For many, making money on YouTube is a dream. After all, YouTubers seem to have a great life and the adoration of their fans to bask in. And since creating a YouTube channel is easier than ever, there is no harm in thinking big and aiming high.

However, while creating a YouTube channel is simple, turning it into a cash machine is not as straightforward. You may earn your first hundred dollars by selling something or landing a sponsorship deal, but maximizing earnings requires understanding all your choices before you dive in.

We've created this article to walk you through all the information you'll need to know if you want to know how to make money on YouTube. At the end of this article, you will know the different ways to make money on YouTube, and you will be able to grow your own business with one of the biggest Internet platforms in the world.

Can You Make Money on YouTube?

The short answer is yes. Thousands of people do it. And not all of them have million of subscribers to boot. Contrary to popular belief, YouTube isn't just a numbers game - your earnings potential also depends on the niche you cater to, the level of engagement you generate, and the revenue streams you tap into. That's not to say subscribers and views aren't important – check out our easy tips for getting more views on YouTube.

Do You Get Paid for Uploading Videos on YouTube?

YouTube does not pay creators for uploading videos on YouTube. Also, the videos are not monetized by default. In order to start earning money on YouTube, you have to enable monetization from your account settings. YouTube gives you the option of joining its Partner Program or having your videos featured on YouTube Premium (more on this later).

How to Make Money From YouTube

If you've been looking for new ways to generate income, you may wonder how to make money from YouTube. Well, there are a variety of different ways you can start earning on the platform, most of which revolve around creating compelling video content. Here's a look at some of the popular YouTube revenue streams available:

Relate Article : YouTube Shorts Creators Can Now Start Earning up to $10,000 Per Month With Viral Videos

1. Join the YouTube Partner Program

If you've been wondering how to make money from YouTube, then it's important that you're aware of the YouTube partner program and how it works. YouTube content creators will not be able to monetize any of their videos until they have been accepted into the YouTube partner program.

When your YouTube channel has 1,000 subscribers and 4,000 public views, it's reviewed to join the Partner program. This means that you won't be able to generate any revenue until you've hit these numbers, so it's essential to keep creating content and increasing your channel's reach. You can apply for monetization once you meet the program's criteria

How to enable monetization on YouTube:

  1. Log in to the YouTube account you intend to monetize.
  2. Click on your account's icon in the top right corner, then click on YouTube studio
  3. From the left-hand menu, select Other Features > Monetization.
  4. Go through the partners program terms and click agree.
  5. Connect an existing AdSense account, or create a new one for your channel
  6. Define your monetization preferences.

After taking these steps, head back to the dashboard and open the Analytics tab on the left. On the next screen, select Revenue from the top and then scroll down until you see the chart Monthly Estimated Revenue. The chart will give you an idea of your predicted monthly income.

How many views do you need to make money on YouTube?

The number of views your videos get doesn't relate to your YouTube earnings. If you get thousands of views, but no one clicks your ads or consumes content, you will not earn any money.

YouTube also has criteria for paying publishers to run ads on their channel: a viewer must click the ad or watch it in full for you to earn money.

That said, there is good news for people learning how to make money off YouTube: You are no longer solely dependent on advertisers to earn revenue. Programs like YouTube Premium now exist to help you make money without ad-clicking or consuming.

2. Get Featured on YouTube Premium

How do you make money on YouTube besides running channel ads? YouTube Premium is the answer.

YouTube Premium is a paid membership service that allows people to watch ad-free videos. Creators don't have to do anything, because they'll automatically get a second revenue stream when YouTube Premium members play their videos.

As with the YouTube monetization rules for advertising-based revenue, most of the revenue generated via Premium membership fees will go to creators (total revenue distribution is based on how much Premium members watch your content).

Premium members will also get the chance to download and watch your videos offline and play them in the background, which contributes to your watch time.

3. Offer Channel Memberships

When your YouTube channel gets more than 30,000 subscribers, you can add another stream of income by leveraging channel memberships. This is where fans pay $4.99 a month for a membership package that includes perks such as early access to videos, members-only live chat, exclusive emojis, and more. Members will be highlighted in comments, live chat, and the Community tab via special members-only badges.

