How to earn money on YouTube – 7 Realistic Tips

How to earn money on YouTube – 7 Realistic Tips

By submitting an application and getting approved for the YouTube Partner Program, you can make money on YouTube. It might only be possible for channels to monetize if they go by our YouTube channel monetization guidelines.

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How to earn money on YouTube

A few Notes 

• While we won’t restrict what you can make on YouTube, we do have an obligation to treat our users, content producers, and sponsors fairly. You can make money on YouTube if you are a member of the YouTube Partner Program. We expect more of you when you participate in the YouTube Partner Program.
• Before we allow you into the YouTube Partner Program, we analyze your channel to make sure we’re compensating quality producers. In order to ensure that you are adhering to all of our rules and regulations, we also continuously monitor channels.
• Learn more below. You might have to pay taxes on the money you make from YouTube. How to earn money on YouTube

Ways to make money in the YouTube Partner Program

You can make money on YouTube through the following features:

• Advertising income: Receive money through Shorts Feed and Watch Page advertisements.
• Shopping: Through the YouTube Shopping affiliate program, your customers can peruse and purchase items from your store or products you tag from other brands.
• YouTube Premium Revenue: Receive a portion of their monthly subscription price when they see your material.
• Channel memberships: Your members receive exclusive benefits in exchange for regular monthly fees.
• Super Chat & Super Stickers: In live chat streams, your followers can pay to have their animated images or phrases emphasized.
• Super Thanks: Fans pay to see an entertaining animation and have their message highlighted in your video or in the comments section of your short.

In addition to the prerequisites for subscribers and views, each feature has additional qualifying restrictions. Some features might not work if our reviewers think your channel or video isn’t eligible. There are two main purposes for these additional thresholds. The primary need is to adhere to all applicable laws in each location where the function is offered. Next, we must ensure that your channel has adequate context because we want to provide good creators’ rewards. This context typically indicates that we need to review further stuff. How to earn money on YouTube

Remember that we monitor channels continuously to make sure that the content you post complies with our regulations. How to earn money on YouTube

Minimum eligibility requirements to turn on monetization features

Following your acceptance into the YouTube Partner Program, you might be able to use the following revenue-generating tools: How to earn money on YouTube

Requirements:

Ad revenue

• Be at least 18 years old, or have a legal guardian older than 18 years of age who can handle your payments via AdSense
• Live in a country/region where YPP is available
• Accept the relevant contract Modules
• Create content that meets our advertiser-friendly content guidelines

Channel memberships

• Be at least 18 years old
• Live in a country where channel memberships are available
• Have accepted the Commerce Product Module or formerly available Commerce Product Addendum
• The channel isn’t set as Made for Kids and doesn’t have a significant number of ineligible videos. Videos set as made for Kids, or videos with music claims are considered ineligible
• Not a music channel under SRAV
• Full requirements can be found here

Shopping

To promote your own products:

• Channel meets YPP subscriber threshold or is an Official Artist Channel
• The channel isn’t set as Made for Kids and doesn’t have a significant number of videos set as Made for Kids
• Channel doesn’t have a significant number of videos that violate our Channel Monetization Policies
• Your channel hasn’t received any Hate Speech Community Guideline Strikes
• Full requirements can be found here

To promote products from other brands:

• Channel has 20,000 subscribers
• Live in KR or the US
• The channel is not a music channel, an Official Artist Channel, or associated with music partners. Music partners may include music labels, distributors, publishers, or VEVO.
• The channel isn’t set as Made for Kids and doesn’t have a significant number of videos set as Made for Kids
• Full requirements can be found here

Super Chat & Super Stickers

• Be at least 18 years old
• Live in a country/region where Super Chat and Super Stickers are available
• Have accepted the Commerce Product Module or formerly available Commerce Product Addendum
• Full requirements can be found here

