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“Can I Make Money on Youtube?” – Here Are 6 Ways with a Plan of Action.

You have probably seen some very successful Youtubers who have tens of millions of views and millions of subscribers. These guys are making big money. They are famous. Have you asked yourself, “Can I Make Money on Youtube?”

Yes YOU can make money on YouTube!
Anyone can make money on YouTube!

It’s not a rocket science!

If you’re planning to make money on YouTube, the first thing that I recommend you doing is to install TubeBuddy to your browser because it will make the whole process much easier. (Read my Full TubeBuddy review here and see practical ways how it helps me to earn more money on YouTube).

Let’s start with good news: You don’t need to be famous to make money on Youtube. You don’t need a big amount of followers in the start. You need an idea, get started and keep on going. There is four kind of people:

1.Those who don’t have an idea about Youtube videos.
2.Those who have an idea but don’t start
3.Those who have an idea and start making videos. But then they stop before they earn income.
4.And then there are people who start with their idea and keep on going until they break through and start making good money on Youtube.

In which group do you belong?

Making money on Youtube is possible. If it’s possible for one. It’s possible for you. Now let’s think what are the ways to make money on Youtube.

1.Google AdSense

This probably the easiest and the fastest way to earn some revenue on Youtube. However, you will not be earning very much at first. On Youtube, you can display ads on your videos. An ad will appear on the right, before the video or in the bottom of the video. When a viewer engages with the ad you get paid.

So you will not get paid every time when somebody sees an ad but when they click on it or for example watch the full video ad. The revenue on ads vary a lot but usually it’s something like $0,80-$7 per 1,000 impressions. One impression means that somebody has seen an ad once. So this shows that you need usually thousands of views to even get some little revenue with AdSense.

2.Promote Your Own Products

If you have made some products, you can promote them anywhere. On Facebook, Twitter, Pinterest, Instagram, Youtube… But the biggest benefit of Youtube is that in videos you can give the much more profound picture of your products. You can show how they work in practice. You can show the product looks like in real life environment and so on. Just create a video and put a link into description so people can go and buy your product. Or if your product is an event, you can invite people through your video.

3.Affiliate Marketing = Promote Someone Else’s Products

If you don’t have own products this is an easier way to get started. You don’t need to care about product’s handling, shipping, customer complaints and so on. You just present the product and the company takes care of all the other things.

You just put a link to the description and when people click it and go to buy a product, you earn the commission. I have seen Youtubers who are making thousands of dollars with a single video when they put some links to their description.

For example, there is a guy who makes book reviews. Then he was asked what is your favorite book. Then he makes a video where he shows his 9 favorite books and explains a little bit about each of them. Then he put the Amazon links in the description. Every time somebody clicks and buys some of those books, he earns. In addition, if somebody clicks and ends up buying something else on Amazon, he earns the commission.

Those three ways are probably the most popular ones and easiest if you are a beginner. There are also many other ways how you can monetize your Youtube channel when you have gained a big amount of followers.

4.Get Paid to Talk about Products

When you have lots of subscribers, companies get interested in you. They may contact you or you can contact them. There are websites where you can find companies that pay for example somebody who has +10,000 subscribers. When you can 11,000 subscribers, you can contact the product and then you make a deal.

When you have a big audience and people trust in you, they are more willing to buy the products you talk about. Many people may buy a product if you recommend it. Or even that you talk about and raise the awareness is beneficial for the company. The more subscribers you have, the more you get paid. The company can, for example, pay $100 that you make a short video about their product. But again, this requires lots of followers.

5.Licensing your videos

If your video are high quality and they have enough exposure, more and more people get interested in you. Sometimes companies want to use your video or a part of it to their commercials. Then you can sell the part for them and earn some good money. But this, of course, requires that your videos are good and people find them.

6.Invitations/Job Offers

When you get famous on Youtube or people recognize that you have some good talent, you can get invitations. Some Youtubers get invitations to big conferences to speak about their expertise and teach other people.

There was a girl in Finland who published a video on Youtube where he spoke 14 “fake languages”, sang on some of her videos and played instruments. People recognized her talents and she started getting invitations to TV-shows and series. Then she got invited to Hollywood and she signed a contract with a music producer. Everything started with her Youtube videos.

Or then you can make a video about your skills and an employer sees it and invites you to a job interview. The bottom line is that with Youtube the possibilities are limitless.

How to Get Started?

There are three options:

1.Post 100 videos and wonder why they don’t get any views
2.Study and learn all the skills to become a successful Youtuber. But never get started.
3.Start posting videos and keep on learning at the same time.

Which one would you choose? There are people who keep on posting and posting. Then they think that competition is too high and it’s too hard to make money on Youtube. Then some people know what it takes but don’t bother to do the hard work.

