There really isn't a formula for success on the video platform, but there are certain things you can do (and need to do or have) in order to make money. The main ways to generate revenue from a YouTube channel include having ads on your videos or channel, getting sponsored and endorsed, and selling products through a YouTube platform.
You will first have to build up your YouTube platform to gain more followers. While it is by no means a science to instantly get thousands of subscribers or views, by posting frequently, promoting your videos, and paying attention to engagement and demographics, you can see what performs well and curate your content to what your viewers seem to like.
But once you do get a bit of traffic on your videos, you'll want to start making money.
However, contrary to popular belief, making a ton of cash off of ads on your videos alone won't get you that millionaire status (or even a couple hundred bucks, sometimes) - so you may have to be creative.
Ads
Still, one of the main ways (or easiest) to earn money on YouTube is through YouTube running ads on your videos. Once you get a certain amount of views, you can connect your account to a Google AdSense account, which will allow you to start earning money on your videos, according to USA Today. In order to qualify, you reportedly now need (as of January 2018) 4,000 watch hours in the past 12 months, plus 1,000 subscribers to join the YouTube Partner Program (which will get you ads and therefore cash from your channel).
Still, although it may vary depending on how much the advertiser is paying YouTube, you will most likely only make between $1 and $2 per every 1,000 views.
However, beware of using copyrighted material in your videos, which will prevent you from qualifying to monetize your video.
In order for a YouTuber to get paid for an ad, the viewer of their video must have Ad-Block turned off (meaning they will see all the ads on videos) and must watch at least 30 seconds of videos they could otherwise skip. Or, this will work if the viewer sees smaller ads like banner ads, according to YouTuber Mah-Dry-Bread. The money generated from the viewer watching these ads is split between YouTube and your channel.
Sponsors and Deals
Typically only offered to large YouTube channels with a wide audience (although not exclusively), another big way to earn cash through YouTube is to get sponsored deals with companies that will pay you to promote or mention their products in your videos. You can earn money this way either as a lump sum of cash the company will pay you for the deal, clicks on the company's link, or on a per-view basis.
However, be sure you disclose the nature of the video, as it is required by law to mention that your video is sponsored in the description box. Still, sponsored deals can make a lot more money than regular ads.
Additionally, many of these companies (which, for some YouTubers, include brands like Ford (F - Get Report) , Microsoft (MSFT - Get Report) , P&G (PG - Get Report) , Samsung (SE) and GE (GE - Get Report) to name a few) recruit YouTubers to be brand ambassadors, which can earn them money in a similar fashion.
Other Ways to Earn Money on YouTube
While ads and sponsorships do provide a decent amount of cash for some YouTubers, they are by no means the only way you can generate income from your channel. In fact, according to some YouTubers, they aren't even the main way. Other means of monetizing your videos include using sites like Patreon and selling products through your channel.
Saturday, August 25, 2018
Google Adsense and How to Make Money With It?
Google Adsense works on a cost-per-click and revenue sharing basis. It charges advertisers per ad click and publishers get roughly 68% of the click amount. Publishers’ commission heavily depends upon the competition in niche. In practice, the commission per click can range between $0.20 and $15. The majority of niches bring less than $1 per click to publishers.
So your main task will be to provide as many clicks to those ads as possible. But do not try to cheat Google and artificially increase the number of clicks. Do not encourage your website visitors to click ads and - of course - do not click your own ads yourself under any circumstances! Google has a very accurate and complicated system for preventing click fraud. Once it notices some suspicious activity on your website or has any doubts about the quality of your traffic and clicks – it will suspend your account.
The amount you earn doesn’t solely depend on the cost per click value in your niche. It also depends upon how ads match your audience interests, where the ads are located on the page, etc. So pay attention to the content of your website, its look-and-feel, and test different placements within a page to find most efficient option.
