The goal of every hustle is to make cool cash, no matter how small it may be but let it be consistent and steady. Making money from YouTube is not very easy but its far easier than making money from blogging. As videos sale more these days than written contents and a lot of people are not willing to read long articles but may be willing to watch videos that may take minutes.
To monetize your channel, you need at least 4,000 watch hour and 1,000 subscribers which may not be easy to get for beginners and will definitely require a long period of time, consistent and devoted work to achieve.
In this article, we are going to teach you how you can make a cool money here in Nigeria from creating YouTube videos. To start we are going to firstly give you a background review and benefits of creating a YouTube video channel and also discuss some of the possible disadvantages of creating a YouTube video channel that’s if there is any disadvantage.
benefit of creating YouTube account
YouTube is one of the most popular media platforms, if not the most popular for video content creators around the globe. It serves as an excellent means to reach billions of people all over the world with contents relevant to them, thereby providing values to each person.
YouTube has a population of over 3billion users with each person looking for content to fulfill a particular need. Tapping into such a large audience can be just what you need for a new stream of income. More especially, if your videos are interesting and engaging, people will definitely want to visit your channel next time and you will definitely get new subscribers based on reference from your previous audience. To know more about the benefits of having a YouTube channel or account read up benefits of YouTube channel
Also note that YouTube is among the top means of making money online among the thousands of means of making money digitally.
Means to make money from YouTube in Nigeria
Below are some ways through which you can make good money from YouTube here in Nigeria
Just like we mentioned earlier, to monetize your channel, you need at least 4,000 watch hour and 1,000 subscribers which may not be easy to get for beginners and will definitely require a long period of time, consistent and devoted work to achieve.
Apart from making money from YouTube AdSense, you can also make money from running alternative adverts from your YouTube channel, example, advertising people products and services in your videos. These can be done in various ways basically three methods:
Firstly, at the beginning of your video; you can advertise a product you are paid to advertise on your video at the beginning of your video.
Secondly, at the middle of your video; this is placing advert at the middle of your video.
Thirdly, at the end of your video; displaying advert at the end of the video.
Just like offline stores, your YouTube channel can be use as your own online store where you showcase videos of your products and the services you offer. This obviously will boast your business at the same time create publicity for you and your business.
Using YouTube as an online store is definitely cheap and requires no money for hosting and buying of business name or brand name. And due to the large audience available on YouTube, its easier to reach large number of persons that may turn out to be your customers on YouTube.
In situations where you already have an online store or offline business, you can also use YouTube as a means of advert and channel the traffic to your online store. This can also be applied to online Bloggers who have blogs where the blog about a particular product, service or content, can use YouTube to channel visitors to your blog. This will increase your traffic and visitor while will reflect on your google ranking and in return increase your income if your run Google AdSense or alternative advertising platforms on your blog.
Making from donations and sponsorship from visitors and fans could be a great source of revenue. You can ask your subscribers to support you by donating anything they could. Definitely, not all your subscribers will be willing to donate nor support but certainly there will be some good hearted ones who will be willing to support you no matter how small it could be.
On the other side of it, you may also be surprise how much you may raise by simply asking for support from your subscribers.
You may choose to license your contents and make money from people who are willing to offer you money for the contents.
Affiliate Marketing is one of the greatest means of making money these days in the internet. Every online store such Amazon and Jumia has affiliate marketers who make money from referring customers and getting paid certain percentage from the money made from the product sold. Affiliate marketing is a great money-making pipeline for extra source of income.
We believe that using one or two of the methods listed above, you can be able to raise little money which keep increasing as your audience keep growing.
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