How to make money on YouTube

How to make money on YouTube. Today’s self-made celebrities are people who have amassed an audience through the production of online videos that are meant to inform, amuse, review, and generally be awesome.

You might not have created a YouTube channel with the intention of making money, but once you realize how many opportunities there are, you’ll be glad you did. Fortunately, there are a few original ways to monetize YouTube.

As is frequently the case with Instagram influencers or bloggers, your audience may unlock the earning potential of your YouTube channel, but the creation of multiple revenue streams through side businesses or businesses is what enables you to earn money.

Also Read: 10 ways to Earn Money Online as a Student

How to make money on YouTube

The problem is this. Although monetizing your YouTube channel might seem like the best idea ever, it won’t immediately bring in a lot of money. And this is why:

Changes to YouTube’s monetization policies were one of its most recent and divisive policy updates. Currently, in order to enable monetization on YouTube, you need to have a minimum of 1000 subscribers and a minimum of 4000 hours of total viewing time over the previous 12 months.

Before, all that YouTubers had to do to run ads on their videos was to have 10,000 total views on their channel.

The most recent criteria severely penalize smaller creators and destroys their ability to make money from ads. Even YouTube executives admitted that the new system would drastically alter life for many channels.
You can earn a living on YouTube by selling products, digital goods, and even merchandise, knowledge, and experience while using your videos as a platform for promotion.

1. Visual effects & transitions
2. Wallpapers
3.  Fonts
4. Graphics
5.  Magic tricks
6.  Songs, loops & beats
7. Drum kits
8. Vocal effects
9. eBooks
10. Merchandise
11. Instagram Stories templates
12. Knitting patterns
13. Phone cases
14.  Study notes
15.  ASMR

Also Read: E-learning as a new Medium of Learning in the 21st Century: Benefits

• Visual effects & transitions

It’s very likely that you will create tens, even hundreds, of video effects as part of your work as a videographer or filmmaker. What, however, should you do with the effects that aren’t used? They can be turned into another digital product that you can sell and make money from rather than being stored away on your computer. For instance, Arthur Moore is a filmmaker who makes beautiful videos like this one in which total strangers gaze at each other in crowded London. The professional visual effects and video transitions that he sells to other digital artists out there can easily be promoted through his work. This is one of the ways on How to make money on YouTube.

• Wallpapers

This is another wayon How to make money on YouTube. What should a photographer do if their computer’s hard drive is filled with a ton of unopened photos?

Sure, upload them to stock photo websites. But you can also choose the best ones and market them as premium desktop and smartphone wallpapers.

German photographer Paul Sydow also sells urban wallpapers in addition to his Lightroom presets and photography-related YouTube videos.

You might want to combine this source of income with others because there are so many gorgeous pictures that are freely accessible online.

• Fonts

Websites, video editing, logos, and advertising. What feature do all of these shares? One of the most crucial elements that can make or break the success of your project is typography. Consider this: Not everyone has talent for creating fonts. So, if you’ve worked with typography before, give this form of art a shot. Your clients will evaluate a design piece solely based on its cover. Create a compelling presentation graphic as a result (the cover image that shows off your font pack to the world). We adore Chris Hau’s decision to use a dreamy blue background for his unique brush font! This one of the ways on How to make money on YouTube.

• Graphics

If you’re a freelance graphic designer or an internal employee of a company, you probably already know that what your customers deem to be good graphic design may not always line up with what you personally find appealing. Graphics is another way on How to make money on YouTube.

Instead of stifling your creativity, turn it into an additional passive income stream by selling the graphics that your clients did not select on your own online store. Like Aleo Designs, you should use vlogs to educate your YouTube subscribers about your designs. His graphic design work, which includes this epic collection of Pokemon Go graphics that includes the images of all 151 of the creatures, is available for purchase on his website.

•  Magic tricks

Have you ever considered how your long-held desire to create magic might be able to help you with your rent? Despite what your mother says, you should believe what your heart is telling you.

