How Can We Get Money from YouTube
Okay, the most obvious way to make money on YouTube is through advertising. To be honest, it’s not the greatest or the only option (Spoiler alert: there are many methods to generate money on YouTube.) With 1.9 billion monthly users, YouTube accounts for 50% of all internet traffic.
However, 500 hours of video are also being posted to the website every minute. You are aware that this post will not discuss how simple it is to purchase a Swiss watch using the advertising revenue from your YouTube views. (However, if your videos have received millions of views, you probably could at least rent one. Hold on, don’t.)
How to get paid on YouTube
1. Earn with ads as a YouTube Partner Program member
Let’s first take care of this one. To make money from adverts, you must sign up for the YouTube Partner Program.
Additionally, you cannot sign up as a YouTube partner until your channel has more than 1,000 subscribers.
A total of 4,000 hours of watch time over the previous 12 months is also required.
The entrance to ad money is opened by checking those large boxes.
Before you can become a partner, there are a few more conditions that must be met:
- YouTube’s monetization guidelines must be followed by your videos.
- You must reside in a qualifying location.
- An account with Google AdSense must be connected.
To track your subscribers and see how the hours pass, go to YouTube Studio and choose the “monetization” section.
When you’re qualified to apply, YouTube will let you know.
As a YouTube partner, you can make money from your content’s viewers who have YouTube Premium subscriptions as well as from commercials and chat features.
In 2023, YouTube will start allowing YouTube partners to also make money from ads on Shorts. Short-form films akin to those on TikTok are known as shorts on YouTube.
How many YouTube views are necessary to get income?
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 anticipate 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 every 1,000 video views.
When will you begin to earn money on YouTube?
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.
An extended journey lies ahead? Here are several additional ways to make money before you reach 1,000 subscribers.
2. Use affiliate marketing to your advantage.
If you want to generate product review videos, affiliate marketing may be the most practical approach to monetise your YouTube visitors. It operates as follows:
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. You can also look for information on how to become an affiliate on 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. Secure a brand agreement and provide the sponsored content.
Brand deals, as they are known in the business, are offers made by companies hoping to reach your channel’s audience to sponsor your videos or provide product placement opportunities in return 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.
Brand partnerships provide you the option to collect one-time payments, commissions based on the number of sales, or even free goods or services.
Remember: You must notify YouTube by checking a box in the parameters of your video if you do have an endorsement or utilize product placement in your video.
4. Sell some merchandise
Let your viewers know about any products or services you supply if they are pertinent 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.
Motivator: Although developing your own items can be more difficult than marketing others’, you may be able to earn more money this way as you’ll be keeping the majority of the sales as the product owner.
5. Present subscriptions
Another method to monetize viewership is through a membership model. Using this strategy, viewers of the channel pay a nominal monthly fee in exchange for benefits and/or special access. Popular third-party membership website Patreon.
YouTube has been gradually introducing its own channel subscriptions function, but in order to use it, you must be a participant in the YouTube Partner Program. As always, more viewers can result in higher sales. One-on-one video chats, private lessons, and other incentives may persuade viewers to sign up as paying members.
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