How to Make Money on YouTube for Free?
How to Make Money on YouTube for Free? |
Have you ever wondered about the possibility of turning your creativity and passion into a sustainable source of income? No doubt, you have considered using YouTube, the most famous platform that offers tremendous opportunities for content creators to turn their passion into profitable projects. Millions of people watch YouTube videos daily, making it a popular source of income. Therefore, today we will teach you how to make money from YouTube.
But the question is, how can you start your journey on YouTube and earn some income from your passion? While creating a YouTube channel is simple, turning it into a steady source of income is not easy. You might earn your first hundred dollars by selling something or getting a sponsorship deal, but maximizing profits requires understanding all the available options before diving in.
The Best Ways to Make Money on YouTube:
In this article, we will guide you through all the information you need to know to make money on YouTube. We will also provide you with the most important tips and tricks to help you achieve this goal and start earning from YouTube. Let's get started!
1. Join the YouTube Partner Program:
If you want to make money from YouTube, it is essential to be familiar with the YouTube Partner Program and how it works. Content creators on YouTube will not be able to monetize any of their videos until they are accepted into the YouTube Partner Program.
When your YouTube channel reaches 500 subscribers and at least 3000 watch hours, it will be reviewed for inclusion in the partner program. This means you won’t be able to generate any revenue until you reach these numbers, so it’s crucial to keep creating content and increasing your channel’s reach to the audience. Once you meet these requirements, you can apply to join the YouTube Partner Program and start monetizing.
To join this program, you can follow these steps:
- Sign in to the YouTube account you intend to monetize.
- Click on your account icon in the top right corner, then click on YouTube Studio.
- From the left-hand menu, select Other Features and then Monetization.
- Review the terms of the Partner Program and click "Agree."
- Link your existing AdSense account or create a new one for your channel.
- Set your monetization preferences.
After taking these steps, open the tab named "Analytics" on the left. On the next screen, select Revenue from the top, then scroll down until you see the Estimated Monthly Revenue chart. This graph will give you an idea of your expected monthly earnings.
Does the number of views relate to how much money you can make on YouTube?
The number of views your videos get does not directly affect your earnings within the YouTube Partner Program. If you receive thousands of views, but no one clicks on your ads, you won't make any money. YouTube also has standards for paying publishers who display ads on their channels; viewers must click on the ad or watch it in its entirety for them to earn money.
However, there is good news for those just starting their journey to making money on YouTube. Revenue generation is no longer solely dependent on ads. There are now features like YouTube Premium that help you earn money without viewers clicking on ads, which brings us to the second method.
2. Enroll Your Channel in YouTube Premium:
How can you make money on YouTube without relying on ads? YouTube Premium is the solution.
Simply put, YouTube Premium is a paid membership service that allows people to watch ad-free videos. Content creators don't have to do anything extra, as they automatically get a second revenue stream when YouTube Premium members play their videos.
As with YouTube's ad-based revenue rules, most of the revenue from premium membership fees goes to content creators. The total revenue distribution depends on the number of premium members watching your content. Premium members also have the option to download your videos, play them in the background, and watch them offline, which contributes to increased watch time and consequently more earnings.
3. Offer Channel Memberships to Subscribers:
You can earn additional income on YouTube by offering premium memberships to your channel subscribers for a fee. As the channel owner, you have the freedom to set the monthly membership fee, which can range from a few dollars to a higher amount depending on the value you provide to your members.
In other words, you offer your followers the opportunity to pay a monthly fee for a premium membership that includes perks such as early access to videos, members-only live chats, exclusive emojis, and more. Additionally, members will be highlighted in comments and live chat through special badges exclusive to members.
Suppose the content is truly engaging, and given that the audience is well aware that it's difficult to get the attention of content creators on YouTube or interact with them directly. In that case, some may be willing to pay for easier access to the creator.
As the number of subscribing members increases, these recurring monthly payments can become a steady source of income, adding to your total earnings. This can be especially beneficial for content creators who may face fluctuations in ad revenue or seek to diversify their monetization strategies.
However, to take advantage of this feature, your YouTube channel must first have over 30,000 subscribers. Remember to use your videos to remind viewers that they can become exclusive members by clicking the "Join" button on your channel, thus enabling you to make money from YouTube.
