If you are a beginner and want to learn how you can monetize your channel and start earning money, then you are in the right place.
This is a comprehensive guide for all the beginners where we will cover all the information you need about Youtube Monetization and its anatomy.
Let’s first start with basics, the four basic rules of Youtube monetization;
- You will need at least 1000 people subscribed to your channel
- Over the 12 months period, your videos have produced 4000 Watch time hours.
- You obey and agree with all the policies and instructions of Youtube.
- You must have an AdSense account.
How Does YouTube Monetization Work?
The working phenomenon of Youtube monetization is pretty simple and straightforward.
Organizations and companies create advertisements that are shown at the beginning of your video or even in between.
They go by the name pre-roll ads. You get paid, every time a user watches the add without skipping it.
Easy and simple, isn’t it?
How To Activate YouTube Channel Monetization: Step By Step!
Let’s first know how you can prepare your channel for monetization and then we will discuss the steps that you need to follow to activate your youtube channel’s monetization;
There are a number of things that you can do to ensure that your channel has the best opportunity to obtain the approval of monetization before you hit the “Enable” button.
30 days is an obvious time that will be taken by Youtube to review your channel, and if your application is declined,
Then you should not take any chance — you want to earn income as soon as possible.
One of Youtube’s most common reasons why monetization applications are not approved is duplications.
YouTube can have a justification on your monetization page if your application is refused, but the reasons can be quite unclear
Just make sure you have all the correct licenses in place when using stock footage and audio.
It is really simple as any purchase of Storyblocks stock and audio is allowed to be downloaded at all times.
It is important, although you have not monetized your channel, to know where and understand these licenses.
Now let’s take a look at the steps that can help you monetize your Youtube channel.
Verify Your Account
This is one of the most important steps that you need to take because until you do.
So you will not be able to enjoy Youtube live, hangouts on air or upload videos longer than 15 minutes.
Here are the steps that you need to follow to verify your acc;
- Open the youtube and click your channel icon showing on the top right of the screen. Then Youtube Setting and Creator Studio will show up on your screen.
- Select the Gear icon that will open the Account Settings Overview page for you.
- After that, you will choose the View Additional Features link. You will be provided with a long list of features, and here you will see Verify feature, you have to verify again before you can head further.
- Hit the Verify button. Then put in your required credentials asked on the Account Verification page.
- Here, you need to choose the verification method and specify your country location. Once done, click NEXT.
- After that, you will receive a verification code on the number you have provided. The verification code will be in the form of text message or voice call.
- Input the verification code to continue
- Lastly, click continue to end the process.
- Congratulations, you are now verified.
Join The Youtube Partner Program
You will be eligible for pre-roll ads once you join the YouTube Partner program.
There are a few more conditions, but nothing too complicated for this programme.
Essentially, YouTube would like to ensure that only original content, advertising-friendly content etc are uploaded.
In addition to ads, innovative product features, strategic and technological support and exposure to specialized services like YouTube Space and development programs are included.
Here’s what you need to if you are rejected for the Youtube Partner Program:
Now let’s presume you have applied, but you have been rejected, for a YouTube Partner Program. What would you do next?
YouTube will give you an overall explanation when you are disqualified from the YouTube Partner Program.
They do not clearly tell you what the issue is causing your video or post, so you may be left with multiple confusing thoughts.
The good news is, however, that the program can be reapplied after every 30 days.
Again, that’s where you need to have a moment and think rationally.
Unless you think that videos obey the rules and standards of the community are transparent, then you most certainly need to change them.
When you have videos that have copyright content, then you would have to remove them as they potentially also create an issue with YouTube.
When the creators applied for the partner program, would it prevent me from going to the program through community directives or copyright strike on my channel?
So the answer is NO, It will definitely not prevent you, but it will have an effect.
Moreover, for better guidance and understanding you can visit Youtube’s support page that will answer all your questions.
So Does Youtube Monetization Work?
Yes, Youtube monetization really does work.
You have examples of a number of successful YouTubers who are earning a handsome amount through Youtube and most of them even created it as their profession.
We have already mentioned how Youtube monetization works so we will not mention here again.
Also Read: The Best Vlogging Equipment Essentials for Beginners
How To Monetize YouTube Videos Without Adsense?
There is basically one way to monetize your channel through youtube and start making money.
Although you have got several options as well, activating your youtube channel’s monetization is good, simple, and an easy entry point.
Other monetization options will benefit you greatly only if you have an engaging audience. The options are as follows.
People love to buy their favourite YouTubers’ merch.
