For many people, YouTube is a site where they can spend endless hours watching cat videos, product reviews, or other people playing video games. For others, it is a way to make money.
Being a professional YouTuber may seem like fun, but you’re in a hurry to get started, and there’s no guarantee you’ll get confused. If you want to make money fast , you can consider other options. However, if you are already an enthusiastic video content creator and want to spend extra effort, you can make money on Youtube . Here are the things you need to know:
How to make money on YouTube in USA
Apply for the YouTube Affiliate Program
You need to partner with the site to make money directly through YouTube . There are several ways to make money after doing this, but you must meet the requirements to become a partner:
- Your videos must follow the site’s advertising rules and have more than 4,000 valid total viewing hours in the last 12 months.
- You must live in a suitable (valid) area.
- We need more than 1000 subscribers.
- You need to connect to a Google AdSense account.
The more videos you have, the easier it is to reach the watch limit. High-quality, entertaining videos are more likely to be viewed, so you need to make an effort to plan and produce. After meeting the requirements , you can apply by clicking on your profile and going to the “monetization” section.
As a partner, you can earn money through features like Super Chat , which allows you to pay for ads, subscription benefits, and viewers to highlight their live broadcasts .
Track your expenses, credit accounts, and even look for new ways to save.
Join Google AdSense
To be confirmed as a partner, you need to connect your channel to the company’s advertising system Google AdSense. Advertisers use AdSense to quote places in videos based on factors such as your audience, your video topic, and related keywords.
Generally, you will be paid for the number of impressions your videos get , ie when someone clicks or watches an ad. Ads are not shown every time someone watches the video, so the images are not converted directly into money in the bank. At the same time, YouTube receives a portion of advertising revenue, and this percentage is not disclosed.
You will receive payments when your balance reaches $ 100 . So, for example, if you have a small channel, you can only get a payment every few months. You may want to set aside some of this cash for taxes. Because Google, which provides AdSense payments, may not deduct all of your tax debt.
Check out YouTube Premium
AdSense is not the only way for partners to make money on YouTube . You can also submit videos on YouTube Premium, the site’s ad-free subscription service . You will earn a portion of your membership revenue based on how much your members watch your videos.
Use product placement and video sponsorship
Companies interested in your channel’s audience can sponsor your videos or offer product placement deals to appeal to their potential customers. You will most likely receive payments per sale or at commission levels. For potential corporate partners , search for sales partner sites like ShareASale, ClickBank, and CJ Affiliate – and make sure you’re ready to guarantee the company and the products you sell before you sign up.
If you have a support or product placement in your video, you should notify YouTube by clicking on the “video contains paid promotion” box in your video manager’s “advanced settings” section.
Buy products or services to those who view your product
If you have a product or offer a service that is appropriate for your audience, let them know and provide them with links to your videos. For example, Ryan Kaji, the star of the children’s YouTube channel Ryan’s World, sells toys, shirts and other items.
To sell a physical product, you may need to buy material or find a manufacturer. However, you can also sell downloaded documents such as e-books or art samples. Have a reliable payment system before advertising your goods.
Meet your fans in the real world
Meetings and similar events allow YouTubers to connect with their followers and sell them goods. These are usually active and interacting subscribers. YouTubers with small audiences may want to take advantage of ticket sales instead of passing events. Or, for example, if your videos teach your viewers to take pictures, you can set up a free class in a local park and then sell a book on drawing techniques.
Apply to crowdfunding
There are two main types of crowdfunding: recurring and project-based. Repeated crowdfunding allows contributors to pay the amount they indicate on a regular schedule. You would like to increase this type of funding to turn the channel into a significant revenue stream.
Promotions such as face-to-face video chats, special classes, or merchandise can force viewers to sign up.
If you have an idea for a project that requires financial support, a project-based crowdfunding campaign is the way to go. You can start with sites like Indiegogo, Kickstarter, GoFundMe or Patreon .
How much does YouTube pay for viewing
In 2013, the average price (CPM) per thousand views for YouTube was $ 7.60. CPM (value per thousand views) is a sector term that represents revenue per thousand views. In 2013, the average revenue for each YouTube content creator was $ 7.60 per thousand views. A video with 500 views earned about $ 3.80.
A video like “Gangnam Style” with a billion views earned $ 7.8 million. Some videos generate higher or lower revenue than average, depending on the video content. Videos that contain copyrighted music do not generate revenue for the video creator. Some topics do not attract advertisers. Some see a strong reaction from advertisers and raise CPM.