How to Earn Money on YouTube 2023?
To earn money on your YouTube channel, you need to get your YouTube channel monetized.
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| How to get Monetization on YouTube 2023 |
How to Get Monetized on YouTube 2023
The most common way to monetize videos is through the YouTube Partner Program (YPP). Reaching partner status is an upgrade for your channel, as it allows you to place advertisements on your videos and make money every time you upload content.
YouTube pays creators through the Google AdSense program, but it takes a while to understand how the system works.
For now, just know that when a viewer watches/clicks an ad within your video, revenue is generated. That revenue is then split between you and YouTube, where you get 55% of the money, and YouTube takes the other 45%.
YouTube Monetization Requirements
YouTube is a bit selective about who it lets into the monetization program. Before you can apply to the YPP, you must have:
1.1,000 subscribers
2. 4,000 watch hours on your channel (within last 12 months)
3. (Or) 1,000 subscribers and 10 million eligible public Shorts views in the last 90 days.
A willingness to follow YouTube’s rules: the community guidelines, advertiser-friendly content guidelines, and terms of service
Are you struggling to reach these goals? Here are some in-depth guides to help you out on your monetization journey.
How to Join the YouTuber Partner Program
Once you’ve met all of YouTube’s requirements, you’re ready to apply to the YPP. Here are the steps:
1.Go to the YouTube Studio.
2.Click Monetization in the left navigation bar.
3.If you’re eligible to apply, you’ll see a blue button encouraging that action. Click it!
4.Review the YPP terms.
5.Setup a Google AdSense account, and connect it to your channel.
Wait patiently. YouTube will review your channel and email you with a decision.
How to Enable Monetization on YouTube
Once you enter the YPP, turn on monetization for as many videos as possible. You can do this while uploading new content, but it’s safer to wait until after you upload videos (at least a few hours).
By then, YouTube will have processed your content. You’ll know if the system found something that could demonetize the video, such as , extreme profanity, adult themes, copyright claims, etc.
Here’s how to enable ads on a YouTube video and make money:
1.Go to the YouTube Studio.
2.Click Content in the left navigation bar.
3.Select the video you want to monetize.
4.Click Monetization in the left menu.
5.Choose which ads you want to display on the video.
6. Click Save.
Extra Ways to Monetize on YouTube
and Earn Money
1. YouTube Sponsorship Deals, Brand Deals
With YouTube brand deals, you'll make money by featuring a product or service in your videos. You can work with multiple brands if you want, which leads to more money for your channel and less stress about earning AdSense revenue.
Unlike the YPP, you don’t need 1,000 subscribers and lots of watch time to profit from these deals. Having more subscribers is helpful, of course.
But consistent views and an impressive collection of videos are more important. You’re ready to seek out YouTube sponsorships once you have both.
2. YouTube Affiliate Marketing
Did you know you can make money advertising product links on YouTube? It’s called affiliate marketing, and it's an easy revenue stream to set up.how it works affiliate marketing on YouTube:
1.Sign up for various affiliate programs with different brands/companies.2.Get custom product links to share with your YouTube audience.
3.Earn a commission when viewers buy stuff using your link.
Now let's talk about how to do affiliate marketing on YouTube. For beginners, we recommend signing up for the Amazon Associates program. You’ll get access to hundreds of custom links for everyday products, and adding those affiliate links to YouTube videos (in the description section) will help you earn commissions.
3. YouTube Channel Memberships
Channel memberships offer exclusive content and perks to your biggest fans. When viewers hit the join button on your channel, they get a range of extra incentives: loyalty badges, private live streams, exclusive videos, and more. Creators choose what works best for their audience.Memberships are a smart way to earn money on YouTube because you can customize everything — even the price. Creators can charge members between $0.99 and $100 per month.
4. YouTube Live Streams
If you don't stream often, you’re probably wondering, How do YouTube live streams make money?Great question! You can monetize a live stream with ads, just like the regular videos you see on YouTube.
Additionally, Super Chats are another way to monetize YouTube live streams. These are “donations” or “tips” ranging from $1 to $500 that viewers send creators during a live stream.
5. YouTube Super Thanks
Livestreams are not the only mode of income where you can monetize through "tips." Last year, YouTube introduced the Super Thanks feature which allows viewers to purchase digital goods, such as stickers or animated GIFs, to show their appreciation for your content.
To encourage viewers to use Super Thanks, you can promote it during your videos, by adding a card or end screen that highlights the feature. Showing gratitude to viewers who have used Super Thanks in your videos or in your community tab can go a long way!
6. YouTube Shorts
Creators across all genres received some fantastic news late last year. As of February 2023, the YouTube Shorts fund is officially gone!Shorts creators can now sign up for YouTube's Partner Program and start making money from ad revenue.
All you need is:
1,000 subscribers and 10 million eligible public Shorts views in the last 90 days.
OR
1,000 subscribers and 4,000 valid public watch hours on long-form videos.
Let's go through the revenue-sharing model for YouTube Shorts. First, this new approach splits advertising revenue in two directions: between creators and music publishers. Money is pooled, calculated, and distributed as shown:
Here's how it works in detail:
A portion of all Shorts revenue goes to the creator pool, and that calculation is based on views and music usage across all Shorts.
Next, YouTube pays music publishers based on how often their intellectual property is used within Shorts.
For example, if a creator uses two music tracks in a Short, 66% of revenue goes to music publishers while 33% goes to the creator.
If a creator uses one music track in a Short, revenue is split 50/50 between them and music publishers.
If a creator uses no music tracks, they keep all revenue from their share of the creator pool.
Overall, monetizing creators keep 45% of their revenue share from the creator pool (after deductions are made for music usage).
So overall, Shorts monetization for creators is based on the number of views they got, their location, and the music tracks they used. Here's a video explaining it all