Super Thanks

• Be at least 18 years old
• Live in a country/region where Super Thanks is available
• Have accepted the Commerce Product Module or formerly available Commerce Product Addendum
• The channel is not a music channel under SRAV
• Full requirements can be found here

YouTube Premium revenue

• Accept the relevant contract modules
• Create content watched by a viewer who is a YouTube Premium subscriber

How to earn money on YouTube

How to earn money on YouTube – 7 Realistic Tips

1. Join the YouTube Partner Program

Ads are probably the first revenue source you’ll look into. Enrolling in the YouTube Partner Program (YPP) and establishing monetization is an essential first step, regardless of whether you want to make money on YouTube as a content provider or without making videos. How to earn money on YouTube

You must live in a nation or region where the YPP is offered and consent to abide by all of YouTube’s monetization standards. Once you have 1,000 subscribers and 4,000 watch hours in the last year, or 1,000 subscribers with 10 million legitimate public Shorts views in the last 90 days, you can then submit an application for monetization. How to earn money on YouTube

• To activate YouTube monetization, follow these steps:
• Log into the YouTube account that you wish to make money from.
• Select your account symbol located in the upper right corner.
• Tap the YouTube Studio icon.
• Choose Other Features > Monetization from the menu on the left.
• Read the terms and eligibility requirements of the YouTuber Partner Program and sign off on them.
• Link an already-existing Google AdSense account to your channel, or create a new one. (To be paid, you must have an AdSense account.)
• Determine how you want to be monetized.

After completing that, return to the dashboard and select the Analytics option from the left side menu. To get your expected YouTube revenue from there, select Revenue from the tabs at the top and then scroll down to the Monthly Estimated Revenue chart. How to earn money on YouTube

2. Sell products or merchandise

Selling a wide range of goods is a great way to monetize your YouTube channel. There are advantages to selling merchandise, such as t-shirts, coffee mugs, tote bags, snapbacks, and more, outside just making money. How to earn money on YouTube

By bringing your online character and brand IRL, merchandise broadens your audience and strengthens your bond with your followers, who become actual “buyers” of your work. In his store, creator Roman Atwood offers a range of goods under the Smile More banner.

It’s not as hard as it might seem to sell branded merchandise. You can use freelance websites like Fiverr to acquire reasonably priced designs customized for particular products, like t-shirts.

You can also integrate your store with services like DSers or any of the numerous print-on-demand providers to handle order fulfillment, shipping, and customer service, allowing you to enjoy all the advantages of a print-on-demand business with less work on your part.

As an alternative, you can collaborate with an established network for creator merchandising, like DFTBA (Don’t Forget to Be Awesome). You will, however, have less control over adding products, providing discounts, integrating your content, and enjoying all the benefits of having your own e-commerce website in addition to having to compete with other YouTubers.

You can even go one step further and produce and market your own exclusive goods, using your YouTube channel to drive sales of your hair extensions in conjunction with how-to videos on hairstyles, as Luxy Hair did. How to earn money on YouTube

Other store owners would be envious of the two advantages you will have right away as a YouTuber who has already gained an audience:

• A content engine that regularly brings customers to your business.
• The confidence of your audience, which you have gained by consistently providing them with free material from your own brand

3. Crowdfund your next creative project

Crowdfunding is a good approach to bringing an idea to life when the only thing standing in the way is money. How to earn money on YouTube

If your idea is strong enough, you can ask your own audience and the crowdfunding community for assistance with paying upgrades to your equipment, recruiting performers, or other production expenses. How to earn money on YouTube

Consider creating a video to explain your project or give a preview of what it will be like. Numerous successful crowdfunded creative projects have a sneak peek or “trailer” that gets people excited. One such example is the well-liked Kung Fury Kickstarter, which is a short film that pays homage to 1980s action movies. How to earn money on YouTube

4. Let your audience support you through “fan funding”

You can create “fan funding” channels to collect donations from your audience in a manner akin to crowdsourcing a project.

