How history/tech YouTube channel Asianometry reached 270K subscribers, $5K/month
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Because the comment I replied to claimed “luxury” for $1k per month.
Supposedly, median household income in Peru is $17k, and that is skewed higher to urban residents, so let’s say two earners earning $24k total in rural Peru would be 2x median income of the surrounding families. Maybe it can be “luxurious”, but I would want more proof that you can get access to reliably energy, high quality network connectivity, and access to other goods/services one would normally associate with luxury.
The typical monthly salary in Lima is going to be in the $300-$400 range (minimum wage is ~$270).
You could get to that $17k number if you had four incomes in one household though.
https://www.globaldata.com/data-insights/macroeconomic/media...
Seemed like a high enough number that would still validate my point.
Taiwan (where the author lives) has lower cost of living than the US, but 1000 USD per month isn't quite luxury even there.
He seems to release about 2 videos a year and has more than 10k patrons. If he gets 2$ on average from each per month that makes 240k a year or about one million after four years.
This guy (a glimpse inside) talks about how YT became a sales lead generator for his woodworking in this video: https://m.youtube.com/watch?v=pKiWVQK-YJE
A lot of his topics in the video are not related to any advertising, and thus the CPM is low. I'm glad he's stuck through it, because the content is excellent.
i'm glad to hear that majority revenue actually comes from patreon - this means people do realize the value of the video, and there's enough willing to donate.
That's a good way to kill the authenticity of a channel, and race to the bottom creating flashy but shallow content. I don't begrudge a youtuber merely hiring a cameraman, but the more people they hire on a permanent basis, the more pressure there is to optimize for monetary success. This means flashy well produced videos, but very shallow content that is more accessible to a wider audience.
The problem is especially visible on YouTube because so many creators are small, and so have a connection with their audience but don’t have the resources to absorb the costs and risks of trying to keep up with a constantly changing audience, but it’s not a problem specific to or even especially pronounced on YouTube.
Yup. Generally speaking, people value content like this as pretty much having, well, no value at all. They don't want to pay for it, and they'll go out of there way to make sure they pay as little as possible for it.
In fact, I would even go further and suggest that many people feel that all jobs, except for whatever job/industry they are in, as having little to no value and should be done for nothing.
A lot of the blame goes to the content creators, though.
They were the ones who set the expectations for "free content" by giving their creation away for "free". And in that context, making $5k a month is pretty good. If I have a garage sale, put $0 price tags on everything, and end up with $5k afterwards, then that's amazing.
> In fact, I would even go further and suggest that many people feel that all jobs, except for whatever job/industry they are in, as having little to no value and should be done for nothing.
That seems a little far fetched.
Most people chose to be ignorant in this manner. They'd rather spend as little as possible and denounce your skill rather than understand why xyz costs as much as it does.
More like if you produce creative content, you're at the mercy of your distributor. Google is making significantly more money off of the channel than the content producers are, I wouldn't be surprised if the difference were an order of magnitude.
A quick search says that Google pays the publisher/creator 68% on the AdSense revenue.
So how does Google make an order of magnitude more of this channel than the content producer?
People can make creative content and get the first 2 on TikTok but all things equal the payout would be way, way less. They can make money on Patreon and distribute their content through it but there isn't enough discoverability there for them to grow.
There's a reason why everyone who blows up on any other platform expands to YouTube asap.
You re leaving out the part that without youtube, users would be seeking out this content, like they did with blogs before facebook.
I think he should do that. Host his own content and use youtube for trailers only, a-la onlyfans
Would they really though? His top viewed videos are "Why the Soviet Computer Failed" and "What Eating the Rich Did for Japan". If those were headlines for a personally-hosted video blog, the biggest group I can see eating that up is the Twitter mob, which, all things considered, doesn't generate much value and is unlikely to translate into a dedicated follower base.
In addition, those are kind of two different interest groups: I'd imagine less than 50% of people interested in the Soviet Computer topic are interested in viewing/reading a pro-"eat the rich" content piece. With YouTube, their recommendations allow the user to only be fed the content that correlates with what they want to see (and this is more apparent in other parts of YouTube, eg. Channel Awesome[0] where anything that's not in their Nostalgia Critic or Untitled Review Show series tends to get comparatively few views).
It seems to work for 'onlyfaners' who use twitter and instagram to advertise their content
Personal Blogs aren't discoverable on the web anymore because corporate blogspam knows how to do SEO much better and in much greater volume.
yet advertising spending did not
As per article it’s because of the day job who doesn’t leave too much time handling those and that the video making is a hobby to him - I read from it he doesn’t want to make it a job?
