JesusGreen
Posting Mad!
So as you probably know, many big advertisers have backed out of YouTube. This unfortunately means our ad revenue per 1000 views will decrease yet again. Whether you've seen a dip already, or haven't yet, the chances are you will some time soon.
Now not everyone is really affected as much by this - but some people, like myself, are. I'm living in a country where the dollar goes around 3x further, and where my monthly expenditure on food/bills/etc is actually very very low in comparison to other countries. So as a result, since a few months ago I've been able to pay my way primarily via the ad revenue I earned from YouTube. Since I have very little in the way of marketing/sales talent, I've simply elected to focus my efforts on trying to rank videos in search to gradually increase my monthly revenue that way.
Now though, things are looking a little difference, and that ad revenue is being threatened. So I'm changing up my strategy - and if you're someone for whom ad revenue makes up a big part of your monthly income, you should too.
My plans:
Now not everyone is really affected as much by this - but some people, like myself, are. I'm living in a country where the dollar goes around 3x further, and where my monthly expenditure on food/bills/etc is actually very very low in comparison to other countries. So as a result, since a few months ago I've been able to pay my way primarily via the ad revenue I earned from YouTube. Since I have very little in the way of marketing/sales talent, I've simply elected to focus my efforts on trying to rank videos in search to gradually increase my monthly revenue that way.
Now though, things are looking a little difference, and that ad revenue is being threatened. So I'm changing up my strategy - and if you're someone for whom ad revenue makes up a big part of your monthly income, you should too.
My plans:
- Set up an Amazon Merch store for the channel. I actually just got approved on Amazon Merch finally several months after applying, around about the time this whole drama with advertisers leaving started. If that ain't a sign I don't know what is!
- Work on more products (e-books, courses, etc). My last product release was almost a year ago now, and I've kind of focused more on simply increasing traffic since then - but that's something that needs to change.
- Spend more time pushing my Patreon page & products. I only have one backer currently, and so I'm going to try and talk about and mention my Patreon at the end of most/all of my videos now when I'm signing out and asking people to consider subscribing. I'll also try to do the same with products, except with more strategical placement (i.e. mentioning when a product is relevant to a subject in a video for example).
- Work on building my email list. While I have a decent amount of subscribers now (15.9k) my email list following is very small since I only set it up recently. I have around 80-90 email list subscribers currently. I've proven in the past that I can generate sales with well worded emails, so IMO this needs to be one of my priorities. This also has the added advantage of giving me contact with my viewers outside YouTube. In the event that YouTube were ever to go south, this gives me a backup option for reaching my audience.
- Spend a large amount of my free time reading and watching marketing/sales content. I suck when it comes to pushing products, but it's about time that changed. I need to learn how to market my content effectively, so now's the time to start learning.