How to monetize a YouTube channel
YouTube Partner Program (YPP)
To be eligible to join the YouTube Partner Program, you must have at least 1,000 subscribers and 4,000 watch hours within the previous 12 months. Once approved, you can turn on video monetization so that you can make money from the ads that are shown on your channel.
Google’s advertising platform is called AdSense. Once you’ve joined the YouTube Partner Program, you can earn money from ads by connecting your AdSense account to your YouTube channel. Your videos will be accompanied by, preceded by, or feature advertisements. You will be compensated based on metrics like ad impressions and viewer engagement.
Deals with sponsors and brands
As your channel expands, you might draw sponsors and brands looking to work with you. They can give you products or pay you to include advertisements for their company in your videos. To keep your audience’s trust, sponsored content needs to be disclosed openly.
Memberships for your channel can be made available to your audience once you have at least 30,000 subscribers. Members receive special benefits like access to member-only live chats, badges, emojis, and exclusive content in exchange for a monthly fee.
Sales of Merchandise
You can produce and market products that are relevant to your channel. This can involve branded apparel, accessories, or other merchandise that appeals to your target market. You can set up your merchandise store with the help of websites like Spread shirt and Tee spring.
Websites like Patron enable your audience to directly support you by subscribing on a regular basis or making one-time donations. You can provide them with exclusive content, access to the creative process, or other benefits in exchange.
You can sign up for affiliate programs at businesses or online distribution channels that relate to your content. You can make money by promoting other people’s goods or services in your videos or video descriptions while also including special affiliate links. You get paid when viewers use your links to make purchases.
Speaking Engagements and Events
Expanding your YouTube channel may lead to speaking engagements, workshops, or appearances at events where you can charge a speaking fee and make money from ticket sales, merchandise sales, or both.