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How To Quickly Make 120x More Money on YouTube

How To Quickly Make 120x More Money on YouTube

Hey, guys. My name is Tim
Schmoyer, and it’s Thursday, which means it’s
time to do some YouTube Q&A like we do every Thursday
here at Video Creators. Today we want to talk about
how you can exponentially increase the amount
of money that you’re making from your online videos,
not just here on YouTube, but from online video
basically anywhere you can post online video. Here’s a question that kind
of leads into what we’re going to talk about today. My question is why would
we make a Facebook video if it can’t be monetized? Great question, Debbie. Right now, YouTube
is pretty much the only social
media platform that pays people for submitting
content to its site. No other social media
platform does that, which makes YouTube pretty awesome. And it means that there’s
a lot of people out there who are making a lot of really
good money, full-time jobs, just by posting
videos on YouTube. For a lot of people, that
AdSense model makes sense, and I have a lot of
personal friends of mine who are just killing it
making really good money based on nothing more than AdSense
revenue from their YouTube videos. But there’s other
YouTube channels, kind of like this one here
at Video Creators, where the amount of AdSense
revenue will make– probably won’t actually lead to,
like, a full-time income just because the pool of
the audience that we’re tapping into is kind of small,
and this is kind of narrow. The thing we’re passionate
about isn’t super popular. Things like that. So let’s do a little bit
of math here together. On YouTube, an average RPM,
which is the amount of revenue that you as a creator are
actually making and actually earning per 1,000 views, is
in the US around $2 to $2.50. But let’s say that you also have
a $30 product that you could sell directly to your
audience, and let’s say you convert 1% of them to
buy this product from you. That same 1,000 views now nets
you $300 instead of $2.50. When you start comparing
those types of numbers, AdSense revenue is
nice, but it’s just of like icing on
the cake compared to other revenue
streams that you could have from your videos. So coming back to your
question about why upload video to
Facebook when you can’t monetize the video
there, you can monetize it, just not with ads. Now a couple questions
that I’m sure you guys are going to be asking
down there, let me just address them right here. One, you’re right. This model is not for every one. Depending on the content
you have and the audience you’re trying to reach, going
after AdSense might be a better option, a better model for you. Number two, you think, I could
never sell anything for $30 to my audience. And maybe you are right. And depending on what
type of channel you have, you might be able
to charge even more or you might even charge less. You know, everything from,
like, a cooking channel could sell, like, a
cookbook that you make. Or if you’re a
gaming channel, you could make a video
series walking someone through an entire game and
maybe selling access to that. Or if you’re a vlogging
channel, maybe you have, like, an ongoing theme
or value on your channel that you could turn
to something and sell. For example, on my
family’s vlogging channel, we do family adventure
day every Saturday, and we regularly make
videos about them. It’s just a time where my family
goes out and it’s just us, and we use it as an opportunity
to really train and teach our kids something as
well as also having fun as a family, solidifying,
building relationships, and things like that. And so maybe I
could make something like 52 Family Adventure Days
that costs less than $10. I don’t know. Something like that. And make that like
a little PDF that I could sell to other families who
are watching our video saying, like, yeah, we love your
family adventure days. We’d love to do something
like that with our family. I’m like, boom. I’m like, $4.99 and
you can download this PDF that gives you 52
ideas for how to do that. A third question
I’m expecting to get is, well, Tim, what
about merchandise? Like t-shirts and albums and
posters and stickers and, like, pens and iPod cases
and things like that? All that stuff, guys,
it really depends on your audience and
the value that you’re bringing it to them. There’s a great
video that we did, I don’t know, a
couple of months, maybe even longer ago
here on this channel, where we had a guest
come on and teach us how to sell merch and
things on your channel about being sleazy. I put a link to that
in the description below if you want
to go check it out. It’s a great video. Very helpful for me as
I was watching that. There’s really good
advice in that video. Because ultimately what
it comes down to do is not just trying to get
money from your audience, but it’s finding
ways to give them something valuable in a
way that provides for you and enables you keep
making videos for them so that you can give
them more value. One of the ways why Video
Creators keeps going is that I do have a $30 product. It’s called “30 Days to a
Better YouTube Channel.” It’s an ebook. There’s a step-by-step
process as a system that you can walk through one day,
every day, for 30 days to really help you
crack your channel, it’s branding, and your
content to be as highly subscribable as possible. There’s a link to that book
also in the description below this video. You can go check
it out if you’re interested in learning more
about what that book entails. And also, download the
first couple days for free and see if it’s something
that’s right for you or not. I would love to hear from you
guys in the comments below. What do you think
about this method of selling to your audience? Is it something
that’s kind of taboo that you would never consider? Or maybe something
you’d consider, but you’re not sure
what direction to go. Help each other out. Give each other some
feedback down there. The community here at
Video Creators is awesome. I love seeing you guys help
each other out all the time, so ask your questions. And if this is your
first time here, I would love to
have you subscribe. Every Thursday we do some
YouTube Q&A just like this. On Tuesdays, we look at all the
updates happening on YouTube and what it means
for us as creators. On Wednesdays, there’s usually
some YouTube tips, advice, ideas, suggestions. And, guys, I do all
this because I really believe that a lot
of you guys have messages that need this thread
and that people need hear. And I do everything I can
to help you guys spread your message, grow
your YouTube channels, and hopefully as a result we
can change lives together. So thank you for letting
me be a part of that. Subscribe, and I’ll see
you guys again next week. Bye.

