Whether you want to earn money on YouTube without creating videos or as a content creator, joining the YouTube Partners Program and setting up monetization is a vital step.
Click the icon for your account in the top right corner. Click YouTube Studio. Read and agree to the YouTuber Partner Program terms.
Create a new AdSense account or connect an existing one to your channel. You need an AdSense account to get paid.
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Set your monetization preferences. How many views do you need to make money on YouTube? However, with the release of YouTube Premium, you no longer need to rely on advertisers to create engaging or enticing ads to earn revenue. Check out YouTube Premium YouTube Premium is a paid membership program that allows fans to watch and support their favorite content creators without ads. For creators, not much changes, as they will get paid for content consumed by non-members on YouTube along with content on YouTube Premium.
Creators are paid for YouTube Premium based on how much members watch their content.
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Essentially, many creators feared that, due to the nature of their content, they would lose out on the ad revenue that helps support their channel.
In short, YouTubers should explore other revenue streams to sustain their creative hobby. Sell products or merchandise There are plenty of products to sell that can help you make money through your YouTube channel.
Selling merchandise—t-shirts, coffee mugs, tote bags, snapbacks, you name it—has a benefit beyond revenue. Roman Atwood sells a variety of merchandise in his store under his Smile More brand.
Selling branded swag is easier than it might seem at first. You can order affordable designs tailored for specific products, like t-shirtsusing freelance sites such as Fiverr.
And when it comes to handling orders, you can integrate your store with services such as Oberlo or one of the many print-on-demand providers that take care of shipping, fulfillment, and customer support, letting you reap all of the benefits of a dropshipping business that demands less effort on your part.
You can even go a step further by manufacturing and selling your own unique products and powering your business through your YouTube channel, like Luxy Hair did to sell its hair extensions with hair-related how-to video tutorials.
Final Thoughts for the Future. Become a High-Paid Remote Freelancer. Remote jobs are in high demand these days.
Your audience's trust, which you've earned by regularly serving them your own brand of content for free. Crowdfund your next creative project When money is all that stands between an idea and its execution, crowdfunding is a good way to make it which binary options trader to choose. Whether you need help buying better equipment, hiring actors, or covering other production costs, you can call upon your own audience and the crowdfunding community to pitch in if your idea is compelling enough.
Popular crowdfunding sites with a proven track record of campaigns from YouTubers include: Kickstarter : One of the most well-known crowdfunding sites, great for funding cool products and creative projects.
Indiegogo : A Kickstarter alternative that offers more flexible funding options. Many fan funding platforms offer creators another place for people to discover their content and a way to engage their most loyal audience and reward them for their support.
Wait But Why creates more long-form written content than YouTube videos, but is a great example of receiving support from the Patreon community.
If you choose the crowdfunding route, be sure to follow a couple of best practices. First, create transparency around how the money will be spent.
Who’s going to watch your YouTube channel?
This will get your fanbase invested in your story or mission, and they will literally buy into the value of how to make the most money on content. Second, offer enticing rewards for better pledges.
It lets you create a tipping jar for your viewers to donate whenever and however much they feel like contributing. Patreon : The membership platform that makes it easy for creators to get paid. Fans can subscribe to their favorite creators for as little as a dollar a month and receive exclusive rewards. Tipeee : Lets you get a combination of both one-off and recurring donations 5.
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License your content to the media If you happen to create a viral video with mass appeal—say, a funny clip featuring your dog—you can license your content in exchange for money.