Gone are the days when social media is a place for pleasure seekers or leisure activities but has changed course to be a business venture where people now make and build a fortune. One of the popular social media platforms where subscribers make money is YouTube.
Over five billion YouTube videos are watched around the world daily and it has an active monthly user of over 1.9billion making it the second most popular social network after Facebook.
This is possible by creating quality, unique, and exciting video content. To learn How to Make Money on YouTube in Nigeria, we have compiled tips and strategies that will help you make money on this video streaming platform.
How to Make Money on YouTube in Nigeria
YouTube has proven to be a social media platform to make money and it is exploited by millions of subscribers on the platform. People love to watch and engage with quality video content on social media and if this is what you offer on your channel, you are on your way to building net worth.
As a beginner interested to make money on YouTube, below are some important tips you can employ to make money on YouTube.
- Setup and build your YouTube channel
- Add contents to your channel
- Build an audience
- Monetize your videos for Ads on YouTube
- Get a minimum of 4,000 watch hours to start earning money on YouTube
- Setup Google Adsense
- Review your analytics
- Promote your videos elsewhere
- Partner with YouTube
- Increase your YouTube revenue with affiliate marketing
#1. Setup and Build Your YouTube Channel
Setting up building your YouTube channel is the place to start. Your YouTube account is the same as a Google account which also gives you access to other Google products, such as Gmail and Drive.
Create your account or use your existing one. It is important that you create your YouTube account because if you don’t, there is no way you can upload videos, comment, or make playlists but you can only watch, and share YouTube content.
#2. Add Contents to Your Channel
Providing you with gradual steps on How to Make Money on YouTube in Nigeria, next is to add content to your YouTube channel.
Once you’ve created your account and your channel is up and running, try to upload content that is of high quality and ensure you upload regularly and stay consistent with your uploads.
#3. Build an Audience
The next step is to build an audience which is vital to increasing your monetization. The reason is that you need viewers to watch your content so that you can make money off them.
Ensure you come up with quality and superlative content that will attract viewers to visit your channel and also stay by subscribing so as to be notified of future content.
Also, ensure you share your video on other social media platforms like Facebook, Twitter, Instagram, etc. you can also share it with people.
#4. Monetize Your Videos for Ads on YouTube
Another vital step to ensure you make money on YouTube is in order to enable monetization meaning that you agree to allow YouTube to place ads in your video.
Also, you agreed that there is no copyrighted material in your video. Follow the steps below to monetize your videos.
- Go to youtube.com
- Click on “My Channel”
- Click on “Video Manager” on the top bar.
- Click on the channel and Enable monetization.
- Get at 4,000 watch hours and 1,000 subscribers
#5. Get a Minimum of 4,000 watch Hours to Start Earning Money on YouTube
To begin making money on YouTube, you need to reach a minimum of 4,000 watch hours in the previous 12 months and 1000 subscribers as well.
This is the criteria set and the next important step after you monetize your videos. Once you are able to reach the set target, the system automatically reviews your channel to make sure it meets the YouTube Partner Program terms and their Community Guidelines. So, do all you can to achieve the threshold.
#6. Setup Google Adsense
Another step in How to Make Money on YouTube in Nigeria is to set up Google Adsense. This can be done for free at the AdSense website.
You must be 18 years and above to use this service and you need a PayPal account or a bank account as well as a valid mailing address along with other information so that AdSense can verify who you are and who to send the money to.
#7. Review Your Analytics
Having uploaded some video content online, monetized, and being viewed, you can check out the analytics to view their performance. Click the Analytics option in your Channel menu. You will be able to view estimated earnings, ad performance, video views, demographics, and more, and also see how your content is resonating with your audience.
#8. Promote your Videos Elsewhere
Taking us further as we continue to discuss How to Make Money on YouTube in Nigeria is to promote your videos on other social media platforms, your website, or your blog.
You need viewers for your channel so don’t stick to YouTube alone but a scout for them elsewhere by sharing your video link or embedding the video on the internet.
#9. Partner with YouTube
To become a YouTube Partner means you have monetized your videos and your channel is followed by a large number of viewers. YouTube Partners have access to more content creation tools and can win prizes based on the number of viewers they have.
#10. Increase your YouTube revenue with Affiliate Marketing
Lastly on our list is to become a YouTube affiliate marketer. You become an affiliate marketer by creating videos and placing affiliate links in the actual videos (by comments) or in video descriptions.
This can be linked to products you review and use in your videos that will track a purchase. Interestingly, you earn a small commission if someone makes a purchase using your affiliate link.
If you are really interested in How to Make Money on YouTube in Nigeria, above are the ten solid steps that you shouldn’t ignore but work and if it’s done right, it can be a very lucrative business idea.
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Tag: How to Make Money on YouTube in Nigeria [A Beginners Guide]