Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!

YouTube Reduces Monetization Requirements, Time Removes Paywall, and 2 Weird Niche Sites

06.16.2023 - By Spencer Haws: NichePursuits.comPlay

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Interested in setting up a YouTube channel? Spencer and co-host Jared Bauman of 201 Creative explore some exciting updates for content creators today on Niche Pursuits News. First up is a new announcement from YouTube that they're lowering the threshold for channel monetization! While content creators used to need 1000 subscribers and 4000 long-form watch hours, now you need just 500 subscribers and 3000 long-form watch hours in the last 12 months to start earning money on the platform. Jared and Spencer talk about why they think YouTube changed the rules, and they also discuss other ways to monetize using the platform, such as channel memberships. Then they move on to talk about how Time magazine announced its plans to remove its digital paywall and give everyone their content for free. Their plan is to monetize with display ads, using the same model many bloggers and content creators are using.  The hosts move on to discuss data in a SEMRush report that revealed interesting statistics about search engine users, like the percentage who change their keywords before clicking and how very few searches led to clicks on the first result in the SERPs in 2022. It’s clear that user patterns of search are changing. What does this mean for us? Jared and Spencer also discuss a recent article in Search Engine Journal about Google making its feedback form more robust. According to Twitter, this move will set the stage for more negative SEO, and the hosts share their thoughts on the implications. Will the positives outweigh the negatives with this new move from Google? In the Shiney Object Shenanigans portion of the podcast, Spencer talks about recent developments with his faceless YouTube channel.  Although the channel was making $80 to $90 a day, a copyright claim has almost eliminated all of his earnings. His appeal was ultimately denied, and he talks about his plans for moving forward, as well as other ideas for faceless YouTube channels. Jared finally reveals more details about his YouTube project, which will revolve around read-alouds for social-emotional learning by his wife, a seasoned school counselor. She'll be working on this project all summer and Jared will report back on their progress. In the last section of the podcast, Spencer talks about a weird niche site he found years ago based on a scene from Star Wars where Darth Vadar screams. The site was getting around 30k visitors per month back in 2015.  Although the original website no longer exists, there's a copycat site now, but it only gets a few thousand visitors per month. Jared talks about the site he found called Awkward Family Photos, created with user-generated content. He talks about how the site is monetized using ads and how it’s ranking for 20k keywords even though it's just a photo site.  As it turns out, Spencer and his family play the Awkward Family Photo board game all the time. This example certainly makes you think about creative monetization opportunities you might not have thought about before! Once again, Niche Pursuits News is coming at you with a thought-provoking episode on YouTube, legacy publisher strategies, changes in Google, unique side hustle ideas, and creative monetization techniques. Don't miss out! Tune in and listen now! Be sure to get more content like this in the Niche Pursuits Newsletter Right Here: https://www.nichepursuits.com/newsletter Want a Faster and Easier Way to Build Internal Links? Get $15 off Link Whisper with Discount Code "Podcast" on the Checkout Screen: https://www.nichepursuits.com/linkwhisper

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