In my opinion, the best way is to get started. First, make a plan. For example, decide to publish at least one video every week. Then get started. But don’t only do that but study how you could get better. There are many things that you can practice when you are making Youtube videos:

• How to get ranked better (Go through the step-by-step training on how to get ranked on Youtube)
• How to make your thumbnail better
• How to make a better introduction
• How to maximize conversions
• How to improve the quality of your sound and other aspects of the video
• How to get more interaction to your videos
• How to get more shares on social medias
• How to get more subscribers

There are so many things that you can practice. Every time when you practice some of these skills you learn something. And when you learn something new, you are always one step closer to your Youtube-success. There is one thing that I have noticed among successful Youtubers:

95% of them have worked for years to achieve their success. And all of them started with 0 knowledge.

Everybody who is in the top today has started from the bottom. Every single one. And you are not different. If you want to make money on Youtube you need to start and keep on going. It will take lots of practice and probably lots of failures but those who never try, fail by default.

Example of a Success Plan for Youtube

Benjamin Franklin said, “If you fail to plan, you are planning to fail!”. That’s why it’s important to make a success plan. It will help you to go forward even when you don’t feel like it.

What you will need for Youtube videos. A microphone or/and a camera. Start by buying those. Write down the deadline when you are going to buy them. Then make your research and when the day comes, you buy them.

Then publish at least 1 video per week. It’s okay to start slowly. Write down dates when you are going to publish your videos. If possible, write down also what will be the subjects of those videos.

Then every week learn something new. I have listed above 8 subjects that you can study to improve your skills. There are even much more but you can start with those. Decide what you are going to study and when. Write it down to your calendar to make sure that you will really do it.

Then start publishing 2 videos per week. I know a successful Internet marketer from France who is posting a new video every day. So 2 videos a week will be your goal. Again, write down dates when you are going to publish them. Then after some time analyze your results. Ask yourself questions: What have you done, what have you learned, what should you improve to get better results immediately and so on. Write down your answers.

Reach out to other successful Internet marketers to get help and learning even more. You need to become an authority. And when you create new content you are always learning something new. The best way to learn is by doing. So, make an action plan and stick to it. And remember that there is only one way to fail. That is quitting.

Want to Get a Step-By-Step Training to a Make Money Online?

To be honest, I am not a specialist on making money on Youtube. I am planning to start learning more on about Youtube and making videos next year in 2017. I will use this post as a guideline and motivation to get started and keep on going. Then I can also report my progress here on YourOnlineRevenue.com.

Many principles that work on Youtube apply also to making money online in general. You need to learn how to get ranked and how to get traffic. You need to learn a bunch of skills.

There are much training regarding that subject and we have reviewed tens of different programs here on YourOnlineRevenue.com. Our #1 recommendation is Wealthy Affiliate. They provide the most comprehensive, in-depth and practical training. In addition, they have the most active and the best community for Internet marketers with more than 800,000 members.

When I am about to start my success journey on Youtube I will for sure ask other successful Youtubers in WA what are their tips and advice. Then I will save tens, hundreds or even thousands of hours because I don’t need to make the same mistakes that they have done.

Want to become part of a community of Internet marketers? Join today in Wealthy Affiliate. It’s totally free to get started!

A question for you: Have you made money on Youtube? How?

Share your thoughts on making money on Youtube. Leave a comment below!

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Multilevel Marketing vs Affiliate Marketing. Success Is Possible in Both But….

So, you want to make money online but you can’t decide between MLM and affiliate marketing. Today I am going to compare those two in this Multilevel Marketing vs Affiliate Marketing -article. Let’s start first by earning potential.

Both Can Be Profitable

If you want to earn well, there is a lot of potential in both of those. There are multi level marketers who are making $10,000/month and they are affiliate marketers who are making $10,000/month. But I have seen one interesting fact in both of the marketing ways. Most of the people are earning less than $100/month in MLM or affiliate marketing. It tells us the hard reality. Many people try because it’s easy to get in. But many people also fail.

However, if somebody has failed it doesn’t mean that you would fail. If somebody has succeeded, you can succeed too. They say that 9 out of 10 businesses fail. Robert Kiyosaki had already failed twice and he was starting a new business. People asked him, “Why would you bother? You have already failed twice.” Robert just answered, “Well, if 9 out of 10 businesses fail, I still need to fail 7 times more and then I will succeed.

There are nowadays more than 3,4 billion people online and the number is rising every day. Billions of dollars are spent every year online. By becoming an affiliate marketer or multi-level marketer, you can get your own share of that.

Want to Become Rich Quickly and Easily?

MLM-programs are usually marketed with shiny objects: “See how much our top marketers are earning!!!” Then there are pictures of successful people driving new cars and living in big houses. “Want to become a rich like them? Join our program today and you can be one of them!”

Same applies partially to affiliate marketing. There are many people who are making big income online only by promoting other people’s products. It can give you an illusion that making money with affiliate marketing is quick and easy. But I need to tell you the truth.

