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11 Best Ways How To Make Money On Youtube

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Making money is no more a daunting task in this 21st digital century. Any skill and talent you possess could be put to use to make money. And social media has proven its worth in the same context. Creators and marketers own the industry. They are the people running big brands and companies. Maybe it is not that obvious, but every hour you spend in scrolling counts and is a source of income for others. 

Today we are going to discuss some possible prospects of making money on youtube. 

Youtube is a video content sharing and watching social media platform owned by Google. It is the second most visited site worldwide. It has more than one billion monthly users who collectively watch more than one billion hours of videos each day. From this data, you can estimate the market and the number of people you could reach. They could be your possible business leads and hence customers. 

In the recent past, tables have been turned around. Youtube is now more than just a video-sharing platform. It has become a monetization platform and a potent source of income. Most YouTubers earn $18 for every 100 ad views while $3 to $5 per 1000 video content views. 

So yeah!! Apart from being a doctor, engineer, or CEO, Youtuber is a lucrative career option if you are mindful, creative, innovative, and inspiring enough.

Points to consider:

You may find multiple blogs and articles boasting about the ways of making money online on various platforms. Here along with the ways, you are going to get some free advice while searching and working on online platforms.

  • When you start working online, you expect higher revenue in a smaller time. But this is not the reality. The quickest ways are either scams or crime. So be aware and stay away from them.
  • Personal advice – if you require money urgently. Then get a loan, work hard and pay it off. Don’t trust the scamsters.
  • You can earn a lot more money if you are passionate about learning new skills. Learn a profitable skill and invest in your knowledge. That’s how you become a successful online worker.

Basic guide to youtube 

Youtube creators academy provides a quickstart guide to create and brand the channels of creators on the platform. 

They show you how to quickly set up your channel, upload videos, and align your branding. Plus, they walk you through some important guidelines for being a part of the YouTube community.

First, you have to sign in, then finish the 4 lesson course at your own pace and pass the course exam with 75% to get your letter of completion. After the course is complete, you will be able to put your channel in the second gear and give it a good headstart.

11 ways to make money on YouTube

Now that you are equipped with the basics of youtube and created a channel, it is time to use them for making money on youtube. You can either share video content or do marketing for your business or others.

1. Content creation

Become a youtube personality today and start creating content with the most widely used video app- youtube. If you have some creative ideas that don’t spread hatred or mislead, you can make videos around them and share them.

No one knows if you are the next youtube star. It was estimated that the number 1 YouTuber Pewdie pie could receive over $13,000 for a week of publications. Youtube stars make a lot of money with their quirky and unique content over which the audience swoons. 

It is a policy that creators are eligible to be paid until they have 10,000-lifetime views on their channel.  This is to make sure the quality of the content and the community.

2. Live stream and super chats

Livestreams are to make sure that you have high engagements rate with your subscribers, which keeps up with the YouTube algorithms. It is not necessary for you to post some content in the Livestream. You can simply talk and share anything you want. It is an easy way to connect to your subscribers in real-time. Enabling ads on live streams can add to the revenue.

Also, the chats displayed and posted by fans could be a monetization source. Super chats are often pinned and highlighted in live streams chats. You can also sell customized stickers to them for posting super chats.  

3. Selling merchandise

Earning money by selling merchandise with your brand’s labels is common among all the high-end and low-end YouTubers. The main purpose of selling merch is to create brand awareness on various platforms and obviously get paid. This can happen only if you have a threshold of audience and influence over them. Youtube legally lets you sell the brands’ logo imprinted merch. 

Through merchandise, you can also build engagement and rake in cash later. Merch could include t-shirts, hoodies, caps, etc. 

4. Personal brand

A personality is a brand on its own. And you can always build a brand out of yourself using YouTube. Youtube itself gives the power of being YOU and flourishes you as an enthralling voice all over.

Now the question is what to do to turn yourself into a brand. Either you can sell a notion that you possess or provide a service that you are good at. You just need to figure out your specialty and start working with that. Once you are brand, others will contact you on their own to collaborate. 

As an example, Lilly Singh is a YouTuber who used her Canadian accent and Indian humor to become a brand ambassador of her own. She is now a famous and rich personality worldwide.

5. Crowdfunding 

Crowdfunding has become a more common practice of raising a small amount of money from a large number of people to operate a project or venture. For that, you can use the youtube platform and activate the donate button on your channel. If people find your cause worthy enough, they will donate and raise funds for you.  

