Are you eager to learn some incredible ways to earn as a content creator in India? Well, get ready because I've got some valuable tools and insights to share with you!
Not only will I walk you through various monetization strategies, but I'll also provide you with practical tips and resources to help you maximize your earnings. Whether it's podcasting, YouTube, Instagram, or offline events, I've got your back every step of the way.
1. Podcasts - The Hottest and the Newest way to Monetise
Podcasts are a game-changer for creators like us. If you haven't started your own podcast yet, don't worry! You can easily create one on Spotify or even do video podcasts on YouTube. But here's the interesting part: how do you monetize podcasts?
First up, we have Podcast advertising. I suggest joining a podcasting network like Podbean. They'll help you connect with sponsors, taking the hassle out of pitching to brands yourself. (Note that it may involve paying them a percentage of your commission)
But wait, there's more! Brand partnerships are another exciting opportunity. Collaborating with brands allows you to create sponsored podcast content that seamlessly integrates their products or services. And guess what? Brands like Ajio are already jumping on board. They've partnered with popular podcasters like Ranveer Allahbadia and Janice Sequeira.
2. Monetisation on YouTube
We all know YouTube is a powerhouse for content creators. But what are the ways you can actually make money from it? Here are some strategies:
1. YouTube Monetisation
First things first, you need to meet YouTube's eligibility criteria (1,000 subscribers and 4,000 watch hours in the past 12 months) and apply for the Partner Program. Once approved, you can start earning money through ads displayed on your videos. Recently youtube lowers the eligibility requirements for monetisation. Check out my blog on this for the exciting news.
Creating a sense of exclusivity for your dedicated fans is a great way to engage. By offering channel memberships, you can provide special perks and exclusive content to your loyal supporters who are willing to pay a monthly fee. You can click here to check your eligibility and pricing model.
3. Super Chat and Super Stickers
You can interact with your audience and earn at the same time during Live Sessions. Cool right? Super Chat and Super Stickers allow your viewers to purchase chat messages or stickers, enabling them to stand out and support you financially.
4. Brand Deals
Collaborating with brands is a fantastic way to monetize your YouTube channel. You can create dedicated videos or seamlessly integrate products and services into your content. Here’s my pro tip - Collaborate with brands that align with your channel's niche and values. It’s crucial!!
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Another fantastic way to monetize your YouTube channel is by creating your own merchandise. Just take a look at YouTuber Shreya Jain (@shreyajain26). She's got her own merch line called SJ Merch. From candles to notebooks to coffee mugs, It's a great way to connect with your audience and offer them tangible items they can cherish.
Here’s a merch store you can use to create your very own merch line - Merch Shelf India.
3. Brand Collaborations on Instagram
Instagram is a hotspot for influencer marketing. You can collaborate with brands through Stories, Reels, or even static posts (though those are a bit rare).
But here's a secret: don't limit yourself to big brands alone. Reach out to local businesses and small brands that align with your values. Usually, they provide you with a dedicated discount code for your followers. When they use it to make a purchase, you can earn a percentage of the sales. It's a win-win situation!
4. Affiliate Programs for Content Creators
Here's an exciting way to earn some extra bucks through your Instagram or YouTube: affiliate programs. Let me break it down for you:
You can sign up for awesome affiliate programs like the Flipkart Affiliate Program or the Amazon Influencer Program. Once you're in, you'll get unique affiliate links that you can share with your followers. And here's the best part—every time someone makes a purchase through your link, you earn a commission. How cool is that?
Now, keep in mind that when you apply, platforms like Amazon take into account factors like your follower count and engagement metrics. But don't worry, It's all about the value you bring to your audience.
5. Growing popularity of Offline Events like Under 25 Summit
Let's talk about some incredible opportunities beyond the online world—offline events! They're like the cherry on top when it comes to monetizing your influence.
Imagine the thrill of participating in-store inaugurations, making guest appearances, conducting workshops, and engaging in speaking engagements. These offline events are incredible opportunities to connect with your audience face-to-face and leave a lasting impact. And you know what's even better? You don’t have to navigate through this alone. You can partner with awesome agencies, like ours, that specialize in collaborating with influencers for such events. We've got your back!
Youth events like the Under 25 Summit, Zomaland, etc. are an absolute blast! Influencers like Niharika NM and Aishwarya Mohanraj were invited as guests. Who knows? You will be the next.
If all the monetization strategies seem overwhelming, I totally understand. That’s exactly why we, Flutch manage a talent management program that takes care of everything for you, relieving you of the stress. Sign up here.
By the way, I'll be regularly be sharing insightful blogs about the latest happenings in the content creation world, like the new eligibility criteria for YouTube Partnership Program. Check out the blog and share your thoughts in the comments below.