Launched in 2005, YouTube has since become a valuable platform for businesses when it comes to product promotions and gaining brand exposure. In addition, it has become a lucrative launching platform for the next generation of internet stars who want to earn online fame and make a living out of sponsored videos and paid advertising.
If you’re thinking about becoming a YouTuber yourself and become one of today’s popular digital influencers read on to find out the earning potential of a YouTuber and decide for your self whether or not YouTube is worth it.
Let’s take a look first about how YouTubers are able to monetize through the platform. Typically, YouTubers are earning through Google AdSense. Once you enable it on your own channel, Google will be displaying ads on your videos to generate revenue.
Usually, a YouTuber gets 68% as commission from the ad revenue. In turn, YouTube is charging advertisers for video ad runs which usually ranges from $.10 to $.30 per view. On average YouTube pays $.18 if a viewer will watch the ad for 30 seconds or more.
The real answer: A YouTuber will earn commissions based on ad impressions coming from their videos. YouTubers get 68% as commission from ad revenue (YouTube charges advertisers for video ad runs which usually ranges from $0.10 to $0.30 per view). On average, YouTube pays $0.18 if a viewer will watch the ad for 30 seconds or more.
For example, if your video gets 1,000 views and out of these views, 150 viewers completed watching the ad. That means you have 150 paid views. Which means 150 paid views X $0.18 = $27.00, which will be charged to the advertiser. And, since you’ll get a commission of 68%, you’ll get $18 for every 1,000 views.
Overall, how much you’ll actually earn will depend on various factors including the location and demographics of your traffic source, niche of your video, type of ads displayed on your video, audience retention or whether or not the viewers have watched your videos till the end and the number of your channel subscribers among others.
Furthermore, aside from AdSense, other potential ways to earn from YouTube include affiliate marketing and sponsored videos and more.
Different Ways to Make Money on YouTube
The money you make on YouTube has more to do with what advertisers pay for than how many views you get. So if you are targeting high-value keywords, then you stand to make money. If you want a quick example, on average you may get $0.2 to $2 per 1000 views.
There are other ways you can earn money from your YouTube channel. But first you must be approved for the YouTube Partner Program (and are in compliance with YouTube Partner Program policies), then you can explore these monetization options. Consider which revenue streams may be best for your channel based on your content, audience, and preferences.
For many channels, advertising can be a significant part of revenue. Here are some things to consider if you want to maximize potential ad revenue:
- When you’ve enabled your channel for monetization, you can earn more revenue if you monetize all future uploads and turn on all ad formats as your default. Find out how ads show on videos you monetize.
- Your videos must comply with advertiser-friendly content guidelines. In addition, monetization status is determined by factors such as video metadata (thumbnail, title, tags, and description). Learn more.
- Be aware that some videos may violate policies and may not be appropriate for all audiences. In some of these cases, YouTube’s review team may impose an age restriction, and these videos cannot be monetized with ads. Learn more.
If you upload videos with controversial or sensitive topics, you may want to turn off ads on individual videos, allowing you to opt out of monetization for any videos that aren’t advertiser-friendly while remaining in the YouTube Partner Program. If your channel as a whole isn’t suitable for advertising, because of the nature of your content, you can disable ads and still pursue other monetization options for which you’re eligible.
2. Channel Memberships
With Channel Memberships, viewers pay a monthly recurring fee to get unique badges, new emoji, Members-only posts in the Community tab, and access to unique custom perks offered by creators. This feature is available to channels in certain locations who meet the requirements. You also may have the option of linking to approved crowdfunding sites from your video cards or end screens. Learn more.
You can also earn revenue by selling merchandise that complements your channel. You can link to approved merchandise sites to offer your fans t-shirts, mugs, or other items. (Merch needs to comply with YouTube’s Community Guidelines.) In addition, there’s a new integration with Teespring that enables eligible creators to sell merch from a shelf on their channel. Learn more.
4. Super Chat
Super Chat is a way for fans and creators to interact in live chat. Fans can purchase Super Chats to highlight their messages within chat during a live stream or Premiere. This feature is available to channels in certain locations who meet the requirements. If you’ve enabled Super Chat, you’ll receive this revenue in a similar way to the way that you receive ads revenue with AdSense. Learn more.
5. Brand deals
Working with brands can be another revenue stream and an opportunity to introduce new products and services to your audience. Brands are often eager to do deals with creators because it allows them to reach the desired audience and expand their market. (Review these guidelines on paid product placements and endorsements.) Learn more.
6. YouTube Premium
With YouTube Premium, viewers can enjoy videos on YouTube without ads while still supporting creators. It also lets viewers download videos to watch offline on mobile and play videos in the background. YouTube Premium is available as a paid membership in these locations. Revenue from YouTube Premium membership fees gets distributed to creators based on how much members watch your content.
How Much Do YouTubers Make?
As mentioned above, there are a lot of factors that will determine your potential earning power through the YouTube platform. In reality, the exact figures of your potential earnings would largely vary.
To say the least, the amount of money you get from YouTube will depend on the quality of your videos and your ability to go viral.
Top 5 Youtubers who Revealed How Much They Earn
Undoubtedly, YouTube offers a great platform for those who want to make money online.
Although the platform has greatly evolved over the years, still it remains one of the best marketing strategies for businesses.
If you need inspiration, consider these top YouTube earners in 2019 from a recent report from Business Insider. Here’s how much YouTubers made in 2019:
- Dude Perfect — $20 million
- DanTDM — $18.5 million
- Jeffree Star — $18 million
- Markiplier — $17.5 million
- VanossGaming — $17 million
- Jacksepticeye — $16 million
- PewDiePie — $15.5 million
- Logan Paul — $14.5 million
Can You Get Paid to Watch Youtube Videos?
There are some legitimate websites that pay you to watch movie previews and videos. Believe it or not, some companies will actually pay you for these simple tasks that you do daily. It may not be on the YouTube platform, but you’re still getting paid to watch videos. Which sites are the best to use to get paid for watching videos?
Through Swagbucks, you can watch videos to earn points that you can redeem for cash via PayPal. The catch? The videos have ads. The videos are varied, including movie previews, entertainment, travel, and more, and you can pick what interests you. Reward sites can be hit or miss, with many feeling like scams. Don’t worry — Swagbucks is legitimate is probably the most popular site with over $150 Million paid to its members. As a new member, you can conveniently earn up to $35 per survey or video through this link.
The next thing you can do right now is sign up for InboxDollars which pays you, in cash, to watch fun videos & take surveys. This has got to be one of the fastest and most legitimate ways to earn a couple of extra bucks easily. You can actually get paid to watch movie previews, celebrity videos, news and all sorts of other videos.
How Much YouTubers Make: The Bottom Line
The bottom line is: the amount of money you get from YouTube will depend on the quality of your videos and your ability to go viral.
Overall, how much you’ll actually earn will depend on various factors including the location and demographics of your traffic source, the niche of your video, type of ads displayed on your video, audience retention or whether or not the viewers have watched your videos till the end and the number of your channel subscribers among others.
Good luck if you are interested in making money on YouTube!
If you wanted to learn more ways to make extra money online you can check out this list.