Youtube gives an opportunity to millions of audience to raise your moral values. And you need not pay it back.

6. Affiliate marketing

Affiliate marketing means selling others’ products on a commission basis. Affiliate marketers are hired by small as well as big companies like Amazon and eBay. All you have to do is create a promotional video of their brand, and an affiliate link commissioned in your name is provided. The more the number of clicks, the more is the reward. You can easily signup for an affiliate network and become a brand ambassador today.

Also, you don’t have to take the headache of the content, just create an ad and put up your link to work. Whenever someone clicks, you get paid. 

Affiliate marketing is a source of passive income and gets paid $65,800 annually on average. This could elevate in the case of high-end affiliates.

7. Google Adsense

Get ad revenue from the display, overlay, and video ads. Ads are served through the AdSense auction, Google Ad Manager, and other YouTube-sold sources. Once you turn on monetization, it may take some time for ads to show up.

The ads on your video are automatically chosen based on context, like your video metadata (keywords you use) and whether the content is advertiser-friendly. Youtube regularly monitors and update their systems to deliver the most relevant ads to your videos.

Since 2010, YouTube has allowed a few partners to sell ads for the content they place on YouTube. These ads are called “partner-sold ads.” For partner-sold ads, the partners work directly with advertisers to serve ads on the content they own.

Advertisers buy ads from these partners so that the ads show up on specific content. This means that partner-sold ads may show even on videos that YouTube considers “not suitable for most advertisers.” Partners can’t sell ads against content that is related to tragedies.

8. Get the traffic you need for your website or blog

Running a website (for providing business services) or blogging online is a heavily-paying online career option. But it is the traffic and engagement that make a success story. You need a good amount of public reading and clicks.

Get started with the Creator Playbook, which gives you in-depth guidance on every stage in defining and implementing a successful content strategy on YouTube. Once you’re set up, consider repurposing some older content into videos, as well as creating new videos.

Make sure that you provide the link to your website in the first line of your video descriptions, so you can divert the YouTube traffic to where you want it to go.

9. YouTube partner program

The YouTube Partner Program (YPP) lets qualifying creators tap into different ways to earn revenue, gives access to 1:1 chat and email support, and allows you to use the Copyright Match Tool.

To qualify for YPP, you need to be in good standing with YouTube, have 4,000 valid public watch hours in the previous 12 months, and at least 1,000 subscribers. You will also need to follow all the Youtube monetization policies, live in a country/region where the youtube partner program is available, and have a linked AdSense account.

Once you’re in the program, you can start earning money from ads and YouTube Premium subscribers watching your content. Also, you can explore other revenue streams besides ads, like channel memberships or Super Chat.

11. Teaching – courses

Teaching never gets old. Whether you have an experience or not, youtube won’t ask. So get going with your guiding skill and start a channel with your teachings. It is not necessary to be educational, but anything you know, you can teach others and make money from the videos.

You can also create a paid full course outside youtube where you can use youtube as the source of traffic and audience for the same. 

Youtube also provides help for teachers and education content. You can visit youtube.com/teachers, youtube.com/education, and youtube.com/schools for assistance. 

Depending on the views of the video, you can deduce your earning and work under the need of the hour. 

12. Seek sponsorship

Sponsorship involves getting money from an organization or person to support an event, activity, or person. The support can be financially or in the form of products and services.

Companies often sponsor big and small YouTubers to attract publicity and promote themselves.


In some videos, you must have heard, this video is brought to you by Xyz or presented in association with Xyz. These are the sponsoring titles often used in the beginning, middle, and end of the video. 

Whenever you seek sponsorship, work on the proposal you are about to make. Be clear about your abilities and the brands’/ companies’ policies you are going to work with. Approach the companies that match the interest of your audience too.

YouTube earnings and tax liability

You may be liable to pay taxes on your earnings from youtube. Earning money on YouTube or receiving Shorts bonuses are a great way to be rewarded for good, engaging content on the platform. Keep in mind that you may be liable to pay taxes to your country of residence on any income earned from your monetized videos on YouTube. Check with your local tax authorities for detailed guidance.

Conclusion 

Youtube has become a potent resource that demands expressive and informative content. And you could easily earn by creating such content within the set guidelines and make it eligible for monetization. Hard work pays off while smart work fame on. The key to success is creativity. Always set goals and regularly check them too. And if your graph is not upwards or constant, a change in plans and strategy is required. So work accordingly in silence and let your popularity success make the noise. 

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