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Top 5 Easy Strategies For Making Money On YouTube

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The last three to four years have seen an increase in the usage of these seven words.

Why? YouTube has become a significant source of money for video providers and is also the second most popular social media network behind Facebook.

With only 15 years under its belt, YouTube now boasts more than 1.9 billion active monthly users. Over five billion videos are watched on YouTube every day, according to a 2018 statistic provided by the digital agency Omnicore!

People enjoy participating in and interacting with high-quality content, whether it be comedy skits, short films, reviews, or tutorial videos. Nigerian content creators can use the platform as a lucrative source of income now more than ever.

YouTube isn’t quite a lottery ticket, though. Even the most well-known Nigerian content producers on YouTube, such as Miss Techie, Fisayo Fosudo, and Sisi Yemmie, to mention a few, have to put in a lot of effort and maintain consistency if they want to make money from their channels. To earn what they do today, they have all had to continually provide interesting content over time. You can also learn how to monetize YouTube in Nigeria like these well-known Nigerian content producers.

Top 5 Easy Strategies For Making Money On YouTube

This post offers some advice and tactics for making money in Nigeria on YouTube.

1. Produce & Publish Content

Making and uploading entertaining and interesting material to your channel is the first step towards earning money on YouTube. It might be hilarious, instructive, or even just plain silly! There are no restrictions on what you can make. You will undoubtedly have an audience, no matter how small, as long as it is pertinent to the people you want to connect with and entertaining.

Regular content uploads are also essential. Don’t give viewers an excuse to stop watching your channel because they have incredibly short attention spans. The key is to be consistent.

2. Monetize Your Channel

You can then apply to monetise your channel using the Google Platform’s AdSense if you have done so consistently. A fun thing to know is that Google AdSense, not YouTube, compensates you for your work. Your channel needs to have at least 1,000 subscribers and 4,000 hours of viewing in order to be monetizable. As a result, businesses can now pay a fee to bid for ad space on your channel.

3. Participate In Affiliate Marketing

Affiliate marketing is another way to monetize YouTube. It entails placing advertisements for goods and services on your channel. Then, based on how many sales you generate, you receive a commission. You can start by writing product reviews or making “how-to” training films for them, all while putting your affiliate link in the description. The amount you receive depends on how many customers use your link to make a purchase.

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4. Get Brand Sponsorships’ Deals

Many companies support well-known YouTube channels as an additional form of advertising. Brands do not need to wait for you to invite them in.

Send out ideas that give genuine value after conducting research on the companies that are pertinent to you and your audience. If you’re fortunate, some of these brands might get in touch with you, which will launch your YouTube money-making career.

5. Become An Influencer

You can gain influence in a certain industry if you create material for a specific audience, such as those interested in technology, cooking, video games, etc. Although you must first expand your audience, you can approach small businesses to advertise their products on your channel with as little as 1,000 members.

Here are a few methods that anyone, including students, can make money on YouTube. Although there are additional tactics you can use, it’s crucial that your material is engaging, exciting, and new.

So why are you still waiting? Get to work and create! Good fortune!

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