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A while back I talked about how to use video content to get more traffic, page rank and search engine positioning to your blogs or websites.

Today I want to talk to you about using that same video content to earn money online.

How much money?

We’re not talking small-potatoes-split-the-adsense-click revenue stuff here. You could make up to $400 per video, $2,000 for flash animations, and you can even make money with your photos.

All content has to be original, of course, and there are other stipulations on the content (mostly dealing with copyright, but also regarding popularity of your content).

Got Video?

The types of video that could earn you money are numerous - but these wouldn’t be the advertisement type disguised as a how-to. No, these videos are entertaining, expose, or truly valuable tutorials that people rate, vote on and share.

If you own copyrights to such content check out these sites:

Break.com - seems to pay the most right now, has an alexa ranking of 310 and Google PR of 6. You can also use Break.com to host your videos and have them stream into your own sites (saving you bandwidth).

Second choice is up-and-climbing Lulu.tv with an innovative revenue share model. Here’s how it works: 80% of all ad revenue for the site goes into a pool every month. At month’s end all shareholders receive their ‘take’. Lulu uses this example: If their site videos attracted 1,000,000 viewers and you got 10,000 of those viewers that’s 1%. So you get 1% of the cash pool. They state that this month the pool is 5,000 (1% of 5,000 is 50).

What’s not clear here? What Lulu means by ‘you get’ those viewers (your video attracted an ad view? an ad click? a user account? what?) and what currency are we talking - I’d definately work much harder for 50 pounds than 50 dollars, etc. LuLu’s FAQs are not clear. However Alexa tells me that their traffic rank is 77, 875 (a wild guess suggests 1,000-1,500 uniques a day).

Flixya.com was another one worth mentioning, but the rewards program has been suspended until further notice but once offered prizes such as nanos, psps, and even MacBook Pros.

At the moment you can still make a cut on the the Adsense revenue share (which really doesn’t make any worthwhile use of your time given that you could earn so much more for your efforts elsewhere). Better news about Flixya is that they are about to release version 2 which will include personal spaces and a 100% Adsense revenue share. With an alexa rank of 14,489 and a PR of 6 on the home page there is potential for bringing some foot traffic to your site. (It is unknown at this time whether the new version will employ ‘nofollow’ tags.)

If these three don’t appeal to you, below is a list of video hosting sites that have varying revenue share options (while we all continue to wait for YouTube to get it’s act together on this).

Finally, there is a great conversation on TechCrunch about this right now (TechCrunch currently has javascript errors on their site so you may need to refresh their page twice to view the article and comments).

List of revenue sharing video sites:

• MetaCafe
• www.revver.com
• www.eefoof.com
• www.nelsok.com
• www.filmaka.com

I’m certain there are many more. If you know of any - that offer excellent rewards, prizes or payouts - please share them with other readers in a comment.