Assuming everything else remained constant. I've seen creators comment that adding sponsorships really hurt their growth numbers.
Someone who is reviewing tools could be hurt by getting sponsored by a tool brand, because of the obvious possible conflict of interest.
But that same person getting sponsored by one of the damn VPN providers might affect it less.
It also depends on where they put the sponsorship and how easy it is to skip.
I do see other tiktokers do it poorly, like having a long lingering shot on the label that makes you realized the video is an ad. Somehow they still get views but their videos are really really boring.
But this model doesn't apply to every channel. If I'm on a science/physics channel, I'd tolerate scientific/test equipment sponsors but that's rarely what we see (turns out most quality goods sell fine without polluting YouTube videos), so instead you get VPNs, crappy Chinese earbuds, website builders, etc.
I realize it probably declines faster than you'd think - but imagine over the course of 5 years he'd prob still hit 100k in residual value. Which must be a nice safety blanket to have.
This is a very, very long term play.
You have to bank on YouTube still being a dominate market, not getting too greedy with it's algorithms or revenue sharing, and your old videos continuing to attract a large number of views.
If any one of those goes wrong - you're basically working for below minimum wage.
No, you can just upload your videos on the next big platform. The content isn't exclusive.
That video you did two years ago will still contribute Adsense revenue.
I'm not sure that makes YouTube a monopoly. Just like some games work best on the Nintendo Switch doesn't mean Nintendo has a monopoly on console gaming.
Over years the money kept coming in. I think I calculated it out to about $20 an hour after four or five years. I literally could have looked at this as a sort of bond, did the net present value accounting on it, and realized better gains than with software over the next 70 years of copyright.
This is with no automation or market research or experience or training.
Build your subscriber base, then try to pitch the idea to a network capable of paying to commission an actual show.
I don't know of any indie consumer video-based product that got popular without being on Youtube. Note that I am excluding "video courses".
Most people can't do the marketing, it requires too much time to learn and implement, time that cuts into video production. For a lot of people, it's better to delegate it to the platform itself.
YouTube allows you access to a the world's largest group of suckers as well as those in poverty who are desperate. If you create content that targets these people, you can make bank… and fast. While someone creating high-end education content might get $1-$2 CPMs, someone creating targeted scam content can make 10x—yes, $10-$20 CPMs are possible.
Content about personal finance, coaching, "selling online", affiliate spam, MLM and pyramid schemes, dropshipping, and meta-content about being a "creator" all makes unbelievable bank.
He's sometimes a bit too (economically) left-wing for me, but I generally sticks to well-researched facts, so it has never been an issue that would impair my enjoyment.
But like you said, he provides a lot of well-researched facts that allow a viewer to form their own opinion.
(That's probably a better term than the rather imprecise left/right shorthand.)
He seems to have a soft spot for 'industrial policy'.
Eg when he discussed the rise of Chinese photovoltaic, and the relative decline of German efforts.
To my surprise, I reached 1,000 subscribers relatively quickly. I posted my first video on Apr 14, 2020. By Jul 13, 2020 the channel had 1k+ subscribers. So, it took 3 months.
The videos have extremely good (IMHO) like/dislike ratio. I somewhat proud of it :)
I've never had monetization enabled, so never made a cent out of this journey. On the other hand, it was crazy fulfilling.
Since I joined AWS, I barely have time to reply to comments, let alone publish new videos. Wish I had more time...
I stopped releasing new videos on Feb 8, 2021. By that time I had 4k subscribers. It's passively grown to 4.5k since then.
If anyone is interested, here is the channel - https://www.youtube.com/channel/UClnwNEngsXoIp_tgJ2jZWfw
If anyone dislikes, don't hesitate to explain the motivation behind it.
The motivation behind my original comment was to throw a channel growth data point.
There are other youtube channels who are super successful and do niche Asian History content with mostly western viewers and I assume make a lot more money.
Like this one: https://www.youtube.com/watch?v=8n1OU9p3fhM
If OP is not aware of them maybe he should check them out and see what they do better. I have a feeling there's a bunch of things you can learn from it.
I enjoy his semi videos but honestly general history should be more popular than semis, I think he just has to get their quality up to snuff. Don't assume your earlier less popular history videos is down to the topic rather than your earlier inexperience. The stuff you said about storytelling that you learned makes a huge difference.
That means that five years of labor has netted a salary of $60K per year (only $30k from YouTube)… Almost certainly that’s top line revenue and not net profit.
