7 Easy Steps to Earn Money from Youtube in 2020

Can you guess…

how much can be earned from youtube?

The Wall Street Journal reported that PewDiePie (A famous youtube channel) earned $4 million in 2013 alone.

Next year, the Swedish magazine Expressen reported that it’s production company, PewDie Productions AB, earned around $7.5 million in 2014, most of their revenue was from their youtube channel.

$7.5 million is approx 50 crore Indian Rupees!! Isn’t it exciting if you can earn just 1% of that by starting your own youtube channel?

I will not promise that you will become a youtube celebrity overnight but if you start taking small steps you will definitely start earning money from youtube.

I will show you how simple people like you and me, are making their living from youtube (and they are making really huge money). I will also share tools and procedure to get started and how to make money online without any investment (from multiple channels).

Watch this video (in Hindi):

If you thinking:

That he is not Indian, so it was easy for him to earn money from youtube. Then you are underestimating Indians.

Think again

… because Indian YouTubers (like Tanmay Bhat) are making money from youtubde and are equally famous like any other celebrity in India.

In fact, his company AIB (All India Backchod) has made a position in Forbes list of richest Indians along with Shahrukh Khan, Amitabh Bachchan and was ahead of superstar Rajinikanth, actor Irrfan Khan, and director Anurag Kashyap.

Steps to Start Earning Money From Youtube

The money will not happen on the first day of starting your YouTube channel. I will guide you through the process of starting a youtube channel, what resources are required and how to promote.

But I would suggest you to buy a few courses on making videos, digital marketing and whatever skills you need to grow your business.

#1. Create Youtube Channel

You can start your youtube channel just by logging through your gmail account but that solely, will not give you any money. To make money, you must follow all the steps described under the heading how to earn money from youtube (below).

click on the bar
  1. To start, open youtube.com with your Gmail account.
  2. Click on the bar beside the Youtube logo on the left corner.
  3. Click on My Channels from the drop down menu (as shown in the image above) 
  4. A box with heading ‘Set up your channel on YouTube’ will appear, with your name highlighted. 
  5. Update channel with your personal information. 

Pro Tip

Create a custom YouTube URL instead of the default youtube URL to get organic search visibility.

By default, Youtube gives you a URL like this, www.youtube.com/user/abcdefd0h0d2r……. But you must create your channel’s brand name url like www.youtube.com/user/CashOverflow.

Experts say this helps your channel to get visibility in search results. There are certain mandatory requirements for getting a custom URL though, but I believe you are highly dedicated to fulfill those requirements.

Check the requirements and the process of getting a custom Youtube URL.

If you haven’t created your youtube channel till now, To help you I have created a complete guide on How to start Youtube channel.

#2. Find a Niche for YouTube

Selecting your youtube channel niche for earning money is much related with your hobby or passion for a work.

  • You sing loud in the bathroom? Let the people know that you can sing.
  • When you teach someone, they understand it better? Let’s teach the world on youtube.
  • You have a beauty sense, or you know about the pros and cons of brands in the market, why are you hiding then? People are eagerly searching for someone who can tell them what they should wear.
  • You love your dog or your cat. Let people know. Let them know how to love their pets. Or make them laugh with your pet’s videos.
  • Do you sleep too much? People, out there are taking sleeping pills. Let them understand how you forget your daily struggle and fall asleep, teach them the way of keeping calm (Yes even this too can help you make money. No? search on youtube).

When I am saying that you can earn money on youtube by anything that you love to do, I am serious. There are a hell lot of other methods to earn money online and youtube is one of the most promising ways.

You can also earn a lot from blogging and affiliate marketing.

I have simplified the process to start your own blog in 15 minutes even if you don’t have any technical knowledge.

Read how to start a blog & configure yourself

Second, there are tons of ways to make money from blogging and youtube.

Here are few youtubers, as common human as you are, but they are becoming famous like some celebrity. Let’s take some inspiration from their work.

Earn money by storytelling on youtube

Neelesh Mishra

Do you have a passion in storytelling? Nilesh Mishra also has. He is now  celebrity storyteller on youtube and leading radio stations of India are eagerly asking for his time on their shows.

