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How to Make $1000 on YouTube — 3 Ways to Earn Money on YouTube-fQVmvQWV8XA

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How to Make $1000 on YouTube — 3 Ways to Earn Money on YouTube-fQVmvQWV8XA

so what are the best ways to make money
on YouTube this year YouTube has made
some major changes this year that have
been affecting people’s revenue but the
good news is I’ve got some fresh
money-making strategies and three case
studies on how to earn a thousand
dollars plus per month on YouTube coming
up hey what’s up Shawn here would think
media bringing the best tips and tools
for building your influence with online
video and on this channel we do a lot of
tech and camera reviews as well as tips
and strategy videos just like this one
so if you’re new here consider
subscribing so if you’re watching this
video you’ve probably heard about some
of the drama that’s been happening on
YouTube with what is known as the ad
pocalypse that really started in 2017
went through multiple phases and then
even the recent policy change that has
been affecting a lot of smaller creators
effecting revenue and then there’s
always constant changes with YouTube’s
algorithm and things like that and so it
brings up the question what are the best
ways to earn and make money on YouTube
in 2018 and recently we did a deep dive
YouTube masterclass going through a lot
of different tips and strategies for
YouTube but part of that training was on
three specific ways to earn a thousand
dollars per month on YouTube and a lot
of case studies of creators like you and
like me that are crushing it in creative
ways to really build their income so
let’s jump into the training right now
from that masterclass and then I’ll see
you right after the content let’s talk
about three creative ways to earn an
extra thousand dollars per month on
YouTube three creative ways to earn an
extra thousand dollars per month on
YouTube and I’m excited to talk about
YouTube ads first right so you’ve
probably been here for a while and I
would lie mean if you’ve been here for a
while maybe you already have a YouTube
channel you’re already doing some
YouTube ads this might be some repeat a
bit but let’s just go through it this is
how they work the typical CPM it could
be different in different areas
different niches different places around
the world and CPM means cost per Mille
it essentially means that you get $2
this is the average for every thousand
views you get it’s important to know
this math because then if you just think
about how much income you’d want to earn
if you were only focus on YouTube ad
just do the math right that’s the
average it might be less sometimes it
could be a lot more and we actually have
a good example of that so if your goal
is to earn a thousand dollars you would
need a half a million views to get a
thousand dollars now I really want to
hit this hard you might be here and
you’ve already heard about the policy
change for for the monetization program
on YouTube if you haven’t heard about it
what YouTube did to combat some
controversy with ads showing up on
videos that weren’t really advertiser
friendly they’ve changed the program to
now to be a part of it you need 4,000
hours of watch time and you need 1,000
subscribers over the past year now I’ve
heard people saying I understand this is
discouraging for some but I’ve heard
some people saying outrageous things
saying like YouTube is dead the ship is
sinking oh my gosh now it’s impossible
to succeed on YouTube that just couldn’t
be anything further from the truth based
on this fact but let’s just do the math
of these numbers so let’s assume and
understand this is just rough let’s
assume because it is kind of an average
on YouTube that the watch time of any
video is about 3 minutes so if the
average view equals 3 minutes I
understand it’s not perfect but this is
just illustrative I know you’re with me
the average view is 3 minutes to get
4,000 hours of watch time you would need
240,000 minutes this is to disqualify
for the YouTube Adsense program so you
would need 80,000 views got it so that’s
a lot but it is manageable and here’s
what your income would be off of a $2
CPM a hundred and sixty dollars and
here’s just kind of one of what I want
to say for people like I don’t want to
minimize that $160 is important money
but if you’re willing to give up on your
dreams for a hundred and sixty dollars
well then you probably shouldn’t be
going for this anyways because you like
let’s play a bigger game here can I just
talk straight let’s realize that like
that’s just gonna be a drop in the
bucket of your journey on YouTube that
you can get through that initial curve
and and realize that like the math on
even what you would earn by the time you
got to that place is 160 bucks
like just
go get a job and make the money
somewhere else you probably already have
a job and focus on building your
