music in your videos, you can obtain music licenses and charge other content creators who want to use that music in their videos.
20. Participation in TV Programs
If your YouTube channel is popular, you may be invited to participate in TV shows and earn money for those appearances. For example, there are many collaborative journalists who connect to televisions from home.
21. Movie or Series Reviews
If you like movies or series, you can create reviews and charge for promoting certain titles or monetize your videos with ads.
22. Creation of Digital Products
You can create digital products such as templates, graphics, or design elements and sell them through your YouTube channel. For example, there are YouTubers who teach how to create thumbnails for channels and sell them.
23. Advertising in Sponsored Videos
You can create promotional videos for brands and charge for promoting those videos on your channel. In this case, you get paid not only for creating the video but also for its promotion.
24. Creation of Unique Events
Did you know that sometimes many TV show format ideas are discarded due to fear? You have the power to create a unique television format and publish it on your channel. You can monetize it if the format works, sell its rights, etc.
25. Creation of Video Podcasts
YouTube channels like The Wild Project are podcast formats that succeed because of their discussions or the people interviewed. They offer long entertainment content where value is provided. From a podcast, you can get sponsors or collaborations, and even create a large number of video clips to improve your channel's statistics.
Can You Think of Other Ways to Make Money with YouTube?
If you found these ideas for monetizing your YouTube videos useful and want to share other ideas you have, do not hesitate to write to us. Surely you have many more ideas due to your passion for YouTube.