How to make money online with YouTube: a comprehensive guide

How to make money online with YouTube: a comprehensive guide

Summary: Are you interested in setting up a new residual income stream? While striking it rich with YouTube is very unlikely, it's extremely feasible to make an extra $50-$100 every month or two. Here's how I do just that!

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TOPICS: E-Commerce, Google
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Looking to make a little money on the Internet? Why not give YouTube a try? You don't have to strike it lucky or go viral to earn money with YouTube, but if you do happen to fall into such luck, there's quite a hefty pot of money to earn from. This is all thanks to companies who pay to advertise through YouTube (which is owned by Google, for those of you who were unaware).

In this post, I'm going to give you ideas for making videos that can earn you some real cash on YouTube, as well as give you some pro tips regarding the best practices for making the most of the videos you upload. Whether you're just an individual looking to make a bit of money on the side, or a business looking to monetize promotional videos, there's something for everyone in this post. Don't expect to break the bank -- I'm not promising riches and wealth beyond your wildest dreams -- but if you're looking for a legitimate way to actually make money online, this could be the article you've been waiting for!

Some stats from yours truly

First, let's start with some stats from a few of my videos. I want to show you that while I'm not making money hand-over-fist, I'm certainly making enough to put a smile on my face. Now, don't be too hasty to draw conclusions from these figures, because there are a number of factors to take into consideration with how videos earn and perform. I'll cover those factors in the next section, but for the moment, here are two of my better-performing videos, which, for what they are, is pretty astounding that I'm even earning anything! I'm not naming the specific videos, because I'm not quite sure at the moment if that would violate Google's ToS. Either way, here are the stats:

make-money-online-youtube-statistics-1
make-money-online-youtube-statistics-2

As you can see up front, there is no blanket statement for saying "X amount of traffic guarantees X amount of dollars." It just doesn't work like that, unfortunately. To further prove the point, here's some stats from a video of mine that has fairly terrible ad revenue performance:

make-money-online-youtube-statistics-3

Rough, right? Depending on who you ask, that $0.50 might be the first thing someone has ever earned online, and that's truly something to be excited about; however, judging by the numbers themselves, those earnings are pitiful. Regardless, I just wanted to give you a feel for how widely performance can vary, but the potential to really earn money is certainly there. Up next, I'll dig into why performance varies so much and what you can do to put the odds of better performance in your favor. Later, I'll go into exactly what you need to do to get set up to start making money with YouTube.

Topics: E-Commerce, Google

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43 comments
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  • Nice!

    Thanks for the informative article, sounds like a very useful guide! I'll give this a try... and maybe post a video on how well it well :-p
    justanumber
    • Making Money YouTube Made EZ!

      It really is just an issue with the quality of the videos uploaded by the user. YouTube will also consider how much the number of viewers, but it is a step further.

      YouTube making money "
      Net4Biz
    • Making Money YouTube Made EZ!

      Easy Ways to Making Money Online From Youtube Videos
      http://makingmoneyfromyoutubevideos.blogspot.com
      Net4Biz
    • re win lot of money easily ,

      hello i know i way to win some money easyly , to you have just to look of video you tube or like some page facebook you can win some like also on your page facebook , and you will some , money the credit that you win , you can convert in money , you have just to click on out , its the link http://www.fanslave.net/ref.php?ref=739270
      Jeremi Astriani
    • hey

      I am making over $5,000+ per month at http://thetubelaunchsystem.com/ You can make money on youtube and start working from home today as I am! Visit http://thetubelaunchsystem.com/ and check? it out! When does the gentle request entertain the education? The drunk teaching increases the knowledge. The fluttering blow localizes the family.
      Johnson Aimable
  • Making money online with video is a cinch, you're right...

    great job, Stephen. It's so true, that video is an enormous medium. two my fav things, most new tv's being sold can go online, meaning we are being watched in people's living rooms and the other fact that YT is the #3 search engine on the net. We use video marketing like http://www.cashinonpassion.com/bigtime.php to gain the eye of the buyer and person who wants to make money online. I agree that video is the easiest way to be everywhere on the net, making money online.
    Eric Etka
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  • YouTube is the best!

    I failed for a couple years and spent countless hours researching and trying to find out how to make it on YouTube.

    I bought every eBook and guide and nothing helped.

    I was about to give up, but I found a new guide that is written by someone who is actually famous on YouTube (The only guide out there that's legit).

    All the other books were written by scammers who were just trying to make a buck and had no YouTube success themselves.

    After I read it the 1st week I got almost 200,000 views and 300 new subscribers. You really can't find the info he has in there anywhere else on the web and it actually works.

    If you are serious about doing it big on YouTube you should check it out at http://moneywithyoutube.com

    It's fun getting all these new subscribers and having fans, it's an awesome feeling! I also got partnered by MakersStudio and am making good money. Once you learn the tricks you are going to have the time of your life making videos! Good Luck!
    Josh Modica
    • Link wrong - please provide title and author of book, if it reallly exists.

