With over 2 billion active monthly users worldwide, YouTube is the second most used website in the world after Google itself. Today, it is common for YouTubers to be making six figures, and, being a YouTuber is no less than a full-fledged career in 2024.
So, if you find yourself wondering how to make money on YouTube, we assure you are not alone. From earning ad revenue to selling merchandise, YouTube has a wide variety of options for you to make money online if you are into making videos.
Granted, gaining followers on Youtube can be a time-consuming process but, the good news is that once your channel gains a significant following, it gets progressively easier to get more and more viewers as long as you keep uploading quality content consistently.
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As with most other social media platforms, the key to making money on YouTube is to garner a large audience online. So, before we go into the different methods you can use YouTube to make money online, here are 7 simple tips to get more viewers for your YouTube Channel:
The most important thing to get more viewers, of course, is to create good-quality content. So, plan your videos well and invest in production equipment like a microphone, camera, and required software. Write a script and edit it to perfection.
The thumbnail is the first thing that a viewer comes across and it is often what determines whether they will click on a video or not. So make sure to always use eye-catching and relevant thumbnails for your videos without click-baiting the viewers.
If your videos are more likely to appear in YouTube search results, they are more likely to be clicked. So, always use relevant titles, tags, and descriptions that make your videos more discoverable.
Consistency is key to making money on social media. It not only helps build a loyal viewership but helps with the YouTube algorithm as well. So, keep putting out content consistently, preferably at regular intervals. But at the same time, take care not to compromise the quality of the content.
Responsive creators are more likely to attract and retain viewers. So, take time to engage with your audience by responding to comments. If the format of your video supports it, acknowledge and address your audience in your videos. Ask for feedback and try to implement the suggestions of your audience in your videos.
Collaborating with a fellow YouTuber in the same niche not only adds to your credibility but also helps you to reach the audience of the other YouTuber. So, reach out to your competitors and offer to make joint videos or video series as it is a win-win proposition.
Share your YouTube on any social platform you are active on including Facebook, Instagram, Twitter, and Whatsapp. Promoting your videos on other social platforms besides Youtube not only enables you to reach a wider audience but also helps you create a more well-rounded online persona.
Following these best practices will go a long way to help you get and retain more followers. Just be patient and it is only a matter of time before you cross the 1000 subs mark and become eligible to join the YouTube Partner Program.
Until then, you can use the methods discussed below to make money with your YouTube channel.
Even though having a large following and being a part of the YouTube Partner Program significantly increases your chances of getting sponsorship deals, it is not a prerequisite.
If you consistently keep putting out engaging content and develop a loyal fan base, a business in the same niche as yours may take notice and approach you with a sponsorship offer to create promotional content for them in return for monetary compensation.
Or, if you have a brand in mind, you can approach it yourself through social media or e-mail. In your pitch, you should explain your channel, your audience, and how a partnership with you could be beneficial for the brand.
It is important to be selective while choosing a brand to collaborate with and chose a brand that aligns with your values as well as your niche. Also, take care that promoting the brand doesn’t make the quality of your content suffer.
If you would like more freedom and autonomy in promoting a brand, the performance-based model of affiliate marketing might be a perfect fit for you.
As an affiliate marketer, you promote a business online and get a commission every time a sale is generated through your efforts. The commission may be a fixed amount or a fixed percentage of the sale.
The most important requirement for being a successful affiliate marketer is to establish your authority/credibility over a niche by posting quality content about it so that people trust your recommendations of the brand you endorse as an affiliate.
There are countless affiliate programs out there, offering a variety of commission rates and products/services to promote. Some popular affiliate marketing platforms are Amazon Associates, CJ Affiliate, Rakuten Advertising, and ClickBank.
Note: You need to disclose your affiliate relationship with the brand you are endorsing in the video descriptions or the videos themselves.
If you dig the commission-based model of affiliate marketing but are not into promoting products/services, maybe you should consider promoting job vacancies instead.
With the Synkdup Headhunter program, you can earn money through Youtube with the same performance-based model as affiliate marketing but, it is for promoting job openings across the U.S. instead of promoting products or services.
As a Headhunter, you are provided web links to job openings in various industries. You are expected to give these web links visibility on your social media handles in return for a commission of up to $25 for every applicant who applies to a job using your link.
Making videos related to jobs can be really useful to grow your channel as the topic has a great number of searches online. And even if you do not want to make dedicated videos, you can just post your job links with your videos in the comments or descriptions as a way to help your viewers find jobs.