Because the audience is well aware that it can be a real challenge to get a YouTube creator's attention, it makes sense to offer channel memberships. And voila, you have got another answer for how to make money from YouTube.

Pro tip: Use your videos to remind people they can become exclusive members by clicking the “Join” button on your page.

4. Endorse Affiliate Products in Your Videos

Businesses are well aware of the potential which YouTube channels have, and they're always looking to exploit this to grow their own business.

Once you've garnered a substantial following on the platform, you'll likely experience businesses reaching out to you and asking you to promote their products in exchange for cash. Consider getting an affiliate of these brands and including product placements in your videos. You can also register for popular affiliate programs to expand your affiliate network.

It can be a great way to generate some extra income, but be careful when doing this, as viewers are well aware when something is being advertised.

Pro tip: Only promote products that you think will be of value to your audience, and disclose the partnership to your viewers — that'll help you comply with YouTube's policies.

5. Monetize Live Streams via Super Chat

Super Chat is a new popular way to make money from YouTube. The feature lets your audience purchase chat messages that stand out and, in certain instances, pin them to the top of the comments section of a live stream. So when you go live on YouTube, you can use Super Chat to monetize your streams.

YouTube monetization rates for Super Chats range from $1 to $500, and the company takes a 30% cut from the revenue. For anyone wondering how to make money from YouTube Super Chat, the key is organizing and promoting live streams.

Promote them in videos, on other social media platforms, and wherever else your audience loves hanging out.

6. Become a YouTube Influencer

With influencer marketing on the rise, there's a great opportunity for you as a creator to get in on the action.

But where do you begin? According to YouTube marketing expert and influencer Brendan Gahan, creators should set up a flat fee by taking the number of views their videos typically receive and multiplying it by 15 cents per view.

The digital marketing agency WebFX listed the following figures for how much YouTube influencers can expect to earn:

  • $20,000 per video for creators with a million subscribers
  • $2,000 per video for creators with 100,000 subscribers
  • $200 per video for creators with 10,000 subscribers

The key to earning more is partnering with brands whose products are of value to your audience.

Some influencer marketing platforms will connect you with big brands that are willing to pay high, while others will get you free products. Agree to the opportunities that will best suit your needs.

7. Lead Viewers to Your Products

It doesn't matter whether you're already running an e-commerce business, or you're just looking to learn how to make money from YouTube, it's a great idea for promoting your products on your channel. You can promote items in both your videos and your descriptions it's a great way to generate more traffic to your website.

If you haven't already set up your store, you can use Shopify to set up your own store with ease. Once you've got your store up and running, you can sell products that make sense to promote to your audience, be it merch, products you've mentioned in your videos, or just items that you think your viewers will be interested in. . If you're exploring ways to make money from YouTube, this is a great opportunity.

How to Make Money From YouTube Videos

If you've been wondering how to make money from YouTube videos that you post, there are a few great tips that you'll need to keep in mind when you're creating content.

1. Try to Make Your Videos 10+ Minutes Long

When you make videos for YouTube that are longer than 10 minutes, you will have a higher chance of generating more money through ad revenue. YouTube videos which are longer than 10 minutes will likely have a higher watch time, which positively contributes towards the amount of ad revenue that said videos would generate. Also, videos that have a higher average watch time will appear higher up in YouTube's search results, which means there's a higher opportunity for users to view your content.

2. Collaborate with other YouTubers

One tactic you can use to make money from YouTube videos is collaboration with other YouTubers. This is a great method that allows you to grow your YouTube presence, add unique content to your channel, and open up your content to a whole audience. Do some research on YouTubers who are active in your niche and reach out to them with a great video idea — they'll be more than likely to be interested in collaborating.

3. Create Engaging and Informative Content

This is vital for your YouTube channel's success. YouTube users are always looking for videos that will entertain them or will give them value. If you can provide your audience with such video content, they'll be likely to watch the whole video, and come back for more video content in the future. Pro tip: Dive into YouTube analytics to see which demographic is paying more attention to your video. Doing so will give you a better idea of what kind of content to create. For example, if you find that your video is more popular with Gen Z, you can try using a few of their favorite slang words in your video.

