The truth about how much does YouTube pay you for 1 million views explained from my personal experience.
I’m about to expose exactly how do youtubers make money off YouTube in this article. Even before YouTuber became a term, I have been making videos and uploading them on the platform. It was solely because of my love for editing photos and videos that I decided to share my work on YouTube. I was just 22 back then, young, alone with a lot of time on my hands to waste. Trust me, had I known making YouTube videos all summer would become what I do presently, I would’ve taken my hobby a lot more seriously. To me, it was just about those videos together and putting them on my YouTube channel. For years, there was no money involved in it.
YouTube and the curiosity regarding it!
Having posted YouTube videos for more than a decade, I have finally managed to pass that 1 million mark for video hits. Now the question on everyone's mind is how much do youtubers make off YouTube? Even if they aren't directly asking me, a lot of people try to make me answer it through various questions. It makes me feel like YouTubers aren’t part of the etiquette of not asking about one’s financial prowess. I kind of understand because it seems everyone shares the possibility of being a YouTuber. The curiosity surrounding the prospects of the same is hence at a maximum level. Everybody wants to know if being a YouTuber is worth all their time and effort. Hence we stand at the most vital question, how much does YouTube pay you for 1 million views?
Factors influencing how much YouTube pays you for 1 million views
There are lots of factors determining the earning capacity of a YouTuber in today’s day and age. The primary streams of income come from their subscriber base and video views. On top of that some YouTubers flaunt handsome ad revenue, merchandise sales, affiliate programs, and sponsorship deals. The basic fundamentals of earning money from YouTube depend on the amount of time you can invest in it, your location, and the channel as a whole. The location of the viewers and target audience determines the CPM or Cost per Mile, which is how much money per view on Youtube. YouTube monetization largely depends on this CPM. It ranges from 0.5 to 6 USD per 1000 views for a channel. These numbers can vary extensively, but a majority of YouTube channels are paid a minimum of 0.5 USD for every 1000 views.
How does the CPM monetization work?
The Cost per Mile concept in YouTube is the foundation behind YouTubers wanting more views and subscribers on their videos. No need in worrying about how do youtubers make money off YouTube if you don’t know this. It is because of this number of views, that businesses invest in advertising through YouTube videos. The advertisements that often end up intruding and irritating the viewers in between their favorite videos are key to this monetization concept. On paper, the channel owner would get 55 percent of the revenue generated through those adverts.
This is where the factors of location and target audience come into play. For instance, a small ad in remote high traffic countries such as the UK or USA might be worth more than a major placement in a remote area in Brazil. So if you’re wondering how much does YouTube pay you for 1 million views then I want you to know that location is a key factor. It might also turn out to be the other way round. That is why when people throw statements such as,” Ohh! This guy has more than a million views on his videos. He must be filthy rich.”, it doesn't necessarily hold good.
How can affiliate links help YouTubers earn more?
Modern-day YouTubers are largely depending on affiliate links to earn their share of the cash. Affiliate links really explain “how do youtubers make money off YouTube”? If you have a healthy audience engagement on your videos, then you can include products and use affiliate marketing effectively. The products featured on your videos will be accompanied by direct links to Amazon or similar eCommerce stores for your audience to buy. Once your viewers make a purchase through your video links, you will gain a commission from the sale. This commission is mostly a percentage of the selling price. Hence, the greater the cost of item you are affiliated with, the greater your percentage of share. YouTubers are earning a healthy share of their total earnings via affiliate marketing these days as more brands turn to them for the same.
How much does YouTube pay you for 1 million views?
As mentioned before, the average earning per 1000 views range from 0.5 to 6 USD. Now, I have had the fortune of amassing more than a 100,000 views on a number of my videos. In each case, the target audience was from a moderately healthier economic region. It helped me earn around 6000 USD per 10,000 views on a majority of those videos. The highest I had earned was 8000 USD for a commercial video targeted for the audience in New York. The lowest was around 1500 USD against a million views where the target audience wasn't so economically thriving.
YouTube’s partnership program - How do youtubers make money off YouTube?
Many people ask me, “how do youtubers make money off YouTube?” And honestly this is not the best way in my opinion. YouTube partnership programs provide a scope to content creators of monetizing their content through the channel. The creators' main source of income is through adverts and Premium subscriber revenues. To join the partnership program, you have to have an account in YouTube studio from where you can opt to join the partnership program. Go through the partnership program terms and agree to the agreements to become a partner and see your videos get monetized.
How important is viewer engagement?
It is almost next to everything for YouTubers trying to earn their bread-making videos. Unless your videos gain viewers, your account wouldn't be a prosperous option for businesses to invest in through advertising. Unless your videos gain adverts, they won't actually monetize anything for them hence leaving you with next to nothing on your platter. You can try out affiliate marketing, but that again directly involves your viewers and their willingness to buy the product you are featuring.
Conclusion - How Do Youtubers Make Money Off Youtube
So contrary to popular belief, not all YouTubers having a million views on their videos are millionaires. There are some that earn a lot more than some of their peers. It is just a matter of what location and target audience your videos cater to. Hopefully you never have to be puzzled asking the question, how do youtubers make money off YouTube, ever again.
TOAST TO YOUR SUCCESS,
~Jonathan Belcher
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