When Do You Start Making Money on YouTube?
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This post will be answering the question “When Do You Start Making Money on YouTube” and be listing some ways to make money on YouTube.
Learning to earn on YouTube might be your reason for starting your channel, the opportunities to earn are a pleasant surprise once you realize how many of them there are.
Here, you’ll see various technics on how to get paid on YouTube, get the answer to how much money can you make on YouTube, and find out when you can start making money on YouTube.
YouTube stars and self-made celebrities – people who have earned not just money but also an audience by creating video content toward teaching, reviewing, entertaining, and being awesome on the web.
Most of these YouTube celebs do what they do just to satisfy the desire for creating things being in front of an audience.
Let’s check out the requirements to start earning money on YouTube.
Requirements to Start Earning Money on YouTube
There are several ways to make money on YouTube channels. Let’s take a look at how to make money from YouTube via the following streams
Joining the YouTube Partner Program
The number one revenue stream for how to make money from YouTube you’ll likely explore is if you want to earn money on YouTube creating videos or as a content writer, joining the YouTube Partner Program and setting up monetization is a vital step.
Agree to follow all YouTube’s monetization policies.
Then you can apply for monetization once you have 1,000 subscribers and 4,000 watch hours over the past year.
Note: you have to live in a country where the YouTube Partner Program is available
This is how to get paid on YouTube by enabling monetization:
When done with that, go back to the dashboard and click the Analytics tab on the left side.
From there, you’ll have to choose Revenue from the tabs at the top, and then scroll down to the chart Monthly Estimated Revenue to get an idea of your predicted YouTube revenue.
FAQS on Requirements to Start Earning Money on YouTube
Do You Get Paid as a Content Creator on YouTube?
Content creators are not paid by default for the videos they upload nor are the videos monetized by default.
So, to get paid on YouTube, you have to enable monetization on your YouTube account settings.
There you can pick an option of either joining the YouTube partner program or having your videos listed on YouTube premium.
Note: Your earning potential isn’t determined solely by the number of subscribers and views you have, but is determined by the level of engagement you generate, niche, and the revenue channels you explore.
Does the Number of Views Matter to Get Paid on YouTube?
The total number of views you get doesn’t correlate to revenue earned.
If your video gets thousands of views but no one watches or clicks the ad, you will not make any money.
This is because of YouTube’s criteria for billing advertisers: a viewer must click an ad or watch the full ad in (10, 15, or 30 seconds) for you to get paid.
Moreover, with the release of YouTube Premium, you do not need to rely on advertisers to create, engaging or enticing ads to earn revenue.
Why You Should Look Beyond Ads for Revenue
YouTube recently got a lot of backlash due to its decision to be more transparent about advertising on the platform and what qualifies as “advertiser-friendly” content.
Importantly, many creators are scared that, due to the nature of their content, they would be left out on the ad revenue that helps support their channel.
According to YouTube, your content could be excluded from ad revenue if it includes:
The reality once YouTube deems content as not advertiser-friendly, the content is demonetized without prior warning or the content creator’s knowledge.
Advertising might be a common means of generating passive income for creators, but the trade-off is that YouTube’s parent company, Google, will get to keep around a 45% share of ad revenue.
In summary, YouTubers should explore other revenue streams to sustain their creative hobby—and avoid just zeroing in on how to start a YouTube channel and make money that way.
Here, you’ll see more ways how to earn money on YouTube with Adsense.
6 Ways to Earn Money from YouTube without AdSense
1. Sell Products or Commodities
There are plenty of products to sell that can help you gain money through your YouTube channel. Selling commodities—t-shirts, coffee mugs, tote bags, snapbacks, you name it—has a benefit beyond revenue.
Plus, if you don’t have the desire or means to create and ship the products yourself, you can go for drop shipping options.
For example; Roman Atwood sells various kinds of merchandise in his store under his Smile More brand. Selling branded clothes is easier than it might seem at first.
2. Crowdfunding Your Next Creative Project
Most successful crowdfunded creative projects offer a sneak peek or “trailer” of the project to get people excited, so consider making a video that explains your project or offering a taste of what it will be like, such as this popular Kickstarter for Kung Fury, a short film paying homage to ’80s action movies.
When money is what tends to stand between an idea and its execution, crowdfunding is a good way to make it happen.
Whether you need help buying better equipment, hiring actors, or covering other production costs, you can call upon your audience and the crowdfunding community to come in if your idea is compelling enough.
The crowdfunding sites with a proven track record of campaigns from YouTubers include Kickstarter and Indiegogo.
3. License Your Content to The Media
If you happen to make a viral video with mass appeal—say, a funny clip featuring your pet—you might already have the answer to how to start a YouTube channel and make money.
You can license your video in exchange for money.
TV news, morning shows, online news sites, and other creators might reach out about rights to use your videos if they happen to go viral.
You can also list your videos in a marketplace, like Juken Media, where your content will be easier for the right people to find and purchase.
4. Work with Brands as an Influencer
Brands are investing more and more in influencer marketing, spending their typically large advertising budgets on influencers who have already won the loyalty of their subscribers.
This opens a great opportunity for you as a creator to negotiate the right deals on your journey of earning from YouTube.
Relying on your leverage—your audience demographics, content quality, and how unique and profitable your niche is—you might be able to negotiate a better deal if the brand is a good fit.
The most important thing when partnering on brand-sponsored content is to make it transparent, not signing a contract you don’t actually like or believe in, and being upfront with your audience about why you’re doing it.
5. Become an Affiliate Marketer
This involves earning commissions from advertising a product or service made by a third-party brand.
You may become a marketer for brands and include product placements, endorsements, or other types of content.
Furthermore, you must disclose the partnerships to viewers in your videos.
It becomes even better if you do products review as part of your YouTube channel.
With no risk involved on the brand’s end (they only pay when they make sales), there’s usually a low bar to getting started.
Well-known affiliate programs are ClickBank (1% to 75% commission, depending on what the vendor sets) and Amazon’s Affiliate network (earn up to 10% per sale).
You can also reach out to brands in your area or community that are running their affiliate programs, which is not common in the e-commerce space.
6. Let your audience support your work through “fan funding”
Similar to crowdfunding a project, you can also create “fan funding” streams to source donations from your audience.
As a creator, you’re donating your voice to the internet without forcing your audience to pay for admission.
So, if you’re offering good content, your audience might be motivated to support you on an ongoing basis.
Many fan-funding platforms offer creators another place for people to access their content and a way to involve their most loyal audience and reward them for their support.
Conclusion
This article has shed more light on when do you start making money on YouTube and how to make money on YouTube.
Answers to various frequently asked questions have also been provided to help you know more about the possibilities of making money on your youtube channel.
Read through once again to get a better knowledge of the various ways of monetizing your youtube channel.
Do check out the feed for more answers like this.