How To Make Money On YouTube In Nigeria [A Beginners Guide]
YouTube is the most widely used app in the world of the internet: that’s 1.9 billion users logging in every month.
But at the same time, 500+ hours of video are uploaded to YouTube every minute. Ad revenue is the most accessible way to make money on YouTube.
But it’s not the only way I’ll be honest, this is the best way for many individuals.
Read on, and we’ll tell you more ways to earn income from your YouTube channel. So let’s start the main article
How To Make Money On Youtube In Nigeria 2020
- Become a YouTube Partner
- Sell your own merchandise
- Create sponsored content
- Get your fans to pay you directly
These are the ways which help you a lot in making money. It will be more understandable to the youth.
They are more prone and get effectively attracted to this. Let’s discuss more on them.
Become a YouTube Partner
The YouTube Partner Program is accessible to the YouTubers and getting special features on this platform.
It was not necessary to be a partner with anyone to make money on YouTube (just setting up an AdSense account and getting views which is enough to handle that), but being a Partner makes it in a very easier way. And this is one of the common ways on How To Make Money On YouTube In Nigeria
Start a channel
Don’t worry, We will provide you with guide i.e ‘How to create a YouTube channel.’
Make your channel successful
Enough that it meets the criteria of the YouTube Partner Program
Being a part of this program you have to get minimum 1,000 subscribers and 4,000 watch hours in the previous 12 months.
Set up an AdSense account
Just go and follow YouTube’s official guide to AdSense accounts.
Explore your new monetization features
Each monetization channel has variable eligibility parameters. For instance:
Ad revenue: to earn ad revenue, you must be at least 18 years old, and it is must to create content that is advertiser-friendly.
Basically, videos will be non-controversial, the more YouTube advertisers will be comfortable running ads on them, and the more money you make.
YouTube Premium revenue: if a YouTube Premium member watches your video, you get some part of their subscription fee. (This one is an automatic system)
Channel memberships: if you want to sell channel memberships to your subscribers, you need to have at least 18 and have more than 30,000 subscribers.
Merchandise shelf: If you want to sell merch from YouTube’s merchandise shelf, you must be at least 18 years old, and have at least 10,000 subscribers.
Super Chat payments: You must be at least 18 years of old for this. If you want your messages will be highlighted at the top.
Submit to ongoing reviews
As a YouTube Partner, your channel will be on a higher standard, according to YouTube. You must have to follow the YouTube Partner Program policies and Community Guidelines.
Sell your own merchandise
Merchandise is a viable way on How earn money from YouTube.
Imagine and design your product
Merchandise for your channel is meant to be presentable and feed your audience’s connection with you. Your merch should be more unique.
Source and/or build your product
In many cases, you’ll need a manufacturer, supplier or wholesaler to make and deliver your product.
Create your shop and landing page
You’ll need to make a separate website to handle your all purchases. If you want to link it directly from your videos refer to YouTube’s list of approved merchandise sites.
Enable your YouTube Partner merchandise shelf
YouTube Partners can also utilize the shelf feature to sell its channel’s merchandise. Go thoroughly to the instructions.
Promote your product in your videos
Use your merch in your videos and make accessible to the audience. Feature your subscribers and those that have bought and are using it.
Create sponsored content
You don’t have to be an Instagram influencer to be an influencer. You negotiate with the brand directly, and they pay you instantly.
It’s a very popular way for YouTubers to make money. How To Make Money On YouTube In Nigeria
Find a brand to partner with
Quality is very important when it comes to the names you work with. You already have a list of dream brands.
Signing up with an influencer marketing platform.
Make a deal
According to this recent study by influencer marketing platform Klear, YouTube videos are, on average, the most expensive type of sponsored content brands can buy from influencers.
Basically, YouTube influencers are able to charge more for their videos, because the video is just more expensive to produce.
While your rate will vary on your audience’s size, engagement and relevance to your potential partner, know your worth before you sign a contract.
Be Transparent about your Ads
Sponsored content is advertising. That means you need to make sure you’re in step with Google’s Ad policies.
Transparency is good for your legal health and work, but also for your strong relationship with your audience.
Get your fans to pay you directly
This is very useful for YouTubers.
Host live chats where people can use Super Chat
YouTube replaced their Fan Funding feature with Super Chat. This is an only feature i.e only available to YouTube Partners while they live stream.
Your viewers can make their comments more visible—they’re highlighted and pinned for a set amount of time depending on how much they pay—in the live chat stream.
Encourage your fans to become channel members
YouTube offers that have the ability to let your viewers pay you to become members of your channel.
In exchange, they get variable emoji, badges, and access to members-only exclusives like Live Chats with you.
Encourage your fans to become YouTube Premium subscribers
This step contains a list for this strategy because it benefits your channel indirectly.
Conclusion On How To Make Money On YouTube In Nigeria
YouTube is an alternative way to make extra cash for your business, but it certainly isn’t easy.
So, now you know all the methods and steps on How To Make Money On YouTube In Nigeria. But, you also need to put in some hard work to grow your subscribers.
More subscribers mean more chances of getting a better income from your channel.