But before you start printing shirts for all your subscribers, it is better to ask them first, if they are interested in it or not.
A good way of making your audience take interest in your merch is asking them for design suggestions or what type they would want.
Also, if you communicate with your audience in specific lingo, or if you have given them a specific name then designing your merch will not be that difficult.
Patreon is one of Youtube’s most successful online sponsorship platforms.
Patreon encourages your loyal followers to pay for access to exclusive content a certain amount per month.
You can select from various levels of Patreon, from behind-screen videos to entirely new content (not available for non-paid members).
Some YouTubers give their audience access to videos early in the day, some even invite for one on one chat with the creators.
For creators with a dedicated fan base, Patreon is a perfect option.
This loyalty is most often accomplished by regular contact and engagement with your subscribers.
The goldmine to make money on YouTube are paid sponsorships.
Brands pay to review or mention their products in your videos or to promote them in videos.
We must be totally frank with you, this is a hard mission to accomplish. Yet it’s never too early to begin marketing to companies.
You can communicate with them on different social media platforms,
Show them how you can benefit their brand and offer an example of effective product or affiliate sponsorship programs that you have done in the past.
You will always put yourself on the brand radar even though you have not reached the required amount of subscribers yet.
Again, make sure you make sense of the content you produce for the companies you are looking for.
You would be glad to know that getting into an affiliate program is very easy.
Although this won’t pay you as much as paid sponsorships it is better to get something than nothing, right?
The good news is that joining an affiliate program is very easy. The income is just less than what a paying sponsor would give you.
Once you have signed up for an affiliate program with a particular brand, a unique discount code will be provided to you when your subscribers shop with that brand.
You will earn a small commission each time they use your code.
You need to mention the affiliate code in your videos and mention it In video’s description as well so that it is noticed by your subscribers.
Product Features or Characteristics
Product features are a major step towards paid sponsorships, but they may not get you real cash.
When you begin to build a large audience, brands may send you their products to review or feature them in your video.
It is indeed great Free stuff, yeah? You don’t have to wait before brands hit you, go ahead to prospective clients.
Make sure you send your channel to relevant companies.
Get Paid for a Spot In End Cards
People are always finding a way to promote their channel. One way is by posting a link to your channel on a video on an end-card.
This is not a common approach. We found a YouTuber who speaks about his experience with renting links on YouTube.
Around $150 to 500 was paid to him to promote links on his ranked videos.
e-Books are another way to make a pretty good amount online.
e-Books are a great initiative and now people even love to read digital books because they are easy to access through any device you have.
If you are a easy writer and also have a Youtube channel, then you cannot have a better platform to market your book.
But, make sure that you have proper writing skills otherwise try other options on this list.
Moreover, if you are willing to take risks and want to write on different topics then you can search through the internet and look for the topics that people are interested in at the moment.
Once done with writing a book, you can publish it on Amazon through their Kindle Direct Publishing service.
All you need is to register your account on it and have a PDF version of your book.
Sell Digital Products
Currently, you cannot find it easier to sell products than digital ones. The easiest thing to sell online today is probably digital goods.
You can create an app if you have ideas about products that your audience can enjoy. You can make models or prints if you are a graphic designer.
Pictures can be sold by photographers. Selling a digital product is how most YouTubers are making the money.
They don’t advertise their goods on videos, but they mention them sometimes to draw viewers to the website.
You can replicate the same strategy if you have built enough audience.
You can ask your subscribers of their problems and promote a digital product accordingly that will solve their problem.
If you think that you have become much of a perfectionist in a certain field then it’s time to put together a course about it and sell it through Youtube.
This is only eligible for those people, who think that they have gained enough experience in their field that they can guide and teach other people.
When you have created a course, promote it on your Youtube channel to your audience.
In order to earn something from it, you must promote your course properly and encourage your audience to buy it.
For marketing and promotional purposes, you can have platforms like FaceBook Groups or Pinterest.
These platforms also have a large audience, therefore, it is not a bad idea to promote your course here as well.
Offer Your Services
Let’s suppose, you are a professional content maker or you are good at consulting people about life.
You can use your abilities to make money using Youtube videos to generate leads.
The main advantage of using Youtube is, since it is a universal platform, you will have people from all around the world.
In this way, you have more chances of earning a good amount of money then providing your services locally where you are limited to people in your area.
Being A Speaker
If you don’t already know, there are so many YouTubers who earn their living by just speaking in their video.
Well, don’t get a wrong idea, this does not mean that you make a video with you speaking anything.
This relates to motivational speakers or people who make educational videos talking about various things.
