More

    How To Make Money On YouTube: 10 Ways To Monetize A YouTube Channel In 2024

    Are you looking for information on how to make money on YouTube?

    Look no further!

    YouTube is one of the largest search engines in the world, with over 1.9 billion users logging in every month and over 500 hours of video content uploaded every minute.

    More than 1 billion hours of video content are watched daily on YouTube, which is more than Facebook and Netflix combined.

    This makes YouTube an ideal platform to connect with a wider audience and earn money online.

    YouTube gives its creators an opportunity to monetize their YouTube channel and videos.

    Whether you’re just starting out or a seasoned content creator, there are many ways to earn money on YouTube.

    While some methods have low barriers to entry, producing high-quality content and keeping an audience engaged is the key to success.

    If you’re creative and willing to put in the work, you will be able to earn money on YouTube.

    In this article, I will cover the 10 best ways to make money on YouTube which are used by top YouTubers.

    Let’s start the article.

    Table Of Contents Hide

    How To Make Money On Youtube?

    Here are the 10 best ways to make money on YouTube:

    1. Join the YouTube Partner Program.

    YouTube partner program is the first choice among top YouTubers to earn money from youtube.

    The YouTube Partner Program is a feature that allows content creators to monetize their channels and make money from YouTube by displaying ads on their YouTube videos.

    The revenue generated from these ads is split between the video creator, which receives 55% of the revenue, and YouTube, which receives 45%.

    To join YouTube Partner Program, you must meet the following requirements:

    • You must have a YouTube channel that complies with YouTube’s policies, community guidelines, and terms of service.
    • Your Youtube Channel must have at least 1,000 subscribers and 4,000 watch hours in the past 12 months.
    • You must be at least 18 years old (or have a legal guardian’s consent) and reside in a country or region where the YouTube Partner Program is available.
    • You need to have an AdSense account linked to your YouTube channel. This is how you will receive payments for the ads displayed on your videos.

    If your channel meets the above requirements, you can apply to become a part of the YouTube Partner Program and begin to monetize your YouTube videos by displaying ads.

    2. Affiliate Marketing.

    Affiliate marketing is another great way to earn money on YouTube.

    It is the process of earning commissions by promoting the products and services of other people or companies.

    As an affiliate marketer, you simply search for products you like, promote them to consumers, and earn a commission for every sale you make.

    By having a loyal fan following on your YouTube channel, you can easily promote affiliate products by including affiliate links in your video descriptions and promoting them in your videos.

    You can join affiliate networks to find affiliate products.

    Some popular affiliate networks are:

    As a YouTube content creator, you must follow YouTube’s Community Guidelines and ensure that you meet the standards set out.

    It is also recommended that you mention that you are using affiliate links in your YouTube video descriptions.

    Affiliate marketing is a great way for beginners to make money on YouTube.

    More information about affiliate marketing:

    3. CPA Marketing.

    CPA (Cost per Action) marketing is another effective way to make money on YouTube.

    In CPA marketing, a commission is earned when a specific action is taken, such as submitting an email, filling out a form, clicking on a link, signing up for a trial, downloading a file, or making a purchase.

    If you have a dedicated audience, you can promote CPA offers by including links in your video descriptions and promoting them in your videos.

    You’ll get paid if someone uses your CPA link to complete the required action.

    The more actions taken by your audience, the more money you will make.

    Your commission will be determined by the CPA offer you are promoting.

    Companies typically pay between $1 and $5 per action.

    You can easily find CPA offers by joining CPA networks.

    The following are some major CPA networks where you can find CPA affiliate offers:

    CPA marketing is a simple and easy way for beginners to earn money on YouTube.

    More information about CPA marketing:

    4. Sell Merchandise.

    Selling products or merchandise is another way to make money on YouTube.

    Merchandise such as t-shirts, coffee mugs, tote bags, and snapbacks not only provide a source of revenue but also increase your exposure by bringing your online brand and personality into the offline world.

    Additionally, merchandise deepens the relationship between you and your fans as they “buy into” your brand.

    Selling branded swag is easy to do and you can use freelance sites like Fiverr to order affordable designs for specific products.

