How to Make Money on YouTube? (Tips for 2024)

Introduction

How can you monetise YouTube? If you’re anything like me, you probably pose this question to yourself every day. Although my YouTube videos have grown in popularity over the years, they haven’t brought in any money for me. I started writing this article for that reason. To help you decide if it’s appropriate for your channel, we’ll go over all the many ways that people can earn money on YouTube in this article.

What is YouTube?

You probably know these but let me remind you once more:

• The largest online video platform is YouTube. Over 1.8 billion people use it worldwide, and more than 1 billion hours of video are watched there every day.
• YouTube is a website that allows anyone to create, view, and share videos. Users can choose to monetise their channels by adding advertisements (Google Ads) to their videos or by producing sponsored content (i.e., brand deals). To get started, you don’t need any specialised hardware or software; all you need is a webcam or mobile device (a smartphone or a tablet) that can record in HD and submit your videos for free immediately to your channel!
• Chad Hurley, Steve Chen, and Jawed Karim created the website in 2005 after experiencing difficulties uploading movies to other websites like MySpace because of file size limitations at the time when social media platforms hadn’t yet been created!

Related Article: Social Media Marketing Tips

How to Start a YouTube Channel?

We’ll explain how to launch a YouTube channel once you have a better understanding of what it takes to succeed as a YouTube entrepreneur.

Step 1: Create a Google account. A Google account is free and can be used for many things like Gmail, Google Drive, Calendar, Meet, etc.

Step 2: Go to [CREATE A CHANNEL] (https://www.youtube.com/dashboard).

From there, you must provide your personal information, channel-related details, and a profile image (or use the default one). Then, if applicable, include links to your website, Twitter account, and/or Facebook page (if applicable). * * You can also make playlists here so that viewers who appreciate one of your videos can see others in the same topic- or genre-related videos.

Join the YouTube Partner Program

Joining the YouTube Partner Program is the first step to earning money on the platform. You can use this platform to run advertisements on your videos and make money from them. Of course, the process takes time. Before you can join the program, you need to have at least 10,000-lifetime views.

However, if accepted, there are a number of options for YouTubers to profit from advertising revenue:

• Display ads are tiny advertisements that appear in the bottom right corner of videos as they are playing (with sound). Display adverts just display while you watch the video; they won’t halt what you’re watching or interfere with your viewing experience. All business dealings between advertisers and creators are handled by YouTube, ensuring smooth overall advertising!
• Pre-roll adverts are those that appear before other content starts to play (with sound). They resemble standard display advertising, but because they appear just before something intriguing starts playing—like an episode of your favourite TV show or a movie trailer—they have a greater impact.
• YouTube has announced a Premium feature in which subscribers don’t see the ads, and YouTube shares its revenue with YouTubers. So we can count this as the third income stream.

People must watch this form of advertisement for a sufficient amount of time for it to be effective. These kinds of adverts can’t be skipped, so content creators like you can’t profit from having them shown while their work is being consumed. This means that before displaying any form of ad placement, viewers must not only be engaged in what they are seeing right now but also how much time has passed.

What Sort of Content Must You Produce?

You should produce original, worthwhile content. If you: Your audience will get a lot of value out of it if you:

• Make your content entertaining. Think about what kind of content people would want to watch, listen to, or read for fun. Then, create something similar but better!

• Create educational content. This could be anything from how-to tutorials on makeup or cooking to guides on how to save money by shopping at thrift stores instead of department stores (or anywhere else). The more information you provide in an easy-to-understand way, the more likely it is that someone will stick around and keep learning with you!

• Create useful information for people’s everyday lives so they can learn new skills or improve their current ones over time, as well as make informed decisions about things like finances and relationships when needed too!

How to Grow Your YouTube Audience

• The more followers you have, the more views you will receive. 
• You can make films on any subject and share them with the world.

How to Make Money on YouTube?

One of the top queries from new YouTubers is how to make money on the platform. There are numerous ways to monetise your YouTube channel, but not all of them are successful. What you should really be asking is: How much money do YouTubers make? In order to respond to this question, it is necessary to define the various sources of income that a YouTube content creator may receive.

Can you make money from YouTube Shorts?

Yes, you can make money from YouTube shorts. You can also make money from creating and posting other content on your channel that isn’t a short film. You’ll still need to get your videos seen by people though!

YouTube Red is also another way to monetise your YouTube channel. This is a paid subscription service where users pay $9.99 per month for an ad-free experience, exclusive content and videos in the background while using other apps or sites on their device (for example: listening to music). Your earnings will come from what people are willing to pay for this service if they choose it over a regular YouTube viewing experience, so make sure there’s something worth paying for!

On YouTube, you can earn money while expanding your audience and having fun.

Although there are many ways to monetise your YouTube channel, in this article, we’ll cover the essentials. You should be aware that your channel can only generate income if it receives a large number of views, subscribers, and engagements. Nobody will pay you for adverts on your videos if your channel doesn’t have enough subscribers for sponsors to be interested.

