Youtube has become a great video platform for uploading videos in longer formats. Whether it is a vlog, news, or fun vines, YouTube has become a video platform we all thoroughly enjoy and spend time with. Youtube has allowed many to come forward and show their talent and do things unique to their taste. Youtube will enable creators to monetize their accounts and channels, allowing them to grow and excel in their niche.
Monetizing means from where your videos can make money from you, but before you jump to conclusions, there are many things you should be aware of monetizing your account.
Here are the top ten ways on how you can monetize your account.
Join YouTube Partner Program
If you are looking for a way to start monetizing your channel on YouTube, joining the YouTube Partner Program will be among the top ways you can start monetizing your account. Becoming a partner is quite tedious and requires a lot of things from you.
There are specific minimum criteria that are first needed for you to meet, which are considered by YouTube before they approve you as a member of the YouTube partner program.
- Your channel must have a 1,000 subscribers.
- Over the last twelve months, you must have at least 4000 watch hours.
- The YouTube partner program must be available in your country.
- Create a Google AdSense account and link it with YouTube
- Your channel should not receive any strikes because of your inability to follow community guidelines.
- Have two-factor authentication for your channel.
When you are looking for an extensive list of criteria, it becomes essential to ensure that your channel has not received any copyright issues and upload videos you create.
Perks Of Joining the YouTube Partner Program
You shall gain many advantages when you join the YouTube Partner Program. One of the most significant advantages is that you can upload videos on any platform and still achieve monetization benefits on YouTube. You have access to a large audience group, allowing you to grow and expand your reach.
This also allows you to create better content. You can also access tools and provide content that your audience will love. YouTube partner program also allows you to customize and create a brand and business of your own. This will enable you to make your channel much more customized.
There are also many different ways which you can also use to monetize your account.
This is among the most traditional ways to make money through your YouTube channel. You can easily monetize one or multiple videos with the YouTube partner program. Even if you are not a member of the YouTube partner program, you can still use YouTube Ads.
YouTube ads work on three factors, and they are the viewers, creators, and advertisers. From the perspective of YouTube, the three factors are very different, but they all work together. The creators help build the audience, advertisers buy to reach that audience, and viewers watch the video and the relevant ads. If you want maximum benefit, choose all ad formats and ensure your content follows community guidelines and is user-friendly.
The ads are selected automatically on your videos, and they consider many factors, such as the type of audience, video metadata, and the content you have uploaded. Different types of ads can be imposed on your channel.
- Display ads: Display ads are present on the right side of the screen and can be seen above the video suggestion list.
- Semi-transparent ads are currently in your videos. They take the lower twenty percent of your ads.
- Non Skippable ads: The non Skippable ads cannot be skipped for six seconds.
- Skippable ads: These ads can be imposed anywhere in between the video.
There are mid-roll ads that are present on your videos in long-form content.
Another effective way for you to monetize your account is Paid Sponsorship. In this type of monetization, the brands or sponsors pay you to create content or try their products on your channel. Pain Sponsorships benefit both the parties and the viewers. This type of content is essential as it helps create awareness about the product among the audience.
But one should be aware that gaining sponsors takes work, especially if you are starting. One must be popular and have an influential following in your niche. If you are looking for more Sponsorships, then engagement is something that you should be worried about, and proper measures need to be taken to have reasonable engagement rates.
Affiliate marketing is a great way you can start promoting your account. Here you can send products from brands to the audience. When you follow buy using your referral link, you are commissioned some amount from the sale.
Affiliate programs are a great way to start. You don’t need any cost to start, and it’s straightforward. You can have very targeted products and ads which you can sell. The returns you gain are very high on Affiliate marketing.
Membership Programs on YouTube
If you have a large following, you can start your channel membership. Here your subscribers can join your channel and become members.
They get many perks, which include exclusive content and more. While the income from memberships is not fixed, it can increase and decrease, and how much money you can start will vary depending on the audience viewing your account. The only criterion to create a membership on your channel is to have at least a thousand subscribers.
Selling merchandise on YouTube is very promising and has become a significant revenue generator. When you pick a YouTube merchandise design, ensure it reflects your original work and art. There should be great diversity in the type of work you will put on sale.
The Merch Shelf on youtube allows you to show off your designs and merch under your videos. It displays up to twelve products on a desktop and three when using a mobile device. To avail of this feature, one’s channel must be approved for monetization, and you must be a partner of the YouTube Partner Program. Your channel should have more than ten thousand subscribers. The content of your channels should be directed at adults and not kids.
Super Chats And Super Stickers
Have you ever joined a live stream and noticed some of the messages are highlighted over others? Super chats, a feature available when a YouTube creator goes live, allows the creator to receive money from the viewers and get their message featured on the live stream. Other features, such as super thanks, will enable you to donate small amounts of money to your favorite creators and support their work.
Another excellent way for you to earn or monetize your account is YouTube Premium. In this, viewers subscribe to youtube monthly and yearly and then enjoy ad-free content. You get access to unlimited downloads, and even playbacks are available.
This affects monetization, but if your viewers are still watching ads, then you will be paid. The premium money is split among the creators, which may vary depending on your revenue.
Like Instagram reels, YouTube shorts allow you to add short video content. These videos can be from the 30s to 60 seconds long. You can benefit from YouTube shorts revenue.
In this, YouTube will pay you forty-five percent of revenue, which will be distributed. To be eligible for being a member of the YouTube shorts fund, one must have a thousand subscribers, and one must have ten million shorts viewed in the last ninety days
Influencer marketing is a great way to monetize your account. Here you can use your following and collaborate with brands and promote products. This is an excellent way for you to expand your reach and benefit both the brand and the audience. Influencer marketing has great potential to reach many people and build stable revenue for you.
While stable revenue is simple, one needs good engagement on their channel. Work towards creating much more audience-oriented content and the type of content that people relate to and resonate with. Youtube has emerged as an excellent platform for many, and they have learned the best way to monetize and add revenue through different media.
YouTube has become a good source of income, and today, many are benefitting from YouTube. A Youtube partner program or any other monetizing method works best when you have a vast subscriber list, likes, and views.