4. Make the Most of Your Descriptions

This description is another valuable answer for how to make money from YouTube videos. They help people find your content and decide whether to watch it or skip it. When writing descriptions for your videos, follow the age-old journalistic writing approach: mention the most obvious things first, then work towards a less crucial one. Also, try to explain what viewers will gain by watching the whole video and try to mention at least a few of their pain points (pain points get people to click!). Finally, use the language that your prospective audience will understand and relate to.

5. Build Your Following With Consistent Posts

When you're running a YouTube channel, it's a great idea to post consistently content. When you maintain a steady stream of content for your viewers, they'll still be engaged with your channel. This means that they'll be much more aware of your online presence, and the properties attached to it, just like your ecommerce business.

How to Make Money on YouTube Without Making Videos

The only way to make money from YouTube without creating videos is to reuse other people's content. Not many people know this, but YouTube has a library of videos which fall under the "Creative Commons license."

Some forms of the license allow you to publish other people's videos on your channel and make money from them. For example, if you find a video that's published under the CC-BY license, you can use it and even make adaptations for it to reflect your own input.

Relate Article : YouTube Monetizes Video Shorts With 45% Revenue Share

How to Get Paid on YouTube?

Anyone exploring how to make money from YouTube may also want to learn how to get paid from YouTube. As per my knowledge, you'll need to set up several things to receive payments from the company.

First, sign up for a Google AdSense account using your Gmail ID, then select your choice of payment from wire transfers, Western Union Quick Cash, EFT (electronic funds transfer), SEPA (Single Euro Payments Area), and checks.

Depending on your location, you may also need to submit your tax information while creating your AdSense account. Once AdSense is set up, you can request payment once you meet the minimum payment threshold. Below is a table from Google indicating the threshold value per currency.

Since Google never issues payments for less than the above thresholds, you won't be able to choose a form of payment until your earnings have reached the amount stated in your local currency.

How to Make Money From YouTube Despite The Competition

When you're researching how to make money with YouTube, remember that you will not be competing solely with other entrepreneurs for traffic and revenue. There will also be full-time YouTubers who are fighting for your audience's attention.

It's important to keep this in mind while you're creating content for your channel. You can stand out from the crowd by creating attractive video thumbnails and titles. Remember, YouTube is a heavily visual-oriented platform, so nailing these will help you to attract more users to view your videos.

The audio and video quality of your content can also play a big role in your success. You'll want to portray your brand in a positive, professional light, so your video content will need to be of high quality.

You can beat the competition by taking advantage of YouTube SEO. Creating SEO content for your video descriptions is a great way of generating organic traffic for your YouTube channel. You can find a guide for YouTube SEO here.

Frequently Asked Questions About Earning Money from YouTube

When do you start making money on YouTube?

You can monetize your YouTube account as soon as you are accepted into the Partner Program. Before that, you can try to land sponsorships from brands that pay creators to create good content. If you run an e-commerce store, you can start making money on YouTube the same day you create an account by promoting your items via the platform. Just make sure to spread the word before hand that you'll be showcasing your products and leaving links through your channel.

How many subscribers do you need to earn money on YouTube?

You need 1,000 subscribers to apply for the YouTube Partner Program, which allows you to monetize your channel and earn revenue from advertisement.

How many YouTube views do I need to make $100?

Several factors define how much you can earn from YouTube. Video creators get paid per click on video and banner ads. So you can get 10,000 views or 10,000 views and make 100$. It depends on how relevant the advertisements are to your audience and whether they click or ignore them.

How much money does 1 million YouTube views make?

According to earnings data collected by Business Insider, a video creator with 1 million YouTube views will net between $3,400 and $40,000.

Summary: How to Make Money on YouTube in 2023

There are several ways to make money from YouTube. The proven ways are:

  1. Join the YouTube Partner Program and earn from ads.
  2. Get your videos on YouTube Premium.
  3. Sell channel memberships to your target audience
  4. Creating promotional videos for brands.
  5. Monetize live streams through YouTube Super Chat
  6. Earn money as a YouTube influencer.
  7. Selling products to your YouTube audience directly.

Are you making money on YouTube? What monetization method works the best for you? Let us know in the comment section below.

Resources : OBERLO

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