There you are, earphones on and popcorns on the side, watching YouTube videos in landscape mode. watching one of your favorite content creators, a makeup tutorial, a “how-to” video, or one of many pranking channels you can’t get enough of. Wondering how much your favorite YouTubers make money from their content? Now is the time to ask for yourself, how to make money from YouTube?
There are many ways to generate income when you have a YouTube channel. But like all the other ways, it requires consistency and dedication, you may find that you can continue to grow your revenue. Some of the more popular opportunities to earn money this way include monetizing ad views, featuring paid promotions, and joining the YouTube Partner Program.
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However, before you learn more about these common ways to earn money and how to get started with them, it’s important to first understand the basics of being a YouTuber. In this article, we will discuss how hard it is to make money on YouTube? What does it require? How much money you can make? And How To make money from YouTube? So let’s get started!
Is It Hard To Make Money on YouTube?
To be honest, it can be pretty hard to make money on the YouTube platform. It might look easy while seeing all the influencers and content creators earning so much money. But what you don’t see is the years and years of effort and struggle that they have put into their channels.
But don’t let this come in your way of success. In any field, to be successful requires a lot of hard work and dedication. And YouTube is no different. It can be very challenging to make money on YouTube.
First, you need to join YouTube Partner Program which requires you to have at least 1,000 subscribers and 4,000 watch hours within the last month. Then you have to generate a lot of views and monitor your cost per view (CPV) to see how much money you make for advertisements.
To make the process easy, you can start a blog and combine that with your YouTube account. You can embed your videos in your blog posts to get more views. It will also improve your search engine rankings.
How Many Subscribers or Views Do You Need To Make Money on YouTube?
Honestly, there is no definitive answer to how much views are worth. There are many factors included like your industry, engagement on ads, and your region. This all factors into your average CPM.
As mentioned, based on the YouTube Partner Program eligibility requirements, you need 1,000 or more subscribers to be able to monetize your channel. You also need at least 4,000 watch hours within the last 12 months and have an active Google AdSense account.
Additionally, advertisers can create a Google AdWords account to run YouTube ads then choose their ad strategy based on either paying on a cost per view or cost per click basis. You can set preferences and monetize your channel once your application for the YouTube partner program is accepted.
How Much Money Can You Make on YouTube?
The short answer: it depends.
Many ways and factors determine how much money you can make on YouTube. You can use ad monetization, affiliate links, and selling sponsored placements in your videos to maximize your revenue potential.
On YouTube, you can make money from ads on a CPM, CPV, and CPC basis. With cost per impression (CPM), a typical YouTuber makes $7.60 per 1,000 views. Furthermore, According to Google policy, creators get 55%, and Google keeps 45% of earnings from advertisements.
If you are using affiliate marketing, your earnings directly depend on the conversions and sales commissions from advertisers. You can also sell sponsored product placements in your videos. YouTubers can make money by selling short mentions or more extended product recommendations on brands looking for exposure.
How To Make Money From YouTube?
Join the YouTube Partner Program:
With the help of the YouTube Partner Program, you get access to special features on the platform. It is the first revenue stream you will find is most reasonably the ads. If you want to earn money without creating content and earn money or by creating content, the vital step is to join the YouTube partners program and set up monetization. Once you have hit 1,000 subscribers and 4,000 watch hours over the past year, you are eligible for monetization.
How to enable monetization on YouTube
- Sign in to your account.
- Click the icon for your account in the top right corner.
- Click YouTube Studio.
- In the left menu, select Other Features > Monetization.
- Read and agree to the YouTuber Partner Program terms.
- Create a new AdSense account or connect an existing one to your channel. You get paid through an AdSense Account.
- Set your monetization preferences.
Now, go to the dashboard and click the Analytics tab situated on the left side. From there, you will find an option to choose revenue, then scroll down to the chart Monthly Estimated Revenue. Here you will get an idea of your predicted monthly revenue.
Grow Your YouTube Channel With Socinator:
If you are thinking about how you can grow your subscriber count? Socinator is the way to go. It is the best social media managing and automation tool that you can get. It helps you to grow and manage all your social media account safely and organically, including YouTube. It automates all your activities on Facebook, Instagram, Twitter, YouTube, and various other platforms. Socinator provides many useful features like Activity and Statistics Reports, Auto Publish posts, Auto comments, Auto Like, and much more.