Your earnings also depend on the amount of targeted traffic to your website. Only a very small amount of your visitors will click those ads (1-2% in average). And most of the clicks will bring you less than $1 per click. Now, you can calculate yourself how much traffic you need to earn the amount you want. Therefore, if you want to make money with Adsense you should have big traffic volumes. This will require a lot of work and a lot of unique and quality content.
Before starting a project, you can check with Google AdWords Keyword Tool for the most promising niches in terms of traffic volume, competition and cost per click. But it is always reasonable to make a website on a topic you know a lot about. In this case, it will be much easier for you to generate a lot of quality content and this work can be pleasurable. Do not expect to make $1,000 per month with a 10-page website. It is recommended to create at least 20-30 pages of content before applying it in Adsense.
Briefly summarizing, you can make pretty good money with Google Adsense, but it is not a program where you can get rich quickly. You should love the topic you are writing about and know a lot about it. This will help you get a lot of traffic and monetize it as well with Adsense.
Make Money Online FAST !!
#1: Google Adsense
If you've visited any website, you've seen Google ads. These ads are everywhere, and for good reason. Not only are they easy to set up on any basic website, but they can be lucrative once your website starts bringing in a steady amount of traffic.
One of the cool things about Google AdSense is that it's so easy to get set up. If you have a blog or website, you can sign up for a free Google AdSense Account. From there, Google will give you a unique code that you will paste onto your website. Google takes it from there, tracking your page views, traffic, and earnings on your behalf. There is no upkeep or maintenance to get this thing going, which makes it a no-brainer if you have a website already.
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How much will you make? I think my best month with Google AdSense was almost $5,000 over the last ten years. That amazing month blew my mind since it was actually near the beginning of my blogging journey. When you go from making zero to $5,000 in a month, that will rock your world. For me, it also got me even more excited because I knew there were other ways to monetize.
#2: Affiliate Marketing
Whether you have a website or are still dreaming up ideas for a blog, you can also look into affiliate marketing. With affiliate marketing, you partner with brands and businesses within the content of your website. If you mention a product or service, you link to that produce or service using a unique affiliate code you received when you signed up for that particular affiliate program. From there, you’ll make money any time someone buys a product or service through your link.
Generally speaking, you’ll want to partner with affiliates that are related to your blog concept. Since I’m a financial advisor, I have focused a lot of my affiliate energy on financial products like savings accounts, credit cards, and investment accounts.
In addition to signing up for individual affiliate programs, you can also sign up for an affiliate ad network that offers a ton of different affiliates in one place. That way, you can see what works and what doesn’t work over time.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
While Michelle works with a ton of affiliates in the financial services industry, one of her biggest affiliates is a blog hosting company called Bluehost. This just goes to show that you can make money with nearly any affiliate company or product if you know your audience and build up enough traffic to create sales.
#3: Consulting
Another way to make money online is via consulting. If you’re an expert in any field, you could potentially find people willing to pay you to counsel them on their personal or business goals. You might think you’re not important enough to consult for big companies, but you could be surprised at the types of expertise people will pay for.
My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on the side in an unlikely industry. Robert told me that, after he had been blogging for a few years, a couple of brands reached out to him to ask him for help with social media and online marketing.
Robert said he did an average of 4-6 of these gigs per year for a while depending on his schedule and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And remember, this was pay he was earning to advise people on the best ways to use social media tools like Facebook and Pinterest to grow their brands.
If you want to start consulting but aren’t sure what steps to take next, you can also set up a free account through Clarity.fm. This website lets anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and book a session you’ll get paid for.
#4: Online Courses
f you have any skill you can teach others, it’s also possible to set up an online course you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own course for financial advisors who want to take their businesses online— The Online Advisor Growth Formula.
Last year, I profiled my friend Joseph Michael of Easy Course Creation. Michael offers several different courses, including courses on a writing software called “Scrivener.” Over the years, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he has earned.
Most people set up their online course through a platform like Teachable.com. With Teachable, you can upload your course materials and use the platform to manage customers and accept payments.
