5 billion – this is the number of YouTube views on YouTube videos being watched all across the world, every single day. The number, if anything, is an indicator of the incredible opportunity that YouTube, as a platform has to offer.
Guess what? With the digital shift all set to be the biggest phenomenon of the 21st century, this number is going to go up further, many folds. Therefore, concerting this opportunity offered by YouTube into a real business, and learning to make money on YouTube can prove to be the best skill to acquire in the 21st century.
We are going to show you 3 incredible ways to make money on YouTube in 2020. Believe us, it’s simple, easy, and has high returns. Let’s see how!
1. Affiliate Marketing, via YouTube
Affiliating is one of the best ways to make money on youtube in 2020. The best part is that the money that you make through affiliate partnerships is far greater than what you would get through the other ways of monetization on YouTube.
How does it work? You make tutorial/ how-to or product review videos on your youtube channel, and recommend certain products/services in the process. In addition, you provide the links to buy those entities, to your viewers. Whenever a viewer uses your affiliate link to buy that product or service, you earn a commission.
Note – More is the number of Youtube views you get on your videos, more will be chances of affiliate conversions and the rates of payout. Therefore, it is important to work on getting more YouTube views.
2. Become a YouTube Partner Content Creator
This one is one of the most popular ways of making money on YouTube, and a majority of YouTubers earn from this source itself. It is good because it is a simple and sure short way of making money. When you have enough YouTube views and watch hours on your channel, you can become a YouTube partner and let YouTube place adds on your content. More is the number of youtube views, the more you get paid.
However, the downside of this method of making money is that the payouts are never too big. YouTubers eventually diversify to other sources of making money on youtube, and never rely solely on what YouTube pays them. However, it is an excellent way to start off your YouTube money-making journey.
3. Work on Your YouTube SEO
The third best way to make good money on YouTube, in the long run, is to work on the SEO of your YouTube videos as well as that of the channel as a whole. Good SEO of your content would mean that more and more people will be able to discover you on youtube through a simple search, which would translate to more YouTube views on your videos.
Moreover, no doubt, once you start getting a substantial number of regular views through search, no one can stop your channel from growing. More views also mean that you can use other ways of making money on YouTube to your best advantage, and maximize your earnings.
YouTube, no doubt, is one of the best, if not the best way to make money online in 2020. The ways of making money on youtube are numerous, but it’s important to identify which one works the best for you and build a strategy around it. Nevertheless, YouTube views form the core of every method of making money on YouTube. Therefore, garner as many youtube views as you can (or buy youtube views from a credible source), and give a headstart to your journey on YouTube. We wish you all the best.