10 Workable Ways to Make Money with YouTube 2024

10 Workable Ways to Make Money with YouTube

1. Join the YouTube Partner Program

To start earning from your videos, the first step is to apply for the YouTube Partner Program (YPP). This program allows creators to earn money through ads, channel memberships, and Super Chats. However, YouTube requires you to meet certain thresholds:

• Ensure you have at least 1,000 subscribers and 4,000 watch hours in the past 12 months.
• Go to YouTube Studio, click on "Monetization," and follow the prompts to apply.
• Set up an AdSense account to receive payments.
• After approval, configure your monetization settings and enable ads on your videos.

Tip: Focus on creating high-quality content that engages viewers to increase your chances of meeting the eligibility criteria.

2. Ad Revenue from Videos

Once you join the YouTube Partner Program, you can start making money from ads on your videos. Basically, when people watch your videos, YouTube shows ads, and you earn cash based on how many views and clicks those ads get. For example, when you create long-form videos and enable ads, YouTube will display a mix of pre-roll and post-roll ads to your viewers. Some of these ads might be skippable, while others won't be. You don't have control over which specific ads play before or after your videos, but if your video is eight minutes or longer, you can add ads in the middle too.

To see how much money you're making from ads, just go to the Revenue tab in your YouTube Studio. You'll find a breakdown of your earnings there, including an estimate of how much you're making each month from your monetized videos. It's super handy for figuring out which of your content is doing well and bringing in some cash!

3. Affiliate Marketing

Affiliate marketing is basically just recommending stuff to your audience through special links. When someone clicks on your link and buys something, you get a commission—pretty cool, right?

It's an easy way to make money while sharing products that fit with your channel. Megan Rhiannon, for example, posted a video titled "How I Use My Notebooks (Update!) | Hobonichi Weeks, Commonplace," where she shared some useful ways to utilize these notebooks. Under the video, she added affiliate links to these notebooks, making it super easy for viewers to check them out.

The important thing here? The notebooks aren't the main focus—her video is more about sharing her methods for using the notebooks than just selling them. The notebooks naturally fit into the video, which makes it easier for viewers to connect with her content.

4. Sponsorships

Sponsorships are one of the best ways for YouTubers to make money. As your channel grows, brands will start to notice how much influence you have over your audience, and they'll want to team up with you to promote their products or services. If you play your cards right, sponsorships can become a reliable and significant source of income.

The more subscribers you have, the better your chances of landing big sponsorship deals with well-known brands, which can seriously boost your income. For instance, Marques Brownlee (MKBHD), who has over 19 million subscribers, has partnered with massive companies like Tesla, Google, and Samsung. Reports suggest that these kinds of tech sponsorships can pay anywhere from $10,000 to $100,000 per video, depending on the size of the brand and audience.

When you land a sponsorship, being transparent with your audience is key. Make sure to use tags like #ad or #sponsored to clearly indicate the partnership. This not only follows advertising guidelines but also shows your audience that you're honest and upfront. Being transparent can boost their trust and respect for your content.

In the example above, this YouTuber introduced his sponsorship with Cash App at the start and finish of his video. He also makes sure to mention it in the video description.

5. Merchandise Sales

Selling your own merchandise can create an additional income stream while promoting your brand. This method works especially well if you have a loyal fan base excited to buy unique products related to your channel. Many creators use print-on-demand services to create and sell products without having to worry about keeping inventory.

Steps:

• Design products that resonate with your audience: Think about T-shirts, hoodies, mugs, or stickers featuring inside jokes, catchphrases, or logos that your followers will love.
• Use print-on-demand platforms: Services like Teespring, Printify, or Merch by Amazon allow you to create, sell, and ship products without having to handle the logistics.
• Promote your merch in videos: Don't forget to showcase your merchandise in your content and include links in the description. Platforms like YouTube make it easy to display your products directly on your channel.
• Create urgency: Offering limited-time designs or exclusive merch can help drive sales by encouraging viewers to act quickly.

If you're curious about how people sell their products on YouTube, take a look at Rose Anvil. He's a YouTuber known for his sneaker reviews and tutorials that show off shoe craftsmanship and customization in a fun and relatable way. You can see how he makes money by selling his own merchandise.

6. YouTube Premium Revenue

YouTube Premium is a subscription service that lets users enjoy an ad-free viewing experience and access exclusive content. Your earnings from YouTube Premium depend on how much time users spend watching your videos. If viewers love your content and spend more time on it, you'll earn more.

Curious about how much you're making? You can check your earnings by going to the "Revenue" section in YouTube Studio. There, you'll find detailed analytics showing your income from both video ads and Premium subscriptions. This helps you understand your performance and tweak your content strategy.

7. Crowdfunding

Crowdfunding platforms like Patreon allow fans to support your channel financially. In exchange, you can offer exclusive content or rewards.

To make the most of crowdfunding, it's super important to be clear about your goals. Let your supporters know what you're working on and how you plan to use the funds. Keeping them updated and showing how their contributions make a difference can help build trust and encourage them to stick around. Many creators find that being open about their journey fosters a real sense of community around their work.

Crowdfunding gives creators the chance to chase their passion projects while letting fans play an active role in the content they love. It's a win-win for everyone involved!

8. Super Chat and Super Stickers

Super Chat and Super Stickers let viewers support their favorite creators during live streams by sending paid messages and fun stickers, so make sure to enable these features in your YouTube settings under the monetization section.

9. YouTube Shorts Monetization

As short video platforms like TikTok gain popularity, YouTube has jumped on the bandwagon with Shorts—quick videos up to 60 seconds long. This format allows creators to engage their audiences in a fun, fast-paced way while also opening up unique money-making opportunities.

If your Short goes viral and racks up millions of views, you could earn a nice chunk of change, even with lower CPMs.

10. Monetize Your Content Through Licensing

If you've created a standout video—maybe something funny or timely—there's a good chance that media outlets or other platforms will want to feature it.

By licensing your content, you allow these entities to utilize your work for a fee. This not only generates revenue from videos you've already made but also extends your audience reach far beyond your own channel.

You can either reach out to media companies yourself or wait for them to come knocking. Plus, think about listing your videos on sites like Jukin Media, where news stations and online publishers can easily find and buy the rights to your content.

How AdsPower Can Help Make More Money with YouTube?

Imagine you're a YouTuber with a solid following and the potential to earn money, but YouTube restrictions prevent you from having multiple accounts to maximize your earnings. Isn't that incredibly frustrating?

No worries—AdsPower can help you maximize your YouTube earnings! With this tool, you can create and manage multiple YouTube accounts on the same device without them being linked, so they won't get flagged or banned. This is because AdsPower sets up a separate profile for each browser, making it super easy to monetize through all your accounts seamlessly.

Additionally, AdsPower offers the Synchronizer feature-enables users to replicate actions performed in one profile to others simultaneously, resulting in significant time savings.

Plus, there's a fantastic feature called RPA that automates mundane tasks for you. It can mimic a real user by liking your videos and engaging with your content. You can select from a variety of pre-existing RPA workflow templates in the Marketplace, such as "Watch YouTube Video," or create your own custom scripts to achieve your specific goals, all for free.

So why not check it out? Sign up today and grab your free trial with AdsPower!

FAQs

Does a YouTube video with copyrighted content make money?

Generally, videos featuring copyrighted content cannot be monetized unless you own the rights or have permission. Using copyrighted material without authorization can lead to demonetization.

How to make money with YouTube Shorts?

Focus on creating engaging, trending Shorts. Join the YPP to monetize, and consider leveraging popular music and hashtags to boost visibility.

Can I earn money on YouTube without creating videos?

Yes, you can earn money by watching videos on YouTube through platforms that pay you for viewing content.