Youtube Monetization Methods 2023: How to Grow Your Channel?

YouTube stars are today’s self-made celebrities; They have gained an audience by creating video content on the web to teach, entertain, review and be awesome. youtube monetization While explaining their methods, we will look at how they follow together.

Making money on YouTube may not be your reason to start a channel, but it might interest you more once you realize how many earning opportunities there are. There are some creative ways to make money on YouTube.

Your audience can unlock the earning potential of your YouTube channel, as is often the case with Instagram influencers or bloggers, but what helps you make money is creating multiple income streams through side jobs or businesses.

YouTube Monetization Ways

Partner Program

The first model for anyone planning to publish a video is usually to earn from ads. That’s why you need to join the YouTube Partner Program.

Monetization Terms

The platform has some conditions. It does not include you in the Partner Program unless you complete them. In the past year:

• Have a legal guardian who can manage your payments, even if you are not over the age of 18
• 4000 hours of video watching
• 1000 subscribers

you must have acquired. If you only want to progress through Shorts videos, you need to reach 10 million views in the last 90 days.

However, it should not be forgotten that making money from advertisements as a YouTube Partner is far from being a lucrative income model.

Activating YouTube monetization:

• Sign in to the YouTube account you want to monetize
• Click on your icon in the upper right corner of your account
• Open YouTube Studio
• Select Monetization, which appears with a dollar sign in the left menu
• Read and accept the YouTuber Partner Program terms and eligibility conditions
• Create a new Google AdSense account or link an existing account to your channel
• Set your monetization preferences

Once this is done go back to the dashboard and click on the Analytics tab on the left. From there, you need to select Revenue from the tabs at the top and then navigate to the Monthly Estimated Income statement to get an idea of ​​your estimated YouTube revenue.

What is YouTube Premium?

YouTube Premium is a paid membership program that allows fans to watch and support their favorite creators ad-free. Not much changes for creators as they will get paid for content consumed by non-members on YouTube as well as content on YouTube Premium.

Creators are paid for YouTube Premium based on how much members watch their content. Think of revenue earned from YouTube Premium subscribers as a secondary revenue stream in addition to what you’re already earning from ads.

buy product or merchandise

There are many products for sale that can help you earn money through your YouTube channel. By presenting your online brand and personality to the offline world, the product increases your visibility and deepens the relationship between you and your fans as they literally “buy” what you’re making.

You can create various products such as clothes or glasses, mouse pads on your own behalf, and try to promote and sell them on your channel. Moreover, you do not need to make beautiful designs yourself. There are many freelancer portals on the Internet such as Fiverr.

You don’t even need to prepare and mail these products yourself. for example Basmatic After designing their own products, sites like these can undertake all costs such as printing and shipping and pay you a commission from their sales.

To support all these, you can create your own e-commerce site and earn passive income through printing etc. referrals. After all, it is a very untouched area and you will have the chance to start work almost unrivaled.

Think of all this as an ecosystem. While your channel supports your e-commerce site, your site will grow together by supporting your channel.

crowdfunding

Considering that you have gradually introduced yourself and put forward a successful project, now is the time to go one step further and start a new project or improve your equipment. You can even use it to improve your team. When the only thing standing between an idea and its implementation is money, crowdfunding is a good way to make it happen.

Crowdfunding platforms offered by the Capital Markets Board by browsing You can choose the one that offers you the most suitable conditions. There are also examples of forms to be filled in on the aforementioned site.

Rewards-Based Crowdfunding

A small gift such as a thank you letter or a t-shirt is given in return when the user supports your project.

Donation-Based Crowdfunding

As the name suggests, this is a donation system. You do not give anything in return for the support received. However, the donation amount you can receive is also lower.

Equity-Based Crowdfunding

In this type of funding, you can say that you are getting a partner for yourself. Funders are included as partners of the project at determined rates. You can also call it a kind of finding an investor.

License your content

If you’ve created an attractive, potentially viral video, it’s a good idea to license it. News programs, news sites, and other content creators can contact you about usage rights if your videos go viral. You can even list your videos in a marketplace where your content can be more easily found and purchased by the right people.