If you too had a hidden story teller, if stories come to you from anywhere and you can accumulate a all the characters to make a beautiful story from within the mid of a chaos, then don’t wait for the right moment because this The Right Moment. Just show your talent to the world, let the people know what you are capable of.

Become a storyteller now!

Make money by mimicry & comedy on youtube

BB ki Vines

Sometimes we copy our favorite characters. My brother used to imitate Louie Duck of Ducktales. If you are creative with comedy and you can entertain people with your mimicry, or comedy, or singing or drama you have a great potential to make money out of your youtube channel.

There is a youtube channel BB ki Vines with a unique concept of playing different characters by a single person Bhuvan Bam. Bhuvan is doing comedy in his unique way. You can also do anything more creative than him.

Home makers can share recipes on youtube

Mallika Badrinath

Cooking videos are attracting loads of viewers on youtube. Who does not want to eat a delicious food? But most of us do not know how to cook. If you have a passion in cooking and you can guide people to make awesome food in simple steps, then you can make a high grossing youtube channel. Watch Mallika Badrinath is making a massive fan base with her creativity and passion in cooking. You can convert your gas stove into money machine with the help of youtube.

“Nisha Madhulika, a 57 year old housewife from NCR, with her passion for cooking, have a potential income of $502,819 through her youtube channel started in mid 2011.”

Earn extra cash by teaching on youtube

We are living in the knowledge era. Now no one waits for any confusion to be solved by a professional teacher. All you have to do is to google your inquiry. There are a lot of text, images and videos available to you within a second.

If you have a passion for teaching and you think you can add value to anyone’s life then you can become famous on youtube easily. You can do this part time as well to earn money online. Teach people about competitive exams like Board papers, Graduation exams, Bank exams, IIT, or any such professional or curriculum courses. Watch Banking Careers for reference.

If they can do, why cannot you?

Earn money on youtube by interviewing people

Lakshmi Rebecca

Do you love to meet famous people and ask questions about their life? Questions you put in front of your friends, bring the most curious things out of them? Or do you love interacting with famous people or people who are doing great in their lives?

Do you have a friend (or you can hire an employee) who can shoot your video when you are interviewing someone? If a yes is popping out of you, then making a youtube channel for interviewing is for you. You can earn a living through your channel as Lakshmi Rebecca is doing.

Update: Now she is not only doing interviews but she is traveling the world and sharing her awesome moments with her audience. Look how she has become a celebrity by herself.

Make your profession a youtube sensation

Dr vikram yadav

Dr. Vikram Yadav started his YouTube channel in 2009. The best thing he discovered was his profession ‘Medical and Surgical education’ to make videos on youtube. He started with great passion but initially he had very fewer views for months because this niche was completely out of track from the common YouTubers. But he continued his passion with persistence and now he has 264,596 subscribers.

Sing and make youtube audience fall in love

Shraddha Sharma

Shraddha Sharma, a 21 year old musical sensation now, has a subscriber base of 202,206. She started simply by singing with guitar strumming and uploading a self-recorded video on youtube. She was just a kid when she was becoming heartthrob on youtube during her initial days. Now she is a fame Youtuber.

Overwhelmed?

Here is something more concrete from youtube’s creator academy…

What is that one thing that people around you never tired praising about you?

  • Think, and come up with a niche for making video content.
  • Do your initial research whether you can make money from this niche or not. Find people who are already doing something related to your niche. Ask them for guidance.
  • Check whether your niche fall into this equation,

Your Interest + Your Knowledge + Audience Availability + Scope of scalability.

If your niche fits into this equation, start a youtube channel now.

In short, you can review videos, record your life and inspire others, record your thoughts and motivate people, record reaction/stimulation of human or animals, make instructional (teaching) videos, perform in one way or another (dance, speech, body language), make song cover videos, almost anything you can do to monetize your talent.

#3. Develop Content Strategy for youtube videos

If a video goes viral, it is awesome. This is the simplest ever definition one can suggest in this era of virality but if you have a plan to earn through Youtube, learn this definition by heart.

What? How a video goes ‘Viral’ then!

No expert says that Virality has a definition. And indeed it can’t have a constant definition because the definition is changing every day. But the vital fact is this,

Content is king of the viral kingdom. A good content always rules.

