British scientist, Tim Berners-Lee toppled the world on its head when he developed the world wide web in 1989. Ushering in a new era of information distribution, the internet has led to the development of a complex virtual system. As expected, the medium opened up gates to a slew of novel and lucrative opportunities for people to capitalize on. Today, internet-based entrepreneurs are flourishing and earning millions of dollars from the comforts of their homes.
Out of all the revenue streams, the internet has helped generate, video monetization has been the most in-demand and profitable. People are constantly on the lookout for audio-visual content to either entertain themselves or imbibe new skills making the video streaming industry a billion-dollar venture.
On-demand video training or online learning holds the largest share of the revenue generated by video streaming services. The online learning industry is booming and shows no signs of slowing down with experts estimating the industry to be valued at USD 325 billion by the end of 2025. The most important question that arises in this circumstance is where can you try and gain even a small share of this money?
Out of all the video streaming platforms, YouTube is the biggest video library in the world. The platform servers roughly 1,300,000,000 users every day while 300 hours of video content is uploaded on the platform every minute. On reading the statistics you may straightaway want to create your very own YouTube account and put your skills to good use. But hold your horses, it isn’t as easy as it sounds.
Earning on YouTube is Harder than Ever
While some people still consider YouTube to be the best video monetization platform of 2019, it is not completely true. The platform is definitely a place for you to sell entertaining content but not online courses. In addition, the recent regulations rolled out by the video streaming giants make it excessively difficult for new beginners to earn on the platform. In order to earn from your video, you will be required to enter the YouTube partner program.
To set the ball rolling and be accepted to this program, you need to have 4000 watch hours in the past 12 months and 1000 subscribers on your channel. However, the challenge does not end there. In case you manage to do that with exceptional patience levels, you still wouldn’t be assured of earning from your online courses. The reason is that you only earn a small part of the advertisers’ revenue if the viewer clicks on the advertisement or watches it for a specific time span.
Additionally, people looking to hone their skills usually opt for a series of online video lessons pertaining to a certain skill rather than long single video lessons. So does this mean you shouldn’t try to get your videos monetized? The simple answer to the question is “NO”. There are free video monetization platforms that can help you earn instantly and hassle-free.
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Youtbe Monetization Alternatives
Among the different YouTube monetization alternatives, Skills Co stands out owing to the plethora of features it offers. Skills Co is an online learning platform with an extensive user base that allows people to create their unique online courses and share it with the world while getting paid for it. How you may ask? The procedure is simple.
Just upload your online course free of cost on the Skills Co platform and assign a price to it. Whenever a user buys the course you get paid instantly. There is no restriction on the kind and nature of the courses you can create. So it doesn’t matter if you are a master of small but impactful life hacks or a DIY specialist, there are numerous people waiting for the content.
Often in case of YouTube, you may struggle to gain the right audience. But as a part of our USD 1/month subscription, we do the marketing for you. Our SEO specialists optimize the description of your course so that it could reach the targeted audience. Also, you will receive in-depth tutorials on marketing and creating courses as a part of the platform subscription, a feature no other organization provides.
With our modern and sophisticated sales and marketing tools, you can analyze the performance of your courses and change the pricing for maximum profitability. So what are you waiting for? With Skills Co, the sky is the limit and you are your pilot to success. Subscribe today and turn your hobbies into a full-fledged handsomely paying career.