The world is now online and people are taking advantage of the opportunities it provides. And Youtube is one platform that offers numerous opportunities for people to make money – a lot of money.
You perhaps know what YouTube is and have seen the luxurious lifestyle most YouTubers live and so you might be wondering how they can afford such a lifestyle.
You are in the right place to get the information you require. We will be talking about YouTubers and how they can afford expensive things in life like cars, wears, vacation, etc.
The YouTube platform
YouTube has been around for years now and is known as the second biggest search engine in the world after Google. This, therefore, tells you that YouTube gets a lot of users constantly on its platform just like the Google search engine.
The major difference is that, unlike Google, YouTube content is only videos. So users are only allowed to post video content instead of textual content like Google. Again just the way people write content on Google so does people upload video content on YouTube also. This makes it the second biggest search platform on the internet after Google.
The luxurious lifestyle of YouTubers is always a constant cause of discussion. YouTubers are known for living large and extravagant, and so their source of wealth is often a matter of debate. But the answers aren’t quite hard as they may seem. We will talk about that below.
How YouTubers earn money
It’s simple. YouTubers make money from the content they upload on the YouTube platform. Yes, YouTube has various ways it allows users to monetize their content on its platform. They made it possible for content creators to earn from their video content.
Here are ways YouTubers make money from their video content on YouTube.
Youtube partner program
The YouTube partner program is the first basic way YouTubers monetize their content and get paid. The YouTube partner program is similar to the Adsense program like Google, except only that on YouTube, the ads are shown on YouTubers’ videos.
There are requirements before a YouTuber is eligible to use the YouTube partner program. YouTube demands 1000 subscribers and 4000 watch hours before showing ads. There are also policies YouTubers must adhere to if eligible for the YouTube partner program, such as no violence, sexually suggestive, or promotion of drug content.
A YouTuber can earn a lot of money from the YouTube partner program but more often than not, most YouTubers do not make a huge chunk of their money from this method. But this is certainly one way YouTubers earn big bucks from the platform
YouTubers make huge money from being influencers to brands. Many brands are looking for YouTube stars with a huge audience to help market their products or services. YouTubers with great content and a huge audience stand a chance of making millions from brands if they get the right deal.
YouTubers can earn as much money as the number of audience and The views they get. The figures are earth-shattering if the right deal is being negotiated. The content quality, demographic, and audience are factors that also determine how much a YouTuber can get out of a deal with a brand.
Some influencers marketplaces connect brands with YouTube stars with a huge audience and unique content. A lot of comedy YouTube stars are always favourite to work with brands due to their audience and unique content.
YouTubers also sell their products to their customers. This can either be digital like a course, ebook, webinar, etc, or physical products like shirts, shoes, tote bags, hoodies, etc.
A YouTuber with a high audience can sell any products to their customers and make money. The more the audience the more money they stand to make.
Affiliate sales make up another large chunk of money earned by a YouTuber. An average YouTuber has an affiliate product they are promoting on their channel. Most affiliate sales can be on luxurious products where the commission earned is usually in millions of dollars.
But again as with other means of monetization, a YouTuber can earn as much money as to how many subscribers and watch time they can amass. The figures can make a huge difference between an average YouTuber and one who makes millions. This is the reason why many YouTubers create insane content all for views and more subscribers.
Having rich parents is great and some YouTubers are no exception to the fortune they get from their rich parents. It is believed that most YouTubers get on the platform for fame and not the money. But the advantage of these is that they get access to luxurious cars, outfits, houses, and vacations.
While it is not reasonable that a parent would want to sponsor such a lifestyle, it is entirely not absurd. Most YouTubers are young and a few of them are actually from a rich family where luxurious things are common.
YouTubers do make money from their content on the YouTube platform and whichever means they choose to make money, it is real, cause they are a lot of them with proof of how much money they make.
With millions of subscribers and thousands of watch time, any YouTuber can make millions of dollars to afford a luxurious life for themselves.