Most people think of YouTube (GOOG) as a place to find instructional videos, watch music videos, or waste time. Another group of people, however, look at YouTube as a major revenue source for their online business.

In 2023, the highest paid Youtube channel belonged to MrBeast, who raked in an estimated $82 million for the year. Mꦛaking money with Y𓆏ouTube takes some time and effort, but those efforts can pay off with big money.

Create a YouTube Account

Before you can begin 澳洲幸运5官方开奖结果体彩网:making money via YouTube, you need a YouTube account. Because YouTube is a Google company, it requires a Google email, or Gmail, to register. Once registration is complete and the YouTube account is active, it's time to populat♛e your account, ඣalso known as a channel, with content.

Creating an account does not automatically qualify you to earn revenues from it. YouTube account holders must follow certain guidelines, such as building an audience and maintaining a specific leve✤l of engagement. Amassing a large group of followers validates why your channel should earn revenues👍.

Make Videos

To build an au💞dience and gain views, YouTube content creators must consistently develop content that followers enjoy watching. Therefore, the next step is to create videos. There is no universa🗹l model for what works and what doesn’t work on YouTube. Some of the most popular content includes professionally produced music videos and impromptu family videos recorded with a smartphone.

Using a smartphone is convenient and effective as most are outfitted with quality cameras.𓄧 Recording in HD will produce a better quality video, so🔴 be sure to use the highest quality setting on your phone. If you want an even more professional video, you can use a DSLR camera and an external microphone.

You can edit your video with a desktop program like the free Windows Movie Maker, iMovie, or a paid program like Adobe Premiere for more robust features. YouTube also has a free editor with basic features. As you edit your video, make sure you don't use copyrighted music. If you do, your videos won’t be eligible for YouTube advertising.

Upload to YouTube and Configure for SEO

Now that your video is complete, it is time to upload it to the YouTube servers. You can drag and drop videos from your computer into the uploader, or you can add them individually by clicking on the upload arrow. Dependin🍰g on the size of your video and your Internet connection, uploading could last anywhere from a few seconds to a few hours. You can upload multiple videos at a time as long ওas you do not close the upload page in your browser.

When your video is uploaded, or while it is uploading, you can fill out the information about it. Be as detailed as possible when creating a title, description, category, and tags. YouTube is the second-largest search engine in the world, and good search engine optimization (SEO) can be the difference between a few views and a few million views.

Promote Your Video

Now that your video is online, it’s time to꧑ get the word out. Share your video on social networks, blogs, forums, message boards, and anywhere else you can online. You can embed your video on other sites or link to the video so viewers can watch it on YouTube. Just be careful to avoid spamming because that would result in fewe༺r views for your videos.

Promoting your videos helps you to gain subscribers and views. Increasing your audience base gets you closer to being able to earn money on your content. Once your channel is active and you have a catalog of content and a captive audience, you are ready to monetize your videos.

YouTube Partner Program

The monetization process begins with an application to the YouTube Partner Program (YPP), which allows the account holder to earn money on their content (from ads and subscribers) and grants exclusive access to resources and tools, such as AdSense. YPP acceptance requires that the YouTube account holder is in good standing with YouTube, has a minimum of 4,000 public watch hours in the last 12 months, and has at least 1,000 subscribers.

Once accepted into the YouTube Partner Program, you can sign up for an AdSense account. AdSense is the primary advertising engine Google uses on its own sites and partner sites, including YouTube. When you create your AdSense account, you will need to input payment information and provide tax reporting information such as a 澳洲幸运5官方开奖结果体彩网:Social Security number or 澳洲幸运5官方开奖结果体彩网:employee ID number (EIN) for your business.

Your AdSense earnings are determined by the number of views a video receives, which advertisers show up on your video, and how many times the ads are clicked. High engagement and clicks are more important than total views, but the more views you receive, the higher the likelihood of clicks. Depending on your video’s engagement levels, you can earn anywhere from 30 cents to $10 per 1,000 views. M𓄧aking videos that people will actively watch until the end will earn you more than a video where people click away after only a few seconds.

Other YouTube Revenue Sources

Sponsorship

YouTube content creators have additional ways to earn revenues besides through ads and subscribers. Brands often look for influencers to promote their products and services. With the massive number of users YouTube attracts, its platform is great for advertising. Third parties can capitalize on YouTube's user base through sponsorship agreements with its account holders.

Becoming a brand sponsor can be a lucrative option for YouTubers as companies pay them to promote the company, product, or service in their videos. The YouTuber often promotes the product without guarantees, and the sponsorship is usual꧟ly incorporated into🔯 videos of unrelated content.

Endorsement

Much like sponsorships, endorsements are secured by agreements between a third party and the YouTube influencer. However, in contrast to sponsorship, where the YouTuber simply promotes an offering, an endorsement is a promotion with the YouTuber's stamp of approval. They stand by their claims on the product and issue a form of guarantee to their viewing audience. In exchange for endorsing a product, company, or service, the influencer receives a fee.

Merchandise

YouTube influencers with a popular channel and a strong fan base can earn additional revenues by offering merchandise, also known as merch. Branded merchandise, such as t-shirts and hats, connects fans to YouTubers and can create a deeper sense of loyalty among them. It's another way of supporting the influencer beyond watching their content and subscribing to their channels.

Selling merchandise can be extremely lucrative, earning top YouTubers millions in revenues. Some influencers' merchandise, because of their creative design, extends far beyond their community of followers. In return, those new merch customers often become fans of the YouTube content.

The Bottom Line

As long as your videos are being watched,🍃 YouTube income is passive after the video is posted. Keep track of which videos perform the best and create videos with a similar topic. As your v꧙ideo library and views grow, so will your income.