How to Monetize Your YouTube Channel in 2018
Today I really want to dive into; How to Monetize Your YouTube Channel in 2018!
You see, the game has changed. Its not what it USED to be. And even I have just learned this recently.
Having studied so many courses about YouTube I thought I knew! I thought I was up to date!
NOPE. I was way off. And i’m the first to admit I’ve been wrong. In fact I’ve been wrong for 5 years and now its REALLY shining through as to what the right way of going about doing YouTube marketing should be done.
How to Monetize Your YouTube Channel in 2018 PART 1
To start with we must lay a foundation;
- Understanding YouTube
- Why would YouTube shut Accounts down?
- YouTube’s Algorithm Update
How to Monetize Your YouTube Channel in 2018 PART 2
I want to cover some very important points for your YouTube channel Monetization in 2018 including:
- How does the monetization work on YouTube?
- How do you monetize your YouTube channel?
- What other options do I have to monetize my YouTube channel besides AdSense?
- JV Zoo
- Your Products
- Why the Affiliate Marketing model is BROKEN
These 3 key questions I am going to dive into with as much detail to really get you educated and up to 2018 date with what’s really happening with YouTube.
Unbeknown to me YouTube changed its algorithm back in 2012 and has continue to refine it.
Now in 2018 if your YouTube channel isn’t optimized the way they see fit you will certainly be penalized.
Yes its as bad as it sounds. Its gone from algorithm reductions in terms of views, which means subscribers, which means less money. To the extreme of YouTube literally shutting channels down for good!
So YouTube isn’t playing around. They are dead serious about where they’re heading and what they’re doing to get there.
Why would YouTube Shut Accounts Down?
YouTube shuts accounts down, mainly based on AdSense abuse, because there are certain channels using thumbnails or headlines just to get a lot of clicks.
In doing so they have a lot of ads running and Google, meaning YouTube – yes GOOGLE OWNS YOUTUBE, are running less and less effective ads which is hurting their bottom line.
YouTube is now at a point of actually shutting accounts down as they focus more and more on quality.
YouTube’s Algorithm Update
I touched already upon YouTube algorithm update back in 2012. But I didn’t touch on what the update was.
Now, let me state this fact first: YouTube judges ones videos based on over 80,000,000 signals! YES THAT’S MILLION. OVER 80 million in fact.
So this is just a baseline because even YouTube engineers don’t really know the algorithm. Its too large too big too powerful to understand.
Basically, it comes down to 1 main point: engagement! The higher your engagement the higher your video will rank. BUT… another thing that counts is…
Engagement & Watch Time
What is classified as engagement? Things like a like, comments, and shares are all classified as engagement.
HOWEVER, watch time is also HUGE. If your video has a total view time of 55,000 minutes and someone has 20,000 views, assuming the engagement is the same/similar, your video with higher watch minutes will rank better.
So if you want to know how to monetize your YouTube channel in 2018 you must build on the basis that you want higher watch time AND better engagement.
How to Monetize Your YouTube Channel in 2018!
Now that you have a foundational understanding of how YouTube really works in 2018 let’s get into what you really came here for; How to Monetize Your YouTube Channel in 2018.
How does the Monetization work on YouTube?
Most people view monetization in just 1 way: AdSense.
Yes, that’s how YouTube defines monetization also but i’m here to tell you there are many way’s to monetize your videos! And this’ll be of particular interest to those who are in business online and for those who are on YouTube’s Disallowed Countries for AdSense list.
These are the countries that ARE eligible for YouTube AdSense: click here to see if your country is eligible for AdSense YouTube Partner Program.
Don’t freak out if you’re not! Yes, it sucks no doubt. But not for the reasons you probably think.
How do you Monetize your YouTube Channel?
So if your country isn’t eligible for the YouTube Partnership with AdSense program is all hope lost? Of course not!
And the truth is that viewing AdSense as your primary key for returns isn’t the best of ideas anyways.
For example I know a gent who has 190K subscribers, right? He makes over $20,000 per month just from AdSense. Sounds awesome yes? Here’s what’s even better: He make’s $10,000 PLUS PER DAY using marketing skills like what I teach here through blogging, YouTube channel, and email marketing.
Now isn’t that an eye opener? Even someone who makes quarter of a million dollars from YouTube AdSense makes MILLIONS using smarter marketing? Not interesting – absolutely enticing!
Have I got your attention yet? I sure hope so. And this is how its done.
