By Michael Wong | July 26, 2019.
Do you have young kids? Do they watch YouTube videos?
Have you seen your kids enjoy watching other kids and even adults unboxing and/or playing with toys in YouTube videos?
Did you know some of the people who create those videos make a lot of money each year? I mean a LOT!
Interesting fact: 20 of the top 100 channels on YouTube are focused on toys.
There are two types of popular toy videos:
To give you an idea of just how profitable unboxing and/or playing with toys on YouTube can be, here are three success stories to inspire you.
Some of the numbers sound unbelievable but they are all true. You can see how many subscribers a channel has, and how many views each video has attracted. Those numbers give a good indication of a channel's earnings.
The three success stories above are by no means the top earners on YouTube. I used those examples because they show what is possible just by making simple videos of kids playing with toys.
According to Forbes, the top 10 YouTube earners in 2018 earned over $14.5 million each! The number one earner was "Ryan ToysReview" (http://c1ick.us/ryantoysreview), which earned an estimated $22 million! Ryan was only seven at the time. How crazy is that?
Source: Top 10 highest-paid YouTube stars of 2018, according to Forbes (http://c1ick.us/topyoutubeearners2018).
The YouTube Partner Program monetizes your YouTube videos with Google AdSense ads. The ads are served automatically by YouTube. All you have to do is make great videos that people want to watch.
On January 16, 2018, YouTube announced new eligibility requirements for the YouTube Partner Program. You will be eligible to join the YouTube Partner Program once your channel reaches 4,000 watch hours in the previous 12 months and 1,000 subscribers.
For more information, visit the YouTube Partner Program page (http://c1ick.us/youtubepartnerprogram).
Those three success stories are just a few of the many thousands of success stories on YouTube.
We watch over one billion hours of YouTube videos a day - more than Netflix and Facebook video combined.
In 2015, 18 to 49 year olds spent 4% less time watching TV, while they spent 74% more time on YouTube.
YouTube is still growing so the opportunities are only going to get bigger. All you need is a video camera and some imagination.
Of course, not everyone on YouTube makes millions of dollars. But even if you only make 1% of what the top YouTube superstars make, it would still be a very nice income!
One of the best things about making money on YouTube is that once you make a video, you will continue to make a passive money for months, even years, without any additional work.
I hope these three success stories inspire you to have a go at creating your own YouTube videos. Who knows. You or your child could be the next YouTube Superstar! ;-)
I look forward to reading about your success story.