As a creative, you are giving the internet your voice without charging entrance to your audience. Therefore, if you’re providing high-quality material, your audience may be more likely to stick with you over time. How to earn money on YouTube

Fan-funding platforms provide creators with an additional platform for their content to be discovered, as well as an opportunity to interact with and thank their most devoted fans.

Although Wait But Why produces more long-form written content than YouTube videos, it is an excellent illustration of how the Patreon community can support a creator. 

If you decide to go the crowdsourcing route, make sure you adhere to a few recommended practices. Establish transparency on the allocation of funds first. Your fan following will become engrossed in your narrative or purpose as a result, and they will actually begin to value your work. How to earn money on YouTube

Second, provide alluring incentives for more generous commitments. Your chances of receiving donations and larger pledges increase the more you can give supporters the impression that they are receiving something special as a thank you for their support.

How to earn money on YouTube

5. License your content to the media

You can get paid to license your content if you manage to make a widely popular viral video, like amusing footage of your dog. If your films become viral, you may receive inquiries from other creators, TV news stations, morning shows, and internet news sources for usage rights. How to earn money on YouTube

You can also list your movies on a marketplace where the proper individuals can find and buy them more easily, like Jukin Licensing. Numerous media sources expressed interest in the woman wearing a Chewbacca mask after this video went viral. How to earn money on YouTube

How to earn money on YouTube

6. Work with brands as an influencer

Brands are allocating a growing portion of their usually substantial advertising budgets to influencers who have already gained audience loyalty through influencer marketing and sponsorships.

If you can work out the proper deals, this presents you as a creative with enormous opportunities. How to earn money on YouTube

Influencer and YouTube marketing specialist Brendan Gahan suggests multiplying the number of views your videos usually receive by $0.05 to $0.15 per view to determine your baseline flat charge (which is roughly what many marketers are prepared to pay for views via YouTube advertisements). How to earn money on YouTube

WebFX research indicates that the following could be charged for YouTube influencer marketing:

• For a YouTuber with 1,000 subscribers, $20 per video
• For a YouTuber with 10,000 subscribers, $200 per video
• A YouTuber with 100,000 subscribers may earn $2,000 for each video.
• A YouTuber with one million subscribers would get $20,000 for each video.

If the brand is a good fit, you might be able to negotiate better pricing based on your leverage, which includes your audience demographics, the caliber of your content, and how profitable and distinctive your niche is. How to earn money on YouTube

When collaborating on brand-sponsored material, it’s important to be open and honest with your audience about your motivations. You should also avoid endorsing anything you don’t genuinely like or believe in. How to earn money on YouTube

Just a few of the numerous influencer markets where you may list your channel and attract the attention of major and small brands are as follows:

• CrowdTap. Fulfill short “tasks” related to content development in exchange for cash and other incentives. The number of followers you can join with is not limited.
• Upfluence: a comprehensive influencer platform with more than 3 million influencers in its database. Through Upfluence, clients may look for creators based on keywords and get in touch with them to establish a collaboration. How to earn money on YouTube

While some influencer marketplaces are renowned for having large businesses that are prepared to pay more, others provide you with free stuff. Take advantage of the chances that best fit your requirements, but make sure to include yourself everywhere you can to give your channel the most exposure possible.

How to earn money on YouTube

7. Become an affiliate marketer

Affiliate marketing is the process of gaining a commission by endorsing a good or service produced by a different company. You can work as an affiliate marketer for brands, promoting them through endorsements, product placements, and other kinds of content. You must, however, make viewers aware of the partnerships in your videos. How to earn money on YouTube

This is particularly effective if you use your YouTube channel to review products. The bar to entry is typically low because there is no risk for the company (they only pay when they make sales).

Popular affiliate program ClickBank offers commissions ranging from 1% to 90%, contingent on the vendor’s terms. In the e-commerce industry, it is not unusual for firms to have their own affiliate programs. You can also get in touch with these brands. How to earn money on YouTube How To Earn Money From YouTube