More than 122 million people use YouTube every day, making it the second most popular search engine globally. You may not have started a YouTube channel for the sole purpose of making money, but there are numerous ways your uploads can generate income for you.
If you have high-quality content that people want to see, you can succeed as a creator on this platform because of the size of the audience. This guide will walk you through the process of monetizing your YouTube channel in 2024.
What Is YouTube Monetization, and How Does It Work?
Simply put, YouTube monetization means earning revenue from your YouTube videos. The YouTube monetization model is relatively straightforward. Businesses that want to advertise on YouTube create these adverts through Google AdSense Network.
These advertisements can be displayed at any point throughout the video. Owners of these videos are compensated each time a viewer sees the complete advertisement.
YouTube Monetization Policies
There are several regulations governing the use of YouTube, including the community guidelines, terms of service, copyright, and Google AdSense.
You need to adhere to YouTube’s monetization guidelines if you want to make money from your channel. These rules apply to any user currently enrolled in the YouTube Partner Program or considering doing so.
How to Make Money on YouTube?
If you are looking for ways to make an income off your YouTube channel, here are 12 ways you can do so:
- YouTube Partner Program
- Through affiliate marketing
- Being a YouTube Influencer
- Channel memberships
- Content licensing
- YouTube Shorts Fund
- YouTube Premium revenue
- Selling online courses
- Selling merchandise
- Super chat and super stickers
- Crowdfunding
- Driving traffic to your blog using YouTube videos
1. YouTube Partner Program
To begin earning money from your YouTube videos, you must first become a member of the YouTube Partner Program. AdSense monetization of YouTube videos using Google AdSense is one of the most prevalent and straightforward methods of generating income from your YouTube videos.
Once you’ve linked your YouTube channel to your Google AdSense account, you’ll be able to submit your videos in consideration of monetization through AdSense. If your video meets the monetization requirements set out by YouTube, it will be authorized for monetization. You must meet the following requirements to join the YouTube Partner Program:
- Have at least 1,000 subscribers
- You must have at least 4,000 hours of watch time in the past 12 months
- You live in a country that has access to the program
- You have created your AdSense account and linked it to your YouTube channel
- There are currently no active community guidelines strikes on your channel
- You abide by all YouTube monetization regulations
Before permitting monetization on your account, YouTube verifies your application and ensures that you have complied with its regulations. Getting a response from YouTube about your application for its Partner Program might take up to a month.
The only thing left to do is switch on advertising on your YouTube account once you’ve been accepted into the YouTube Partner Program and start making money from ads.