influence and monetizing in other ways
because that’s really just what it
breaks down to right that’s what it what
it takes to get through that initial
push so ultimately YouTube is my least
favorite way to or YouTube ads is my
least favorite way to earn money on
YouTube and something that for years I
just considered as like a tip jar I was
like I’m just not gonna focus on it cuz
it doesn’t add up to that much but if
you want to do this
the key strategy would be to get a lot
of views maybe that’s obvious but again
that’s the way if you’re gonna make
money with YouTube ads you need tons and
tons of views the good news is there’s
tons of people crushing it that have
small views but they’re monetizing in
other ways and that is our goal here but
I promised you write some case studies
James he’s from EECOM insiders a part of
our program called video ranking Academy
he look at this he got a thousand
dollars a little bit over of earnings in
a month’s time and only on a hundred and
sixty-two thousand views I just want to
illustrate this because he has an
extremely high CPM I said normally a
thousand views gets two dollars he gets
about fifteen dollars for every thousand
views why because of the niche that he’s
in and we can’t we don’t much time to go
very deep into this but one thing to do
with YouTube ads is if you can really
niche your channel down and go into
certain niches that have higher CPM you
can start earning some decent money but
check this out by the way I have to say
this and we have a bunch of case studies
in this these results you know are not
typical these results take hard work
action any of the illustrations in this
are here for illustrative purposes
they’re not a pro I know you know I’m
not promising you that this is what you
can make but it’s not a promise of what
you can earn because also I don’t know
if you’re gonna take action or not like
I don’t know what your circumstances are
where you’re starting if you’re even
going to post videos right but saying
that check the check out what James said
my ad revenue accounts for about 3
percent of my income on social media let
that sink in this is exact one of the
biggest things I want you to get in this
master class I want you to stop
thinking honestly small just about
YouTube ads trying to get views and
subscribers I want you to think bigger
about playing a bigger game building a
business around yourself and around your
YouTube channel and I mean you do the
math yourself James is killing it right
like and we’ll talk about kind of how
later but you know just 3% of his income
is coming from ads right and here’s my
youtube journey back around 2013 as I
was going into that year I here’s
YouTube ads I made about sixty six
dollars one month but that same month
which you can see here because you get
paid out three months later on affiliate
marketing just so you know for the
continuity of that look 4x higher so
YouTube ads did about 66 dollars but
when I was just starting I did two
hundred and fifty nine dollars with
affiliate marketing that month so here’s
the thing if the policy change was
happening then I would have been bummed
that I didn’t get that 66 dollars but it
doesn’t have to stop you like no one is
stopping you that’s something to keep in
mind you can just crush it go all in
monetize in different ways so the second
way I want to talk about is affiliate
marketing because it’s it’s literally
the best in my opinion way to get
started especially if you don’t have a
product yet you don’t have something
else happening yet Amazon Associates is
a great one
there’s Amazon in multiple different
countries that you can sign up for to be
a part of their associate program and
again we mentioned this you sign up you
start getting custom links you could put
them in your YouTube description and
then you can make money and so here’s an
example of somebody who’s a part of our
community Jabin he’s got a barbecue
channel and so he’s got this video best
like barbecue accessories gifts for dad
and he’ll promoted during Father’s Day
and stuff so he just has the video there
he is sitting on his porch talks about
he loves barbecue again he’s building
income around his passion right a
businessman on his passion and he’s got
his affiliate links in the description
below and with affiliate marketing Jay
Ben is as done it’s actually way more
now but so he’s kind of old her numbers
$500 canadian he’s in Canada he’s done
about a hundred dollars on other
affiliate programs and here’s another
cool thing it’s just a bonus when you
build up your channel in a specific
a specific niche you can start getting
free product and because he loves
barbecue and his barbecue channel he
actually is a meat sponsor he gets free
meat
he has gotten free except he got a free
grill they started sending him it’s it’s
a lot more than that – a lot of free
product from that of course I know many
of you in fact I’d love to hear what
niche are you in post that in the
