How To Make Money From Viral & YouTube Videos? (Infographic)
Love or hate them, viral and YouTube videos are still a phenomenon you can make a load of money from. How? Get the insights and infographic here.
As the creator of the first and only video to exceed 1 billion views in the entire history of YouTube, PSY is regarded as the viral star of 2012.
Many have crowned him as the emperor of YouTube.
But how can you make money from viral and YouTube videos?
YouTube Videos: The Partner Program
Since the launch of YouTube by Google in 2006, over 1 million users in 30+ countries have earned money through advertising with YouTubeâs Partner Program.
No, your video doesn’t always need to be a big-budget Hollywood production, in order to make your video go viral and make you rich.
Homemade comedy sketches and dances are also popular.
Along with beauty tutorials, cat videos, reviews / how-to videos and even un-boxing and shopping ‘haul’ videos.
Making Quids with Viral Vids: Infographic
All you really need is a decent video camera, a creative brain and a large fan base. And blend-in some of the insights from this infographic by MoneySupermarket:
Your ROI benchmark?
1,000,000 video views could make you $800 to $8,000.
Math Men will understand metrics, not myths.
In the last 2 decades I have claimed and coined “viral” with several companies, and sold these companies to WPP.
And we have built the core of ViralBlog on the viral phenomenon. We’ve got viral inside.
In our flagship format Viral Friday, we are inspiring the global marketing community with over 300 episodes.
However, we know that out of the 100 hours of video that is being uploaded to YouTube every minute, only a few go viral.
Some viral videos are even supported by paid views, and the creators are not always telling you about that fact.
You will be lucky to make money from their homemade viral videos, but impossible is nothing!
Video monetization is certainly a great opportunity for the entertainment and music industry. They can also make money from in-video sponsorships and product placements.
So the infamous long tail? It could make a few of you very happy.
Why not create your own “pay-per-view” channel on YouTube?
What About You?
What other tips do you have on making money with viral and YouTube videos? Share your ideas in the comments below.
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About the Author
Igor Beuker was CMO at 3 listed companies, chairmain at the IAB, jury member at Webby, AMMA and Esprix awards, founder of 2 agencies (sold to WPP) and Global Chief Social Officer at Mindshare. Now he is ‘freejack’ consultant and still a sought after keynote speaker.