Reader Comments

  1. are there any other sites I can make more money I saw a video from u a while ago that says u can make 50 times more

  2. Getting views don't give you money, guys! When people click on the ads in your video and view the ads for 10 seconds, you get money.

  3. Guys, help my brand new channel grow and check out our videos!!! Feel free to comment, click the like button, and subscribe. We appreciate all the support!

  4. If I were to post a video on youtube with trademarked characters (specifically Marvel) would that fall under fair use? I am not talking about posting clips from their movies but if I were to make a live action/animation that involves those characters, their names, and their costumes, could I put adsense on that? Would there be a higher risk of it getting taken down?

  5. Thank you. I watch some of your video. they was a great help. use your method to my youtube channel is that ok with you.

  6. One of my monetized videos got 6k views and I made $0.92, how do I get that up without trying to sell something?

  7. Adsense ( Google ) sucks ! I've been on YT for 6 years, started monetizing my videos last summer, after 8 months I'm getting money, then suddenly WITHOUT warning, Adsense disabled me…FOR LIFE ! Why ? I have no idea, they say "policy violation" and all the links they provide have dozens of reasons. No warning, no slap on the hand, no specific info, you're just banned for life, WTF ! I've appealed for the last 4 months, everytime I'm told sorry we can't reinstate…..

    So id Adsense the ONLY platform I can use on YT ?? No other companies to partner with that can put ads on YT vids ?

  8. I love how you just spoke about selling your viewers things in a good way and then sold us your ebook in a nice, quiet way

  9. I want increase my Youtube income and planing to do some charity works… Please share your thoughts… How you got this much subscribers….??

    That is great. Need your suggestions and Help. Thank you .. Thank you… Thank you

  10. are any of you Serious guys who want to make money online can get the FREE Blueprint of "Luxy Making Money System". I am happy that now i make good money ever-time i am online.

  11. I was thinking about it!
    Probably gonna sell a video teaching magic and another one teaching parkour.
    Its gonna be a bomb! o/

  12. I'm not sure how your friends are killing it. I have a few other youtube channels that have close to 5k subscribers. I'm making enough to pay my cell phone bill each month.

  13. Thank you for this video. I was just wondering how to make more money for doing something that I love. Which is sharing how to make art. You have given me an idea and now I must create my "model" so that I can get my viewers to click and "buy"… Keep creating awesome videos.

  14. I make montage videos which arent super popular but I just helped my friend launch his channel properly and he has made 4 times the amount i make in two day then i do in a month which is why i am watching this video

  15. Thx I really wanna try selling merch but I'm a kid so it would be hard 🙁 maybe I can make Custom Figures or something

  16. +Video Creators I Love and Agree with the Merch idea. I'm just not sure how soon you should try and how you go about targeting stuff like that. I'm only 3 months in, have like 150 some views and 4 subs. So let me know when a good time to do that would be. Thanks, Great video

  17. 3:32 this pdf book, what's wrong with putting that book onto Amazon instead of just having it downloaded from your site as a pdf.

    I imagine the main two are:
    Technical requirements to GET your book onto Amazon
    Reduced profit margin because the profit is shared with Amazon.

  18. I have a video that just took off big. it has over 200K views in 2 days, but the revenue is only about $111.00 am I doing something wrong? Your video says $2.50 per thousand. That would be 200 x $2.50 = $500 Something is off a little. Please help.

  19. I'm not exactly sure what I'd sell for a Toy/Kid product review. I don't think anyone would buy anything with my brand, but maybe I could create something else. Suggestions anyone?

  20. i have little bracelets that i gave for free to a bunch of members but in the future maybe just $2 to cover shipping and a lil cost for time

  21. Yeah! Affiliate Products is the piece of Cake we should be focused on! Monetization is like a cherry on the top of the Cake, But alone cherry can't be a Cake! 😀

  22. This Newbie-Friendly 2017- NEW METHOD MAKING MONEY……..Is Like Nothing You’ve EVER Seen…Just Search Google it, SULUDOLLARHOME. COM

  23. Hmm I think I do ok as new channel about 250 view a day give my about £0.35 this month I make so far about £8 not bad for new channel I think

  24. Is it possible to not monetize in YouTube and make an income with other things like merchandise, ebooks, etc? Or is that not permitted by Youtube? Still reading the terms and policies and have not come across anything that answers that question.

  25. I have heard you say this over and over but now that YouTube is taking monetization away from smaller channels I see how it makes so much sense. I have an internal block where I don’t want to make people buy things from me but I need to get over it!

  26. Earn 50X more than YouTube

  27. You can make money on Steemit posting content BTW, but that is a new thing after this video! Thanks for the info Tim.

  28. Whoever reading this I hope you can be RICH and SUCCESSFUL in LIFE! 🙂
    Best regards from a small channel! 🙂

  29. QUESTION: Why @1:29 does it say “is split between all parties (i.e. Google , MCN , copyright holders, etc) . I thought you couldn’t even monitize videos if copyrighted ???

  30. I enjoyed this. Glad I watched. There are almost unlimited ways to make money on the Internet. It seems I'm always picking up great ideas!

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