YouTube takes time to develop a big audience. And because of the criteria to qualify for AdSense it could be frustrating if you want to earn a few bucks. Fortunately, there are ways beyond AdSense to make some money, such as using an affiliate link as an alternative monetization strategy. Another way to monetize is by creating and selling online courses on platforms like Udemy and Skillshare. Additionally, having your own website is crucial for selling digital products directly to your audience. Here’s how to monetize your YouTube channel beyond AdSense.
Understanding YouTube Monetization
YouTube monetization is a dynamic process that allows content creators to earn income from their videos. To embark on this monetization journey, it’s crucial to comprehend the definition, eligibility criteria for the YouTube Partner Program (YPP), and key requirements involved.
What is YouTube Monetization?
YouTube monetization refers to the ability of content creators to earn money from the videos they upload on the platform. Income is generated through various channels, primarily advertisements. To participate in YouTube’s monetization program, creators need to adhere to specific criteria set by the platform. This means that by creating content that attracts viewers, you can earn money through YouTube ads, channel memberships, Super Chat, and more.
Eligibility Criteria for the YouTube Partner Program
The YouTube Partner Program (YPP) is the gateway to unlocking advanced features and monetization opportunities on the platform. To be eligible for YPP, creators must meet the following criteria:
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Meet YouTube’s community guidelines: Your content must comply with YouTube’s policies and guidelines.
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Have at least 1,000 subscribers: Building a substantial subscriber base is essential.
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Have at least 4,000 watch hours in the past 12 months: This ensures that your content is engaging and watched by many.
By meeting these requirements, you can join the YPP and start earning money from your YouTube channel.
YouTube Channel Monetization Policies
YouTube’s monetization policies are designed to ensure that creators produce high-quality content that meets the platform’s standards. To monetize a YouTube channel, creators must comply with the following policies:
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Meet YouTube’s community guidelines: Ensure your content adheres to YouTube’s rules and standards.
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Have a linked AdSense account: Connect your channel to an AdSense account to receive payments.
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Enable YouTube monetization on your channel: Turn on monetization features in YouTube Studio.
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Follow YouTube’s rules on monetization: Adhere to all monetization policies to avoid penalties.
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Stay within copyright laws: Use only content you have the rights to or that is licensed.
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License background music: Ensure all music used in your videos is properly licensed.
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Avoid copyright and monetization mistakes on YouTube: Be vigilant about copyright issues to prevent demonetization.
By understanding and complying with these policies, creators can optimize their YouTube channels for monetization and increase their earnings.
If you're ready to get started earning with YouTube, here’s how to monetize your YouTube channel beyond AdSense.
Affiliate Marketing for Your YouTube Channel
There’s a way to make money on the products you recommend or use in your videos. It’s called affiliate marketing. You’ll receive your unique link to the product or service from that company. You receive a commission when the viewer clicks on the link and buys the item. These are turned into passive income since the video stays up and continues to be played. There are many retailers who participate in affiliate programs that you can use. Some are Walmart, ShareAShare, Amazon, eBay, Etsy, etc. If you don’t see a program for a product you love, contact the retailer and see if they can start one. YouTube Premium also benefits video creators by providing them with a share of subscription revenue, similar to earnings from traditional ad revenue.
Brand Sponsorships
Contact brands you love and ask them to sponsor your video. You don’t have to have a large audience if you have the right audience. For instance, financial products are often sponsored even though they have small audiences. That’s because their audience is often affluent. Put together a proposal explaining why you’d be a good channel to sponsor and then ask them to sponsor you. You’ll need to talk them up in the video, but that shouldn’t be hard if you like the brand. Sometimes brands will contact you. Consider creating multiple videos around a single topic to enhance sponsorship opportunities.
Create a Membership Site
Let the audience have more access to you through a membership site. If you give tutorials or edit books, let the audience know that they’ll receive special instructions that you don’t give on your channel. They are monthly, so it’s recurring revenue. Just make sure you’re offering them something special.
Having your own website can facilitate membership sales by providing a dedicated platform for your audience to access exclusive content and benefits.
Sell Merch
If you’ve developed a brand, sell t-shirts, tote bags, mugs, etc., that connect with your brand. For instance, you might have a funny saying that you always start and end with. Don’t worry, you don’t have to keep an inventory of this. Use print on demand (POD) to take care of everything. A POD takes the order from the customer. They then send it to the printer, which ships it out to the customer. No muss, no fuss. Some PODs you can use are Printful or Printify. But there are more to choose from.
Additionally, you can use an affiliate link to promote your merchandise, encouraging your audience to make purchases while earning a commission.
Offer Your Services
People who are watching your video can become a client. If you have a skill like fitness, finance or maybe even playing the piano, you could offer one-on-one advice through Zoom. Your time is worth money, and you can make some with your YouTube channel. Additionally, you can offer professional services such as video editing to monetize your expertise.
Conclusion
It can take months or even years to start earning AdSense. But you can start making income early. Some ways, like developing a course, might take a little work, but others, like affiliate marketing, can be done immediately. Regardless, you don't have to rely on AdSense.