In today’s article, I’m excited to share with you a unique approach to building an online business using YouTube data – and the best part, you will earn money from YouTube Without Any Video or have a YouTube channel. While this method won’t make you rich overnight, it’s a proven and tested strategy that requires your attention, learning, and questions. Here is how Can you really earn money from YouTube Without Any Video?
The Innovative Idea: Products for YouTubers Using AI and Public Data
The core concept revolves around creating products for YouTubers by leveraging YouTube’s public data combined with the power of artificial intelligence (AI). It might sound complex, but let me break it down with a real, practical example. Step one involves curating a list of successful YouTube videos using a simple formula: high views plus three times the channel’s average views. This curated list becomes the foundation for our business strategy.
Step One: Curating a List of Successful YouTube Videos
To begin, head over to any YouTube channel, filter out its top-performing videos, and check if a video has at least three times the average views for that channel. If so, add it to your list. The goal is to collect a dataset containing various details such as title, description, views, publish date, and thumbnail. To streamline this process, tools like PromoterKit YouTube section can automate the discovery of successful YouTube videos.
Step Two: Monetizing the Data – Strategies for Success
Now that we have a valuable dataset, step two involves monetizing this data to build a sustainable business. Here, I’ll share two distinct strategies for achieving this goal.
- Creators Hook Approach:
- This strategy involves selling the curated data through a monthly recurring membership, as demonstrated by “Creators Hook.” Additionally, running a newsletter can further monetize the gathered information.
- Building an Online Tool with AI:
- A more advanced and dynamic approach is to create an online tool, similar to a YouTube title generator. This tool, like the one showcased in the video, connects with the ChargeEPT API to generate titles based on successful data. The secret lies in using AI not just generically but by incorporating real data, making the tool stand out in a competitive landscape.
The Function Chaining Method: Elevating Your Tools with AI
Understanding the function chaining method is crucial to implementing AI effectively. By treating a prompt as a function and chaining it with others, you can create a myriad of tools. This empowers you to integrate the generated output into any script or function, opening the door to countless possibilities.
Harnessing the Power of YouTube Data and AI
To sum up, the strategy involves using YouTube as a data source, collecting valuable information, and then monetizing that data through various channels. Whether it’s a newsletter, a membership model, a software-as-a-service (SaaS) platform, or an online tool, the possibilities are vast. Combining this data with AI not only enhances your tools but sets you on a path to building a thriving online business. I hope you find this technique valuable. Don’t forget to give your reviews if you’ve learned something new today, and I’ll see you soon in the next article.
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