It’s no surprise that there are different ways to make money on YouTube. This is true because while there is a very low-entry barrier to begin creating content, there is a variety of ways you can monetize this and start making passive income.
Wondering just how much money can YouTube make you, and if this is indeed an ideal way to make money online – we have a few methods we recommend you explore.
Getting Paid On YouTube The Right Way
YouTube requires that you reach a minimum of 1,000 subscribers and 4,000 hours of view time to be eligible to get monetized. Ideally, you should focus on getting 100,000 and above views (this of course depends on video length) in order to get paid on YouTube.
Ways To Monetize Your YouTube
1. Raise 1,000 subscribers and sign up for the YouTube Partner Program.
2. Become an affiliate marketer for your channel
3. Use brand agreements to produce sponsored content
4. Make your own goods or products and sell them.
5. Use crowdfunding
#1 Raise 1,000 Subscribers and Sign up For The YouTube Partner Program.
Let’s first take care of this one. Passing the 1,000-subscriber requirement is the main barrier to entering the YouTube Partner Program. Once you do, you can start making money from advertisements.
Before you can become a partner, there are a few more conditions that must be met:
Your recordings must comply with the platform’s advertising policies and have received more than 4,000 consecutive valid public watch hours.
- You must reside in an eligible location.
- An account with Google AdSense must be connected.
- When you have fulfilled the conditions, go to the “monetization” area of your profile by clicking on it and applying.
Ads, membership benefits, and services like Super Chat, which lets viewers pay to have their messages highlighted during a live stream, are all ways that you can make money as a partner.
How many YouTube views Do You Need To Get Paid
Per-view payments are not made for videos. Instead, you get paid when someone views or clicks on an advertisement that appears on your video.
According to Influencer Marketing Hub, while payments differ, the typical YouTube channel may foresee earning roughly $18 for every 1,000 ad views. When you take into account the percentage of commercials that are really watched, that comes out to $3 to $5 for every 1,000 video views.
How Much Money Can YouTube Make You?
Once your account balance hits $100, you will be compensated. Let’s assume that 1,000 video views are required to earn $4 from viewers who watched adverts. To earn $100 from those commercials, you would need 25,000 video views.
If your channel is modest, payments might only come in every few months. You should also be aware of how Google handles taxes as it is the company that distributes AdSense payments.
#2 Become an affiliate marketer
If you want to produce product review videos, affiliate marketing may be the most practical approach to monetizing your YouTube visitors. It works in the following way:
You look for a business or vendor that offers an affiliate program, like Amazon Associates, and submit an application to join.
Once you’ve been approved, you’ll use their procedure to build unique links to the goods your videos will highlight.
When uploading your YouTube videos, paste your unique affiliate marketing link(s) in the description section and demo, review, or otherwise mention the products.
As a brand’s affiliate, you will be compensated when a user clicks on your unique link and makes a purchase.
Although earning money on Amazon with Amazon Associates is fantastic, there are countless additional alternatives. Check out affiliate marketing websites like ShareASale and ClickBank to find potential business partners and products to highlight. For direct access to information on how to become an affiliate, you may also browse the websites of your favorite products.
When you shoot your video, remember to properly disclose to your viewers your relationship with any featured sponsors and to direct their attention to the “link in the description.”
#3 Use brand agreements to produce sponsored content
Another approach to making money on YouTube is to secure a brand partnership, which is a type of affiliate marketing: Businesses who are interested in the viewers on your channel might sponsor your videos or give you product placement arrangements in exchange for a shoutout.
The key word here is “audience,” which suggests that when you gain a following, these kinds of opportunities are more likely to present themselves. As your channel expands, you can get in touch with the companies you want to collaborate with directly, or you can utilize tools like the affiliate marketing websites listed above to identify businesses that fit your content style.
With brand offers, you can acquire the goods or service for free, receive lump sum payments, or earn commissions based on sales.
Remember: You must notify YouTube that your video contains paid promotion by checking the appropriate box in the advanced options tab of your video manager if you do include product placement or endorsements.
#4 Make your own goods or products and sell them.
Let your viewers know about any products or services you offer if they are relevant to them by including links in your videos. For instance, Marques Brownlee, the creator of the well-liked tech review channel MKBHD, embeds a link to his own collection of apparel and accessories in each of his videos.
You may need to purchase materials or locate a manufacturer in order to sell a tangible product, but you can also sell downloads like e-books, reproductions of art, or online courses. Before you advertise your products, have a safe payment system in place.
What kind of earning is attainable on YouTube?
This is a difficult question. The answer is comparable to the structure of the music business. YouTube stars with millions of followers stand to make the most, easily reaching seven figures, just like the breakout bands and artists that hit the right note and accumulate exponential popularity.
Forbes.com reports that Stevin John, the creator of the wildly popular children’s channel Blippi, made $17 million in 2020, mostly thanks to the 8.2 billion views and 27.4 million YouTube subscribers he’s amassed. Although that kind of accomplishment is more of an anomaly than the rule, keep going on despite it.
Thoughtful, entertaining videos are more likely to get views, so it pays to put effort into planning and production.
Don’t discount the power of a targeted title and standout thumbnail to attract viewer attention.
It pays to put work into planning and production since videos that are thoughtful and engaging are more likely to be viewed.
Don’t undervalue the ability of a focused title and attention-grabbing thumbnail to draw viewers in.
Conclusion| How Much Money Can You Earn From YouTube
Earning from YouTube was as simple as uploading really good content, gaining millions of views, and partaking in advertising revenue. Thankfully, today, content creators can choose from multiple varieties to monetize their content.