Selling FMCG products or offering highly advanced services is not the only way of making money in the current era. We are living in the age of a wide array of options, and the same applies to your money-making plans as well. If you plan to make some extra money apart from the direct income from your firm or salary, you can use your video. Yes, nowadays, there are several options for making money just through a video.
People have shifted from just text and images as videos have become their go-to source for entertainment and information. You will be surprised to know that people are now watching more than 10 hours of videos every week, and this number will only increase in the future. So, instead of just relying on text and images.
To add video and make money, you first have to look out for the options you have for making money through your video and choose the best one from them.
Upload Video on YouTube
This might be the most common way to add video and make money, and this is what entrepreneurs use to add a few extra bucks to their income. The best part about making money from YouTube is it’s drop-dead simple, and you don’t even need to go extravagant with your budget as well.
To begin making money from YouTube, you have to first make a channel on YouTube, create a video and then start uploading videos regularly. As soon as you start getting views on your videos and the number of subscribers on your channel will start to increase, you can sign up to monetize your video by allowing YouTube to display ads on your videos.
The more views you get, the more money you can make on YouTube. You can make a YouTube channel today, but it might take a few months to increase your channel’s number of views and subscribers.
Make Video Lessons
If you are a subject matter expert in a particular field, you can start making training videos related to your niche. This is also the most common way to add video and make money. People are always interested in watching videos from the expert and learning something, and you can capitalize on this need of the audience.
If you are a fitness expert, you can make a video about ‘The top 5 foods everybody should include in their diet .’ If you are a Yoga expert, you can make a video about ‘The top 5 yoga for beginners.
After that, you have to make your video available through a subscription-based model. In this type of model, the client pays a monthly or yearly fee to access your video. You also have the option of offering the video on a pay-per-view basis, or you can sell your videos in a package to download after making a payment.
Broadcast Your Video on TV Channels
This might sound odd as usually, you have to pay a TV channel for broadcasting your video, and apart from TV serials, news, and documentaries, nothing else is shown on the TV. But there are a couple of new channels popping up in the market with the plan of allowing people to broadcast their videos without charging a single penny.
This means even with a guitar cover video; you can broadcast your content on the satellite TV channel. Yousat.tv is the first Satellite Channel that gives people the chance to broadcast their videos on TV to hundreds of millions by simply uploading their videos or sending their links on our website. These new TV channels are even planning to show ads during those videos, and by making your videos popular on the TV channel, you can get a portion of the profit earned from the ads. There is no confirmation regarding this type of payment, but by the look of things, this is what will be the future of such innovative TV channels.
Affiliate Advertising and Product Placement on Viral Videos
Another good option of making money through videos is to acquire the rights to some viral videos and then affiliate products or use the product placement strategy on those videos. Viral videos are usually short videos that people love to watch and share.
You can come up with a unique idea for a video and then share them through your social connections while expecting the audience to like and share the video. But there is no guarantee that your video will go viral by using this simple technique since what people want and share at a breakneck pace is unpredictable.
Making money through videos is effective and easy, but it fits in the current environment like a glove. Videos are the most consumed type of content. It would help if you capitalized on this trend instead of limiting your earning options to traditional methods.
Also Read- Improve YouTube Video Rankings