    You can also integrate your store with print-on-demand companies that handle shipping, fulfillment, and customer support, which allows you to benefit from a print-on-demand business with minimal effort.

    Another alternative is to collaborate with existing merchandising networks for creators, but you’ll be competing with other YouTubers and will have less control over adding products, offering discounts, integrating your content, and other benefits of having your own e-commerce site.

    As a YouTuber, you already have the benefit of a content engine that consistently drives traffic to your store and the trust of your audience that you’ve earned by regularly providing them with your own branded content for free.

    5. Sell Digital Products.

    Selling digital products is another great way to make money on YouTube.

    YouTube is an excellent platform to sell digital products such as ebooks, reports, and photos.

    Digital products are items that exist only in digital form, and they are easy and inexpensive to create.

    You can create your own digital products using tools like Canva, or hire a freelancer from sites like Fiverr to create them for you.

    Once you have your digital products, you can start selling them to your audience.

    You can set up an online store where you can sell your digital products and include a link to it in the description of your videos.

    Some of your viewers will visit your online store through the link and purchase your digital products.

    This way you earn money on YouTube by selling digital products.

    More information about selling digital products:

    6. Become a YouTube Influencer And Create Sponsored Content.

    Becoming a YouTube influencer and creating sponsored content is a highly effective way to monetize your YouTube channel and make money with youtube.

    As influencer marketing becomes more popular, there is a significant opportunity for creators to partner with brands to promote their products and services.

    By creating videos that feature products and services, YouTubers can receive both monetary compensation and free products in exchange for the exposure they provide to brands.

    But where do you begin to make money on youtube?

    YouTube marketing expert Brendan Gahan suggests establishing a flat fee by multiplying the number of views on your videos by 15 cents per view.

    According to digital marketing agency WebFX, YouTube influencers can expect to earn the following amounts:

    • $20,000 per video for a creator with a million subscribers.
    • $2,000 per video for a creator with 100,000 subscribers.
    • $200 per video for a creator with 10,000 subscribers.

    The key to earning more is to work with brands whose products align with your audience’s interests.

    There are also influencer marketplaces where you can be discovered by potential partners, such as Grapevine which partners with brands and other YouTubers and requires only 1,000 followers to join.

    Some influencer marketing platforms connect you with big brands willing to pay high, while others get you free products.

    Choose the opportunities that best suit your needs to make money on youtube.

    7. License Your Content To The Media.

    Licensing your content to the media is another way to monetize your YouTube channel and earn money with youtube.

    If you create a viral video with mass appeal, such as a funny clip featuring your pet, you can license it in exchange for money.

    When a video goes viral, many news outlets and other creators may reach out to use your video for their audience.

    Established media companies know they need to pay for the content they use, so licensing your videos can be a way to make money on YouTube.

    Additionally, you can list your videos in marketplaces such as Trusted Media Brands, making it easier for the right people to find and purchase your content.

    As a content creator, licensing your most successful work to the media can be as simple as making sure you’re easy to find.

    8. Let Your Fans Pay You Directly.

    Another way to monetize your YouTube channel and make money on youtube is by allowing your fans to pay you directly.

    As a YouTuber with a dedicated audience, you can influence your fans to pay you directly for your content.

    Additionally, you can provide a platform for advertising, allowing brands or marketers to advertise their products in your videos.

    Method 1: Super Chat Payments.

    YouTube now allows users to purchase “Super Chats” which allows them to have their messages pinned on top of everyone’s chat window during a live stream.

    This is a great way to make money on YouTube by letting your fans pay you through chats.

    Creators can monetize their channels during live streams, with Super Chat payments ranging from $1 to $500.

    Method 2: Channel Membership.

    You can also influence your YouTube viewers to become members of your own channel.

    If you have a large following, you can attract them by promising special benefits for being a member.

    You can sell channel memberships to subscribers, allowing them to join your channel through monthly payments.

    In return, you can offer perks such as badges and emojis.

    To make money on YouTube this way, you need to be over 18 years of age and have at least 30,000 subscribers.

    Method 3: Crowdfunding.

    Crowdfunding can be an excellent way to allow your fans to contribute to a specific cause or project.

    In this method, there is no fixed amount as you can ask your audience to donate as much as they want to support your task or objective.

