How To Claim Money For Your Youtube Channel
If you want to make money on Youtube, you’ll find that it takes a hustle to get started, and there’s no guarantee it will pay off.
You might want to consider other ways to make money, especially ways to make money without a traditional job if you’re looking for a quick buck.
Nevertheless, if you’re already an avid video creator and willing to put in the extra effort, you might be able to make money on YouTube.
You should know these things.
Apply for YouTube Program
What is the Youtube Partner Program
In order to make money with the YouTube Partner Program, you must apply and be accepted.
The following requirements must be met in order to become a partner:
In the last 12 months, your videos must have more than 4,000 valid public watch hours and comply with the site’s advertising guidelines.
The area in which you live must be eligible.
A minimum of 1,000 subscribers is required.
It is necessary to link a Google AdSense account.
You can reach the viewing-hours threshold more easily if you have more videos. Investing time and effort into planning and producing entertaining, high-quality videos pays off.
Once you meet the requirements, you can apply by clicking on your profile and navigating to the “monetization” section.
As a partner, you can earn money through ads, membership perks, and features like Super Chat, which lets viewers pay to have their messages highlighted during a live stream.
Through the YouTube Partner program, you can also access the Creator Support team.
These team members can give you tips for using YouTube, guide you through copyright guidelines, help you troubleshoot issues with your account, and more.
Connect to AdSense
Google AdSense, Google’s advertising system, must be connected to your channel to qualify as a partner.
Based on factors like your audience, the topic of the video, and relevant keywords, advertisers bid for space on your videos using AdSense.
Generally, you’ll be paid based on the number of impressions (clicks or views) your videos receive.
Ads don’t display every time someone watches a video, though, so views don’t translate directly to money in the bank. Also, YouTube takes a cut of the ad revenue; it wouldn’t disclose that rate.
How much does YouTube pay you per view
Remember, you don’t get paid per video view. Rather, you’re paid for the times when someone watches or clicks on an ad shown on your video.
Influencer Marketing Hub says that while payment varies, the average YouTube channel can expect to make about $18 per 1,000 ad views. That translates to $3 to $5 per 1,000 video views.
How many views do you need to get paid on YouTube
So when do you start making money on YouTube? You’ll be paid once your balance reaches $100.
Say it takes approximately 1,000 video views to earn $4 from those viewers who saw ads. You would need 25,000 video views to make $100 through those ads.
If you have a small channel, you might get paid only every few months.
You may want to set aside some of that cash for taxes because Google, which issues AdSense payments, might not deduct your full tax obligation.
Check YouTube Premium
You can earn money on YouTube in more ways than just AdSense.
Alternatively, you can upload videos to YouTube Premium, which is the site’s ad-free subscription service. Based on how many times your videos are viewed, you will earn a portion of the revenue from membership fees.
Use Product Placement
Here’s another way to get paid on Youtube: Companies interested in your channel’s audience might sponsor your videos or offer you product placement deals in exchange for a shout-out. You’ll likely receive payments on a per-sale basis or in commission tiers.
Search on affiliate marketing sites such as ShareASale, ClickBank, and CJ Affiliate for possible corporate partners, and be sure you’re willing to vouch for the company and products you’re selling before signing up.
If you do have an endorsement or product placement in a video, you must notify YouTube by ticking the “video contains paid promotion” box in the advanced settings tab of your video manager.
If you have merchandise or offer a service that’s relevant to your audience, let them know about it and provide links in your videos.
For example, Ryan Kaji, star of the children’s YouTube channel Ryan’s World, sells toys, T-shirts, and other items.
Selling a physical product might require you to buy materials or find a manufacturer, but you can also sell downloadables such as e-books or art prints. Have a secure payment system in place before you advertise your goods.
Meet up Fans
Meetings and similar events allow YouTubers to connect with viewers and sell merchandise. These types of events are most suitable for active subscribers.
If your audience is small, you may want to forgo ticketed events and concentrate on merchandise instead.
Perhaps you could host a free class at a local park and sell your book afterward on drawing techniques if, for example, your videos teach viewers how to draw.
Turn to Crowdfund
Generally, there are two types of crowdfunding: recurring and project-based. Using recurring crowdfunding, contributors are able to contribute an amount on a schedule that suits them.
In order to turn an income stream into a substantial one, you’ll want to maximize this type of funding.
Viewers can be encouraged to register by providing incentives such as video chats, private classes, or merchandise.
A project-based crowdfunding campaign is the best way to raise money for a project that requires financial support. Utilize sites such as Indiegogo, Kickstarter, GoFundMe, or Patreon to start your campaign.