Learn how to monetize your YouTube channel

Sure, we all are aware that YouTube is a great source of entertainment. Whether it's a new song, music video, parody, or content channel, we all look for answers to our questions. What you probably don't know is that a lot of these YouTube celebrities actually make profit from the videos as well as build an online presence so they can create a brand that is easier to monetize. Here are a few ways to help create another revenue stream using YouTube.

YouTube Partnership

A great way to start your journey is just by building great videos. When you get a certain number of views, subscribers, likes, YouTube will actually send you an email to invite you to become a partner or at the least build revenue. If you are a person with a blog and you have tried getting on Adsense, this is a great backdoor method to get on Adsense and use that as a way to monetize your other blogs. By getting on Adsense, you will start monetizing your videos with actual video ads, picture ads, and text ads. This is perfect if your videos start becoming viral.

Sponsorships

Let's say you have a content channel that deals with Cocktail Recipes. You can promote certain products such as devices, books, alcohol recipes from someone and charge them a fee by having a specific ad before your videos for a certain amount of time. Due to your major visibility, your authority over your audience, they will actually listen to what you have to say. Remember, you are an online influencer to a global audience. At the very least, if you don't directly make money, you can get free supplies from these sponsors and possibly do joint ventures down the line. I'll talk about that more in a bit.

Donation

If your content is really good, ask for donations. Maybe you want to expand the show by renting out a place or getting a much better camera/camera crew. This is an excellent way to get your supporters involved. You can also use some of that money to create a way for your subscribers to get some prize packs. This will help you build more loyalty and attention to your own brand. It's a very smart way of reducing costs all the while still maintaining integrity. Maybe you can also donate some of that money to a great cause. This shows you aren't just about yourself, but you want to give back to the people.

Your own products/affiliate marketing

This is a very good way to sell your own products. Of course, your content is very important, but don't be afraid to do some product placement. You're an internet marketer , too. You give people great and free content regularly so why not? Maybe you have a special saying you do during a video or you have your own line of clothes you wear which the people ask for on a regular basis. You can turn your saying into a ringtone or sound which people can get on their phones for a small fee. Also, people can buy your shirts. You can post a link on your YouTube homepage and under your videos. Also, you can create viral videos that help promote someone's other products by doing a testimony of your own personal experience.

Do you have any other ways to monetize your YouTube presence? Leave some comments and suggestions below :)