An awesome video can be made viral if it is sharable:

Here is how marketers at Addidas develop their content strategy…

Once you have created a video keeping these points in mind, you have made a high value video. Here comes the second step where you will increase the pace of popularity of your content, we call it Promotion.

You would like to readOnline business ideas in India

#4. Link your Youtube channel with Adsense

Until this point, I have given you all bows and arrows to conquer the youtube virality. I have also covered the methods through which Youtubers earn money.  

  • Login into YouTube.com and click on My Channel as described earlier.
  • Click on Video Manager just below the search box on top, as shown in the figure.
  • A navigation menu will appear on the left side. Click on CHANNEL.
  • Click on the Enable in front of Monetization, as shown in the figure.
  • Click in the boxes after reading their terms and condition as shown in the figure and click on I accept, then got it.
  • Monetization will be added under Channel heading and your YouTube partnership program will be activated.
  • Now click on this Monetisation option. When a window on right will appear with Monetisation as heading, click on ‘how will I be paid?’ as shown in the figure and click on ‘ associate an AdSense account’.
  • Click on Next below (You can read about AdSense in right).
  • A window as shown in the figure will appear. You can either sign in with your existing Gmail account or can create a new one (If you are a novice, click on sign in).
  • Fill in all your information and click on Continue. (Sometimes it may ask for your password).
  • Fill in the details in the specified boxes and click on Submit My Application.
  • You will be asked to verify your mobile number. Choose option at your ease.
  • Congratulation, Your AdSense Application has been submitted.

For approval waiting time and AdSense linking to the youtube account we have many options and google is not strictly stuck to any one single procedure, still they have a procedure which is improving continuously. Through the links in this paragraph, you will be updated with any change made by google.

In this world of versatility, we can earn even without being a partner with YouTube. 

#5. Use Best Tools for Videos

If I ask you, how will you make a video? The first name which will pop up in your mind will be Mobile. Mobile (means smartphone here) is indeed the best option during your initial days when you are not earning money and all you have is your savings.

There is no doubt that you can record a good video from your mobile phone, but if you want to record a good quality video, you must buy a webcam. And gradually you should hire a professional video maker and use best home recording studio equipment to record videos professionally.   

There are free tools that every Youtuber must use.

Tool #1. Google Keyword Planner

A keyword planner helps you to choose those keywords as hook, which people who are searching for on search engine, will come to your video following their search. You must choose the keyword (most of the times title of your video) wisely to get organic audiences.

Tool #2. Evernote

While recording your video, you have to speak a lot and anything spoken wrong will lead to further editing or if left, it can send a bad impression to your audiences. With evernote you can note all the main points you have to speak with a slight detail. And your data can be accessed from any device, at any place if you have an internet connection.

Tool #3. Text to Speech app

Sometimes only watching videos are not sufficient for your audiences to get what you speaking into it. In that case you will have to type your speech word by word. Or you have to invest some money to hire a person who will do this for you. But by TTS, all you have to do is play your video and put the microphone of your mobile near the speaker and putting on the TTS on your phone. This will convert all your voice into text (yes with some error but still a much large part will be covered). Just edit it once and your subtitles are ready.

Tool #4. Picture editing tool

(PicMonkey, Canva, Pablo of Buffer): Every video contains some images to make the people understand more clearly but every pic that you take is not necessarily perfect. With these few pic editing tools you can make your pic more engaging.

Tool #5. Social media campaign 

(Buffer): Buffer is a social sharing and scheduling application. Once you are ready with your video, share it on and on, on every social media channel (as we have discussed initially). To do this, you are not always available. So you just schedule all your social media campaigns in one sitting on Buffer all for a whole week. Now if you do not get time, or you were busy somewhere, then also your campaign is running in full pace, uninterrupted.

Tool #6. Tube Buddy

Adding annotations or cards to your videos is made easy with this browser based tool. The thing that most attracts me towards this tool is, the search function. As we can Find and Replace a particular phrase on word processor, so can be done into a video with this tool.

Tool #7. Analytics

(Socialblades- free, Vidooly- paid): Analysis is necessary for any campaign to be successful. These tools will help in optimizing the youtube traffic and to know exactly, where the campaign is hitting and where is it loosing . Yes it can tell you what time is best to tweet or do a facebook post or schedule a post on any other social platform which will tell people that you exist and they will come to your channel, following your that post back.

