Part 2/8:
Two faceless channels illustrate the stark contrasts in revenue that can result from niche selection alone. One channel, rooted in the psychology niche, has garnered over 634,000 subscribers and approximately 5 million views in a year; however, it has only earned around $10,000 in revenue. Conversely, a newer channel focused on AI launched in April 2023 with just 97 videos has already achieved over 6 million views, resulting in a staggering $45,000 in revenue. The determining factor? The niches they operate in. The psychology niche offers lower earnings per thousand views (RPM), around $2.50 to $5, while the AI niche boasts an RPM of $4 to $10, demonstrating the importance of selecting a profitable niche.