How to monetize your audience (even if you don't have anything to...

(🧵 mega-thread)
Build an email list/community.
There's 1 main purpose of this:
> To capture your audience's attention and store it for later use
Let's say you accidentally created a viral video but have no way of monetizing it except YouTube AdSense (which is pennies compared to what you can make with a backend product).
You just lost out on tons of attention because it only lasted until the end of your viral video, and then the viewers went back into the dark abyss of YouTube.
But if you had an email list/community, you could've used 2 seconds in your video to redirect viewers to give you their email or join your community.
That way, you can come up with a product (that makes sense) to sell and launch it via your channel + email list/community.
So even if the video on your channel doesn't go viral, you still have tons of viewers who are invested into you even though the virality had already ended.
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Here's the visualization in mathematical terms:
1. No Email List/Community
• Video Views: 1,000,000
• RPM: $5
• AdSense Earning: $5,000
• Product Price: $0 (nothing to sell)
• Video Conversion Rate: 0% (nothing to sell)
• Product Earning From Video: $0 (nothing to sell)
Next video.. (with a product to sell)
• Video Views: 50,000
• RPM: $5
• AdSense Earning: $250
• Product Price: $50
• Video Conversion Rate: 0.5%
• Product Earning From Video: $250
• Email List Conversion Rate: 0% (no email list)
• Product Earning From Email List: $0 (no email list)
➣ Total Earning: $5,500
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2. With Email List
• Video Views: 1,000,000
• RPM: $5
• AdSense Earning: $5,000
• Product Price: $0 (nothing to sell)
• Video Conversion Rate: 0% (nothing to sell)
• Product Earning From Video: $0 (nothing to sell)
• Email Signups: 5,000 (0.5% of views)
Next video.. (with a product to sell)
• Video Views: 50,000
• RPM: $5
• AdSense Earning: $250
• Product Price: $50
• Video Conversion Rate: 0.5%
• Product Earning From Video: $250
• Email List Conversion Rate: 1%
• Product Earning From Email List: $2,500
➣ Total Earning: $8,000
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Same metrics, but you made $2,500 more just because you had an email list.
If you want to implement this for your own channel, DM me "email list"
The right knowledge can be found here:
advancedyoutube.com