If I Wanted to Get Monetized in 2024, I’d Do This
Education
Introduction
Are you a new creator looking to monetize your YouTube channel in a shorter time frame? Meet Jen, a 58-year-old creator who began her journey on YouTube just last year. In an astonishing feat, she managed to monetize her channel in just 10 weeks and even earned $ 2,800 in her first month of monetization. How did this ordinary creator succeed where many have struggled? Today, I will break down Jen's exact strategy into seven actionable steps and share valuable tips so you too can fast-track your route to monetization.
Step 1: Commitment
To be successful on YouTube, consistency is key. Jen committed to creating two videos each week: one focused on her analytics and the other showcasing her main content. The initial enthusiasm and passion can help you, but it’s vital to stick with it even when motivation wanes. Whether it’s one or two videos a week, increasing your content output heightens your chances of gaining views and subscribers. The more videos you create, the more opportunity you have to hit the target and attract viewers to your content.
Step 2: Choose Your Niche
Jen emphasizes the importance of selecting a niche. You should focus on areas where you have ample knowledge and genuine interest. Passion is crucial as the subject may occupy your content for years to come. Before diving into a niche, assess the potential audience size and competition. Using tools like vidIQ can help you analyze keywords and find niches with high demand and low competition. These insights can guide your channel's direction.
Step 3: Learn from Others
Watching other content creators is paramount. Researching top channels in your niche will help you identify trends, styles, and what resonates with audiences. Dedicate time each week to absorb various forms of content to enhance your own video-making skills. Learning from others’ successes and failures can save you time and lead to better practices in your own content.
Step 4: Set Realistic Expectations
Expectations should be clear: your first few videos may not perform well. Brad from vidIQ mentions that the initial 10 to 20 videos might "suck." Understand that low views at the beginning are normal and don't discourage you from pursuing monetization. Adopt a constructive mindset; analyze what didn’t work, and apply those lessons to your next video.
Step 5: Consistent Self-Improvement
After posting a video, set aside a study session to analyze its performance. Review audience retention graphs to understand where viewers lost interest, and consistently look for ways to improve. This proactive approach fosters growth and refining your video quality over time.
Step 6: Invest in Learning, Not Equipment
Focus on developing your skills before investing in high-end gear. Many successful creators, including Jen, began with basic setups. All you need is a decent camera (most smartphones suffice), a tripod, and a good microphone. Mastering the art of video creation and storytelling supersedes the necessity of expensive equipment.
Step 7: Leverage Your Successful Videos
Jen's breakthrough came from recognizing and capitalizing on her "mini-viral" moment. When a video performs significantly better than usual, create similar content to maintain that momentum. After she experienced an initial growth phase, she gained 1700 subscribers and 3100 watch hours just from one video. If you haven’t found your sweet spot yet, assess your content strategically and make improvements based on engagement metrics.
By incorporating these seven steps into your YouTube strategy, you can set yourself on a path to monetization in 2024. Stay dedicated, remain adaptable, and immerse yourself in continuous learning.
Keywords
- Monetization
- Commitment
- Niche
- Consistency
- Video Creation
- Audience Engagement
- Content Strategy
- Self-Improvement
FAQ
Q1: How quickly can I expect to monetize my YouTube channel?
A1: While Jen monetized her channel in 10 weeks, the timeline can vary widely among creators. Consistency and quality of content are critical factors in achieving monetization sooner.
Q2: What niche should I choose for my YouTube channel?
A2: Select a niche you are knowledgeable and passionate about. Assess audience size and competition using tools like vidIQ to find the right balance for your content.
Q3: How can I improve my videos?
A3: Watch other creators for inspiration, analyze your video performance through metrics like audience retention, and seek ways to enhance storytelling, visuals, and sound in each subsequent video.
Q4: Do I need expensive equipment to start?
A4: No, you can start with basic equipment such as a smartphone, tripod, and microphone. Focus on your content quality and mastering video skills first.
Q5: How do I deal with low views on initial videos?
A5: Low views are common in the beginning. Instead of getting discouraged, assess what can be improved for future videos and remain committed to your content journey.