The process of making money on YouTube is simple and users need not worry about how to get paid off YouTube as I am going to be sharing that in this post. Â While the process is as simple as it can get, it takes a lot of hard work and persistence to start the process.
Globally, around five billion YouTube videos are watched every day. YouTube is as popular as ever with an audience spending up to 40 minutes per YouTube session. Coupled with that, the platform has well over 2 billion monthly users. This essentially provides the perfect avenue for both businesses and marketers (YouTube channel owners) to showcase their products.
With the backdrop of this information, all a user needs are to learn is how to get paid off YouTube. Thankfully, the resources needed are readily available and wonât cost you that much to start. The major ones include a computer, smart phone or camera, and video editing software. Irrespective of if youâre already an avid video creator or a novice, so long you are willing to put in the extra work; you are bound to make money on YouTube.
In this article, danielshustle is going to be sharing n the details, the various means a user can utilize to answer the question; how to get paid off YouTube.
Can I make money on YouTube?
The answer to this is yes, itâs possible to earn a decent living off the YouTube platform. Making money on YouTube is no longer exclusive to a select few platinum musicians or huge influencers.
For instance, Ryanâs Toy Review which is a YouTube channel owned by Ryan, the young YouTuber earns a staggering $22 million just by playing around and disassembling toys. Also, MrBeast aka Jimmy Donaldson earns around $3 million per month from YouTube ads alone. This earning does not include his sponsorship deals or sales of merchandise.
Thankfully, many success stories of YouTubers earning good sums of money off the platform abound. While you might not earn as much as some of these famous YouTubers, you are sure of earning. The platform has numerous opportunities for regular people to make money on it. It only requires ingenuity as well as a strategic approach.
How to Get Paid off YouTube
Users of the YouTube platform can earn money from various means provided on the platform. And we will examine some of these methods to help you get paid of YouTube to the tune of a $10,000 per month guide.
YouTube Partner Program
One of the most popular ways to earn money through a YouTube channel is to earn via ad placement in video content. This is not an automatic process as a channel doesnât just start earning upon creation. The YouTube Partner Program (YPP) grants channels access to extra means of potential earning as soon as such channels qualify.
To start earning from ads on video content, a creator and his channel need to get accepted into the YouTube partner program. For a channel to be eligible for review to join the YPP, a channel must:
- Have more than 1,000 subscribers
- Exceed 4,000 valid public watch hours over the last year (private, unlisted, or deleted videos donât count)
- Abide by YouTubeâs monetization policies
- Be based in a country or region where the YPP is available
- Have a linked AdSense account
Alongside attaining eligibility for the YPP, the channel is also required to meet YouTubeâs additional policies and guidelines. This is mandatory to gain approval for the program. Please note that should your channel fall short of the threshold or is inactive for six months, it may be removed from YPP.
Another plus of joining YPP is that users can earn money from means other than displaying ads in their content. These include:
- Advertising income
- Videos watched by YouTube Premium subscribers
- Channel memberships where members pay for perks
- Fans paying to have their messages featured with Super Chat and Super Stickers
- Branded item sales
The YouTube Partner program also allows users to access the Creator Support team. This team provides tips for using YouTube and guidance through copyright guidelines. They can also help troubleshoot issues with user accounts and more.
Making money from YPP
YouTube Super Chats
YouTubeâs Super Chats is not only an interesting way to monetize a Channel on the platform but it can help build a connection with the channelâs audience. To earn from super chats, channels on the platform have to host a live stream session or schedule a video premiere. During such activities, viewers in the live chat can decide to gift the channel with monetary rewards from between $1 to $500.
Itâs a simple feature that was created around pinned comments and the ability of the audience to bid. The more money a Super Chat accumulates, the longer the donatorâs comment is pinned to the live chat. Audiences can donate from between a dollar to the maximum limit, and a commentâs display time is dependent on the amount of donation. This generally decreases as viewers donate less money with $100 roughly equating to an hour of display time.
Merchandise sales
YouTubeâs merchandise features provide a merchandise shelf for eligible channels to display their official branded merchandise on the platform. This is another way a channel can get paid on YouTube to the tune of a thousand bucks per day. The shelf appears on the video page of approved channels.
The merchandise features as well as the merchandise shelf supports a wide range of merchandise platforms and retailers. One down side to using YouTube merchandise sale feature is its inability to display items to viewers in countries/regions for which a channelâs chosen retailer or platform does not support its local currency.