    This is also known as a “tip jar” and allows viewers to offer financial support for your channel.

    Crowdfunding can help you diversify your income and start new projects.

    YouTubers can raise money for their creative ideas by using crowdfunding to finance personal projects.

    Viewers feel they have a stake in the project and your goals.

    Advertising your crowdfunding campaign on your channel increases the chances of earning money through this method.

    Charities and non-profit organizations also often use this method to raise funds on YouTube.

    You can use platforms like Patreon and Buy Me A Coffie to collect money for your crowdfunding projects.

    This way you make money on YouTube using the crowdfunding method.

    Method 4: Encourage your audience to become YouTube Premium members.

    Lastly, you can encourage your audience to purchase YouTube Premium subscriptions, which will allow you to earn a higher revenue share from YouTube ads without having any commercial impact on your videos.

    These are some ways to monetize your YouTube channel and make money from your fanbase.

    With the help of these methods, you can increase your income through your YouTube channel.

    9. Use YouTube for Blogging.

    Blogging is a great way to make money online, and one of the best places to get traffic for your blog is YouTube.

    By using YouTube to direct viewers to your monetized blog, you can generate passive income from your main blog as well as from linked YouTube videos.

    This is an interesting option for bloggers because the connection with an audience via a blog can be more authentic and blogs have the potential to earn more than YouTube channels.

    Additionally, incorporating video content into your blog can help increase engagement and provide a more dynamic experience for your readers.

    So, don’t underestimate the power of YouTube for your blogging success.

    More information about blogging:

    10. Sell Your Services.

    If you offer any service that can be marketed through YouTube, promote it on the platform.

    For example, if you’re a writer, designer, SEO specialist, etc.

    Create a website specific for your services and then promote it using YouTube.

    Follow up with anyone who inquires about your services and come to an agreement on how much they will pay.

    This is a great technique to make money on YouTube because you can sell your services directly from the platform and make sales.

    However, it takes time and effort to sell services through YouTube, so be patient.

    YouTube advertisements can also help you sell your services more quickly by showing your ads to a specific audience.

    Frequently Asked Questions About Making Money On YouTube.

    Here are some frequently asked questions about earning money on YouTube:

    Q1. How Can You Make Money On YouTube?

    There are several ways to make money on YouTube.

    The most common methods include joining the YouTube Partner Program, which allows you to monetize your videos through ads, and utilizing other revenue streams such as affiliate marketing, CPA marketing, sponsored content, merchandise sales, digital products sales, channel memberships, etc.

    Q2. How Much Money Can You Make On YouTube?

    The amount of money you can make on YouTube varies depending on several factors such as ad monetization, affiliate marketing, and sponsored content.

    The average YouTuber earns $7.60 per 1,000 views through CPM, CPV, and CPC advertising.

    However, keep in mind that according to Google’s rules, creators receive 55% of ad revenue while Google keeps 45%.

    When using affiliate marketing, advertisers pay you based on different models, often cost per sale or cost per lead.

    Your revenue in this case is directly proportional to the number of conversions and sales commission you get from advertising.

    Sponsored product placements in your films may also be sold, and brands will pay you if you can build a large following on your channel.

    Q3. How Much Money Do YouTubers Make?

    It is difficult to determine a specific amount of money that YouTubers make as it varies greatly depending on the popularity and engagement of their channel.

    However, for the most successful YouTubers, the income can reach up to millions of dollars per year.

    Ad revenue, which can range from $0.35 to $5 per 1,000 views, is one way to make money on YouTube, but the profitability of a channel also depends on the creator’s belief in their content and their expertise in monetization strategies.

    Some popular fields such as listicles, news, celebrity gossip, cosmetics and beauty, and famous flops can lead to faster monetization on YouTube.

    Utilizing YouTube income calculators can also help creators estimate their earning potential based on the number of views and engagement on their channel.

    Q4. Is It Hard To Make Money On YouTube?

    Generating income on YouTube can be a challenging task, as it requires effort and dedication.

    According to YouTube’s guidelines, you must have at least 1,000 subscribers and 4,000 hours of watch time in the past 12 months to be eligible for the YouTube Partner Program.

