How to Make Money on YouTube | 8 Ways to Earn

Table of Contents

1. Introduction
• Overview of YouTube Monetization
• Purpose of the Guide
2. Join the YouTube Partner Program
• Step 1: Meet the Eligibility Requirements
• 1,000 Subscribers
• 4,000 Watch Hours
• Adhere to Policies
• Google AdSense Account
• Step 2: Apply for the Program
• Step 3: Wait for Approval
3. Turn On Ads for Your Videos
• Step 1: Access YouTube Studio
• Step 2: Select a Video
• Step 3: Enable Ads
• Display Ads
• Overlay Ads
• Skippable Video Ads
• Non-Skippable Video Ads
• Step 4: Save Changes
4. Let Your Audience Support You with Fan Funding
• Step 1: Use YouTube’s Super Chat and Super Stickers
• Live Streams
• Eligibility
• Step 2: Set Up Channel Memberships
• Step 3: Promote Your Support Options
5. Sell Products and Merch
• Step 1: Create Your Merchandise
• Step 2: Set Up a Merch Shelf
• Step 3: Promote Your Merch
6. Work with Brands as an Influencer
• Step 1: Build Your Brand
• Step 2: Reach Out to Brands
• Step 3: Negotiate and Collaborate
7. License Your Content to the Media
• Step 1: Create Shareable Content
• Step 2: Register with Licensing Platforms
• Step 3: Promote Your Content
8. Crowdfund Your Creative Projects
• Step 1: Choose a Crowdfunding Platform
• Step 2: Promote Your Campaign
• Step 3: Deliver on Promises
9. Use Affiliate Marketing
• Step 1: Join Affiliate Programs
• Step 2: Integrate Affiliate Links
• Step 3: Track Performance
10. Conclusion
• Summary of Monetization Strategies
• Final Tips for Success

How to Make Money on YouTube | 8 Ways to Earn

YouTube is more than just a platform for watching cat videos or tutorials. It’s a thriving ecosystem where creators can turn their passion into a profitable venture. If you’re interested in monetizing your YouTube channel, you’re in the right place. This guide will walk you through various strategies to generate income from your content, each explained in simple, actionable steps.

 

1. Introduction

YouTube offers multiple revenue streams for creators, making it a versatile platform for anyone looking to earn money online. Whether you’re just starting or have been creating content for a while, understanding the different monetization methods can help you maximize your earnings. This article will explore eight effective ways to make money on YouTube, providing you with a step-by-step guide to help you get started.

 

2. Join the YouTube Partner Program

The YouTube Partner Program (YPP) is one of the most common ways to earn money on the platform. Here’s how you can join and benefit from it:

 

Step 1: Meet the Eligibility Requirements

To join YPP, you need to meet the following criteria:

 

1,000 Subscribers: Your channel need to have as a minimum 1,000 subscribers.

4,000 Watch Hours: You need 4,000 hours of watch time on your channel in the past 12 months.

Adhere to Policies: Follow YouTube’s community guidelines and copyright laws.

Google AdSense Account: You must have an AdSense account linked to your YouTube channel.

Step 2: Apply for the Program

Once you meet the requirements, go to YouTube Studio:

 

Click on Monetization from the left menu.

Follow the prompts to apply for YPP.

Step 3: Wait for Approval

YouTube will review your application, which can take a few weeks. If approved, you’ll start earning revenue from ads on your videos.

 

3. Turn On Ads for Your Videos

Once you’re part of YPP, you can enable ads on your videos to start earning money. Here’s how:

 

Step 1: Access YouTube Studio

Go to YouTube Studio and select Videos from the left menu.

 

Step 2: Select a Video

Choose the video you want to monetize and click Edit.

 

Step 3: Enable Ads

Click on Monetization.

Toggle the switch to On.

Select the type of ads you want to display: display ads, overlay ads, skippable video ads, or non-skippable video ads.

Step 4: Save Changes

Click Save to apply your changes. Ads will now appear on your video, and you’ll earn revenue based on views and engagement.

 

4. Let Your Audience Support You with Fan Funding

Fan funding allows your audience to directly support you through donations or memberships. Here’s how you can set this up:

 

Step 1: Use YouTube’s Super Chat and Super Stickers

Live Streams: During live streams, viewers can purchase Super Chats and Super Stickers to stand out in the chat.

Eligibility: To use these features, you need to be over 18 and have monetization enabled.

Step 2: Set Up Channel Memberships

Go to YouTube Studio.

Click Monetization and select Memberships.

Follow the prompts to set up different membership tiers with exclusive perks for subscribers.

Step 3: Promote Your Support Options

Encourage your viewers to support you by mentioning Super Chats, Super Stickers, and memberships in your videos.