Even without 1,000 subscribers, you can make money on YouTube by soliciting donations from your fans by using dedicated websites, most notably, Patreon.
Viewers can send monthly donations to you in return for exclusive benefits or simply to support your channel financially.
BuyMeACoffee and Hy.Page and also very trusted platforms that you can use to get monthly donations from followers.
It is important to keep creating quality content consistently and delivering on the promises you make to your patrons. Also, you need to be considerate in deciding a subscription price that is in line with the value you are offering so that your patrons don’t feel they are not getting their money’s worth.
Selling your merch is one of the more ambitious ways to make money on YouTube. In addition to having strong marketing skills, you need to have a dedicated following of viewers who would be interested in buying your branded products. Branded products can be anything from t-shirts/hoodies to coffee mugs to tote bags with your logo imprinted on them.
However, it is better to offer products that are related to your niche in some way or the other. And make sure to always sell quality products to retain the trust of your viewers.
If you are not a YouTube Partner, you will need to set up an online store to handle transactions effectively. And if you are a Partner, you can use Youtube’s built-in merchandise shelf, a feature that allows you to display up to 12 products on the videos page of your channel.
Joining the program enables you to make money on YouTube directly through the platform by sharing a part of the ad revenue and a couple of other ways discussed ahead. Only YouTubers with a significant viewership can join the program and you need to meet certain other criteria to be accepted into the program as well.
If you meet all these requirements, you can apply to join the program by following these steps:
Once you have completed all the steps, your application will be reviewed by YouTube. The reviewing could take a couple of weeks and after you become a YouTube Partner, you can make money on YouTube through the following methods:
YouTube is a lucrative platform for advertisers to promote their products and services to a large audience. And this provides a great opportunity for creators to monetize their content by having ads run on their videos.
It works like this: whenever an ad appears in or before your video, you get a portion of what the advertiser is paying YouTube to have the ad run on the website. But, the viewer should click on the ad or watch it till the end for you to be eligible to get paid.
It is one of the most lucrative ways to earn money on YouTube because the ads are automatized and you don’t need to make any extra efforts to earn this way.
However, a possible drawback of this method is that YouTube can demonetize your channel at will if it finds your content to not be advertiser-friendly. You may be violating the platform’s policies without knowing it and all of a sudden you may find that you are not able to make money through ads anymore.
So, if you are serious about making money on YouTube, it is better not to rely solely on ad revenue and explore other ways as well.
If you have at least 30,000 subscribers, you can supplement your YouTube channel income by offering channel memberships to your fans using a join button below your videos.
As a member of your channel, a viewer gets access to exclusive perks in return for a monthly fee, 30% of which goes to YouTube.
Perks may include early access to videos, merchandise discounts, one-on-one chat, member-exclusive content, custom emojis, and custom badges.
You can offer different membership tiers, each with its own membership price and benefits. To make the most of it, remember to talk about the perks of your channel membership at the end of your videos to encourage viewers to become members.
Super Chat and Super Stickers are YouTube’s built-in features that enable viewers to pay for standing out in your live stream chats.
Super Chat messages are highlighted in a bright color and stay pinned to the top of the live stream chat for some time depending on how much the user has paid.
Super Stickers are animated stickers that come in different shapes and sizes that viewers can buy for greater engagement in your live chats.
The portion of the revenue from the purchase of Super Chat and Super Stickers that goes to YouTube varies depending on your country and currency.
If you go live frequently, these features can be a great option to boost your YouTube channel income. Remember to acknowledge your viewers when they use super features during your live streams and thank them for their support to make the most of these features.
Being a part of the YouTube Partner Program also makes you eligible to share a part of YouTube's premium revenue.
YouTube Premium is a paid service that offers users special features like free access to YouTube Music, ad-free videos, background playback, and so on.
Just like ad revenue, you do not need to do anything extra to make money through YouTube Premium. Whenever YouTube premium subscribers watch your videos, you will automatically get a portion of their subscription fees.
Q: How many views do you need on YouTube to make money?
Ans: You need to be part of the YouTube Partner Program (YPP) to make money through ads on YouTube. To be a part of this program, you need to have at least 1,000 subscribers and 4,000 watch hours in the past 12 months on your channel.
Q: Do you get paid for uploading videos on YouTube?
Ans: No, you do not get paid directly for uploading videos on YouTube. Nevertheless, if your videos get enough traction, you can make money through them with different means, such as ad revenue, channel memberships, selling merchandise, and sponsored content.
Q: How much do you get paid per 1,000 views on YouTube?
