YouTube Monetization: Making Money from Your Channel
Both professionals and amateurs use the highly popular video sharing service YouTube. If you understand how it works, it’s also a great method to make money. You’ve come to the right site if you’ve ever wondered how to use YouTube for personal gain through monetization.
This article examines the potentially lucrative topic of YouTube monetization, offering advice, defining the term, outlining pertinent rules, and providing information on what to do if your application is turned down.
We start with a straightforward definition.
What does YouTube Monetization mean?
YouTube monetization is the capacity to generate income from your videos.
You must fulfil specific requirements and sign up for the YouTube Partner Programme (YPP) in order to enable YouTube monetization.
According to YouTube, you need the following to be eligible for monetization:
- At least 1,000 subscribers and 4,000 view hours in the last 12 months on your channel.
- You may increase these figures by promoting your channel and producing high-quality content.
To create and monetize your channel, there are further criteria. We’ll talk about those in the section after this.
The Seven Rules of YouTube Monetization
You should start by abiding by these seven monetization rules if you wish to monetize your YouTube content.
1. Create an AdSense Account
This rule should be completed first because it will be a crucial starting requirement. YouTube is one of the many channels that Google’s internal ad network, AdSense, is utilized to advertise and sell advertising space through. Link your YouTube account to that one.
2. Learn the YouTube Partner Program Requirements
The next step is to enroll in the YPP, or YouTube Partner Programme. Access to resources like the merchandise shelf and channel memberships are made possible via membership. Before YouTube will even consider you for YPP membership, you must fulfil the following requirements:
- Show that you are adhering to YouTube’s monetization guidelines.
- Over the previous 12 months, users must have viewed your material for at least 4,000 hours.
- You require a minimum of 1,000 subscribers.
- A linked AdSense account is required.
- You must be in a location where the YPP is accessible.
- There are no violations of the community guidelines against your channel.
- You adhere to YouTube’s monetization guidelines, which are listed below.
- A two-step verification on the Google account connected to your YouTube channel gives you an additional layer of security.
3. Once your application has been accepted, enter your YouTube Studio, choose “Enable Monetization,” and then follow the on-screen directions.
4. Observe the YouTube monetization guidelines:
There are a lot of restrictions to go by, and your channel will be watched to make sure you do so. Among these regulations are:
- Google AdSense regulations
- Community Standards
- Regulations for monetizing
- Creative works
- The terms of service for YouTube
5. Keep to Copyright Laws and Obtain a License for Your Background Music. Copyrights are a very important matter. Use Lickd to include quality music in your videos.
6. Things to Avoid If You Want to Effectively Monetize YouTube Content:
Avoid the following traps to keep potential sponsors at bay:
- Controversy and inaccurate or misleading statements :- Although we have the right to free expression, there are obligations. You could lose points, for instance, if you purposefully stir up a fight using deceptive or venomous rhetoric.
- A lot of foul language:- A few expletives won’t get you in trouble, but like with the movie rating system, excessive profanity will.
3. Erroneous thumbnail previews:- Your video can be reported for misleading material if the thumbnail depicts a basket of cuddly kittens while your video is on how to clean an assault rifle.
4. Too disturbing of a subject:- Advertisers are leery of being connected with content that is divisive or of poor taste, even if there doesn’t seem to be a good reason for it, even though this isn’t a deal-breaker.
7. Additional advice for monetizing YouTube
Finally, broaden your horizons and take into account these additional monetization strategies:
- Merchandising:- Tchotchkes, such as t-shirts, mugs, hoodies, keychains, and ball caps, are very popular.
- Clicks on affiliate links:- Sign up for an affiliate programme to earn referral commissions.
- Sell the rights to your video:- Your movies could be licensed by other companies so they can make money off of them!
- Get support from fans:- Offer your audience more features and exclusive benefits in exchange for their monetary support by using websites like Patreon.
Policies for YouTube Channel Monetization
Let’s go through two essential procedures under YouTube’s channel monetization guidelines. Some of these ideas were briefly discussed earlier.
1. YPP (YouTube Partner Programme) application
The time it takes YouTube to review and decide on your membership application is around a month, possibly longer. During the application process, YouTube will look at the following criteria:
- Main idea
- Most popular videos
- Brand-new vids
- The majority of watch time
- Metadata for videos (such as titles, thumbnails, and descriptions)
2. Avoiding YouTube Mistakes Regarding Copyright and Monetization
Copyright infringement on YouTube is a serious offence, as we’ve previously stated. Therefore, you should only post videos that you have either made yourself or have been given permission to use. Additionally, audio and music tracks, user-made videos, and other protected works are all included in the definition of copyright. Infractions of the law can lead to:
- Termination or suspension of an account
- Eliminating all video adverts
- Getting kicked out of the YPP
The Top 10 YouTube Income Sources
Here are the top ten methods for monetizing YouTube, in no particular order:
1. YouTube Ads
This method of revenue is the simplest, most fundamental, and widely recognized. There are various YouTube ad styles that let you manage where these advertisements display before or during videos.
2. Affiliates
Have you ever watched a video where the host gives you a link to a company’s website so you may visit it and think about buying their products and services? That is a programme for affiliates. For each sale that is a success, you receive a commission.
3.YouTube Premium
YouTube Premium is a paid subscription service that allows users to download videos and access material without advertisements. Fortunately, this service still pays you for your films because subscription income payments are distributed to video creators in the same way as ad revenue payments are. How frequently Premium members watch your movies will determine how much.
4. Merchandise
This is an additional strategy we’ve already covered. Numerous supported merchant systems are readily available nowadays and ready to assist you in selling your branded products to your fans.
5. Membership in a channel
A monthly fee is required for channel subscribers in exchange for exclusive perks like exclusive videos, one-on-one live chats, and product discounts.
6. Patronage
We previously discussed this advice. Think about using a third-party site like Patreon to allow viewers to support your channel in exchange for special rewards. In relation to treats:
7. Paid Sponsorships
In order to use, demonstrate, or discuss a company’s products or services in your video, you must first secure sponsorship from the company or brand.
8.Super Features such as Super Chat, Super Stickers, and Super Thanks
These are three “super” elements that can be seen in chat messages that are displayed during YouTube live streams:
- Super Chat: This feature prioritizes your chat messages over those of other users.
- Super Stickers: This is a feature similar to Super Chat, but with stickers that users can purchase and distribute to pin at the top of a chat stream.
- Super Thanks: This feature enables users to show their appreciation for their favorite creators. For a modest cost, users can purchase a featured chat comment as well as an animated GIF.
9.YouTube Shorts Fund
If the applicants match the requirements, this $100 million fund is set aside for Shorts creators.
10 YouTube Brand Connect
This tool links brands with YouTube creators for content marketing initiatives, and it is now accessible in the United States, United Kingdom, and Canada.
What to Do If You Get Rejected by the YouTube Partner Programme
Don’t give up if you’re rejected by the YPP. After 30 days, you can reapply for the YPP. Fortunately, YouTube gives you the opportunity to make amends by informing you of the rules your channel violated.
You will therefore receive feedback on what needs to change and the appropriate time to make the adjustments in order to obtain the coveted YPP membership!
Conclusion
Finally, you can utilize YouTube monetization to generate income from your videos. Video production and publication are fantastic for more than just brand exposure. Additionally, using YouTube monetization to support oneself is a great idea.
Do you intend to expand your YouTube channel? Start by branding your YouTube account if you want to start making money there. Then, advertise your channel to increase video views. Keep in mind that you have more chances to earn money from the platform if you have more viewers and subscribers.