How to make money on youTube in Nigeria? Creating quality original video content for YouTube is a great way to make money online. If you are here to learn how to make money with YouTube in Nigeria, then you are exactly on the right page.
Think about how many videos you watched on your Facebook page in one day or how you wanted to watch a video on YouTube and ended up watching 7 videos.
The reality is that people on social media love to watch and interact with high-quality video content.
Founded in 2005, YouTube is one of the most popular video sites on the web today.
According to Ominicore’s 2018 YouTube statistics, more than five billion YouTube videos are watched worldwide every day.
YouTube has more than 1.9 billion monthly active users, making it the second most popular social media platform after Facebook, with more than 2.27 billion monthly active users.
YouTube is an intriguing method of making money, and if done right, it can be a very profitable business venture.
In this article, we’ve discussed some basic methods and tactics that you can use to double your earnings by simply creating video content and monetizing it on YouTube. Lets look at the basic methods and tactics on how to make money on Youtube in Nigeria.
Table of Contents
8 Legit Ways on How to Make Money on Youtube in Nigeria
1. Use YouTube ads to monetize your videos.
YouTube monetization is based on Google Adsense, a platform provided by Google. Actually, it’s Google Adsense, not YouTube, that pays you for your videos. Adsense is responsible for displaying advertisements in your videos.
To be eligible for monetization, your channel must have at least 4,000 hours of watch time and 1,000 subscribers in the past year.
This strategy took effect in early 2020 and is another approach for YouTube to encourage watch time (instead of view count, which was the platform’s previous goal).
4 Ways To Allow Youtube Monetization
You can enable monetization for your videos after your channel has reached the required number of YouTube hours and subscribers.
- After clicking on your icon in the top right corner of the screen, select “My Channel” from the drop-down menu.
- On this screen, click YouTube Studio.
- Select Creator Studio Classic from the drop-down menu on the left side of your screen.
- Once in Creator Studio, click Channel > Status & Features. Finally, in the box labeled Monetization, click Activate.
Your videos can be uploaded and accepted for monetization if you have monetization enabled on your YouTube channel.
You need to link a Google Adsense account to your YouTube account to make money on Youtube Nigeria from these ads.
2. Use YouTube to sell and promote affiliate items.
Affiliate is another method on how to make money on YouTube in Nigeria? Affiliate marketing is the practice of selling things for a fee. Hundreds of thousands of organizations, including large corporations like Amazon and eBay, as well as smaller businesses, offer enticing incentives to affiliate marketers who promote their items.
Affiliate marketing is without a doubt one of the most popular ways to make money from home on Youtube in Nigeria.
Build a vibrant YouTube channel and use it as the main catalyst to drive traffic and drive sales for affiliate sites instead of relying on static blogs to drive visitors to affiliate links.
Review affiliate items like cell phones, computers, and vehicles to make money as an affiliate marketer on YouTube or create lessons on how to use this product.
Remember to connect to your articles in your YouTube descriptions. If you do not include your affiliate link, you will not receive credit for purchases.
3. Get sponsorship for your video productions
Getting sponsorship is another awesome way on how to make money on Youtube in Nigeria? If you look at some of the most popular YouTubers, you will see that they have sponsorships and advertisements in their videos. Many companies currently fund YouTube channels in exchange for direct mail.
In order to receive a sponsorship, you may need to submit a detailed proposal detailing what you can contribute.
Make sure you have a good understanding of your target audience and the brand you are targeting. The best part about sponsorship is that you don’t have to pay a fee to YouTube.
The sponsorship money is usually far higher than the YouTube ad revenue. You need to excel to be recognized if you want to close a brand deal and become a YouTube influencer.
Below are the steps to get a brand deal or sponsorship:
- Find brands and campaigns that appeal to your target market.
- Present your creative ideas to the brand and deliver your proposal within their guidelines (product rating, 30-60 shoutout, etc.)
- If your application is approved, you will be hired and begin working with the brand on the project.
- Create content and get brand approval.
- Get compensated.
4. Market and sell your goods or services
Find out what your audience wants and make it available to them. If you want to keep 100% of the winnings and have complete control over the money that comes in? To do this, you need to sell your items or services.
Consider the following scenario: you create a small online training program worth $250. If you can convert just one in 1,000 viewers into your $250 video course, you’ll earn $0.25 per view, which is more than 59 times what you would make from YouTube advertising.
You can sell your items on Amazon, Shopify, Jumia, or Konga, among others. These platforms give you access to an internet shop where you can sell your goods.
