So, you’ve just started your very own YouTube channel and are now looking to learn how to monetize it. Monetization is one of the most important elements of a social media platform like YouTube. The knowledge and ability to monetize your content can help reward your efforts financially, helping you invest in your channel and grow further. However, learning all about monetization in YouTube can be a bit of a tricky affair. There are several intricacies that make up the world of monetization, and we are here to help you understand them better in this guide. Here, we will walk you through all of the different ways how to get YouTube Channel Monetized?
How to Enable Youtube Channel Monetization?
In order to monetize and earn revenue from your own YouTube channel, you need to apply for the YouTube Partner Program (YPP). Before doing so, there are a few criteria that you first need to meet, failing which you will face rejection from the program.
Signing up to the YouTube Partner Program (YPP) to Monetize your Channel
Here are the criteria you need to meet to become a part of the YPP.
- You need to have an active YouTube channel with a minimum of 1,000 subscribers.
- The said channel needs to have a minimum of 4,000 legitimate watch hours over a period of 12 months.
- To be a part of the YPP, you need to live in a country where the program is available.
- The concerned channel should not receive any Community Guideline strikes.
- You need to link the concerned channel with an AdSense account.
- You need to enable and use two-step verification for the channel’s associated Google account.
How To Use YouTube Marketing Service to enable Monetization faster?
If you are new and struggling to grab enough subscribers as well as watch hours, there are a few ways to hit the number faster. You will have to use a YouTube Marketing Service that increases your video content reach. It’s a legit method used by many new and growing channels. Via YT Marketing Service you can via ads market your video to a broader audience. It in return will get you more views and subscribers. You can use platforms like Veefly, a YouTube ads marketing service that allows you to target relevant audiences using Google Ads. All you have to do is provide the video URL and done.
Set up your budget and let the experts from Veefly handle the issue. There are many other platforms that can offer you a similar service. The only issue is to find one that offers you genuine users and organic reach. Once you meet all these criteria, you can expect to be successfully inducted into the YPP. Upon your entry into this program, you will be able to benefit from the ability to earn revenue from your channel. You can do so in the following ways:
1. Use Ads to Enable YouTube Monetization
Picture this. You click on the video of one of your favorite YouTubers. What happens next? You find yourself looking at a 10-second advertisement. You look to your right, and you find another ad banner next to the video too. How did these advertisements get here? Why are they even a part of the video you originally wanted to watch? Well, that is what YouTube ads are all about. Playing an advertisement before your video, or placing an ad banner on the same page as your video can help you earn revenue. You also have the freedom and ability to place advertisements according to your preference. The platform allows you to choose from a bevy of different ad formats.
YouTube offers you the ability to either monetize multiple videos or individual videos. Before enabling advertisements on your videos, you need to make sure the content in the said videos meets advertiser-friendly content guidelines set by YouTube.
2. Affiliate Marketing
When making YouTube videos, you may notice the use of certain products. These could range from camera gear and equipment to even personal care products or clothing (depending on the content you create). You’ll be surprised to know you can actually earn quite a decent revenue by helping sell these products through affiliate marketing.
In order to enable affiliate marketing, you need to sign up for an affiliating marketing program with a website or an e-vendor. There are plenty of websites that allow you to sign up for affiliate marketing programs. While the amount of money you earn from this medium may vary across websites, you can still manage to earn a decent amount, depending on the quality of your content.
Feel like your YouTube channel has been growing steadily for quite some time with a decent fanbase too? Well, then it’s time to explore the wonderful world of merchandising. Merchandising is a great way of monetizing your YouTube channel. There is absolutely no limit on the types of merchandise you can create. As long as you put effort into the design and have a good base of subscribers and viewers, you should be able to make a decent amount of money.
4. Paid Sponsorships
Imagine getting the chance to collaborate with your favorite mobile brand for no cost while also being paid! Well, that is just an example of what paid sponsorships can be in YouTube. These types of deals offer you the ability to make money while also getting the opportunity to endorse and use a certain product or service.
Such partnerships are usually a win-win affair, with both, the brand as well as the content creator benefitting monetarily.
By offering memberships to your fans, you give them the opportunity to gain access to exclusive, high-quality content that is almost tailor-made to them. Additionally, channel memberships are a great source of revenue, as long as you maintain a high quality of content and you have a ready base of supporters willing to pay for exclusive content.
Additionally, you can also use channel memberships as an opportunity to offer discounts on merchandise and interaction opportunities.
6. Making use of Super Features
If you are the kind of YouTuber that spends a good chunk of time live-streaming content, you can take a look at Super Features. With the help of elements like Super Chat and Super Stickers, supporters of your channel can show their appreciation for your content monetarily. The world of Super Chats, Stickers, and Thanks is quite vast, so we recommend you explore it for yourself.
7. YouTube Premium for Channel Monetization
While not necessarily the most popular way of monetizing your content, YouTube Premium offers viewers the ability to view videos without ads. Additionally, you can also download videos and play them without keeping the app open. YouTube pays channel owners who create content for Premium in the same manner as they do for ad revenue.
8. BrandConnect by YouTube
BrandConnect is an initiative by YouTube to help connect content creators with different brands. With the help of this venture, you can collaborate with brands for campaigns. However, this feature is only available in the United States, United Kingdom, and Canada at the time of writing this guide.
So there you have it. These are all of the different ways you can enable monetization on YouTube. Each of these methods has its own unique ways of working. When trying to monetize your channel, you may find that some methods work better than others. At the end of the day, it all depends on the type of content you create and your personal channel goals.