4. Affiliate Marketing Through Your Channel:
Affiliate marketing is one of the ways to make money on YouTube. It refers to earning a commission by promoting a product or service offered by another brand. Companies are well aware of the potential that YouTube channels with a large following have, and they always seek to leverage this to grow their businesses and market their products. Therefore, once you have a substantial number of followers on your channel, companies are likely to reach out to you and ask you to promote their products for a fee. This is undoubtedly a great way to earn some extra revenue, but be cautious when doing so, as promoting poor-quality products will affect your credibility with viewers.
Consider partnering with these brands and featuring their products in your videos. You can also join popular affiliate programs to expand your network of affiliate partners. For example, ClickBank is a well-known affiliate program that offers commissions ranging from 1% to 90%, depending on what the seller decides.
5. Monetize Live Streams with Super Chat:
Super Chat is a popular new way to make money from YouTube. This feature allows your audience to purchase highlighted chat messages, which, in certain cases, get pinned at the top of the comments section during live streams. So, when you start a live broadcast on YouTube, you can use Super Chat to monetize your stream.
YouTube Super Chat monetization rates range from $1 to $500, with the company taking a 30% cut of the revenue. For anyone wondering how to profit and make money from YouTube Super Chat, the key is to organize and promote your live streams effectively.
Promote this feature in your videos, on other social media platforms, and anywhere else your audience enjoys spending their time.
How to Make Money on YouTube Despite the Competition:
When looking into how to make money using YouTube, remember that you’re not the only one doing this. There will also be full-time YouTubers competing for your audience's attention. It’s important to keep this in mind when creating content for your channel. You can stand out from the crowd by creating attractive thumbnails and compelling video titles. Remember that YouTube is a visually-driven platform, so consistently capturing the viewer’s attention with unique and eye-catching visuals will help you attract more followers to watch your videos.
The quality of your content’s audio and video can also play a major role in your success, as you'll need to film your videos professionally. Therefore, consider that you might need to spend some money upfront to produce professional content that attracts viewers to your channel.
You can also outperform the competition by leveraging YouTube SEO. Creating SEO content for your video descriptions is a great way to generate high traffic to your YouTube channel. You can check out the article "Best SEO Practices to Generate High Web Traffic" for more details.
Here are some great tips to keep in mind when creating content:
1. Try to make your videos longer than 10 minutes:
When you create YouTube videos that are longer than 10 minutes, you have a greater chance of earning more money through ad revenue. YouTube videos longer than 10 minutes are likely to have higher watch times, which positively contributes to the amount of ad revenue those videos will generate.
Additionally, videos with higher average watch times will appear higher in YouTube search results, meaning there is a greater chance for users to watch your content.
2. Collaborate with Other YouTubers:
One of the strategies you can use to make money from YouTube videos is to collaborate with other YouTubers. This is a great way to increase your presence on YouTube, add unique content to your channel, and expose your content to an entirely new audience. Do some research on active YouTubers in your niche and reach out to them with a great video idea. They will likely be interested in collaborating, which will help you earn money from YouTube.
3. Create Engaging and Informative Content:
This is vital for the success of your YouTube channel. YouTube users are always looking for videos that will entertain them or provide value. If you can provide your audience with such video content, they are likely to watch the entire video and return for more content in the future.
4. Make the Most of Your Video Description:
When writing descriptions for your videos, follow the old journalistic approach: state the most obvious things first, then work your way to less important details. Also, try to explain what viewers will gain from watching the entire video. Finally, use language that your potential audience will understand and relate to.
5. Maintain a Consistent Presence:
When managing a YouTube channel, it is essential to be consistently present and post content regularly. Keeping a steady flow of content for viewers will keep them engaged with your channel, meaning they will be more aware of your online presence. Long absences can cost you the audience engagement you had before.
In conclusion, remember that making money from YouTube is not easy, but it is possible if you have a clear goal, a structured strategy, and a willingness to learn and improve. YouTube can be a rewarding platform to share your passion, creativity, and expertise with the world and earn some income along the way.
However, you should be aware of the challenges, risks, and opportunities of being a YouTube content creator. We hope this article has given you some ideas and tips on profiting from YouTube and inspired you to start or develop your channel.
Share with us in the comments your thoughts on the best practices to develop your YouTube channel and double your earnings from it. And feel free to explore and share the rest of the articles available on the site for more insights.