Beginner’s Guide on How to Make Money on YouTube

Do you think you can earn a good income through your baking tutorials, reviewing movies, or showing live gaming on BruceBet casino?

The shortest answer is yes!

If you are confident about your niche and are ready to know the long story about how to earn money on YT in a realistic sense, this article will guide you through it.

What You Need to Earn Money on YouTube

As a YouTuber, your chances of earning money on the world’s largest video-sharing platform are based on your audience engagement and eligibility for the YouTube Partner Program (YPP). 

It all starts with a good idea of how you will achieve these two milestones within a stipulated time. You can run traditional ads on your channel, offer tutorials and advisory videos, sell merchandise, or feature reviews — the options for creating videos are endless and limitless! However, YouTube’s monetization policies are based on revenue sharing, which is restrained by certain factors. The basic criteria to get into the YPP is that you have at least one of the following:

• 1,000 subscribers
• 4,000 valid public watch hours within a consistent time frame of 12 months
• 10 million valid public views of YT Shorts videos within a consistent timeframe of 90 days. 

The prime channels of income are through advertisements and YT Premium. You can be eligible to apply for the program once you have 500+ subscribers, over 3,000 valid public watch hours of videos, or 3 million valid public watch hours of YT shorts, and at least three public uploads within a span of 90 days.

Understanding the Eligibility Criteria to Qualify for the YouTube Partner Program

Not all creators can be paid YouTubers, though. This is because YT has a layout of policies and eligibility criteria and runs a standard review process to streamline channels and content that meet their policy guidelines. Some features may have additional eligibility criteria. YT reviewers follow a few parameters to qualify creators for the partner program, which include the following: 

• The main theme of videos 
• Nature of content that is mostly viewed 
• Consistency of the latest videos 
• The overall proportion of watch time
• Ad formats and customer engagement 
• Video metadata (including titles, thumbnails, and descriptions)

Youtubers are paid about 55% of the revenue that YT generates through their channel. In 2022, the average YT compensation rate in the US was about $1,154 per week or $4,616 per month. The table below lends a general overview of the payout structure that YT currently offers:

The YPP is currently going through an expansion plan, which will provide more benefits to creators along with earlier access to fan funding and shopping features. The payout rates tend to vary based on location and time, but the parameters to qualify for the YPP are quite clear. 

Practical Things to Consider When Monetizing YouTube 

Now that you have a general idea of how YouTube monetizing works and what the payout parameters are, it is about time you buckle up with the most effective strategy to make it work to your advantage. Below are some considerations: 

• Start your channel with a video stock. Consistency is a vital factor in qualifying for YPP, as are video quality and user engagement. As each video takes time to shoot and edit, without a stock in place, you might run into a gap, and in the hasty content creation, the quality might suffer. Having a stock right from the start sets you up for long-term consistency. 
• Engage in community building. Respond to your audience in the comment section, engage, and interact with them with sessions of live Q&A, contest events,  giveaways, tours, and so on. 
• Employ multiple social media platforms. Link your channel with Facebook, Instagram, LinkedIn, and other social media — and engage with audiences on a broader spectrum.
• Implement YouTube SEO. Use relevant keywords, attractive thumbnails, and compelling titles to improve search visibility and attract more viewers.
• Explore diversified revenue streams. This includes sponsorships, merchandise, Patreon, or affiliate marketing — to supplement ad revenue. 
• Adhere to Copyright Policies. Avoid using copyrighted material without permission to prevent demonetization or legal issues.

Always monitor your channel analytics, not only to see your progress but also to strategize your upcoming videos. The key data you should consider are audience demographics, most viewed content, and popular trends. Take these factors as connecting dots and use them to create original and influential content that attracts a loyal audience that subscribes to your channel and waits for more, with notifications buttons, bell icons, etc.

Make a Steady Income From Creating YouTube Videos 

Your first quest to reach an income-generating level as a content creator on YouTube is to get into the YPP. Your first target should be to get 1,000 subscribers. On average, it takes about 15 to 16 months when you start from scratch. But it varies for different channels and types of content. You must keep educating yourself about how to improve the overall experience of your content. And keep improving with every new upload. 

While it is important to maintain the visual quality of your videos, you don’t always need a whole lot of fancy equipment or video editing software. However, it is very important to choose a strong topic or theme that can particularly engage and influence an organic audience. So buckle up to arrange for the prerequisites before plunging in, and don’t leave it midway if you fail to accomplish a certain goal. At the end of the day, you are going to need tons of patience, resilience, and perhaps a purpose. All the best! 

ABOUT THE AUTHOR

Nurlana Alasgarli           

Content Specialist

Nurlana Alasgarli is a professional copywriter with more than 6 years of creative writing experience. Having lived and experienced all over the world, there are many writing genres that Nurlana follows, including adventure, outdoor and winter sports. Nurlana brings life to content creation, captivating her readers.