Wonderful Tips: How to Monetize Your YouTube Channel
Both professionals and amateurs use YouTube as a venue for posting videos. If you know your way around it, it’s a great method to make money too. You’ve come to the perfect place if you’ve ever wondered how to make money from YouTube for your personal needs.
This article examines the potentially lucrative topic of YouTube monetization, providing advice, a definition, pertinent laws, and what to do if your application is turned down.
What is YouTube monetization
YouTube monetization refers to the process of earning revenue from a YouTube channel through various monetization options provided by the platform.
It’s a program that allows content creators to earn money from the ads that appear on their videos. When viewers watch a video on YouTube that has monetization enabled, they may see ads before, during, or after the video. YouTube shares a portion of the revenue generated from those ads with the video’s creator. This is a way for content creators to earn money for the content they create and share on YouTube. To be eligible for monetization, creators must meet certain requirements. They must also comply with YouTube’s terms of service and community guidelines. Once approved for monetization, creators can select which videos to monetize and choose the types of ads they want to show on their videos.
Some of the ways in which creators can monetize their content on YouTube include:
1. Ad revenue
This is the most common form of monetization on YouTube. Creators can earn money from ads that are displayed on their videos. When a viewer clicks on an ad, the creator earns a portion of the revenue generated.
2. YouTube Premium revenue
Creators can earn a portion of the subscription fees paid by YouTube Premium subscribers who watch their videos.
3. Channel memberships
Creators can offer exclusive perks to viewers who pay a monthly fee to become a member of their channel.
4. Super Chat
This is a feature that allows viewers to pay to have their message highlighted in the chat during a live stream.
5. Merchandise
Creators can sell merchandise through YouTube’s merchandise shelf, which allows them to feature products in a tab on their channel page.
In order to monetize their content, creators must meet certain requirements, such as having a minimum number of subscribers and following YouTube’s Partner Program policies.
How to Monetize Your YouTube Channel
1. AdSense
The most common way to monetize a YouTube channel is through Google AdSense. By displaying ads on your videos, you can earn money every time someone clicks on one of the advertisements.
2. Sponsored Content
Another way to make money on YouTube is by partnering with brands for sponsored content. This involves creating content for a brand and including a mention or product placement in the video.
3. Affiliate Marketing
You can also earn money on YouTube through affiliate marketing. This involves including affiliate links in your video descriptions and earning a commission when someone clicks on the link and makes a purchase.
4. Selling Products
If you have a product of your own, you can use your YouTube channel to promote and sell it. This can include physical products, digital products, or even courses.
5. Crowdfunding
You can also use your YouTube channel to run a crowdfunding campaign for a project or cause that you’re passionate about.
6. Memberships and Subscriptions
By offering exclusive content, merchandise, or other benefits, you can encourage your fans to become members or subscribers and pay a monthly fee to support your channel.
7. Live Streams
Live streams are a great way to interact with your audience and monetize your channel. You can earn money through the use of ads, memberships, and other monetization methods during your live streams.
8. Merchandising
Finally, you can also monetize your YouTube channel by selling merchandise related to your brand. This can include t-shirts, hats, mugs, and other products with your logo or design.
YouTube Monetization Requirements
To be eligible for monetization on YouTube, you need to meet the following requirements:
YouTube lowered the requirements to join the Partner Program
New Requirements:
- 500 Subscribers
- 3 Public Uploads (in the last 90 days) – Either 3000 Watch Hours OR 3M Shorts views in 90 days
This unlocks Fan Funding (Channel Memberships, Super Chat, Super Stickers, and Super Thanks)
Huge for small YouTubers because it gives them the ability to get their careers started earlier
The ability to Monetize your videos normally will be unlocked when you hit the existing YPP requirements
But this new criteria will let you start earning $$ earlier
- You must comply with YouTube’s terms of service and community guidelines.
- You must have a linked AdSense account.
Once you meet these requirements, you can apply for monetization by joining the YouTube Partner Program. If your application is accepted, you can start earning money from ads on your videos. Keep in mind that YouTube regularly reviews channels for compliance with its policies, and may remove monetization from channels that violate those policies.
How to Join the YouTuber Partner Program
To join the YouTube Partner Program, you will need to follow these steps:
1. Meet the eligibility requirements
- 500 Subscribers
- 3 Public Uploads (in the last 90 days) – Either 3000 Watch Hours OR 3M Shorts views in 90 days
This unlocks Fan Funding (Channel Memberships, Super Chat, Super Stickers, and Super Thanks)
Huge for small YouTubers because it gives them the ability to get their careers started earlier
The ability to Monetize your videos normally will be unlocked when you hit the existing YPP requirements
But this new criteria will let you start earning $$ earlier and must meet the community guidelines, and have a linked AdSense account.
2. Sign in to your YouTube account
Go to the YouTube website and sign in to your account.
3. Click on your profile icon Click on
the small profile icon located in the top right corner of the screen.
4. Go to YouTube Studio
From the dropdown menu that appears, click on “YouTube Studio.”
5. Click on “Monetization”
In the left-hand menu, click on “Monetization.” If you meet the eligibility requirements, you will see a message that says “Congratulations! You’re eligible to monetize.”
6. Agree to the terms
Review the terms and conditions for the YouTube Partner Program, and then click on “Start.”
7. Set up your AdSense account
If you don’t already have an AdSense account, you will be prompted to create one. Follow the instructions to set up your AdSense account, and then link it to your YouTube account.
8. Set up monetization for your videos
Once your AdSense account is set up and linked to your YouTube account, you can start monetizing your videos. In the “Monetization” tab, you can select which videos you want to monetize and choose the types of ads you want to show on your videos.
Please Keep in mind that it may take some time for your application to be reviewed and for monetization to be enabled on your channel. Also, note that YouTube regularly reviews channels for compliance with its policies and may remove monetization from channels that violate those policies.
Once you meet these requirements, you can apply for monetization by joining the YouTube Partner Program. If your application is accepted, you can start earning money from ads on your videos.
