Ways to Make Money from Video on YouTube
Monetizing your YouTube channel is a significant milestone for creators, offering the potential to turn a hobby into a side hustle, a full-time job, or even a business selling products. The primary method to achieve this is through the YouTube Partner Program (YPP), which allows you to earn money from video advertisements.
Join the YouTube Partner Program
- What is YPP?
YPP is YouTube Partner Program. Joining the YPP is a major upgrade for your channel, enabling you to monetize your community and earn revenue from ads. YouTube pays creators through Google AdSense, where you earn money when viewers watch or click ads within your videos. This revenue is then split, with 55% going to you and 45% to YouTube.
- Requirements for YPP Videos
Before joining the YPP, you need to meet certain criteria.
For fan funding features like Super Chats, channel memberships, and more:
(1) 500 subscribers
(2) Three public uploads in the last 90 days
(3) 3,000 public watch hours in the previous 12 months or 3 million public YouTube Shorts views in the last 90 days.
For video advertisement monetization:
(1) 1,000 subscribers
(2) 4,000 hours of public watch time within 12 months or 10 million public YouTube Shorts views within 90 days.
So, once you meet these criteria, how do you apply for YPP?
- Applying to YPP
After meeting the requirements, you can apply to the YPP via the YouTube Studio's "Earn" page, which tracks your watch time and subscriber count. If rejected, you can appeal within 21 days and reapply after 30 days. A second rejection requires a 90-day wait before reapplying. Use this time to address any issues, such as copyright claims or guideline violations.
- Monetization from YPP
With successfully applying to YPP, it's time to make real money from it. It's best to wait a few hours after uploading to ensure YouTube processes your content and identifies any issues that could demonetize the video, like extreme profanity or copyright claims.
If everything goes smoothly, you can enable ads on a YouTube video and make money. Here are some steps for adding ads:
(1) Go to YouTube Studio.
(2) Click "Content" in the left navigation bar.
(3) Select the video you want to monetize.
(4) Click "Monetization" in the left menu.
(5) Choose which ads to display.
(6) Click "Save."
Not all videos will show ads, even if monetized. Aim to create PG to PG-13 content to maximize ad display.
YouTube AdSense is beneficial, but it’s not a reliable form of income for creators. Advertisement rates go up and down, so it’s hard to make the same amount of money each year with video ads. That’s why it pays to understand CPM rates.
CPM (cost per mille) refers to the amount of money advertisers pay per 1,000 video views on YouTube. The rates vary depend on your channel’s niche, audience demographics, and more.
If you're aiming to earn a stable income on YouTube, following are additional ways to monetize your videos.
Sponsorship Deals
Sponsorships involve featuring products or services in your videos. You don't need 1,000 subscribers to start; consistent views and a solid video portfolio are more important. Creators can earn between $100 and $4,000 per sponsored video.
YouTube Fan Funding
With 500 subscribers and 3,000 watch hours, you can unlock fan funding features:
- channel Memberships: Offer exclusive perks like loyalty badges and private streams.
- Super Chats and Super Thanks: Allow viewers to donate during live streams or buy digital goods to show appreciation.
YouTube Shorts
Creators can now monetize YouTube Shorts through the YPP. Requirements include 1,000 subscribers and 10 million Shorts views in the last 90 days or 4,000 watch hours on long-form videos. Revenue is shared among creators, music publishers, and YouTube, with creators keeping 45% after accounting for music usage.
Monetizing your YouTube channel can unlock numerous opportunities, making it a rewarding endeavor for dedicated creators.
YouTube Affiliate Marketing
Affiliate marketing involves promoting product links and earning commissions on sales. Start with programs like Amazon Associates, which offers custom links for various products. Add these links to your video descriptions to earn commissions.
These are the key ways to make money on YouTube. With these methods, we can turn YouTube into a source of income. Now, wondering how to start livestreaming on YouTube? If you're still confused, just follow our steps.
How to Live Stream on YouTube
If you want to live stream on YouTube, here are the steps to get you there:
Identifying your niche
Finding your niche in streaming involves asking yourself key questions:
What content do I enjoy creating?
What are my strengths?
What makes me unique as a streamer?
It's okay if these answers aren't immediate.
Align your niche with your passions—it makes your content more enjoyable for both you and your audience. Research other streamers to spot gaps or unique angles, then start creating and refining based on viewer feedback.
Your niche isn't about being different for the sake of it—it's about offering unique value that builds a loyal community.
After clarifying your positioning, the next step is to choose excellent weapons for your livestreaming battlefield.
Preparing Your Live Streaming Setups
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Equipment
When setting up for live streaming, choosing the right camera is key to delivering top-notch content. You'll want a camera with sharp resolution—like 1080p or even 4K—for clear visuals, especially if you're streaming in varying lighting conditions. Larger sensors are great because they capture more light, ensuring your video looks good even in dim settings.
Look for cameras with flexible lens options too—wide-angle for capturing big scenes or telephoto for close-ups. Features like reliable auto-focus and image stabilization keep your stream smooth and professional throughout.
For instance, the NearStream VM33 camera. It's packed with advanced tech and connects easily to popular streaming software, giving you sharp, stable video that keeps your audience engaged. By picking a camera that ticks all these boxes, you'll elevate the quality of your live streams and keep your viewers coming back for more.
If you want to learn more about VM33,check this videohttps://www.youtube.com/watch?v=ZGmVSdJLNNM
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Software
Choose the right software to manage your streams. Popular options include OBS Studio, Streamlabs OBS, and XSplit. These programs help you control various aspects of your stream, such as overlays, alerts, and transitions. Familiarize yourself with your chosen software’s features and settings to optimize your streaming experience.
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Network and Internet
A stable and fast internet connection is non-negotiable for live streaming. Ensure you have a high-speed internet plan with sufficient upload speed.
Wired connections are generally more reliable than Wi-Fi, so connect your computer directly to your router with an Ethernet cable if possible. Regularly test your internet speed to avoid disruptions during your stream.
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Select Live Streaming Platform
Decide which platform you’ll use to stream your content. Popular options include Twitch, YouTube Live, Facebook Live, and Mixer.
Each platform has its own set of features and audience, so choose one that aligns with your content and goals. Take the time to learn about the platform’s community guidelines and best practices to ensure a smooth streaming experience.
Creating a Scheduled Live Streaming YouTube Channel
Once setting up your streaming gear, you have to stream regularly and plan a solid schedule. Consistency is crucial for growing your audience.
Imagine your favorite streamer disappearing for a while. You wouldn’t like it, right? That’s why you need to maintain a regular streaming schedule. Inform your viewers when you’ll be live and stick to it as much as possible. If you need to cancel, let them know early.
Top streamers like xQC set consistent schedules to keep their followers engaged. By being reliable, you can build a loyal viewer base and keep your audience excited for your streams.
ref: Live Demo: Team and Room Schedule
Conclusion
There are plenty of ways to make money on YouTube, and live streaming equipment and software are so advanced. Once you've got those basics down, you'll be ready to start streaming effortlessly.
Don’t be afraid to start streaming even if you think you’re late to the game. The streaming world is always evolving, but there’s always room for more unique and engaging streamers. So why not you? Let’s turn your dream of live streaming into a reality!
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