That’s… not much for the work involved. The benefit here is with this strong presence and smart thinking he can likely turn this into significantly more income. Perhaps as an affiliate for travel sites or packaging historical vacation packages. But it certainly dissuades me from any business model where showing ads is the primary revenue driver (unless you on a platform, of course, a la Google, Meta, et al.)
I'm not saying it's an easy money, but it could be much more rewarding than working for big tech. Of course having a yt cahnnel is still kind of working for big tech, but he seems to be smart about it, heavily promoting newsletter, presumably to be able to switch platform if necessary.
Plus, we're already seeing alternatives (or rather, in-parallels) becoming quite established, most notably Floatplane and Nebula as created-by-youtuber(s)-who-wanted-an-off-platform-alternative.
Two months later it’s starting to recover but that’s not the bedrock of a business you’d like to build upon.
Especially as a part-time job.
It's also why I stopped reading The Economist on development economics and foreign aid issues.
When you only have access to third party sources there is no way you can get everything right.
https://www.youtube.com/c/WillProwse/videos
House related videos:
Sets goal:
https://www.youtube.com/watch?v=7j1ZVnfjKyM
Buys house:
https://www.youtube.com/watch?v=vhtN01Hc95U
Pays off house:
https://www.youtube.com/watch?v=ALDuMufycMY
"I paid 34k every month for 10 months to pay off this house. "
Anyway, so it's possible, but you need to have the right topic. I think reviews and how-tos of expensive things you are about to buy is a lucrative place to be.
I can't imagine a youtube creator is at any less risk somehow. Over a lifetime google will certainly find some reason to ban the creator. I understand they want to protect their business but the way they operate is especially harsh and can literally ruin people's lives.
Rules are always made to be broken
His other Patreon benefit for the highest tier is early access to videos but in observing other Youtube creators' explanations, it's the live chat that attracts Patreon payments.
I do notice that some Youtubers do the reverse of Patreon tiers from Asianometry. E.g. Real Science: least expensive tiers have early access but no livestream chat; the highest tier has the chat
Everybody's trying to figure out the right mix of incentives for Patreon.
- he does not do sponsored videos (too much work he doesn’t want to do)
- he has not monetized with his own product(s) (tried merch, but it didn’t work)
- he does not promote the videos
After taking a look at some of his video titles, I’m fairly certain he could make an absolute bucketload of money just by doing lead gen for folks who specialize in Asian trade (either as boots on the ground or as advisors).
As an example, a recent video on Chinese semi-conductors has 161k views — that’s the high side of his normal range. I can imagine finance companies wanting to be connected to the “real” local experts on this topic (not the blowhards who are a dime a dozen, but the real folks who like to get their hands dirty with the details) — that connection could be worth millions. I can imagine chip buyers just wanting to know which consultants will give them a reasonable deal. I can imagine finance/investing newsletters tripping over themselves for access to local experts with specialized knowledge that would provide insights to their readers. The list goes on. Being able to facilitate these connections would be a huge business, imho.
The problem is that this would require some scut work… but I imagine it would be very lucrative scut work, most of which could be wrapped into the research phase of his videos.
tl;dr — I think he could make a lot more loner from his channel, but he doesn’t seem interested in or knowledgeable about the type of work that would generate high levels of revenue.
Any others like it?
I wish he would stop pumping the newsletter. I like that he's promoting his own stuff, but he doesn't understand why i watch his channel - it's because they are informative videos, and give me something meaningful to watch when i eat dinner.
I'd love a westernamatry channel, or something similar in being a sister channel. Maybe shorter episodes. maybe just reading news articles and reflecting on them. Lots of formats that could work.
the stories he tells are unique and intriguing - for me that's the value.
A really great channel.
Shame on you Youtube!
Lots of people want to be content creators. Just like lots of people want to be musicians or athletes (or pet vets or work with kids.) Or write novels or create video games.
Many of these people are willing to take somewhat lower pay in return for doing something they love.
Supply and demand do the rest.
https://socialblade.com/youtube/channel/UC1LpsuAUaKoMzzJSEt5...
I'd guess Asian viewers in the history/tech niche have lower RPMs compared to something like American viewers in the finance niche.
I've watched some videos from similarly sized youtubers disclosing their earnings and socialblade seem to be quite off the mark most of the time probably because they don't have a good way to estimate the profile of the audience accurately enough.
Rule of the thumb is, a finance channel with American audience makes 10x-50x more per view than a Bangladeshi channel about gaming.
So it's not easy to guestimate.
Really happy about his success
* his ability to scale is greater than yours
* his work nets income even when he is sleeping