YouTube and Affiliate Marketing: How to Start a Successful Forex YouTube Channel
By Eaglefx On May 31, 2021 in Affiliate Learning Centre
If you’re looking to flex your creativity muscle and focus on creating video content to promote your project, increase your online following, or drive more traffic to your EagleFX Affiliate link, YouTube is the ultimate platform to showcase your work!
Video content and YouTube have become synonymous with each other ever since the platform launched in 2005. While other video-focused platforms have emerged during recent years, none have become as powerful as the original platform that put video first, revolutionising the way humans interact with video. Indeed, the continuous growth of YouTube has proven that the platform is here to stay, always evolving and adapting as technology and society grow. YouTube remains ahead of the curve when it comes to video content platforms. Why? YouTube prioritises the watcher: Users create content designed for users!
From vlogs to educational videos, to reviews and much more, there truly is no limit to what type of videos YouTubers can produce. The video platform has created an opportunity for ordinary individuals to broadcast their message, whatever that may be!
Is YouTube a Good Channel for Affiliate Marketing?
Video is personal, convincing and creative, which makes it a perfect channel for affiliate marketers. And although nobody is born knowing how to create videos, this is a skill that can be both fun and rewarding to learn!
If you need more convincing, let the numbers speak for themselves:
With such a vast number of users and creators out there, you can choose to promote any product or service to any audience. It’s a match made in affiliate marketing heaven!
How Does YouTube Affiliate Marketing Work?
Essentially, affiliate marketing on YouTube works by making videos to promote a product or service. The videos must contain a link through which the viewer can buy or use the item being promoted, earning you a commission each time a goal is completed!
In addition to this, YouTube offers an affiliate program that lets content creators monetize their videos using Adsense. This allows people to earn money by placing adverts throughout their videos through a simple process. You’ll need a minimum of 1000 subscribers and 4000 hours watched through the last year, then sign up to Adsense through the ‘Monetization’ section of the YouTube studio settings section.
If you’re starting a YouTube Channel from scratch, here are a few tips to help you become successful!
Starting a Forex YouTube Channel
1 Choose your Niche
The first step is pretty obvious, but choosing a specific niche in your industry can help you grow your following faster than by trying to appeal to a wider audience. Since everybody can sign up to start creating YouTube videos, competition is rife but not all competitors are made equal.
2 Find a Suitable Affiliate Program
Once you’ve chosen your niche, you’ll need to sign up for an affiliate program in order to start making money from your content. There are a wide variety of Forex Affiliate programs to choose from, although not all of them may turn out to be profitable. Look for a program that offers high commissions, excellent support and easy pay-out to ensure you get the best reward for the time you’re dedicating to your campaign.
The EagleFX 5-Tier Affiliate program offers all of the above and more, and the best part is that it’s completely free to sign up. You’ll also benefit from having a personal affiliate manager to help guide you throughout your time as an affiliate.
3 Write a Script for Your YouTube Videos
No matter your level of experience, writing a script before speaking in front of the camera can help you produce better content (even if the script is just there for backup!). Structuring your video with a script will help you to ensure you don’t miss out on the most important points – starting with a hook, USPs of your product or service, and any promotional information and links.
This will also help you reduced the post-production time it would take to edit out the bad parts of the video. If you’re not comfortable with speaking on camera, you could also consider using voice narration or a mix of both! Still, putting a face to your channel is a unique feature of YouTube, so you should definitely try to overcome your shyness and use this tool to your advantage.
4 Create a Look and Feel for your Videos
While YouTube can be used by virtually anyone, it’s worth investing enough time to develop your video editing skills in order to create good quality content. Moreover, you need to think about your channel from a marketing perspective – define the look and feel of your content and choose what message you want your channel to transmit. You can do this in a variety of ways, such as through consistent thumbnails and cover art, a caption or catchphrase, unique backgrounds and page designs.
5 Be Smart with your Gear
Video equipment can be expensive but it doesn’t mean that you can’t make good videos on a lower budget. There’s no need to spend lots of money on buying high-end cameras, microphones and editing software before starting out. Rather, start small and invest in your equipment slowly to grow your audience at a steady pace. Think quality over quantity, always.
Ready to Get Started?
Once you get your YouTube channel up and running, it will become an indispensable tool to promote your EagleFX Affiliate campaign. You simply need to take the leap.