#5: Podcasting
Another way to make money online is by hosting an online podcast. I have the Good Financial Cents podcast to go along with my blog, and I use that platform to find new sponsors and advertisers all the time.
I still remember getting my first sponsor on the podcast and finding out they were willing to pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days. That was insanely exciting to me at the time since I wasn’t sure I would be able to monetize my podcast that much at first.
However, there are tons of people making a lot more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the show’s most recent income report, this podcast brought in a net income of over $400,000 in March 2018. Now, that’s crazy.
The key to getting ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors. This isn’t the easiest way to make money online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it is still worth considering.
#6: Book Sales
While the publishing industry used to be heavy in print, you can complete the entire process of writing, publishing, and marketing a book online these days. Websites like Create Space will let you upload and take your book to print without getting a formal publisher involved, and you can even get your book on Amazon.com so people can buy it there.
A blogger I know named Joseph Hogue has a successful blog (My Work from Home Money) and a thriving book publishing business. Hogue has written several books he has published online to create an ongoing source of passive income. He says he averages about 685 books sold per month to bring in an average of $1,857 in revenue. Not bad, huh?
If you think you could write a book people would want to buy, this is a smart strategy to consider since the start-up costs can be minimal and you probably already have a computer and word processing software anyway.
#7: Lead Sales
Another way to make money online is by collecting leads. The main steps you need to complete to make lead sales work include setting up a website, getting traffic to that website, and making sure you’re collecting leads that someone will actually pay for.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.
Basically, lead buyers are willing to pay for the personal information I gather from people who visit my website. This is a win-win for everyone since I get paid for the leads and my website visitors are connected with someone who can help them.
Keep in mind though, you can sell leads in many different industries —not just life insurance. Really, you just need to figure out a niche, build a website and traffic, and see how much you can get for the leads you collect.
#8: Freelance Writing
If you have writing skills and creative talent, it’s also possible to get paid to create online content. I don’t do this as much as I used to, but I am very aware of how viable this income stream is.
One blogger I know, Holly Johnson, actually makes over $200,000 per year creating content for other websites. And actually, that’s on top of the six figures she earns with her blog, Club Thrifty.
Holly told me she started writing content in 2011. At the time, she still worked a full-time job but created content online part-time to supplement her income. Over time, she was able to double and triple her rates until she could quit her full-time job to write. These days, she makes bank as a freelance writer and teaches others to do the same via her online course, Earn More Writing.
According to Johnson, the key to making it as a freelance writer is figuring out a niche, networking with people who might hire you, and delivering high quality content 100 percent of the time. While there are a ton of writing job boards to help you get started, she says it’s fairly easy to find starter writing jobs on websites like Upwork.com.
#9: Sponsored Posts
If you have a website or a large social media following, you can also make money by pursuing sponsored posts and ads. But, how does this work? Basically, companies are willing to pay bloggers and social media influencers to promote their products and services. If you have a platform, be it a blog or a huge Instagram following, you can cash in.
The first time I got a sponsored post for Good Financial Cents, I was totally blown away. I think I got paid only $100, but that was a lot of money to me at the time. Later on, however, I realized companies that wanted a sponsored post really just wanted a link from my website to their own site. For that reason, I started increasing my rates.
These days, I charge around $4,500 for a sponsored post. Plus, I clearly mark all sponsored content as an #ad to stay in compliance with Google’s terms and conditions. I also only promote companies I use or believe in.
But, I also know bloggers that get $20,000 for a sponsored post. That’s pretty crazy, but it just goes to show what is possible.
Keep in mind though, you don’t need a website to do sponsored content since you can also get paid if you have a lot of social media followers. My wife has a pretty big Instagram following, and she gets all kinds of sponsorships. Not only does she get paid in cash, but we get a lot of free stuff, too. We’ve received free rugs, free lights, and free carpet cleaners. She only promotes things she loves though, so this strategy works really well for her.
