Youtube income is gaining more attention due to its passive nature. As long as people keep watching a video, it can continue to generate income for many years. But before you can earn enough, you need to make enough good quality videos that can help you get enough viewers. Starting your work with youtube and making an impression among viewers may be difficult at the beginning. But once you have put the right system in place, a lot of opportunities open up for you. Once you have a lot of viewers on youtube, there are many ways in which you can earn an income. Let’s discuss in detail how you can make money from your Youtube videos.
1. Join the Youtube Partner Program
Youtube partner program enables you to make money by having advertisements on your videos. However, Youtube will only accept you for this partnership if you meet their criteria for it. Your channel must have a minimum of 1000 subscribers. You must also have at least 4000 hours worth of views within the prior 12 months. You must also ensure that your videos are not inappropriate or contain copyright protected material without a license. If these conditions are met, then all you need to do is to set up a Google AdSense Account and apply for the partner program. Youtube will verify your channel and if it fulfils those conditions it will make you a partner. Then you can start to earn. After you build a fan following and gain more viewers, you can even earn a decent amount of youtube revenue. You can still apply after 30 days if your application is rejected by YPP because you do not meet the conditions. If you want to meet your goal quickly but you are struggling, you canconsider buying a monetized channel.
2.. Offer membership to your viewers
Youtube allows you to make your viewers as members of your channel (this option is only available to you if you have more than 30,000 subscribers). Those who chose to become members of your channel can be given additional benefits that common viewers don’t enjoy. These benefits may include access to live chats, special badges for their profile, access to emojis, access to special videos made just for them and so on. You can offer them membership of your channel for a small fee, and earn some money from this.
3. Earn from super chats
If your channel is very popular and you have a lot of viewers, then this can be a good source of revenue for you. Super chat is a feature that allows you to highlight the comments of some of your viewers for a fee. The viewers can use this feature to get highlighted and market their product or ideas in the midst of many other viewers who are watching your live chat.
4. Earn from sponsoring products
There are many people, businesses and organisations that want to market or promote their product, service or ideas. You can help them promote their product by making a video and sponsoring their product in it. Based on what type of video you make, you can find products that you can promote. You can also use the youtubeBrandConnect feature to help you find products related to your videos. There are many firms that pay a good amount to get their product sponsored, and if you can crack a deal with them, then it can be yet another good source of income for you.
5. Become an affiliate
An affiliate is a person who promotes the products of a particular firm by sharing its links on various online platforms. Whenever somebody buys the products using that link, the affiliate earns a commission. Youtube is also a good way to do affiliate marketing. You can make several videos and put the link of related products in the description section. Whenever any viewers of your video buys that product using the link from your description, you will earn a commission.
6. Sell your own products
If you have a strong fan following on youtube, you are popular and people see you as a brand, then you can also try to sell your own merchandise. You need to have atlesat 10,000 subscribers to do this. If you have that, you can sell your products like t-shirts with the brading of your logo, accessories with printed images related to your channel, and so on.
You should be rewarded if you are able to create useful and engaging content that people enjoy watching. Youtube monetization does exactly that. It is possible but it takes hard work. You have to make great videos, be consistent, and engage regularly with your audience to get popular among them. There are many ways to make good money once you have built up a viewership.
Special credits for this article to YouTube blog, Wikipedia, and SocialMarketing90.