The Article, “11 Creative Ways to Make Money Using YouTube” found at this link shows different ways to make money that you can explore. Before you get enthusiastic about any one idea, remember your strategic plan. You don’t want to be opportunistic and simply jump into any one idea. You want all your tactics to deploy your strategy. Therefore, if you see a good idea from the link above, you can consider it and decide how it fits into your overall plan.
To get started, it is important to understand the YouTube community mindset: Input your chosen keywords into YouTube's search bar, and see from the drop-down "suggestions" which related search terms your audience is actually using. YouTube automatically gives you the top 10 most popular searches.
Therefore, one of your best strategies could be to create videos containing those search terms (keywords) in your titles and descriptions.
Here's how to draw the best quality, targeted traffic with your videos...
Section 7: YouTube
Step 2: Understand the YouTube Mindset
Step Two: Understand the YouTube Mindset
YouTube is a community. Read the YouTube Community Guidelines at http://www.youtube.com/t/community_guidelines. Of course, they also have a video there that you can watch. Your goal should not be to simply get the maximum number of views possible: It's about getting the right people to see what you're presenting so that they will take the action that you want them to take.
It's better to attract 240 people and have 120 buy, than 1 million viewers with no sales resulting. The only time going "viral" should be desirable is if your focus isn't on sales, but on building your name or brand recognition. Of course, you can make money if you get a lot of views—about $1.30/1,000 views. It’s not much.