If creating videos is what you enjoy doing,then this article is for you.
of course those of you who don't enjoy creating videos can read as well.
as we all know ,YouTube is the second largest search engine after google.
YouTube is a place where people post videos for fun or for the purpose of making money.
if you think that the stress you are going to go through isn't worth it,then think again.
some YouTube stars rake in over $10 million annually.
a certain YouTube star's net worth is over $20 million.crazy right?
and all he had to do was to create a video of a few minutes.
in this article,i'll be explaining the ways of making money on YouTube but before i do that,here are some things you need to know about YouTube.
i. Ryan,better known as Ryan toys review,is the highest earning YouTube,bringing in $22 million in 2018.
ii. YouTube is the second most visited sites after google
iii. YouTube is the 2nd most popular social media platform with 1.9 billion users.
iv. we watch over 1 billion hours of YouTube videos everyday, more than Netflix and Facebook combined.
v. the average mobile viewing session lasts more than 40 minutes.
vi. over half of YouTube users use the site to work out how to do things they have never done before.
vii. As of November 2018, YouTube has paid out $3 billion to right holders since 2007.
Now,we've known that..lets go to the real business i.e earning on YouTube.
making money on YouTube is actually inn two ways...
i. is making money by becoming a YouTube partner[which is arguably the best way] and ii. is making money without Being a partner
Like i said,making money on YouTube by becoming a partner is actually the best way to make money on YouTube. of course other ways are also good but something about this YouTube partnership doesn't want me to explore other ways.
Okay quickly lets explain what the YouTube partner program is...
The YouTube partner program is how regular youtubers get access to special features on the platform.
like i said ,it's one of the ways. you don't have to necessarily need to be a partner before you can earn on YouTube. off course their are other ways
its just that being a partner only makes it more easier.
YouTube partners have access to multiple income streams:not just ads,but YouTube premium subscription fees, and features that tap your fan's wallet directly like supper chat, channel membership and the merchandise shelf.
under the YouTube partner programs,there are monetization features that you could choose from.
I. AD'S REVENUE : for you to be able to earn on YouTube through ad revenue,you'll need to have 1000 subscribers and 4000 hours watch time in the past 12 months and again,your content must be advert friendly that is,the less controversial your videos are,the more YouTube advertisers will be comfortable running ads om them which means you get to make more money.
II. YOUTUBE PREMIUM REVENUE: If a YouTube premium members watches your videos,you get a portion of their subscription fee automatically.
III. CHANNEL MEMBERSHIPS: in order to sell channel memberships to your subscribers[ i.e your fans opt in to pay you an extra amount], you'll need to be at least 18 and have ore than 30,000 subscribers
IV. MERCHANDISE SHELF: In order to sell merch from YouTube's merchandise shelf,you must be at least 18 years old and have at least 10,000 subscribers.
V. SUPER CHAT PAYMENT: If you want your fans to have the ability to pay you to have their messages highlighted in your life chats during your live streams,you must be at least 18 years [and live in a country where the feature is offered]
making money on YouTube shouldn't be hard as long as you meet the requirement for YouTube's approval.
but i know some of you guys will be asking
" is it necessary i have 1000 subscribers and 4000 hours of watch time before i can dream of earning on YouTube?"
to that question,the answer is NO,IT ISN'T .
Like i said in the beginning of the article making money on YouTube is in two ways
by becoming a partner and without becoming a partner.
i have explained how to you can earn by becoming a partner and i'll be explaining how you can earn without becoming a partner in my next article.
subscribe to my profile so you can get notifications when i post a new article.
i'll be seeing you in the next article
GODSON
M.M.O GURU
Even in Nigeria , I have people that earn real good from YouTube