comments what your niche is and Kimber
Leia is you know doing different things
on her Channel here’s like a video about
nail tutorials and then of course
entered YouTube description she links to
the nail polish right so what niche are
you in like what is your topic you know
Kimber Leia now I think she does tech
acessories Jaden’s doing barbecue George
I see isn’t traveling in health land
women’s clothing Renee indie games Alma
and travel I love it and so lots of
different niches and here’s the thing
this works in any niche this is Heather
she has a homeschool channel and look at
this three best books for homeschool
moms and she’s earning money with
affiliate income and I think she didn’t
even post or maybe only posted one video
in this last month but earned something
like 50 dollars because she had some
videos out there and so that’s really
cool so a power tip is there’s an
affiliate program for pretty much
everything like just check you can just
google it like Google the brand’s you
love and type in affiliate or associate
or ambassador program and so this is
Timothy and he’s got a tech channel he’s
got a lot of videos on drones and so
again he’s building his influence he’s
got good subscribers good views but his
channels not huge so you might think
well man if he doesn’t have a huge
channel he can’t be making big money oh
ha well let’s check it out and so with
the affiliate marketing here’s this
seems insane to me but check this out
this is his DJI affiliate program
fifteen thousand dollars you know now I
have to say again like results are not
typical but this is real right like
think about that just and that’s just
one program so Timothy is doing Amazon
he’s doing other affiliate programs but
what that’s some serious coin right from
affiliate marketing
that again not based on YouTube views
you gotta get views if you a little
you’re gonna do it but not because of
YouTube ads so post in the comments what
is one affiliate video idea that you
could do related to your niche here’s a
couple examples like product reviews
make the most sense or five examples
here product tutorials like showing
someone how to use it and then you can
link to it favorites videos like hey
here’s my January favorites I’m sure in
the beauty lifestyle niche those really
lend themselves hey guys I’m linking
everything in the description below best
of videos comparison videos there’s
actually literally probably hundreds but
those are some of the best ones but I’d
love to hear from you what is an
affiliate video that would be
specifically like good for affiliate
marketing that you could probably you
know work on and so you know even didi
says what my niche my niche is comedy my
niece is comedy so there’s really not
necessarily affiliates you know
potentially but at the same time you get
to shape your content and so if you did
a you know a Saturday show about
favorites if you did again if you want
to earn income you might need a reverse
engineer the strategies that make sense
I mean at the end of the day like if you
want to create a path to income then go
down the path that leads to income and
so we could talk about that a little bit
later in QA but I think there’s a lot of
things you could include keep in mind
you always have a blank slate for what
shows what videos what episodes you’re
doing on your YouTube channel and so
definitely post some ideas and don’t
just post them this is a masterclass
there’s the reason I let you take notes
if you if you want excuse me put out
grab your calendar grab your phone and
schedule when you’re gonna shoot this
video because again I don’t want to just
communicate some information on this
thing I want you to get some results I
want you to build your income and the
way you’re gonna do that is by taking
massive action right and so different
types of affiliate marketing examples
number three you can sell something and
by the way you should sell something
even if you’re just starting or you
haven’t started yet I want you thinking
about this from day one I want you
thinking about this right now in 2018 I
want you to be thinking about
this because again same thing I love
that question you came in why have a
comedy channel and I do story time if
you’re gonna build a business model
around your YouTube channel you have to
build a business model around your
YouTube channel excuse me
Shawn the profound sentences well I know
it’s not profound but ultimately again
if you want to build a business model
around your YouTube channel
you just got to actually do it and
sounding something is a great way for
example merch right and so I asked in
our private Facebook group what are some
of the merch things you guys are doing
someone has a journal someone’s doing
shirts Jabin we mentioned him he’s doing
his own line of barbecue rubs that he
sells locally and seasonally Tim is an
artist so he is selling his oil
paintings so t-shirts accessories aren’t
creative we’re talking about how to
