YouTube is the most popular and widely used video-sharing platform and the second largest search engine. There are millions of videos uploaded daily on YouTube and can earn a lot of money. Two types of users drive YouTube. The first is the video creators; who create and uploads the video on their YouTube channels, and the second is the viewers; who watches the videos, interact with them, and subscribe to the chains. Any person can use YouTube, and it’s free to use, but you must have a computer or mobile phone or any device with a good internet connection to watch and share YouTube content.
Users of all age use YouTube, but it is more popular among the youngsters because they prefer to watch a variety of content and YouTube fulfill their demands efficiently. It offers a plethora of interactive and unique content. This platform has replaced the need for television. It serves various purposes as some users use it for entertainment purposes, some use it for educational purposes, whereas some use it to keep in touch with their favorite artists, latest music videos and web series. The vast reach of YouTube gives the creators an excellent opportunity to earn some easy money through this platform.
Some practical ways to earn money through YouTube
- YouTube partnership: Starting a YouTube partnership is an excellent source of income. To apply for a YouTube partnership, you must have at least 1000 subscribers and about 4000 watch time hours. After starting the partnership you can enable the Adsense on your channel and brands will give advertisement in your every video and you will be paid for it.
- Selling merchandise: It is one of the most popular ways to earn money through this video-sharing platform. If you have a vast interactive fan base on YouTube, and your fans support you and love your content. You can start your own unique line of merchandise. You must ensure that the products are of high quality and easy to use. This will attract more fans and will earn you a lot of money. Moreover, you can promote your merchandise in your videos too.
- Crowdfunding: To most of the user’s videos alone are not able to earn enough money, so they try new and different options such as crowdfunding to earn some cash. The basic idea of crowdfunding is that if you want to support any YouTube creator you can give them money and in return, they give you some perks. The more videos you create, the more money you can earn.
- Affiliate marketing: It is a trending way used by many creators to earn easy money. In this method, you can promote any product by referring to it in your videos and encouraging your audience to buy it. Brands hire you to promote their products on your YouTube channel, and when any person clicks on the link you provided and purchase the product, you receive commission. The bigger your fan-base, the higher your commission would be.