YouTube monetization is one of many ways to earn money online.
YouTube monetization means earning revenue from your YouTube videos.
In this article, we’ll define YouTube monetization, its rules and requirements, and how to monetize your YouTube videos.
How does a person make money on YouTube?
The growing creator economy has turned up some diverse ways to make money on YouTube. A quality audience and engaging content cannot be replaced, even when some strategies have a lower entry barrier than generating money via advertisements. You may be able to earn money on YouTube if you can use your creativity and are prepared to put in a lot of work. Here are a few methods to explore:
YouTube monetization requirements:
Vital step Join the YouTube Partner Program :
The first revenue stream you’ll likely explore is ads. Whether you want to earn money on YouTube without creating videos or as a content creator, joining the YouTube Partner Program and setting up monetization is a vital step.
You’ll have to agree to follow all of YouTube’s monetization policies and live in a country or region where the YouTube Partner Program is available. Then you can apply for monetization once you’ve hit 1,000 subscribers and 4,000 watch hours over the past year.
How to enable monetization on YouTube ?:
– Sign in to the YouTube account you want to monetize.
– 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 and eligibility requirements.
– Create a new YouTube Google Ads account or connect an existing one to your channel. (You need an AdSense account to get paid).
– Set your monetization preferences.
– Once that’s done, head back to the dashboard and click the Analytics tab on the left side. From there, you’ll need to choose Revenue from the tabs at the top then scroll down to the chart Monthly Estimated Revenue to get an idea of your predicted YouTube revenue.
How many subscribers do you need to make money on YouTube?
The goal is to Reach 1K subscribers and apply for the YouTube Partner Program. Let’s get this one out of the way first. The biggest hurdle to joining the YouTube Partner Program is surpassing the 1,000-subscriber threshold. Once you do, it opens the door to earning advertising revenue.
A few additional requirements apply before you can become a partner:
– Your videos must abide by the site’s advertising guidelines and have more than 4,000 valid public watch hours within the last 12 months.
– You must live in an eligible area.
– You need to link a Google AdSense account.
– Once you meet the requirements, you can apply by clicking on your profile and navigating to the “monetization” section.
As a partner, you can earn money through ads, membership perks, and features like Super Chat, which lets viewers pay to have their messages highlighted during a live stream.
How many views on YouTube does it take to make money?
You don’t get paid per video view. Rather, you’re paid for the times when someone watches or clicks on an ad shown on your video. Influencer Marketing Hub says that while payment varies, the average YouTube channel can expect to make about $18 per 1,000 ad views. That translates to $3 to $5 per 1,000 video views when you factor in the rate of ads actually viewed. The number of views you get doesn’t correlate to revenue earned. If your video gets thousands of views but no one watches or clicks the ad, you won’t make any money. This is because of YouTube’s criteria for billing advertisers: a viewer must click an ad or watch the video ad in full (10, 15, or 30 seconds) for you to get paid.
So when do you start making money on YouTube?
You’ll be paid once your balance reaches $100. Say it takes approximately 1,000 video views to earn $4 from those viewers who saw ads. You would need 25,000 video views to make $100 through those ads. If you have a small channel, you might get paid only every few months. You’ll also want to be familiar with how Google, which issues AdSense payments, handles taxes. Sound like a long road ahead?
How much money do YouTubers make per year?
The top 5 YouTubers as of January 2021 have tens of millions of followers each. Accounts include MrBeast, Jake Paul, Markiplier, Rhett and Link, and Unspeakable. These YouTubers earn upward of $28.5 million per year through their channels. While what they earn is enormous, smaller accounts can still earn a living on YouTube. Take Justine Leconte’s YouTube channel, for example. She has 913,000 subscribers and 91 million video views on her channel, which helps people dress better and understand fashion. Just off ad revenue, her total estimated earnings are around $259,304, earning $979 per video, on average: according to Influencer Marketing Hub’s YouTube Money Calculator.
Other ways to make money :
– Become an affiliate marketer.
– Create sponsored content through brand deals.
– Create and sell your own product or merchandise.
– If making money on YouTube isn’t for you, consider these alternative routes:
– Do you Want to try another video platform? Try to make money on TikTok.
– If you’re a gamer, look into how to get paid on Twitch.
– Looking to clean house? Try to sell stuff online or make money on eBay.
– If you’re writing anyway, consider how to make money blogging.