There is no doubt in saying that Youtubers tend to earn a lot of money. But have you wondered how they can do so? Well, for starters, many YouTubers have successfully diversified their income streams.
Through this following article, we will be talking about how one can monetize their YouTube channel without any issues. Let’s get started;-
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How to Monetize Your YouTube Channel? A Step By Step Guide
1. Apply For the YouTube Partner Program
Before simply joining the YouTube Partner Program, here are some of the things that one needs to accomplish:-
If you are someone who is looking forward to making money through fan funding such as Super chats, super thanks, channel memberships, and even more then here are the minimum requirements to join the YouTube Partner Program:-
- 500 subscribers
- 3 Public Uploads in the last 90 days
- At least, 3000 public watch hours in the previous 12 months or 3 million Public YouTube Shorts views in the last 90 days.
However, to earn revenue from any video advertisements, then you must meet the following requirements;-
- 1000 subscribers
- At least 4000 hours of Public watch time within 12 months or 10 million Public short views within 90 day period.
Once you are accepted into the YouTube Partner Program, then you can simply monetize your content without in the need for any reapplication. Once you have hit the 4000 watch time and 1000 subs then you do not need re-apply for the partner program again and again.
2. Find Sponsorships
One can simply earn money from the YouTube Channel by partnering up with multiple brands & creating sponsored content. For this, you do not need to apply for YouTube partner program to monetize your channel.
Always look for a brand that resonates with your channel’s subject, demographics as well as your demographics. If you want to create content centered around a particular theme, then try to reach out to a specific brand.
3. Participate in Affiliate Marketing
One can earn additional revenue by including the affiliate links in the description of your videos. However, the research relevant affiliate programs with retailers & even receive a custom link to to simply add to your content.
If your viewers are highly engaged & then it is a great way to monetize your channel with the little bit effort.
You will earn a commission every time a viewer seems to purchase using your link. Therefore, many affiliate programs tend to offer a specific kind of discount coupon that you can share with your viewers.
4. CrowdFunding
It is not uncommon for YouTube channels to set up a crowdfunding account, which means monetizing your YouTube channel. Also, it is a great way to get access to fan funding that funnels backs into your channel, meaning viewers can simply contribute to the exciting content that you are producing.
5. Promote Your Videos On Different Platforms
It is always a fantastic idea to simply promote your YouTube channel through other platforms like Instagram reels, Facebook shorts & Instagram stories. For those who have already engaged with video content on these platforms then this is easiest way to convert them into your YouTube subscribers
Conclusion
In short, Yes you can make money on YouTube but monetizing your channel requires a good mix of creative content and consistent posting many times it involves plenty of smart work. By taking steps such as building a loyal audience, creating content that is compelling and well produced, discovering a variety of omnirevenue streams including ad revenue, brand sponsorships, merchandise and memberships you can turn your passion into profits. Just keep learning about the new policies and tightening up your content to ensure it attract both viewers as well as platform algorithms. With dedication and a bit of luck, earning on your YouTube channel can grow into a comfortable income
