(Last Updated On: February 27, 2020)
1Rod1ReelFishing Net Worth – $1 Million
1Rod1ReelFishing is a popular YouTube channel created by an American guy named Michael Hsiao. He has generated an estimated net worth of $1 million from the platform. His content is basically about fishing. He does fishing for bass and other species using a variety of lures and techniques in lakes, ponds, rivers, creeks, reservoirs, oceans and bays around the Northeast and all over the country. He started actively posting on YouTube in 2016 and currently posts an average of two videos a week.
How Much Money Does 1Rod1ReelFishing Earn On YouTube?
The channel has over 1.4 million subscribers as of 2020 and has accumulated over 350 million views so far. It is able to get an average of 120,000 views per day from different sources. This should generate an estimated revenue of $600 per day ($220,000 a year) from the ads that appear on the videos.
YouTubers get paid $2 – $7 per 1000 monetized views after YouTube takes its cut. Monetized views range from 40% – 80% of the total views. All these are influenced by several factors like device played on, the location of the viewer, ad inventory, how many ads there are on a video, how many people skip the ads, type of advertisement, ad engagement, type of content etc. The cost of an ad view is based on an auction between advertisers based on views. Advertisers have to bid a minimum of $0.01 per view.
There is also a program known as Google Preferred where deep-pocketed companies can target ads on the top 5% most popular content. The ad rates here are higher than normal. Apart from ads, YouTubers also generate extra from YouTube Red viewers who pay a monthly fee to view premium content on YouTube plus watch videos without ads. Here they get paid based on watch time on their videos. The longer the viewers watch their videos, the more money they earn.
Michael makes extra income through brand deals from different companies willing to sponsor his videos. He has worked with brands like Googan Baits, Mystery Tackle Box etc.