Do you make videos for YouTube?
Do you want to know how to make money using YouTube?
Monetizing your channel is an excellent place to start if you want to make money from your videos.
You may earn money rapidly with YouTube’s partner program and built-in ad system and I will be showing you how right here, Kindly read this article till the very end.
All you need to get started on YouTube is an internet-enabled device (a computer, phone, tablet) and video editing software.
While you shouldn’t expect to make a lot of money right away, tiny sums build up over time, and the larger your audience, the better the payoff.
The nicest aspect about this method is how simple it is to get started and earn money with it.
Let’s go through how to monetize your videos and some additional options for making money with your content.
If you are wondering how much you could make on youtube, here is proof from one of my channels
A step-by-step approach to monetizing on YouTube
Joining YouTube’s Partner Program is the most common way to make money from your YouTube channel.
To begin, there are a few requirements to get approved into the YouTube Partner Program.
You must do the following:
- Have a minimum of 1,000 subscribers
- In the previous 12 months, you must have
- completed 4,000 hours of legitimate public watch.
- Accept the terms and conditions by signing them.
- Have an AdSense Account
- Get your application evaluated and approved.
- Follow the Community Guidelines on YouTube.
So, let’s have a look at how you may monetize your channel step by step:
- Click your profile symbol on the YouTube site and pick ‘YouTube Studio’ from the dropdown menu.
- Click ‘Monetization’ in the left menu bar.
- You’ll see a ‘APPLY NOW’ button after you’ve completed the prerequisites. Toggle it!
- You must now read and accept YouTube’s terms and conditions.
A word of caution: double-check your location settings; otherwise, you may have issues if your channel isn’t set to the correct nation.
Create an AdSense account.
Simply input your email address, the URL you wish to display advertisements on;
Verify the terms and conditions, sign in to your Google account, and establish your AdSense account.
You must confirm that you already have an AdSense account by logging in and linking your YouTube channel.
If you become a YouTube partner, you may choose to enable advertisements on a per-video basis.
One thing to keep in mind is that advertising income is determined by the number of viewers and where they are located, thus the larger your audience, the higher the revenue.
How much money can you make if you’ve monetized your YouTube channel?
The amount you may earn on YouTube depends on your topic, the number of clicks your ad receives.
Also, the length of your video, where your viewers are situated across the world, and, of course, the number of views your video receives.
It’s worth noting that the typical YouTube pay rate for an ad view is between $0.001 and 0.004.
A well-known YouTuber may earn approximately $18 per 1000 ad views, which equates to $3 to $4 per 1000 video views.
However, earning $1 to $2 per 1000 views is a more reasonable goal.
To put things in perspective, you’ll need over a million views each month to replace a full-time salary.
That’s why so many authors don’t rely just on Google AdSense revenue.
It’s also worth noting that pure video views without advertising can generate income if they originate from YouTube Premium members.
In some situations, YouTube pays the producers a portion of the subscription income.
YouTube takes a 45 percent share of a creator’s Premium revenues, just like it does of ad income.
Other options for monetizing your YouTube channel
You may generate money with your YouTube channel in a variety of methods, some of which are directly related to the YouTube Partner Program (YPP) and others that are not.
Ways to Make Money Using YouTube (YPP)
Let’s take a look at a few of them.
- Paid Content
You may offer access to a specific video using Paid Content.
You may determine the price of the video, but YouTube will take a cut.
This may be perfect for YouTube business channels looking to sell a premium service.
It could work for more intimate channels, but your audience might not like it.
You must agree to a ‘Commerce Addendum’ that covers the terms of service before you may make money this way.
- Super Chat & Super Stickers
YouTube has announced two monetization tools for live streaming: Super Chat and Super Stickers.
A conversation participant can pay money to have their chat message emphasized using these features.
This elevates it above standard conversation and provides you additional reasons to connect with it.
Because if someone is paying you to send you a message, you owe it to them to respond.
These features are fantastic since they allow you to generate more income while connecting with your audience.
- Crowdfunding
If you have a longer-term goal or a dream that you want to pursue, your YouTube audience may be willing to sponsor you if you take them along for the trip.
Your devoted audience may help you realize your ambition of publishing a cookbook, producing a short video, recording a music demo, or spending a year touring the world.
There are several crowdfunding sites, demonstrating that people’s power exists.
To compensate for their support of what may appear to be a weird or insane concept, be sure to provide valuable incentives and a ton of excellent content to your “backers.”
- Use all of your social media outlets to their full potential.
As an added bonus to their YouTube channel, many YouTubers have an active, engaged presence on multiple social media sites.
Depending on the platform and content kind, this is a good choice because you’ll gain more followers and be able to reach a new audience.
Furthermore, businesses may be prepared to collaborate with you on sponsored content across several platforms, such as brand endorsements and product, service, or experience evaluations.
Just be careful of data and analytics; firms will be looking for a return on their investment by tapping into your audience.
When picking influencers, bloggers, and CRMs, brands seek for a balance of audience reach and interaction.
