Sun. Jun 13th, 2021

YouTube is part of the Internet: what 1.9 billion users enter every month. But at the same time, 500 hours of video are uploaded to the site every minute.

So you already know that this article will not be about how easy it is to buy a Swiss watch for an ad for your ad views on YouTube. (Even if you have millions of views, you can probably rent one. Wait, don’t do it.)

Keep going, and we’ll set up six ways to earn money with your YouTube channel. Namely:

Become a YouTube Partner
Sell ​​your sales
Create sponsored content
Get your fans to pay you directly
Use refunds continuously or for one hour
License your media content
And now with some step-by-step instructions for making money on YouTube.

How you make money on YouTube
Become a YouTube Partner
YouTube Partner Program on How General YouTubers access Special Features on the Platform.

You do not need to be a partner to make money on YouTube (just setting up an AdSense account and getting views is enough to manage that), but being a partner makes it a lot easier.

YouTube Partners have access to more revenue streams: not just ads, but YouTube Premium subscription fees, and features that affect your fan wallets such as Super Chat, channel membership and sales shelf (more on this later.)

Step 1. Start the channel
Don’t worry, we have a useful guide for this. It’s called ‘How to Build a YouTube Channel.’

Step 2. Make your channel effective enough to meet the requirements of the YouTube Partner Program
To join this program, you need at least 1,000 subscribers and 4,000 viewing hours in the last 12 months.

Here are some ideas on how to get the most out of your valuable YouTube views.

Step 3. Set up an AdSense account
This is easy. Just follow the official YouTube guide to AdSense accounts.

Step 4. Explore your new monetization features
Each monetization channel has different eligibility requirements. For example:

Ad revenue: to earn ad revenue, you must be at least 18 years old, and you must create content that is relevant to advertisers. Basically, if your videos are not controversial, YouTube advertisers will be satisfied with their advertising, as well as the revenue you make.
YouTube Premium Income: When a YouTube Premium member watches your video, you receive a portion of their subscription fee. (This is automatic, good.)
Channel Membership: in order to sell channel membership to your subscribers (i.e., your fans choose to pay you an additional fee), you must be at least 18 years old and have more than 30,000 subscribers.
Sales shelf: In order to sell sales from the YouTube sales shelf, you must be at least 18 years old, and have at least 10,000 subscribers.
Super Chat Payments: If you want your fans to be able to pay for their messages to be featured in your live chats during your live stream, you must be at least 18 years old (and reside in the country where this feature is provided).
Step 5. Post for ongoing updates
As a YouTube Partner, your channel will be held to a higher level, according to YouTube. You must not only follow the YouTube Partnership Program policies, but also the Community Guidelines. Not to mention sitting on the right side of the copyright law.

Sell ​​your sales
Maybe you point out as a content creator first, and a second entrepreneur. (Remember that Drake also sells T-shirts.)

Alternatively, you are a first-time entrepreneur and second-time video builder, which means you probably already own the product, and are developing your YouTube marketing strategy to sell it.

In any case, marketing is an effective way to make money on YouTube.

Step 1. Think and design your product
Your channel’s sales are designed to both represent and feed your audience’s communication with you. That means your sales should be different.

Hawaiian YouTube star Ryan Higa has unveiled his milk-based energy drink Ninja Melk to showcase the popularity of his comedy, Ninja Melk. Although she also sells T-shirts and other groceries at her online store, Ninja Melk’s appeal is wide enough to have her own website.

Pro tip: You may have more sales ideas than you can get. So start by dipping your toes in water with one or two objects. But make sure you involve your audience in the decision-making process. They voted for what they wanted. Or create a buzz by offering one product related to major subscription counting steps.

Step 2. Uninstall and / or build your product
In most cases, you will need a manufacturer, supplier or wholesaler to make and ship your product. Some providers will deliver it to you, while others will protect you from the head of inventory, shipping and retrieval on their own behavior.

If you are unsure where to start, check out how Shophop works on getting a brick and mortar company to make your dream come true.

Step 3. Create your store and landing page
You will need a separate website to handle the purchase. If you want to link it directly to your videos (and you do), take a look at the YouTube list of authorized commercial sites.

Step 4. Enable your YouTube Partner Sales Shelf
YouTube Partners can also use the shelf to sell their channel sales. If you qualify, follow the YouTube instructions to enable it.

Step 5. Promote your product in your videos
That’s where your charm comes in. Wear or use merchandise on your videos. Enter the viewers who bought and used it. (If we were on another platform, we might call this ‘user-created content,’ or perhaps ‘solid gold’).

And don’t forget to include your store link in the description of your videos, and include end screens and cards with compelling calls to action.

Pro tip: Don’t forget to say thank you. Because it is modest. But also because it is an excuse to remind people how big and popular your product is, and again.

