How Businesses Can Make Extra 5-figure Income
I got onto YouTube because I needed to have a way to bring leads into my service-based business when my air force family was getting relocated to the other side of the world. What’s happened since then has been truly amazing – which is why I wanna share with you how I make an income for my service-based business because of YouTube. Because of the longevity of this channel, the amount of content that I have produced, and how long I have been in the social media and content marketing space, I have been able to have a multiple six-figure business from this channel that starts here. Let’s get into it That’s what All-In-One Social Media, my agency, brings in. I’m not here to break that down for you because I gotta keep some things a little bit of a mystery and also makes my husband a little uncomfortable. Regardless, these are the numbers I am ready to share with you because I want you to know that you can make a significant amount of money on YouTube as a service-based business. At the time of this recording, I have around 17,500 subscribers on my YouTube channel. I am somewhere in the vicinity of 1.3 million views and I have hundreds of videos uploaded to this channel. I make money in multiple ways, including affiliate marketing, sponsorship, YouTube ads, speaking opportunities, and of course my book. Now some of these might not apply to you, but for the most part, you can do it with all of these. Let’s start with the big one first: affiliate marketing. Affiliate Marketing For a quick breakdown – affiliate marketing is where you partner with an online service or tool or product and you’re able to get a percentage of the sales based on you promoting their product. Now, if you have been watching any of my videos in the past, you know, that some of my partners include Stream Yard, TubeBuddy, Kapwing and Sendible, which are my four favorite tools that I have built a great relationship with because I first and foremost was a fan of their tool and a user of their tool. I was like, look, I have to do more with you guys. I love what you’re doing and I want to promote you and share you with people because I think that you would benefit greatly from them. And so with those, I am able to get a percentage of every sale because all of those businesses have established an affiliate program. By getting myself established with their affiliate program, every time someone clicks my links that I have down in the description below to sign up for the service or check out that service. That little cookie gets implanted on your phone or on your computer. Whenever you sign up and then you start paying for the service, if you decide to, I get a percentage of that every single month. Now is it monumental amounts of money? No. Can it be? Of course! I have some very good friends who are just full-time YouTubers who make somewhere in the vicinity of five to six figures from some of the affiliate programs that they partner with. Show me the money! Here are the financial breakdowns. So here’s most of the brands I’ve been working with who are paying me in affiliate marketing fees, based on what’s going on. These include StreamYard, Kapwing, Tube Buddy, Sendible, Convert Kit, Live Pigeon, and Amazon. Between these seven platforms, I have made $3,278.29 in 2020. Now what’s really great about affiliate marketing is it definitely rolls from year to year. As people continue to keep using the tools and more and more people find out about the tools from watching my videos, that will continue to snowball. So you can believe that in 2021 those numbers will actually be higher. Now, if you’re trying to figure out how you can use affiliate marketing for your business, you’re gonna need to look at what are the tools that you are using? Or the products that you talk about and use all the time? How could you partner with those brands to get a residual income from them? It’s not gonna hurt you at all to go up to their website and see if they have a partnership or affiliate program at the bottom of their screen or you can reach out say, Hey I’m on YouTube talking about your products and service. I’d love to work out an affiliate program where I get a percentage of the sales. However, it works for you, You should do that. Because, it’s going to be a great way for you to make the little bits of money that are going to add up to a lot. Adsense Let’s talk about YouTube AdSense. So many people think that YouTube is paying us creators a buttload of money to do things. When in fact, YouTube AdSense oftentimes is one of the lowest forms of income that we can actually make depending on what your niche is. Mine just happens to be social media and small business. You can make less or more amounts of money, but there’s a barrier to entry. In order to qualify for AdSense, you have to have over 4,000 hours of watch time in a 12 month period as well as a 1,000 subscribers on your YouTube channel. Now, this is just one of those things that kind of stinks. They implemented this around 2018 and it’s just one of those things that we all have to do to play the game. YouTube wants to know that you’re serious about creating content so that they can make sure that the right advertisers will show up on your channel to help them and of course, to help you. So in 2020, I made $8,424.31 with my assets. My biggest form of income on this YouTube channel