Aug 19 2024
The Art of Making Money On YouTube
This conversation explores different ways to make money on YouTube, including sponsorships, affiliate marketing, and courses/information products. Grant shares his experience with sponsorships, discussing how deals are negotiated and the potential earnings. They also discuss affiliate marketing and the importance of promoting products you actually use and recommend. Finally, they touch on the monetization potential of courses and information products, highlighting the value of online learning. In this conversation, Augie Johnston and Grant discuss various ways YouTubers can make money online. They cover topics such as courses, consulting, communities, physical products, and AdSense. They emphasize the importance of delivering on promises, building a strong connection with the audience, and finding revenue streams that align with the content and brand.TakeawaysYou don't need millions of subscribers to make money on YouTubeSponsorships and brand deals can be a lucrative way to monetize your channelAffiliate marketing allows you to earn commissions by recommending productsCourses and information products can be a profitable way to share your expertise Courses can be a great way to monetize on YouTube, but it's important to deliver on what is promised and avoid scammy practices.Consulting offers personalized advice and can be a valuable source of revenue for YouTubers.Communities provide a space for like-minded individuals to connect and can offer recurring revenue.Selling physical products can be profitable, especially if the product is unrelated to the content and has broad appeal.AdSense is a passive revenue stream on YouTube, but the earnings can vary based on the niche and content.Building a strong connection with the audience and maintaining authenticity are key to success in monetizing on YouTube.