It is evident by many of the studies that around five billion of the YouTube videos are watched every day. So, this section mainly discusses the 7 best ways on how to make money on YouTube in 2020.
- Earning From Ads By Becoming A YouTube Partner
Ads form the most important revenue stream for many YouTubers. But, this is possible only by becoming a YouTube partner.
The YouTube rules to become a partner say that your videos must complete a minimum of 4,000 video watch hours on your channel along with 1,000 subscribers within the last 12 months. This seems to be difficult but can be easily achieved if you make YouTube Viral Videos.
- Using Affiliate Links On YouTube
Promotion of the affiliate links can be a great earning opportunity for the channels that are involved in offering insightful product reviews and in-depth tutorials. You will start earning commissions in case you recommend a specific product and a user visits your link to buy.
- Making Money On YouTube With Funding From Your Fans
In case you have built a loyal fan following, then you should encourage them to fund your channel which will increase your profits.
- Mastering Your YouTube SEO
This year, the YouTubers who have not built a significant following yet, have to step up their game and focus on maximization of their YouTube SEO. In order to do so, all that you need is to perform keyword research. Also, it is very important for you to use high-value keywords in your video tags, description and video title.
- Making The Most Of Your YouTube Marketing Funnel
It is very important to optimize your YouTube channel for sales. In this regard, you need to choose your niche, become a YouTube partner and thereby start planning your marketing funnel.
- Becoming An Amazon Influencer
In recent days, the Amazon influencer program is becoming more popular. This helps to maximize your YouTube presence in order to make money via Amazon recommendations.
Once you join the program, you can possibly review and recommend products and direct your viewers to Amazon to purchase via Amazon recommendations.
- Exploring Extra Gains From YouTube Red Subscribers
YouTube Red specifically allows users to pay $9.99 for ad-free viewing of YouTube videos. So, even without ads, it is possible for the content creators to generate money. On the basis of view time, they make 55% of the revenue.
There are again mixed reviews on whether YouTube Red decreases or increases CPM rates. Your watch time matters with YouTube Red and so, all that you need is to check your YouTube Analytics to view your statistics such as video engagement and watch time.
So, it is seen that there are plenty of opportunities in which you can make money on YouTube. All that you need is to possibly increase YouTube subscribers count in order to maximize your earnings. Along with that, your YouTube Viral Content also contributes to increasing your YouTube income.