YouTube is an online video streaming platform that has made millions of people around the world, global stars. This platform has become an integral part of all our lives today. For instance, what do you do when you want to know the recipe of your favorite dish, or when you are stuck at a task in office, or when you are just bored and wish to kill time? Yes, that video that just popped in your mind, is probably a YouTube video.
So, what is it that makes YouTube a hot favorite? Why do people move towards YouTube as their preferred video sharing platform? The answer to these and many such related questions, asking why is YouTube the go-to choice, is the opportunity to earn through videos. If you don’t already know, let me tell you, you can earn money through YouTube. Making money might not be the first reason that pops up when you start a YouTube channel, but it is a pleasant and lucrative opportunity that must be cashed on.
How can I earn through YouTube?
Before we dig deep into how one can earn through YouTube, let’s first try and answer some basic questions that budding YouTubers wish to get some clarity on.
How much do YouTubers make per view?
YouTubers can make somewhere around $0.01 to $0.03 per view with mere AdSense, on an average of $0.18 per view. The amount of money you earn through YouTube, depends on other factors as well, like the number of views, clicks, the length of the video, Ad quality, etc.
How much money do YouTubers make every 1000 views?
Here’s the whole math behind it,
Ø An Ad view brings – $0.01 to $0.03,
Ø YouTuber can make somewhere around $18 per 1000 ad views.
Ø It all boils down to $3 to $5 per 1,000 video views.
These stats suggest that creating a YouTube Channel can prove a lucrative option as your side hustle.
How much money does a YouTuber make per subscriber?
The number of subscribers alone doesn’t get you any money. However, recently YouTube rolled out a basic requirement to add monetization on your channel, you need to have a minimum of 1000 subscribers to be eligible for monetization.
These are some of the basic queries, YouTubers have when it comes to earning money through YouTube videos. It’s now time to get back to our original query.
How do you earn money through YouTube?
Join the YouTube Partner Program
Joining the YouTube Partners Program is a vital step, and so is setting up the monetization, for the channel. It is important to understand that nothing comes to you in the blink of an eye, you have to work for it. There are some ground rules that you need to fulfill before you can enter the YouTube Partners Program.
YouTube Partners program opens door to new horizons and provides you access to multiple streams of income. Here’s how you go about becoming a YouTube Partners Program member:
Start your Channel – Find your niche or topic of interest, and start creating videos.
YouTube Partner Program – Meet the basic requirement to be eligible for the YouTube Partners Program,
v Atleast 1,000 subscribers.
v A minimum of 4,000 valid public watch hours in the past 12 months.
v Have an AdSense account.
v Sign and agree to the terms and conditions.
v Get reviewed and approved.
AdSense Account – Setup your AdSense account.
New Monetization features – Creating advertiser-friendly content helps place the right ads without them looking forced. You get some amount of the subscription fees when a YouTube premium member watches your video. Another way to earn money is to sell channel memberships to the subscribers. It requires you to have more than 30,000 subscribers to avail the features.
Submit reviews – When you are a YouTube Partner, you need to be sure to maintain the copyright standards laid down by YouTube.
How can I earn through YouTube?
Sell Products and Merchandise
There are tons of products to sell, to make money through YouTube. Merchandise sale increases your brand presence, value and puts you on the digital platform as a recognized face. Related to your brand and YouTube Channel, you can opt for merchandise that talks about your brand. For instance, a dog care YouTube Channel can go out to create dog merchandise and specialized products, once they know they have gained the trust of their target audience.
Imagine and create – Put your mind and thought into creating a product that talks about your brand, your merchandise reflects you and your brand.
Create an online shop and landing page – Prepare a dedicated website to host your products. Make an alluring landing page to attract the audience towards buying the product.
Promote your merchandise – you can use your merchandise in your video, or give them to your fellow YouTubers as a part of your marketing process. The better you build its presence, the better will be the sale.
Crowdfunding the next project
Crowdfunding is a modern way of getting funds without having to beg banks and investors. What you can do is, reach out to your audience. Pitch your idea to a Crowdfunding community as well as reach out to your subscribers. Make a compelling pitch and ask for investors to come forth and help you bring your brainchild into reality.
Once you become famous and make your channel a brand, you will find it easy to land up advertising sponsorships by renowned brands. For instance, these beauty gurus who have decent subscribers land up sponsorships by various famous brands. In this arrangement, a brand usually pays the YouTuber to talk about the brand’s products, or promote the product subtly in the YouTube video.
Find a befitting brand – The brand you partner with must share your thoughts and the views that you share on your channel. So be sure to not connect with a brand just for the amount of money they are ready to spend.
Make a deal – Sponsored content is one of the most expensive type of revenue stream when it comes to earning money on YouTube. The rate may vary on your audience size, engagement, and other relevant factors.
Be transparent with your audience – Understand that you need to create content that talks with your viewership, you need to be honest with them if the product you are talking about is a sponsored product.
It is easy to sign up and start a YouTube Channel, it takes persistent effort to grow the channel, and last but not the least consistency, it is important to be consistent with your videos to ensure your audience gets a glance of you now and then. I hope this article answers all your queries related to YouTube Monetization programs, for any other query, feel free to reach out to us!