- Adam Del Duca
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- How To Make SERIOUS Cash With Your YouTube Channel
How To Make SERIOUS Cash With Your YouTube Channel
Start doing this to turn your channel into a full-time income
There’s something that you probably don’t know about me
Nor should you…
But I’ve been building businesses online for a decently long-time (5+ years)
I’ve built businesses in the freelance space
Built multiple YouTube channels
And now have a growing personal brand on Twitter (X)
Over the course of these 5+ years I’ve learned a ton of lessons
And have been impressed by a lot of people
But nothing has taught me more about making money than small accounts on Twitter (X)
Every once in a while I connect with small accounts (under 5,000 followers) making $10,000+ per month
And I think to myself, “how the hell are they doing that?”
What I came to learn when talking with these accounts is that they have two factors working in their favor (don’t worry this relates to YouTube so just be patient)
The first factor was narrow audience interest
They would be talking about a particular topic like tax strategy for small businesses
Or SEO optimization for e-commerce shops
Their page topic didn’t attract millions of followers
But it attracted those with high interest and intent
The second factor was effective monetization
These accounts wouldn’t pitch their audience a $15 ebook
Instead, they would charge their clients $3,000+ for their services
Only needing a minute fraction of their audience to convert to make $10,000/mo
The lesson?
Audience monetization is more important than audience size
On YouTube, this principle is also true…
Let’s look at an example channel
The Swedish Investor is a stock investing channel (previously ran faceless)
Similar to those example Twitter accounts, it’s only talking about one topic (stock investments)
This has allowed it to amass a ton of subscribers all with one intention: Learn about the best stocks to invest in
Now, most channels would stop here and enjoy the bit of ad revenue that would come from their efforts
But not the Swedish Investor…
Because remember, to make the big bucks you just need proper monetization in place…
Swedish Investor now runs their channel as a funnel
Their public videos talk about the core topic (stock investments) at a high level and raise intrigue in the types of returns stocks can provide
This funnel then leads to an offer for more exclusive content sitting behind a Patreon paywall
How well is this funnel working?
1,500 members at $16 a month - you do the math…
This is why I always tell my students to start your channel with your monetization approach in mind
If this channel only earned through ads, it would be making just 25% of what it’s earning now…
That’s the power of building a like-minded audience who you can offer more value to via products, services, exclusives etc.
Happy Saturday,
Adam