How to Make Money on Youtube | Complete Guidance and Tips

In this day and age, searching for employment may not be the only way to earn money. You can with a little effort earn money online through YouTube.

I will explain how you can make money on YouTube. Of course, nothing comes easy. It requires a bit of creativity, knowledge of how YouTube monetization works.

Make a YouTube Channel

To make a YouTube channel, you require to:

1. Sign-in your account on YouTube.
2. Click on the icon at the top right, then click on the “My Channel” option.
3. Give a unique name to your channel and click on “Create Channel”

Now you have your own channel, you can now customize it and start uploading your videos.

First, click on customize channel:

You can change your profile picture and add channel art by clicking on them, give your YouTube channel an identity.

Verify Your YouTube Channel

The next step for making money on YouTube is to get your channel verified. Channel verification is easy.

The main thing to note here is that you can verify up to 2 accounts with a single phone number, per year.

To verify your YouTube channel:

1. Click on the icon on the top right on YouTube, then click on Creator Studio.
2. From there, click “Channel” on the left then click on “Verify” below your channel name.
3. You would be asked to identify your country and your phone number to send a verification code through a Call/Text message. Enter your phone number in the text field then click submit.

 

Find a Niche for YouTube

The next step is to realize the kind of videos you’ll make for your channel. There are many niches or topics you can make a video about. The relaxed way to get started is to take this: YouTube Creator’s course.

Create by YouTube itself, the course helps you realize what niche you should choose and what kind of viewers you can handle.

There are many different types of niches for YouTube videos. These niches, in particular, stand out among others:

• Unboxing/Unwrapping
• Vlogging
• Let’s play/Gaming videos
• Recipe/Food
• Makeup
• Tech Reviews
• Tutorials/How to’s
• Challenge Videos
• Travel

One of the ways you can realize a possible niche for your YouTube channel is by heading to the Trending section and seeing what kind of videos are present there.

You will observe that most of them fall into the categories listed above with some off-shoots here and there.

The above-mentioned niches get the most views on YouTube.if you are looking for a certain niche, these should be your progress to options.

If your video ends up on the Trending page, you can get guaranteed views and publicity for your channel as well.

Market Your Youtube Channel

It is difficult to find the right video on YouTube because over 300 hours of video uploaded every minute.

In this part of the guide, we will define how to promote your YouTube channel. This will help you achieve more viewers and subscribers and give your channel promotion.

YouTube also has a supportive course on how to properly publicize your YouTube channel. It contains information about how you can ads for your channel to advertise elsewhere. You can find the course here

Here’s how you can promote your YouTube channel.

1. Give your videos alluring(attractive) titles.
2. Add custom thumbnails that viewers would click on.
3. Attract your viewers through giveaways, competition, etc.
4. Use the most demanding search keywords from Google.
5. Promote your channel by publicizing it on your blog, social media, etc.
6. Motivate and allow people to embed your videos.
7. Create a monthly/weekly/daily series.

General Advice

Shorter videos are more likely to get views, but you will be paid more if you have a longer video with a similar amount of views.

You should also learn from your competition and struggle to be unique. Being creative helps make your channel stand out. The channels like “Poppy” gain a faithful following despite being strange because it’s unique.

 

Monetize Your YouTube Channel

YouTube Monetization Policy 

YouTube’s monetization policy modified this year following controversies with a number of YouTubers and different issues.

The new criteria mean that you need to have a minimum of 1000 subscribers on your channel and should have at least 4,000 hours of watch time within the last 12 months.

Enable Monetization on Your Channel

First, you need to qualify monetization on your channel. Here’s how you can do it:

1. Sign in to your YouTube account.
2. Click on the icon at the highest right and click on “Creator Studio”.
3. Click on Channel within the menu on the left, and then click on “Enable” under Monetisation
4. You’ll be redirected to the current page, which shows you how to qualify for monetization. Read the “YouTube Partner Program Terms” to start.
5. After you’re done reading the terms, you will need to create an AdSense account. If you have already got an account, you can skip this step. A complete orientation on how to sign up for an Adsense account is available below.
6. Set your monetization preferences, you will need to tell Google about the type of ads you want to run on your videos.
7. Your channel will be reviewed after you reach the 4000 watch hour and 1000 subscriber threshold. This sometimes takes a week.
8. You’re ready to make some money from YouTube!

 

Sign up for an AdSense Account

To start earning cash from YouTube, you will need to have a Google AdSense account. This will enable ads on your selected YouTube video content, let you earn money for them.

It often depends on the number of views you have on videos and their gross engagement. Not all of your videos will have ads visible on them and the type of ads that are enabled for your videos also has an impact on how much money you can earn.

How Does YouTube Pay You

YouTube judge how much you get paid for the content of your video through “Cost Per Impression” or CPI. Whenever somebody watches an Ad on your video, your CPI increases. Your CPI usually increases every 1,000 views you get on your video.

 Earn Money from YouTube Without AdSense

AdSense give you $1 per 1,000 views. This means you not only have to make videos regularly, the payment you get for them is also low (unless you have a large subscriber base).

The most popular method of earning money without AdSense on YouTube is Affiliate Marketing.

What this means is that organizations or people ask you to market their product in your videos for a certain amount of money. Some may ask you to add a link to their products or services in your video description. This is one of the simplest ways to earn money on YouTube, provided your channel has a decent amount of audience.

Annotation leasing is another way of earning cash without AdSense. Certain companies or entities may ask you to put up annotations for their videos or products on your videos.

Annotations are small transparent boxes on the video that redirect you to another link when you click on them.

Annotations usually sell for $150 – $500 a month, and may not be associated with your niche.

You can also sell your own products or services through your YouTube channel. In this case, your channel is additional of a promotional tool and doesn’t directly result in cash.

Some YouTubers also run a consulting business that once more just like the previous method, is more of a tool to expand your reach and not for directly earning money. This works if your niche is related to self-help, tech companies reviews, and guides, etc.

 

Getting The Play Buttons

Although not related to making money on YouTube, the Play buttons are something you can wish towards. The buttons serve as physical identity by YouTube and are given to maker when they reach certain milestones:

• Silver Play Button: Channels that cross 100,000(1 lakh) subscribers get a silver button. 
• Gold Play Button: This button is for when a channel crosses 1,000,000 (1 million) subscribers. This one is formed of gold plated brass
• Diamond Play Button: This is the big one. Channels that cross 10,000,000 (10 million) subscribers are empowered to receive the diamond play button. It's made from silver with a large clear crystal in the shape of a triangle play button in the middle.
• Ruby Play Button: Given to one of the famous YouTubers, PewDiePie, as a gift for level crossing 50,000,000 (50 million) subscribers. It was shaped as a “brofist”, that is his channel’s logo. There were also several other little gifts for subscribers that had been with the channel for the longest. 

CPI itself is determined based on several algorithms and other factors like the types of ads displayed on your video, ad prices, the channel’s target audience, and popularity, etc. It usually ranges from a few cents to as much as $10. On average you earn around $1-$2 per 1,000 views.

After Monetization has been enabled and your channel has been related to your AdSense account, you will begin receiving money. When your balance exceeds the cash threshold ($100), you will be paid by AdSense.

There are five ways to receive payments from AdSense:

1. Electronic Funds Transfer (EFT)
2. Check
3. Western Union Quick Cash
4. Wire Transfer
5. Rapida

You will receive payments on a monthly basis, with your approximate earnings for the previous month tallied under the “Transactions” page on AdSense.