We can’t ignore the ever-increasing need for video content. Over 12 billion minutes of video were viewed online in 2020, and that number is expected to grow.
So, are you a digital creator who wants to know ways to monetize your Youtube channel? This is the perfect time for creators to learn how to make money
We’ll go through what YouTube monetization is, what it takes to get your videos there, and how to start making money off of them.
What Is Youtube Monetization?
Monetizing your videos on YouTube means you may earn money from them. Getting your videos to earn money on YouTube requires meeting criteria and signing up for the YouTube Partner Program (YPP). There are also many other ways you can make money from Youtube besides just running ads that we will cover below.
The YouTube guidelines for monetization state that you need to have:
- 12 months totaling 4,000 hours of watch time
- A channel with at least a thousand subscribers.
Creating engaging videos and spreading the word about your channel are surefire ways to attract more viewers.
There are further steps needed to activate and monetize your channel. That’s what the following part is going to be about.
Sign up for YouTube’s Partner Program today!
Joining YouTube’s Partner Program is the first step (YPP).
In order to make a decision, YouTube can take up to a month to decide. A delay of more than a month is possible due to the fact that YouTube employs real people to assess each application.
The YPP has the following minimal qualifications for membership:
- Your channel has at least a thousand subscribers.
- Over the past year, you have logged at least 4,000 hours of public watch time.
- You are a resident of a country where the YouTube Partner Program is accessible.
- Your AdSense account and YouTube channel are linked.
- There are currently no Community Guidelines strikes against your channel.
- You are in compliance with YouTube’s guidelines for monetizing channels.
- A YouTube channel’s connected Google Account must have 2-Step Verification enabled for added safety.
Youtube copyright and monetization blunders to avoid
Always remember to follow YouTube’s guidelines on copyright and monetization. Videos that you don’t create yourself or have permission to use shouldn’t be shared online. Additional forms of media, such as music or audio tracks, written works, and videos, are also protected by copyright.
If you are found to be in violation of any of the rules, you may be subject to the following:
- Eliminating Commercial ads from Your Videos
- Disqualification as a YouTube Partner
- The Possibility of Having Your Account Closed
YouTube promises to always send an email when a user is reported for policy violations. Additionally, they will inform you of the choices you have.
YouTube Monetization Rejection
When a channel application is denied, YouTube explains which guidelines were broken. Just relax if that’s the case. After 30 days have passed, you are free to reapply. In order to succeed the next time you apply, you should use this rejection as motivation to work on your channel.
Many channel’s have problems with “reused” and “repetitive” content. In this case, you probably have to go through every video to ensure you meet the guidelines.
10 Ways To Monetize Your YouTube Channel
Lets get into the top 10 ways to monetize Youtube channel’s.
1. Ads on YouTube
Ads before and during your videos are the “conventional” approach and one of the most popular ways to monetize your Youtube channel.
Once you’ve signed up for the YPP, you’ll have the option to monetize certain videos or your whole channel with ads. Don’t forget that in order for your videos to have adverts on YouTube, they must adhere to the site’s content restrictions.
You may manage where advertisements appear in your videos using the various ad formats provided by YouTube.
2. Paid Sponsorships
Brands and companies will often “fund” or “support” content creators in exchange for positive mentions or demonstrations of their products in online videos. Sponsorships from companies are mutually beneficial for creators and their audiences.
This is one of the best ways to monetize your Youtube channel because you can charge a big sum of money to companies to promote their product.
Sponsorships are challenging to get but offer substantial benefits if obtained. If you have a popular channel and a sizable subscriber base, you may be able to convince established companies in your field to sponsor a video.
Showing businesses your previous work, YouTube data, and engagement rates might help you land a sponsorship. Give them an example of how your material will benefit their company.
3. Affiliates Partners
Affiliate marketing is another option for making money off of your videos on YouTube.
Just how does it function, then? Participating in an affiliate marketing program allows you to earn commissions by referring customers to a brand’s website. Assuming the user completes the transaction, you will receive a commission.
