The Beginner’s Guide to Make Money on YouTube | Get Started? (#2 Is Our Favorite)

Want to know how to make money from YouTube 2020? Here’s how you would do it!

Earning money while staying home has become a lot easier now as the internet is flooded with loads of options to make money. In all of these options, one of them is making money from YouTube 2020. YouTube is a platform that is used by many to showcase their talent and hence earn money from it. You, obviously, won’t become a YouTube celebrity overnight, but taking small steps towards your goal would, no doubt, make you popular (and rich) one day. If you want to monetize your YouTube channel, then here are a few ways that might help you do it.

How Many Subscribers Do You Need To Start Making Money From YouTube 2020?

In order to start making money from YouTube 2020, you would need a minimum of 1,000 subscribers for your channel (not fake) along with 1,000 true subscribers you would also need to have at least 4,000 watch hours in the past 12 months. If your channel meets this requirement, you are all set to start making money from YouTube.

Choose Your Niche on YouTube

Whenever you think of starting a YouTube channel, the first question that comes to your mind is, what will I do on YouTube? Well, often, selecting your channel niche is related to your hobby or passion.

How Does This Method Work?

Choosing your niche is a very critical first stage on YouTube, as, if you don’t choose the right role, you can end up making a fool of yourself hence messing everything up.

How Does This Method Work?

Now, how to choose your niche?

Are you a (good) bathroom singer? Show it to the world.

Do you have a good fashion sense and know what would suit better with a skirt? Tell it to the audience! You can even talk about various fashion brands fashion designers and everything about fashion in your YouTube Fashion Channel.

Are you an excellent chef and try to experiment on recipes? If yes, then you have your audience right on your mobile. Teach them how to cook, tell them various facts about cooking, or give them advices.

Do you have a humorous brain (like me)? Well, the platform’s yours! People nowadays show more interest in comedy than in any other field.

Are you good at copying…I mean, mimicking? Well, then let people know about it!

There exist numerous niches through which you can make money from YouTube 2020; you can make money from YouTube by doing what you love.

How Much Can You Make Through This Method?

With the above-mentioned niches (including the others not mentioned here), you can earn starting from a mere 7.6 thousand per year to even $20 million.

#1. Become A YouTube Influencer

Becoming a YouTube influencer is quite an easy job, to be honest. The more subscribers you get, the more famous you become.

How Does This Method Work?

The more subscribers you have, the more likes you get, and thus, you become more popular. To become a YouTube influencer, you will have to post genuine and valuable content on your feed. Having a great content, you get you more subscribers for your channel. You would also need to keep engaging with your followers and have to continue to create and post creative and valuable content that will interest your followers. And, the most important thing, is to keep posting on your channel, the more you post, the more engagement you would create.

Following this, your subscribers would further suggest their friends to follow you, and thus you would get more subscribers for your channels, thus becoming a YouTube influencer.

If you already have a fanbase on other social media platforms, you can ask them to subscribe to your YouTube channel too.

How Much Can You Earn Through This Method?

Amount of money you can make through this method varies on the number of followers and the number of views you get on your video, if you are a nano influencer (having 500-5,000 followers) you can earn up to $315, a micro influencer (having 5,000-30,000 followers) can earn up to $908, a power influencer (having 30,000 to 50,0000 followers) you can earn up to $782 and if you are a celebrity influencer (having 500k+ followers), then you can earn up to $3857.

#2. Make money by Teaching on YouTube 2020

If your friends understand what you teach, don’t keep your teaching skills limited to them; instead, showcase them on your YouTube channel to make money.

How does This Method Work?

In this tech-driven era, no one waits for the next day to clear their confusion or doubt from their teachers; instead, they would just surf on the internet and get their doubts cleared out. There come a lot of images, texts, and videos in just a few seconds of searching for your doubts or confusion.

If you have a passion for teaching (and can teach well), then you would become famous on YouTube easily. You can upload videos, teaching your audience about any particular subject like physics and math, teaching videos for competitive exams, different languages, curriculum courses, or any other single or multiple subjects which you have knowledge about.

You can pursue this part-time even.

How Much Can You Make Through This Method?

In this method, you can go from making $50-$100 per week to making $120k per year on YouTube.