Create sponsored content
You don’t have to be on Instagram to make an impact. The beauty of the #sponcon’s plan is that you don’t have to give YouTube money to spend. You negotiate directly with the product, and they pay you directly. No wonder it’s a popular way for YouTubers to make money.

If you are able to offer products to a larger and / or relevant audience – and your content is relevant to their target market – they probably want to hear from you.

For example, YouTuber Aaron Marino, aka Alpha M, is the largest in the men’s lifestyle. How big is it? He is so great that even his videos describe his interactions with the product he has with product partners.

Step 1. Identify the brand to work with
Quality is important, when it comes to co-workers. You probably already have a wish list for your dream products. Whether you are aiming for stars or creating a low profile, be sure to adjust your product tone before posting.

Also consider subscribing to an effective marketing platform. These are affiliate websites that help marketing teams find the right promoters to work with. FameBit was one of the first to focus on YouTubers, for example.

Step 2. Make an agreement
According to a recent Klear marketing forum study, YouTube videos are, on average, the most expensive type of sponsored content product you can buy from prosecutors. Basically, YouTube promoters are able to charge more for their videos than they did for Instagram Stories or Facebook posts, because video is too expensive to produce.

While your rating will vary in the size of your audience, engagement and the importance of potential partners, know your value before signing a contract.

Step 3. Display your # sponcon #ad
Sponsored content is advertising. That means you need to make sure you comply with Google’s ad policies. The FTC (U.S.) and ASA (UK) both have guidelines you need to know, too, if you are American or British.

Openness is good for your legal life, but also for your relationships with your audience. YouTube has a visual feature to help you make sure your audience knows that you are advertising for them.

Get your fans to pay you directly
This YouTube monetization strategy includes a few different ways to earn money, but it all has one thing in common: you should make it easy for your fans to show gratitude for their credit card.

Step 1. Hold live chats where people can use Super Chat
In early 2017, YouTube changed its previous feature of fan support via Super Chat. This is a feature only available to YouTube partners while streaming live.

Basically, your viewers can make their comments more visible – highlighted and pinned for a set amount of time – depending on how much they pay for live chat.

Step 2. Encourage your fans to become channel members

YouTube provides the ability to let your viewers pay you to become members of your channel. In exchange, they receive custom emoji, badges, and exclusive access for members only as live chat with you.

For example, Wintergatan is a Swedish group that replicates a comprehensive marble machine and sends videos about it to their YouTube channel. They always thank their channel members for their videos. They also make it clear that it is funded by membership fees:

You will need to develop a promotional plan to convince people to become members, which may or may not include membership levels. Like Super Chat, this feature is only available to YouTube partners.

Step 3. Encourage your fans to become subscribers to YouTube Premium
This step is the last in our list of strategies because it only benefits your channel indirectly. That means, when YouTube Premium members view your channel, you get their total subscription fee. (And every other channel they watch.)

Use refunds continuously or for one hour
Asking for donations online is now commonplace. Whether you’re looking to generate revenue from a pool of small monthly donations, or looking to fund a personal, channel-related project, how many people’s refunds YouTubers are making money from.

Step 1. Set up a fundraising account
YouTube has a list of approved sponsorship sites for people to choose from.

In terms of recurring funds Patreon is a top decision. For now, sites like GoFundMe or Kickstarter are best for single campaigns to get a new microphone, or a new laptop, or a new… band.

Even house names like Walk Off the Earth or Veronica Mars (okay, you’re a fictional character) use Patreon to fund their projects, be it music videos or feature-length films.

Step 2. Promote your campaign on your videos
Details of your specific goals so people know exactly what to expect once you are successful.

Also, offer attractive lucrative profits as your fans choose how much they want to donate.

For more details and promotions, check out this detailed guide to recovery strategies.

Step 3. Go beyond YouTube
A successful campaign is a matter for many platforms. We have tips on how to advertise your YouTube channel (and in addition, your refund campaign) everywhere.

License your media content
When a video spreads everywhere, all the news outlets want to keep a copy for their audience. Fortunately, well-established media companies are well aware that they need to pay for what they use. And voila, you’ve got another way to make money on YouTube.

As a content creator, licensing your most successful work in the media can be as simple as making sure you get it easily.

Step 1. Keep your contact details updated on your About page
You never know when the lightning will strike. Even if you do not have a business manager, set up a regular email account that you can identify with business questions.

Step 2. Sign up for the video rights market
Jukin Media is a good place to start. Even if you don’t have an infected video like the Chewbacca mask lady (see below), the media often needs timely drawings to cover their reporting.

For example, Jukin has a complete catalog of ‘news-related’ videos to contribute to, in the event that you have special images of a major natural disaster, plane crash, or locust plague.

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