With a lot of opportunities online, people are looking for ways to make money on the internet. And with the rise of influencers on social media, you can make money doing what you love as well as make money on YouTube.
Yes! You can also make money on YouTube. By creating educative content as well as contents people enjoy watching, you are on your way to the top with your YouTube channel.
What is YouTube?
Before we dive into how to make money on youtube, let’s discuss what YouTube is all about.
YouTube is a video sharing app or service where videos are uploaded and users watch, share, like and comment on them. These videos can be accessed through mobile devices, PCs, laptops, tablets, etc.
YouTube is a free service where you can discover a lot of things you desire. You can watch music, movies, recipes, online marketing, guides, etc. Users can subscribe to their favourite blogger’s channel or any influencer they find interesting.
Benefits of YouTube
Before having a look at how to make money on YouTube, let’s talk about the benefits
√ Users can subscribe to YouTube channels of vloggers they find interesting
√ One can create a personal YouTube channel
√ Users can search and also watch videos
√ You can upload videos on your YouTube channel
√ You can like, comment as well as share other YouTube videos
√ You can create a playlist and organize your videos in them.
√ It provides a way to store videos and also share them with people online.
√ It covers a lot of topics people care about so it’s easier for them to watch and also learn.
How to make money on YouTube
I will be sharing few ways by which you can make money on youTube.
√ Join the YouTube partner program:
This is how YouTubers get access to premium features.
Being a partner makes it easier to make money on YouTube.
YouTube partners have access to few streams of income: youtube video ads, YouTube premium subscription fees.
To enjoy all these, you have to
~ How to Start up a YouTube channel:
You need to have a Google account. With it, you will set up a personal account or brand account for your business.
Go to the YouTube account page, click create a channel, enter your name for your account and you are in.
Read more: How to create a YouTube channel
~ Make your YouTube meet the YouTube partner requirements:
You have to get 1000 subscribers and 4000 watch hours in order for you to join the program.
~Set up your own Adsense account
Your AdSense account only becomes active when you have gotten an Adsense.
~Explore new monetization features which also have different requirements:
° Ad revenue:
You must be 18 years and above to earn revenue and also create advertiser-friendly content.
° Youtube premium revenue:
You also make money on YouTube if a premium member watches your video. You earn a portion of their subscription fee
° Channel membership:
You need to be 18 years with 30,000 subscribers in order to sell your channel membership to subscribers.
~Submit to ongoing reviews:
Follow the YouTube policies and community guidelines. And as a YouTube partner, your channel will hold in high standard too.
Read more: YouTube Partner Program Eligibility
√ Sell your own Merch:
This is another way to make money on YouTube(Merchandise)
You can design your own product but let it connect you with your audience. Try and also find out what your audience like. Doing a poll can also help.
Source for the product. You can meet a wholesaler or manufacturer who can make and deliver the product for you.
You can have your own website to handle purchases. To link it to your video, you must be aware of the YouTube approved merchandise site.
Then promote your videos.
√ Create sponsored ads:
Sponsored ads are advertising. Be transparent when advertising to your audience. Though there is a feature on YouTube to make your audience aware it’s a paid promotion.
You can make money on YouTube by partnering with brands. You create videos for such brands and get paid.
√ Become an affiliate:
You can become an affiliate partner and make money on youtube with it.
You can encourage your loyal audience to visit a brands store through your link.
When they get a product from the store, you get paid some percentage from the sale.
√ Get your clients to pay you:
You can make money on YouTube by letting your audience pay you through super chat. You have to host a live chat to enable that.
For your viewers to allow their comments to be visible, highlighted and pinned, they have to pay a certain amount of money.
√ License your content to media:
You also make money on YouTube when you license your content. When a video goes viral, most media houses want to get it and replay it. However, these media establishments have to pay you to get a copy.
FAQ
- What is YouTube?
YouTube is a video sharing app or service where videos are uploaded and users watch, share, like and comment on it. These videos can be accessed through mobile devices, PCs, laptops, tablets, etc.
- How to start a YouTube channel?
You need to have a Google account. With it, you will set up a personal account or brand account for your business.
Conclusion
To make money on YouTube is not as difficult as you think. Though It isn’t easy at first. You need to learn the marketing strategies involved, be consistent and also give your audience what they love and care about watching.