How to Make Money on YouTube Through Reading (Explaining 3 Methods) in 2024
Do you ever sometimes think that you could turn a passion for reading books into a high-paying and lucrative business venture on YouTube? Would you believe me if I told you it were so? Yeah, guys, this works.
Did you know that some of the highest-earning YouTube channels just read books?
This isn’t an article on dubious ways to make money—it’s a real opportunity that many people turn to for an income every month. What you are being told about is not only reading specific genres of books but reading just any books that you enjoy.
In this article we will explain three different ways to make money on YouTube by reading and many useful tips to succeed and increase your earnings.
Three Different Ways to Make Money on YouTube by Reading
Reading is one of the most important human intellectual activities, but for the last few years, we have been distracted by images. It does not suit our fast world, who is everyone looking for instant food, instant messages, and completion of tasks within no time.
There are books that have proved all simplifications of reading in sourcing knowledge, forming the cornerstone of many practical life fields. Many important books in management and marketing have made the world’s most famous companies quite successful.
Great books have been written since the beginning of time because they offer the very basic information and ideas which one bypasses by not reading those books. Also, audiobooks hold tremendous importance for people with visual impairment.
For the last many years, the following practices have been followed to gather or know the information/ideas in a wider way about any important book without reading it:
YouTube Through Reading
Audiobooks.
YouTube channels that give out information on book summaries.
YouTube is very versatile as a platform when thinking about preparing content. With the means already discussed and others that may come to mind, it would be very easy to create a profitable YouTube channel based on reading books at a very low price.
Beyond these ideas, many readers are looking for YouTube channels in which books are analyzed or critiqued. Some people do not like a waste of time on a book that might not be theirs, so they seek a video discussion of the book having been read. Others who have read a book or novel seek an analytical discussion of what they’ve read.
Three Key Ideas for Making Money on YouTube Through Reading
Here are the details of the top three ideas you can use to make money reading on YouTube:
- Creating Audiobooks
- Analyzing and Discussing Books and Novels
- Summarizing Books
Now, let’s discuss each of these in detail:
1-Creating Audiobooks
Simply reading books and recording them is referred to as creating an audiobook. This is the most basic way to get started with a YouTube channel.
Unlike most of the content on YouTube, which requires some preparations, an audiobook is on the flip side a one-minute thing to do, and it can be easily created. The steps to make a simple audiobook include:
- Recording a book of choice in a high-quality sound
- Make a simply high-quality video file
- Merge the audio with the video file into on file
- Upload the file on your channel
2-Analysis and Book Discussions
Analyzing and discussing books is the favorite activity of every reader. Every reader likes to discuss his favorite books and comments on those, sometime even without reading those fully. It not only applies to literary genres like novels and stories but applies to scientific fields like Physics and Chemistry where discussions lead to new books and sometimes scientific discoveries.
Picker you’re free to decide whatever style you will want to discuss a book but you need to, however, do it with accordance of some rules such as:
- State that your video is a person’s opinion.
- Avoid revealing a Novel’s key details or ending. When you do, include a spoiler warning in the beginning.
- Make sure your analysis is impartial or neutral.
- Avoid using objectionable language.
- Others are also, therefore, attracted to book summary videos simply because of the style. Sometimes audiobooks perform less well than summary videos on YouTube just because their authors are not very resourceful in ways of presenting them.
Basically, there are two ways to summarize YouTube videos for the book summary:
- a. Summarizing in absence in the video: This is suitable for people who would not want the camera to capture them or who do not have the required equipment b.
- b. Animated summaries: Most famous channels on YouTube present book summaries through animations, which transform the ideas from the book into some visually engaging story.
- c. Majority of them are animated, but some are personal appearances: This is the simplest format, in that one only needs a camera and video editing software. However, the requirement for presentation skills and engagement with the audience is quite high.
How to Make Your YouTube Channel Successful on Reading
Adhere to a certain style when selecting books. Whether you want popular books or your personal favorites will do, hence mixing both can draw a few followers, and at the same time, it can keep you invested in the content.
Don’t forget to interact with the audience. A good way to never run out of ideas is by paying attention to the suggestions, tips, and recommendations coming directly from the audience.
Prefer the quality of your audio to that of your video. Normally, sound quality is a basic part of an audiobook. For summaries and analyses, the visual effect is just to boost, but it can never replace the importing factor played by the audio.
- Do what you can with what you have, and build quality over time as your channel gains momentum.
- Team up. Working together can share the load and improve quality.
- Pronunciation and Delivery. It is important to articulate well, both in audiobook recordings and in video presentations.
- Respect the rights of book authors. Use books that are in the public domain, or ensure you have the right to the books you record.
Conclusion
This article pointed out how to cash in on YouTube through reading. This is an interesting niche and pays well financially. In the process, it helps break other linguistic and cognitive boundaries through reading and sharing of ideas.
What books do you enjoy reading? Please share the last book you read and what you thought about it in the comments below.