And I'm not going to go into too much detail on how the commissions are sorted out, but you will get a certain percentage of the advertisements that show up on your video so if somebody watches your video and they see a pre-roll advertisement that shows before your video or they click on an advertisement next to your video you will get a small percentage of the fees that the advertiser pays to Google for those advertisements. That is the oldest and simplest and most popular way to start making money on your YouTube videos. The second way is through donations, and this is done through YouTube's new tip jar. So there's a button that you can enable on your YouTube account that allows your viewers or subscribers to donate money to your channel, and there's also a site called Patreon.com that does this. But it's based on a monthly subscription fee so if you want to donate anywhere from one dollar to hundreds of dollars to a certain YouTuber you can do that through Patreon, and it automatically comes out of your account every month.
So those are the two most popular ways to get donations from your viewers on your YouTube channel. Third is through affiliates, and the most popular affiliate program probably is Amazon. So anybody can sign up for a free Amazon Associates account, and if you're approved then you can start sharing any product on Amazon with your special link and anybody who buys that product or anything on Amazon using your link you will get a small commission from Amazon for referring that customer. So let's say you bought a watch on Amazon and you want to do a YouTube video about it and you do a review about that watch and upload it to YouTube and you say "Hey here's a review of the watch and my Amazon referral link to this product is in the description below if you want to check it out." And if somebody clicks on that link and purchases the watch or anything on Amazon in the next 24 hours you will get a commission on whatever they buy on Amazon.
And sharing affiliate links is just a great way to recommend products and services that you use and that you like and enjoy with your audience and if they end up buying it or purchasing any of those items that you share with them through your referral link you get a little bit of a commission. So it's a little a payback so it really is a win-win situation. The viewer wins by getting a good product and you win by referring to that good product to your viewers. Fourth is through sponsorships. Now the most popular way to get sponsorships for your YouTube videos is a site called FameBit and I will leave my referral link in the description below to FameBit so you can go and sign up for an account if you want to start getting sponsorships for your videos. It does require you to have at least 1,000 YouTube subscribers at this time so if you do have a thousand subscribers it's just the easiest and fastest way to get linked up with companies who want to sponsor videos.
They'll pay you to throw in a little small short sponsorship for a video or do a review. You're probably used to seeing a lot of sponsored videos lately. They're getting more and more popular and it's a great way to add some income for your YouTube videos. The fifth way is through sales so it's you selling your own product or service and using YouTube videos as your content platform and traffic to that sales source.
So for example I do videos for YouTubers who want to create a successful YouTube channel and when I do these free videos I can also mention and link to my own website where I sell my own online course for YouTube success. So the people who watch my free videos can also benefit from my paid course and if they buy my course then hey I just used YouTube to make a sale. So to put it simply you're basically linking probably to your own website or a site like eBay or Etsy or any place that sells some type of merchandise. Maybe you're selling a live event. I know a lot of people are starting to do live events and charging tickets to those live events and also I know a lot of fitness YouTubers sell merchandise.
That is a huge thing in their industry. So really you can sell almost anything to your YouTube audience as long as it fits their needs and desires. Now the sixth and probably most interesting way to make money on YouTube is through opportunities. Now for this I like to use Rory Kramer as an example. I mentioned him previously in a video. He's one of my favorite YouTubers. And the way he's made money off of YouTube is he created opportunities for himself just by uploading the type and style of videos that he wants to make. He has a passion for making these certain types of videos and he loves it. He loves doing it and he did it for years without really any type of income strategy.
He just did videos that he loved to make and uploaded and shared them with the world. And once he started doing that he did it consistently he actually got noticed by some popular DJs and then actually got an opportunity to film a music video for Justin Bieber and now he's Justin Bieber's video guy. So he's basically created these opportunities for himself just by uploading consistently on YouTube and doing the videos that he loves and the content that he wants to create. So that's what I mean by opportunities.
When you start doing YouTube videos about things that you love, about a passion that you have you can't really start a YouTube channel just focused on making money. It won't work out. You have to start making videos based on content that you want to create and you have to love the process of doing it. You have to love the process of video creation and love the topic that you're doing because if you don't, if your only goal is to make money it's not going to work and it's going to fail. You need to be creating and sharing the videos that you want to create and stay true to yourself. Don't think about the money because once you focus on something that you love doing and sharing the videos about that particular subject or topic even if you make zero dollars from the previous five things that we mentioned in this video the opportunities that come your way down the road are worth it alone without any of the other type of income.
Even if you don't make any money off of ads or affiliate sales or your own sales just the opportunities alone if you do this consistently and upload videos consistently and love what you do you will see opportunities down the road. I promise you that, and the best thing about it is that its opportunities that you don't even know exist. You don't even think about them and you don't even think about them as being possibilities until they come along and present themselves. So that's how to make money on YouTube. Let's quickly go over the top 6 ways again. Again it's advertisements. We have donations. We have affiliates. We have sponsorships. We have sales, and we have opportunities. So there you go.
