The ONLY 7 Faceless Niches that will make money in 2024 on YouTube

Summary

In this video, the creator explores the top seven profitable niches for faceless YouTube channels in 2024, emphasizing the importance of niche selection on earnings. They share personal success stories, revealing how view counts do not always equate to revenue due to varying CPM and RPM rates across niches. The niches ranked include AI news, business documentaries, book summaries, history stories, health and wellness, psychology facts, and self-improvement, each assessed for earning potential and ease of creation. The creator also introduces AI tools for simplifying video production, encouraging viewers to subscribe for more insights.

Takeaways

• 😀 Choosing the right niche is crucial for monetization on faceless YouTube channels.
• 📈 The earnings potential of a niche can vary significantly, affecting revenue from views.
• 💰 A high CPM (Cost Per Mille) can lead to higher earnings even with fewer views.
• 🔍 The speaker compares two videos: one on gaming (500,000 views, $920) and another on self-improvement (45,000 views, $641).
• 🎥 Niche number seven is self-improvement, with an earnings potential score of 6/10 and ease of creation score of 5/10.
• 🧠 Niche number six, psychology facts, has a better ease of creation score (9/10) despite a lower earnings potential (5/10).
• 🍏 Health and wellness, ranked fifth, has an earnings potential score of 6/10 and ease of creation score of 9/10.
• 📚 Book summaries are highlighted as niche number three, with high ease of creation and steady demand.
• 🏢 Business stories and documentaries rank second, with perfect scores for earnings potential and good ease of creation.
• 🤖 Niche number one is AI news and updates, offering the highest potential earnings and ease of content creation.

Q & A

What is the main focus of the video?

The video focuses on identifying profitable niches for faceless YouTube channels in 2024, emphasizing the importance of niche selection for maximizing earnings.

How does view count relate to earnings according to the creator?

The creator explains that a higher view count does not always equate to higher earnings, as demonstrated by two videos with differing view counts that earned significantly different amounts based on their respective niches.

What are CPM and RPM, and why are they important?

CPM (cost per thousand views) is the amount advertisers pay for ad placements, while RPM (revenue per thousand views) is what YouTube pays creators. Both metrics are crucial in determining how much money a creator can earn from their videos.

Which niche had the highest earning potential according to the video?

The niche with the highest earning potential is AI News and Updates, which scored perfect tens across both earning potential and ease of video creation.

What niche is ranked seventh, and what is its score?

The seventh-ranked niche is Self-Improvement, with an earnings potential score of 6 out of 10 and an ease of video creation score of 5 out of 10, resulting in a total score of 5.5 out of 10.

Can you give an example of a successful channel in the Business Stories niche?

Channels like Magnates Media and Company Man are highlighted as successful examples in the Business Stories and Documentaries niche, earning substantial monthly income.

What tools does the creator suggest for video production?

The creator suggests using AI tools like Invid AI, which can help script, edit, and create videos using stock footage, making the video production process more accessible.

What is the average score for the Health and Wellness niche?

The Health and Wellness niche has an earnings potential score of 6 out of 10 and an ease of video creation score of 9 out of 10, resulting in an average score of 7.5 out of 10.

What type of content do channels in the Book Summaries niche produce?

Channels in the Book Summaries niche produce content that summarizes books, making use of stock footage and voiceovers, with some channels utilizing AI to aid in the summarization process.

Why is niche selection crucial for a faceless YouTube channel?

Niche selection is crucial because it directly impacts the earnings potential; different niches have varying CPMs and RPMs, which can lead to significant differences in revenue even with the same number of views.