We discuss Monetize YouTube channel in this article. As YouTube has been providing us with regular entertainment, YouTube is also working as a means of livelihood for some people. If you have a piece of content in mind that you think will get a great response if you share it with people, you can also start YouTube if you want.
Ways to earn from YouTube
Advertising Revenue
As a YouTuber, advertising is a very basic way to earn. You may already know that most of the YouTubers make their income through advertisements displayed on their videos.
This revenue comes from the ads we see before or during various YouTube videos.
However, the amount of revenue generated from each advertisement is limited by Google. YouTubers don’t even know how much they’re earning from the ads they’re making.
One of the interesting things about YouTube is that once your video becomes popular, you will continue to earn as long as this video is on your channel. You will continue to earn as long as ads are shown on your videos.
This is usually how most YouTubers start earning on YouTube. This is why it is called a primary way to earn from YouTube. You don’t need to do anything different to show your ad on YouTube.
But you can’t earn money immediately by creating a channel and uploading videos. So even though it is called an easy way, it is not as easy as it seems. Because this income requires your channel to pass a qualification test. For that you have to follow some rules.
Also, until you earn a hundred dollars on YouTube, that income will not reach your bank account. So, it seems like an easy way, but it cannot be taken easily.
YouTube Partner Program
Through the YouTube Partner Program, you can directly become a partner on YouTube. Not only can you earn through Google AdSense, but you can also join other YouTube programs if you join the YouTube Partner Program. Eg: YouTube Channel Membership Program, Super Chat etc.
You need to monetize your channel to join it. It has some conditions. This condition is comparable to the Google AdSense condition. If everything is ok, then YouTube monetization should be applied. YouTube will check and approve everything.
Earn from Affiliate Marketing
Selling someone else’s product by recommending or promoting it is known as affiliate marketing. Should a product be purchased through your recommendation, you will get a predetermined percentage on the sale price.
Among the most well-liked and profitable methods of making money online is affiliate marketing. More sales more commission. There is no limit here.
You can make considerably more money if your channel has more subscribers. Your affiliate account will be credited with your commission money. If there is a minimum quantity, you can only withdraw them via the bank.
To boost sales, almost every e-commerce business in the world uses affiliates. Additionally, affiliates and a range of digital products can be used to generate sales.
Among the world’s most well-known affiliate networks are
- Amazon Associates
- ClickBank
- eBay Partner Network
- CJ Affiliate
- Affiliaxe
- Algo Affiliates
- ShareASale
- Fiverr
In addition to these, now all the organizations are keeping the opportunity to sell their services and products through affiliates.
Sell your own Products
One excellent platform for product promotion is YouTube. Here you can easily create your own product videos and add product details.
But for this the channel must be popular. Only after your channel gains popularity will you be able to sell your stuff on YouTube. Many popular people are using this aspect.
Apart from displaying the product on the channel, you should also add the link of your website or Facebook page so that the visitors can easily order from there.
Income from Sponsorship
If the channel has more subscribers, you can earn money by sponsoring. You can earn a commission by promoting the specified company’s products in your video.
Celebrities or big YouTubers earn good income from sponsorship. It’s like advertising on television. This is a very good way to earn from YouTube. From here, one can earn a good income.
Selling Online Courses on YouTube
YouTube has become a big teacher today. Nothing is unavailable on YouTube. From cooking to sewing, baking, and studying, everything is available here.
Having never cooked before, he uses YouTube to prepare three meals. Thus, you too can market your different courses on YouTube. However, the films on your YouTube channel ought to be straightforward and original. in order for the general public to be able to learn something from it.
If you are experienced in cooking, then you can add different cooking videos. Takes a slightly different approach than usual, so that the view is more.
Moreover, many students these days prefer to search YouTube about their studies. There you can discuss various topics. You can create and publish courses on different subjects like English courses, sewing education programs etc.
Product Review
You can also earn from YouTube by adding reviews of different products. For this, your channel must have more subscribers. And subscribers must be active. Because if they don’t watch your videos regularly, they won’t watch product reviews.
You can make videos of one of the products you have used from different companies and post them on the channel. You will get a commission from this review if any of the company’s products are sold.
The new policy of Monetization Facility
If you activate the YouTube monetization function, you can make money from any YouTube channel. However, you cannot just turn on YouTube’s monetization feature whenever you want. To do this, a few requirements must be fulfilled. As a result, new channels cannot make money from YouTube no matter how well their videos are made because they are not in compliance with the rules. YouTube is easing its monetization policies in light of this.
The YouTube Partner Program 2023 policy states that, as opposed to the previous 1000, a YouTube channel must have at least 500 subscribers in order to begin making money. Furthermore, rather than 4000 hours, the recommended movie viewing time is 3000 hours. After applying, upload the videos at least within ninety days. As a result, new channels can quickly begin making money on YouTube, thanks to this new strategy.
In this new policy, customers and video viewing time have been reduced, but if videos are created without complying with YouTube’s community policy, that channel will not be included in monetization in any way. There is even a fear of the community getting a ‘guideline strike’. And so, you must give your own videos to the channel. Additionally, the music or language in the video must not violate any intellectual property rights.
The new policy will first be available to citizens of Taiwan, South Korea, the United States, and Canada. Under this approach, individuals residing in other nations will likewise progressively be permitted to begin monetizing their YouTube channels.
What do you need to make YouTube Videos
Camera: To make videos, you need a camera. You can also record videos with your phone’s camera if you’d like.
Mike: A high-quality audio quality is essential for the video. A microphone is required for this.
Lighting: A video’s lighting has a big influence. Investing in high-quality lighting is essential if you want to create engaging videos.
Computer: To edit videos, you’ll need a computer or laptop.
Video Editing Software: In order to edit the video, video editing software is needed. The internet is filled with many options for video editing software.
Internet connection: To upload videos, you will need to have an internet connection For YouTube videos, a strong internet connection is therefore essential.
The big YouTubers of the country and abroad are earning millions of dollars every month from these mediums. Many have quit their jobs and are working full time as YouTubers. There is also a justification for leaving the job here.
Once you start doing well on YouTube, you will earn much more than many governments and private sector job holder. There will be radical changes in your lifestyle. Considering these aspects, those who think they can do well in this sector, should definitely try to do something here.
