How to Make Money on YouTube 2020 (Step by Step Guide for Beginners)

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How to Make Money on YouTube 2020 (Step by Step Guide for Beginners)

How to Make Money on YouTube 2020 (Step by Step Guide for Beginners)

How to Make Money on YouTube 2020 (Step by Step Guide for Beginners)

How to Make Money on YouTube 2020 (Step by Step Guide for Beginners)

Do you know that you can cash in big like Lilly Singh and the likes who have mastered how to make money using YouTube, and have amassed as much as $10 Million in just a year.

Can you beat that?… Do you even doubt its possibility?

Well, see proof below if you doubt this.

Lilly Singh makes more than $10 million from YouTube

Now, because you are here, I will make sure you learn all you need to know on how to start your journey in making money on YouTube, legitimately.

This secret strategies will serve as an eye-opener and a guide on how to proceed from point A to point B.

As a YouTube beginner, some years back I couldn’t find any precise guide on this topic. So I just want to share basic, simple information and ideas to the beginners who want to make money on YouTube what I have learned in these years.

Not only for the beginners but to anybody who wishes to improve their YouTube channel.

So if you want to try your own YouTube channel and if you are a beginner this guide is for you also.

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In this guide, you will come across different Ideas/Topics for YouTube channel, how to create and monetize the channel and how to gain more subscribers.

Hope this guide will help you.

Steps on how to make money on YouTube

Step 1: Setup and build your YouTube channel

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Your channel is your personal presence on YouTube. Each YouTube account has one channel attached to it. A YouTube account is the same as a Google account, and creating a YouTube account will grant you access to other Google products, such as Gmail and Drive.

Create your account or use your existing one. Add keywords to help people find your channel.

You can add keywords by navigating to the Advanced section of your Channel Settings. Make sure that your keywords are relevant to your content.

Your username can also work for or against you. If it’s short, easy to remember, and original, people will be more apt to remember you.

However, if you are using an existing account, you can always change your username by editing it on your Google+ account.

Creating a YouTube channel using your Google account If you have a Google account, you can watch, share YouTube content.

But you need to create a YouTube channel to upload videos, comment, or make playlists.

You can use a computer or the YouTube mobile site / App to create a new channel.

Here are the steps:

  1. Go to YouTube and sign in: Head over to YouTube.com and click ‘sign in’ in the top right corner of the page. Sign in using your Google account username and password.
  2. Go to YouTube settings: In the top right corner of the screen, click on your profile icon and then the Setting icon.
  3. Create your channel: Under your settings, you’ll see the option to “Create a channel,” click on this link. Next, you’ll have the option to create a personal channel or create a channel using a business or other name. For this example, let us choose the business option Now, it’s time to name your channel and select a category.

Creating a proper YouTube channel is not a big deal, here is a detailed guide to setting up a Youtube Channel.

You might be asking right now, out of thousands of YouTube channels and accounts, how does your channel stand a chance to be seen?

Well, you need not to bother because this is one of the challenges our students have been able to solve using us our SEO strategies for YouTube. You can learn how you can master this simple technique also, click on this link to learn about our modules and get started with optimizing your YouTube channel for the Top position

Step 2: Add content

Upload content Youtube

Try to upload content that is high quality, and isn’t super long. (This option can vary depending on what type of content you decide to upload).

Also, try to upload regularly and stay consistent with your uploads.

Even if your content isn’t great at first, keep at it. Practice makes perfect. Try to make each video better than the last. You will often learn as you go.

Improve your content by either using a better camera or trying better editing software or techniques.

Also, try to improve the way things are filmed. Use a tripod, have a friend help you or light your scenes better. It all helps for a better end product which in turn helps you get a better audience.

By uploading regularly you can help hold an audience.

People are more likely to subscribe if you add content on a regular schedule, and maintain that schedule as much as possible.

Make sure to tag your videos with keywords that describe the content, as well as an eye-catching description. These will help drive people to your video from YouTube searches.

Step 3: Build an audience

Build audience YouTube

Building an audience is key to increasing your monetization. You need people to watch your ads in order to make any money off of them. There is no one secret to getting more subscribers, just make the best content that you can and they will come to you.

Keep uploading content and try to get people hooked. Send your video out on Twitter and Facebook. Share it with people. Distribute it elsewhere on the internet. Subscribers are essential to becoming a partner.

Interact with your viewers by responding to comments and making occasional videos directly related to viewer comments and questions. Connecting with your community will bring more members into that community.

Building an audience is key to increasing your monetization.

You need people to watch your ads in order to make any money off of them. There is no one secret to getting more subscribers, just make the best content that you can and they will come to you.

Keep uploading content and try to get people hooked. Send your video out on Twitter and Facebook. Share it with people.

Distribute it elsewhere on the internet. Subscribers are essential to becoming a partner.

Interact with your viewers by responding to comments and making occasional videos directly related to viewer comments and questions. Connecting with your community will bring more members into that community.

Step 4: Monetize your videos

In order to start earning money on your videos, you’ll need to enable monetization. This means you are allowing YouTube to place ads in your video. This also means that you acknowledge that there is no copyrighted material in your video.

  1. Go to www.youtube.com and click “My Channel” on the webpage.
  2. Click the link called “Video Manager” on the top bar.
  3. Click channel and Enable on monetization.
  4. Get at 4,000 watch hours and 1,000 subscribers

Step 5: Get at least 4,000 watch hours to start earning money.

You can monetize a video as it uploads by clicking the Monetization tab and checking the “Monetize with Ads” box.