#10: Webinars
Need more ideas on how to make money online? Another strategy is using webinars to market your product, service, or course. I’ve done webinars to promote my financial planning practice and to drum up interest in my online course for financial advisors. With a webinar, you’re basically offering a lot of tips and advice for free — usually in a live format. At the end though, you pitch your paid product or service with the goal of securing a few deals.
Professional speaker Grant Baldwin uses webinars to market his courses on public speaking, including Get Booked and Paid to Speak. While Baldwin offers plenty of free tips during his webinar, he offers his course at the end for people who want to pay to learn more. And, a lot of times, his sales pitch works.
No matter what you’re selling, it’s not that hard to set up a webinar and attract people to sign up with a lead magnet or Facebook ads. Heck, you can probably find a free webinar on how to create your first webinar if you look hard enough.
#11: YouTube
YouTube is another platform that has made it possible for people to earn money online. There are a ton of YouTube channels out there on any topic if you can think of, and most of the people with a big following are earning some money in exchange for their videos and time.
What Jobs Are Real.
If they get your unwitting cooperation in a crime, participation in a felony that could land you in jail. Not trivial.
5 Major Types of Job Search Scams
The scammers are endlessly creative, so this is not everything, by any means.
But these are the major scams I've discovered.
1. E-mailed Job Offer Supposedly from an Employer, Recruiter, or Job Board.
Maybe the email claims they found your resume on Monster or CareerBuilder or their company website, etc.
The message says they think you are the perfect candidate for this new opportunity.
You might not remember ever applying (and, if it's a scam, you likely didn't). You may not remember seeing the employer's name before. Or, perhaps the employer name is a famous one you would love to work for.
And, they are very interested in hiring you -- immediately!
All you need to do to is send them personal information for a pre-employment credit check, complete your application, or give them the information they need to complete the process so they can bring you on board as a new employee.
They want you to give them sensitive information like a copy of your driver's license (which tells them your birthdate), your Social Security Number (to complete the paperwork to hire you), and/or your bank account number (for depositing those never-received paychecks)..
2. Fake Jobs on Social Media
This is the newest venue for job scams, and no social network is imune or perfectly safe. Be cautious of jobs and recruiters you find on social media.
Fake Facebook pages exist with many "opportunities" shared and promoted. Bogus jobs may also be posted on legitimate Facebook pages, too.
3. Fake Jobs Apparently from Legitimate Employers
The job posting or the website claim to be a real employer, perhaps from a well-known company like Google or Apple or often from less well-known names. But, although the employer name is legitimate, the jobs are NOT legitimate because they not actually from that employer.
In this scam, the real employer doesn't have anything to do with the posting. This scam abuses a legitimate employer's identity.
4. Bogus Jobs on Legitimate Job Boards
The job board may be a well-known brand name like Indeed, Monster, CareerBuilder, Craigslist, or your favorite professional association's "career center." But, while the job board is legitimate, the job may be a scam.
Frankly, I wouldn't trust all of the jobs posted on any website completely, with the exception of USAJOBS.gov, and then I'd double-check to be sure that I was truly viewing a page of USAJOBS.gov by checking the URL in my browser.
5. Fake Job Boards, Fake Employer Websites, and Fake Recruiter Websites
These can be hard to spot. The website may look very professional, but their only goal is to collect as much personal information from you as possible. The websites looks great, but the employer or job board don't really exist. Fake jobs are posted for job seekers to apply for.
Usually they require your personal information, particularly your Social Security Number for "pre-screening." They usually also need your personal bank account number so they can begin depositing your paychecks (because they are ready to hire you immediately).
The fake job boards usually require you to "register" before you can see the job postings, but they may allow you to select the "job" you want first and then collect your information. There may -- or may not -- be any jobs (bogus or legitimate) posted on these sites.
Wednesday, September 13, 2017
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