build your income by actually creating
and selling something got love there Las
Vegas vloggers here in our city and
they’ve got this awesome vlog channel
but they created their got love shirts
and by the way really easy to set up
they just went to teespring com uploaded
some artwork and now they have merch so
this doesn’t have to be like some crazy
that glitch create something my gosh
like what are you talking about it could
just be simple things that start
building your income a lot faster than
other ways
I wrote a book a few years back called
YouTube for churches and I mean honestly
was just an e-book it never who never
was actually printed I wrote in a
Microsoft Word I had a friend edit it
named Rachel and I just paid her I don’t
know if I paid her thank you Rachel
but she helped me you know proof it and
edit it and add some great content on it
I just googled how to do it and I
uploaded it to Amazon and next thing you
know I’ve got a six dollar ebook and
it’s about a hundred pages long and as I
had youtube videos and content around it
you know selling a copy a day or so
could lead to 186 dollars a month and
that’s just one thing you could do a
ebooks you could do shirts you could do
merch what is the business excuse me
that you could build around your channel
Aileen is a good example she’s full time
so her husband are doing kind of
personal development full time but her
channel is not huge it’s not even
getting thousands of views it’s getting
like hundreds but yet she’s full-time
why because she’s got a book the brave
body method it’s like a body competent
self-acceptance book she’s got some
courses some things she’s created so
again what is the business model even if
you don’t have clarity on this now this
is how I want you thinking James you
know we learned about him earlier he’s
that his ad revenue is only three
percent of his income because he’s doing
e-commerce that’s like Shopify other
things and now this might seem extreme
but there’s like a screenshot of like
one of his daily revenue and like $1,700
that’s not because he’s using YouTube to
try to be famous like Jake Paul or Logan
Paul he’s using YouTube to build his
influence even with a small audience by
the way his channels not big at all but
yet he’s crushing it because he’s built
a business model so remember this
question what skills do I need to
survive and thrive in the new economy
you might be like well this sounds hard
but keep in mind you got this like be
confident everybody I talked about at
one time had no idea how to do any of
this stuff
Eileen didn’t know how to write a book I
didn’t know how to write a book James
didn’t know how to do ecommerce got love
didn’t know how to make shirts right
everybody started with 0 and everybody
started not having the skills they need
but the point of this masterclass
is to identify okay so I need to study
this more I should go deeper on this
right I should maybe pick one of these
paths and learn more about it let’s have
a question you know have you started any
of these income strategies yet or maybe
do you have other income strategies that
you’re focusing on that we haven’t
talked about definitely post that in the
comments section but then here’s a power
tip is you YouTube income stacking and
this is like where you can then take
these and stack them together and what
I’ve actually learned is that the
influencers the people on YouTube the
entrepreneurs that are crushing it the
most are not just having one or two
streams of income but they have multiple
streams of income and that’s really how
they go side part-time full-time on
income on YouTube and so there’s other
ones we didn’t talk about crowdfunding
merchant products there’s tons actually
but brand deals when you add those
together make it begin to add up to
something significant so the power tip
here strategically build multiple
streams of income this year around your
YouTube channel alright so I hope that
you found that training valuable and
actually that was just a small part of a
full length YouTube master class that we
did recently and if you actually want to
check out the entire training for free
it’s available on replay right now at
tube influence calm and we’ll also post
a link to it in the YouTube description
below question of the day how are you
currently earning money on YouTube and
what did you think about the strategies
and tips in this video I would love to
hear from you in the comment section
below so thanks for checking out this
video subscribe for more videos just
like this and if you want to see the
full length tube influence masterclass
training just click or tap the screen
right there for another video from think
media just click or tap the screen right
there until next time think media is
bring you the best tips and tools for
building your influence with online
video keep crushing it and we will talk
soon


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