So, if you think you have the ability to inspire others, then Youtube is the right platform for you.
And once you are able to create a respectable audience, you will start getting invitations to speak at the events, resulting in you earning money.
License Your Videos
The videos you post are licensed to protect you from someone who steals your contents and use it without your permission.
But, in fact, you can use the license to make money from your videos on YouTube.
If you make viral videos, media outlets may want to use these videos on their websites or in advertisements.
If all the content you put on your channel is licenced, then no one can use it without your permission and if they do, you need to be paid.
Also Read: Everything You Need To Know On How To Become YouTube Certified
Essential Youtube Monetization Tools
There are a number of tools that can help you with your Youtube Channel monetization.
We might not be able to discuss all of them, but we will mention all the tools names that we know. The monetization tools are as follow:
Tubebuddy is a great browser extension to help you easily operate your YouTube channel.
The best thing is to reduce all your work by offering a complete solution under one roof to run your channel.
This tool is a fantastic resource for all of the YouTubers, which allows you easy management of your productivity, bulk promotion, video SEO, data & research.
Semrush is a top-quality tool that you can see all the digital marketers praising about.
SEO, PPC, competitive inquiry, social media and advertising, all covered by a one-stop solution.
You also have an overview of your website performance by using the analytics tool.
The software includes several additional methods for comparing competitive domains, measuring keyword complexity and more.
YouTube Studio is the official multi-channel software for YouTube video editing and management.
The YouTube Studio provides easy-to-use analytics, filtering and response of the channel and video performance monitoring.
Notify the users of a major event Updating video information like photos for thumbnails, monetization, scheduling, management of playlists, etc.
When it comes to video transcriptions, there is nothing better than Trint.
It has the capacity to evaluate and expand your video content in searchable data, which also plays an important part in improving SEO content.
To deliver correct transcripts, Trint uses the world’s advanced automated speech-to-text algorithms.
The easily-used Trint Editor connects the original audio and video to the text, allowing you to search, check and, if necessary, correct the transcript without having to leave the Trint Editor.
Languages supported by Trint include English (all accents), German,
Italian, Portuguese, Dutch, Danish, Polish, Finnish, Hungarian, European French, European Spanish, and Swedish.
Besides these the other options you have got are a lot, due to limited time and word limit we won’t be able to tell you about but here are their names, you can check them out.
- YouTube Creators
- Cameleon Live
- Premium Beat
- JTV Digital
- Keyword Tool
Factors That Determine Your Channel’s Long-term Success
There are a lot of factors that determine your channel’s success.
If you are able to replicate all of these factors with your Youtube channel and there is no looking back. These factors are as follows:
- Be consistent with your uploading frequency. At least give your audience 2-3 videos per week.
- Develop a sustainable video production workflow.
- Communicate with your audience in a unique lingo that becomes your signature. This will allow your audience to connect with you better.
- You need to keep the title and credit section in your video small.
- Add an end screen in each video to promote your other videos, channel or website. This will keep the audience moving around your channel, thus more engagement.
- Design the video thumbnail in a creative way that attracts the audience and compels them to click on the video
- Keep the flow of your video consistent and for that, you need to edit all the distractions.
- You can take ideas for your video from the topics or videos that are currently trending. This will help you draw traffic towards your channel.
- You can improve your watch time by making long videos.
- Go live on your youtube and connect with your audience. Make them realize that they are important.
- Develop videos in the form of series.
- One of the best ways to grow your channel is to collaborate with other YouTubers. In this way, you will be able to draw the attention of their subscribers towards yours.
There could be other factors as well, but if you can replicate the ones that we have mentioned, then you can definitely think of making Youtube a profession.
Ways To Grow Your Channel
Factors that can help you grow your channel are no different from the ones that determine the long success of your channel.
But, if you are a beginner then here are a few more ways that can help you grow your youtube channel.’
- Create videos around a single topic or keyword.
- Engage with your audience and ask their suggestion for your next video.
- Promote your videos on all the social media platforms you use and ask your friend and audience to share it.
- You need to show up on your videos and not just remain behind the curtains while people only know your voice.
- Create creative and great thumbnails for your videos.
- Ask people to subscribe to your channel in every video.
- Improve your uploading frequency and be consistent.
So this was our comprehensive guide about Youtube Monetization requirements and what you need to do.
We have tried our best to cover all the important points and provide you with information that could be helpful for you.
We hoped that you liked our guide. Having said that, we come to the end of our article.
Thank you for taking out some time and reading our guide. If you have anything to say, please do tell us, we value your feedback.