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5 Ways to Make Money on YouTube with a Small Channel-ollYY8K2DkQ

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5 Ways to Make Money on YouTube with a Small Channel-ollYY8K2DkQ

so of course we know that if you get
millions of views or you have a huge
audience that you can actually make
pretty good money on YouTube but what do
you do if you have a small channel or
you’re just starting out in this video
I’m going to be breaking down five
practical ways to make money on YouTube
even if you have a small audience or
channel and also share some advanced
tips coming up hey what’s up influencers
sean here with video influencers help
you build your influence income and
impact with online video and Benji and I
just finished up a deep dive YouTube
masterclass and one of the parts of that
training has been getting a ton of
positive feedback and so we wanted to
post it here on YouTube and share that
with you now and it’s specifically about
five specific strategies for building
your income on YouTube if you have a
small audience and a small channel or
you’re just starting out now you may
have heard some of these strategies
before but I believe that in this
training you’re going to learn some
advanced tips and maybe some case
studies and some creative ideas that
you’ve never thought of before so let’s
dive into the training right now to get
these tips let’s get a strategy number
two which is revenue you know we talked
about how to grow your audience that
first step is going to help you do that
is going to help you grow your income
you want to specifically go through five
ways to earn $500 plus with YouTube now
you’ve heard maybe some of these before
maybe you haven’t but we have some good
case studies and illustrations and we’re
going to be talking about YouTube ads
we’d be talking about affiliate
marketing brand deals merchant products
and crowdfunding and give you some
actionable stuff and so if you’re saying
you know how to make this sustainable
because you know we need money to fund
the mission and you should never be
ashamed of that right if you want to
turn your creativity into a career you
have to figure out how to monetize and
one of the ways to do that is with
YouTube ads the problem is right now and
this is mostly in the u.s. so even
international this is typically a little
bit lower is that you get usually two
dollars per thousand video views and
that’s called a CPM so if your goal was
to get $500 on YouTube you would need a
quarter million views and if you wanted
to get $500 like a month you would need
to at least get at least that many views
a month
now CPM is very and there’s lots of
variables but just gives you some basic
math and so for instance this video that
Benji and I did got 220,000 views now
we’ll tell you about this tool a little
bit later but vid IQ will give you an
estimated earnings of anybody’s video
including other people’s other people’s
channels that’s not really super
accurate because our CPM is more like
five dollars so this video is made
between four hundred six hundred dollars
but the key strategy if you want to
figure out how to build your income with
YouTube ads is you just need a lot a lot
a lot of views and so that is actually
why this is our least favorite way of
making money on YouTube we have to share
it it could be helpful could be a bonus
but we want to dive into some better
strategies and so the second one is
affiliate marketing this is basically
what affiliate marketing is you sign up
for an affiliate program just like say
Amazon Associates and then you can get a
custom link that you put in your youtube
description and then when visitors click
on that link you can make money it’s as
simple as that
so if you recommend a beauty product or
technology or a pet product or clothing
I mean anything’s if there is something
that exists in the world there’s
probably an affiliate program for it and
so this is Jabin and he’s got a barbecue
channel and so here’s a good example
right you type in barbecue accessories
and he has this ranked video that he has
doing affiliate marketing on and I just
caught up with Jabin you know you put
that a video like this talks to his
favorite barbecue accessories there’s
links in the description to the
affiliate marketing and here’s some of
his results
and so this was 12-month results for him
but mind you from scratch basically his
channel is about a year old so so far
he’s in Canada he’s done 500 500 dollars
a little bit on Amazon he’s done a
hundred dollars on other affiliate
programs and we and then he’s done
Adsense so that’s not bad – right we
talked about at YouTube ads 842 and he’s
also got a few thousand dollars in free
products now of course we have to stay
on this master class that these results
or anything else any other results we
share you know these results are not
typical they take hard work in action
and then we use them for illustrative
purposes not a promise of what you can
earn because the reality is sometimes
people take in for me you have to take
action to get the results
and here’s a power tip and this is for
affiliate marketing general Amazon
actually just added a new one link
feature so you can start monetizing
multiple different countries through one
link there’s a few other services that
do this as well and so this is a
progression that’s really big in
affiliate marketing right now you know
because you have an international
audience especially on YouTube and so
look into one link if you’re already
doing Amazon and look into expanding
into basically smart links which helps