Apart from these tool, there are many tools in competition with them and few other types of tools which can help you in improving your channel content and viewership. I read a medium post on 28 tools for youtubers and it is worth reading.

#6. Promote

Promotion of a video starts with your content idea itself. People have a tendency to share their innovation with their loved ones and the loved ones to their loved ones. Saying that when you start making a video, people around you become curious about the completion of your project.

These people are your initial viewers. Start promotion with expanding this thought to your marketing strategy and thus it will be your first step:

  • Social Currency: It’s an old African saying that “It takes a whole village to raise a child”. To make your video go famous, it must be liked and shared by your social circle. This is your Social Currency, which will multiply at the latter stage. To earn social currency, share, what you have created, with all the people you know. Engage them by sending e-mails, tweets, Facebook shares, LinkedIn and every source you are using now.
  • Time to expand: Use as much video platforms as you can. Go find your audience on Dailymotion, Vimeo and Flicker. Use these platforms too, to get shared. This will strengthen your channel’s popularity, and if you drop your channel link with your video, people will come tied with that link to your youtube channel. (It has one more benefit. If you will put your youtube channel’s link on other platforms, it will be a Dofollow link. This Dofollow link will increase your channel’s PA and it will rank better in search result).
  • Social Appearance: Let people on the internet know that you are doing something. Increase your social presence. Explore your idea everywhere into the social platforms, and expand your presence to different platforms you are not using like Google+, Reddit, Myspace and Quora.
  • SEO: Focus on SEO strategies and let your channel get listed on top of every search related to your niche. Although nowadays people have different opinions for SEO, but this is a thing that does not deserve to be get ignored. If you can afford time and strategies, you must go for SEO optimization of Youtube Channel.
  • Mutual Collaboration: ‘You refer my content, and I will do the same for you’.Once you have few viewership, from the above steps, ask channel within your niche (but not your direct competitor) to advertise for your channel, or you collaborate with them to get visibility to their audience. This way you will accumulate their audience, and you can also do this for them (or you can support them in some other way. Do not worry, they will ask your support when they will need it. It is completely a “Give and Take” relation).
  • Paid Advertisement: You can use the paid promotion system of Facebook, Twitter or youtube to promote your channel on social media. You can also opt for paid youtube promotions, called Youtube Ad campaign. But it is not advisable to go for paid services into your initial days. Once your incoming viewership gets saturated through all the previous steps, then you must go for paid campaign.

#7. Monetizing Youtube Videos

The famous way to make money from youtube is through advertising. Advertising has been present since youtube was born and is still playing a major role for youtubers to make money. Here is a quick overview.

how much money per view on youtube

But earning from youtube is not limited to CPM (Cost Per Thousand Impression), you can make money on youtube by many more methods.

Ideally, there are five ways which have proven, with time, to be the best methods to earn money on youtube.

  1. Advertising: (Obviously CPM, I have included it here to show you all at one place) Youtube ad revenue sharing is the highest opt method for earning money on youtube. You can link your youtube channel with Adsense (Detail below) and enable Adsense ads on your videos. Now for every view on your channel, you will get 55% of the ad revenue. Youtube keeps the other 45%. On an average you make $1 to $2 for 1000 views on your video.
  2. Affiliate Marketing: Giant marketing agencies are not completely dependent on their own channel of content distribution. They pay a good amount to the channels who already have a fan base. This can be done in simple steps. Approach any affiliate marketing agency in your niche, show them your audience and when they agree, link one of their products into your video description. The marketing agency will pay you a decent cut from every conversion. This amount can be anything from Rs. 100 to Rs. 1000 for every conversion through your link.
  3. Direct Promotion: Widely used as sponsorship. The advertising company pays you a fixed amount for their collaboration with your youtube channel. You can call it another form of affiliate marketing with a slight difference. Here you will have to show a description of their products into your video. In exchange , they will pay you certain amount which can vary from Rs.5,000 to any amount you are able to charge depending on your popularity.
  4. Paid Videos: Paid youtube videos are emerging as a unique and high gross source of income. Here you give highly valuable information to your audience by charging them with a price tag on the video. This way, you do not have to share any revenue with anyone i.e. all that you make is yours.
  5. Crowdsourcing: Like Wikipedia, there are many non-profit websites which give every information for free and they do not put any ad to earn revenue. But to keep the website working, they need money. So they ask their audiences to donate money for their expenses. Like that, you can also give free information to anyone and ask them for a favor. Believe me, people donate a huge amount to these channels.