Ans: On average, YouTube creators can earn anywhere from $0.25 to $4 or more per 1,000 views from ad revenue. This estimate can vary widely based on factors such as ad format, viewer location, niche, viewer engagement, seasonal trends, and so on. Some creators in highly competitive niches or with highly engaged audiences might earn on the higher end of this range, while others may earn less.
Q: Who is the highest-paid YouTuber?
Ans: Right now, the highest-paid YouTuber in the world is Jimmy Donaldson, known by the YouTube name Mr. Beast, and he makes around $54 million a year on YouTube. He has gained immense popularity on YouTube for his over-the-top acts of generosity, large-scale charity donations, and attention-grabbing challenges. Jake Paul follows closely behind at around $45 million a year.
Q: How many subscribers do you need on YouTube to make money?
Ans: Having 1,000 subscribers is the threshold for applying to the YouTube Partner Program. Joining the YPP allows you to monetize your videos through various methods, including ads, memberships, and Super Chats during live streams. In addition to having a thousand subscribers, you also need to have had more than 4,000 public watch hours in the last 12 months.
Q: Is it worth starting a YouTube channel in 2024?
Ans: Starting a YouTube channel in 2024 can be worth it if you're genuinely excited about sharing your passion or knowledge with the world. Yes, YouTube is pretty crowded, but there are diverse audiences out there, and with the right niche and engaging content, you can stand out. Just know that it's a journey that demands commitment. You'll need to be patient, consistent, and open to learning new skills, like video editing and marketing. YouTube keeps evolving, so being flexible and adaptable is key.
Q: How can I make money on YouTube without ads?
Ans: There are several ways to make money on YouTube without relying on traditional ad revenue. The most popular among these include channel memberships, sponsorships and brand deals, merchandise sales, affiliate marketing, and crowdfunding.
Q: How can you make money on YouTube without making videos?
Ans: One way to do it would be to offer your services as a video editor or manager for other YouTubers. If you have a great voice, you could also provide voiceover services to YouTubers looking for a narrator. In addition to that, you can also provide freelancing writing services to YouTubers looking for someone to assist them with writing compelling video titles, descriptions, and tags to improve their videos’ visibility on YouTube.
Q: How much do YouTubers make per view?
Ans: The earnings a YouTuber makes per view can vary widely and are not typically presented on a per-view basis. Earnings on YouTube are generally associated with CPM (cost per thousand impressions), which represents the amount advertisers are willing to pay for every thousand ad impressions.
The earnings per view can depend on several factors, like CPM (cost per thousand impressions), ad engagement, viewer geography, and content and audience reach.
It is important to note that YouTube earnings are typically calculated and reported in terms of CPM, or total revenue earned over a given period, rather than on a per-view basis. Additionally, YouTube takes a share of the earnings (usually around 45-55%), so the creator doesn't receive the full CPM.
Q: How much do YouTubers make every 1,000 views?
Ans: The earnings a YouTuber makes per 1,000 views can vary widely based on several factors. The primary determinant of earnings per 1,000 views is the CPM (cost per thousand impressions), which represents the amount advertisers are willing to pay for every thousand ad impressions.
CPM rates can fluctuate significantly and are influenced by various factors, including content type and audience demographics, ad formats, seasonal trends, advertiser demand, geographic location of viewers, etc.
Q: How many dollars do you get per subscriber on YouTube?
Ans: There is no fixed dollar amount per subscriber on YouTube, as the earnings from YouTube are influenced by multiple factors and can vary greatly from one channel to another. YouTube ad revenue is primarily based on factors like ad engagement, viewer demographics, types of ads, and the overall performance of your channel.
Additionally, revenue from other sources, such as sponsorships, merchandise sales, memberships, and affiliate marketing, further contributes to a creator's overall earnings.
Q: Do YouTubers get paid monthly?
Ans: Yes, YouTubers typically receive their earnings from YouTube on a monthly basis. YouTube pays creators through the YouTube Partner Program (YPP), and payments are usually made through Google AdSense. AdSense is the advertising platform that allows YouTube to display ads on videos.
Q: How many views do YouTubers need to get paid?
Ans: To get paid on YouTube, you need to join the YouTube Partner Program (YPP) by meeting two main criteria: 1,000 subscribers and 4,000 watch hours in the last 12 months. The number of views needed to earn varies based on ad engagement, viewer demographics, and ad types, affecting the CPM (cost per thousand impressions). The actual earnings per view can range from a few cents to several dollars, based on the CPM. It's essential to focus on creating engaging content and optimizing monetization strategies to maximize earnings.
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