Let’s look at 4 Ways to Make Money On YouTube In Nigeria 2022 if you’re kinda a YouTuber or looking out to start one.
This is a fun way to make money online: You can make money by making high-quality and unique videos for YouTube.
Think about the last time you looked at your Facebook feed and how many videos you saw.
People love to watch and talk about high-quality videos on social media (this is the main reason why Instagram is one of the fastest-growing social networks in 2018.).
There are a lot of people who use YouTube to watch videos on the Internet. It was founded in 2005.
If you look at Ominicore’s YouTube stats for 2018, they say that more than five billion videos are watched on YouTube every day.
Second only to Facebook, which has more than 2.27 billion active users each month, is YouTube, which has more than 1.9 billion active users each month.
In the right way, YouTube can be a great business idea.
In this post, we talked about some simple ways to make more money on YouTube in Nigeria by making videos and putting them on YouTube and making money from them.
1. Monetize your videos for Ads on YouTube
There is a service called Google Adsense that helps YouTube make money. YouTube doesn’t pay you for your videos.
It’s Google Adsense that does, and not YouTube itself. Adsense is in charge of putting ads on your videos.
To be able to make money, your channel must have had at least 4,000 hours of watch time in the last year and 1,000 subscribers.
It took effect at the start of 2020, and it’s another way for YouTube to put more emphasis on how long people spend watching a video than how many people have seen it.
4 things you need to do to make money on YouTube
To make money from your YouTube videos, you need to have enough hours and subscribers to do so.
Make sure that you click on your icon in the top right corner of the screen. Then click on “My Channel.”
From this screen, go to YouTube Studio and then click on the link.
On the bottom, left side of your screen, choose Creator Studio Classic.
When you’re in the Creator Studio, click on Channel > Status and Features when you’re on your channel.
Finally, in the box that says Monetization, click the button that says Enable, and then you’re done.
Then, after you’ve set up monetization on YouTube, your videos can be submitted and approved for monetization,
so you can make money from them. In order to make money from these ads, you will need to link your YouTube account to a Google AdSense account.
2. Sell and promote affiliate products on your youtube videos
Affiliate marketing is when you sell products for money. Many big companies, like Amazon and eBay, as well as small businesses,
offer good deals to people who promote their products as affiliates.
As you can see, affiliate marketing is a very popular way to make money online from home. As an alternative to static blogs,
try making a lively YouTube channel and using it as the main way to get people to visit and buy from affiliate websites.
The top five affiliate marketing programs in Nigeria right now are:
- Jumia Affiliate Program
- Affiliate program for Konga
- Amazon Affiliate Program
- Aliexpress Affiliate Program
- Bet9ja Affiliate Program
You can make money on YouTube as an affiliate marketer by reviewing or making “how to use this product” videos.
You can also review affiliate products like mobile phones, laptops, cars, and so on.
You should link to your products in the YouTube descriptions you write. Make sure you use your affiliate link or you won’t get credit for sales if someone buys something.
3. Ask for sponsorships for your videos
If you look at some of the best YouTubers, you’ll see that they have sponsorships and ads in their videos.
Many companies now sponsor YouTube channels in order to show their products right in front of people’s eyes.
To get a sponsorship, you might have to write a very detailed proposal about what you can do for them and how much you can help them out.
You should know a lot about your audience and the company you want to get in touch with.
The best thing about sponsorships is that you don’t have to give YouTube a cut of your money.
Most of the time, you make more money from sponsorships than you do from YouTube ads.
It’s not going to happen if you don’t put yourself out there to be found.
Steps to getting a deal with a brand or a sponsored event:
Then, look for brands and campaigns that are right for your audience.
Present your creative ideas to the brand in a way that fits their needs (product review, 30-60 shoutout, etc.)
If you are hired, you will work with the brand to make the project.
Work on the content and get the brand’s OK.
You should be paid.
4. Sell your own products or service
Find out what your viewers want and sell them something that will be of use to them.
What if you want to be in charge of all the money that comes in?
If you want to do this, you’ll need to sell your own products or service.
For example, let’s say you make a small online training program that costs $250 and you sell it.
In this example, if you can get one person to buy your $250 video course from every 1,000 people who see it, you’ll make $0.25 per view.
That’s more than 59 times what you would make with YouTube ads.
It’s possible to sell your products on well-known e-commerce sites like Amazon or Shopify.
Using these platforms, you can set up an online store where you can sell your goods.
In your videos, you can talk about and link to your products, which will help you get more people to your e-commerce site and make some extra money.
Conclusion
It doesn’t happen right away! YouTube is a great way to make extra money for your business, but it’s not easy.
To make any money at all, you’ll need to get a lot of people to watch your videos.
Make sure you know that you’ll need to build trust for your channel by making consistent, high-quality content that entertains, informs, and delights people.
Ads aren’t the only ways to make money on YouTube. New YouTube advertiser policies don’t mean you can’t make money.
If you want to make more money on YouTube, you can combine two or more ways of making money.
However, make sure that your video content is good enough for your target market.
It’s better to buy a good digital camera than to use the camera on your phone.