During lock-down in 2020, I started a Cash Cow YouTube channel with the intention of creating a YouTube business, with automation. I didn’t want to be involved in the day to day operation of the channel or the creation of videos. I created the YouTube channel with the main purpose of making a passive income from YouTube.
The first month, I started with a budget of just $100 and continued the same investment on outsourcing various aspects of the channel. Today, this channel makes over $28,000 per month (See video below for live proof). This YouTube channel has already surpassed the finance goals that was set for this year!
- What is a Cash Cow YouTube Channel?
- How to Make a Cash Cow YouTube Channel
- How to Run a Cash Cow YouTube Channel
- Cash Cow YouTube Channel Examples
- 5 Ways to Monetize a Cash cow YouTube Channel
- Cash Cow YouTube Channel Course
- Key Takeaways on Creating a Cash Cow YouTube Channel Automation
What is a Cash Cow YouTube Channel?
When a YouTube channel is created with the sole purpose of making money, it is named a Cash Cow YouTube channel.
YouTube videos for these channels are often created by compiling several video clips to form an entertaining and or educational video.
How to Make a Cash Cow YouTube Channel
If you don’t want to do all these on your own you can automate some of these steps by using online tools or fully automate your Cash Cow YouTube channel by outsourcing these tasks. I have used a mix of both. I will share these with you so you can try out the best option for you.
Cash Cow YouTube Automation Tools
All tools can be used online. So it doesn’t matter what type of laptop or computer you have. They also come with money back guarantees, so you don’t risk losing any money. If you don’t like the tool, you can ask your money back which is what motivated me to try these out.
In the long run, it turned out to be a good investment, as I was able to create over 100 videos with the help of these tools. Using these tools are much cheaper than paying for outsourcing services!
Research Tools
You need to get choose the right topics and keywords to get views to your YouTube channel. I initially used a mix of trending topics which targeted views from the YouTube home page and recommendations. I also looked for low competition, high volume keywords to get views to the YouTube channel from YouTube search.
- Videly – To find trending topics & best keywords to rank on YouTube search.
- TubeBuddy – This is mainly to find keywords to rank for on YouTube. Depending on the plan you choose, you can also test thumbnails to see which thumbnails get the most clicks. Basically, you can give 2 thumbnails for the same video and it will test out showing each version to a set of viewers. In other words, A/B testing of thumbnails.
Video Script auto generation tool
- Artificial Intelligence(AI) based script generation – You can give some details about a topic and let this AI based online tool auto generate a script for you.
Voice-over Tool
- Convert Text to Speech – Another Artificial Intelligence(AI) based online tool where you can paste text, select the voice type (language, male/female etc) and then download a human like voice-over. This can be used in the video, and no one will know it was a generated voice over!
I created a video about this tool, a few weeks ago showing the process of converting text to speech and a demo. Watch this video, if you are not convinced!
Auto generate video from text
- InVideo – This is the easiest online tool I have come across to auto generate video from text. You can start for free! There are several templates you can select from. Once you have the template, all you need to do is paste the text and based on AI technology, it will find non copyright video clips and images. It will also add a readable text overlay (Which is like customizable subtitles) to the video.
Video Thumbnail Generator
- Thumbnail Blaster – If you don’t have any graphic design experience or any image editing skills this online tool is for you! You can integrate this with your YouTube channel and it will generate a video thumbnail for you. You can also select one of the many eye catching templates it offers and just change the text, images and color easily.
Cash Cow YouTube Automation Services
The best way to reduce cost when outsourcing services on Fiverr is to first contact the owner of the gig and give a bulk order. For example, instead of order 4 separate voice overs, ask them to create one Fiverr order to include the 4 voice overs. This way they will create a custom order for you which will be a lot cheaper than ordering one by one.
YouTube Research Services
- 5 Topics for 5 dollars! Check him out
YouTube Video Script Services
- Most Fiverr gigs charged per word, but this guy just charges $5 for 5 minutes! Which is a huge cost saving. You can read the reviews he has got which are raving goodness!
