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How to make money on YouTube
How much money can a YouTube star really make? Sure, a popular video may get millions of views but that doesn't put money in your pocket, does it? The answer for many people is not really. For a few Internet stars, however, those views mean thousands and sometimes millions of dollars.
According to Business Insider, one of the most highly paid YouTube sensations was a video game commentator named Felix Arvid Ulf Kjelberg. The Swedish YouTuber posts videos of himself playing video games and giving foul-mouthed commentary. He has a following of 23.9 million people and his videos have collected a total of 36.9 billion views as of earlier this year.
For all of that fame, Kjelberg could be paid anywhere between $825,000 and $8.47 million, the news source reported.
How do I earn money like that?
Cashing in on YouTube is a fantasy that instantly comes to mind for many people after hearing those numbers. Publishing videos, creating a following and earning cash doesn't come all that easily, though. The road to becoming a YouTube star is bumpy and unpredictable. Luckily, the video hosting giant is making it easier for users to get a piece of those ad proceeds.
Before, users would have to undergo a time-consuming application process to monetize their YouTube videos and earn money from the selected advertisers. That all changed recently, according to Bloomberg Businessweek, after an April update to the website allowed any user to monetize their videos with just a click of a button. Essentially, anyone with a big enough following can start earning money off of their videos.
Don't expect millions
However, while this change has made it easier for the average YouTube user to earn money, it has also come with a few notable setbacks. For starters, Bloomberg noted that the revenue per view has fallen drastically since the new changes. Whereas YouTube sensations like Kjelberg used to make roughly $9.35 for every 1,000 views on a video, that amount has fallen to $6.33 per 1,000 views as of March. Some celebrity posters have noticed even stronger declines in revenue, causing them to question just how lucrative the site is now.
YouTube is now getting more traffic than ever, which would be good for hopeful posters if it didn't mean a surge in created content, too. According to Bloomberg, 72 hours of content are posted every minute, which makes it that much harder to be found on the site in the first place.
There are many ways to make money online, but there are very few surefire ways to get paid using the Internet. There is one reliable venue that takes out the guesswork of trends and followings, however. Paid online surveys are a quick and easy way to earn money online. Using a dedicated survey website, you could spend your time answering questions for sources willing to pay your for your opinions. Plus, you can research exactly how much revenue you'll generate without being left at the mercy of advertising kickbacks and expected view counts.
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