What Other Options do I have to Monetize my YouTube Channel Besides AdSense?
So what options am I touching upon? Can I go into them further? Of course I will!
Here’s the thing: with the YouTube AdSense eligibility, which totally sucks, it means there are a bunch of countries that AREN’T eligible. So what do you do?
Get into affiliate marketing. It’s the best possible option you have for your work.
How do you do this? Let’s go through it all step by step.
YouTube Monetization: JVZoo
How can you monetize your YouTube channel using JV Zoo? Affiliate marketing.
First off understand that JV Zoo is an affiliate marketing platform which means there are products sold on there, that you can sign up for 100% FREE, and promote and you are paid per sale a %.
The % range is massive even up to 90% with some products.
I don’t do this form of affiliate marketing. Unfortunately that model is broken even tho 90% sounds good it is deceiving.
More on that later…
YouTube Monetization: Clickbank
How can you monetize your YouTube channel using ClickBank?
Understand that ClickBank is also like JV Zoo but it does have different products.
Whilst JV Zoo is 100% digital products ClickBank USED to be like that but not now here in 2018.
They provide physical products as well! If you can find something in your niche you can align with your brand this could be an alternative to AdSense.
But, like JV Zoo I don’t give my 100% recommendation to this type of monetization especially in 2018 when there are so many more profitable methods available.
YouTube Monetization: Your Products
My 100% honest opinion on monetizing your YouTube channel is to have your own products.
However, let’s be realistic. We don’t all have the ability to create our own products, house an inventory, provide merchant services, deal with refunds and customer service, right? It’s alot! Too much when you’re starting out.
Its a great option in the future. Long term. And, if you’re capable do it now.
But, I did this in my first 5 years online and its really difficult.
What i’m about to share with you is 100% more powerful to be honest with you.
And, you can start right now and commence making high ticket commissions.
Why Don’t I Recommend ClickBank or JV Zoo?
As i’ve mentioned… you will miss out on big commissions! Let’s break it down a little so you really understand in terms of numbers.
Every sale you get on ClickBank and JV Zoo goes into a sales funnel and what you see is just the first step.
Yes, you get 50% or even 90% of a $50 product which equals anywhere from $25 to $45, right?
What you don’t see is the rest of the sales funnel. Where they’re taken through products worth hundreds and in some cases thousands of dollars!
My Example of Affiliate Marketing Model Being Broken
Me for example I once bought an eBook once which cost $27 and when I reviewed it later on that affiliate made 50% however that’s it which means $13.50 in profit assuming that the affiliate used free methods to promote this product like their YouTube channel.
In that sales funnel I was upsold to a $3,000 coaching and training package which I bought. Therefore;
Affiliate Product Owner = $3,013.50 Profit
Affiliate Promoter (you) = $13.50 Profit
Please tell me you see how this isn’t completely and totally broken? Its VERY broken.
I chose to invest so I can make 50% all the way through the process which has give me days where I made anywhere from $44 up to $1,625 in just 1 day.
And I don’t have to do the sales process or owning the product for that matter, I just did affiliate marketing but smarter.
How to Monetize Your YouTube Channel in 2018 ***MY HONEST RECOMMENDATION***
I’ve mentioned that affiliate marketing is broken. This is half true, half exaggerated.
Yes the model is broken that’s used thru platforms like JV Zoo and ClickBank because they don’t tell you all the big ticket sales, beyond that initial 90% you’ll receive you get NOTHING, yes even if they sell $3,000 or $5,000 courses as a result of YOUR recommendation as I have before you get nothing and that’s why…
My suggestion is to find an affiliate model type that saves you all the trouble that you would’ve received from creating your own problems.
Is there such a solution? I’m sure you’re asking or thinking this doesn’t exist but I believe me it definitely does.
How can you get involved in this opportunity? Click here and sign up for my course so I can give you the foundation of success here in 2018 and in the future!
How to Monetize Your YouTube Channel in 2018 in Summary
So, how do you monetize your YouTube Channel in 2018 and beyond? Here are your options:
- AdSense through Google and YouTube Partnership Program
- Use an affiliate marketing platform like JV Zoo or Clickbank (you will lose 90% of your profits however!)
- Create your own products! THIS is the long term goal but not to start with
- Affiliate Marketing Hybrid System you can access in my course here
I hope this really explains how you can monetize your YouTube channel really understanding there are a lot more options then just same old affiliate marketing or AdSense with Google.