How to earn money on YouTube? tips and tricks to earn more
7 minute(s) read
Aug 07, 2020
In this article, we will explain all the money-making procedure in detail that enables you to earn a handsome amount through YouTube.
To earn money from on YouTube is as simple as uploading content or gaining a large number of views. Now, there are many pleasant ways to earn money from YouTube , such as fan funding, brand sponsorships, merchandise sales, etc.
Become a YouTube Partner
To earn money on YouTube, you will have to make a YouTube channel once you do it and made your channel successful enough to meet the needed requirements of the YouTube partner program. To become a YouTube partner you should have accumulating minimum 4000 hours to watch time and 1000 subscribers over the period of the past 12 months.
After this, you will be able to set up an AdSense account as you become a YouTube partner. Content creators who become the YouTube partner will have the access to various monetization channels of YouTube such as YouTube Premium revenue, advertising revenue and Super Chat payments. YouTube pays the content creators on the bases on impressions and clicks. YouTube takes 45 per cent of the revenue for itself, and the remaining 55 per cent of the revenue gives to the content creator.
Sell your own merchandise.
There are numerous products that you can sell through your tube channel to make decent money. You can sell your own hand made merchandise like coffee mugs, T-shirts, snapbacks, and many more. This will benefit you beyond imagination.
You can also create your own online brand that generates money for you as well as increases your exposure in the online world.
Create sponsored content
You can earn money by promoting different products or brand within your video. The benefit of creating sponsored content is that you will not have to give a specific amount to YouTube from your earnings. You can deal directly with the brand, and they will pay you directly.
There are many agencies which are helping to match social media influencers with brands on different platforms like Facebook , Instagram, YouTube and Twitter For example, Fambit is associated with YouTube, and it takes 10 per cent of any sponsorship as its brokerage fee.
Get your fans to pay you directly.
You can also earn money is through channel memberships. Your followers and fans can pay you directly in exchange of creating bonus content such as special videos, badges, live chats, emojis, etc. 30,000 subscribers then you are enabling of avail this monetization feature of YouTube.
Use crowdfunding on an ongoing or one-off basis.
You can ask your fans for "fan funding" for a project. As a content creator if you are making quality and good content, then you can incline your fans to help you on a one-off or ongoing basis. Especially when the money is the only thing that stands between your idea and its implementation, then crowdfunding is the best way to make it happen.
Whether they help you need is to hire actors, buying advance equipment or covering the overhead costs, you can call fan funding communities to support you if your idea is compelling or persuasive enough.