The Australian enthusiast Brodie Moss is the creator of YBS Youngbloods, which has an impressive estimated net worth of $6 million. The channel is all about appreciating the ocean’s beauty, above and below the surface, through vlog-style videos that showcase Moss’s experiences surfing, boating, jet skiing, fishing, and having illuminating conversations with a variety of marine creatures.
Experience in the Work Field and Shift to Full-Time Content Creation:
Before taking a stab at YouTube, Moss worked as an electrician full-time for ten years. At first, YouTube was a hobby he pursued in his own time. Moss overcame the difficulties of juggling work with his budding video-making endeavors and made the switch to full-time content creation only once the platform produced enough revenue to meet his costs.
Revenue Streams on YouTube:
YBS Youngbloods has amassed an amazing 2 billion views and more than 8 million subscribers as of 2023. With 5 million views per day on average—roughly 30% of which come from YouTube Shorts—the channel makes an estimated $28,000 per day in revenue from the ads that play on its videos. This daily revenue adds up to $10 million in revenue annually.
Perspectives on YouTube Revenue Generation:
The average payment for YouTube video creators in the US, UK, Canada, and Australia is between $2 and $12 for every 1000 monetized views, which makes up between 40% and 80% of all views. The device being used, the season, the location of the viewers, the ad inventory, the level of interaction, the kind of content, and other variables all affect these revenues.
Strategies for Generating Advertising Revenue:
Advertisers must bid a minimum of $0.01 per view in order to participate in the auction method used to price ad views on YBS Youngbloods. Rich businesses can target their ads on the top 5% of most popular content with Google Prefered, which offers higher ad prices.
Differentiated Sources of Income:
YBS Youngbloods investigates YouTube’s services, such as Super Chats & Super Stickers, Super Thanks, Channel Membership, Shopping, and YouTube Shorts, in addition to the platform’s ad revenue.
YouTube Premium subscribers who pay a monthly fee for an ad-free experience go towards compensating creators for the amount of time they spend on their work.
Super Chat and Super Sticker: During live streams, fans communicate and generate more income.
Extremely grateful Through one-time animations with customised remarks, viewers show their gratitude.
Purchasing: To showcase and market their goods on YouTube, qualified producers link their stores to the platform.
YouTube Shorts: Based on their percentage of total views, qualifying creators receive compensation from a pooled ad revenue that is assigned to a Creator Pool that is unique to each nation.
All Other Costs:
Production expenditures, staff pay, travel, equipment, rent, utilities, amenities, entertainment, subscription fees, and living expenses are just a few of the costs associated with creating content. Interestingly, taxes are a big price as they have different tax brackets depending on your income. The highest tax rate in the US is now 37%. The sum of these costs determines a person’s capacity for saving and investing, which in turn affects the increase of their nett value.
Additional Sources of Income:
Through sponsorship agreements with companies like GoPro and the selling of items on his website, Moss diversifies his revenue streams and builds a financial portfolio that goes beyond YouTube ad revenue.