YouTube ads are not your only option when it comes to earning revenue on YouTube. Below you will find a few extra options at your disposal.
Super Chat allows you to receive donations from your fans in your livestreams. To be able to use this feature, YouTube has the following requirements:
Your channel must be monetized.
Have at least 1,000 subscribers.
You must have at least 18 years old.
You are in a location where this feature is available.
You can learn more about Super Chat here, and for an up-to-date requirements list, always check this link.
This is linked to your branding, which means that the stronger your brand is, the more effective this income stream will potentially be. Build your brand and you can start your own line of products, from small souvenirs like keychains, to clothing articles such as T-shirts, caps, and anything else you can think of. You can create your own website so sell your items or use third-party services. YouTube even has a list of approved merchandise sites that you can check, just click here.
With Channel Memberships you can get a steady stream of revenue from your fans as they join your channel membership program. For this type of revenue stream you should consider what will you offer your fans, in addition to what you already do in your channel. Some examples can be, early access to your content, special discounts on your merchandise, member only posts, and anything else you can think of. That being said, make sure you provide enough value so your fans are happy. To learn more about channel memberships, click here.
For this type of revenue stream you will have to create a very specific plan and do research on your audience so that you know what do they want, where are they and what do you want to do for them in exchange for their support. For this, it's a good idea to reach out to your community have a conversation to feel where you are with the channel and how getting additional support can benefit them. Once you see if there is a need for something, that you are willing to do for them, and they are interested in supporting your goals for your channel, you should be ready to create a clear plan for your crowdfunding page.
You can also check the video below for additional details: