10 Tips on How to Monetize Your YouTube Channel
It is a wildly well-known video-sharing platform that is a hit with both amateurs and professionals alike. It’s also an excellent method of earning money when you’re able to navigate through it. If you’ve ever thought about how to make money from YouTube for your own purposes, You’ve come to the right location!
This article focuses on the lucrative area of YouTube monetization. It includes suggestions and definitions of YouTube monetization, the relevant guidelines, and what to do if rejected.
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Let’s begin with the fundamental definition.
What is YouTube Monetization?
YouTube monetization refers to the ability to earn money from your YouTube videos. If you’re looking to be eligible for the monetization program offered by YouTube, you must have at least 1,000 viewers on your page and at least 4,000 hours of watching in the past year. We’ll discuss the requirements more in-depth in the future.
The 7 YouTube Monetization Rules
If you want to increase your YouTube content’s value, begin by adhering to these seven rules for monetization.
Set up your own AdSense Account. This is a crucial beginning requirement, so you need to take it out of the way before. AdSense is Google’s internal ad platform, which promotes and sells advertising space through different channels. Yes, it also includes YouTube. Join that account with the account you have on your YouTube account.
Learn about the YouTube Partner Program Requirements: The next step is joining the YouTube Partner Program or YPP. Membership grants access to various products, like the shelves for merchandise, along with channels and memberships. Here are the conditions that you must satisfy before YouTube even considers you to be eligible for YPP membership:
YouTube Partner Program Requirements
- Make sure you’re adhering to YouTube’s policies on monetization.
- Your users must have viewed your content for at least 4,000 hours during the past 12 months.
- It is recommended that you have at minimum 1,000 subscribers
- You will require a linked AdSense account
- You have to be in a location where the YPP is accessible
- Your channel is not a community guideline that would be a reason to strike it
- You’re adhering to YouTube’s policies on monetization
There is an additional layer of protection with two-step verification of the Google account associated with your YouTube channel.
Allow YouTube Monetization After your application has been approved, you can open the YouTube Studio, select “Enable Monetization,” and follow the steps.
Be sure to follow The YouTube Rules on Monetization: There are various rules to be followed, and your channel will be scrutinized to ensure you’re following the rules. These rules include the following:
- Google AdSense policies
- Community Guidelines
- Copyright
- Monetization policies
- YouTube’s Terms of Service
Stay With Copyright Laws – Copyrights are a serious matter. You should consider making use of Lickd to add great songs to the videos you make.
Things to Avoid if You’re Looking to make money from YouTube Content Effectively. Avoid these traps, and you could turn prospective advertisers away:
Controversies and false or misleading statements that are false or misleading. Freedom of speech is a right we enjoy, but that freedom is also a responsibility. For instance, you could be slapped with a fine for deliberately making a stir with false or inflammatory words.
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Extremely Negative Language.
Some swear words won’t land the ball rolling, but as with the rating system for movies, obscenities can get you flagged.
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False Thumbnail Previews.
If your video concerns cleaning an assault rifle, and the thumbnail image depicts an adorable kitten in a basket, the video may be removed for having misleading content.
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Content That is Shocking or Unnecessary.
While this shouldn’t be a problem, advertisers are cautious of being associated with content that isn’t their liking, particularly if there seems to be no rationale behind it.
Other tips to make money on YouTube: Last but not least, look beyond your current horizons and think about these other ways to make money on YouTube:
- Merchandising. People love Tchotchkes (e.g. T-shirts or mugs, hoodies, ball caps, keychains)
- Clicks on affiliate links: Sign up for an affiliate program to earn referral commissions.
- Sell your rights to your video. Other brands could be interested in acquiring your videos to them for monetization!
- Make sure you have a fan base. Utilize platforms such as Patreon to give your customers additional features and perks in exchange for their financial donations.
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YouTube Channel Monetization Policies
Let’s look at two key aspects of YouTube’s policies regarding monetization. We’ve covered a few of these ideas earlier.
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Applying to the YPP (YouTube Partner Program)
It can take YouTube approximately 1 month, or possibly more, for them to review the membership application and agree. YouTube will review these requirements in the process of submitting your application:
- The main theme
- The most watched videos
- Latest videos
- Most watched time
- The metadata of the video (e.g. titles, thumbnails, descriptions, etc.))
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Avoiding Copyright and Monetization Mistakes on YouTube.
As we mentioned earlier, copyright infringement can be a serious violation on YouTube. So, it is recommended that you upload only content you’ve made or are authorized to make. Additionally, copyright covers music and audio tracks, videos that other users create, and copyrighted works. The consequences of violating policy include:
- Account suspension or termination
- Eliminating all ads from your videos
- Suspended from the YPP
10 Ways to Monetize on
Finally, here are the best ten ways to manage YouTube revenue monetization:
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YouTube Ads:
This is the simplest, most basic, and most widely-used way to earn money. The ads are displayed in the background or at the end of a video, and you can control their placement using various YouTube ad formats.
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Affiliates:
Have you watched a video in which the host offers you an online link to a business’s website and thinks about buying their products or services? It’s an affiliate programme. You receive a commission on every successful purchase.
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YouTube Premium:
It is a subscription-based service for users to download videos and enjoy ad-free content. It is a good thing that you can still earn cash for your video under the subscription service since subscription payments are paid to creators of videos, just like ad revenue payments. The time Premium members determine the amount of money watch your videos.
Channel membership includes paying a monthly fee in exchange for exclusive benefits such as exclusive videos, live chats, and discounts.
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Patronage:
We spoke about this suggestion earlier. You might consider a third-party service like Patreon to allow customers to patronize your channel for exclusive goods. In terms of gifts:
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Retail:
Here’s another strategy we’ve discussed previously. Many merchant platforms are supported now, ready to assist you in marketing your products to your followers.
Paid sponsorships strategy involves negotiating with a business or firm to support your content in exchange for the video, showing, or discussing its products or offerings in the video.
Super Features like Super Features like Chat Super Stickers and Super Thanks “super” features come in three forms, each of which is featured in chat messages displayed on YouTube stream live.
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Super Chat:
The feature emphasizes your chat messages above the other chats.
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Super Thank You:
This feature lets users show some love to their most loved creators. Users can leave a prominent comment on the chat and the option of an animated GIF for a small cost.
YouTube Shorts Fund $100 million fund is earmarked to creators of shorts, provided they meet the required criteria.
YouTube BrandConnect The service is currently available in the United States, United Kingdom and Canada and connects brands to YouTube creators to create advertising campaigns based on content.
You will also receive feedback on what needs to change and the best time to implement the changes and receive that desired YPP membership!