Editor’s note: This is the fourth in a series of posts by guest writer Ashkan Karbasfrooshan.Previously, he wrote about the State of Online Video, 12 Surprising Things Holding Back Online Video Advertising, and Context is King: How Videos Are Found And Consumed Online. In part 4 today, he examines where he thinks the sweet spot is for making money in onljne video. Karbasfrooshan is the founder and CEO of WatchMojo.
25. Products – You can create your own product, such as an ebook or computer software. You would then use your blog as a promotion tool to get people to buy your product. As long as you create a legitimate product with a whole lot of value, you should be able to get some buyers, but like everything else with a blog, you’ll need the traffic to get the sells.
“Gbox has really added a new dimension to my business and allowed me to generate revenue in ways I never thought possible. This book has given me great ideas on pricing, marketing strategies and how to implement Gbox into my business. Thanks to Gbox I have thousands of dollars in my bank I would have otherwise left on the table.” - Scott Morris, Video Marketing Scholars
If I talk about possible earnings, your earnings depend upon a number of factors such as the type of ads appearing next to your videos and their pricing. Another amazing thing is that you can view your channel’s analytics, subscribers, and lots more from your account. Do note and remember to upload videos only if you own their commercial usage rights.
Earnings Disclaimer: While we are here to help you at every step of your blogging journey, we cannot make any guarantees about your success as a blogger or the amount of money you will make from blogging. Any examples in our content, including our sales pages and marketing campaigns, are not to be interpreted as a promise or guarantee of earnings. Your earning potential as a blogger is entirely dependent upon you and your efforts to become successful.
If you are a professional photographer, or have a real flair for photography, then selling your images on other sites could be an idea. This could be done alongside your own photography site, as it is a good way help get your work viewed by a wider audience. There are numerous stock image websites to contribute to, but choosing a popular high-end site like Shutterstock should ensure your photographs make you some money.
It’s great, but sometimes is not just the content of your blog it’s about to look for ways to promote it. I work for a fitness blog for girls in Latin America. During the final quarter of last year, visits decreased even though we created very original, interesting content. Our revenue decreased in addition to website traffic problems. We had to think about new strategies for our content; otherwise, we would have to close the page. We considered paying for ads, mentions, or a celebrity endorsement. But, we realized that these solutions would only temporarily fix a much bigger problem. My company does not have professional experience in digital marketing, so we approach a company that has experience reaching the right people. They designed the strategy according to the needs of our Latin American audience, targeting each country where they are working. Their services were for international SEO. The SEO we did with them has worked and our blog is gaining traffic. The Multilingual SEO Agency I hired is called Dalai Group (http://dalaigroup.com/global-seo-a/). They were serious about our project and I feel comfortable recommending them.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.
Many people fancy themselves as designers. If you have a unique idea for a new product then it may be time to get it designed. This can be a long process involving prototypes, discussions with factories, package design, and much more. However, the profits once the product is on the market could be substantial. And remember, with Amazon FBA, your products can all be stored and shipped by Amazon, giving you time to think up your next invention. Learn more about Amazon FBA with my How To Start An Amazon FBA Business Guide.
I disagree, I believe that he (or she) meant that people that are 55 are generally involved with and enjoy very different things than a 25 year old would. Now I’m not trying to be ageist, but it is true, for example, and this is exaggerating a bit, would a 55 year old look up and watch a makeup tutorial on how to be a sexy cat on halloween, I don’t believe many would. Again, I don’t mean to be ageist, but that is just my opinion.
For anyone who doesn't work in the vast world of online videos, the idea of "YouTube stars" is baffling. What's even more astounding is that so many of those YouTubers can make a living simply from viral videos. An entire career just based on posting funny things on the internet, where so many people do it for free? How does that work? How does someone make producing online videos their full-time job?
The real estate market is all about visual appeal. Imagine a succinct, compilation video that highlights the unique features of a specific property. For example, perhaps there is a complicated alarm system, or a 5-headed shower, or a tricky watering system for the garden. A video entrepreneur can earn income by featuring properties in a way that is exciting, unique, emotional and easy to understand.