    Additionally, you need to acquire a significant number of views and keep track of your cost per view (CPV) to understand how much money you’re earning from ads.

    Affiliate marketing is a good strategy to monetize your channel and make money on YouTube when you have a large number of views.

    You can review products or provide product demonstrations in your videos and include affiliate links in the description.

    Additionally, you can earn more revenue from your advertising CPV by earning a commission on each sale.

    Another suggestion is to start a blog and connect it to your YouTube channel.

    This way, you can advertise affiliate links on both your YouTube channel and blog, as well as embed your videos in your blog posts to increase views and improve your SEO.

    Q5. How Many Views Make Money On YouTube?

    There is no set number of views required to make money on YouTube as it varies based on various factors such as the type of content, the demographics of the viewers, and the type of advertising used.

    Q6. How Much Does YouTube Pay For 1,000 Views?

    The earning potential from 1000 views on YouTube can vary depending on the type of content, the demographics of the viewers, and the type of advertising used.

    Advertisers use Google AdWords to pay either per view (CPV) or click (CPC).

    The amount earned can range from $0 to $5 per click.

    Additionally, using banner ads before the video starts can earn around $6-7 per 1000 views, with an average of $0.75-$1.00 per 1000 views.

    Q7. How Many Subscribers Do You Need To Make Money On Youtube?

    To monetize your YouTube channel and start earning revenue, YouTube Partner Program requires that you have at least 1,000 subscribers and 4,000 hours of watch time on your channel within the past 12 months.

    Additionally, you must have a valid Google AdSense account.

    After being approved, you can enable monetization on your videos and select advertising options.

    Q8. Who Is The Highest Paid YouTuber?

    Many YouTube creators are able to generate significant income through the monetization of their channels.

    In 2022, the top-earning YouTubers were:

    1. Ryan Kaji with an estimated $26 million in revenue.
    2. Dude Perfect with $20 million.
    3. Anastasia Radzinskaya with $18 million.
    4. Rhett and Link earned $17.5 million.
    5. Jeffree Star at $17 million.
    6. Preston with $14 million.
    7. PewDiePie at $13 million.
    8. Markiplier with $13 million.
    9. DanTDM at $12 million.

    Please note that these figures are estimates, and the actual earnings of YouTubers may vary.

    Q9. Is It Wise To Make Money On Youtube?

    Making money on YouTube can be a wise decision as there are many YouTubers who earn substantial income from the platform.

    However, building an audience and getting views on your videos may be challenging in the beginning.

    Once you establish yourself as a creative talent and gain a following, you can monetize your content through various methods such as brand sponsorship or affiliate marketing.

    YouTube is a global platform that allows individuals to easily share their ideas and content with a wide audience.

    If you have expertise in a particular field, utilizing marketing and promotion strategies can help you monetize your channel through ads, sponsorships, and affiliate partnerships, regardless of the number of subscribers you have.

    Q10. How Do YouTubers Get Paid?

    YouTubers can earn money through ads, sponsorships, and affiliate marketing.

    According to data from Forbes, the top earners on YouTube make 50% of their annual income from ads.

    To start earning money from ads, you can set up an AdSense account and enable monetization on your channel.

    However, you will only be paid once you reach $100 in your AdSense account.

    Additionally, it is important to note that earning potential on YouTube is not solely based on the number of subscribers and views a channel has, but also on the level of engagement generated, the niche the channel caters to, and the revenue channels that are explored.

    Q11. Can You Monetize Copyrighted Content On YouTube?

    No, you cannot monetize copyrighted content on YouTube unless you have explicit permission from the copyright owner.

    Using copyrighted material without proper authorization may result in your videos being removed or your channel being penalized.

    Q12. How Do You Enable Monetization On Your YouTube Channel?

    To enable monetization on your YouTube channel, you need to meet the eligibility requirements (1,000 subscribers and 4,000 watch hours) and adhere to YouTube’s policies.

    Once eligible, you can apply for the YouTube Partner Program and set up monetization options in your YouTube Studio.

    Q13. Can You Make Money On YouTube Without Ads?

    Yes, you can make money on YouTube without relying solely on ads.

    As mentioned earlier, sponsored content, merchandise sales, and channel memberships are alternative revenue streams that can generate income.