Tell me, what I missed!

Earning money from home now a days is not tough when all the internet is flooded with loads of option to make dollars. All you need is a determination to perfect your skill and show people what you learned till now and share with them what you are planning to learn. They will come to you for your next episode.

But for that, you should decide now that you will start a youtube channel, or at least you will start calling yourself a youtuber from now on. Rest will be done as you follow all the directions I have given above.

90 thoughts on “7 Easy Steps to Earn Money from Youtube in 2020”

  1. Sir, Thanks for such an informative content. Really loved it. Sir, could you please clarify, if i make some educational video in regional language like bengali, tamil and telugu. Will i be able to monetize them. Will youtube help me to monetize after crossing 1000 subscribers and 4000 views? Kindly help.

    Regards

    Reply
  2. thank Pardeep Goyal brother. your article very helps full for me and today I clear all doubts and thoughts thanks brother

    Reply
  3. Brilliant blog, gave me insight on a lot of questions I had saving me many more hours of research on internet! Thank you Pradeep!

    Reply
  4. Its been a while since YouTube has changed its criteria for monetization 4000 watch hours and 1000 subscribers, how disheartening is it to start this . Also in terms of ad rates isn’t the type of audience (the country they’re in) matter ? I believe the rates in India are much much much lower that than of western audiences and creators?

    Reply
  5. Wow, this is really helpful, I’ve been looking for means to become a YouTuber not until I read this, thanks a lot. But do I need to open a website before becoming a YouTuber?

    Reply
  6. I have around 4800 subscribers on my youtube channel with 49000 views and started in September 2018. My monetisation is not ON yet. Can I put affiliated links of Amazon Affiliated programme in my Youtube video description box? Also guide me on how can i get sponsorship on my channel. Anticipating your immeidate guidance please.

    Reply
  7. I like each n every point u made on ur blog. Very helpful. Actually I have been planning to start my own YouTube channel and I don’t know what things r actually important ,which I find from ur blog , to effectively share my views on YouTube. Great

    Reply
  8. Thanx for your informations. But i have a question. Can i really earn money by uploading korean mix hindi song video and korean drama on youtube?

    Reply
  9. Really it is very useful post. Thanks for spending your important time to post such an interesting & useful collection of excellent resources that are always of great to everyone.PAN Card is very important document for financial purposes such as opening a bank account, buying or a motor vehicle, filing of Income tax returns etc.. You can use this panseva for any kind of PAN Card services.

    Reply
  10. Thanks a lot for such a beautiful and descriptive article. One can earn money if keep in mind all the above points and it is very clear that you need good subject, good knowledge and good quality of videos if you want your videos to be seen by a number of viewers.

    Reply
  11. Excellent article!! I never knew so much about YouTube earnings. Sounds interesting and profitable, however I would like to know what is the minimum number of views or impression required in a video to start earning.

    Say, e.g. if i get 50 views how much will I earn?

    Thank you for sharing this wonderful post. Have a good day. 🙂

    Reply
  12. Why made this article so complicated. I did not understood how to to it. How I can attract people by creating videos and how to start earning money from youtube. all are mixed up. Please keep them separate.

    Reply
  13. I have been trying my best to grab a good youtube channel for making money, but after a long time researching to it, I’m sure that it’s not just a easy thing. But I am hopeful in cracking money for my livelihood. Thanks.

    Reply
  14. Not so easy how you explained. Even having million views, you will land up with zero penny, if no one clicks on add and see it for sometime. Think from business perspective, youtube won’t give money from their pocket. They will give a portion of what they get from advertisers. ratio will be 45:55 or 50:50 and then there are taxes. So, figures given in the article are all fictitious. Youtube is good for branding but horrible from business point of view.

