Issa Asad Tells 4 Ways You Can Actually Make Money on YouTube
The Internet changed the world the way the wheel and industrial revolution did. It has made people billionaires, millionaires and has given millions of people around the world the ability to earn income through monetization of their skills.
“One of the biggest and most misunderstood platforms that people use to make money online is YouTube,” said Issa Asad Florida entrepreneur and businessman since 1996. Mr. Asad is the CEO of Q Link Wireless and Quadrant Holdings in South Florida.
Whilst many people make money through advertisement revenue, it is often just icing on the cake for established YouTubers and Vloggers. The best way to maximize earnings from YouTube is through using it as a catalyst. YouTube has a massive network that you need to take advantage of.
Here, Issa Asad Tells 4 Ways You Can Actually Make Money on YouTube:
1. Affiliate Links
Directing traffic to affiliate links can be a huge income revenue stream. Affiliate marketing is one of the most popular ways to earn money online. However, most people do not take advantage of the earning opportunity and do not put enough effort in to make affiliate links a sizeable income. Most people rely on static blogs and links at the bottom of a video’s description page to direct people to links. This is a waste of opportunity. Instead, create a YouTube channel that is attractive and use that as the primary catalyst for the links.
The most successful YouTubers have sponsorships in their videos. These YouTubers often not only get money but free products as well. What’s more, Youtube does not take it’s usual 45% cut that it does with Ad-sense. Another positive about sponsorships is that you can negotiate the contracts. Often sponsorships are a much greater source of income than Ad-sense, whilst a YouTuber still gets to keep their Ad-sense revenue. Even if the Ad-sense revenue is chickenfeed compared to sponsorships.
Youtube is one of the largest search engines in the world, second only to Google. Therefore, not taking advantage of its marketing potential is absurd. Using YouTube to sell your own products is a great way of making money. If you already have a product to sell, you can set-up an e-commerce front like Shopify. Then, produce videos about your product or that fit in the niche of your product. You can also make videos that tell why your viewers should buy your product. Engaging videos with a good product will result in a very successful funnel.
4. Live Speaking Events
Live speaking events can turn into big money making machines for YouTubers that have lots of followers. If you have a YouTube channel that makes videos on a particular niche, find out about annual conferences and other similar events that have speakers. Then, use your best videos and clips as well as statistics on your audience, to produce a package that is sent to the directors of these events. Speakers at big events and sometimes even small, get paid tens of thousands of dollars if not more. Therefore, if you have a large channel, make sure that you are seeking out such opportunities. You will not only get money but have a chance to network with successful individuals and cater to a new audience.
YouTube is not only a great way of making money but also great for entering new markets and advertising your own products. It builds bridges to other ways of making money. The above methods are great for taking full advantage of YouTube’s money earning possibilities. Incomes can even double if all the above methods are implemented.