Table of Contents
1. Affiliate Marketing
What is Affiliate Marketing?
Affiliate Marketing is the process of recommending other people’s products and services. When you bring in a client, you will be able to get a commission for your trouble.
Depending on the product and service, it’s possible to get a recurring amount of money. Focusing on products and services that will give you a recurring amount of money, is a great way to build up passive income streams.
Read: Affiliate Marketing Business Model: How To Set Up Your Systems
Create a Landing Page
Look at creating a landing page. A landing page will give you the ability to collect emails and put them through an email sequence.
Usually you will need to give them something to get their email. It’s called a lead magnet. You offer something to people in exchange for their email.
At the end of your YouTube videos, you can ask people to go to the link to get their FREE blah blah blah. You can put the link in the description box.
You can offer a PDF, Ebook, Email Series, Quiz, and more.
Collect Emails for Your Affiliate Marketing Pitch
Once you get their email, you will be able to send them emails in the future. You can look at an automated email sequence. An email sequence will welcome people to your email list.
Make sure you deliver your Free giveaway. You don’t want people to be upset with you because they didn’t get their item of value.
Ideally, your emails should talk about the different product and service. Look to include a YouTube video about your affiliate product or service.
Create a Collection of YouTube Videos
Create a collection of YouTube videos around a particular affiliate product or service.
Make a pitch about each product. You should show people how to use their future product or service. Give a review about it.
Look at including these videos in your emails. It will increase your YouTube ranking and help it show up in the Google Search Engine.
Make sure to include your affiliate link in the description box. If people click on the box and purchase through you, you will be able to get a commission from them.
2. Selling An Online Course
Look at selling an online course. You can host your online course for a very reasonable price. You can ask for a couple hundred dollars or multiple thousands of dollars.
Why Should You Sell An Online Course
An online course is a great way to make money. There isn’t really a fulfillment costs. You can easy scale up.
The more viewers you have for your YouTube channel, the more money you will be able to make.
Consider a course for $500. If you have 1000 buyers, this is worth $500,000. You have seen people online with hundreds of thousands of viewers. Each video produces a number of buyers.
If you are looking to really monetize with YouTube, you will need a lot of viewers. Look into capitalizing your viewership with an online business.
Read: How to Develop An Online Course
Look at Creating Webinars
A webinar is a great way to sell your product. It works best with higher ticket items. If you have a course $300-2000, consider looking at doing a webinar.
WebinarJam
WebinarJam is a popular webinar for business owners. If you plan on doing a lot of live events, you will be able to get emails when they go through registration. You will be able to directly interact with people that go on the webinar.
EverWebinar
EverWebinar is developed by the same team as WebinarJam. It allows you to create a webinar experience similar to WebinarJam. The benefit is that you will be able to automate the process.
You won’t be in the webinar, but it will feel like your potential clients are experiencing it live.
It’s not a full-proof system, but it does give people the feeling that it’s properly set up.
Free Webinars in YouTube
You can look at setting up free webinars on YouTube. You can set up a live event and ask people to register for the webinar on a landing page.
Once people register for the webinar, you can give them information about the time and link.
Once go live on YouTube, you can address different concerns and questions. It’s not the best webinar experience, but it can be an effective way to talk about a product in a low pressure setting.
Look at using your webinar to sell your online course and get people on to your email list.
Read: Free Webinar Software You Can Host For Your Business
Collect Email From Your Webinar
Make sure you are able to collect emails from your webinar. Your webinar can act like a lead magnet. If people want more information about your online course, they can tune into your webinar.
Landing Page for Webinar Emails
Make sure you have a landing page for your registration. You should be able to give people a link where they can sign up.
If you have a webinar software or marketing funnel, you will be able to create a landing page to get emails.
Read: Marketing Funnels Made Easy
Creating an Email Sequence
There will be people that don’t end up watching you webinar. Other people will watch your webinar, and not purchase anything.
You will want to follow up with people through your email sequence. Look at having and email service provider like ConvertKit or MailChimp.
The goal is to set up a sequence that will get you deals later on. Look at combining good copy, YouTube videos, and giving people specials to get people later on.
Sell Directly On Your Webinar
Look at selling people on your webinar by bundling your offers. Don’t try to compete on price. Try to increase the value of your offer.
Send People To Your Sales Page
Look at having your sale right on the webinar. Some of the paid options will give you this opportunity.
If you don’t have this option, look at sending people to a sales page to make their purchase. If you are using software like Teachable or Thinkific, they will allow your students to purchase on their platform.
