6 Ways You Can Make Money with Your Webcam.
So you have a webcam that you bought a while ago for recording YouTube cat
videos but that never really took off and now you don't know what to do.
Making money with a webcam can be difficult - unless you take the one route
that everyone already knows about, if you catch my drift - and it will
require some real effort out of you but it's definitely possible.
note that making money online is not the same as making a killing. There's
an important difference therein that you need to internalize before moving
forward - do not expect to be the next rags-to-riches story. The margin for
victory is only slightly better than you winning the lottery. Instead,
approach "making money with your webcam" as a source of bonus income
for funding your personal hobbies.
Now that we've got that out of the way, here are some ideas for you to
consider. Dust off the old webcam, wash your face, and get ready to turn
that bad boy on.
#1 Tutorial Videos
For those of you who are experts in a field, creating tutorial and
"how-to" videos can be a great way to build up an audience. Don't think of
these as lecture videos, although if you want to make 30-minute lectures on
the topic of economic theory,
you can earn money that way too. Millions of people search for
educational resources every day - why not capture a part of that audience?
For example, YouTube user
a series on learning card tricks. Another user,
origamifun, has a video
series for learning different types of origami. The best subject matter for
these types of videos is a field that's visual in nature - like pottery,
fashion, instruments, etc. - so viewers don't get bored. If you want to talk
at them, you'll need to have a captivating voice or personality.
So how do you make money? You can always
upload to YouTube and hope to achieve a large enough following to make money
off of the YouTube Partner Program.
If you're feeling entrepreneurial, you could
set up a website and sell your videos yourself. Or combine the two ideas:
set up a website with ads and keep the videos free.
#2 Review Videos
If you have access to a steady source of new products, you could try setting
up a gallery of product reviews. Video reviews are great for prospective buyers
because they can see much more compared to reading reviews or seeing static
images. These reviews can be serious, humorous, or some blend of the two.
Before you go ahead with this idea, keep a few points in mind. Know
what you're talking about - no one is going to take your
DSLR reviews seriously if you don't know what the different components do.
Be thorough - missing critical aspects of a product can destroy your credibility
and enrage viewers. Be engaging - there's nothing worse than a boring reviewer.
So how do you make money? If you gather a large enough
audience, the YouTube Partner program is always a choice. Setting up review
website (start with our
Hosting Services page) that supplements your videos with text reviews can
turn into a hit, but make sure you avoid saturated markets (e.g., most
electronics). Reviews are a wonderful platform for jumpstarting an
affiliate marketing campaign, too.
#3 Personality Videos
Since we've been talking about the YouTube Partner Program, we should
consider one of the most popular video types that you'll see on YouTube: the
personality video. These are video series that revolve around the personality
rather than the content. Good examples are
For these videos, you can: give advice (JennaMarbles), provide running
commentary (RayWilliamJohnson), do comedy (nigahiga), news for a community, or
any number of other ideas. Content is important here, but personality is just as
important - your audience will be coming back time and time again to hear what
So how do you make money? By this point, the YouTube Partner
Program should be a no-brainer. However, there are alternative site programs
that will pay you for successful videos: Dailymotion (Motionmaker), Vimeo (Tip
Jar), and Blip.TV (Partner). Once you've built up a large community, you can
create a website and make more money with ad revenue and merchandise sales.
#4 Live Online
Live tutoring is similar in concept to making tutorial videos, except instead
of recording a video and uploading it to YouTube, you connect directly to one or
more tutees and teach them in real-time. There are sites that facilitate all of
this for you using their in-house software (typically a web-based platform) like
WebCamTutors. But you can also try
finding your own tutees using Craigslist or something similar.
In order to do well with tutoring, you need to be intelligent, articulate,
and knowledgeable on whichever subjects you teach. Basically, if you'd make a
good offline tutor and you have a decent webcam and microphone, online tutoring
could be worth it. If you're doing this on your own, a program like
Skype or an alternative could be helpful.
So how do you make money? If you're employed by an online
tutoring service, they'll typically pay hourly. If you run it as a private
venture, you can set your own rates.
#5 Live Stream Games
If you have a propensity towards video games, you could stream yourself
playing those games. You can create a website for it like Crazy-Tv.com. There are
free screen streaming programs and many of them include webcam
picture-in-picture functionality, which is useful for connecting with your
audience and dialoguing with them. If video games aren't your thing and you'd
prefer live D&D or board game sessions, that's a possibility too.
One thing to note is that video streaming can be intensive on your computer,
particularly the CPU. If you don't have a powerful computer, you'll need to
sacrifice frames-per-second or video quality or both, which can result in a
video stream that no one wants to watch.
So how do you make money? If you can build up a sizeable
Twitch.TV has a Partner program where you can earn some ad revenue on your
stream and you can enable a subscription feature for
your fans. In addition, there's always the option of putting up a donation link
and having your fans donate, which can prove quite lucrative for engaging
streamers with large audiences.
Again, don't expect to become rich overnight. Both webcams and Internet
access are cheap, at least in the sense that there's very little barrier to
entry, so supply is high. You may be able to start making upwards of a few
hundred dollars per month with your webcam - and I would call that a success. If
you hit the jackpot and make millions, great! But for practical purposes, I'd
ignore that as a possibility for now. And just go straight to number six.
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