- Auto Subscribe:
Add subscribers to your YouTube channel by creating an automatic subscription link. This will help you to increase the number of subscribers to your channel - Auto Like Videos:
Gets mass auto likes on videos using multiple accounts - Auto-Watch Videos:
It automatically increases views of your videos using different IPs and Proxy. - Auto Comment On Videos:
Post mass comments or replies using multiple accounts and spinning text mode.
Socinator has much more to offer with starting price of just $9.95/Month. Try it now.
Sell Products or Merchandise:
You might think that as a content creator, why should you be selling products or merchandise? But remember that even Drake sells t-shirts. Maybe you identify as a content creator first and entrepreneur second, or you are an entrepreneur first and video creator second, either way, merchandise is a viable way to earn money from YouTube. YouTube partners also can sell up to 12 items of merchandise to their audience by enabling this feature in their accounts.
Create Sponsored Content:
Being an influencer does not mean you only have to be on Instagram. The advantage of the #sponcon strategy is that you don’t have to give YouTube a cut of your earnings. You negotiate directly with the brand, and they pay you directly.
No wonder it’s a popular way for YouTubers to make money. If you can offer brands a large and engaged audience, and your content is relevant to their target audience, they probably want to work with you.
Get Support From Your Audience Through Fan Funding:
Fan funding is also another way to get support and earn money. Once you have reached 1,000 subscribers can enable this monetization feature on their accounts. Fans and followers make monthly payments in exchange for special content such as badges, emojis, special videos, live chats, and other content.
Here are some popular fan funding options:
- YouTube’s Super Chat:
Super Chat is a feature used when going live on YouTube. It lets you create a tipping jar for your viewers to support you by contributing.
- Patreon:
The best membership platform for creators to get paid. Fans can subscribe to their favorite creators for as little as a dollar a month and receive exclusive rewards.
- Tipeee:
It lets you get a combination of both one-off and recurring donations.
Become An Affiliate Partner:
You can also become an affiliate marketer for brands and make extra passive income through commissions from every sale you generate through your channel. It works really well when you review products as part of your YouTube channel. There are no risks but have a low bar to getting started. You can reach out to brands in your niche that are running their affiliate programs, which are not uncommon in the eCommerce space.
License Your Content To The Media:
If you create content that most of the audience are interested like funny videos, you can license your content in a swap for money.
If your videos go viral, TV news outlets, morning shows, online news sites, and other creators might reach out about rights to use your videos. Fortunately, established media companies are well conscious that they need to pay for what they use. And just like that, you have got yourself another way to generate income on YouTube.
Master Your YouTube SEO:
For video creators not having enough subscribers yet, learning about YouTube SEO can be very helpful. You perform keyword research which you can learn from YouTube itself. And look for the popular keywords. However, think a little differently based on what people are searching for on YouTube. Next, make sure you are using high-value keywords in your video title, description, and video tags.
In general, Google provides video results for keywords on how to, reviews, tutorials, and funny video terms.
There are also five key YouTube SEO ranking factors to consider:
- Number of comments
- Subscribes after watching a video
- Thumbs up/thumbs down ratio
- Video length
- Click-through-rate on the YouTube search results
Check out YouTube Premium:
You can also make videos available on YouTube Premium, which is the site’s ad-free subscription service. It allows users to pay $9.99 for ad-free YouTube viewing. Even without YouTube ads, content creators can still generate money and make 55% of revenue, based on how much members view your videos.
Become an Amazon Influencer:
The Amazon influencer program is becoming more and more popular these days. This influencer program empowers you to maximize your YouTube and overall social media presence to earn money via Amazon recommendations.
Once you have joined the program, you can review and recommend products and share affiliate links. When your viewers click through that link and make an Amazon purchase, you get typically 8-10% commissions.
However, it is not open to everyone. Your followers count is also a determining factor.
Also Read:
How To Promote Your Business In 2021
07 Strategies To Utilize The Full Potential Of Facebook Video Ads
YouTube Ad Performance: 7 Metrics To Analyze Your YouTube Ad Performance
Wrapping Words:
Despite these challenges, You can make money from YouTube with time and effort. You need to keep in mind to create content that is unique and appeals to the mass audience. If you can attract a large and loyal following can make a substantial income on YouTube. And don’t depend on the single income source.
Use all the best practices mentioned above, and you will definitely make a good amount of money. But be patient. If you want to save more time and effort, use Socinator to manage and grow your social accounts safely and organically. I hope it was helpful. If you have any queries, let me know in the comments below!
