You can make money with YouTube. Beyond that, you can build a steady income stream from YouTube. YouTube places ads either before a video (pre-roll) or as a banner ad over the low section of a video while it’s playing.
How It Works
When you post unique videos to YouTube you can monetize your channel and YouTube will share a portion of the revenue’s generated from ads played alongside your videos.
You associate a Google Adsense account with you YouTube account. In 2014, on average, YouTube paid out $7.60 per thousand video views. So a content provider that averages 100,000 view per month could expect to earn around $760 per month from their unique content, around $25 per day. While it’s nowhere close to the $300 per day, but having some fun producing how-to videos or gadget unboxing videos in your spare time can build up your passive income stream putting you on your way to earning $300 per day in passive income.
What kind of videos can you make?
Almost anything can become an overnight viral sensation on YouTube. However, don’t expect to wake up tomorrow and find that the video of your cat playing with a cardboard box is going to get you a million video views.
Research on YouTube shows that some of the types of videos that get consistent plays are those that demonstrate something, such as DIY home improvement techniques or how-to videos demonstrating a skill. Also videos that show the unboxing and assembly of the latest toys or electronics and gadgets are high in popularity. The key is to find something that you enjoy doing that you are knowledgable at and can demonstrate.
Maybe you’ve got a side business baking organic all-natural dog treats and you can demonstrate your recipes and preparations. You can also leverage YouTube to sell your wares in this case.
Perhaps you’re great at crocheting scarves, maybe it’s forging hand-crafted knives from raw steel, or juggling bean bags. Everyone has some skill or talent that they can share with others and YouTube is an excellent medium for sharing that skill or talent. In addition to providing ways to monetize your skill.
YouTube does have some do’s and do nots.
Examples of videos that could be eligible include:
- You filmed your cat and there is no background music.
- Your video contains royalty-free music, and you can prove commercial rights using direct links to the song and applicable license.
- Your friend’s band wrote and recorded a song for your video and states in writing that you can use and make money from it.
Your video is not eligible if it contains content that you didn’t create or get permission from its creator to use. You need to be able to show written permission for the following video elements:
- Audio: copyrighted sound recordings, live performances, background music, etc.
- Visuals: images, logos, software, video game footage, etc.
- Any other content you don’t own worldwide commercial usage rights to.
Examples of videos that are NOT eligible
- Your video contains a song you purchased for personal use (e.g., bought on iTunes or in a store) but didn’t obtain a commercial license.
- You found a video on the Internet and you cannot prove that it’s in the public domain.
- You are singing words of your favorite copyrighted song and there is copyrighted audio in the background, such as instrumental or karaoke tracks.
- You have used content from someone else without permission, but you haven’t yet received a copyright notice on your video.
- Your video does not provide proper attribution or credits as required by a license.
If your video is not eligible, it may be removed from YouTube.