YouTube is a great place for online business and making money. It is one of the most crowded platforms that students and teachers can use YouTube to sell their videos online and spread their reach to the maximum number of students.
How to Make Money through YouTube?
Monetization on YouTube can be enabled through multiple ways. You can make money using one of the following methods:
1. Google AdSense
After you reach 1000K subscribers and 4000 hours of watch Time, you can monetize your videos and earn money. The amount you earn is not like everyone says 1.5$ for 1000 Views.
2. Getting Traffic to your website
You can always mention your links in the Video to Drive traffic to your website where you sell your services and products.
3. Affiliate Marketing
In the same way, you can drive traffic to your affiliate links and earn money from an affiliate network.
4. Merchandize
Also this is a feature on YouTube that allows you to sell courses related to every subject.
5. Advertising
Advertise for certain companies, you can sponsor a certain company in your videos and Earn Directly from it.
How to Start on YouTube?
Simply start by creating a channel, and focus on high quality, patience, and consistency. When you start to get views, you can redirect your followers to your paid services. If you work in the eLearning industry, you’ve considered selling your online courses on YouTube. YouTube is, after all, a pretty popular channel. But that is precisely why things are not so straightforward.
Is Selling Online Courses on YouTube a Good Idea?
Many people think that selling online courses on YouTube is simple. Just put the video there and make it accessible. This is true and false.
1. Test your online course concept with your YouTube viewers.
This first stage is more of a warm-up, but it’s still important.
Before you create your online course, be sure you have a compelling topic that will appeal to your YouTube audience.
Your audience is the best source of information about what they want and need. The last thing you want to do is guess what your audience wants and then offer them an information product that they didn’t want to begin with.
That will only result in crickets, not sales.
Customer research gets you ahead of the competition. Unfortunately, less than 40% of marketers base their decisions on customer research.
2. Optimize your channel to reflect your expertise
Once you’ve got a winning course idea underway, it’s time to optimize your YouTube channel. Everyone that visits your page should clearly understand what you do and what specific problem you help solve. Update your channel everywhere to reflect your area of expertise, starting with your channel art.
3. Pick a great topic
A great topic would help you stand out from other courses. You could first make a list of course topics you are passionate about. Then, research the topics and see whether they fit the market demand. If yes, see what similar courses are already out there and create content that is unique and different.
Besides, make sure the course topics you pick are in your expertise. The more knowledgeable you are in your subject, the more unique content you are creating. When you are known as an expert in your area, you will build trust with your students.
4. Create compelling learning outcomes
Creating compelling learning outcomes could clearly explain why the students would want to enroll in your course, what skills they will be able to demonstrate, and what new knowledge they will have obtained. This step is also beneficial for you to have the right students joining your course.
People only attend courses that help them to solve their problems or achieve their goals. If students didn’t see what skills and new knowledge they could achieve, they wouldn’t be interested in enrolling.
Ways to Earn Money through YouTube Online Course Selling
- When you are uploading a video, make sure you do it on a day like Saturday or Monday.
- Make sure that the video is related to a topic that is trending to get more views and fame
- If you want to make the most possible money out of YouTube, try making a video of more than 10 minutes in length.
- While uploading a video, make sure you put a lot of tags, that improve the sr.no. of your video in a search result.
- Now, while uploading a video, go to the monetization section and click on monetize the video.
- If you are uploading a video above 10 minutes in length, you can insert more ads in between to get more revenue. make sure you don’t insert more than 10 ads in between as your audience may get bored and stop watching your videos.
- Now I was talking about ads because you earn money out of advertisements. According to my knowledge, YouTube gives $3-$2 for 1000 ad impressions.
- If your content is good and after you have reached 10k subscribers on YouTube, you can also earn through product reviews and ask sponsors to sponsor your channel.
- Now the most important thing to be kept in mind, you can only withdraw your YouTube revenue once it has reached $100 and if you are unable to make that much money in a month, it will reset to $0 from the next month.
These were the steps discussed through which you can develop the online courses on YouTube. You can use the points mentioned in this article for taking your online course sale higher and higher every day.
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