In an episode of Seidman spill your guts or fill your guts Vic Starr was put on the spot how much have you earned from Minecraft servers this interested me enough to do a bit of digging how did Victor earn two million pounds from his Minecraft servers and its most likely Pounds and not US dollars considering Vic stars from the UK at the time of recording this video the exchange rate mu make two million pounds equates to two point five two million u.s. dollars the YouTube algorithm promotes videos that people subscribe to while launching so please consider subscribing and Hitting that notification bell to help a homie outs so how does he do it well Victor has multiple YouTube channels one of which is specifically dedicated to Minecraft contents vikkstar123 HD if we look at the most recent videos he’s posting under most of them the first three lines of the description are one The IP of the minecraft server the second link being to a downloadable minecraft client and the third link being to the store of that minecraft server it’s safe to assume that the store is the main generator of income so let’s take a look at what these purchase options look like welcome please select A category to begin browsing or packages for sale these are the categories of online purchases secure payments by paypal mastercard visa discover and American Express they are increasing their potential customer base by having more payment options Smart’s ranks so the smallest of ranks Tier one is 13.5 dollars whereas the Highest one is 121.5 US Dollars and this actually says a lot companies small business people will modify the price of their products depending on what their audience is capable of buying if you put a price too high very few people are going to buy so you won’t maximize Your profits if you put the price too low you’ll have a lot of people buying but you could have sold it for a higher price leaving in a larger amount of money spent so finding that middle ground is important for businesses to maximize profits and if this is the Middle ground that Victor has I mean that is a lot of buying power from his audience let’s go through a few other online products player kits 31.5 USD 20 2.5 USD loot boxes okay no packages to display in this category slot tickets 8.1 USD 27 USD 14 USD and you have a lot More options so we can’t be entirely sure of when Vic started advertising his Minecraft servers however I did go back in his youtube upload history and the earliest video of his vicar EFT series was approximately six years ago so we can use that as a baseline with the information we’ve gathered thus far We’re able to do a bit of math so within those six years there have been two thousand one hundred and ninety days all those two million pounds well that equates to million five hundred and twenty thousand US dollars and divide that by the amount of days That it took to accumulate that and you have one thousand one hundred fifty fifty one ish US dollars gained per day now from what we’ve seen of how the prices look in the store page we can make an estimate of the average value of a purchase by any individual user on a Given day could be around 30 US dollars so let’s divide this amount by 30 and here it reaches that approximately 38 paying users go to the website each day now this is an average and it’s not very unrealistic because if you think about it Victor has over three million subscriber Utters on his channel and he not only advertises his minecraft server in the description but he’s playing minecraft while advertising it so imagine you’re watching a youtuber who’s doing a vlog and then he randomly promotes a watch that you could buy well that might interest you whereas the people that are watching Minecraft would be more likely to buy something minecraft related so overall a very profitable marketing strategy on the part of vixx star the YouTube algorithm promotes videos that people subscribe to while launching so please consider subscribing and hitting that notification bell to help a homie outs I Hope you all enjoyed the video if you did do let me know in the comments and if you didn’t also feel free to let me know in the comments love you all peace out and until the next video Video Information
This video, titled ‘How Vikkstar123 made $2,000,000 from owning Minecraft Servers’, was uploaded by Qubit on 2020-03-18 16:05:29. It has garnered 302206 views and 10304 likes. The duration of the video is 00:05:27 or 327 seconds.
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