There is no shortcut to success. If you want to build your own business, it requires hard work.

Affiliate marketing or MLM-program will not make you rich overnight. You can make your first income within the first week like Alex Sol did but it will require very dedicated effort Most of the time you will earn your first money from affiliate marketing after a few months. But the happy news is that when you start generating income, in affiliate marketing it will usually grow like a snowball.

You can easily scale up your online business by repeating the same things that you used before to achieve a little success. Did you achieve your first #1 ranking in Google? Repeat the process to get more #1 rankings. Did you make your fist sale, keep on doing the same things and more sales will come?

Millionaires say that earning a first million was the most difficult one but the others were already much easier. When you start getting organic traffic and sales from your website, keep learning and the results will increase.

Why I Don’t Like MLM?

Personally, I haven’t really found MLM-programs that I would like to join and put my efforts. There have been some very interesting programs but all of them have the same problem. Their products are way too expensive.

I am not saying that an expensive wouldn’t be worth it because it definitely can. Still, the products that you find in MLM-products are usually 2-3x more expensive than similar products that you could find in a local supermarket. Are they higher quality? Sometimes yes, sometimes not.

One thing that many people don’t like in MLMs is that they need to recruit new people all the time. They are asking their friends and family members to join. Sometimes it may even seem like “forcing” new people. Then having those little parties at home where you show new products to your friends and they need to buy something because they want to be polite and don’t want you to get angry. (Of course, I am a little bit exaggerating here but you get the point.)

Another thing is that most of the MLM-programs are very expensive to join. We have reviewed many of them on YourOnlineRevenue.com and you have probably seen that many times it costs +$99/month to get in. Sometimes the price had been even many hundreds of dollars every month. Compare to affiliate marketing. You can get started totally for free without any investments.

Why Do I Like Affiliate Marketing?

The idea of affiliate marketing is easy. Just leave links of interesting products or websites to somewhere on the Internet. When somebody clicks the link and buys something, you will earn a commission. You can promote literally anything you want.

If you are interested in dogs, you can promote dog products.
If you are interested in Christianity, you can promote Bibles.
If you are interested in traveling, you can promote travel products like hotels and airlines.
If you are interested in languages, you can make a promote language learning products. (Check my website LanguagesAreEasy.com)

Here you don’t have the same challenge like in MLM that products would be too expensive because you can promote products of any kind. You can promote products that cost $1 or you can promote products that cost $10,000. And sometimes you can even give a discount for your followers which is even better.

Imagine that in MLM-products there is usually at least 20% extra price but in affiliate marketing, you may give a 20% discount sometimes. Is there a big difference? (Note: there is not always a discount but sometimes)

In affiliate marketing, you can find products for everyone’s needs

I have a good friend. He is very skillful to handle money like I am. However, there is a very big difference what kind of products we use and buy. He is not looking for cheap products, he is looking for quality products.

I am also looking for quality but I am also concerned about price. I am not willing to pay $1,000 if I can get the same product for $200. Don’t get me wrong here. My friend doesn’t want to buy expensive products just for the sake of it. But for him, it’s not a problem if a product is expensive if he just gets good quality. Some people look for very cheap products, some people don’t care and some people look for luxurious products. “Buy a luxury holiday of two weeks on the beach of the Caribbean.”

People are different and products that they look for are different. That’s why affiliate marketing is wonderful. You can promote products of any price. How would it feel to promote a product for $5,000 and get a 10% commission? That’s totally possible. You just need to target the right audience.

Want to Become a Successful Affiliate Marketer?

Do you know what is the recipe for success? Learn what other successful people have done. Repeat what they have done, learn during the process and become successful too.

Many things in affiliate marketing are repeatable. Build a website, get ranked on Google to get traffic, optimize your text in order to get conversions and see how dollars start dropping to your account. The process is very simple but “Why don’t everyone do it?” There are three main reasons:

1.People don’t know what it is.
2.People don’t know how to do it.
3.People don’t want to do what it takes.

Then there are people who find out what it is, how to do it are willing to do what it takes, become successful. Are you one of those?

Some years ago I didn’t know about affiliate marketing. And nowadays when I have talked to people to explain what I am doing online, they haven’t even heard about affiliate marketing.

I believe that one reason people don’t become successful with it is because they don’t even know about it. Now you know about the possibility so you don’t belong to a group that wouldn’t know what it is.

Maybe you belong to the group 2, you don’t know how to do it. Then I want to introduce Wealthy Affiliate for you. It is an online training center and community that teaches you everything you need to know in order to become a successful affiliate marketer. One of the greatest benefits is that you can get started for free.

Now you know what is affiliate marketing and how to do it (by registering to Wealthy Affiliate and going through the training). The only questions are, “Are you willing to do what it takes?” If you are ready to become a successful affiliate marketer, click here to start a training for free!