You already have an established YouTube account, so your next goal must be how to further leverage your videos’ monetization? You came to the right place. There are a few ways to do this. You can (and most probably already are) become a YouTube partner. You can also do it by offering sponsored videos. Another one to consider on your path to success is expanding your reach and venturing outside of YouTube. More views equal more income. You already know what your next step should be. Yes, I’m talking about expanding to connected TV (CTV). The popularity of CTV channels is booming. The ad spent on CTV platforms has increased by 75% from 2017 to $20 Billion in 2020, don’t you want to grab a piece of the pie? Let’s see how you can do it all.
Monetize YouTube Videos
One way to get started with monetizing YouTube videos is to become a YouTube partner. Your ads revenue is dependent on the amount of traffic your videos are getting within YouTube. The more traffic you have, the higher the income. The average payout is $1.50 and $3 per 1000 views. Not amazing, can’t get rich off that alone. You also need to subscribe to an AdSense account to track impressions making the tracking process a bit more complex than it should be. Also, Adsense won’t release a check for less than $100. So there is money to be made from ads, but you need to keep a steady stream of views to make it worthwhile. If you want to become a YouTube partner, here is a detailed guide.
Monetize Videos on Other Platforms
YouTube is one platform to monetize your videos on. Distributing your content to other video content platforms expands your reach and increases your views and consequently your income. What other video platforms? Glad you asked. CTV has been gaining popularity and channel owners have been rejoicing. With the most profitable of the bunch being Roku. Today, CTV are in 72.4 Million homes in the US alone. The bothersome part is the amount of time it takes to create a new profile and on multiple platforms. Except there’s one amazing tool that takes care of all that. With just a few clicks, you’ve multiplied YouTube’s potential income 3,5, 10 times over. Allowing you to monetize your videos on platforms like Amazon Fire TV, Apple TV, Android TV, Samsung, and more. Here’s a guide to get the most out of Roku.
How to Monetize Videos Beyond YouTube
We’ve mentioned monetizing YouTube videos beyond YouTube so let’s review the tool that will help you do it with little to no effort. Castify is a smart content platform that distributes your video content everywhere for you. Simply sign up, input your YouTube URL, Select the platforms you’d like your content to be distributed to, and submit. Castify takes care of time-consuming and costly parts while you do what you do best – make awesome video content. Castify takes care of the design and profile adjustments with its superior UX methods to keep your audience engaged and on your channel so you can earn more. Castify generates revenue by displaying premium ads, and E-commerce.
Offer Sponsorships to Monetize Videos
Another way to monetize YouTube videos is to offer collaborations with brands with the same target audience. YouTube doesn’t have to be the only one issuing your checks. Use your follower base as a point of strength and offer relevant brands to partner up. Step by step, you’ll become an influencer. The influencers market is flourishing and it’s not too late for you to join the action. As long as your videos are engaging and your follower base keeps growing brands will pay you to advertise them. Here is a guide to help you get started on becoming an influencer.
You shouldn’t ask yourself ‘how to monetize videos on YouTube.’ What you should ask is ‘how to maximize income from your videos.’ The conclusion? Don’t keep all your eggs in one basket and expand your reach. Distributing your videos to more video content platforms increases audience reach and engagement. It’s keeping your followers on your profile, watching more of your content, and boosting your income.