How to Turn Your YouTube Channel Into a Money-Making Machine

in #business2 years ago

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I’m about to give you the exact step-by-step process I used to make more money from my videos than I ever have before, and turn my channel into the ultimate passive income machine that earns me more money in one month than my day job did after 3 years at it.

Introduction
If you're just starting out on YouTube, it can be difficult to know how to monetize your channel. However, with the right strategies and knowledge, you can turn your channel into a money-making machine. In this post, I'll discuss some of the best ways that you can start making money from your videos. If you follow these steps and implement them on your channel, then there's no telling how much money you could make.

Sign up for an AdSense account
To monetize your videos, you'll first need to sign up for an AdSense account. This is free and simple. Just log into Google, click on the Sign Up button, and fill out the form. You'll be eligible if you have at least $100 in annual revenue or more than 10,000 page views per month. Once it's approved (usually within 48 hours), they will provide a code that goes in the Monetization tab of your channel settings (see screenshot). The code might not work immediately because it needs time to update across their system; typically, this happens within 12 hours of approval.

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Create high quality content
The key to monetizing your videos is creating high quality content. This means making sure that you are producing videos that are going to be interesting and informative for your viewers, while also making sure you keep the production costs low.
When it comes to monetizing your videos, there are two main methods: sponsorships and product placements. Sponsorships allow companies who want their products in front of your audience members (and can afford the cost) to sponsor the video.

Get your viewers to subscribe
This video is the second part of a two-part series. If you want to learn how to start your own channel, check out the first video here! In this video I will be discussing the topic of getting viewers to subscribe. If people are subscribed they'll see all of your videos in their feed so it's important that you try and get as many people as possible subscribed if you want them to see everything that you upload. There are lots of different ways that you can do this but my favorite way is by creating a custom notification sound for my channel's subscribers with Chirbit.

Promote affiliate products
What this book will do for you:
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  • Teach you how I make 6 figures with my YouTube channel every year.
  • How I got started on YouTube and what makes me successful.
  • A step by step guide on how to get started on YouTube and monetize your videos.

Learn from other successful channels
There are plenty of ways to earn money from your YouTube channel, but the best way is by making videos that are engaging, entertaining, and educational for your audience. For example, Epic Rap Battles of History has made an estimated $10 million through sponsorship deals and views on their videos.
While you may not be able to pull in millions of dollars like ERB does, there are other ways to make money off your channel. One option is using affiliate links in your video descriptions or as annotations on the video itself.

Network with other creators
Join your local Chamber of Commerce! You can find these organizations in your area on the U.S. Chamber of Commerce website. These organizations exist to bring together businesses in the same industry and provide resources and support for members. For example, if you're a small business owner in the travel industry, joining the American Society of Travel Agents (ASTA) will enable you to network with other members who operate small travel agencies or work for larger corporations like Expedia or Hotwire.

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