Advertising revenue used to be the primary source of income for most video content creators like myself. While this still holds true for specific months of the year, it’s certainly not what it used to be. There are new YouTube channels popping up more than ever, thus making it difficult for creators to claim their percentage of the cut.
Of course, there are always other revenue options to consider. Some creators prefer to sell customized merchandise, while others like to rely on promoting affiliate networks. But what about getting paid to promote products on your channel? Let’s talk about FameBit.
FameBit, still a somewhat new startup, is a platform that enables creators to promote products on their channel and get paid in return. Promotions typically include brief mentions, in-depth reviews and even the occasional feature in haul videos.
The process is very straightforward. As a creator, you’ll want to sign up using your YouTube credentials. FameBit includes a button that makes this seamless and secure. The platform does require that your channel has at least 5,000 subscribers.
Once you’re signed up, you will want to customize your profile. This is what brands will see when deciding whether they want to work with you, so make it count. It doesn’t hurt to include some stats about your channel, either. Try to look at this from the brand’s perspective and it will make things easier.
After the setup process is complete, you can then begin browsing the Sponsorships marketplace. It’s best to start out with smaller sponsorships in the $100–$250 range. FameBit keeps 10% of the final payment, so keep that in mind when submitting your proposal.
At first, you may not hear anything back from brands. Do not let this discourage you, as it’s perfectly normal. You have to remember, there are hundreds of other creators doing exactly the same thing — which is why it’s important to present a unique and detailed proposal. Give the brand a reason why it would be smart to work with you.
Rinse and repeat with other sponsorships that are relevant to your channel. Also, it’s important to not forget the word ‘relevant.’ In order to retain the trust of your audience, always remain true to yourself. Be transparent with your sponsorships, and that includes not working with brands that are irrelevant to your content.
FameBit is an amazing platform that has introduced me to some new and exciting brands. I hope you can get out of it what I’ve been enjoying.