Voice-over Services
- Male voice – He is amazing! Has done over 150 gigs and has 5 star rating. His charging starts at $5
- Female Voice – She is a top rate Fiverr seller with around 2900+ gigs completed and still has 5 star ratings. Surprisingly, she offers discounts and custom quotes based on your request.
Video Editing Services
- This is the best low cost video editor I have found so far on Fiverr that delivered with high quality. The basic package is $15. If you subscribe for 3 months then you get a 10% on every order.
- Fiverr Level 2 seller with over 450 orders & still has 5 star rating. If you have a high editing budget go with him. He does amazing editing
Video Thumbnail Services
- This guys makes highly clickable eye catching thumbnails!
All Videos aspects together
While you can order the script, voice-over & thumbnail as separate Fiverr gigs, you will save a lot of money if you can find Fiverr services which gives you an in all one package. Which includes all the videos aspects.
How to Run a Cash Cow YouTube Channel
Watch the video below to see detailed data on how my Cash Cow channel got views, the amount it currently makes and much more. This is real live proof. I even reload the screen in video. So yes, it is possible but you need to persist with the YouTube channel.
Cash Cow YouTube Channel Examples
I wrote previously about a Meditation Cash Cow YouTube channel. There are many different YouTube channels you can create based on your interest. Here are some example YouTube channels that have been created without ever showing the face. You will also notice that they use human like voice which is generated from text to speech.
This YouTube channel is based on Luxury topics.
This YouTube channel is based on emerging technologies.
You will notice that, these channels use Artificial Intelligence based text to speech voice over which sounds like a human voice. You may have come across a Cash Cow YouTube channel yourself and never known it was one such YouTube channel!
5 Ways to Monetize a Cash cow YouTube Channel
Before your channel it is important to know what method you are going to use to make money from your Cash Cow YouTube channel. These are some of the monetization methods you can use.
YouTube Partner Program
Before you create any video make sure that the videos you create for your Cash Cow YouTube channel, adhere to the YouTube monetization policies.
Once approved you will be paid based on the numbers views the channel gets and the Cost Per Mille (CPM). CPM is the cost an advertiser pays per 1000 views (advertisement displays on the video). So if you are selecting this monetization method make sure to select a high CPM niche.
Affiliate Marketing
With Affiliate marketing you as an affiliate will earn a commission for marketing another person’s or company’s products through YouTube videos.
You can promote these promote via the Cash Cow YouTube channel. These types of channels often create either review or how to type videos which shows the product in use. There are several ways to add affiliate links to videos. Watch the video below in case you are not aware of it.
Merchandise
You can promote various merchandise based on the either the theme of your Cash Cow YouTube channel or create a brand around your YouTube channel.
Patreon
Patreon is a way to get paid from your fans. You can create content that your fans might like and either be paid per creation or get paid every month. This is a less common way to monetize Cash Cow YouTube channels.
Online courses
You need to create a YouTube channel which shows authority over a subject matter along with brand. Then you can build a online course and promote that to your viewers.
This is also a less known way to monetize Cash Cow channels because often, these channel are made without showing face or using the actually voice of the person.
Cash Cow YouTube Channel Course
Everything I learned about creating a Cash Cow YouTube channel I learned from Matt Par’s course. I have watched Matt on his YouTube channel and got a glimpse of his personality. He is an authority when it comes to creating several Cash Cow channels having over 100,000 YouTube subscribers.
It is very expensive but given that he has a money back guarantee, I decided to go ahead and purchase it. Needless, to say I didn’t ask for the money back! I covered the cost of the course the 3rd month the YouTube channel was monetized. There are 6 key modules in the YouTube mastery and monetization course. Here, is a short summary of each
Click here to learn more about the modules and you can also see reviews from others who have bought this course.
Key Takeaways on Creating a Cash Cow YouTube Channel Automation
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