Looking for a guide that shows you How to Earn Money on Youtube in Nigeria? Read this post to know more.
Making original and high-quality YouTube videos is an exciting way to earn money online. Just about how many videos you viewed on your Facebook page in a single day the last time you looked through the platform. In actuality, people enjoy watching and interacting with high-quality video content on social media, which is primarily the reason Instagram is currently one of the social networks with the quickest rate of growth.
YouTube, one of the most well-known video websites on the Internet today, was founded in 2005. Ominicore’s 2018 YouTube statistics show that more than five billion videos are viewed on the platform every day worldwide. With 1.9 billion active monthly users, YouTube is the second most popular social network behind Facebook, which has over 2.27 billion active monthly users.
When done correctly, YouTube can prove to be a highly profitable business venture, and it’s a truly intriguing way to earn money. We covered several fundamental ideas and methods in this post that will help you generate twice as much money from YouTube video content creation and monetization.
1. Monetize your videos for Ads on YouTube.
Google’s Adsense infrastructure serves as the foundation for Youtube monetization. You get paid for your videos by Google Adsense, not by YouTube. The ads on your videos are placed by Adsense.
In order to be eligible for monetization, your channel must first have 1,000 subscribers and at least 4,000 hours of viewing during the last year. YouTube has implemented a strategy that commenced in 2020 with the aim of giving priority to watch duration, rather than view count, which was the platform’s previous emphasis.
You are prepared to allow video monetization on your channel once it has reached the necessary amount of subscribers and total YouTube hours.
After clicking on your symbol in the upper right corner of the screen, select My Channel from the drop-down menu.
Press the YouTube Studio button from this screen.
Click the Creator Studio Classic option located on the lower left corner of your screen.
To access the Status and Features section of the Creator Studio, select Channel. Lastly, select Enable in the Monetization box.
Videos can be submitted and accepted for monetization once you’ve enabled it on your YouTube channel. You will need to link your YouTube account to a Google AdSense account in order to receive the money made by these adverts.
2. Sell & market affiliate products on YouTube.
Affiliate marketing is the practice of recommending goods in return for a commission. Affiliate marketers that promote the products of hundreds of thousands of businesses, including major players like Amazon and eBay as well as smaller ones, can earn lucrative agreements from these businesses.
Affiliate marketing is a very well-liked at-home online income stream. Try starting a dynamic YouTube channel and using it as the main source of traffic and sales for affiliate websites, rather than depending on static blogs to direct readers to affiliate links.
Create “how to use this product” tutorials or reviews of affiliate products, such as laptops, vehicles, and mobile phones, to earn money on YouTube as an affiliate marketer. Remember to include a link to your items in your YouTube descriptions. If you don’t use your affiliate link, you won’t be compensated for purchases.
3. Get sponsorships for your video content.
You can see that some of the most popular YouTubers have sponsorships and ads in their videos if you look closely. Many businesses now sponsor YouTube channels in order to directly advertise on them.
It may be necessary for you to prepare a thorough proposal outlining the services you may offer in order to apply for sponsorship. Make sure you are well-versed in both the brand you are addressing and your target demographic. One of the best things about sponsorships is that YouTube does not require payment.
The majority of the time, your sponsorship income far exceeds the money you make from YouTube ads. You will need to put yourself out there and be found if you want to secure a brand contract and become an influencer on YouTube.
How to get a sponsorship or brand deal:
- Look for campaigns and brands that speak to your target market.
- Submit a proposal that complies with the brand’s requirements by pitching them your original ideas (product review, 30-60 shoutout, etc.).
- If approved, you get the job and start working with the brand to complete the project.
- Develop content and apply for brand endorsements.
- Earn Money.
READ – DOWNLOAD PHOTOGRAPHY AND VIDEOGRAPHY BUSINESS PLAN
4. Sell your own products or service
When it comes to how to Earn Money on Youtube in Nigeria, finding out what your audience needs, and then offering them something worthwhile is criticial. If you’d like complete control over the money flowing in and to earn 100% of the revenue? You must market your own goods or services in order to accomplish this.
Let’s say you develop a little online course that you offer for $250. You would have made $0.25 per view—more than 59 times what you would have with YouTube ads—if you could only persuade one person out of every 1,000 views to purchase your $250 video course.
You can list your goods for sale on well-known e-commerce sites like Konga, Jumia, Shopify, and Amazon. These platforms give you the ability to sell your goods online through an online store. Through product mentions or links in your films, you may drive people to your e-commerce page on any platform and generate additional revenue.
Now that you know How to Earn Money on Youtube in Nigeria, Are you ready to start creating content?
