There are a lot of ways to make money on YouTube and YouTube is one of the best places to have permanent income because you can utilise a lot of diverse options.
We are going to talk about a few options which will help you earn a stable income on YouTube making YouTube your permanent source of income.
These techniques are used by nearly every influential creator on YouTube and these techniques are utilised individually or in different combinations depending on preference.
DIFFERENT WAYS TO MAKE MONEY ON YOUTUBE
We are going to divide the types of income on YouTube based on two categories and one is going to be the official way of earning money directly from YouTube and the next is going to be the unofficial way.
OFFICIAL WAYS TO MAKE MONEY ON YOUTUBE
ADVERTISING REVENUE
This is probably one of the best ways of earning money on YouTube and this is probably the way in which most of the creators and money and it is through advertising revenue.
It is basically revenue from the ads that your visitors have watched. It is often known as ad revenue and every creator aims to enable it after they create a YouTube channel.
CHANNEL MEMBERSHIP
You might have noticed a ‘Join’ button on every YouTube channel or on the major YouTube channels because this is where visitors join and support their favourite creators directly.
This helps the creators with a steady income and it also lets the creator offer special perks, additional content and special goodies to the channel members.
SHOPPING
While this is not as popular as the other ways of earning money on YouTube but this is also a good way to earn if you are a popular creator with a lot of following.
This is basically where you can host your merchandise for your viewers to buy and popular creators create shirts, hoodies, cups and a lot of other goods for the subscribers to shop directly from YouTube.
SUPER STICKERS AND SUPER CHAT
You might have noticed that there are a lot of popular live streamers on YouTube and when you click on such a live video you might see the chat section with a lot of people commenting, you can find that a few comments are highlighted with some money next to them. This is super chat and super stickers and this enables people to support their favourite creator when they are doing a live session as a way for the commenters to get noticed.
While this might not be the most popular way of earning money but if you are a big creator with a lot of following then all the support can add up to a good amount of money.
SUPER THANKS
While this might seem like super stickers or super chat but this is not for a live session but it is for regular videos where you can pay the creator to have your comment highlighted.
This is one of the rarest ways of earning money on YouTube but it is still a way of earning money for creators.
YOUTUBE PREMIUM REVINUE
You might be aware of YouTube premium where you have to pay a small amount every month and you get features like no ads on any videos and background playback. So you might be wondering how do the creators get paid because their premium subscribers and not watching ads.
This is where is a certain amount of the premium member’s premium free is divided among the creators they watch. While the amount is not a lot because there are not a lot of premium members but it is certainly another way of earning money on YouTube.
UNOFFICIAL WAYS TO EARN MONEY ON YOUTUBE
PROMOTIONAL CONTENT
This is one of the largest sources of income for a lot of creators because this is when creators get paid directly by companies for promoting their products. However, there are laws where the creator must specify if a certain video is being sponsored by some company.
While we have decided to name this section as unofficial ways but this is a legitimate way of earning money on YouTube.
AFFILIATE MARKETING
Affiliate marketing is when creators showcase some products and review them. These products might or might not have been promoted and they ask you to ‘check out the link in the description’ to all the products.
That link is an affiliate link and is one of the best ways of earning money because it does not cost the subscriber anything because they will simply on the link and go to the eCommerce website to purchase the product. Clicking on that link will enable the creator to get a little amount of the purchase.
This type of marketing is facilitated by every major eCommerce platform where using a certain link to buy a certain product will ensure that the creator gets something too.
SELF-PROMOTION
Perhaps you have your own E-Commerce platform or perhaps you have your own product that you want to sell or your own company with services that you provide.
YouTube is one of the best ways to promote your business and it is a great platform to make sure to bring traffic to your own business from your YouTube channel.
We have decided to include this because this is also one of the major ways of earning money on YouTube where creators promote their own company and their own products and services whereby subscribers and viewers visit the creator’s website after watching a YouTube video.
These were all the major ways of earning money on YouTube and we hope this blog will help you understand how to make money on YouTube. However, you might have noticed something and that is, in order to make money on YouTube you must have a popular YouTube channel with a lot of subscribers and a lot of reach.
If you are someone who is struggling on YouTube and simply does not have a lot of subscribers or a lot of viewers then instead of spending money on promoting your YouTube channel with limited growth you can do something a lot better and we are going to help you with it.
We are Socials Panel and we are the industry-renowned social media services company where you can buy all the YouTube growth and reach that you need.
Yes! You heard that right. Buy all the YouTube subscribers, comments, views and likes that you want at the most affordable rates in the industry and we will make sure to deliver them to you within three days in an organic way.
We welcome you to check out our services.