You might have been asking yourself Does YouTube pay Nigeria YouTubers? or How Much Do YouTubers Make in Nigeria?: It’s no longer news that people can make money on YouTube in Africa entirely not to talk of Nigeria only.
People who go to YouTube to watch their favorite channels’ videos, like comedy skits, how-to videos, music videos, do-it-yourself videos, and so on, are sometimes asked to watch ads before and during the videos. The owner of the YouTube channel will get paid for the ads that are shown.
YouTube was started in 2005 and is now one of the most popular video sites on the Internet. Ominicore’s 2018 data on YouTube shows that more than five billion videos are watched every day all over the world. Only Facebook, with 2.27 billion active users each month, has more people than YouTube, which has 1.9 billion.
How much money YouTubers make is affected by how many times a video is watched, how many times an ad is clicked on, how good the ad is, how long the video is, and how many people use Adblockers.
Nigerians and people from all over the world have used this method to make money on YouTube.
YouTube is an interesting way to make money, and if you do it right, it can be a very successful business. In this article, we talked about some basic facts about how much Nigerian YouTubers make, as well as ways to double your income by making videos and selling them on YouTube.
How do people make money on YouTube?
1. Placing ads on YouTube Videos:
Google AdSense, which is a platform from Google, is how YouTube makes money. In fact, you get paid for your videos through Google AdSense, not YouTube. AdSense is responsible for putting ads in your videos.
To make money from your channel, it must have had at least 4,000 hours of watch time and 1,000 subscribers in the year before. This policy went into effect at the start of 2020. It’s another way for YouTube to get people to spend more time watching videos instead of just counting how many times they’re seen, which was its original goal.
2. Adding Sponsor Videos on Your Channel:
If you look at the videos of some of the most popular YouTubers, you’ll see that many of them include ads and sponsorships. At the moment, a lot of businesses pay for YouTube channels in exchange for direct advertising.
To get a sponsor, you may need to send a detailed proposal that describes your skills. Make sure you know both the people you’re trying to reach and the brand you’re trying to sell. The best thing about sponsorships is that you don’t have to pay YouTube anything.
Money from sponsorships is sometimes a lot more than money from YouTube ads. If you want to get a sponsorship deal and become a YouTube influencer, you’ll have to put yourself out there.
3. Selling and promoting affiliate products:
Affiliate marketing means selling things for a commission. Affiliate marketers are paid by hundreds of thousands of companies, big and small, to promote their products.
Affiliate marketing is a common way to make money online while staying at home. Make a lively YouTube channel and use it as the main way to get people to affiliate websites and make sales, instead of relying on static blogs to get people to click on affiliate links.
4. Selling your own personal course or service:
Find out what they want, then give it to them. If you want to keep all of the money you make and have full control over how it comes in? To do this, you must sell your own goods or services.
Consider the following: you make a small online training program that costs $250. If you can get just one out of every 1,000 viewers to buy your $250 video course, you’ll make $250 per view, which is more than 59 times what you’d make from YouTube ads.
You can sell your products on Amazon, Shopify, Jumia, Konga, and other big e-commerce sites. You can sell your goods on these platforms because they give you access to an online store. On any of the platforms, you can talk about or link to your products to get people to your e-commerce site and make some extra money.
People Also Read: Best YouTube Niche to Make Money Online 2023
How much does a YouTuber earn in nigeria?
Most Nigerian YouTubers use the Google AdSense program to make money from their channels. This means that they will only get paid if their audience sees what they have given. They won’t make any money if no one watches their videos.
Most of Nigeria’s most popular YouTubers make millions of Naira each month through YouTube AdSense.
Because the average pay rate for each ad view on YouTube is between $0.01 and $0.03, a YouTuber can make $18 for every 1,000 ad views, which is about $3 to $5 for every 1,000 video views. Estimates show that a popular YouTuber can also make up to $5 for every 1,000 video views.
This amount depends on a lot of things, like the nature of your content, the audience you want to reach, how often you post things, and so on. So, it’s not a good idea to just use CPM estimates to guess how much money you can make on YouTube.