To monetize a video after it has been uploaded, open your YouTube Creator Studio, select the channel drop-down and click the Monetization to monetize your videos.

youtube monetization

Get reviewed after reaching 4,000 watch hours in the previous 12 months and 1,000 subscribers

Upon reaching this threshold, your channel is automatically reviewed to make sure it complies with the YouTube Partner Program terms and their Community Guidelines. Youtube will email you a decision, usually within a week.

Now, this is the tricky part, reaching even a thousand views on YouTube can be quite a challenge because you have to master the law of engagement, and you can only get such engagements on your videos when you can hook your viewers using our engagement strategies for visual contents.

But the good part is that with our course, you will master this strategy and will not find it hard to hit even 10,000 watch hours for your videos.

Click here to learn about our modules + other 5,000 YouTube subscribers strategies.

Step 6: Set up Google Adsense

youtube adsense

You can set up Google AdSense for free at the AdSense website.

Click the “Sign Up Now” button to begin creating your account. You must be 18 years or older to create your own account. If you are younger than that, you will need an adult to help you.

You need either PayPal or a bank account and a valid mailing address as well as other information so AdSense can verify who you are and who to send the money to. You only gain money per ad click and a smaller amount per view but it adds up over time. This is why having an audience is key.

And because you know that this is dependent on your audience, you will learn from our training how our students reach their first 1,000 subscribers which turn to their first money off YouTube.

Awesome right?

Step 7: Check your analytics

Youtube analytics

Once you have some videos online, monetized, and being viewed, you can check out the analytics on them to see how they are performing. Click the Analytics option in your Channel menu.

Here you can view estimated earnings, ad performance, video views, demographics and more.

Use these tools to see how your content is resonating with your audience. You can change your content or your marketing if you’re finding that you aren’t attracting the users that you want to.

Step 8: Market your videos elsewhere

video marketing

Don’t put your videos just on YouTube! Start a blog, make a website or post them on other video or social media sites.

The more views it gets, the better. By sharing the link or embedding the video on the internet, you are increasing the chance of it getting noticed.

Now, we have an existing blog post on how you can even get free traffic to your business (businesses like Affiliate Marketing through  YouTube channel) by using online directories that have a minimum of 12 million monthly visitors.

Imagine how such a number of visitors can boost your watch hour on your YouTube channel…

However, read on to find out how you can get this done.

Step 9: Become a YouTube partner

Youtube partner program

YouTube Partners are YouTube members who have monetized videos with a large number of viewers. Partners gain access to more content creation tools and can win prizes for the number of viewers they have. Partners also get access to much more community support and tips.

You can apply for a YouTube partnership at any time through the YouTube Partner page.

In order to gain access to the most powerful Partner programs, here is a guide:

  • If your channel has previously been in YPP: When you reach the program threshold, your channel will be automatically re-evaluated under the new criteria. You can check your monetization status at Creator Studio > Channel > Monetization.
  • If your channel has never been in YPP: Follow the 4 steps to join the YouTube Partner Program from your account in Creator Studio. Once your channel reaches the program threshold, you’ll be reviewed to join.

Step 10: Increase your YouTube revenue with affiliate marketing

Affiliate Marketing on YouTube

Affiliate marketing” means selling products in exchange for a commission.

Hundreds of thousands of companies offer attractive deals to affiliate marketers who promote their products/services.

What is YouTube Affiliate Marketing?

YouTube affiliate marketing is the process of creating videos and placing affiliate links in the actual videos (via annotations) or in video descriptions, which includes links to products you review and use in your videos that will track a purchase.

If someone makes a purchase using your affiliate link, you receive a small commission for the sale.

You can Sell/Promote others’ products as an affiliate marketer, where huge companies, Jumia, Konga, Amazon, and eBay, to smaller companies offer good deals to promoters.

Additionally, as a Nigerian… there are many affiliate networks you can join and I have covered many of them in this post about affiliate marketing programs.

Here are some ideas to make money through YouTube affiliate marketing

  • Product Unboxing – In these videos, you can simply open a product in a YouTube video, showing viewers exactly what’s inside the packaging. Then provide the affiliate link to that product website, where it is available for sale online.
  • Reviews – YouTube reviews are another great way to relieve buying anxiety and provide an affiliate link.
  • Training videos – Lastly, many affiliates make money by simply training viewers how to use a complicated product, and then sending those educated leads to their affiliate link.
  • Comedy videos: These are funny videos made in an attempt to make people laugh. These types of videos are very engaging and can drive massive traffic o your channel. E.g Mark Angel Comedy, Ay Comedian etc
  • News: News channel is another type of channel that is popular and can gain viewership in no time. You can cover breaking news, multimedia, reviews & opinions, business, sports, movies, travel and more. E.g NaijChannels etc

 

So there you go! 

I hope this guide helps in your adventure to start earning money on YouTube.

We have a digital marketing course that helps you learn more about how you can start affiliate marketing, drive massive traffic and make more money online.

Then again do you know you can channel up to 12 million visitor traffic to your YouTube channel by just using one of the most visited platforms, and the good thing is that you can find Niches related to your YouTube channel to make it easier.

 

Now, one of the good things about these strategies is that while you make money from your YouTube channel, you can even monetize all you will learn from the digital marketing skill institute training which is strategy-packed + all you have learned here.

Now, how you monetize this is based on your choice. Either as a YouTube expert who helps businesses leverage YouTube to make sales for their business, or even train others on all you have learned.

Let me show you one of our trained students who actually make money rendering services to other businesses using the strategies we have taught her.

 

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