4 Ways to Make Money on YouTube Without Depending Completely on AdSense

  With roughly 2 billion people registered as active users, YouTube stands tall as one of the biggest social networks in the world. It’s certainly the leading platform for video content. YouTube’s scale doesn’t just make it a good place to communicate with large audiences, it also has commercial potential as well. But in order to maximize the amount of revenue that can be made through YouTube, it’s important to be creative with marketing and sales strategies.

Think Outside the Box:

Social Media Expert Paige Cooper explains that, “ad revenue is the most obvious way to make money on YouTube. But it’s not the only way—or, to be honest, the best way. YouTube revenue relies heavily on AdSense. In simple terms, YouTubers get paid for each ad-view on their channel. But rates vary across geographies, demographics, and even industries.” Here are a few quick tips on how to diversify proceeds made through YouTube:

1.    Drive Traffic to an External Profitable Website:

YouTube channels don’t have to stand alone as the only monetizable resource for content-creators. Setting up a system of multiple websites/external accounts can broaden where audiences engage and transact with content-creators.

2.    Sell Merchandise Through Your Channel:

YouTube is a great place to advertise merchandise within the videos uploaded to the platform. Encouraging audiences to check out proprietary merchandise establishes a unique revenue stream.

3.    Use Crowdfunding to Facilitate Channel Growth:

Selling merchandise isn’t the only way to obtain financial endorsement from audiences. It’s also possible to solicit donations of capital from viewers instead. Asking audiences for financial support is one method of creating a community that feels invested in helping the channel grow.

4.    Charge Viewers for Exclusive Content:

Creating layers of exclusivity with posted videos can generate unique revenue opportunities. YouTube has privacy settings that make it possible to pick and choose viewers for private or unlisted videos. These settings can be used to create content that’s strictly for sale.

Conclusion:

Making money on social media is all about versatility. It’s about establishing a fixed presence on social media platforms, while also channeling audiences to alternative points of sale outside of the platform. This takes planning, it takes persistence, and it takes organized promotion.  If you like what you just read from our blog, you’ll love the various informative courses, workshops, and events listed on our websites and social media. Whether you’re interested in personal development, or the overall improvement of your business, give us a call at 1 (800) 913-0222 to find out how Richard Martinez can help you break past your daily struggles and start soaring in success.