      I clicked on that link and all they had were links to making $25 - $75 for completing on line surveys. What's up with that?
      bohemianstyle
  • Don't forget the chances for supplementary income outside of YouTube

    One thing I've seen successful YouTubers doing is creating a website outside of YouTube. This is a fantastic way to engage with your customers and sell them supplementary goods or services (for example, merchandise relating to your channel). Phil DeFranco and Toby Turner do this really well and promote it without seeming too pushy.

    http://www.bislr.com/ has an app that instantly creates a website based on your YouTube channel and also comes with a web store and many other apps to create a successful online business. I'd recommended checking it out if you're producing high quality YouTube content but can't seem to turn it into a steady cash flow.

    Good luck!
    Peter Sharkey
  • Great Info

    Really great information. I will recommend this to my network!
    LinkedinATM
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  • Making money with youtube adds the ability to also be creative!

    Interesting post thanks! I think although new internet entrepreneurs are starting out each day, interest in making money online through video still forms a minority right now but of course it is becoming known to new individuals daily. Just wanted to add, that I've launched a new affiliate program that's FREE to join and is focused on a product that's in HIGH demand check out this link: http://youtu.be/PgaUBouV9-E if you're interested in finding ways to make money online.
    mike_myers_2
  • Great info!

    Hey, I'm looking to be a video game commentator. I've made my first video and you could check it out at my channel "TheFragsP."

    I just had a question regarding copyright infingement.

    If I include images from google and an artist's song, even after stating that they're not mine in the description, will I get paid with monetization or not?
    patrickfragsp
  • Need to be creative, if you want earn good money...

    Hi, thx for good poust, lot of thing alredy l know, but its not so easy how it sounds for earnings...So l want sugest if there is anyone who dont want make videos and is luking for biger earnings, watch my blog and contact me if interests...
    http://extraincomme.blogspot.com/2012/09/banners-broker.html
    Henrijs44
  • Great info ....but?

    Many people start a business on the Internet and wait a long time before they start to earn money online.
    The struggle to rank for their keywords, they struggle to get traffic and struggle to convert the few visitors they get.
    This is heartbreaking because so many people desperately need to earn extra money, particularly in this tough economic times.
    Invariably, these people fold their business, losing thousands of dollars they spent on their credit cards and some of their self respect.
    We’ve all struggled to make money online fast, it’s what we are here to do, but sometimes it is difficult.
    You know the routine … find a profitable niche, find some low competition high traffic keywords, create a website, write content, promote it … it’s a headache to say the least and takes a lot of time.
    Then what do you get at the end of it?
    Five cents from an Adsense click.
    Wow.
    That’s great huh?
    What if there was a way whereby you didn’t need to do any of this?
    What if there was a way for you to literally earn money within 24 hours?
    And we’re not talking a few cents, we’re talking potentially hundreds or even several thousand dollars?
    Do you think you’d be interested in generating rapid cash like this?

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    birhan1269
  • Making money with youtube

    Making income by using internet, there are lots of ways to make money through internet. You have to work a little hard to earn money online. But once you start your work you will learn so many things while working. For this should be more active. If you work on internet 3-4 hours a day, then you can earn a good amount of money. But for this you need to increase your skills and experience . Many people all over the world are making money using their computer. There is no need to invest anything to start the work because if you will search through internet then you will get lots of opportunity to earn money.

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  • What if your rejected by AdSense?

    Hi,
    Thanks for the informative article, but I do have a question. I've had a YouTube channel for awhile. I only have 8 or 9 videos uploaded, most of them are travel videos and animal footage shot at various zoos. I followed your steps to monetize my videos and then applied for an AdSense account. Just a few minutes ago I received an email from them stating: "Thank you for your interest in Google AdSense. After reviewing your application, our specialists have found that it does not meet our program criteria. Therefore, we are unable to accept you into our program."

    Does that mean that there is no way for me to earn revenue on my now monetized videos? I checked one of my videos and it now has an ad attached to it. So how do I earn money if Google AdSense has rejected my application? It seems that unless I go back and undo the monetization on my videos, they will be getting free advertising off of my content.

    Thanks for any help you can give me.
    Vince
    vinpauld
  • Focus on GETTING PAID

    Fantastic article,
    also consider that you should do take in account to ensure that you get paid on time.
    5 steps what google says that you should have to get your earnings to your pocket:

    1. check your address
    2. Provide tax information, if you have one
    3. payment method, including checks, Electronic Funds Transfer, and Western Union Quick Cash.
    4. verify phone and address, if you dont this, your account will be suspended until you verify and no ads will appear.
    5. Earn enough to reach a limit, so google will sent out the payment as requested

    Google also says, that it has full rights to verify your earnings. You can track your earnings if you are familiar with adsense account page. You have to wait for google to update the finalised earnings.
    ibiz05@...
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