Tag: monetize live video
A DOZEN WAYS TO MONETIZE YOUR LIVE STREAM VIDEOS in 2020!
As hard as it may seem in your mind, if you try not to overthink it you may find it should be pretty straightforward:
1. Send Video Traffic to Your BLOG!
Consider re-purposing some older content into videos, and start creating new videos. Make sure that you link to your own website in the first line of your video descriptions, so you can funnel your newly generated organic traffic to where you want it.
2. Create Products and Promote Them Online.
Products you can create include ebooks, apps, art, original music, and any handy craft. Create your products, and add them to a shopping cart. Then use live video to promote them. Add a link to your product in your video’s description, so that viewers can buy.
3. Sell OTHER Brand’s products as an Affiliate Marketer.
“Affiliate marketing” means selling products in exchange for a commission. Hundreds of thousands of companies offer all kinds of super cool deals to marketers who promote their products, including huge companies, like Amazon and eBay, as well as the smaller ones.
Here are the top 20 affiliate networks of 2020 where you can become a member. These networks include Avangate, ClickBank, Commission Junction, and ShareASale.com, even the eBay partner program. Review your affiliate products on video, or create “how to use this product” tutorials. Don’t forget to link to your products in your descriptions – make sure you’re using your affiliate link, or you won’t get credit for sales.
4. Create Your Own Weekly Network “Episodic” series.
Love telling stories? Live Video lets you create your own branded TV shows. You’re limited only by your imagination… (and maybe your budget). Using live stream websites like StageTen.tv make it all possible! Create a comedy show, a drama series, or your own talk or interview-style format. The sky’s the limit!
5. Become a YouTube Personality.
YouTube stars can make a good chunk of change. PewDiePie, despite having lost major advertisement recently, remains numero uno of the highest-paid YouTube stars with $15 million in 2016. It was estimated that he could receive over $13,000 for a week of publications. So, if you have quirky ideas, or are passionate about stuff, you never know, you may be the next YouTube star.
6. Monetize your videos with the YouTube Partner Program.
After you’ve created several videos, it’s time to join the YouTube Partner Program. All you need to do is enable your channel for what’s called monetization, and you’ll receive your share of the income from advertising on YouTube, usually close to half! You do need a Google AdSense account to do this and 1000 subscribers on YouTube. It used to be easier, but sadly this is now the minimum entry point.
7. TEACH – Share Your Knowledge by Demonstrating your Skills in live classes.
Tutorials are HUGE on the web. If you know how to do something, and you can teach others, you can make money from your videos. Beauty videos are popular. For example, Michelle Phan has over 5.2 million subs and her videos get millions of views in just a couple of weeks. Other ways are to use course building sites such as Udemy, Thinkific, or YesCourse to build a following of students that pay you to teach them things.
8. Test Market Your Own Products – Got something you’ve created you think will sell?
Let’s say you have an idea for a product, but you’re going to need a little funding to make it happen. Try creating some live videos before you create an investment campaign. The views and comments on your videos will tell you whether your idea is viable in its present form. You may find you need to change directions entirely. Your existing audience can even help you to establish a proof of concept. That way any extra efforts put into getting funding may be more successful.
9. Become an expert in SEO (Search Engine Optimization)
One hundred HOURS of video are uploaded to YouTube every MINUTE! This means that there’s a huge competition for people’s eyeballs. You need to do everything you can to ensure that your videos get found. “Metadata” is data that gives information about your videos. In its Creator Playbook, Youtube has a lesson on search and discovery using metadata. To maximize your presence in search, promotion, suggested videos and ad-serving, make sure your metadata (your video’s title, tags, and description) are well optimized for the content within.
10. Create a Facebook Niche Group and Build a Community
This may seem kinda strange when you first think of it, but it’s actually one of the best ways to build an engaged following. Some groups made in certain niches are well-suited for subscription fees or for promoting your best products to your follows every now and then. FB groups give you the ability to stay in touch with your best customers as well.
Crowdfunding has become more and more common since the introduction of Kickstarter and Indigogo. It could be a great source of money if you have a great idea for a big media project. Not only could it generate your initial funding it can also help establish an audience and a continuous stream of revenue for your project in the future. A couple of the bigger names are Patreon.com and Ko-Fi.com, among others.
12. Turn your child or pet into a star!
Although I don’t recommend putting your child into forced labor, keep your video camera handy. If you see something cute, video it, and upload the video. (Don’t forget the metadata.) You never know who or what will be the next video sensation. Create that sensation, and you’ll make money. We all know about those cat videos…
SO GET READY TO GO LIVE in 2020 and make a little coin while doing it!
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