You will be surprised at just how many high paying side hustle opportunities and work from home jobs you can start NOW on YouTube and make money online in 2020.
And for some of these opportunities you don’t even have to be YouTuber to start these profitable online jobs!
This is a compilation of 5 new YouTube side hustle jobs that basically anyone can start today and that are highly paying online jobs as well.
So, without much further ado:
What's Covered in This Article
Become a YouTube content repurposer
The first high paying side hustle opportunity and work from home job you can start NOW on YouTube and make money online in 2020 is becoming a YouTube content repurposer.
Many content creators struggle with production of a steady pipeline of high quality content online to meet their audiences’ demand either for lack of skills or time to hire, train and/or manage a content team, or both.
But all of the work that comes after they’ve produced their YouTube video is an entire industry in itself.
This is where you step in as a YouTube content repurposer.
As a YouTube content repurposer, you make money online on YouTube by helping YouTube content creators to transform their YouTube videos into other content assets such as social media teaser videos, blog posts, adding captions, podcast episodes, cool infographics, LinkedIn SlideShare presentations, newsletters, eBooks, etc.
To get started, transform any one of your target YouTube creator’s already existing video into an Instagram story for instance; then share with her or him to showcase your expertise and then pick up the business conversation from there.
Become a YouTube channel manager
The second high paying side hustle opportunity and work from home job you can start NOW on YouTube and make money online is becoming a YouTube channel manager.
As a YouTube channel manager, you will be responsible for the day-to-day operation and overall channel strategy for your clients’ channels on YouTube.
This encompasses the content strategy, scheduling and delivery; and implementation of the agreed strategy to grow the YouTube network and use it to support your clients’ wider business objectives – such as growing subscribers, viewership growth, video optimization, etc.
Monetize a YouTube channel with affiliate marketingÂ
Affiliate marketing is my favorite form of YouTube channel monetization because once YouTube algorithms start ranking your videos, you can make money while you sleep.
Affiliate marketing is also a very low-cost way to earn money on YouTube by convincing your audience to invest in the affiliate product you’re promoting and then you make a commission on every sale.
Once you apply and are approved onto the affiliate programs of your choice, you simply embed your unique affiliate links to the description page of your YouTube videos.
When your video audience click that specific link and makes a purchase – typically within a 30, 60, or 90 days cookie window – the sale is credited to you and you get a commission.
And don’t even have to worry about issues such as customer service, shipping, delivery, etc. as the product owners take care of all these other after-sale aspects.
To make a lot of money from YouTube apart from Google Adsense, you need affiliate income.
To earn affiliate income from your YouTube videos, the videos need to rank on YouTube search to generate traffic and views for your videos.
To get YouTube traffic, your videos need to rank for keywords that drive the most affiliate revenue. These keywords are those that incorporate the word “best” in them.
These videos are searched for by people who want to watch a video with in-depth content on the “best” something before buying it.
Thus, the first step to making money on YouTube with affiliate marketing is to promote only those products and/or services that your audience is willing to spend money on to solve a pain point for them or feed an interest.
Thus, it is imperative that you understand your YouTube channel audience’s challenges so deeply to an extent that your videos can offer the exactly in-depth content they’re looking for.
The second (and equally important) step is to understand that for you to make money with affiliate marketing on YouTube, your audience must be willing to spend money on the affiliate products you’re promoting to solve their pain points.
Therefore, the main goal of your YouTube channel should be on drive more traffic that converts into sales rather than on vanity metrics such as tens of thousands of passive, low-value subscribers who may not even be watching your videos. You achieve this by targeting buyer intent keywords in your videos.
To earn even higher commissions on affiliate income on YouTube, promote higher commission affiliate programs as well as affiliate programs that earn you recurring commissions from a single sale.
Make money from YouTube partner program
The forth high paying side hustle opportunity and work from home job you can start NOW on YouTube and make money online is joining the YouTube Partner Program and earning money from Google ads.
But before you pursue monetization on YouTube via Google Adsense, you will need to have an engaged audience (at least 1,000 subscribers and 4,000 cumulative watch time in the past 365 days).
One thing that highly controls how much money you make from the YouTube partner program is your videos’ and channel CPM i.e. that is how much Google pays you per 1,000 views on your videos.
The higher your CPM, the more money YouTube will pay you for posting advertisements on your videos.
Some subtle ways to increase your CPM rates to rake in high CPM on YouTube and generate revenue on YouTube include:
- Be very specific in your niche and audience – very easy to understand who your audience is because you are a lot more targeted so advertisers more confident that they will get more clicks and conversion in their products. When a channel targets viewers from disparate backgrounds and an unspecific audience niche, and covers topics from random niches, advertisers have a very hard time promoting products on such channels since they don’t know who exactly their advertisements will go in front of and who will see their advertisements.
- Create high quality videos content geared towards niches with inherently high CPMs e.g. B2B targeted YouTube channels, personal finance YouTube channels, investment YouTube channels, etc.
- Make longer videos – 10+ minute long videos likely to have a pre-roll before video begins and also allows you to embed 3 ads on your videos
- Target audiences in Western developed countries (e.g. United States as they attract advertisers willing to spend more on advertising) by: creating videos in English language, post videos when these audiences are awake, etc.
- Avoid video sexual content, violent content, content with swearing words, etc.
Make money as a YouTube ads designerÂ
The next high paying side hustle opportunity and work from home job you can start NOW on YouTube and make money online is becoming a YouTube video ads designer.
In an era where organic reach on YouTube is ever so elusive, businesses and individuals are running paid ads on YouTube and other platforms to capture the attention of potential customers.
Less straightforward for them, however, is how to go about producing these ads.
This is where you come in with your YouTube ads creator services.
You make money on YouTube as a YouTube ads designer by pricing per project to create for your clients YouTube ads such as videos, motion graphics, 3D animation, etc., optimized for placements on YouTube.
Become a YouTube brand and sponsorship manager
As YouTube influencers grow and their channels get bigger, they start to get business inquiries from brands wanting to partner with them and it can get overwhelming.
And this is where you step in as a YouTube brand and sponsorship manager.
YYou will make money as a YouTube brand and sponsorship manager by supporting these busy creators by responding to the partnership inquiries, and managing any ensuing relationships.
Payment is typically pegged on a commission basis.
Use your YouTube skills to get a job
One of the benefits of having a YouTube channel is that it can open so many other doors for you including getting a job using the skills you’ve acquired by being a YouTuber.
For instance if an organization is recruiting and one of the job requirements is extensive experience with community-driven online video portals you can include your experience running your YouTube channel to put you ahead of the pack.
Your Turn
Might you want to try your hand at one of these aforementioned high paying side hustle opportunities and work from home jobs you can start NOW on YouTube and make money online in 2020?
Let us know in the comments below.