Affiliate programs produce supplementary income, however, they are not as profitable as paid sponsorships. You may sign up as an affiliate marketer for a company whose items you already use and then give your audience a coupon code for a discount.
Every niche has affiliate marketing opportunities. From real estate affiliate marketing programs to beauty and makeup affiliate products, you can find almost everything to promote and make money from.
Affiliate marketing is one of the best ways to monetize your Youtube channel, especially when you review the products in your video. Having the affiliate link in your description will allow your audience to purchase, making you some extra money.
4. Channel Membership
Subscribers to a YouTube channel pay a monthly fee in return for access to premium features and content. Members of a creator’s channel may receive special benefits from the creator, such as discounts on the creator’s products, personal live chats with the creator, or access to exclusive content.
Channels need at least 1,000 subscribers to activate this function, and the creator sets the membership costs.
5. Patronage
Digital producers, artists, authors, and enterprises with a dedicated following may reward their fans with exclusive access and other benefits by using a service like Patreon.
Patreon is like a YouTube channel membership in popularity among YouTube producers and companies. Regardless of how many people sign up, though, you may provide a variety of benefits to each membership tier. Offer them access to exclusive features and material, such as behind-the-scenes footage or early access and personalized attention.
Check out our guide on the 10 best patreon alternatives if you are looking for more programs like it.
6. Merchandise
If your channel has over 10,000 subscribers, you may use the “merch shelf” feature on each video page to sell your wares. Selling branded products to your YouTube subscribers is a great way to generate additional income if you’ve already established a solid fanbase.
Useful for YouTube content providers who want to sell products to their fans but don’t have their own websites. You may expand your business into new markets thanks to the 45+ retail sites and merchandising networks that we assist throughout the globe.
7. Top-Notch Extras: Super-Duper Chat, Stickers, and Appreciation
While watching a Livestream on YouTube, you may have observed that certain chat messages are emphasized more than others.
YouTube allows producers to use Super Chat during live broadcasts and premieres. Your viewers may pay anywhere from $1 up to $500 to have their comments highlighted during a live broadcast.
As such, Super Stickers may be used in the same way as Super Chat. Checkout this answer managing super chat and super stickers.
Users can exchange entertaining stickers with one another as opposed to exchanging chat words. In order to gain their favorite creator’s attention, these stickers are pinned to the top of the conversation stream.
Super Thanks is a way for fans to publicly thank their favorite artists. Donating only a few dollars gets you an animated GIF and a prominent comment in the Livestream conversation.
Super Thanks may be purchased by users on any posted video, not just live streams and Premieres, unlike Super Chats and Super Stickers.
These are wonderful tools for online content makers or companies who provide instructional or informational videos. These Super features not only provide a supplemental cash stream but also provide your most dedicated audience members a way to publicly express their appreciation for your work.
8. YouTube Premium
When you sign up for YouTube Premium, you have access to a number of extra features. Access premium material without interruption from ads, download videos and set them to play in the background, all without having to pay a subscription fee.
What does this mean for making money, then? When YouTube Premium users view their videos, will the producers still get money from ads? Good news, that’s correct.
YouTube claims that, like ad revenue payments, subscription revenue payments are dispersed to artists on the first of every month. Naturally, the sum will be determined by the number of times your videos are seen by Premium subscribers.
9. YouTube BrandConnect
Brands may collaborate with YouTube producers on content initiatives with YouTube BrandConnect. When it comes to a creator’s endorsement of a product, their audience is more likely to take them seriously. And YouTube channels and companies may form partnerships with the use of BrandConnect.
10. Youtube Shorts Monetization
The latest monetization to come from Youtube is shorts monetization. To be eligible, you need 1000 subscribers and 10 million views every month. This allows you to receive a share of the ads revenue that runs between the Youtube shorts videos.
Conclusion
These are 10 ways to monetize your Youtube channel. From participating in the Youtube partner program and running ads on your channel, to Youtube short affiliate marketing, there are many ways you can utilize to monetize your Youtube audience. Comment down below if you have any experience with monetizing your Youtube channel.
