It’s no secret that you can make money on YouTube.
According to Forbes’ list, the ten highest-paid YouTubers will earn at least $11.5 million in 2019. Ryan Kaji, which ranks No. 1, has 26.2 subscribers and earned $26 million in 2019.
These role models inspire many people join YouTube every day.
To start your own channel? Or do you already have a certain number of subscribers?
Want to know how to make money on YouTube? What are the ways?
Here are the main ways to make money on YouTube, and if you want to really make money from YouTube, be sure to understand it clearly.
First of all, to apply channel monetization, you have to meet these minimum eligibility requirements:
1. Follow all the YouTube monetization policies.
2. Live in a country or region where the YouTube Partner Program is available.
3. Have more than 4,000 valid public watch hours in the last 12 months.
4. Have more than 1,000 subscribers.
5. Have a linked AdSense account.Minimum eligibility requirements for channel monetization
Next, you can see which ways you are suitable to make money.
YouTube Partner Program
If you want to make money from YouTube, you can first consider YouTube’s Partner Program. The YouTube Partner Program is an official profit channel launched by YouTube.
This program provides YouTube creators with a variety of ways to earn money.
1. Ad Revenue
YouTube advertising is the most common way to make money on YouTube.
YouTube ads can appear before, during, or after the main video, Like this:
Or appear in the area around the video, like this:
When a user watches a YouTube video, the creators of the video receive a portion of the revenue from watching or clicking on the ads.
To active YouTube Ad, you need to be over 18 years old and have a Google AdSense account.
Obviously, the more times your video is viewed, the more revenue you can get.
You might be wondering:
How much money is 1000 views or 100k views on youtube?
It’s based on how many ads there are in each video and the pay rate.
To put it simply, on average, 1000 video views can earn $3 to $5. 100,000 views can earn between $500 and $1,000.
2. Channel Memberships
Channel Memberships is that the YouTuber provides members-only works, such as videos，posts, badges, emoji, and other goods. The members support your channel to pay monthly fees.
The conditions for opening Channel Memberships are over 18 years old and have more than 30,000 subscribers.
Pricing for channel memberships varies from region to region.
For example, in the United States, the pricing levels of channel memberships range from $0.99 to $99.99.
You can create offers at different prices depending on the situation. But you have to choose between paying more for the quantity or paying more for the price.
3. Merchandise Shelf
Merchandise Shelf is another way for Youtube creators to make money.
After opening the Merchandise shelf, the creator can add a link from branded merchandise under the video. The creator can get a cut after the user buys the product.
Creators can add up to 12 products from some brand-specific merchandise websites and crowdfunding sites. They are all provided after being reviewed by Google. You can check out these approved websites here.
The conditions for Merchandise shelf are at least 18 years of age and at least 10, 000 subscribers.
4. Super Chat & Super Stickers
Super Chat & Super Stickers is a prominent treatment offered to fans.
After fans buy the service, the messages they send will be highlighted in the chat window. Creators can also benefit from their purchases.
Super Chat & Super Stickers is available on condition that you are 18 years old and live in a country or region that supports Super Chat.
5. YouTube Premium Revenue
YouTube Premium revenue is when there are YouTube Premium-enabled visitors to view your content, you can get some revenue from it.
The YouTube Premium member watches all YouTube videos without ads, and the subscription price is $11.99/month. Users can try it for one month for free.
Make Money in Other Ways
6. Sell Your Own Products
If you have your own product, you can make a profit by selling your product directly in YouTube videos.
You can add product links to Cards, videos, and channel descriptions.
The products had better be closely related to the theme of your channel to get the best results. For example, if your channel is about fashion matching, then selling related clothes is a good choice.
7. Affiliate
In addition to selling the product directly, you can also get a cut of the sales by helping others sell the product, known as Affiliate.
Similar to selling your own product, you can insert a purchase link of the product in the video or video description. When people browse your video, buy goods through these links, you can get a certain share of it.
Shopping sites like Amazon, BestBuy, Newegg have affiliate projects, just select the products you want to recommend above and get affiliate links to promote them.
There are also professional Affiliate platforms such as CJ Affiliate, ShareASale, and ClickBank. These platforms don’t sell their own products. They host a variety of Affiliate products that creators can recommend.
8. Sponsored Content
Youtube creators can also make money by accepting sponsored content.
Countless creators want to stand out, and countless companies want to promote their products.
These companies choose the right channels and pay creators to tailor a video for them, such as product reviews.
If you’re well known or featured in your field, it’s easy to get noticed and receive sponsored content ads.
9. License Your Content to others
You can also make a profit by licensing your video content to the media or other users.
YouTuber is bound to create a lot of works if he wants to develop on YouTube. In these works, there is likely to be content that the media or some companies need, and you can license them to use your content for a fee.
You can also make a profit by selling your content on a third-party content platform.
10. Donations from Fans
If your fans have a high degree of support, they are willing to provide direct financial support to you.
YouTubers can also initiate direct funding through crowdfunding platforms, and fans can subsidize creators by subscribing to the corresponding amount.
This approach is the most direct and often requires a great deal of influence from the Creator and the trust of the fans.
Final Thoughts
Through the above methods on how to make money on Youtube, we can find that no matter what method is taken, the number of video views and the number of subscribers is the basis. The more of these two, the more money you will make.
Therefore, creators should first focus on creating high-quality content and getting more views and subscribers. If you want to know how to get more views on YouTube, you can read our previous article here.
Thank you for the very useful information