- Use your skills to work as a freelancer.
You may have gained sound videographer abilities as a result of your popular YouTube channel.
This most likely indicates you can build a brand, promote its content, and attract a loyal following.
As a result, firms may approach you (or you may pitch them), offering you jobs based on your qualifications.
This might be freelancing work done for or in collaboration with them.
In any case, you now have a portfolio to demonstrate prospective clients or companies what you’re capable of.
Transform your skills into cash in the bank.
- Offer your products for sale.
You’ve probably created hilarious characters, invented catchphrases, or identified a gap in the market for items that you know your audience will like through your content.
Make this a reality by creating branded items that you can sell online.
These days, there are virtually no boundaries to what you may brand, package, and sell.
Think of some ideas, do the statistics, and ask your audience what they think.
You could have an amazing entrepreneurial spirit hidden inside you that you didn’t even realize!
Check out the merch shelf, which allows qualifying artists to display their official branded stuff on YouTube to help sell it.
The shelf appears on qualified channels’ video sites, however, it may not display on all video pages.
Licensing your video to other businesses and working with brands as an affiliate or influencer are two additional methods to make money on YouTube.
Before you start monetizing your channel;
There are a few things you should know
- You haven’t ‘failed’ permanently if your channel was rejected by YPP.
You have 30 days to reapply, which is plenty of time to resolve any issues with your channel.
- Your application will be reviewed by YouTube in roughly a month.
- When it comes to AdSense earnings, you’ll get 55% of all advertising profits, while YouTube gets the remaining 45%.
- Super Chats and Channel Memberships both have a 70-30 income split.
You’ll earn 70% of the profit, while YouTube keeps 30%.
- Before YouTube delivers money to your bank account, you must earn at least $100, and it might take up to 60 days for the money to arrive.
Become a YouTube SEO specialist
This year is the moment for video creators who haven’t yet built a large following to step up their game and maximize their YouTube SEO.
To do so, do standard keyword research but consider it differently based on what people are looking for on YouTube.
After that, double-check that your video’s title, description, and tags all include high-value keywords.
Once your channel is up and running, you can check the “Traffic Source: YouTube search” report on YouTube to discover what people are looking for when they visit your hosted videos.
For terms like “how to,” “reviews,” “tutorials,” and “funny video,” Google typically delivers video results.
In addition, there are five essential YouTube SEO ranking factors to consider:
- The amount of responses
- Thumbs up to thumbs down ratio
- The percentage of people that click on the results of a YouTube search.
- YouTube SEO infographic
How many subscribers are required to break even?
According to the YouTube Partner Program eligibility standards, you must have 1,000 or more subscribers to be able to monetize your YouTube channel.
You must also have completed 4,000 watch hours in the preceding 12 months and have an active Google AdSense account.
Once you’ve applied and been approved into YPP, you’ll be able to customize ad settings and turn on income for the videos you post.
Frequently Asked Questions (FAQs) On How To Make Money On Youtube
- How can I make money on YouTube without advertisements?
If advertising isn’t bringing in much cash, there are a variety of other ways to monetize your channel.
Listed below are a handful of the best options:
1. Include affiliate links in your video descriptions to promote goods and earn money from each transaction.
2. Sell products, t-shirts, and physical items using an eCommerce platform like Shopify.
3. Make money by selling e-books, online courses, and other digital products.
4. Grow your YouTube audience and find a business to support you.
5. Make advantage of crowdsourcing to raise funds.
6. If you’re an expert in your industry, sell coaching and consulting services and charge an hourly rate.
- Is it tough to make money on YouTube?
It’s difficult to make money on YouTube.
You must have 1,000 subscribers and 4,000 view hours in the previous 12 months to join the YouTube Partner Program.
To figure out how much money you’re generating from advertisements, you’ll need to acquire a lot of views and keep track of your cost per view (CPV).
If you don’t have millions of views, affiliate marketing is a great way to monetize your channel.
You may use your videos to evaluate products or teach others how to use them, and you can include affiliate links in the description.
By receiving commissions on each sale, you may be able to earn more money than your advertising CPV.
I recommend starting a blog and linking it to your YouTube account.
To increase views, you may promote affiliate links on both your YouTube channel and your blog, as well as embed your videos in your blog articles (and help your search engine rankings).
- Do YouTubers get paid for their subscribers’ likes?
Likes are not compensated to YouTubers.
A like, on the other hand, is a type of interaction that can help the video perform better in the long run.
A high search ranking can result in increased traffic to the video, as well as more views and clicks on advertisements.
Conclusion
It is possible to make money on YouTube, but it is impossible to accomplish it just through YouTube.
Establishing your own platform, such as a blog, is essential, as is utilizing YouTube as a secondary traffic source.
One advantage is that, as comparison to organic SEO, YouTube SEO is currently relatively uncompetitive.
You’ll be ahead of the game when the competition heats up in 2021 if you can get in now and start creating traffic.
