Thursday, June 20, 2013
7 News Features: Cashing In
Have you noticed when you click on a YouTube video an ad plays first? Every time that happens the person who posted it makes money. The Night Team's Patrick Fraser shows us how you can also start Cashing In.
And there's even a recent worldwide phenomenon from South Florida: a woman Prancercizing.
Joanna Rohrback, Prancercise: "And my body naturally started to move rhythmically forward. I realized the first mode of Prancercise. It was the Prancercise Walk."
Joanna Rohrback created the exercise and put it on YouTube. Little did she know she could get a lot of attention ...and a lot of cash.
Abbi Tatton, YouTube.com: "We have some people making careers out of making their videos, building entire careers on YouTube that are earning six-figure salaries."
If you want to make money from your videos, all you need to do is sign up for the YouTube Partner Program. YouTube puts an ad at the beginning of your video, and about once a month, you split the ad revenue with YouTube.
Vanessa Vargas Wilson, CraftyGemini: "I love it, I love it. People are like, 'Oh, that's a good way to make some money, and you hardly have to work.' I work more than full time."
Vanessa is from South Florida. After finishing law school, she and her husband bought a farm in North Florida where she decided to spend her day creating her own YouTube videos, teaching people how to do everything from making pillowcases and soap to cooking and gardening.
Vanessa Vargas Wilson: "I do everything myself. I shoot the videos. I have a tripod. I come up with the ideas, produce it, do the step-by-step instructions. I actually edit the videos myself."
Creating the YouTube videos allows Vanessa to be a stay-at-home mom while making money at the same time.
Vanessa Vargas Wilson: "So I am getting to live the lifestyle I want and still be able to earn a living."
Now, you may be thinking, "I cant do anything, I can't do the things Vanessa does, I can't Prancercize." Maybe you can't, but that doesn't mean you can't turn on your iPhone, shoot a video about something you like, and make money. Because you don't have to make everyone say, "Wow, that's incredible,' just attract a small percentage of the people watching YouTube.
Abbi Tatton: "We got more than a billion people who watch YouTube, so no matter what your talent is, you will probably fine somebody out there who shares the same passion."
For example, 528 million people have watched the two little boys in the "Charlie Bit My Finger" video. Think about how much money their parents have made. That vegan heavy metal rocker has 3.7 million fans who have watched him. Vanessa has dozens of videos with nearly 7 and a half million people watching her on YouTube.
And lets not forget Broward's Joanna Rohrback. As she Prancercized around the world, 6 million people flocked to watch her. But sadly she has not made a dime. She didn't sign up for the YouTube Partner Program when she posted her video.
Joanna Rohrback: "Why should I, you know, cry over spilled milk?"
But she may have wanted to cry when we told her she had lost thousands, maybe tens of thousands of dollars.
Joanna Rohrback: "Oh my God! Don't tell me that! I'm sick. Yeah, I'm sick."
Sick for a second, but Joanna then told us she is already working on her next YouTube video, the one that will allow her, like so many people, to start cashing in on YouTube.
Patrick Fraser, 7News.