How TO MAKE MONEY ON YOU TUBE COURSE PART 3.

How TO MAKE MONEY ON YOU TUBE COURSE PART 3.

 HOW TO MAKE MONEY ON YOUTUBE

 How does one go about making money on YouTube? How much can you expect to make? It's important you understand the business model here as that is going to affect the way you approach your content creation and your general approach to making money online.

 Advertising on YouTube

This means the advertising uses a 'Pay Per Click system... Although you can also get paid when you get a certain number of complete views.

 You aren't getting paid a 'flat fee' for your advertising or getting paid per month. Rather, you are getting paid each time the advert is shown and each time someone clicks on it. You can generally assume by pure statistics that you will get a certain amount Which is called your 'CTR' or 'Click Through Rate' This means for every thousand views on a video, you're likely to get paid a certain amount on average.

 This isn't very much, and to be honest you're probably going to need hundreds of thousands of views daily in order to make a decent amount of money and certainly if you hope to make a full-time living from YouTube. But it can be done and you can get there if you're willing to not only work hard... But also work smart!

 Other Ways to Monetize YouTube

 One great example is just to promote a product of your own and to sell that. If you can create an e-book, a clothing line, or anything else, you can promote that using your channel and drive sales This will work very well if you can focus on that value proposition and promoting the lifestyle as we've discussed earlier. 

 Don't have a product? No problem. You can promote products other creators have made and earn a commission on the sales.

This is called affiliate marketing and it pairs particularly well with YouTube, seeing as you can be very persuasive when people actually get to see you talking about the product in person You can even demonstrate it right on the screen!

And finally, you can try and get sponsorship deals. This works very well if you're in a visual medium like fitness, where it's common to get sponsorship from clothes manufacturers, supplement producers, and even companies that make training equipment.

 Consider these factors and the type of monetization strategy you intend to use at the time of creating your channel idea. Different subjects will make it easier or harder to find sponsors and generally, a bit of pre-planning can go an awfully long way.