Channel Memberships
Audiences on YouTube often extend their loyalty to the platform by becoming channel members. Itâs as simple as YouTubers charging their subscribers for exclusive content. This means they get to earn more without depending on ad view revenue from AdSense. The charge rate is dependent on the level of service, but weâve seen creators charge as high as hundred dollars and some even less.
Presently, creators can set membership fees between $0.99 and $100 per month. This same money range applies to other countries where Channel Memberships are available. Here is a link to the list of pricing options, click here.
One thing to note however with this feature is that creator donât get to keep all their earnings. Just like ads revenue, YouTube takes a share of all membership fees paid. Content creators get to keep 70% of the revenue and YouTube takes the remaining 30%.
YouTube Premium
YouTube Premium is another means a channel can earn on YouTube. Audiences who enjoy going through YouTube content can get to watch videos without ads interruption, view original content as well as videos that play in the background. Talk about real value! YouTube Premium is basically a rebranded version of its YouTube Red feature. It now combines a wide range of features to create the perfect YouTube binge atmosphere for the audience.
Logically, channels with more Watch Time from premium subscribers will earn more from this feature than one with fewer numbers. If you wondering how to get paid on YouTube this is another fantastic means that can fetch you over $1000 per day. And since all videos available on YouTubeâs free platform is also present on the Premium version, your videos are bound to contribute to your Premium Watch Time and earnings.
Make money outside of YPP
Make money from Affiliate Links
This is very similar to traditional affiliate marketing in terms of how affiliates earn money. The major difference here is you earn by creating video content. The content you create for YouTube encourages viewers to buy products from third-party websites that will earn you the commission.
YouTube affiliate marketing is an online marketing business where affiliates generate revenue by adding affiliate links for products or services they recommend to videos they create and upload. YouTubers can then add these links within annotations or in the video âDescriptionâ area.
With YouTube affiliate marketing, creators can turn their product reviews, recommendations, tutorials, and other content into a video format, instead of the regular article style. You then link out to a specific affiliate marketing program.
The monetization process remains exactly the same as other affiliate programs. You earn a commission anytime a viewer makes a purchase via your referral link. Promoting affiliate links can be a massive earning opportunity for channels that offer in-depth tutorials as well as insightful product reviews.
To maximize your revenue potential, consider starting a blog in tandem with your YouTube channel and add affiliate links to it too. By doing this, youâre earning from YouTube and also your website and can send audience from one to the other.
Make Money from Product Placement and Video Sponsorship Deals
This is another way on how to get paid off YouTube. Many businesses are always on the lookout for channels with the right audience that fit their business. When they find such, they often extend sponsorship deals as well as offer you product placement deals in exchange for a shout-out.
YouTubers can then go ahead to negotiate payment terms that best suites them; on a pay per-sale basis or in commission tiers.
YouTubers can also actively search for possible corporate partners by using affiliate marketing sites such as ShareASale and ClickBank. Just keep in mind that you must be willing to stake your reputation for your partners and their products.
Upon securing an endorsement or product placement deal, it is important to notify YouTube by checking the âvideo contains paid promotionâ box in the advanced settings tab of the video manager.
Make money by selling Products or Services
This is similar to the YouTube merchandise shelf but is also possible outside of the shelf. If you offer merchandise or services that are relevant to your audience, make it known to them by creating content around it and provide a link for purchasing it.
Selling a physical product or service will require you to purchase materials, create the product as well as market it yourself. Collection of payment means you also need to have a secure payment system in place. Thankfully, the YouTube platform allows you to sell downloadable products such as e-books or art prints.
Another form is to organize Meet-ups or similar events that can get you to connect with your audience. Usually, the event is a ticketed event but YouTubers can skip that to focus solely on selling their merchandise. Depending on your niche as well as active subscriber numbers, this could prove effective in earning well over $10000 a month.
Make Money from Crowd-Funding
Another means on how to get paid off YouTube is by leveraging Crowd-Funding. This provides a source of steady income depending on which of the types a YouTuber uses. There are two primary types of Crowd-Funding which are recurring and project-based.
Project-based Crowd-Funding can have your audience donate to a specific project while Recurring Crowd-Funding lets contributors pay an amount on a regular schedule.
This method allows you to maximize your potential earnings from your YouTube channel, essentially turning it into a substantial income stream. Certainly, you have to provide incentives in whatever manner to keep the viewers interested.
Conclusion
On how to get paid off YouTube, a $10000 per month target is totally achievable. This is because the platform provides numerous means of earning and all a user has to do is to maximize these avenues.
Keep in mind that some of these methods might require you to invest ahead before you can earn from them. But regardless, a combination of all or sum is sure to earn you that juicy pay you seek.