#3. Sell Your Own Merchandise To Make Money From YouTube 2020

Selling your own products on this platform can be really very beneficial for you. As you would be interacting with your audience through videos, you can define your products more nicely and tell the audience the benefits of owning it. You can also tell them about its features through your YouTube videos.

How Does This Method Work?

Before you start making money through this method on YouTube, you will have to know what you will sell; it can be anything, handcrafts, T-Shirts, books, toys, etc. If you already have a product idea in your mind, you can simply start with designing your YouTube marketing strategy to sell it. Merchandise is a very viable way to make money from YouTube.

After you know what product you want to sell and have got a stock of it, you will have to create a website that you can directly link to from your videos on YouTube.

If you are a YouTube Partner (more on this in the next point), you can even use its shelf feature to sell your merchandise.

After you are done creating your product and have a landing page for it, you can easily promote your merchandise on YouTube and increase your sales, thus earning more money.

How Much Can You Make Through This Method?

If you get 5,000 views per month for your video, you can make between $1 and $20 AdSense alone and can earn up to $170 and $870 per month selling your merch.

#4. Become a YouTube Partner To Make Money From YouTube 2020

Becoming a YouTube partner will give you access to some special features on the platform. You don’t have to be a YouTube partner to make money on YouTube; you can simply make money on YouTube by setting up an AdSense account and getting views, but trust me, being a YouTube partner will make it a lot more easier for you to make money on YouTube.

How Does This Method Work?

In order to get access to special features (through which you can make money on YouTube), you will have to meet the YouTube Partner Programs subscribers requirement, which is up to 1000 subscribers and watch hour requirement, which is up to 4000 watch hours in the previous 12 months.

When you meet the requirement, you will need to link your AdSense account, and then you just have to explore new ways to monetize your blog.

In the YouTube Partner Program, you will get access to various revenue-generating ways, which include revenue through Ads, revenue through YouTube Premium, revenue through channel memberships, revenue through merchandise shelf, and revenue through super chat.

How Much Can You Make Through This Method?

In the YouTube Partner Program, you will get paid for various features like from ads, memberships, and all the above-mentioned ways, thus, your payment can vary depending upon the amount you earn from each.

#5. Create Sponsored Content To Make Money From YouTube 2020

Sponsored Content does work on YouTube, and on YouTube, the best part about sponsored content is that you won’t have to give a chunk of your earning to the platform.

How Does This Method Work?

If you can provide the brands with a large and engaging audience and if your content is relevant to their target market, then they probably will reach to you.

If you are having a huge number of subscribers or if you are a YouTube influencer, then brands might themselves reach you, or you too can contact them. After you have made a deal with the brand, all you need to do is promote them on your account. Always remember to be transparent about your sponsored content or ads; it should not violate Google’s ad policies or the YouTube guidelines for that matter.

How Much Can You Make Through This Method?

While your earnings would vary depending upon the number of subscribers you have along with the engagement and relevance to your potential partner. But, before signing a deal, always remember your worth and negotiate the right amount.

Conclusion

Following these methods, certainly, would be the best if you want to start making money from YouTube 2020. If you are new to YouTube, these methods will help you build a robust YouTube channel that would greatly influence your followers, and if you already have a YouTube Channel and want to monetize it, these ways would prove as an enormous help to you. All you need to take care of is that you showcase your skills rightly and to make your video interesting so that your audience would always come back to you. Hope this article would have solved your question of how to make money from YouTube 2020. So, get going with your YouTube channel, dear YouTubers!

Similar Articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Advertisment

Instagram

Most Popular

Online Productivity Tools for Students

Productivity and efficiency is the need of the hour. Being a student, you obviously might have so many assignments to complete, pending study of...

Ideas To Make Easy Money From Your Instagram in 2021

Social media not only make you popular but can also make you rich. There are so many social media platforms where you can earn a good sum for yourself, Instagram being one of them. Here is a how to make money from Instagram 2020 article which might help you make money on the platform.

Free Screen Mirroring Apps for Android

What is Screen Mirroring? Screen Mirroring is a technology that allows mobile phones, tablets, computer screens to wirelessly display the content from/on them on another...