Easiest Ways To Make Money With Youtube In Nigeria And Get Paid Directly To Your Bank Account
YouTube is one of the biggest video-sharing platforms in the world, and it’s not just a place for entertainment; it’s a huge opportunity to make money. In Nigeria, many creators are turning to YouTube to earn real cash by creating content they love. Whether you’re passionate about music, education, gaming, comedy, or technology, YouTube allows you to make money while sharing your talents with the world.
If you're wondering how to start making money with YouTube in Nigeria and how you can get paid directly into your bank account, you’re in the right place. This guide will show you the easiest ways to make money with YouTube, providing detailed and updated information to help you succeed. Let’s dive into the different methods you can use to earn money from YouTube!
1. Join the YouTube Partner Program (YPP)
The YouTube Partner Program is one of the most popular ways to make money on YouTube. By joining this program, you get the chance to earn money from ads that run on your videos. Here’s how it works:
- Meet the requirements: Before you can apply to the YouTube Partner Program, you need to have at least 1,000 subscribers and 4,000 watch hours on your videos in the last 12 months. You must also comply with all of YouTube’s policies and guidelines.
- Apply for monetization: Once you meet the requirements, go to your YouTube Studio and apply for monetization. You’ll need to create a Google AdSense account, which allows YouTube to pay you when ads are shown on your videos.
- Start earning money from ads: After you’re approved, YouTube will place ads on your videos, and you’ll earn money each time someone watches or clicks on an ad.
Ad revenue is one of the main sources of income for YouTubers, and you can receive your earnings directly into your Nigerian bank account through AdSense once you reach the payment threshold.
2. Create Sponsored Content
Sponsored content is another easy way to make money on YouTube. Brands and companies are always looking for YouTubers to promote their products and services. If you have a growing audience, brands may pay you to create videos that feature their products.
Here’s how sponsored content works:
- Grow your channel: The larger and more engaged your audience, the more attractive you are to brands. Brands want to partner with YouTubers who can promote their products to a wide audience.
- Reach out to brands: You can reach out to brands yourself or join influencer marketing platforms like Webfluential or Ifluenz that connect brands with YouTubers.
- Negotiate your rates: When a brand approaches you for a sponsored video, you can negotiate how much you’ll charge. Rates depend on your audience size, engagement rate, and the type of content the brand wants you to create.
- Get paid: Once you complete the sponsored content, brands will pay you directly into your bank account.
Sponsored content can be a lucrative way to make money, especially if you work with multiple brands.
3. Affiliate Marketing
Affiliate marketing is an easy way to make money on YouTube, even if you’re just starting. With affiliate marketing, you promote products in your videos and earn a commission every time someone buys the product through your unique link.
Here’s how to get started with affiliate marketing:
- Join affiliate programs: Sign up for affiliate programs from companies like Jumia, Konga, or international platforms like Amazon Associates. These programs give you a unique link to promote their products.
- Create content around products: You can create product reviews, unboxing videos, or tutorials that feature the affiliate products.
- Include your affiliate link: In your video description, include your affiliate link so viewers can purchase the product through your link.
- Earn commissions: When someone clicks on your affiliate link and makes a purchase, you earn a commission. Payments are usually made directly to your bank account once you reach the payout threshold.
Affiliate marketing is a great way to make passive income from YouTube, and the more people watch your videos, the more money you can earn.
4. Sell Your Own Products or Merchandise
If you have a brand or a creative side, you can sell your own products or merchandise on YouTube. Whether it’s t-shirts, hats, mugs, or digital products like e-books, YouTube is an excellent platform to promote and sell your items.
Here’s how to make money by selling products on YouTube:
- Create your products: Decide what you want to sell, whether it’s physical merchandise like clothing or digital products like courses or e-books.
- Promote your products in your videos: Mention your products in your YouTube videos and provide a link in the description where viewers can purchase them. You can use platforms like Shopify or Etsy to sell physical products or Gumroad for digital products.
- Get paid directly into your bank account: When viewers buy your products, the payments can be transferred directly into your Nigerian bank account using local payment processors like Paystack or Flutterwave.
Selling your own products allows you to keep all the profits and gives you the freedom to create whatever you want.
5. Crowdfunding with Patreon or Buy Me a Coffee
Crowdfunding is another way to make money from YouTube. Many content creators ask their viewers to support their channel financially through platforms like Patreon or Buy Me a Coffee. These platforms allow fans to make monthly contributions or one-time payments to support your work.
Here’s how to make money through crowdfunding:
- Set up a Patreon or Buy Me a Coffee account: Create an account on one of these crowdfunding platforms and link it to your YouTube channel.
- Offer exclusive content: To encourage viewers to support you, offer exclusive content, early access to videos, or shoutouts in your videos.
- Get paid directly: Once your supporters make payments through Patreon or Buy Me a Coffee, the money can be transferred directly into your Nigerian bank account.
Crowdfunding is a great way to earn a steady income from YouTube, especially if you have a loyal fanbase.
6. YouTube Super Chat and Super Stickers
If you often go live on YouTube, you can make money with Super Chat and Super Stickers. These features allow your viewers to pay to highlight their messages during your live streams.
Here’s how it works:
Enable Super Chat and Super Stickers: In your YouTube Studio, enable these features so that viewers can start paying to interact with you during your live streams.
- Host engaging live streams: The more engaging your live streams, the more likely your viewers are to use Super Chat and Super Stickers.
- Get paid: You earn money whenever a viewer purchases a Super Chat or Super Sticker, and the earnings are transferred to your bank account through AdSense.
Super Chat and Super Stickers are an easy way to make extra money if you regularly interact with your audience during live streams.
7. YouTube Premium Revenue
YouTube Premium is a paid subscription service that allows viewers to watch ad-free content. As a YouTube creator, you can earn a share of the revenue from YouTube Premium subscribers who watch your videos.
Here’s how it works:
- Create high-quality content: YouTube Premium members are more likely to watch long and engaging videos, so focus on creating high-quality content that keeps viewers coming back.
- Earn a share of YouTube Premium revenue: Every time a YouTube Premium subscriber watches your content, you earn a portion of their subscription fee. This is in addition to any ad revenue or other monetization methods you use.
YouTube Premium is an additional source of income that can boost your overall earnings on the platform.
8. License Your Content to Media Outlets
If your videos go viral or have a unique value, media outlets may want to pay to license your content. For example, news channels, websites, or TV shows may want to use your footage in their programs.
Here’s how to make money licensing your content:
- Create valuable content: Focus on creating content that is newsworthy, entertaining, or unique. For example, footage of major events, viral trends, or expert tutorials.
- Join licensing platforms: You can also join platforms like Jukin Media or Storyful that help creators license their content to media companies.
- Get paid for your videos: When a media outlet licenses your content, they pay you for the rights to use your footage. Payments can be made directly into your bank account.
Licensing is a great way to make money from videos that gain a lot of attention.
Conclusion
Making money with YouTube in Nigeria is easier than you think, and there are many ways to earn money beyond just running ads. By joining the YouTube Partner Program, creating sponsored content, doing affiliate marketing, selling products, and engaging with your audience, you can turn your passion for creating videos into a profitable career.
The key to success on YouTube is consistency, creativity, and connecting with your audience. With time and effort, you can start earning money from your YouTube channel and get paid directly into your Nigerian bank account. So, start creating today, and watch your income grow!