YouTube Money – How to Earn Money on YouTube
Want to earn some YouTube Money? Well this article tells you how!
There is a lot of potential to make good sums of money on YouTube, and creating videos can also be a lot of fun. You do need a bit of creativity but making money on YouTube is a fairly simple process.
If you think that making money on YouTube is something that you want to have a go at, the following guide can help.
How Much Money Can You Make From YouTube?
While it is possible to make good money from YouTube, it is probably not going to make you a millionaire.
You may be lucky and have one video that goes viral but you are more likely to make money if you have followers who watch your videos on a regular basis. This means that you need to be uploading new content fairly often.
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YouTube say that 1000 views will make you around $1.50 when you are just getting started. The current exchange rate means people in the UK will receive around £1.10 for every 1000 views. If your channel were to become more popular, then you could earn around £7 per 1000 views.
Some YouTubers also release their own merchandise which can also increase the amount of money they make. They also sign advertising contracts where they will feature a product in one of their videos. These contracts can be worth several thousand pounds, and the price will increase if the same product is advertised across all of their social media channels.
How Does The YouTube Partner Programme Work?
The YouTube Partner Programme gives creators the chance to monetise their content on YouTube. Income can come from a number of sources including:
Adverts which will be shown in your videos
Your content being watched by YouTube Premium subscribers
Fees paid by subscribers to become a member of a channel
Fees paid by subscribers in Super Chat to boost the visibility of their comments
There is criteria that you need to meet in order to be able to apply for the partner program. You will need to have more than 1000 subscribers and your videos will need to have been watched for more than 4000 hours in the last twelve months.
If you are accepted into the YPP, then you will also need to sign up for a Google AdSense account if you do not already have one. You can choose the type of ads you show in your videos so you select the type that you think will most appeal to your viewers.