Although setting up a YouTube channel is rather simple—all you need is a Google account—and you can personalize it by adding some fundamental information that will increase its discoverability, making money off of YouTube is a bit more challenging.
You can start getting paid quite fast, particularly if you have a large subscriber base, even if it’s unlikely that you’ll make hundreds of dollars right off the gate. Nonetheless, it is possible to start getting paid. Your YouTube Studio dashboard will allow you to begin earning money from your videos after you have established your channel and grown your viewership. You may generate even more revenue from your videos by using Google AdSense to advertise products and services. But before we get into it, let’s go over some of the fundamentals of how to enable monetization on YouTube. With this beginner-friendly tutorial, you can quickly get started earning money on YouTube.
YouTube Monetization Standards
YouTube is quite picky about the users it allows to participate in its revenue program. You need to have at least 1,000 subscribers; 4,000 watch hours on your channel (within the past year); and a commitment to abide by all of YouTube’s standards, including the advertiser-friendly content requirements, community guidelines, and terms of service.
Submit an application to become a member of the YouTube Partner Program
When you have completed everything that YouTube asks of you, you are eligible to apply for the YouTube Partner Program (YPP) by following the procedures below: start with YouTube Studio – go to the left navigation bar and select the Monetization option; create an account with Google AdSense and ensure that it is connected to your channel. YouTube will evaluate your channel and communicate their decision to you via email.
Monetization options should be enabled on YouTube
As soon as you’ve been accepted into the YPP, activate monetization for as many of your videos as you can. YouTube will have completed the processing of your clip by then. You will be informed if the system discovered anything that could prevent the video from being monetized, such as extremely strong profanity, adult themes, claims of copyright infringement, and so on. Then, you are able to upload new content.
Here’s how to generate money off of YouTube videos by monetizing them with advertisements: Visit the Studio section of YouTube – To access the content, select it from the menu on the left. After selecting the advertisements that you want to appear on the video and clicking the Save button, navigate to the left-hand menu and select Monetization.
How frequently do you plan to upload videos in order to make money?
To answer your question in a nutshell, you should upload five movies every week. I am fully aware that this appears to be a lot, and believe me, it is! YouTube will begin to recognize you as an authority in a given field once you have uploaded five videos per week that are all related to the same subject. The rationale behind this is that it takes time for YouTube to make this determination. Because of this, your position in search results will continue to improve.
Around the four-month point, you will see an increase in the number of views and subscribers to your channel if you maintain your current release schedule of five videos per week. This indicates that YouTube is beginning to recommend your channel to users who are currently viewing videos that are similar to the content on your channel.
When you release five videos per week on a continuous basis, you will see a surge in your viewership in a few weeks that will be significantly larger than the spike you experienced previously. When this happens, your momentum will really start to pick up, and you’ll be well on your way to obtaining a greater number of views. Every time, you will improve upon your baseline, which will put you on an upward trajectory that is unbroken.
When you have more people viewing your video, you can begin to make money. It may seem impossible to produce five videos every week in order to start making money, but all you actually need to do is set aside four hours per week to work on this endeavor.
You’ll obtain the views and subscribers you need to earn from your YouTube channel if you only have patience and maintain a steady upload schedule of five videos per week.
There Are Several Additional Opportunities to Make Money
- Brand Partnerships and Sponsorship Agreements on YouTube
You can earn money through YouTube brand deals by showcasing a product or service in the videos that you upload to YouTube. You have the option of collaborating with different brands, which can result in increased revenue for your channel and reduced anxiety regarding the AdSense revenue you generate.
To make money off of these transactions, in contrast to the YPP, you do not need 1,000 members or a significant amount of viewing time. Having a greater number of subscribers is obviously beneficial. But what’s more crucial is having a constant viewership and an amazing selection of videos. After you have both, you are able to start looking for sponsorship opportunities on YouTube.
According to the findings of a brief poll conducted on YouTube, producers can earn anywhere from $100 to $4,000 for each sponsored video. Don’t be concerned about the size of your channel when looking for sponsors. There are several types of brand arrangements available for different types of YouTube channels, including those that are tiny, medium, and huge in terms of their influence. Everyone has an equal opportunity.
- Marketing with Affiliate Links on YouTube
You probably weren’t aware of this, but you can actually make money by advertising product links on YouTube. Affiliate marketing is what it’s called, and it’s a very simple way to start making money online. Follow these instructions to see how it all comes together.
Register for a variety of affiliate programs offered by a range of different firms and brands. Receive personalized links to products that you can then share with your audience on YouTube, and earn a commission if one of your viewers makes a purchase through one of those links.
Now that we have everything out of the way, let’s talk about how to use YouTube for affiliate marketing. Joining the Amazon Associates program is something we highly encourage for people just starting out. You will have access to hundreds of personalized links for commonplace products, and adding those affiliate links to YouTube videos (in the part designated for the description) can allow you earn commissions on sales of those products.
Amazon states that associate commissions can be as much as 10% of the total sale price of a product. So, you will make a respectable amount of money if you put some effort into advertising the connections.
- A subscription to a YouTube channel
Members receive access to special content as well as other benefits when they purchase a channel membership. When visitors to your channel click the “Join” button, they are granted access to a variety of additional benefits, including loyalty badges, exclusive live streams, exclusive films, and many more. The creators decide what will resonate most strongly with their target demographic.
Because you have complete control over everything, including the cost, selling memberships on YouTube is an excellent strategy for generating revenue. Creators have the ability to charge their members anywhere from $0.99 to $100 per month.
- Live broadcasts on YouTube
You probably have a lot of questions about how people who stream live on YouTube make money, especially if you don’t stream very regularly. You may use advertisements to monetize a live broadcast in the same way that you can with ordinary videos on YouTube.
Moreover, Super Chats present yet another opportunity to monetize live streams on YouTube. Over the course of a live stream, viewers can send creators money or tips of any amount, ranging from one dollar to five hundred dollars.
If you are a humorous or engaging person, if you often host live broadcasts on YouTube, or if you have die-hard followers who are outspoken in the live chat section, you are in a good position to collect Super Chats (where Super Chats are donated).
- Shorts Videos on YouTube
YouTube Shorts are videos that are only 60 seconds long and were shot on mobile devices. Although it may not be easy to make money off of content like this, they have the potential to become as popular as TikTok videos.
Concerning the monetization of YouTube Shorts, the following information is necessary:
There is a fund called the YouTube Shorts fund, and it pays eligible short-form producers a bonus of up to $10,000 per month. View time from YouTube Shorts does not count against the 4,000-hour criteria for monetizing a channel.
Hence, you may monetize short films on YouTube, although, the compensation is quite minimal. When you want to be taken seriously as a content creator, having a YouTube channel that you can monetize is essential.
I really hope this helps! Good luck!