How to Make Money on YouTube in Nigeria

– How to Make Money on YouTube –

Wondering how you can monetize YouTube? YouTube has this fantastic revenue sharing program that you are unaware of! In this article, all your questions about how to make money on YouTube will be answered.

Making a YouTube Video

In this section, I’ll show you ways to create cash online in the Federal Republic of Nigeria by uploading videos to YouTube additionally as show you a secret to form videos that produce cash whereas sleeping and extremely participating to your targeted audience.

Examples of such videos are:

1. Comedy skits.

2. Unique dance moves.

3. How to prepare (a specific Nigerian dish).

4. DIY Guides

5. Live recording of native soccer matches, cultural displays and alternative kinds of fun contents.

6. Protected music background thereon. This methodology permits you to produce and transfer distinctive videos by recording your favorite Nigerian automaton games.

7. Edit and transfer same to YouTube for profitable views.

How to Make Money on YouTube

Making money from YouTube used to be as simple as uploading great content, garnering millions of views, and earning a share of advertising revenue. Now, content creators have access to multiple ways to monetize their content.

You can make money on YouTube through the following ways;

1. Google Ads

The first step to making money on YouTube is to join the YouTube Partner program. Partnership gives content creators access to special tools, such as the ability to monetize their videos via Google AdSense.

To qualify, content creators must have at least 1,000 subscribers and 4,000 hours of accumulated watch time over the prior 12-month period.

YouTube monetizes videos via pre-roll, display and other advertising formats. Advertisers pay based on cliques and impressions. YouTube gives the content creator 55% of this revenue and takes 45% for itself.

Content creators must adhere to advertising guidelines. Content that contains foul language, adult content, violence and other subjects will not have ads placed against them. This can include discussion of sensitive news events, such as the coronavirus pandemic.

2. Brand Sponsorship

One lucrative form of advertising is brand sponsorship, also known in the digital marketing world as “influencer marketing.” A company will pay a content creator to promote a brand or product within a video.

For example, early in her YouTube career, Michelle Phan drew the attention of cosmetics brand Lancôme with her popular make-up tutorials.

As of 2019, there were over 700 agencies that help match brands with social media influencers on platforms such as YouTube, Facebook, Instagram, Snapchat and Twitter.

Famebit, which is associated with YouTube, takes 10% of any sponsorship fee it brokers.

3. Fan Funding

Another popular way to monetize a channel is through channel memberships. Fans and followers make recurring monthly payments for bonus content such as badges, emojis, special videos, live chats and other content.

YouTube partners who have reached 30,000 subscribers can enable this monetization feature on their account. Third-party services such as Patreon also help video creators to monetize their fan base via monthly memberships.

Top video creators earn as much as $40,000 per month from fan support.

4. Merchandise Sales

YouTube partners also can sell up to 12 items of merchandise to their audience by enabling this feature in their account.¹² Jeffree Starr has made millions selling lipstick, highlighters and eye shadow palettes to his fans.

5. YouTube Best Practices

To increase their chance of attracting a large follower base, creators should follow established YouTube best practices. One of the most fundamental best practices is to create rich, engaging content.

Viewers come to YouTube looking to either be entertained or for a solution to a problem they face. By creating great content, it’s more likely the video gets viewed and shared.

The more engagement a video receives, the more valuable it is to YouTube, increasing the chances it will rank higher within the search results.

Another way to increase viewership is for content creators to optimize their videos for YouTube search. This includes using the Google keyword planner to find words that many people search for and to include those keywords within the description and tags of the YouTube video page.

Promoting the YouTube video through the use of social media and paid media advertising is another popular way to generate additional traffic to the video.

6. Revenue Generation Challenges

Even when all these best practices are followed, there are some revenue generation challenges that YouTube video creators face.

The median cost per thousand (CPM) ad rate charged to advertisers was just $10 at the end of 2018. Because creators are paid only on monetized views, and not total views, the effective CPM they earn can be far lower.

Summary

You should know, content creators aren’t paid by YouTube for the videos they upload. Neither is videos monetized by default. For you to make money on YouTube, you have to enable monetization in your YouTube account settings.

From there, you have options to join the YouTube Partners Program or have your videos listed on YouTube Premium.

CSN Team.