There are now many options for making money on YouTube, such as becoming an influencer, joining the YouTube Partner Program, offering Channel Membership to subscribers, and more.
How To Get Paid On YouTube
Many young people dream of making money on YouTube because YouTubers are rich, famous, and have a lot of fans. Moreover, now it is quite simple to create a YouTube channel and start doing videos since there are a large number of trainings that can help you go this way. However, it is important to understand that creating a channel is just the beginning. In fact, it will not be difficult for you to earn a hundred dollars, since you can sell something or make a deal, for example, but this is only a one-time profit. Moreover, until you have a million subscribers, you will not be able to earn a large amount from the deal. Thus, in order to start making money on YouTube, you first need to study the opportunities that you have.
Of course, the first thought about making money on YouTube is to create your own channel, but you will be surprised to find out how many other options you have. Now you can explore the main ways to make money on YouTube that will help you get money for your desires and needs.
Is It Possible To Make Money On YouTube?
Many young people are interested in this question and the answer is yes. Now thousands of people make money on YouTube, and not every one of them is a popular blogger with a huge audience. However, you should understand that YouTube is a job, and your income will depend on a large number of factors, for example, the niche you work for, the level of engagement, and more.
How To Get Paid On YouTube?
You should note that YouTube does not pay you for uploading videos on YouTube. Moreover, it is important to note that videos are not monetized from the beginning. However, how then to get paid on YouTube? To start making money on YouTube, you must enable monetization in your account settings.
So, How Do People Make Money On YouTube?
If you are interested in making money on YouTube, then you should pay attention to the fact that there are many different ways. Of course, most of it is associated with creating good and interesting video content for people. Explore the main options for how you can make money on YouTube.
- YouTube Partner Program
You must first know what the YouTube Partner Program is before taking any other action. It is important to understand how the affiliate program works, as without this knowledge, video creators will not be able to monetize them. Therefore, in order to start earning money from your content, you must be accepted into the YouTube Partner Program.
However, how do you join her? When your channel reaches 1,000 subscribers and 4,000 views, it will be considered for joining this program. Thus, as you understand, you will not be able to receive money until you reach these numbers. However, if you meet the requirements, you can apply for monetization. So how do you do this?
- Log in to your YouTube account
- Click on the account icon (in the upper right corner)
- Select YouTube studio
- In the left menu select “other features” and then “monetization”
- Study the terms of the program and click “agree”
- Create and connect an adsense account
- Select monetization preferences
After you do this you will need to go back to the dashboard and select the Analytics tab, click on Revenue and scroll down until you see Monthly Estimated Revenue. There you can see the projected monthly income.
How Many YouTube Views Needed To Make Money?
First of all, you should pay attention to the fact that the number of views and subscribers is not a key factor in making money. What matters is not how many views you have, but how many people will pay attention to your ad. Moreover, YouTube even has certain criteria for payment: sometimes a viewer has to click on an ad and watch it in full so that you can earn income.
- YouTube Premium
Another option that you can use to make money on YouTube besides advertising is YouTube Premium. This is a subscription that provides people with the ability to watch videos without ads. You will be glad to know that you don’t have to do anything as you will automatically receive a second source of income when YouTube Premium subscribers watch your videos.
- Affiliate products in your videos
Surely you understand that various companies are interested in using channels with a large number of subscribers as they help them develop their business. Thus, when you gain some popularity on YouTube, you will see that companies will ask you to promote their products and services for money. What’s more, you can also become an affiliate and include advertisements for these products in your videos. This can make you a lot of money however you have to be careful as viewers are often wary of ads. Promote those products that can be useful to your audience.
- Channel Membership
You can get another source of income when your channel reaches 30,000 subscribers. Channel Membership is a kind of privilege that fans get when they pay $ 4.99. This can be early access to video, chat of participants, and more. Also, participants will be highlighted in the comments. This way, you can remind in your videos that people can become exclusive members of your channel.
Of course, the more popularity your channel gains, the more income you can get. When you are a famous person and influencer you will be asked to set a fee (multiply the average number of views by 15 cents per view). Also note that the big money isn’t just in ads and views, but also in partnerships with brands and advertising their products to your audience.