Ways
on how to make money on YouTube – 2023 Update
Are you constantly searching for new opportunities to make money on YouTube?
There are so many ways to make on YouTube which many people don’t know about. This article will help and also reveal those ways of making money on YouTube.
About YouTube
YouTube is an online social media platform where you as users are allowed to watch, share, like, comments and upload your videos for free.
Apart from making money on YouTube, there are other legit ways of making money online which include freelancing, blogging, facebook, instagram, etc. YouTube is one of the best ways of making online money. Though (at times) it may look so stressful, but the outcome is worth it.
Do you want to know how to make money from YouTube? Here are simple ways to money from YouTube. Before I reveal this secret, let’s get to know what YouTube is.
What is YouTube?
YouTube is an online social media platform where you as users are allowed to watch, share, like, comments and upload your videos for free.
The platform was created on February 14th, 2005 in San Bruno. Since its creation, it has gained Billions of users leveraging the platform for one activity or another depending on how they prefer to use it.
Also read How to Make Money From Your Facebook Profiles Using the Professional Mode
YouTube is used by Digital Marketers, Skit Makers, Influencers, and more. Most persons use YouTube for Tutorials. YouTube is loved and used by many because using the platform requires form of payment. It is a free video free platform open to everyone. All you need is just an Active G-mail (Google mail) account and you’re good to go.
You don’t need to doubt the power of YouTube, as the platform has a lot of tools that will enable you to create quality videos and make them look presentable to your targeted audience.
Ways on how to make money on YouTube
Here are the simple ways of making money on YouTube. They include:
YouTube Partnership Program
YouTube Partnership program is one of the easiest and complicated ways of earning from YouTube. YouTubers use the partnership program to earn a lot of money from YouTube. There are some certain criteria needed before you can be eligible to earn from YouTube Partnership Program. Your channel must reach the following criteria:
· Minimum of 1,000 subscribers
· Minimum of 4,000 valid watch hours in the last 12 months
· Reside in an eligible country
· A Google Adsense account (if you already have one, you can link it with your YouTube account).
Also read: How to Make Money from Sports Betting: The Benefits and Drawbacks
If you don’t have a Google Adsense account, you can create one.
You can start earning from YouTube using the Partnership Program once you meet the criteria listed above through Ads, Super Chat, Super Stickers, Membership Perks, etc.
Google AdSense
GoogleAdSense is another way of earning from YouTube. Once your channel is ready for monetization, Google AdSense places Adverts on your Channel and which you earn when anyone clicks or allows the advert to play for 30 seconds. For your channel to be eligible for Google AdSense monetization, there are some criteria required. They include:
· Minimum of 1,000 subscribers
· Minimum of 4,000 valid watch hours in the last 12 months.
· Reside in any of the eligible country for Google AdSense monetization.
· A Google Adsense account (if you already have one, you can link it with your YouTube account).
If you don’t have a Google Adsense account, you can create one.
You can start earning from YouTube using Google AdSense once you meet the criteria listed above.
YouTube Affiliate Marketing
Many people do not know that YouTube can be used for Affiliate marketing. A lots of Affiliate Markets use YouTube to promote their affiliate products and make sales. This can be easily made when your channel is about product reviews. You can make a lot of sales of your affiliate products.
There are several affiliate platforms where you join as an affiliate marketer. Most times, you will have to pay some amount of money to join while some gives you the opportunity to join freely, whichever is required. Once you join, you’ll be given products to advertise, and once anyone purchases that product through your affiliate link, you rewarded a commission for that.
Below are some simple steps you can follow to apply for affiliate products:
· Search for any company or platform that has an affiliate program like ShareASale, ClickBank, or Amazon, apply and wait for approval.
· When approved, create custom links to your preferred products.
· Advertise the products on your YouTube, and provide you custom link(s) where people can purchase the products in your Description.
Also read: 14 Ways To Make Money With Facebook – 2022
YouTube Shopping
The YouTube shopping is another method of monetization which specialized for some countries like United States, Brazil, India, and United Kingdom. This monetization is a way of promoting products or brands in your videos.
To be eligible for YouTube shopping monetization, your channel must meet the following criteria listed below:
· Your channel must be approved for monetization
· At least 20,000 subscribers
· Must reside in any of the eligible country (The United State, The United Kingdom, The India, and The Brazil).
· Must not be Musical Channel
· Must not contain videos that violate Channel Monetizing policies.
Calm down and think twice about how much you can be making all YouTube from promoting other people’s products and brands. It’s high time you stop thinking, and get yourself into action.
YouTube Shorts Funds
YouTube shorts funds is a new feature introduced on YouTube that allows content creators to upload and share short videos on YouTube.
YouTube also said that “Creators can qualify for a bonus of between $100 and $10,000 from the fund, with the amount adjusted based on performance metrics like monthly channel Shorts views and where their audience is located.”
You can see for yourself that with YouTube Shorts, you can make a lot of money.
Making money from YouTube is not only bound to the above-mentioned ways, there are other ways in which you can make money from YouTube as a YouTuber which I mentioned only a few ways.
How Much Can I Earn on YouTube?
As a YouTuber, you are liable to earn a lot of money depending on your targeted audience. You earn $18 for every 1,000 views, which is equal to $3 to $5 per view. The location of your viewer will determine how much you will earn.
The power of making money from YouTube has been underestimated. Let me shock you, Forbes revealed in 2020 that a popular YouTuber, Creator Stevin John make about $17 Million from 8.2 billion views with 27.4 million subscribers. This show how lucrative YouTube could be.
Conclusion
Starting up a YouTube Channel and Building it to the level of monetization can be very stressful but I bet you the outcome worth it a hundred times. YouTubing is one of the most lucrative jobs done by many around the globe that has fetched them a lot of time.
I really hope that this comprehensive tutorial will help you know how to make money from YouTube. Please provide your best advice in the comments if you've already found success from YouTube.
Thanks for reading.
