It goes without saying that you can make a great amount of money on YouTube. Anyone willing to do high-quality work along with being consistent can succeed on YouTube. Only one question remains: how much do people with YouTube channels earn? Or, how much money can you produce through video marketing? There is no one-size-fits-all solution because it depends on a variety of elements such as views on YouTube and subscriber base, revenue streams, ad revenue, affiliate programs, goods sales, and sponsorship partnerships.
YouTube only pays a small amount for every 1000 ad impressions. The money you earn on YouTube depends on your YouTube channel, location, and the amount of time you give to it. Based on the location of viewers and the intended audience, YouTube monetization for 1000 views (also known as CPM – Cost Per Mille) ranges from 0.5 to 6 USD on average. Although the figures vary, most channels are paid 0.5 USD for 1000 views.
How Much Does YouTube Pay for 1000 Views – Factors
The amount of money you make per 1000 YouTube views depends upon three main factors:
- The Niche of your YouTube Channel
- The Source of Traffic on your YouTube Channel
- Number of Subscribers on your YouTube Channel
- Total watch time of your Channel
Let’s discuss them in detail.
1. The Niche of your YouTube Channel
If your YouTube channel’s niche is Religion, you’ll get the poorest CPM, possibly $0.10 to $0.4 per 1000 views. If you make content about business, exams, or software tutorials, YouTube will pay you anywhere from $1 to $3 per 1000 views. One of the most crucial things to grasp is “how much money an advertiser will want to target the area you’re working in.” Things have now changed, as YouTube has issued a stringent regulation for content creators who want to participate in their monetization program. However, there is a bright side to these rigorous policies: they help creators by allowing them to run many in-stream commercials. They are now considering increasing the amount of money paid to creators. Regardless of the niche, you will be paid $0.5 to $4 for 1000 views on your YouTube videos in Pakistan.
2. The Source of Traffic on your YouTube Channel
You’ve hit the jackpot if your traffic comes from YouTube and Google searches. YouTube is the company that makes the most money from search engine traffic. If you get your traffic from social media, you won’t get any better results. The majority of them will be unaware that you are earning any money. However, they are actual people, and there is a high chance that you could earn more money in the long run if you work with them. Consider your YouTube content to be a digital product; if you work hard to create outstanding films and are successful to rank them on YouTube and Google, you may earn a lot of money because search traffic pays highly.
3. Number of Subscribers on your YouTube Channel
It’s difficult to amass enough active followers and viewers to make a living from YouTube earnings. When your YouTube channel reaches 1,000 subscribers and 4,000 watched hours are reached, you can start earning money. Once you’ve met this goal, you’ll need to apply to the YouTube Partner Program (YPP) to have your channel monetized. If you haven’t broken any one of YouTube’s community guidelines, your application will be approved and you will receive a verification number in around two weeks. You will begin getting cash into your account after your channel has been approved and validated.
How to grow your YouTube channel?
It is the next step ahead of monetization approval, which actually means how you can boost the viewers and subscribers on your channel to earn more money. This is the step in which patience and constancy are required. Use your personal social circle to start: ask your friends, relatives, classmates, and coworkers to subscribe to and share your channel with their friends and family. This will aid in the initial growth of your channel. You can also utilize other social media platforms to promote your channels, such as Facebook, Reddit, Linkedin, Twitter, and Instagram. Use these sites to cross-promote your YouTube video. Engage your audience and respond to their input to build a devoted following for your channel.
Summing up, how much you can actually earn from the YouTube channel really mainly depends on your audience. Clicks per Mille (CPM) is the rate per 1,000 clicks or views that YouTube pays you for. CPM rates differ from one region to the next. Australia’s CPM rate is $7, the United States is $4, and it’s $0.02 in Pakistan. This implies that when it comes to making money on YouTube, knowing your audience is crucial. Approximately 500,000 views from Pakistan will pay you PKR 10,000, so it’s not worth it. Consider if only 1% of these views, or 5,000 come from Australian people, where the CMP rates are the highest. On the same video, you may make PKR 35,000! So, if you want to make more money, consider targeting an international audience. You can also concentrate on Pakistanis and Indians who live in other countries.
In Pakistan, YouTube is the most convenient option for earning money given the poor economical and jobs situation for youngsters and newly graduated individuals. It can be a platform to become a millionaire only if a YouTuber is consistent and generates new and trendy content for the audience.
You’re no longer skeptical, are you? None of these people achieved YouTube fame overnight. Their wealth and success are the consequence of their consistent hard work and drive to produce unique and quality content on a regular basis. You, too, can make distinctive YouTube videos that will help you gain a dedicated following, achieve popularity, and earn money on your channel. Work hard, keep going and you’ll be successful.
