YouTube has evolved into one of the most powerful platforms used by content creators to earn money. YouTube can be a go-to platform for anything you want whether it be gaming educational lifestyle or technology. But to turn your hobby into a revenue-generating channel you will need to follow certain steps. Here are some steps that you might need to follow to make it your YouTube channel.
1. Meet your YouTube eligibility criteria
To start earning money from YouTube you need to be qualified for the YouTube partner program. To do this you will have to meet certain requirements. You need to have 1000 subscribers, 4000 hours of watch time in the past 12 months, no active community strike or copyright violations, two-step verification, and AdSense accounts linked to your YouTube. After meeting these benchmarks you will be able to apply for YPP through the YouTube studio. Your profile will be reviewed and you will gain access to monetize your channel.
2. Leverage and revenue
Youtubers on the money with the help of ads that come in between or at the beginning of their video. You will need to be approved by YPP to earn revenue through ads. The duration of the ad that viewers watch and the amount advertisers are willing to pay may vary.
3. Channel membership
After you have established yourself as a YouTuber with a loyal fan base you can introduce channel membership where your subscribers will pay a monthly fee for member-only content. But to be able to do this you need to have over 30000 subscribers, however, smaller channels can use third-party platforms that offer similar memberships.
4. Super chats and super sticker
Super chat and super sticker are earnings that you get from your audiences while they engage with your content. This is mostly true for people who are live streaming as the weavers can purchase these features during this time to highlight or display costume stickers on their comments.
5. YouTube premium views
You can also get paid by YouTube premium subscribers when they pay a monthly fee to watch content without ads. You will receive a share of revenue based on the watch time of premium users, allowing you to earn money without any ads.
6. Affiliate products
Affiliate marketing can be another way to earn money through YouTube without reliance on ads. Many brands offer affiliate programs where by using links to your video description you can get a commission every time you have your makes opportunities using it. Amazon associates, and share a sale are some popular affiliate platforms that are used by YouTubers.
7. sponsorship
When your channel gains popularity, you will be approached by brands for sponsorship deals. Bhai promoting products or services were displaying the brand in your video you will be able to get money. You must build your credibility and maintain a consistent schedule for posting your content to attract more sponsors.
8. Selling merchandise
If you have a unique brand logo you can print it on quality t-shirts, hats, or other items and cell them directly through YouTube. Channels with over 10000 subscribers can use YouTube merchandise so to showcase their products helping them to generate extra cash.
9. Crowdfunding and donations
Another great way of earning through YouTube is through crowdfunding. You can encourage your subscribers to support you financially through platforms like Patreon. Through this, you can pledge a monthly donation in exchange for exclusive perks from your channel.
10. Digital product
Creating and selling desktop products can also help you generate revenue through YouTube. You can create products like ebooks, courses, or templates that the audiences can purchase if you are an expert in any field.