Ways to Earn Money From YouTube In Nigeria
Hi! have you been wondering how to to Earn Online and also decided to choose YouTube as your niches never the lest we got your back covered on today edition we will be discussing on way on how to earn Money On YouTube.
YouTube stars are today’s self-made celebrities—people who have earned an audience by creating video content geared toward teaching, entertaining, reviewing, and being awesome on the web.
Most of these small-screen celebs do what they do just to do it, to scratch an itch for creating things, and being in front of an audience.
Making money might not be your reason for starting a YouTube channel, but the opportunities to earn are a pleasant surprise once you realize how many of them there
are.their fortunes. Let’s explore some of those questions.
Do you get paid for uploading videos on YouTube?
Content creators aren’t paid by YouTube for the videos they upload. Neither are videos monetized by default. For you to start making money on YouTube, you have to enable monetization in your YouTube account settings. From there, you have options to join the YouTube Partner Program or have your videos listed on YouTube Premium.
How do you make money from YouTube?
There are a few takeaways from the Forbes list, putting aside the millions of dollars made and subscribers gained.
First, YouTube channels can be monetized even if they don’t have millions of subscribers. Your earning potential isn’t determined solely by the number of subscribers and views you have, but also by the level of engagement you generate, the niche you cater to, and the revenue channels you explore. That’s not to say subscriber count doesn’t matter—check out our tips to get more subscribers on YouTube.
Second, this list of top 10 earners might give you the impression that the millions of dollars made comes directly from YouTube. In fact, each of these channels has its own line of merchandise. These channels found and built their audiences first, before launching their own merchandise. If making money on YouTube is in your marketing plan, the first step is the same for everybody: have a clear understanding of your target audience.
Understanding your audience on YouTube
Building your own audience puts you in a great position to monetize content in a variety of ways. But you’ll only be able to take full advantage of the opportunities you have if you understand the makeup of your audience.
For many YouTubers looking to monetize, the more niche your channel, the better position you’ll be in to work with brands looking to target specific audiences (more on that later).
YouTube demographic data
You’ll want to pay close attention to:
The gender of your audience, to see if it skews toward one particular group
The age range most of your audience falls into
The geographic location—countries or cities—where your videos are being watched
Your audience’s overall engagement, or “watch time”
With this demographic information at hand, you’ll have a better understanding of your own audience and be able to work better with brands. All demographic insight can be pulled from your YouTube analytics, but to compare your own channel against others, try a tool like Social Blade.
With that out of the way, we can start talking about the different ways your YouTube channel can make money.
How to make money on YouTube
Your audience might unlock your YouTube channel’s earning potential, as is often the case with Instagram influencers or bloggers, but it’s the creation of multiple revenue streams, through side hustles or businesses, that helps you make money.
Luckily, there are some creative ways to make money on YouTube:
- Join the YouTube Partner Program
- Sell products or merchandise
- Crowdfund your next creative project
- Let your audience support your work through “fan funding”
- License your content to the media
- Work with brands as an influencer
- Become an affiliate marketer
- Let’s take a deeper look at each of these streams.