One of the highest-paid YouTubers, Mr. Beast, has earned over $54 million. While reaching his status would prove difficult, you could take some lessons from him to earn money on YouTube.
This brings us to the question: how do you monetize a YouTube channel?
Keep reading and you’ll learn the basics of YouTube monetization. You will find popular money-making methods that millions of YouTubers employ to monetize their platforms.
Sell Merchandise
You have two routes you can take in this area. If you have over 10,000 subscribers and are in certain countries, you can sign up for YouTube’s Merchandise Shelf. Under each of your videos, this feature will present a carousel of 12 relevant customized products.
Not everyone has thousands of subscribers.
In this scenario, you can screenprint shirts yourself or work with a dropshipping company. With this type of company, you will upload your design to their website and they will do all the work for you. This includes shipping and storing your products.
Join the YouTube Partner Program
Once you have over 1,000 subscribers, 4,000 public watch hours on your channel, and meet the platform’s other requirements, you can sign up for the YouTube Partner Program (YPP).
This program gives you the ability to monetize your videos with advertisements. YouTube will take 45% of the ad’s earnings, while you take 55%.
If you are having trouble reaching the video platform’s requirements, here are some YouTube video ideas to get subscribers.
Shorts Fund
Due to the Short feature’s novelty, the platform needs to catch up with YouTube Shorts monetization. Within the coming months, they will offer Shorts Fun. Any YouTuber can use this feature and make money through:
- BrandConnect: branded shorts
- Super Chats: viewers can purchase highlighted messages
- Merchandise: users can reach your shop directly from shorts videos
While you can’t monetize your YouTube channel with ads when using shorts, you will still have plenty of available options.
Insert Affiliate Links
Affiliate marketing is when a website or influencer advocates products for a brand. When an influencer signs up for a brand’s affiliate program, the brands will provide links to products. Whenever a customer purchases a product, subscribes to software, or trials their product, the influencer will receive a commission.
You may wonder how to monetize YouTube videos with these. It’s simple. You find a brand related to your niche, register for their affiliate program, and provide product or service recommendations in your video descriptions.
You can take affiliate marketing a step further and review products for these companies. Once the viewer reaches the end of your video, you can tell them to follow your link in the description to the brand’s product.
Stop Waiting: Try a YouTube Monetization Method
If you didn’t know how to get monetized on YouTube, you now have plenty of starting points. When starting a new channel, you can go with affiliate marketing and merchandise. Once you grow, you can sign up for the YouTube Partner Program.
You have plenty of YouTube monetization options available. And the platform will continue to add more.
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