Currently, YouTube has over 51 million channels. Competing with these numbers constantly to gain visibility, garner attention, and stay on top of its algorithms to generate revenue is a tough game. This is why content creators are opting to create their own membership channel. This blog will discuss YouTube video monetization alternatives to build your business online.
Will YouTube be substituted by another platform?
Several other platforms have replaced YouTube as they have attracted YouTube users to their channels. The young audience has moved from YouTube to OTT platforms and video membership platforms. YouTube levies several restrictions for creators, reduces viewer experience by inserting ads into free content, and creators are forced to use clickbait to retain visibility. This is leading to a fallout in viewership.
Reasons why video monetization is not a priority on YouTube
From being one of the most famous video streaming platforms in the world to losing users, YouTube is witnessing a downfall. These are the main reasons for video monetization not being a priority on this platform which is a downside for content creators.
1. Limited monetization techniques
Ad podding and instream video ads are the only features available. Video header bidding, multiple SSPs, and other advanced features aren’t available.
2. Decreased income
The platform charges 45% of revenue + taxes from its content creators. You can benefit by switching to a YouTube alternative platform that charges 20% of the revenue share.
3. Publisher lacks authority
Content publishers do not have control of the content hosted on it. Its algorithm changes frequently and videos listed as private do not have all security.
4. Not dependable
The revenue generated isn’t clearly specified. Rough estimates are not calculated to give publishers a fair idea of their income.
How do the latest Terms of YouTube affect the Content Creators?
Here’s how the new Terms & Conditions are going to affect the content creators on YouTube.
- Content must reach 10,000 public views to qualify for entry into the YouTube Partner Program. This makes it difficult for small channels and might take a long time to begin revenue generation.
- Facial recognition in a video must be with the individual’s permission. Creators will have to spend more time on this for including a larger audience in their content.
- The revenue share of YouTube publishers will be released after withholding taxes as per U.S. laws. This will further reduce the income.
- It can monetize any video by displaying ads or charging fees to access the video content. This will disrupt the viewer experience and might reduce the views and even result in the fallout of subscribers.
- Payments made under YouTube Channel membership, YouTube Partner Program, and Super Chat are treated as royalties upon which taxes are applied.
What are the alternatives to YouTube?
To steer clear of the harsh T&C levied by YouTube and earn a decent income by displaying their art and talent, creators are considering monetizing video on their own. Here are the 8 best alternatives to YouTube.
1. GUDSHO
Content creators of any industry can create their channel on GUDSHO and build their community. It offers excellent video monetization options and is a preferred choice for OTT creators making it one of the best alternatives.
Features:
- Content Library
- Multi-channel distribution
- Collaboration tools
- Analytics
2. Patreon
You can earn revenue without YouTube using Patreon. Video creators, musicians, podcasters and visual artists can build their communities and get monthly payout through subscriptions.
Features
- Private RSS feed
- Gate content
- Create private community
- Unlimited membership tiers
3. Kickstarter
The company works towards bringing creative projects to life. You can get your project funded on Kickstarter and utilise its tools to market your content.
Features:
- Analytics
- Donor profiles
- Email marketing
- Campaign management
4. Ko-fi
Ko-fi is your self-revenue guide with a branded platform. You can offer a paid membership, sell products, do affiliate marketing, nurture the community, receive donations and set crowdfunding for your project.
Features:
- Coupon code
- Posts
- Private Messaging
- Integration with Google Analytics
5. Memberful
Using Memberful is one of the best ways to make money without YouTube as it supports 11 global languages. You can cater to large audiences to generate revenue.
Features:
- Integrate any third-party app
- Create multiple sub-accounts
- Circulate newsletter
- Offer coupon code
6. SubscribeStar
You can earn revenue without YouTube by using Subscribe Star and be worry-free about your content. The platform has anti-skimming and anti-scraping content protection.
Features
- Anti-scraping protection
- Comprehensive analytics
- API integration
- Webhooks API
7. BuyMeACoffee
It is one of the best ways to make money without YouTube. Anyone on the platform can purchase your products even if they are not members of your channel.
Features
- Multiple platform integrations
- Accept donations
- Analytics
- API integration
8. Twitch
Twitch is the best for self-video monetization tips. Amazon’s Twitch is the most famous live-streaming platform in the world.
Features
- Social media stream
- Multi-platform streaming
- Live chat
- Video archive
Are you ready to get your own membership channel?
To build your business online and fulfill your dreams, move past YouTube and create your own membership channel. Establish your presence as a leader in your space, gain the trust of your audience and nurture your own community on your channel. You can create multiple streams of income on your membership channel. When it comes to knowing tips to earn money without YouTube, the GUDSHO video monetization platform for OTT distribution and video content delivery is the best.
You can create your own channel by following these easy steps:
1. Build your own channel
Using GUDSHO, you can set up your own membership channel within five minutes.
2. Publish your videos
Use the drag-and-drop feature to upload and publish videos of any format.
3. Choose your monetization technique
You can utilise monthly/annual subscriptions, one-time access, lifetime access or pay-per-view based on your content and business goals. With GUDSHO, you will receive 100% of your revenue earned.
4. Market your content
Use in-built marketing tools for marketing your content. Make your content search engine friendly, create sitemaps, collect feedback, and integrate social platforms. Use advanced analytics to further enhance your content and track performance.
5. Monetize your membership channel
Cater to an audience of more than 40 countries as international currencies are accepted on GUDSHO. All transactions are secure and do not require third-party payment processors.
Wrapping up
Considering the fact that it is going to be very difficult for content creators to generate consistent revenue from YouTube, it is wise to opt for an alternative method. Utilise the video membership platform to create your own membership channel to build your brand, sell digital products, nurture your followers and drive a consistent source of passive income.
