Are you a YouTube creator looking to monetize your channel? You don’t need to be a professional YouTuber with millions of subscribers to start earning money. With the right knowledge, you can easily monetize your YouTube channel and start making money. In this article, we’ll provide you with the steps and information you need to monetize your YouTube channel.
What is YouTube Monetization?
YouTube monetization allows creators to earn money from their videos through advertising and other revenue streams. When a viewer watches a monetized video, they may see ads before, during, or after the video. The creator of the video earns a portion of the ad revenue based on how many views the video gets.
Monetization on YouTube is a way for creators to make money from their content, but it’s important to note that not all videos on YouTube are monetized. Creators must meet certain eligibility requirements and follow YouTube’s monetization policies in order to monetize their videos.
How to Monetize Your YouTube Channel
If you’re interested in monetizing your YouTube channel, here’s how you can get started:
1- Enable monetization on your YouTube channel:
To monetize your videos, you’ll need to enable monetization on your channel.Â
Here are the steps:-
1- Go to the YouTube Studio.
2- Click Monetization in the left navigation bar.
3- Click on the blue button- Notify Me When I’m Eligible
4- Wait patiently. YouTube will review your channel and email you with a decision.
2- Set up an AdSense account:
In order to receive payment for your ad revenue, you’ll need to set up an AdSense account. AdSense is a free service that allows you to monetize your content and receive payment for your ad revenue. To set up an AdSense account, visit the AdSense website and follow the prompts.
3- Meet YouTube’s eligibility requirements:
In order to monetize your videos, you’ll need to meet YouTube’s eligibility requirements. These requirements include having at least 1,000 subscribers and 4,000 watch hours over the past 12 months or 10M shorts views in the last 90 days. You’ll also need to follow YouTube’s monetization policies, which include guidelines on content and behavior.
4- Choose which videos to monetize:
Once you’ve enabled monetization on your channel and set up an AdSense account, you can choose which videos you’d like to monetize.Â
Here’s the step-wise guide to enable monetization.
- Go to the YouTube Studio.
- Click Content in the left navigation bar.
- Select the video you want to monetize.
- Click Monetization in the left menu.
- Choose which ads you want to display on the video.
- Click Save.
Note: Monetizing videos does not guarantee that ads will be shown on them.
5- Earn money from your monetized videos:
When viewers watch or click an ad within one of your videos on YouTube, it generates revenue that is split between you and YouTube. You will get 55% of the money, and YouTube takes the other 45%. This is done through the Google AdSense program, but it takes a bit of time to understand the ins and outs of how it all works.
You can track your earnings in your YouTube Analytics or in your AdSense account. Payments are made monthly, and you will need to provide YouTube with your tax information before you can start receiving payments.
Click on the video on How to Monetize Your Youtube Channel and Setup Google Adsense Account
Tips for Successfully Monetizing Your YouTube Channel
Here are a few tips to help you successfully monetize your YouTube channel:
- Create high-quality content: To earn money from your videos, you’ll need to create content that people want to watch. This means focusing on topics that are interesting, informative, or entertaining, and presenting your content in a professional and engaging way.
- Engage with your audience: Building a strong and engaged community is key to success on YouTube. Make sure to respond to comments, ask for feedback, and interact with your viewers to build a loyal following.
- Follow the YouTube Rules for Monetization: It’s important to follow YouTube’s policies and guidelines to ensure that your videos are eligible for monetization. There are many rules to follow, and your channel will be monitored to verify that you comply. These policies include
- Google AdSense policies
- Community Guidelines
- Copyright
- Monetization policies
- YouTube’s Terms of Service
- Use tags and titles: To help your videos get discovered by more viewers, be sure to use tags and titles that accurately describe your content. This will help your videos show up in search results and recommended
Additional Methods of Generating Revenue on YouTube:
There are a few additional ways that you can monetize your YouTube channel beyond just running ads on your videos. Here are a few options:
– Sponsorships and brand deals:
You can partner with brands and receive payment in exchange for promoting their products or services in your videos. For example, a beauty influencer might partner with a cosmetics company to feature their products in a tutorial video.
For example: Check the below video where Arnakshi Patgiri collaborated with Buds & Berries
– Merchandise:
You can sell merchandise such as t-shirts, hats, or other branded items through your channel. This can be a great way to monetize your channel, as you can sell a wide range of products and receive a profit on each sale.
For example- Printify, Bonfire, etc.
– Patreon:
Patreon is a platform that allows you to receive monthly payments from your fans in exchange for exclusive content or perks. This can be a good option for creators who have a dedicated and engaged audience.
– Online courses:
If you have expertise in a particular area, you could create and sell online courses on your channel. This can be a good way to monetize your channel if you have a lot of knowledge to share and can provide valuable information to your viewers.
– Live streams:
You can monetize your live streams through the YouTube Partner Program, which allows you to earn a share of the advertising revenue generated during your live streams.
– Affiliate marketing:
You can earn a commission by promoting products from other companies in your videos and linking to those products in your video descriptions. When your viewers click on the link and make a purchase, you earn a commission.
So, these are some other ways to monetize your YouTube channel, but the best approach for you will depend on your audience and the type of content you create.
In conclusion, monetizing your YouTube channel can be a great way to earn additional income and turn your passion into a career. There are a variety of options available for monetizing your channel, including displaying ads, selling merchandise, and partnering with sponsors. By consistently creating high-quality content and building a strong audience, you can effectively monetize your channel and achieve your financial goals. It’s important to carefully consider your options and choose the monetization method that best aligns with your goals and values. With dedication and hard work, you can successfully monetize your YouTube channel and achieve your dreams.