    Additionally, you can explore crowdfunding platforms like Kickstarter or create and sell digital products such as e-books or online courses.

    You can also try affiliate marketing, CPA marketing, etc., to earn money on youtube without ads.

    Q14. How Can You Increase Your Chances Of Making Money On YouTube?

    To increase your chances of making money on YouTube, focus on creating high-quality content that resonates with your target audience.

    Consistency in uploading videos, optimizing your titles, descriptions, and tags for search engine optimization (SEO), and promoting your channel through social media and collaborations can also help grow your subscriber base and views.

    Q15. How And When Does YouTube Pay Its Creators?

    YouTube pays creators through AdSense, its advertising program.

    Once you’ve reached the $100 earning threshold, you can set up your payment method in your AdSense account.

    YouTube pays creators around the 21st of each month for the previous month’s earnings.

    Q16. Can You Make Money On YouTube If You Live Outside The United States?

    Yes, you can make money on YouTube regardless of your location.

    The YouTube Partner Program is available in many countries, allowing creators from around the world to monetize their content.

    However, the availability of certain monetization features may vary by country.

    Q17. How Long Does It Take To Start Earning Money On YouTube?

    The time it takes to start earning money on YouTube varies for each creator.

    It depends on factors such as the quality of your content, your marketing efforts, and how quickly you can grow your subscriber base and views.

    Some creators see results within a few months, while others may take longer to reach the monetization requirements.

    Q18. Are There Any Age Restrictions For Making Money On YouTube?

    To participate in the YouTube Partner Program and monetize your YouTube videos through ads, you need to be at least 18 years old.

    However, if you’re under 18, you can still create and upload content on YouTube, but a parent or guardian would need to manage the monetization aspects on your behalf.

    Q19. Can You Lose Your Monetization Eligibility On YouTube? 

    Yes, you can lose your monetization eligibility if you violate YouTube’s policies or engage in fraudulent activities.

    It’s important to adhere to the platform’s guidelines, avoid copyright infringement, and refrain from any practices that may result in penalties or account termination.

    Q20. Can You Make Money On YouTube If You Have A Small Audience?

    Yes, even with a small audience, you can make money on YouTube.

    While having a larger audience generally leads to higher earnings potential, engagement, and niche targeting can still be valuable.

    By producing content that resonates with your specific audience, you can build a dedicated community that may be more likely to support your channel through donations or merchandise sales.

    Q21. How Can You Track Your YouTube Earnings And Analytics?

    YouTube provides an analytics dashboard within YouTube Studio that allows you to track your channel’s performance, including earnings, views, audience demographics, and engagement metrics.

    This dashboard provides valuable insights to help you optimize your content and make informed decisions regarding your monetization strategy.

    Q22. Can You Make Money On YouTube If You’re Not A Full-Time Creator?

    Yes, you can make money on YouTube even if you’re not a full-time creator.

    Many successful YouTubers initially started their channels as a hobby while working other jobs. It’s possible to generate income

    Conclusion.

    Making money on YouTube can be a viable way to earn income online.

    From ads, sponsorships, and affiliate marketing, the earning potential on YouTube is diverse.

    To succeed on this platform, it’s important to consistently create high-quality content and invest in effective promotion strategies.

    Building an audience and increasing visibility are key to monetizing your YouTube channel.

    With the right mindset and planning, anyone can turn their passion into a profitable career and make money on YouTube.

    Remember to optimize your videos with relevant keywords, titles, and descriptions to increase your chances of being found by your target audience and help your videos rank better on youtube and other search engines.

    I’m optimistic that this article “How to earn money on YouTube” will guide you in earning money through YouTube.

    If you found this article valuable on how to monetize YouTube channel, please bookmark it and share it with your loved ones on social media.

    This way, they can also reap the benefits.

    Priyansh Gupta
    Priyansh Guptahttps://digitalpriyansh.com
    My name is Priyansh Gupta and I am an online entrepreneur. My mission is to teach people who are interested in becoming online entrepreneurs and help them to scale their influence online at startup speed.

    BEST AFFILIATE MARKETING SOFTWARE

    RECOMMENDED PRODUCTS AND SERVICES

    BEST AFFILIATE MARKETING SOFTWARE