YouTube does not let its “YouTubers” (producers) to produce videos only for the purpose of earning money from YouTube advertisements; instead, they prefer creators who produce material that viewers want to watch and recommend to their friends and family, encouraging them to return frequently. There’s no use in earning rich rapidly if nobody likes what you’re posting anyway, so concentrate on producing high-quality material instead!

Monetising videos (or permitting advertisements on them) and uploading videos directly into Adsense are the two main ways to make money online (an ad network).

Upload videos to YouTube

The first step to earning money on YouTube is uploading videos. But to ensure that your movies are viewed by as many people as possible, you need to know what you’re doing. It’s not enough to simply submit a video and call it a day.

How? Read on!

Direct Video Uploading From Your Computer or Phone

The majority of individuals choose to upload their films directly from their computer because it can be done fast and without the need for any additional tools or steps. However, this method might not work for you if you’re using an outdated gadget without internet connectivity (and maybe even if it does). Try uploading videos directly from your phone if that’s the case. When necessary, this will enable rapid and simple uploads without the need for expensive hardware or software.

Make Money from Your YouTube Videos

A great approach to making money from your YouTube channel is to monetise your videos there. In reality, this has grown to be one of the most well-liked methods for YouTubers to create money and support their lifestyles.

You must be a member of the YouTube Partner Program and fulfil certain requirements in order to monetise your YouTube channel and start making money:

• You must have at least 1,000 subscribers on your channel 
• You also need 4,000 watch hours over the course of the last 12 months.

Make Your YouTube Channels Ad-Ready

You may monetise your YouTube channel in a variety of ways. Only the most well-liked technique—enabling advertisements on your YouTube channel and videos—will be covered in this post.

To make your YouTube channels and videos ad-supported:

Go to “Creator Studio” at https://www.youtube.com/creators/studio/ after logging into your Google account on a computer or mobile device using the Chrome browser. Under the “Creator Studio” logo in the left-side menu, select “Accounts.”

Create Content With Advertisers

• Make sure that you get along well with the advertiser. Although it ought to go without saying, it’s crucial to make sure that you get along well with the businesses whose goods or services are promoted in your films. Additionally, it’s crucial to confirm that those businesses aren’t breaking any rules by promoting you in their own content (for example, they may not be allowed to advertise certain kinds of products).
• Verify that you are not breaking the terms of service. Be mindful of any YouTube laws and standards that forbid monetisation when posting videos, as well as any guidelines that are particular to the placement of AdSense ads on particular channels or videos. * Make sure you are not violating the rights of others. Even if it’s simply a video clip from one of their other videos, if another creator has copyrighted their work in some way, you are not permitted to use it without the owner’s express consent. Before you publish your film to YouTube, be sure there are no legal issues with it. Know how much each advertisement will bring in! This step cannot be avoided: Before investing the time and resources necessary to create a full movie, you must ascertain how much money each advertisement will generate.

Sell products

Create your own apparel, such as t-shirts, hats, or coffee mugs, to start. To sell products with your branding on them, you might also use the YouTube Merchandise Studio. We advise using a third party like Teespring or Printful if you want to earn money from selling goods. This will make it easier for you to keep track of all purchases and expenses so you can determine how much profit is being earned from each item sold.

It’s worthwhile to sell your goods on additional websites like eBay and Etsy as well if you want to increase your earnings!

Create commercials and goods that will help you advertise your channel, generate income, and benefit your viewers.

Making a product that suits your expertise and appeals to your passion is a terrific approach to monetising your YouTube channel. You can sell any kind of item, from instruction ebooks to specialised training courses.

Create an opt-in page where visitors may sign up and receive notifications when the product goes live in order to sell it. Make sure there are some sort of incentives included with the purchase if you are selling an ebook or other digital goods (e.g., videos or audio files).

Consider creating movies about your product before it goes on sale to let customers know what to expect from you! Once more, be sure that these videos serve your viewers rather than simply attempting to sell them anything.

Related Article: What is Affiliate Marketing?

FAQ Regarding YouTube Income

How many views are required on YouTube in order to be paid?

It varies. A specific amount of views does not ensure that your video will be profitable. Every video is different in some manner, and YouTube takes time to review the content before letting you make money from it. However, we’ve noticed that there’s a good probability that your videos will be monetised if your channel has more than 100 subscribers and at least 1,000 views.

How soon will you receive payment from YouTube?

Once more, this varies based on several aspects, including how much money they anticipate making from your videos, how much effort they anticipate you to put into them (such as by producing bespoke thumbnails), or even if they want to wait till your films get better before they spend money (see “YouTube Beginners” below). However, generally speaking, we advise waiting anywhere from six months to a full year after uploading each new video under consideration if you’ve been using YouTube for a short while. If you’ve been using YouTube for a while, we also advise waiting up to three months before expecting payment.

How many YouTube subscribers are required to make money?

Before anticipating any sort of financial advantage from the advertising revenue generated by their channel page, you should have at least 10,000 members.

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Conclusion

We appreciate you reading this article and hope it has given you some insight into how to monetise YouTube. You can achieve this by producing high-quality material that is relevant to your audience with the aim of making money off of it through sponsorships or adverts.