How To Make Money Blogging in 2024 and Is It Even Worth Trying?
Good question, buddy. YouTube has recently turned into some kind of black hole in which so many creators are already working that sometimes it seems unrealistic to find your own place in the sun, especially if you want to do it quickly. Yes, it was much easier to start a vlogging career 15 years ago, but then the platform was not taken as seriously as it is now.
Therefore, to the question of whether it is worth joining this adventure, there is a detailed answer: YES. Okay, not so detailed, but you get the gist: if you feel that it’s something you like, you have a lot of energy, you’ve already done video and sound editing, and even have a content plan for a couple of months in advance, then start your vlog without hesitation. Can you make money on it or not, will it all turn into a business — you will never know until you try. Therefore, the best way to start making money on YouTube is to take the first step towards your dream.
You ask wonderful questions, my colleague, so I hasten to answer them. On YouTube, the number of subscribers to the channel is often not as important as what topic the creator makes content on. A striking example here is children’s content. Yes, there are millions and billions of views, but the main viewer is insolvent children, and this target audience does not arouse much interest among big guys in expensive suits.
But if you are talking, for example, about real estate, and you have, say, 10 thousand subscribers on your channel, then the advertiser will be more interested in being placed on your content: although your audience is narrow, it is interested, and therefore solvent. And the return from advertising promises to be higher.
So, here are the niches with the most expensive advertising:
The cheapest advertising will be here:
BUT! This does not mean that these topics should not be dealt with. If you understand your field, have expertise, and just love doing all this, then you can earn money regardless of what your videos are about.
And remember one more thing: YouTube pays not by the number of views of a video, but by the number of ads shown, so this income becomes unpredictable. It all depends on the offers of advertisers, the topic of the video, the solvency of the audience, and many other factors.
The very first step to start making money on YouTube is to become part of the platform’s Partner Program. To do this, you need to achieve the following indicators:
1. 1,000 subscribers and 4,000 actual hours watched on public videos in the last 12 months; or
2. 1,000 subscribers and 10 million actual views on public Shorts videos in the last 90 days.
After you’re done with this (and you definitely will be), you can apply to be connected to the program. By the way, in the “Earn” section in YouTube Studio you can find the item “Let me know when I’m eligible” — and the system itself will notify you that everything is ready. This way you won’t have to refresh the page over and over again in anticipation of the coveted numbers.
Next, YouTube will conduct a standard check (it can take about a month, or even more, as the official Google website warns), and if your channel meets all the criteria and does not violate the rules of the platform, then you will become a proud and satisfied participant in the partner program.
You can find all the rules here.
How Much Will I Get Paid for a Million Views?
Whoa, whoa, champ, not so fast. Let’s talk about a thousand first, because this is the minimum step in calculations, which is called CPM — Cost Per Mille — and it is different in each country. Why? It’s simple: the more economically successful the country in which you work, the more expensive the traffic. Just business, nothing personal, so, of course, creators from the USA are in much more favorable conditions. But! The competition in the market is fierce too, so you need to look at the situation from different angles.
According to last year’s data, the most expensive CPM was in:
So, these are the most expensive and tidbit markets for YouTube. In Ukraine, Georgia, Lebanon, Morocco, North Macedonia, and Jordan, for example, this figure will be around $4.
The cost of CPM is constantly changing, so this list is just to let you see the difference and sensibly assess how much you can earn from views, as well as how much money you need to generally provide a decent standard of living with your videos if the advertiser loses your phone number.
Yes, yes, some creators believe that they can run a channel with other people’s content and even make money from it. However, YouTube has long learned to counter such things by using the Content ID tool, which recognizes a video by its electronic “fingerprint.” By the way, this service is available free of charge to Mediacube partners, so we can definitely protect your copyrights.
In the event that the system catches you by the hand, then it’ll kick your a, then monetization will be removed from your video in favor of the copyright holder, or even blocked altogether. Yes, sometimes mistakes or misunderstandings happen, because copyrights can be discussed for hours. However, your main defense against such situations is posting completely original content.
And, of course, knowing the platform’s rules on fair use of content, which allows creators to review movies and TV shows. I think we will write about this separately soon.
Advertisements
As we told you earlier, for many people it is advertising that allows them to earn more than from views. Even without going outside.
YouTube Shopping
Your fans can buy items from your store or click on tagged items, and then you will receive a percentage of the sale.
YouTube Premium
This is also one of the “background” incomes — you simply receive a percentage of the views of paid subscription users.
Sponsorships
Your fans can transfer you a certain amount every month, and you will only need to provide them with various goodies and exclusive materials.
Super Chat and Super Stickers
During live streams, viewers can donate to make their message and sticker stand out in the general chat.
Super Thanks
This is a one-time donation just for being a cool creator. You deserved it.
Now, after such an ULTIMATE analysis, you’ve learned almost everything you need to know about how to make money vlogging on YouTube. And if someone asks you about this, you will be able to answer this question. We wish you good luck, new ideas, and of course big money!
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