 

5. Sell Products and Merch

Selling products and merchandise is a great way to earn additional income. Here’s how you can get started:

 

Step 1: Create Your Merchandise

Design merchandise such as T-shirts, mugs, and phone cases. You can use platforms like Teespring, Merch by Amazon, or Printful to create and manage your products.

 

Step 2: Set Up a Merch Shelf

Go to YouTube Studio and select Monetization.

Click on Merchandise and follow the instructions to link your merchandise store.

Step 3: Promote Your Merch

Incorporate calls-to-action in your videos, descriptions, and channel art to drive sales. Make sure to showcase your products in your content to encourage purchases.

 

6. Work with Brands as an Influencer

Collaborating with brands can be highly lucrative. Here’s how to become an effective influencer on YouTube:

 

Step 1: Build Your Brand

Create great, attractive content material that resonates together with your audience. Brands are more likely to partner with you if you have a strong and engaged following.

 

Step 2: Reach Out to Brands

Contact brands directly or sign up for influencer marketing platforms like Channel Pages or Grapevine. Prepare a media kit with your channel statistics and audience demographics.

 

Step 3: Negotiate and Collaborate

Discuss terms and compensation with brands. Collaborations can include sponsored videos, product placements, or reviews.

 

7. License Your Content to the Media

Licensing your content to media outlets can generate additional income. Here’s how you can license your videos:

 

Step 1: Create Shareable Content

Produce content that’s unique and has the potential to go viral. Newsworthy or highly engaging videos are more likely to attract media interest.

 

Step 2: Register with Licensing Platforms

Sign up with content licensing platforms such as Jukin Media or Storyful. These platforms help you monetize your content by licensing it to media outlets.

 

Step 3: Promote Your Content

Share your videos on social media and tag media outlets to increase the chances of your content being noticed and licensed.

 

8. Crowdfund Your Creative Projects

Crowdfunding can help you fund special projects or expand your content creation. Here’s how to use crowdfunding effectively:

 

Step 1: Choose a Crowdfunding Platform

Select a platform like Kickstarter or Indiegogo to raise funds for your project. Create a compelling marketing campaign with clean goals and rewards for backers.

Step 2: Promote Your Campaign

Share your crowdfunding campaign across your social media platforms and YouTube channel. Engage with your audience and encourage them to support your project.

 

Step 3: Deliver on Promises

Once funded, ensure you deliver on the promises made in your campaign. Keep your backers updated on the development of your assignment.

 

9. Use Affiliate Marketing

Affiliate advertising involves promoting products and incomes a fee on sales generated through your referral links. Here’s how to get started:

 

Step 1: Join Affiliate Programs

Sign up for affiliate programs from companies relevant to your content. Popular programs include Amazon Associates, ShareASale, and CJ Affiliate.

 

Step 2: Integrate Affiliate Links

Incorporate affiliate links in your video descriptions, reviews, or tutorials. Make sure to disclose your affiliate relationships to maintain transparency with your audience.

 

Step 3: Track Performance

Use tracking equipment furnished by using associate packages to display your income and commissions. Adjust your strategies based on performance data to optimize your earnings.

Here are some more ways to make money from youtube, Explained in picture;

Watch Page Ads;

Memberships;

Shopping;

Shorts Feed Ads;

Supers;

10. Conclusion

Monetizing your YouTube channel involves exploring various revenue streams and finding what works best for you. Whether you’re joining the YouTube Partner Program, selling merchandise, or collaborating with brands, each method offers unique opportunities to boost your income. By implementing these strategies and continuously engaging with your audience, you can turn your YouTube channel into a profitable venture.

 

Remember, success on YouTube takes time and dedication. Keep creating valuable content, stay updated with YouTube’s policies and trends, and adapt your monetization strategies as needed. With persistence and creativity, you’ll be well on your way to making money on YouTube.

FAQs

1. What is the YouTube Partner Program (YPP)?

⦁

The YouTube Partner Program allows creators to monetize their content through ads, channel memberships, Super Chat, and other features. To join YPP, you need to meet certain eligibility criteria including having 1,000 subscribers and 4,000 watch hours.

2. How do I apply for the YouTube Partner Program?

⦁

To apply, go to YouTube Studio, click on Monetization from the left menu, and follow the prompts to submit your application. YouTube will review your application, which can take a few weeks.

3. How can I enable ads on my videos?

⦁

Access YouTube Studio, select the video you want to monetize, click Edit, then go to Monetization and toggle the switch to On. Choose the types of ads you want to display and save your changes.

4. How can I collaborate with brands on YouTube?

⦁

Build a strong brand presence and reach out to brands directly or through influencer marketing platforms. Prepare a media kit with your channel statistics and audience demographics to negotiate collaborations.

5. What is affiliate marketing, and how can I use it on YouTube?

⦁

Affiliate marketing involves promoting products and earning a commission on sales made through your referral links. Join affiliate programs, integrate links in your video descriptions, and track your performance to optimize earnings.