Learning how to make money on YouTube is simple, as it requires merely a few steps. However, getting your channel popular enough to generate a huge amount depends on the quality of your content and the time you invest in the online business.So, how do you make money on YouTube?
Go through this piece thoroughly without skipping any part, and you will be rolling on pretty soon.
- Part 1. What Do I Need to Monetize My YouTube Channel?
- Part 2. How Long Would It Take to Monetize a YouTube Channel?
- Part 3. 5 Proven Effective Ways to Make Money on YouTube
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Part 4. Best Tool to Make Money on YouTube (Even with Few Views)
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- Part 5. FAQs on Making Money on YouTube
Part 1. What Do I Need to Monetize My YouTube Channel?
Nothing much. So, again, how do YouTubers make money?
They meet the following prerequisites to make their channel eligible for monetization:
Get A Verified Google Account
This process is simple. You can visit the offical website to learn how to create a new account and get it verified instantly.
Set up a YouTube Channel
Once your Google account is verified, sign in to YouTube with your credentials and create a YouTube channel.
After completing the above two prerequisites, your YouTube channel becomes eligible to apply for the YouTube Partnership Program and get approval.
The next few things that will make your channel a cash cow are the content quality (without copyright violations), streaming hours, and number of subscribers. Everything is explained in detail in the following sections.
Part 2. How Long Would It Take to Monetize a YouTube Channel?
As mentioned earlier, the time it takes for your YouTube channel to monetize depends on a few important factors, including:
Number of Subscribers
Your YouTube channel must have a minimum of 1000 stable subscribers in the past 1 year.
Streaming Hours
Videos on your YouTube channel must have at least 4000 watch hours (streaming hours) in the past 365 days (1 year).
Or
Shorts on your YouTube channel must have a minimum of 10 million public views in the past 90 days (3 months).
Content Quality (Most Important)
This point is crucial, as the above two solely depend on the niche and uniqueness of content you publish, the finishing quality, effective animations, transitions, and voiceovers.
If everything is in place, your videos and shorts will be hit in no time, resulting in increased watch hours and subscribers.
Nevertheless, as many popular YouTube channels are available, you must put extra effort into standing out among the crowd to gain attention.
Part 3. 5 Proven Effective Ways to Make Money on YouTube
YouTube not only offers a video platform, but it also allows you to generate passive income from other sources as well. The five proven ways to make money on YouTube are explained below:
1. Affiliate Marketing
This is easy to achieve. You might have noticed that some YouTube influencers post links to products from eBay or Amazon in their video descriptions and suggest purchasing using those URLs. When you buy any of those products, the influencers earn commission from the sellers. This is affiliate marketing.
If you plan to start a YouTube channel for monetization, becoming an affiliate marketer for Amazon and/or any other e-commerce portal can help you make extra income.
2. Selling Digital Products (E-Books, Templates, Mini Courses)
If you are a designer, writer, or educator, posting links to those saleable products in your video description on YouTube redirects users to the page where they can purchase your digital items, allowing you to make extra cash.
3. Micro-Brand Sponsorships
Once your YouTube channel gains popularity, micro-brands may start contacting you for sponsored videos where you can suggest their products to your audience. Those companies pay for each video you create for them, or they can hire you on a contractual basis for a long-lasting business association.
4. Fan Donations (‘Buy Me a Coffee’, Ko-fi, or Super Thanks)
You can even share your PayPal or any similar portal ID where your fans can send donations at their convenience. Creating an account on Ko-fi or adding a ‘Super Thanks’ button on your publications can even help you generate additional funds to pay your regular bills.
5. Offer Your Services (Editing, Voiceovers, Translation)
If you can do video editing, voiceovers, or text/video translations into different languages, offering those services to the clients can expand your business further.
To answer your question about how to make money on YouTube, offering any or all of the above services and products can help you make money in addition to what YouTube will pay for your videos under its Partnership Program.
Part 4. Best Tool to Make Money on YouTube (Even with Few Views)
As you might have realized, once you start a YouTube channel and it is approved for the Partnership Program, the videos you publish become your main source of income. Therefore, generating content in multiple languages is highly recommended to expand reach and gain global recognition.
To get this done, you need an efficient and accurate translation program such as BlipCut Video Translator that does all the legwork for you using the advanced AI algorithms it runs behind the scenes.
BlipCut Video Translator is a comprehensive and most demanded tool today because of the tons of solutions it offers under one umbrella.
Key Features
Built-In Screen Recorder
130+ Language Support
AI-Powered Speech-to-Text Converter
AI-Powered Text-To-Speech Converter
Lip Syncing
Voice Cloning
Batch Translation
Transcription
AI-Assisted Voice-Overs Creation, and more
After creating a video, you can easily translate it into several other languages using BlipCut Video Translator. Learn how to make money off YouTube using BlipCut by following the steps explained below:
Step 1. Upload the Video
Click this link. Click Video Translator.
Click Upload File(s). Upload the video you created for YouTube to BlipCut.
Step 2. Define Translation Preferences
Set the Source language to the original language. Select an output language from the Target language(s) list. Click Instant Voice Clone. Click Translate.
Step 3. Make Modifications
Modify the transcribed text in the right card on the left portion of the page. At the bottom, adjust timestamp bars accordingly.
Step 4. Export and Download
Click Export. Enter a new name, select a language, choose Video (.mp4) as the video format, and click Export.
Click Download.
Publish the video.
Part 5. FAQs on Making Money on YouTube
Q1. How many views are needed to get money from YouTube?
A1: You need at least 4000 watch hours for videos in the past 1 year or 10 million public views on Shorts in the past 3 months to become eligible for the YouTube Partnership Program.
Q2. Can a beginner make money on YouTube?
A2: Yes. You can bookmark this guide and refer to it whenever needed to start your YouTube channel and make money.
Q3. Do I have to pay taxes on the money I make on YouTube?
A3: After learning how to make on YouTube, when you start generating a handsome amount, check with your accountant, CA, or go through your country’s government policies to know if funds generated from online sources are exempt. Taxes vary globally.
Conclusion
Hopefully, this guide has answered your initial question, “How can I make money on YouTube?”. While selecting a niche and creating quality content is crucial, translating the audio in multiple languages is equally important to get global reach. The larger the audience, the more money you’ll generate. The best tool to produce instantaneous outputs with the least effort would be BlipCut Video Translator, which you can use after learning how to make money on YouTube.
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Blake Keeley
Editor-in-Chief at BlipCut with over three years of experience, focused on new trends and AI features to keep content fresh and engaging.
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