How to earn money on YouTube? 

Money is not everything, but money is something significant. Beyond the basic needs, money helps us achieve our life's goals and supports — the things we care about most deeply — family, education, health care, charity, adventure, and fun. But, In this time, YouTube is the best way to make money easily. 

According to the survey, 

Around the globe, five billion YouTube videos are watched every day. YouTube is as popular as ever, with users spending an average of 40 minutes per YouTube session.

In line with this digital shift, the next thing you should learn is how to make money on YouTube. All you need is video editing software and a computer, and you can get started on YouTube.

Making money on YouTube is no longer exclusive to a select few platinum musicians or huge influencers. There are plenty of opportunities for everyday people to make money from YouTube.

In this article, I’ll go over the different ways you can start making money on YouTube this year.

Let's get started.

How to Make Money on YouTube

While it is possible to make significant income from YouTube as a content creator, it is not the easiest. 500 hours of video are uploaded to YouTube every single minute across the world.

Numbers don’t lie. Therefore the competition is pretty intense, and making a lot of money online becomes more challenging. Here are some powerful strategies you can employ to jumpstart your earning potential from YouTube.

1. YouTube Monetization: Use affiliate links on YouTube.

Promoting affiliate links can be a massive earning opportunity for channels that offer in-depth tutorials and insightful product reviews. For example, if you recommend a product and a user visits your link to buy, you’ll start earning commissions. You can place these links in the first few lines of your description and speak about your link in your video content.

Posting affiliate links on YouTube shares a typical resemblance to promoting affiliate links on your blog. Thus, you shouldn’t pour affiliate links all over your YouTube content just for the monetary benefit. Don’t forget that viewers will only follow these links when they believe you are a trusted resource.

To build trust with your audience and get more subscribers, help them solve concrete problems and provide tutorials. As a bonus, you can create videos that offer solutions you have previously accomplished yourself.

The best step to maximize revenue is to start a blog in unison with your YouTube channel and add affiliate links there too. That way, you're monetizing YouTube and also have a website on a platform that you own yourself.

2. Make Money on YouTube with Funding from Your Fans.

If you’ve built a following of loyal fans, encouraging them to crowdfund your channel can help you fund your new videos and profit.

A platform like Patreon introduces more seamlessness to the process of getting paid for your content. For as little as a dollar, your fans can make subscriptions to their favorite channels, even going home with some exclusive rewards from their favorite content creators.

Tipi is another service that allows you to enjoy a combo of recurring and one-time donations.

For-profit and nonprofit channels alike leverage this fan-funding with their audience to keep their video operations running smoothly. As long your content is interesting, entertaining, or providing value, you would be amazed at how your viewers open the floodgates of generosity. 

3. Master Your YouTube SEO.

For video creators who have not built a significant following yet, you have to step up your game and maximize YouTube SEO this year.

To do that, perform keyword research like you usually would – however, think a little differently based on what people are searching for on YouTube. Next, make sure you use high-value keywords in your video title, description, and video tags.

Once launched, you can check your YouTube “Traffic Source: YouTube search” report to get an idea of what people are searching for when they find your hosted videos. In general, Google provides video results for keywords on how to, reviews, tutorials, and funny video terms.

There are also five key YouTube SEO ranking factors to consider:

1. Number of comments

2. Subscribes after watching a video

3. Thumbs up/thumbs down ratio

4. Video length

5. Click-through-rate on the YouTube search results

How to Make Money on YouTube FAQ.

How can I make money on YouTube without ads?

If you aren't making a lot of money with advertisements, there are plenty of other ways to generate income from your channel. Here are some of the best options:

1. Add affiliate links to your video descriptions to recommend products and earn commissions on every sale.

2. Sell merchandise, t-shirts, and physical products linked to an eCommerce platform like Shopify.

3. Sell digital products, online courses, and eBooks.

4. Build your audience and get a YouTube sponsorship from a brand.

5. Use crowdfunding and ask for donations.

5. If you're an expert in your niche, sell coaching and consulting services and charge an hourly rate.

Is it hard to make money on YouTube?

It is pretty challenging to make money on YouTube. First, you must have 1,000 subscribers and 4,000 watch hours within the last 12 months to join the YouTube Partner Program. Then you have to generate a lot of views and monitor your cost per view (CPV) to see how much money you make for advertisements.

If you don't have millions of views, one great way to monetize your channel is with affiliate marketing. You can review products or perform product tutorials, and place affiliate links in your video description. That way, you can earn commissions on every sale and make more money than your advertising CPV.

I recommend you start a blog and couple that with your YouTube account. That way, you can promote affiliate links on both your YouTube channel and blog and embed your videos in your blog posts to get more views (and help your search engine rankings)

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My advice

Start a blog with a high-end marketing funnel, then join YouTube as a secondary way to build your email list and generate affiliate income.

The best way to do this is by starting a blog with Bluehost in unison with your YouTube channel.