People on YouTube are making serious money.
Before you start watching YouTube money-making strategies, you need to start a YouTube channel and develop your audience.
YouTube’s monetization strategy has a lot of eligibility requirements such as total video views or channel subscribers. That’s why you have access to every method on the first day. But once you increase your audience, there is no limit to how much you can do.
We will break down both of each method and show you how to get started today.
There is a quick summary of every 10 ways to earn from youtube.
Join the YouTube Partner Program
The easiest way to make money on YouTube is the YouTube Partner Program (YPP). In short, you can monetize your content with advertising revenue.
For those of you unfamiliar, YouTube is an affiliate of Google. So you need a Google AdSense to account to continue. If you’ve previously run ads on a website, you may already be familiar with this ad network.
Nothing related to adult content, foul language, guns, tobacco, violence, drug use, and contentious issues will be demonetized.
If you produce high-quality content on YouTube, you may charge users to subscribe. This monetization strategy is exclusively for YouTube content creators who already have a large number of subscribers.
Your membership may include badges, videos, live chat, emoji, and other content that your customers may use.
Make sure you look for a way to add value to your content and make your members feel special. Contests, lotteries, sweepstakes, private meetings, and music downloads are all prohibited.
Once you have established a loyal fan base, channel subscriptions are the perfect way to take advantage of recurring revenue each month.
Do you have an eCommerce website? If so, you can add Merchant to your YouTube videos by linking via YouTube to products or your storefront.
You only need to make sure that the approved business sites are listed. Shopify sites are eligible.
Anyone with an e-commerce website should consider using YouTube as an alternative method of business sales.
In addition to items, you can also add crowdfunding cards to your YouTube videos.
These links to approved crowdfunding sites will raise awareness of your campaigns.
Here is an example. Say you are creating a new product like a hiking backpack for photographers. You are campaigning on Kickstarter to fund the project.
There is a good chance you are using video as a promotional tool to showcase all the backpack features. If you upload that video to YouTube, you can run crowdfunding support directly from your YouTube content.
If you have strong social media, you can take advantage of effective marketing to pay for uploading sponsored content into YouTube.
This is a little different from some of the other YouTube monetization strategies we have seen so far. This is not facilitated by YouTube or AdSense, as you are being paid directly from brands.
You do not need to be part of the YouTube Partner Program to pay for sponsored content. There is also a minimum number of subscribers or video views.
However, you still need to follow YouTube’s guidelines for paid product location and advertising.
Full disclosure is the biggest part of this approach. In addition to adding something like “Paid Promotions” to your video content, YouTube requires you to check the “Paid Promotions in Video” box in your Advanced Settings.
Affiliate marketing is similar to effective marketing. The important difference between the two is the way you refill.
As an affiliate marketer, you usually pay a fixed amount for a sponsored post. For example, if you review a product or mention one of the products in your YouTube video, you get $ 500 regardless of video performance. Even if the video gets 20 views or 20,000 views, your payment will remain the same.
Affiliate programs are usually based on results in the form of sign-ups or conversions.
Product and service promotion
Another way to make money on YouTube is to promote your products or services.
Whether you are a small business owner, freelancer, or eCommerce store, you can create and upload attractive content related to your brand.
Unlike business strategy, there is no requirement from YouTube. You will not find a product eligibility link or card directly in your video.
This will not stop you from running product demonstrations or brand awareness campaigns about your products and services. The money earned here does not come directly from YouTube. Instead, your business or personal brand will benefit.
Super chat and super sticker
Super chat and super stickers are some of the best ways to monetize your YouTube live stream. Viewers can purchase these items to stand out in your live session.
People who buy SuperChat and SuperStickers have a color message in the chat feed.
Depending on how much they spend, the user’s YouTube profile stays at the top of the feed for a while. The more money they spend, the longer the stickers will stay in the chat.
This money-making strategy is facilitated by the YouTube Partner Program. Many consumers use it as an opportunity to promote their brands or channels. So in a way, it’s like selling ads in your live chat feed.
Videos that are age-restricted, private, unlisted, or made for children are not available for SuperChat and SuperStickers.
YouTube Premium is a subscription paid for by any YouTube user. For 99 11.99 per month, customers can benefit from similar improvements:
- Ad-free view
- Background play (video plays even when other apps or screens are lock)
- Download videos and watch later (Ideal for flights and travel)
- YouTube Music Premium
YouTube, which is generated from premium subscriptions, is shared with the creators based on how much their content looks.
License your content
Media companies are always looking for high-quality video content. Whether it’s a viral video or timely footage of a scene, those companies know they have to pay to use someone else’s video.
Suppose you were shot by a storm or accident. A media company may want to use its footage on its website.
For licensing purposes, include a business email in your video description and channel profile.
Media networks such as CBS, NBC, Fox, CNN, Animal Planet, The Weather Channel, and dozens of others use Junkin Media to find video content.