How to make money on YouTube with a SMALL channel! Here are the top ways to make money online from YouTube without YouTube monetization.
Below is an AI-assisted summary of the key points and ideas covered in the video. For more detail, make sure to check out the full time stamped video above!
How To Make Money On YouTube With A Small Channel
If you want to monetize a small YouTube channel in 2024, there are various strategies beyond the YouTube Partner Program. This guide outlines actionable methods, from affiliate marketing to sponsorship deals, to help you start generating income regardless of your channel size.
Option #1: Affiliate Marketing
- Overview: Earn referral fees or commissions by promoting products or services.
- Process: Sign up as an affiliate, receive a unique link, and incorporate it into your videos.
- Benefits: No need to create products, leveraging existing sales teams.
Option #2: Consulting or Coaching
- Overview: Offer consulting or coaching services based on your expertise.
- Process: Identify your skills and areas of interest, then tailor your content around these.
- Benefits: You can increase your rates as demand grows.
Option #3: Selling Digital Products
- Overview: Create and sell digital products such as ebooks, courses, templates, checklists, or presets.
- Process: Invest time upfront to create valuable digital products.
- Benefits: Scalable with channel growth. Create once, sell unlimited times.
Option #4: Drop Shipping
- Overview: Sell physical products through an online store without managing manufacturing or shipping.
- Process: Use platforms like Shopify to handle logistics, focus on curating products.
- Benefits: Seamless purchases for your audience. No need for you to create products.
Option #5: Sponsorship or Brand Deals
- Overview: Collaborate with brands willing to pay for featuring their products or services.
- Process: Identify your niche and the unique value you offer, approach relevant brands.
- Benefits: Even small channels can earn substantial revenue.
Option #6: Email List Building
- Overview: Build and utilize an email list to enhance income streams.
- Process: Develop email sequences incorporating affiliate links and promoting digital products.
- Benefits: Direct communication with your audience, boost affiliate income, higher sponsorship rates. Larger audience reach, increased bargaining power.
Conclusion
Monetizing a small YouTube channel without the YouTube Partner Program involves diverse strategies, from affiliate marketing to brand deals. Building an email list early can significantly boost your revenue. Start implementing these methods to maximize your channel’s earning potential.
To learn more about how you can use an email list to maximize your monetization strategies, check out our free Email List Growth Workshop. You’ll learn how to build an organic lead-gen & email list growth engine in just 3 simple steps.
