Ask HN: How can I monetize my YouTube channel?

I have recently started a YouTube channel. We are doing okay on views, but we cannot monetize the video directly via ads, because our video contains adult content. We have thought of the following plans to monetize:

1) Feature merchandise in our show, then set up a merchandise store using Shopify/Volusion/BigCommerce/etc.;

2) Approach relevant companies, like condom and lingerie companies, for product placement or endorsement opportunities; and

3) Just source for direct sponsorships.

Is there anything else that we can do to generate revenue?

My channel: http://www.youtube.com/user/SexcussionsAlvivi