Have you ever considered turning to YouTube in order to make a little extra income? This is not an easy option where you will become an overnight sensation, but with a little effort you can turn your YouTube channel into a healthy source of additional income by not only monetizing your account with adverts, but also by offering consulting, product sales and sponsorship deals. If you are not sure of where to start, then take a look at this infographic from YouTube Downloader which explains how to make money on YouTube.
The first step in earning money via YouTube is of course to monetize your account. In order to do this you must go to the settings area of your account and enable that option. You will then be able to select the types of advertising that you will allow on your videos. You should be aware that your videos will be placed under review for a short period of time to evaluate your content and after this time ads will be added to them.
However, advertising is not the only source of income that you can generate from your YouTube account. Some of the other options outlined by the infographic below include product sales following review and demonstration videos, consulting services and sponsorship deals.