Many people on this planet are still doubtful about the possibility of earning money on the internet. Actually, there are a multitude of success stories of people who have made their money through the internet. Making a name for yourself on YouTube is only one of many ways to become an Internet sensation, and perhaps even an Internet millionaire if you are lucky. So let’s find out how much money is 1 million views on Youtube.
The achievement of 1 million YouTube views, which is frequently considered to be a fantastic indicator of a successful creator, can be really beneficial if you are attempting to make a career on the platform. It is commonly used as a benchmark for the length of time that a channel can be considered substantially viable. However, rather than implying that a YouTuber has achieved financial success, reaching 1 million views is more likely to indicate that they may anticipate beginning to earn actual money.
When you get 1 million views on any of your YouTube videos, you’ll receive a substantial payment. Prior you considering abandoning your full-time job and relying only on YouTube as your primary source of income, you’ll most likely need to reach 1 million views on at least a couple of other videos on YouTube.
In this article, we will discuss what it means to have one million views on your YouTube channel. We will dive more into how YouTube revenue is determined and how much you can anticipate to make from a video that receives 1 million views in the future.
How Much Money You’re Likely to Earn When You’re Starting out
Your first YouTube video is unlikely to earn you anything. You are a newbie, not an influencer. But everyone has to start somewhere. Even PewDiePie was unknown when he started in 2010. He is now so renowned that people interview early PewDiePie subscribers about their feelings of fame. He started out making niche videos in Swedish.
In theory, you can sign up for an Adsense account and start monetizing your YouTube channel as soon as you create it. In reality, you won’t generate any money until you get genuine traffic to your site from individuals who want to watch your videos.
While some ads are CPM (cost per thousand views), many are CPC (cost per click). To earn money from a CPC ad, a viewer must click it. In truth, few viewers will click on the adverts around your content. A viewer must watch them for 30 seconds or more to be paid (or half the ad for a very short video). Consider how many viewers skip the first ad in a video, denying the channel any possibility of payment.
If enough people click on or watch your commercials to generate money, you split the earnings with YouTube. Your AdSense account must reach $100 before you can be paid. Affiliate marketing is one way to make money with a limited number of subscribers. For example, if you review a popular product and link to an affiliate sales page, you could start earning money. Of course, certain niches are easier to make money than others, so choosing a topic that people are interested in will help. The most popular niche is gaming.
How Revenue is Calculated
In order to understand how revenue is determined on the YouTube marketplace, a YouTube user must first grasp what the partnership program comprises. In essence, a YouTube partner has the opportunity to monetize their videos and offer advertisements alongside their content. You must be willing to commit to uploading ad-friendly (non-controversial) content that is fully original and of excellent quality, as well as adhering to all of the community guidelines and YouTube’s Terms of Service in order to be accepted into this program.
As of February 2018, in order to be eligible for ad revenue, a YouTube channel must have the following features:
- You will require 1,000 subscribers in order to be successful
- You must have accrued 4,000 hours of watch time over the previous 12 months
The amount of AdSense revenue that you receive through YouTube will vary depending on a variety of things, including the precise advertisements that are running and the sort of video that you produce.
Understanding CPM and CPCs
CPM stands for “cost per mille” or “cost per thousand. Your cost per thousand ad impressions (CPM) is the amount you earn for each 1000 ad impressions (1000 viewers clicking on an ad or watching a skippable ad). The cost per thousand views (CPM) on YouTube might vary depending on the advertising bid that the company has submitted to Google. Bids as little as 0.33 cents per thousand views are common, with some marketers spending as much as $10 for every 1000 views on the same page.
The demographics of your users, the content you frequently post, the length of time that viewers spend watching the videos you post, and the gender of your viewers are all factors that influence your CPM. To give an example, gaming is the most popular genre on YouTube, and there are numerous gaming-related advertisements to be found, but the majority of them are extremely low-paying. Higher-paying advertisements are only shown to YouTube gamers that have large subscriber bases.
CPC stands for “cost per click. The term “ad impression” in a CPC ad refers to the act of clicking on an advertisement rather than the act of merely viewing it. Most YouTube advertisements are CPC (cost per click), while skippable video advertisements are CPV (cost per view), and impressions are dependent on the number of times users watch the advertisement rather than skipping it.
Success Begins at 1,000,000
The owners of a YouTube channel can relax after the channel has millions of subscribers. These channels are gaining popularity and recognition in their niche.
Even with 1,000,000 subscribers, these channels aren’t in the top tier. The 1,000,000+ club now has nearly 2,000 channels. Some of these are official channels for offline superstars, like Justin Bieber and Rihanna, while many are just regular people who have built up a YouTube following themselves. With this level of followers, you can make decent amount of money.
Google gives publishers 68 percent of their AdSense earnings, or $68 for every $100. Advertisers pay between $0.10 and $0.30 per view, with an average of $0.18. Around 15% of viewers watch the required 30 seconds of a video ad to be paid. That implies for every 1,000 views, 150 individuals will see an ad. Google will bill the advertiser $27 for each view, keeping 32% ($9) themselves.
YouTube will get $18 every 1,000 views. Obviously, a channel must provide fresh videos at least once a week. If a channel could get its whole 1,000,000 fan base to watch two new videos every week, it would earn $36,000 per week from AdSense alone.
By this point, a channel is likely to have sponsorship, endorsement, and product placement options. Any review-type channel of this scale can typically generate considerable money with affiliate marketing, even if simply linked to Amazon, given their comparatively low 1-10% advertising payment rates to affiliates.
Changes on YouTube and How You Can Earn More
The option to skip commercials and lower click rates on YouTube ads have both impacted revenue calculation. Ad blockers are used by many viewers, removing them as possible money sources. Ultimately, making ad money requires targeting specific groups and maintaining video viewership.
It matters where your viewers are coming from and who they are (this makes a lot of sense when you think about it. People who have more spare income to spend on the products offered to them are more valuable to advertisers). Working with sponsors to conduct product placements or sponsored films might be a terrific way to make more than AdSense. Just make sure the businesses you work with are relevant to your audience and that the advertising doesn’t upset them.
You must also pay attention to the information of each video. Incorporate the right keywords into your titles. YouTube may not match your video with the right advertising if you don’t provide keyword information. The wrong keywords won’t get your content in front of the right people, and the wrong advertising won’t get clicked. Compiling this data for each video takes time, but it is worth the effort if you want to be paid by YouTube.
So there you have it, we answered the question how much money is 1 million views on YouTube. Yes, making money on YouTube is quite difficult. Yes, you must be consistent in your efforts, not only in creating your videos, but also in advertising them and establishing a relationship with your target audience. Many YouTubers, however, have demonstrated that it is possible to be successful on the platform. You can be both rich and a big influencer in the lives of your fans at the same time.
All that is required is that you make it through the lean early years and the challenging middle years. Those that make it through to the other side might expect to do extremely well.