If you join the YouTube Partner Program, chances are you won’t earn a living from it. With your current level of views your
income should be $2,000-$2,500 per month. It’s a nice income supplement, but certainly not a full time living.
First, you have approximately 750,000 monthly views across your channel. That’s not a small number.
For the sake of this discussion, I’ll assume that your channel focuses on a single niche.
Research your niche to determine what are their greatest challenges. What problems do they commonly face? What keeps them awake at night?
Create videos that help solve those problems. Become their “authority” in your niche. This will help develop trust and loyalty. Eventually they will be anticipating and waiting for your next video.
Find affiliate programs in your niche. Today this is quite simple to do because there are countless affiliate programs available in any niche you can imagine. Just go to Google and type your niche followed by “+ affiliate program” and you’ll have a slew of possibilities.
In your videos and video descriptions you can promote your affiliate products to your audience. Just make sure the products you promote are relevant to your audience’s issues.
I would also advise that you create a “landing page” to capture email addresses. This is vitally important because it allows you to correspond with your audience on a regular basis. and creates the opportunity for continued sales.
You have 750,000 monthly views. 1/10 of 1% of those views is 750. If you could convert 750 views into sales that earn you only a $25 commission, that would equal a monthly income of $18750, or an annual income of $225,000.
This can be done on YouTube without spending a single cent on advertising! In other words, 100% profit.
Most people would consider that a “living”!
I believe my numbers are conservative. Depending on the authority and trust you’ve built with your audience, you may easily be able to convert much more than 1/10 of 1% into sales.
In addition, $25 is on the low end of affiliate commissions. Depending on your niche, there are many affiliate programs paying substantially more than $25. They’re not too difficult to find.