On the other hand, some Nigerian YouTubers make money through affiliate marketing and commercials that are paid for.
A sponsored advertisement is when a company pays a YouTuber to make a video that promotes their products or services.
Depending on the brand and how well-known the YouTuber is, a sponsored ad could pay them anywhere from 500,000 to 5 million Naira.
Affiliate marketing is when a YouTuber recommends a product and tells his or her audience to use his or her coupon code when signing up to use the product.
The more people who use the YouTuber’s discount code, the more money he might make and the more likely it is that the company whose products he is promoting will endorse him.
International events like the pandemic had an effect on YouTube earnings. Most YouTubers saw their earnings drop by about 30% because of these events. Most YouTubers try to spread their risks by making money from their channels in different ways, such as through sponsored promotions, affiliate marketing, channel sponsorships, fan fundraising, and so on.
Important Factors to Make Money on YouTube in Nigeria
1. YouTube is not get rich quick scheme:
Stop thinking that you can make money quickly by putting a few videos on your channel and hoping that one of them goes viral. This is no fun!
YouTubers spend a lot of money on it, so they get a good set of tools. They have to pay for cameras, stands, lighting, backgrounds, and editing time, among other things.
2. Allow Advertising on your channel:
To make money on YouTube, you need to put up ads. 95 percent of YouTubers’ monthly income comes from ads that promote their content online.
You only get paid when a viewer clicks on an ad. You don’t get paid every time someone watches one of your videos (that may or may not even appear).
Even when everything has been said (or written), it still takes some work to put it all together. But when everything comes together, you’ll feel really good about it and have the freedom of a boss.
3. Produce high-quality content:
Successful YouTubers care about their audience and how they can help them, not just how much money they can make.
To make money on YouTube, you need to regularly post high-quality, interesting videos and build up a large following.
Then YouTube will see how many people have subscribed to you and how many times your video has been watched. They will also put your videos at the top of their search results. You’ll only be able to make the big amounts of money you’ve been dreaming about right now.
Does youtube pay directly to your bank account?
Yes, YouTube Pay to Nigeria Bank account from the 22nd to the 25th of every month directly to your bank account you provide through your Google Adsense accounts payment section.
How much does youtube pay you for 1 million views in Nigeria?
There are different niches and each niche makes different money, what a lifestyle channel earns with 1 million views would be different from what Finance Channel earns with 1 million views, and also it depends on where your viewers are coming from to watch your videos, also what you earn this month can be different from what you’d earn next month, might be higher or lower.
How much does youtube pay for 1000 subscribers?
YouTube isn’t paying YouTubers by subscribers and with 1000 subscribers, it can’t be predicted how much you can earn with 1000 subscribers, it all depends on where your viewers coming from and what kind of content you’d produce on your youtube channel.
Does youtube pay monthly?
yes, youtube pays content every month and you must earn nothing less than $100 in other to get paid every month, if you don’t earn $100 in a month, your payment will be rolled over to another month and you will receive the payment together at once.
How youtube pays in Nigeria?
Youtube pays in dollars to your Nigeria bank and you can convert the money from dollars to Naira from your bank or withdraw the dollar and take the raw dollar to aboki for exchange.
who is the highest paid YouTuber in Nigeria?
According to my search, I was able to find 4 highest paid youtube in Nigeria but of course, there might be more than that since some creators prefer not to share what they earn from Youtube, but below listed are 4 people I found:
Conclusion
YouTube is a great way to make some extra money, but it’s not easy. For each video to make a lot of money, thousands of people need to watch it. Know that you’ll need to build people’s trust in your channel by giving them consistently good content that entertains, informs, and pleases them.
You don’t have to rely on ads to make money on YouTube, and the new rules for advertisers don’t have to stop you. The good news is that combining two or more ways to make money on YouTube can help you make more money each month.
Make sure, though, that the quality of your videos is good enough for the people you want to reach. If you have a little more money to spend on gear, buy a friendly digital camera instead of using the camera on your phone.