The average amount of money YouTube pays for 1 million views is $1,000. However, the revenue may fluctuate based on various factors. Realistically, the range of earnings is $600 -$5,000. Here are the determining factors of income from YouTube;
- Geographical location
- Total time spent on a video—by viewers
- Device used to view the video (mobile, Tablet or PC)
- Whether the audience clicked on the adverts or not. Total number of clicks also count.
- Engagement
- Type of content/niche
- Age, gender and location of the viewers
- Time of the year
- Quality of the videos
- Number of subscribers
It follows that the more time someone spends on your videos, the more you earn. This is possible only when the videos are original, interesting and unique. High quality videos attract more viewers who are more likely to take longer on the video.
YouTubers who attract traffic from geographical regions like USA, Canada, Germany, Australia and UK are likely to earn more money than those whose video are viewed from Africa and other less developed regions.
The income is calculated based on Cost Per Mile which literary means cost per 1,000 views. Generally, the cost per 1,000 views is $1 to $10.If your content attracts $1 per 1,000 views, it means that with 1 million views, you’ll earn $1,000. Those YouTube channels with poor quality videos have slightly lower income, YouTube pays them as little as $0.01 per 1,000 views.
How to Earn more than $1,000 from 1 million views
Obtaining more than 1 million views from YouTube is not a mean feat, you have to follow some conditions.
Post consistently
Make sure you post consistently, at least ones a week. If possible, post thrice a week. By doing so, you will attract more people and retain your returning visitors.
Post unique, interesting and original content
Make sure you post original, interesting and unique content. I mean videos which have not been viewed elsewhere. When someone comes to your account and realizes that everything you post is original, they’ll keep coming.
Attain over 100,000 subscriber
The more subscribers you have the more views you’ll get from your videos. If you have 100,000 subscribers, each time you post at least a quarter of them will view your videos. But you must produce high quality videos to attract such a huge number of subscribers.
If 25,000 subscribers view one video from among your subscribers, it means you will need around 10 videos to get 1 million subscribers.
Share your content on social media
Make sure you own social media pages where you share your videos. If you have more than 100,000 followers on Facebook, 100,000 followers on Twitter and over 50,000 followers on Instagram, it’s easy to get 1 million views from a couple of videos.
Be patient
It’s not possible to create a YouTube channel today and start getting 1 million views, you need a little bit of patience. Research shows that it takes at least 1 year for a YouTuber to start getting over 1 million views from their videos.