    Reply
  15. does moneytisation require a definite number of views or subscribers?

    see my video “Raag Bhimpalasi by Praharsh Mishra”.

    Reply
  16. Bro am Santhosh from kerala. Funny videos and pets video get more ads in India. One more doubt any topic can get ads or some particular topic get ads.

    Reply
  17. You’ve put in every single detail required to understand how anyone can earn from YouTube! I just shared the links to few of my relatives who wants to earn online!

    I was thinking to begin YouTube journey, will be putting together everything by next month, including niche selection, which kind of videos I would be creating, how I would be promoting etc!

    Thanks again, for the wonderful guide.

    Reply
  18. hello sir,

    Kindly answer my question.

    1. To run youtube channel in USA or to run youtube channel in India, will it have difference in earning money?
    2. Is the youtube search engine work differently in the world or all are same?
    3. Advertisement, do we need to run advertisement by our self or youtube do this automatically?

    looking forward for your answers.

    Reply
  19. Very nice to know more about it.. Im making some programs.. Sure it will come hit.. The progrm is very good..ive youtube registration tell me what ive to do more further

    Reply
  20. Thanks but when I tried following what you said, it came that I can only join the YouTube partner program if I have 10,000 lifetime views.
    Now what to do I have 100 views

    Reply
  21. This is great content. You have described almost everything . People can get the creative common music from youtube library for youtube videos.
    Awesome article . Thanks for sharing .

    Reply
  22. hi,
    my youtube channel is eduplusswf. it has been running for 3 years. everyday approximate 3000 views generate on my channel but i am not getting single money. as per you said every 1000 view generate $1. what is the problem with my channel. please help me out.

    Reply
    • Thank you for your question bro ! Earning money on YOUTUBE is not depend’s upon, counting of viewers but its only depend’s upon how much ads showing to your YOUTUBE channel. Indian ads have very much low price according to international ads. If your YOUTUBE channel have only 100 viewers or less but if your channel have lots of advertisements then definitely you can make money on YOUTUBE, so earning money on YOUTUBE is only depend’s upon advertisements and your proper YOUTUBE channel set up procedure. But still it will take time because its a global worldwide procedures.

      Reply
  23. It Was Very Helpful For me sir.
    And Thanks For it.
    After impresed about it I was started a YOUTUBE Channel,and it’s Running now .
    The Name of My Channel is ” STRANGER BOY G.C.R.”

    So please you all Watch it.

    Reply
  24. This was very helpful and i always dream of making videos in youtube and yet i do a lot of videos, now there was nobody to help me and i was frustrated and yes, i have opened a channel under the name of “Abhijith Krissh” and thank you so much for this.

    Reply
  25. I ma very much eager to earn money from youtube. After reading this post i have got some ideas about how to earn money from youtube. So thanks for valuable ideas about how to earn money from youtube.

    Reply
  26. I search for how to get money from youtube as I had no clear idea for it. Now I have a clear idea by getting your post. Thanks a lot. Very soon I will launch my youtube channel. Thanks again.

    Reply
  27. I want to know after enabling monetization where or in which account money will be transferred? Should i have to give my account details or what?

    Reply
  28. I want to make top 10 bollywood videos on youtube. Can you tell me where can i find related videos? Can i use it from other youtube channels?

    Reply
  29. i appreciate a good long post but before that its better to give a realistic fig by knowing someone i.e youtube won’t pay $1 ecpm and we won’t earn $1 for 1000 views and mostly it will be as less as $0.1 to $0.2 for 1000 views. So give a realistic figure rather than exagerated figure which waste time of people i.e based on niche the ecpm will be there but truth is considering the average cpms for 1000 views

    Reply
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    I want my website loaded up as quickly as yours lol

    Reply
  31. Hello SIR ,

    I want to know where should i put my keyword in my youtube video ( after keyword research). I am searching this from 7 days still i can’t get any details.

    And another question if i am watching 28 Rs. in SUGGESTED BID column what does it mean? if i adding more than one keyword in my video according to which keyword i will paid?

    Hope you will reply fast as you can

    Reply
  32. Sincere effort of the writer can be seen through author’s write-up. Very good guidance given to the people who eagerly look for good information.

    Reply

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