In recent years, many people have discovered how to make significant amounts of money by uploading videos to YouTube. While there are thousands of people who make modest amounts of money on the video sharing website, there is also a significant amount of people who make large amounts of money just through YouTube. Humor is still king when it comes to Internet videos, but even some educational, informative, or profound video bloggers have managed to make large sums of money on the site. Here is a guide to making good money on YouTube:
Content
No matter how brilliant your marketing scheme is, you won’t have any success if your content is poor. YouTube is a universe of short attention spans, which is why most people who have fiscal success there only upload videos a few minutes long. If your video doesn’t entertain the audience in the first 30-45 seconds, they’ll click on another video. So the first key to making money on YouTube is to have the ability to consistently create quality content.
Promote
If you’re going to make money on YouTube, you can’t be modest. When you upload a video, tell everyone. Post it on Facebook, multiple times. Upload it to your Twitter profile, email it to your relatives, etc. And each time you do this, encourage your friends and family to share the video with their friends and family. In order to get viewers—and subscribers—you have to shamelessly promote yourself. This will create a snowball effect: if your videos are good, you show them to ten people, they show them to ten people and so on.
Team Up with other You Tubers
A great strategy for gaining views is to make videos with other YouTube video bloggers. This is helpful because you will be able to introduce yourself to their audience, and vice versa. A commonly suggested tip is to try and make videos with people of similar success rates, because they’ll benefit as well and will be more likely to join forces. In other words, if you have 10,000 subscribers, make a video with another person who has 10,000 subscribers; as a result, both of your channels will grow.
Momentum
On the Internet, momentum is key. You don’t need to upload daily videos, but you can’t take months off or you’ll lose your following. As your subscribers grow, you have to keep your foot on the pedal; if you do, your success will grow exponentially. And if you don’t, it will plummet.
Monetize
Once you have a following, then you can begin to monetize. The primary way to make money on YouTube is through advertisements. If you have multiple ads on your videos, you will make roughly $2 for every 1000 video views. That doesn’t seem like a lot of money, but to people who have built up huge followings, the dollars ad up very quickly.
After you’ve had solid success on YouTube, you can begin to cash in on endorsements and partnerships. Many YouTube stars sign endorsements for six figures.
Making money on YouTube is all the rage these days. It’s not easy, but it can be done if you keep these steps in mind. And if you do it right, you could end up with a fat wallet.
Byline
Art Bloomfield is a freelance writer who focuses on the internet, gadgets, mobile phones, video games, web-based businesses, computers, accessories and other related topics; iPad owners in need of accessories should consider the kensington ipad keyboard case.
Image credit goes to jm3.