How To Earn Money Online By Using YouTube In 2020?

In the year 2020, as time has been going by one can obviously see the importance and effect YouTube has on our regular life. Not only for means of entertainment, but it is also a platform for showing off your skills, interests and productivity. So why not use this opportunity to make some usefulness out of it and find a means of earning some money out of it.

We’ve always adored our favourite YouTubers and seen them paving their roads to becoming sensational stars and earning huge amounts of money and popularity at the same time. Even they had started it out small and have now reached a greater point. If you’ve the urge to do something similar, have the skills and the interest that can guide you to the next viral trending thing, then here are a few ways on how to earn money and also spend your time working on YouTube from home in 2020. 

1. You can use YouTube to get traffic to your website and blog

If you have a website or blog which brings in income, you need traffic. You can use YouTube to not only regain traffic lost on your blog, but also help you increase it.

Once you’re set-up with your account, consider repurposing some of the older content from your blog into videos, as well as for creating new videos. Always make sure that the link to your own website is in the first line of your video descriptions so that you can direct your YouTube traffic to exactly where you want them to go.

get traffic to your website and blog

2. Create products and promote them on YouTube

If you’re making your own products or would like to so, YouTube offers unlimited ways to promote your merchandise and products and help in making sales. You can create products like ebooks, apps, art and even music.

Make your own products and add them to the shopping cart. Then you can use YouTube for promoting them. Adding a link of your products in your video’s description will be helpful so that viewers can purchase them directly.

3. Sell others’ products as an affiliate marketer

Affiliate marketing is the selling products in exchange for a cut or commission. Several companies offer many attractive deals for affiliate marketers who promote their products, including huge e-commerce corporates, like Amazon, eBay as well as smaller companies.

Additionally, there are many affiliate networks you can join in and find yourself a suitable offer to go ahead with.

To make money from YouTube as an affiliate marketer, you’ve to review your affiliate products on video or create tutorials. Never forget to add the link of your products in your YouTube descriptions. This will ensure that you’re using your affiliate link is being used by your audience or else you won’t get any credit or commission for sales. You can also do the same where you can share products from the Meesho app for products that might interest you and the audience present. Provide them with a link where they can list their orders for you, which can be later placed by you on the app with your added profit margin.

4. Monetize your videos with the YouTube Partner Program

Once you have created many videos, it’s time for you to join the YouTube Partner Program. All you have to do is to enable your channel for monetization and you will receive your share of the income from advertising on YouTube. Just like the YouTube stars do, you will also get paid for every thousand views on your videos by joining the YouTube Partners Program.

5. Teach and share your knowledge with tutorials

Teach and share your knowledge with tutorials

As we all know tutorials are a huge success on YouTube. If you know how to do something, you can teach others. This will not only help you make money from your videos but always work as a good help for others too. Beauty videos, study tutorials and even dance choreographies are popular. The recent trend of streaming while you are gaming is also very popular these days and going viral very soon.

6. Test-market your products

YouTube is one of the amazing resource for market research. You can quickly discover whether your brilliant and innovative idea is likely to be profitable once it is out as a product in real life.

For example, if you’ve got an idea for a product but require funding, then you can start by creating some videos before you create a campaign and launch it. The views and comments on your videos will give you a reality check on whether your idea is viable in its present form. The YouTube audience can also help you to make it viable with their perspective and suggestions. This will help in your efforts to get funding are successful as you are aware of its viability already.

7. Become an expert on metadata by using keywords to get a better audience

Hundred hours of video are uploaded on YouTube almost every minute. This implies that there is a vast competition to grab attention. You have to do everything possible so that you can ensure that your videos get found by more and more people. Your videos’ metadata can be a huge help.

Metadata is the data which gives information about videos created by you. To maximize your presence in search, suggested videos, promotions and ad-serving, make sure your metadata is well optimized. It includes your video’s title, tags used and also its description. Optimizing your videos for search can make a significant difference between success and failure, thus making it a must to do it.

8. Build your brand using YouTube

As marketing guru Tom Peters pointed it out back in 1997, you are a brand and you have the power. YouTube helps you to amplify YOU.

Whatever that you are doing and whatever your job is, YouTube can help you become known for your strengths which can help you to make money. Even if you have no clear idea about how you could make money using YouTube, you can get started with creating videos about your interests. If your content is able to get a good audience and reach, it likely to help you gain more views and thus lead you to make money too.

You might just stumble across a gold mine, just like some people who turned their pets into sensational stars have done.

9. Turn your child or pet into a star and earn money

Turn your child or pet into a star

Two cats, Lil Bub and Grumpy Cat started out on YouTube, and have become worldwide stars over time, with even book deals.

You do not have to be a singer or artist to become a YouTube star anymore. If you are lucky enough, you could shoot a video of your child, pet or even a double rainbow that strikes a chord and that could go viral.

So keep your video camera handy at all times. If you see something cute, record it and upload the video. Do not forget to use the metadata. You never know who or what will be the next video sensation, so try your best luck into creating that sensation and you might end up making lump some money.

10. Get sponsorship

Lots of company these days offer sponsorship to YouTube channels for direct advertising. A typical source would be audible from Amazon which regularly sponsors knowledge-giving show, tutorials of makeup by different cosmetics brands and many more. The great thing regarding it is that you will directly receive the sponsored reward instead of splitting it with YouTube.

To reach for a sponsorship you would possibly work on an in-depth proposal regarding the items you're ready to offer. ensure you know well regarding your audience and also the brand you're approaching.

Summary: How To Earn Money Online By Using YouTube In 2020?

Want to make money online? Becoming a YouTuber is probably a good choice. If you think you’re good at something like making content, videos, tutorials based on your interests and things that you’ve good knowledge about, YouTube can be quite a good platform for you and also help you to gain both popularity and earn money at the same time. You can also do that by being a good marketer on YouTube as an Affiliate or even use your account to promote different brand or even your own. You could even get a reality check on whether your ideas and plans are viable enough to go ahead with them in real life by looking out for sponsorships or just by posting some videos regarding it. There are also some relatively easier ways to make money on YouTube with the help of your kids and pets or even your talent of art, photography, videography, music and singing too. It sure isn’t predictable much as you how people would perceive you and your videos but you might hit the jackpot someday and end up being viral and make loads of money. One can never tell for sure when and how that could happen, so you’ve to be patient and consistent with your hard work and dedication towards it.

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