you it what it does is it decides what
store like people are coming from and
then it just takes them to the correct
correct store internationally and it’s
not just Amazon that’s doing this so
let’s dive into number three as far as a
practical way of generating five hundred
dollars a month and when is crowdfunding
now you probably heard about this before
it’s like patreon and a great example if
somebody was a part of our advanced
training and private group is Justin Coe
with that Christian vlogger and so he’s
been building up his channel and he
launched a patreon and he has over 57
people supporting him now this doesn’t
happen overnight and I think that’s the
key here
to always lead with value first he built
up his authority built up you know trust
he added tons of value to people but
then eventually he was able to surpass
even that five hundred dollar mark as a
base of just support so that you know
again money could feel his mission which
is you know based on his faith and
really changing people’s lives and
making a difference in the world and so
crowdfunding is a great way another way
is merchant products and so I asked in
our group recently I said hey what are
some of the products you guys have won
ports we got a journal on Amazon on
Justin has his own shirts that Christian
vlogger right so he’s got his own
t-shirts Jabin from the barbecue he had
his own barbecue rub rub so you know
have you ever thought about creating
merch or products around your niche or
your brand tim has oil paintings and he
does custom oil paintings and watercolor
paints for people on his channel and
people who connect with him on YouTube
so this could be t-shirts accessories
digital products art create creative
stuff
music selling songs on iTunes or
anywhere coaching freelance services so
many different ways to do merch and to
do product and one cool site for this
is merged amazon.com and so there’s a
lot different one to teespring but this
is kind of a hot new one before I got to
do is upload your artwork set your price
they print it they ship it and you get
the royalties and so something simple
like this to build your income and the
last one is brand deals and this is like
creating videos for companies and brands
in exchange for the press and you know
one myth is that you have to have a huge
audience for this stuff to happen but
here’s a great example from Heather but
she also is a new youtuber pretty brand
new it’s not been doing YouTube for very
long and she’s doing the homeschooling
nice now a while ago because before
she’s even where she was today these
results are from a while ago in just
eight months she grew twenty five
hundred subscribers 85,000 channel views
and only fifteen videos so not bad but
did catch this it’s not very big right
still kind of relatively small a little
bit of monthly income with YouTube and
affiliate but she got a brand deal with
a homeschool curriculum company that
first they comped the product that her
and her family would have had to pay for
anyways right because they do that every
year expensive curriculum so she gets
eleven hundred dollars in free product
plus thirty six hundred dollars to do a
brand deal reviewing that product and
sharing it with her audience as they go
through it and then she also gets 10%
affiliate Commission’s on top of putting
that out there simply because of doing
you know a brand deal and the question
is do big only big channels get this and
so the answer is no right Forbes
eighty-two percent of people are likely
to follow a micro influencers
recommendation what’s proves you don’t
need to rely on huge mega influencers to
advocate for your brand so there’s like
a revolution right now of micro
influencers which to define that simply
it means like youtubers for small
channels or more Instagrammers and
here’s the power tip is use YouTube
income stacking what we always recommend
is not that you use just one of these
but that you stack them all so when you
stack YouTube ad affiliate marketing
crowdfunding your own merchant products
your own brand deals and actually many
many more income strategies like that
even little amounts in each category is
how you could begin to transition faster
to go part-time you know side income or
even full-time so what you just saw was
just a small part of the in
hier YouTube masterclass that Benji and
I just did and if you actually want to
see the entire thing it’s available for
a very limited time and we’ll link that
in the description below as well as on
the YouTube card on this masterclass we
cover not just how to build your income
but also how to grow your audience
quickly as well as some advanced tips on
ranking your videos in search and a lot
of other cool stuff so if you want to
check that out again link in the
description below or on the YouTube card
question of the day have you tried any
of these five income generating
strategies or is there another strategy
that you specifically like for building
your income on YouTube post those in the
comments below and remember that some of
the best tips and feedback come from you
the video influencers community so
definitely connect with everybody in the
comment section so thanks so much for
checking out this video to check out the
free masterclass you can just click on
the screen here or in the description
below and if you want to check out some
other videos you can check those out
here as well until next time video
influencers helping you build your
influence income and impact with online
video keep crushing it and we will talk
soon


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