YouTube has become one of the most powerful ways to share your message with the world. It provides a forum for people to learn, be entertained, and engage in important conversations that are happening every day. As an added bonus, YouTube also offers opportunities for monetization through ad revenue sharing and YouTube premium. In this article, I will outline five ways to make money on YouTube.
Become a YouTube Partner and earn money from ads
YouTube offers a program called the YouTube Partner Program. If you can meet the requirements for monetization, which is 4,000 watch time hours and 1,000 subscribers, then you will be able to earn money from ads being placed on your videos.
What if I don’t have 4,000 watch time hours and 1,000 subscribers?
If you don’t have enough engagement on your channel to join the YouTube partner program, you’ll just have to work hard growing your channel until you get them. However, some people do choose to buy monetized YouTube accounts from providers like FameMass before they start putting content on their channel. This may not be cheap but it does allow them to start earning money from ads instantly compared to waiting for approval into the partner program.
How much money will I make per view?
YouTube will place ads on your videos, which allows you to make money per view. You can earn anywhere from $0.30-$40 per thousand views depending on the style of ad that is placed on your video and what brands are advertising with YouTube at this time.
What if I don’t want any ads on my videos?
If you don’t want to place ads on your videos, you can still make money from YouTube using the other methods down below.
Sell products or merchandise
The most common way to make good money on YouTube outside of AdSense is by creating merchandise and selling it on your channel. This strategy has proved successful in the past for many channels as selling t-shirts and other items with your brand or logo on it can be very lucrative.
Promoting Affiliate offers
Another way to earn money from YouTube is by promoting affiliate offers, which can include any product or service. If your audience likes what you’re doing and trusts you enough to follow through with a purchase on an offer that they clicked the link for in your video description, then this can be a way to make some extra cash.
If you have enough subscribers, then you can charge companies to sponsor your video. This is a popular strategy for many YouTube stars who are able to monetize their content in this way and make good money from it.
How do I get a sponsorship?
To secure a sponsorship, you need to have an audience that is interested in the products and services of your sponsor. When then does happen, companies will usually reach out to you via email with more information.
So there you have it, five ways to make money on YouTube!