Without YouTube, it's difficult to imagine a creator economy. There is something for everyone, from viral cat videos to in-depth tutorials. This site attracts a tonne of skilled creators because of its enormous reach. Nearly 50% of survey participants in research on professional content creators named YouTube their primary platform.
The advertisements shown throughout the videos of YouTube partners earn money through ads. But to make money from youtube ads, your channel must qualify for the Youtube ads program with 1000 subscribers and 4000 watch-time. Furthermore, when a content creator pours hundreds of hours into one video, and it's in youtube's control, who can and cannot monetize their content and end up demonetized or completely taken down from YouTube.
Fortunately, there are other ways to monetize your content on YouTube. In fact, you'll find that the most successful creators rely on ad revenue the least. This article will introduce the 3 best additional income streams real creators use to earn money without relying on the ads.
1. Digital Products
Digital products are a natural evolution from physical ones. You must have seen multiple content creators are now selling their digital such as online courses and ebooks, as well as paid, private communities.
2. Merchandise and Physical Products
The first alternative source of revenue that creators frequently include in their channels is merch. Giving your audience a tangible product, such as a t-shirt or mug, is a great way to strengthen your bond with them and provide them with a tool to market your business.
3. Affiliate recommendations
Growing an online audience has its advantages, one of which is that people start to believe in your knowledge and expertise. Then, you can use their trust to your advantage by recommending experts, tools, and products.
Affiliate marketing describes this cycle of recommendations. When they recommend products to their audience, creators receive a small commission for their recommendations.
All of this and much more are covered in my Youtube Mastery Program. I also include bonus premium tools like canva for Free, a list of over 100+ profitable niches. All you have to do is follow along and implement it step-by-step. So make sure you Join the Youtube Mastery Program with all the extra bonuses because you will get a ton of value from it.