It’s no secret that as a consumer base, we spend a whole lot of time on the Internet. The average person is on their phones and computers for hours a day, and a lot of that time is spent watching videos.
That means there is a big market to take advantage of if you are a content creator. If you’re looking for an extra income stream, crafting quality videos for the web is a great way to earn extra income.
The main thing you’ll need to learn to make this dream a reality? How to monetize videos on the web. Read on and we’ll walk you through a few different ways you can go about this task.
1. Live Streaming Tips
Have a large audience or think that you can build one? One way that people monetize their video streaming is by asking their viewers for tips. This can be particularly effective when live streaming, where viewers have a live and in-person view of you at work.
This form of monetizing is particularly popular on platforms like Twitch, where users stream video gameplay, host live podcasts, and do any number of other exciting video-based things.
It’s easy enough to ask an audience to tip at the end of a stream if they enjoyed the experience, and you’d be shocked at how much money a creator can make this way.
2. Monetizing YouTube Videos
More than a decade on, YouTube remains possibly the most popular spot on the web to upload your videos. If you’re already on the site and creating content, you can turn your attention to determining how to best monetize this content.
The easiest way to get cash off of YouTube is to use AdSense. But what is AdSense? In short, it is Google’s official advertising platform that can be partnered with any type of YouTube video.
Signing up can help you get a portion of the ad profit the tech company makes through showing pre-video advertisements.
3. Offer Paid Subscriptions
Have content that is really hot? You can use the same model that any web streamer, like Netflix or Hulu, uses. What we mean by that is that you can offer your videos as part of a subscription model.
Patreon and other such websites make it easy to set up your own subscription-based service. You can offer different levels of access and provide all of your content to an audience for a small, set amount of cash per month.
This can be a great way to build a monthly budget out for yourself and bring in some real money from your video creations.
Crafting an Extra Income Stream
If you create great videos and video marketing, you should be able to turn these creations into a way to pad your wallet. The above are just a few smart ways to turn your expertise behind the camera into an extra income stream.
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