Brands
How Much YouTube Pays Creators per 1,000 Views
YouTube has become a major platform for content creators to showcase their talents and earn money. But how much money can a YouTuber make from 1,000 views? The answer to this question is not straightforward, as it depends on various factors such as the type of content, length of the video, and the monetization strategy adopted by the creator.
According to Insider, the revenue per mille (RPM) rate for long-form videos on YouTube ranged from $1.61 to $29.30 for eight creators who shared their income per 1,000 views.
Nigerian singer, Burna Boy is one of the people generating income from YouTube as he has attained over 2 billion views on his Youtube channel; this is a compilation of the views on all his music videos.
Another earner is YouTuber brother shaggi, who attributed his growth in Content creating to consistency. He revealed weeks ago that he earns over $40,000 a month from his skits on YouTube, which is approximately to be N20 million in Nigerian currency.
“You have to be consistent always because then, you’ll have more content. And more content means more money. That’s if you’re on YouTube and you grow your platform well.”
However, short-form videos, known as YouTube Shorts, generate much less revenue, with creators earning between $0.04 and $0.06 per 1,000 views.
To monetize their content, YouTube creators can join the YouTube Partner Program, where they earn 55% of the revenue from Google-placed ads on their videos. To qualify for the program, creators must have 1,000 subscribers and 4,000 hours of watch time on their long-form videos. Recently, YouTube introduced monetization for Shorts, where creators with 10 million views in 90 days and 1,000 subscribers can join the Partner Program.
Creators on YouTube typically have multiple income streams, including sponsored content. The amount they can earn from these revenue streams depends on various factors such as their reach, engagement rate, and the type of content they create.
While the income per 1,000 views on YouTube varies widely, it presents a unique opportunity for creators to showcase their talents and grow their personal brand. As YouTuber Shaggi pointed out, Shorts may not generate enough revenue to quit a full-time job, but it presents an opportunity to reach a wider audience and grow their brand at a rate that was not achievable for most creators in the past.
“And asides from YouTube, there are brands that want to penetrate into your brand as well to work with you. And all they look for is numbers. You know, like how many views, who’s watching, what’s the comment like, what’s the reach; you know. That’s where the money comes in,” he said.
Brands
Family Fun Unleashed: Indomie Love Bowl Premiering This Month
The premiere of the “Indomie Love Bowl,” a family game show sponsored by Indomie in collaboration with Multichoice, is scheduled for October 22, 2023.
The 13-episode series will showcase three families per episode, competing for the coveted title and attractive prizes.
The victorious family in the reality show stands to gain significant rewards, with the first-place winners earning an impressive 5 million Naira.
The second and third-place families will receive 2.5 million Naira and 1.5 million Naira, respectively. Beyond the cash prizes, the winning families will relish a two-year abundance of Indomie products, renowned for their delightful flavor and quality.
Asiwaju Temitope, Head of Corporate Communications for Indomie, emphasized the brand’s deep connection with love and excitement in the food category as the driving force behind the show.
The primary goal of the show is to elevate values such as love within families, particularly emphasizing the special bonds between mothers and children.
The collaboration with Multichoice was a strategic move, leveraging its broad outreach and the widespread accessibility of DSTV in numerous households. This ensures the game show’s broad and impactful reach.
“We created this games show and we chose this with family represented by mums and children. It’s going to involve several families and winners willl emerge based on the programmes. 3 families will emerge as winners with consolatory prizes. We chose Multichoice because it is a big reach and there’s no home where you won’t find DSTV”.
Busola Tejumola, Executive Head of Content and West Africa Channels at Multichoice West Africa, underscored that the “Indomie Love Bowl” revolves around themes of unity, bonding, and the special affection between mothers and children.
Set to debut on October 22, 2023, at 7 pm on the Africa Magic Family channel, the show aims to deliver thrilling moments and dynamic interactions among family members.
Stephanie Coker, the show’s host and On-Air personality, expressed her joy in being involved in the project, particularly as a mother. She eagerly anticipated watching the show with her daughter, celebrating the special bond between mothers and children, the exciting games, and the evident team spirit. Coker also emphasized the chemistry with her co-host, Darasimi, promising an engaging experience for the audience.
Brands
BUA Takes Bold Step: Slashes Price Of Cement
BUA Cement PLC has declared a cut in the price of its cement product to N3,500 per bag, effective from Monday, October 2, 2023.
. The company cites its dedication to fostering growth in the building materials and infrastructural sectors as the reason behind this reduction.
The announcement was made through a statement posted on its X page, previously known as Twitter.
This decision follows the chairman, Abdul Samad Rabiu’s commitment to reviewing the product’s price after a meeting with President Bola Tinubu weeks ago.
The statement read in part, “We refer to our previous pronouncements regarding our intent to reduce cement prices upon the completion of our new lines at the end of the year, in order to spur development in the building materials and infrastructure sectors.
“As per the commitment made to reduce prices and following a periodic review of our operations for efficiency, the management of BUA Cement Plc wishes to announce and inform our esteemed customers, stakeholders, and the public that effective October 2, 2023, we have decided to bring the price reduction forward.
“As a result, BUA Cement would now be sold at an ex-factory* price of 3,500 Naira per bag so that Nigerians can begin to enjoy the benefits of the price reduction before the completion of our plants.
“Upon completion of the ongoing construction of our new plants, which would increase our production volumes to 17million metric tonnes per annum, BUA Cement PLC intends to review these prices further in line with our earlier pronouncements by the first quarter of 2024.”
Brands
Again, Dangote Clinches ‘Brand of the Year’ Award
Dangote Industries Limited has received the prestigious Brand of the Year award, acknowledging the company’s outstanding corporate performance in the past year.
At a ceremony held in Lagos, John Ajayi, the Publisher of Marketing Edge, clarified that the award conferred upon Dangote is the flagship recognition, highlighting the company’s consistent contributions to the economic advancement of Nigeria and Africa.
Mr. Ajayi emphasized that this recognition encompasses a broad spectrum of business investments and corporate initiatives carried out by Dangote across the African continent.
He noted “This recognition covers many business investments and corporate interventions carried out by the company in Africa as a continent.”
During the award presentation, he credited Dangote’s exceptional position in its industry to its robust efforts in generating employment opportunities, thereby positively impacting numerous youths.
Additionally, he praised Dangote Industries for its steadfast dedication to the development of vital infrastructure.
He highlighted that the award presentation marked a significant milestone during Marketing Edge’s 20th-anniversary celebration and the 11th edition of its annual Brands and Advertising Excellence Award.
Numerous other brands were also honored for their exceptional achievements in the market.
Mr. Ajayi underscored that Marketing Edge’s two-decade presence in the industry has firmly established it as a trustworthy and authoritative partner for all stakeholders in the Nigerian marketing and advertising landscape.