https://www.GoodMorningGwinnett.com YouTube is changing the game for creators. There a millions of people who have creator accounts on YouTube, but only a few of them are making real money from their channels. I have myself about 6 channels on YouTube, but because I can see a new future with YouTube I’m about to launch channel number 7.
Before the way that people made money on YouTube was via ads, affiliate links and sponsorships. YouTube seems have been listening to the creators and have added new ways for creators to make money. Below are a few very interesting ways to monetize your YouTube Channel.
New Ways To Monetize Your YouTube Channel
- Selling Merch. Yes you can now sell merchandise right from your channel. This is exciting because you can manage your ecommerce store right from your YouTube channel
- Selling Memberships-If you are building a community right on YouTube why not sell a membership for those who already love you and what you are sharing with them. Now you can create a community on YouTube and charge them a fee between $4.99-$49. This is so cool, because most of the memberships I’ve ever been apart of I spent between $19-$79. What’s also nice about this is the fact that this becomes a recurring stream of income.
- Making Money From Shorts- Most people who are making shorts are doing them on Instagram or on TikTok and they aren’t really making any money for the shorts that they are producing. YouTube introduced shorts last year, and now they want you to start making money from the shorts that you create. It’s pretty simple to make a 50 second video and add it to your channel.
So these are some of the amazing ways for you to make money on YouTube. With all of that goodness I do have some reservations.
Here Are My Reservations
I love everything that YouTube is doing to help creators make money on their platform, but my concern is should you put all of your eggs in one basket? By one basket I mean YouTube. If your videos, memberships and store are all on the YouTube platform if they decided to shut you down, what would happen? See this is my concern. Will you lose all of your content and your customers? This is a scary thought. So before I launch completely on YouTube and before you launch completely on YouTube, we have to get these questions answered.
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