When it comes to making money online and specifically on YouTube, there’s a lot of different ways to do it. But what I want to cover here today are 4 of the absolute best ways starting with the worst and moving all the way to what I think is the best and most profitable.
Also the most enjoyable way that’s gonna give you the most revenue, the most profit, and the most control over your business and over your lifestyle.
Now this isn’t gonna be one of those cliched internet marketing videos that tells you you can make millions of dollars working from the beach doing absolutely nothing.
The fact is, if you want to make real money, you’re gonna have to do some real work. But there are ways to work smarter and not just harder.
Also, the strategies that we’re gonna talk about are proven and effective strategies. These are based on theory that have been proven time and time again, both in my business as well as a number of my friends and colleagues. They can work just as well for you if you’re willing to put in the work and follow the steps.
Starting with the worst moving our way all the way up to the best, here is number one.
1. YouTube Adsense
The most common way and most talked about way if you happen to be searching for ways to make money on YouTube is gonna be with AdSense. Where basically you’re paid a really small amount for the number of views you have simply by showing some ads either before or sometime in the middle of the video.
Now this is definitely the most common way and the most associated way with making money on YouTube, but it’s also an absolutely terrible way especially because the payouts that you get aren’t very big.
Unless you’ve got millions and millions and millions of views, you’re not gonna be making very much bank.
Yes, it can contribute to your bottom line and maybe should take a part in your marketing strategy, but it definitely shouldn’t form the bulk of it, which is why it’s number one in the worst strategy possible.
Let’s move on to number two.
2. Affiliate Marketing
The next way to get up to that 100K mark a year on YouTube is with affiliate marketing. Now affiliate marketing is absolutely incredibly easy.
In fact, you can affiliate sell pretty much anything out there. Probably the biggest and most common one is using Amazon. Now just like with AdSense, you are gonna need a decent number of views on your videos in order to drive the traffic to your affiliate sales.
But you can go to Amazon as early as today, sign up for an affiliate account and start promoting products that you strongly believe in.
I think that’s the point I really want to push home here is that if you’re gonna be doing affiliate marketing, you really want to only promote products and services that you actually use yourself and that you believe in, otherwise you’re gonna quickly destroy the trust that you built up in your channel by suggesting garbage.
Some of the top Affiliate Marketing Websites are Below
2. Shopify Affiliate Program
3. Affiliate Window (AWIN)
4. Amazon Associates
7. CJ Affiliate
8. eBay Partners
10. Leadpages Partner Program
11. Rakuten Marketing Affiliates
15. Target Affiliates
3. Brand Deals
Now when it comes to doing brand deals on your YouTube channel, there’s a number of different ways to do it.
The pay is gonna vary depending on the kind of niche that you’re in as well as the number of views and subscribers that you have. Now the beauty with brand deals is that they can vary widely depending on the level of involvement you want to get with the brand.
It could be something as simple as a shout-out where you simply mention the brand that you happen to be working with and recommend one of their products, or you could do a video exclusively for them.
The rate of pay that you’re gonna get for this brand deal, whether it’s a quick mention or whether it’s an exclusive video is gonna vary depending on your subscriber base as well as views that your previous videos have gotten.
They can use that to judge all right, how many people are gonna be seeing this, what does that worth to you and to the advertiser. And then you can work out an agreement from there.
The fourth way and, in my opinion, the absolute best way to get to that 100K a year mark with your YouTube channel.
The beauty of this fourth and final way is that you can do it with an incredibly small channel, and you can get started really quickly. Now I hate to talk about overnight successes and not having to produce much work or create too many videos to be able to hit 100K mark.
But the reality is, if you do this fourth step properly and you leverage it with the right targeting and the right niche and the right message, you can hit that 100K mark very quickly.
4. Use YouTube as Traffic Source
The fourth and final way is to use YouTube as a traffic source for your offer or business. Now obviously you’re going to need a primary offer or a primary business.
This is where a lot of people fall short is they look at it as a quick buck or as a get-rich-quick scheme where they can just hop on YouTube, make a few videos, and make that 100K a year.
But the reality is, is that if you’ve already got a proven business with a proven business model, a good service or product that people like, YouTube is like throwing gas on the fire by driving even more targeted traffic directly to your offer.
As I mentioned, this obviously works best if you already have a proven offer and a proven business. But even if you don’t, even if you’re just getting started, you can use YouTube as a traffic source for your start-up or for your inception idea.
So you can get it out there, test it, get out to the marketplace and start collecting sales as early as putting out that first video provided you’ve done the appropriate steps by making sure it’s a high quality video. It’s gonna rank well in search, and it’s targeted at the right niche.
Now using YouTube as a traffic source is gonna give you the highest margins possible rather than getting pennies on the dollar for doing AdSense or maybe a few bucks doing affiliate sales or maybe a few hundreds or a few thousand doing brand deals.
By using YouTube as a traffic source for your primary offer and for your core offer, you’re going to control that media, and you’re gonna be able to get all of the margin from it, which means you’re able to hit that 100K mark a lot quicker.
That’s why I feel so strongly and so passionately about YouTube and using it as a traffic source to drive views and sales and more revenue for your business no matter what industry market or niche you’re in.
All right. Of the four that I’ve listed, obviously AdSense is gonna be the easiest.
- Affiliate marketing, you can get start with as early as today.
- Once you’ve got a few views up, you can move into brand deals. If you’ve got a business, of course I’m gonna recommend driving traffic to it using your YouTube channel.
Tell me in the comments below, which one do you think is gonna be best for your business and for your channel, and were they any that I didn’t cover that you’d like to hear more about. Let me know in the comments below.