You can guide people to your eCommerce site on any of the platforms and earn extra money by discussing or connecting your items in your videos.
Other Ways On How to Make Money on Youtube in Nigeria
5. Activate the paid membership program
This is ideal for content providers with the time and resources to create unique material. You can even turn your loyal audience into a community by granting additional privileges like access to your digital items.
Interested parties can pay a membership fee, which ensures you a regular monthly income.
The main goal of a paid community is to engage more deeply with a select group of your amazing followers and provide them with unique material. Adapting this method makes sense if you have the resources.
If you want to use a premium membership program, read the YouTube Channel Membership Criteria, Rules, and Policies and make sure you follow them.
6. Sell online courses
This category is for creators who educate and educate their audience. If you’re using videos to educate your YouTube audience, you’re already well on your way to making money on YouTube.
You can use your experience to create an online course that teaches a skill relevant to your subscription base. What your readers have shown interest in might validate the topic.
Other digital items that can be sold are templates, workshop events, e-books, etc. It is highly recommended that you start your course production adventure by building an email list.
Email is a more personal way to connect with your audience and build stronger bonds. It also usually offers tailored marketing options that will almost certainly result in a higher conversion rate than just promoting your course on YouTube.
You can get your readers’ email addresses by offering a worthwhile product (lead magnet) in exchange for their email addresses.
7. Fan crowdfunding
Once you’ve built a following of your own, inviting people to crowdfund your channel can help you create new videos and make money.
Patreon and other such platforms make paying for your work a breeze. Your followers can subscribe to their favorite channels for just a dollar and they might even win some special prizes from their favorite content providers.
Many companies with YouTube channels (both for-profit and not-for-profit) use the fan-funding model to keep content development and marketing on track.
So as long as your material is fascinating, entertaining, and valuable, you’ll be shocked at how enthusiastically your viewers will embrace it and keep wanting more.
This is one of the most effective ways for Nigerians to make money on YouTube today.
8. YouTube SEO Advisor
This is especially important for creators who haven’t yet built a significant following; You may need to up your game this year to maximize YouTube SEO.
It is one of the methods to get targeted traffic to your YouTube channel and make money in Nigeria.
To do this, do keyword research as usual, but try to think outside the box based on what people are searching for on YouTube.
Also, make sure your video title, description, and tags contain quality keywords.
Once it’s ready, you can look at your YouTube Traffic Source: YouTube Search report to see what people are searching for when they come to your videos.
Google also returns video results for keywords like “how-tos”, “reviews”, “tutorials” and “funny video phrases” to make things easier for you.
Metrics to consider for ranking on YouTube:
- The number of people who commented on the video.
- Subscriber ratio after watching a video
- The ratio of thumbs up to thumbs down
- the duration of the video
- The percentage of people who click on the results of a YouTube search.
Frequently Asked Questions: How To Make Money On Youtube In Nigeria
1. Is it possible to monetize YouTube in Nigeria?
Anyone can upload and monetize their videos after Google Africa announced in August 2013 that it would be expanding the YouTube affiliate program to more African countries, including Nigeria.
2. How do Nigerians get paid on YouTube?
Google AdSense, the company that places ads in your videos, pays you for each ad view. In order to monetize your YouTube videos, you must first have an authorized Google AdSense account.
3. How much does 1000 views on YouTube cost?
Since the typical compensation for each ad view on YouTube is between $0.01 and $0.03, a creator can earn $18 per 1,000 ad views, which equates to approximately $3 to $5 per 1,000 video views. It has also been estimated that a top YouTuber can earn as much as $5 per 1,000 video views.
4. Does YouTube pay monthly?
Once you reach the $100 minimum, YouTube will pay you monthly. The quickest approach to making more money is to generate high-quality, interesting material that will make your viewers follow your channel.
Conclusion – How To Make Money On Youtube In Nigeria
It’s not something that happens overnight! YouTube is a great way to increase your business’ revenue, but it’s not easy.
In order to generate a significant amount of money, each video needs to attract thousands of views. Understand that you must earn people’s trust in your channel by consistently producing quality material that entertains, educates, and delights them.
Making money on YouTube doesn’t have to depend on advertising and doesn’t have to be constrained by new regulations for advertisers.
The good news is that you can increase your monthly profits by combining two or more strategies to make money on YouTube.
However, make sure that your video material is of sufficient quality for your target audience. If you have a little extra cash for gear, instead of using your phone’s camera, invest in a nice digital camera.
Also see how you can make money on facebook here.