They will then get direct access to your online course. Consider getting some kind of platform for your online courses.
3. Selling Physical Products
Why You Should Sell Physical Products
Physical products are going to be around for the long haul. If you can find a good manufacturer or look into manufacturing your own products, you can find steady business online by selling physical products.
YouTube is a search engine and a way to engage specifically about physical products. For example, if you are in the health and fitness niche, you can find multiple items that might work for your clientele. You can look at food items, supplements, weight lifting equipment, apparel, and more.
Look at branding your own products and selling it to your viewers. There are a multitude of items you will be able to find for your niche.
Look Into Amazon FBA
Amazon FBA has become increasingly popular and saturated. You can still find items of value, but it’s more about finding a brand. Amazon will handle shipping, returns, and customer service.
You can look into sending you product over to Amazon, and getting the trust from their brand. You can send business over from your YouTube, but also get steady sales from the huge traffic that Amazon already generates.
Advertise your usage and review of your own physical products on your YouTube channel.
Warehouse Shipping
There are warehouses that specialize in Amazon FBA. They will handle the packaging and codes needed. You will be able to get your product from your manufacturer, prepped by your warehouse, and fulfilled by Amazon.
Having Amazon Ship Your Products
Amazon’s greatest strength is their ability to ship products within 2 days. In some places, you are able to get same day shipping. There are a lot of people that shop on Amazon and they have become a super e-commerce store.
Not having to worry about logistics will help you focus on your end of the business. As a YouTuber, look at increasing your viewers and subscribers. If you have this leverage you will be able to do a lot of different things with it.
Set Up Your Own E-Commerce Store
There are a lot of e-commerce solutions online. A lot of businesses have increased their online presence because of the widespread use of the internet. It has become increasingly popular to purchase items online.
WooCommerce
WooCommerce is the flagship product used by WordPress users. It has a free option that will let you sell your product. You will need to look at managing this set up.
Shopify
Shopify has grown to become a huge company. There are a lot of businesses that have relied on Shopify to help them sell their physical products. They have good customer service and help with the process.
Samcart
Samcart gives you the option to take payments online. If you have one physical item and a lot of digital products, Samcart might be a better option for you.
Creating a Marketing Funnel
Kartra
Kartra is an all in one marketing funnel. One of the key distinguishers is that they have an email service and help desk. Their higher plans make it easier to get into an agency style business model.
ClickFunnels
ClickFunnels is one of the original market funnels. They are based around education. They have a great affiliate program. They look to teach you about online marketing, and get you to realize that you should try out their software.
Kajabi
Kajabi is a similar service to Karta. They have marketing funnels that you can make. They tend to focus more with online courses.
4. Selling a Service
Why You Should Start Selling A Service
A service is a great way to get your foot in the door. You generally don’t have any fulfillment costs except for your time. You will need to consider if it’s scalable.
One Time Service
Consulting Work
Use your YouTube channel to get consulting work. Once you build up your channel, you will be considered an expert. People will come to you with questions.
You can help your followers by allowing them a time to talk to you. You can have people pay for a consulting session with you.
Read: How to Start A Consulting Business
Done For You Service
Depending on your other offers, you can offer to do something completely for them. For example, in the health niche, it can be a food delivery service.
Other niches will have other services that you can create a done for you service. If you are in technology, you can offer to do people’s websites, marketing funnels, and more.
Think about what people need, and fill in the gap. In general, you can offer your course and a done for your service for a higher price.
Recurring Service
Consulting: Retainer Fee
You can offer to be a retainer. People can pay you a monthly amount to ask for your help. You can guide people in the direction they need to go. Look at increasing your value to them, and make it hard for them to leave you.
Finding a Recurring Service
Look at offering a recurring service. Bookkeeping, advertising management, content creation, and food delivery are different recurring services.
If you can get people on a recurring service, you can make a substantial amount of money by letting people aware of it.
If you can develop a software, look at incorporating it for a monthly fee.
Frequently Asked Questions
What YouTube revenue should I focus on first?
Look at getting ad revenue and then selling some kind of digital product. Your digital product can be your own product or someone else’s product.
How Long Does It Take To Get Traffic On YouTube?
It will take at least a couple months. Look at creating searchable content. In the beginning, you want to find material that people are searching for.
How Much Money Can I Make On Other Revenue Sources?
It’s very possible to make more money from the other pursuits than Ad Revenue. Ad revenue should be a small portion of your YouTube strategy.
