If you’re here, chances are you’ve dreamed of quitting your day job and making a living from vlogging, just like so many others. Thousands of people do it, after all! You must, however, know how to make money from your Vlog if you are serious about doing so.
I’ll show you how to make money from your vlog in the sections below. However, there is one caveat: these will only work if you already have a following. You must first get your vlog out there, and then you must gain some views before you can begin earning real money.
But don’t be put off by this! Just keep it in mind as you go through these suggestions:
Ways to Make Money Vlogging
1. Use Google Adsense to play ads on your videos
Almost everyone is aware that you may profit from your YouTube channel’s advertisements. This is accomplished through the use of Google Adsense. Because Google owns YouTube, Adsense is seamlessly integrated into YouTube videos. The ad is created by YouTube, you generate the material, and the money is deposited into your bank account.
How does it function?
You’ll probably notice some form of advertisement every time you watch a video on YouTube. These may be integrated, or they could be banner advertisements, text ads, or even survey questions. Advertisers pay a price for their material to appear on YouTube. The content producer receives 45 percent of the revenue every time someone interacts with the ad, such as by clicking on it.
How can you make money with this?
To begin, there are a few prerequisites that your YouTube channel must meet, which include:
- You must adhere to YouTube’s monetization regulations.
- You must reside in a country that participates in the YouTube Partner Program.
- You must have logged at least 4,000 watch hours in the previous 12 months.
- You’ll need a minimum of 1,000 subscribers to get started.
- You’ll need an AdSense account to get started.
Second, you’ll require excellent content. If you make a video that engages the audience, they are likely to leave you a positive review, which will encourage additional people to watch it. Advertisers are taking notice! The more hits you get, the more likely they are to want to advertise with you – and the more likely you are to make money from those advertising.
Millions of people will watch popular YouTube videos. We’re talking substantial money for the content provider if even a small percentage of those people click on the ad – even if it’s by accident. Because videos on YouTube are virtually indestructible, they offer a reliable source of ongoing revenue for content creators.
2. Affiliate Marketing
Making money on YouTube is as simple as using affiliate networks to promote services on your own videos. Posting referral clicks to advertise a product or service on the internet can earn you a lot of money.
One of the most well-known affiliate schemes for monetizing your vlog is Amazon’s Affiliate program. The idea is straightforward: You write a review, discuss, or promote a product, post a link to it, and get paid if someone buys it.
However, it gets even better! Amazon has a “cookie” that lasts for 24 hours. Let’s say you’re promoting a palette of eyeshadows and someone clicks on the link. The person examines the item but decides not to purchase it. However, a few hours later, she discovers a link to a lipstick she really must-have. She adds it to her shopping cart and purchases it. What’s more, guess what? You’ve just received a payment! You get a part of the sale whenever someone buys goods – any product – on Amazon within 24 hours of clicking on your link.
It’s simple to join the Amazon Affiliates program. To sign up for Amazon Affiliates, simply click this link. All you’ll need is a website or an active YouTube account.
So, what is your earning potential? Again, it is dependent on the amount of traffic you receive. However, there are people that earn tens of thousands of dollars every year simply by being Amazon Affiliates.
A word of caution: Don’t convert your vlog into a product placement advertisement. The viewers will be turned off. Make sure the things you review or promote are in keeping with your brand.
3. Release Your Own Merchandise or Product Range
Your admirers will desire to be just like you if you have a strong fan following. Why not take advantage of this by launching your own product line?
T-shirts, pens, sunglasses, novels — you name it! – have been released by some of the most successful vloggers. These are folks who already have a fan base, a group of people who are eager to buy anything with their brand or name on it.
If you aren’t quite ready yet or don’t want to spend a small lot on your own gear, there are a slew of firms that will take care of everything for you. Simply create a cool design that your audience would enjoy, and then have it printed and shipped by a company like TeeSpring. You may get as few as 10 shirts with TeeSpring. They’ll take care of the rest, and you’ll get a percentage of the profits.
This is another excellent approach to monetize your site. Assume you have a gaming-related YouTube channel. It’s noticed by a headphone producer, who decides it’s a natural fit. They make an offer to you: I’ll pay you to use and suggest my product. You need headphones as a player, and if their product is something you believe in, why not earn money by endorsing it?
In most cases, a sponsor will initially request that you write a review of a product or service on your blog. Be sincere and honest; there’s a lot of pressure to gush about every product, but if your viewers don’t believe you’re being honest with them, they’ll tune out.
Many bloggers and bloggers are asked to provide reviews in exchange for things or money on a regular basis. If they don’t approach you, take the initiative and approach them. If you think a firm would be a good fit for your vlog, approach them for help. Inform them about your blog and its demographics in a professional manner (subscriber count, social media following, etc.)
If it sounds like too much work, use a go-between like Grapevine or FameBit to do it for you. These are businesses that help vloggers connect with sponsors. To be qualified, they usually recommend that you have at least 1,000 subscribers or 2,000 views for each video.
There are a few different models of sponsorship available. These include:
- Affiliate sponsorship entails recommending a service or product to your audience in exchange for a commission. You get a percentage of the sale every time a viewer buys the service or product.
- Companies may pay you a lump amount to advertise or evaluate a product over a video or series of videos after you’ve acquired a following.
- Sponsorships for collaborations or brand deals – This is the gold mine of sponsorship opportunities. In exchange for ongoing financial assistance, you become a brand ambassador. This kind of assistance might persist for months, if not years!
5. Donations & Funding
Do you know what Patreon is? Patreon was created to allow your most ardent supporters to become your patrons. In exchange for access to exclusive content, they’ll make a donation — either a monthly cost or a per-video fee. Set up a Patreon channel once you’ve built a following to allow your top admirers to pay directly to you!
6. Create a course
Have you ever fantasized about having the glitz and glam of a teaching job without the burden of grading papers? Okay, that was sort of a joke. YouTube, on the other hand, has become a go-to place for how-to, crafts, and DIY videos. On YouTube, you can learn anything!
However, one of the platform’s flaws is that there is rarely long-format information for learning something in depth. This is where Udemy enters the picture. Udemy is known for its classes, which provide in-depth training through a series of video lectures. These lectures deliver a lot more knowledge for a low price, usually between $10 and $40 (but how much you charge is entirely up to you!)
How can you use Vlogging to make money on Udemy?
First and foremost, provide something of value on YouTube. Use a vlog to sample longer content, then lead visitors to your Udemy course for further information. Every user who finds your Udemy course through your link earns you 100% of the course fee. Even if they find it by accident, you’ll still collect a commission of 45 percent of the course charge.
Hundreds, if not thousands, of people, have seen popular Udemy videos. Making money by giving an Udemy lecture is a fantastic way to do it. The normal caveats, however, apply: Make sure you’re providing good value for your money. Make sure the knowledge you’re giving is useful, relevant, and worth the course fee. You’ll lose viewers if you don’t do so.
Making a profit Vlogging isn’t easy, but it’s also not beyond your abilities. There are many people who have perfected the strategy of making money on YouTube, and you can follow in their footsteps. Begin today to put yourself on the path to true YouTube monetization.