Work as an influencer representative of brands

Brands have been paying more attention to being able to do influencer marketing lately. For this reason, you can produce various sponsored content and help promote the brand’s products. However, at this point, it is necessary to be very careful because YouTube wants to see the phrase “Paid promotion” in the videos of such content producers. Otherwise, they can go as far as closing your account.

In terms of pricing, you need to set a number per view. For a video that will be watched 1000 times on average, you can set a figure between 10 cents and 30 cents (valid at the time the article is published) per view. As your viewing rates increase, it can reach higher numbers.

In addition, the more subscribers you have, the higher your chances of doing this type of work. By placing sponsored links in the video descriptions, it is possible to generate some more income from there.

However, you should not forget that in such sponsorships, you should be extremely transparent and not mislead your audience. The negative effect of the customer who is not satisfied with a product to be purchased with your suggestion can be much more adverse. In short, be frank with your audience.

How to get paid on YouTube?

The number of views you receive is not related to the revenue earned. If your video is viewed thousands of times but no one watches or clicks on the ad, you won’t make any money. This is because of YouTube’s billing criteria for advertisers: A viewer must click on an ad or watch the entire video ad (10, 15, or 30 seconds) before you can get paid.

• Advertise on your channel
• Offer channel subscriptions
• Offer channel subscriptions

How much do YouTubers earn?

As of January 2021, the top 5 YouTubers each have tens of millions of followers. Accounts include MrBeast, Jake Paul, Markiplier, Rhett and Link, and Unspeakable. These YouTubers earn more than $28.5 million a year through their channels. While their earnings are enormous, smaller accounts can still make a living on YouTube.

How to grow YouTube channel?

Know your audience well

Building your own audience puts you in a great position to monetize content in a variety of ways. However, only if you understand the nature of your target audience can you take full advantage of the opportunities you have.

For many YouTubers looking to make money, the more niche your channel, the better position you’ll be to work with brands that want to target specific audiences.

You should pay close attention to:

• Gender of your target audience to see if it leans towards a particular group
• The age range that most of your audience is in
• The geographic location where your videos are watched
• Your audience’s overall engagement or “watch time”

With this demographic information in your hand, you can better understand your own audience, grow your channel faster, and more easily explain how you can help them with this data when you go to brands. This information can be taken from your YouTube analytics, but to compare your own channel with others. Social Blade Try a tool like

Add a call to action

And don’t forget to add a call to action in your videos. Many YouTubers do not say, “Don’t forget to subscribe to my channel, if you like the video, comment and share” for nothing. If these messages suggest action you want them to take to increase your audience, your audience is more likely to take it.

Add timed YouTube cards at the right spots

This works just like the website. If you have more detailed content for your audience about the subject you are talking about, make sure to add a card to that point in your video. After all, if you enter and read this page, you are doing some research on Making Money from the Internet and we provide you with detailed information about this subject in our content.

In order to prepare the cards, you may want to think about them before making a preliminary preparation before shooting your video. In the end, it will increase both your views and your income.

Add links to your video descriptions

By adding links to your video descriptions, you can direct viewers to your store, your website, or other places to support you. After all, someone who starts watching will be curious about your other areas, and the income-oriented nature of these links can open another door to earning for you.

Promote your offer on other platforms

Just because your content is on YouTube doesn’t mean you shouldn’t take advantage of other channels. As a part of your ecosystem, make sure you have a place on social media channels and share all your new campaigns on platforms such as Twitter and Facebook. This will also be a factor for YouTube to highlight your video.

Conclusion

Now that you understand how to monetize your YouTube channel in general, all you have to do is take action. Focus your mind on creative content. Depending on the feedback from your target audience, guide yourself and make them feel that you are always with them. This will both improve you and allow them to enjoy the content you produce for them. Instead of advancing with a formulated system (like, reply to one message, etc.), aim more at being one of your audience.

Most importantly, learn to empathize. Think about how you feel when you watch a broadcaster’s video. Take the positive aspects of it and stay away from the negative aspects that bother you. Remember that the more you care about your job, the higher it will carry you.