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Saturday, February 20, 2010

6 Ways to Make Money with Youtube

There are actually many ways of making money with Youtube. One of the methods is explained in my tutorial. I know many are still wondering whether or not making money with Youtube is even possible. This article is an overview of all the methods I know. I will explore and write more detailed articles for each option mentioned here. If you want to share something, please leave a comment :).

1. Video units
This is an easy way of making money online for both Adsense publishers and independent video producers (or partners). How does it work? Publishers customize Youtube players with specific video content owned by partners. Once the players are embedded on sites/blogs, little ads, which can be texts as well as graphic banners, are displayed both above and below the video. The video units’ player has an interface that enables a viewer to scroll and browse through numerous videos as well as ads. At the end, both Adsense publishers and Youtube partners will receive a share of the ad revenue. So you can be either a publisher or a partner. This brings me to introduce the second method.

2. Become a Youtube partner (provide good video content)
If you create original videos suitable for online streaming, you upload videos that are watched by thousands of Youtubers on a regular basis, and you own the copyrights of all video and audio content you upload, or at least have permission to use and monetize somebody else’s materials, maybe you should start thinking about joining the Youtube partnership program. The size of your audience (subscribers) is also an important element when your channel is being reviewed for acceptance. As a Youtube partner, you will be able to share revenue generated from relevant InVideo ads on your videos and banner ads displayed next to your videos. Please understand that getting accepted is not easy. How much do partners get paid? As I’m not a partner, I can’t really tell with certainty the exact amount. However, I’ve read on the net that it’s between 2 and 5 US dollars per 1k views, which may seem like not much for some, especially if you get 2,000 views everyday. But it all changes when it’s “millions of views” that we are talking about. Some partners have even quit their jobs to work full time on their channels. This gives you a little idea on how much they make.

3. Run affiliate ads on videos
You can either watermark your videos with your site promoting an affiliate offer or redirect your viewers to your affiliate page by including the link in the description areas of your videos. For example, if you have music videos, you can sign up to an affiliate program that sells ringtones. I’m sure you’ve already seen those videos that have little annotations that show you a link where you can download the ringtone for the video.

4. Start a video blog
You can start a site or blog that features Youtube videos, and write review articles commenting on videos you embed on your pages. This is probably a good way of creating content without really spending much time and effort. You can then monetize the blog by running Google ads (Adsense) or promoting the affiliate program of your choice.

5. Advertise or promote your own products
How does the idea of promoting your own products or items on Youtube sound? You can reach potential buyers on Youtube. So all you need to do is to upload advertising videos and link them to your site.

6. Drive viewers to your blog/website
This is the method you find in my tutorial. The idea is to drive some of your viewers to your blog or site by watermarking your videos and including your link in the descriptions. Your source of income would be Google Adsense or other affiliate programs.

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