Today, YouTube offers a virtually limitless array of career options. As a result, making money on the platform is both possible and challenging at the same time.
So, if you’re curious about how to monetize your YouTube channel, allow us to describe the various ways you can earn money on YouTube. Affiliate links, sponsorship, the sale of merchandise, channel membership, online courses, etc, are some ways you can monetize your YouTube channel.
To generate revenue on YouTube, the first thing is to be eligible for the YouTube Partner Program. So to qualify for YouTube channel monetization, a channel has to have completed 4000 watch hours in the last 12 months and have at least 1000 subscribers. Also, your channel must refrain from having any active community guidelines strikes.
How To Get Monetized On YouTube?
Once the YouTube channel has been reviewed and approved for monetization, you can begin growing your revenue streams. So, let us look at the ways of YouTube video promotion and earning some big bucks.
1. YouTube Ads
Once you join the YPP, set up an Adsense account and get paid for every YouTube view the ad receives. To earn revenue, the content you upload has to be audience-friendly and less controversial. However, YouTube ads are one strategy that must be in the mix of your YouTube video promotion.
2. Sponsored Content
Branded content on YouTube can get you paid more, eventually generating the maximum revenue for your channel. and earn more money. It is one of the most popular ways that YouTubers use for monetization. However, getting sponsorships is not easy. First, you must have consistent YouTube views and a loyal base of subscribers to convince established companies to sponsor your video.
Marketers will pay handsomely to get their products in front of your viewers, so this might be a lucrative revenue stream if your videos are popular.
3. Affiliate Marketing
Try affiliate marketing if you’re still pondering how to monetize YouTube channel. So, let us clarify for you how it works:
- First, you will sign up for an affiliate program.
- Then, create custom links that you will share with your audience.
- Finally, it will direct them to the brand’s site.
- As a result, you will get a commission for every one of your subscribers who uses that link to make a purchase.
In this type of YouTube video promotion, you can talk about the product in detail or join an affiliate program if you believe in that product or service.
4. Merchandise
You may begin selling your merchandise on the platform if you have a large brand community and a devoted fan following. For example, if you have a website, you can start selling t-shirts and caps with your branded logo.
Merchandising should be considered one of the last ways to monetize your channel, as this requires substantial research and capital.
5. Online Courses
Start sharing your knowledge with your followers, whether you have a makeup channel or a channel dedicated to fashion and lifestyle. It is one of the YouTube video promotions that attracts a lot of YouTube views on the platform.
6. Channel Membership
Subscribers to a channel may access exclusive features and events only available to members. For example, access to exclusive content, live streams, loyalty badges, etc., are some perks offered in exchange for a subscription fee. But you need at least 1,000 subscribers to enable this feature.
7. Copyright Your Content To The Media
Do you want to know another standard method to get monetized on YouTube? It is done by licensing your content. That’s right! You create videos diligently to create viral content. Therefore, when one of your videos goes viral, media companies must pay you to use your content on their platforms. This trend is growing on YouTube and is a great way to earn extra revenue.
Conclusion
YouTube video monetization requires time and effort. You won’t become a multimillionaire just by posting a few videos online. First, use the tips to establish credibility and attract an audience.
To increase YouTube views, you can also use the help of YouTube video promotion services like VeeFly, which will take care of all the monetization requirements. So you can relax and pay attention to making quality videos.
