How to make money from a YouTube channel: the best methods
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Want to be the next YouTube star? Want to monetize your YouTube channel or use it as a side business? Maybe you upload videos to share with friends, family or a larger audience because they like your content.
Ever heard of Monetization? Do you know how to make money from YouTube videos?
YouTube monetization is simply a way to earn money from your YouTube videos. However, you must meet specific criteria and be enrolled in the YouTube Partner Program (PPY) to be allowed to monetize YouTube.
YouTube Monetization Rules and Guidelines
YouTube is very selective when it comes to approving partners for the YouTube Partner Program. The following criteria must be met to apply for the YouTube Partner Program: Check out these 6 YouTube Monetization Requirements:
- Followers 1000: You need at least 1000 subscribers on your YouTube channel.
- 4000 hours of viewing: you must have accumulated at least 4,000 hours (240,000 minutes) of viewing time in the last 240,000 months. This means that viewers only need to watch your videos for 10,000 hours per year.
- A resident of the country where the YouTube Partner Program is available: You must live in a country where YPP exists.
- Link an AdSense account to your channel: To receive payments from YouTube, you must link an AdSense account to your YouTube channel.
- Interest in YouTube monetization policies: rules, including community guidelines, advertiser-friendly content guidelines, and terms of service
- Follow the terms of the YPP : You must comply with all YouTube terms, rules and guidelines at all times. Once you meet these criteria, you can start making money from YouTube.
YouTube Partner Program (YPP)
The YouTube Partner Program is the most common way to make money from YouTube. Becoming a YouTube Partner allows you to place ads on your videos. This way, when someone watches your video and an ad appears, if the viewer clicks on the ad, the YouTube ad revenue stream will be split between you and YouTube. The payment process is carried out through the Google AdSense program.
The best way to get views is to create high-quality content, because today’s audience is less trusting and attention to detail. As long as our content adds value, they will continue to follow. Also, don’t forget to upload videos regularly. Consistency goes a long way.
11 ways to monetize your YouTube channel
Apart from the above mentioned, there are other ways to monetize YouTube videos for your videos. They are explained below for your convenience.
Affiliate Linked AdSense Account #1
Sign up for affiliate program and earn easy money. Once you sign up, you will receive a commission if you promote the product through your content.
An affiliate link may direct customers to a featured product or service. You must promote this product through your videos and put this link in the description of the video for viewers to enter.
Ideas for promoting a product or service in your video might include:
- Product or service review
- Product packaging
- A practical guide showing how to use the product.
- Crowdfunding
- Sponsored Videos
- Live-streamed events with the brand.
- Paid Ads
- Promotion of a particular product or service
- Demonstrating the features and benefits of a product or service
Don’t forget to include a disclaimer to let your followers know that you will receive a commission if they use the link you provide. You will receive a commission and earn money for every sale made through your link.
You can find products related to your content niche or simply add yourself to affiliate networks like click bank, amazon associates, etc.
#2 Become a YouTube Influencer
Influencer marketing is when an influencer promotes your product and people buy it based on the influencer’s trust. Influencers have a number of followers who trust them completely.
Brands are now using digital marketing like this to reach their target audience. If your content reaches the target audience and you have a large number of subscribers, it will be easy for you to find partners and earn money.
It can be more difficult than it seems. So, to find the right companies, you can use an effective marketing agency to bring you the most visibility possible.
#3 Channel Subscriptions
Viewers can get channel subscriptions for exclusive benefits like watching exclusive videos by paying monthly. You can create five levels of YouTube subscriptions for your viewers. The fee can range from $0.99 to $100 per month.
However, you must be over 18 years of age and your YouTube channels must have more than 1000 subscribers. You must also be part of the YouTube Partners Program.
If you violate the Community Guidelines or terminate your YouTube account, your members will receive a refund of the last payment made.
#4 Content License
If you have a viral video, you can license your content as a content creator to anyone who wants to use that video for video marketing. They must pay to use your content.
You can also post your popular videos to specific markets, making it easier for companies to find you. If they find your YouTube content relevant, you can easily earn money.
#5 Monetize YouTube Short Films
YouTube shorts are short videos with a maximum length of 60 seconds. If you qualify for the fund, you can get the YouTube Shorts Bonus.
YouTube shorts are similar to other social media channels like Instagram reels.
#6 YouTube Premium Income Stream
YouTube Premium subscribers don’t see video ads because they pay monthly to watch ad-free content. In such a case, YouTube shares a percentage of the subscription revenue with the content creator. This will help you earn money on YouTube.
#7 Sell Online Courses
With a subscription service, you can offer your skills to people by creating videos such as online courses. If you can provide high quality videos with real value to your viewers, they will easily invest and buy your system. In return, you can earn money on YouTube.
#8 Selling merchandise
Let’s say your YouTube videos are performing very well and you have a large YouTube audience that is loyal to your YouTube channel. In this case, a shirt, hat, notebook, etc. you can definitely make money by selling goods like So you don’t have to wait for users to increase your viewing hours. Simply upload your designs to online platforms like Printify and subscribers can receive them in the mail without you being involved in the entire process. This is a great way to get exposure both online and offline.
It’s easier to earn more this way, but you must be 18 years old and have 1000 subscribers or an official artist channel to use the merchandising feature.
#9 Live streaming on YouTube
You can earn money from live streaming with ads like video. Additionally, Super Chat or Super Stickers are available if you are a YouTube Partner.
During live broadcasts, your viewers can send you donations or supercheats ranging from $1 to $500. If you have a loyal following, it will be easy to make money from live streams.
#10 Crowdfunding
You can get funds for your channel using crowdfunding. However, some of your followers may not be happy.
However, if you provide high-quality video content, people will be more than happy to send money to YouTube creators. Websites like Kickstarter or GoFundMe can help you raise funds.
#11 Drive traffic to your blog using YouTube videos
You can create a blog using the same name and logo as your YouTube channel. YouTube ads cost moneytherefore, this method allows you to promote your content at no cost.
YouTube ads or monetized blogs can drive users to learn more and dig deeper into your niche. The more followers you have, the easier it is to make money.
How to enable step-by-step monetization?
First, log in to your YouTube account. In the upper right corner, click the profile icon to access your account. Select YouTube Studio. Select Monetization under Other Features from the left menu.
Read and agree to the YouTube Partner Program Terms. Create a new Google AdSense account or sign in to an existing account.
Finally, define yourself YouTube monetization preferences. You can configure it for an individual video or multiple videos.
After verifying that you meet the specified requirements, YouTube may take a long time to confirm your account, but it’s worth the wait.
If YouTube does not approve your request, they will provide you with a detailed description of the changes that will be made to your content. After making the necessary changes, you can reapply after 30 days.
