In the physical world, the world is indeed a large space. There are over 7 billion people inhabiting this world. Obviously, getting a message across the world, if you were to consider it in the physical sense, would be a Herculean task.

Cut to the virtual world. The numbers are staggering here as well. More than 2 billion people exist in the internet world. Getting a message across to them however, can be done in the blink of an eye! And this is where social networking has a large role to play.

The social web is indeed a country by itself! It connects people across all ages, economic status and geographical location. It also offers advantages such as:

-· - Sharing of information

-· - Leveling of the field when it comes to business

-· - The ability to broaden market reach and

-· - Giving the individual or small business owner an opportunity to make money on an extremely small budget.

For instance, a video networking site such as YouTube has become popular over the recent years and offers the opportunity for you to reach more than 40 countries and to upload your videos to make money. The question of how to make money on YouTube can therefore be addressed rather easily.

Create and build your YouTube channel

Always be mindful of the fact that your presence on you Tube is a ‘make or break’ entity. Therefore, you must pay attention to creating the right kind of channel and:

-· - Make it extremely interesting

-· - Remember that it is a visual channel and therefore your videos should be attention grabbing

-· - Make it easily navigable

-· - Always update content and

-· - Invest in the right kind of search engine optimization activities as well.

YouTube has put together a rather successful partner program and it is available to more than 25 countries around the world. According to the latest statistics, the channel has paid out several millions of dollars to its partners and partners are continuing to generate revenue constantly.

You can also go in for monetizing your videos. Statistics reveal that YouTube has monetized more than 3 billion video views every week all over the world and campaigns that are run on this video networking channel are turning out to be rather successful.

Obviously any answers for the question of how to make money on YouTube has to be all about viewership or audience. Building the right kind of audience will take time and effort. It is only with fresh and relevant content that you will be able to get an audience that is capable of turning into subscribers and would be interested in the advertisements that are displayed on your YouTube channel as well.

Therefore, you need to interact with your audience across other social media channels as well. You also need to respond to their comments and engage in an informative and relevant conversation. Thus, content, building membership and going in for partner programs are some of the ways in which you can make money on YouTube