Modern magicians are witty and adaptable; they constantly come up with new ways to amuse audiences with their magic. Making magic tricks into digital products and selling them online is one of these strategies. Chris Ramsay, a fun magician, performs precisely this. On his YouTube channel, where he demonstrates card tricks, street magic, and how to solve jigsaw puzzles, he has amassed a sizable following. He also offers advice on how to launch a career in the magic business. In addition, he offers Voodoo, one of his magic cards tricks, for sale online. This is another way on How to make money on YouTube.

•  Songs, loops & beats

There are also part of the ways on How to make money on Youtube. Everyone is aware that not every musician or producer will have the opportunity to follow in the footsteps of Mark Ronson or Beyonce. So, what can you do to increase your income in the music industry?

Sell the music, sounds, and other high caliber works that you have produced or created. For instance, Denis Berger, better known by his stage name PVLACE, creates beats and is affiliated with one of the biggest US hip-hop production groups, 808 Mafia. He can sell his loop kits thanks to the exposure he receives.

To sell songs, you don’t even need to be a producer or musician. Chris Hau sells songs, loops, and instrumental stems for corporate videos in addition to being a photographer and videographer.

• Drum kits

Wonderful news—there is also something to sell for the digital age’s Ringo Stars! In essence, if you have been producing drum samples and archiving them on your computer, you can sell them as drum kits for a good profit.

You can sell drum kits to other musicians and producers so they can use them to create new songs. Drum kits are collections of drum sounds like kicks, snares, claps, and hi-hats.

• Vocal effects

If you work in the music industry, you probably already know that there are thousands of different vocal styles available, from the deep tones of Barry White to the high notes of Ariana Grande.

How do you make your vocals, and by extension, your song, stand out in the midst of all this competition? Vocal effects come to the rescue here. Make your own collection of vocal effects if you’re a producer with a knack for them; this will give you yet another digital product to sell and enable you to make money on YouTube. In the same way that Farai the Producer sells his vocal templates to enable others to create their next hit. This is another way on How to make money on Youtube.

• eBooks

If you’re a YouTuber who also likes to write (and is actually good at it), consider writing an ebook about a subject or issue you care about and then offering it for sale on your website.

The best thing about ebooks is that you don’t need a publishing house to distribute your book, saving you the money and hassle of printing, storing, and shipping physical books.

You could try reading some self-help books, which are a common genre. According to recent reports, readers of self-help and fitness books increased non-fiction book sales by 9% while reducing fiction book sales by 7%. It makes sense that SelfHelpFitness has an entire digital shelf stocked with books on fitness, wellness, and starting a successful online business. eBooks writing is one of the ways on How to make money on Youtube.

• Merchandise

Contrary to popular belief, celebrities other than the Kim Kardashians have their own line of goods. It’s not a matter of having a certain number of subscribers or watch hours before you can start selling merchandise.

There may not be a better time than the present to begin selling if your brand is strong and your audience is engaged and active. Additionally, you can print your merchandise as orders come in with the aid of print-on-demand platforms like Printful, saving you from having to gamble with your money. What YouTubers who sell merchandise print on their merchandise? Anything, including your logo and amusing catchphrases or wise quotes, works. Or even an animation of you, your dog, and a wooden box named Tiny Box Tim, as popular YouTuber Markiplier does with video games.

• Instagram Stories templates

Instagram Stories, which now has more than 400 million users, is now more widely used than Snapchat and serves as a platform for influencers to share their mouthwatering food and travel photos. The fact is that making visually appealing Instagram Stories takes a lot of time and effort, as well as at least some creativity.

Therefore, if your exquisitely crafted Instagram Stories have received praise, turn them into a product to sell. For instance, Hector, a motion designer and illustrator, sells Instagram Stories packs that are simple to customize and even include a video tutorial. This is also another one on How to make money on Youtube.

• Knitting patterns

Selling your patterns, or, to put it another way, the written instructions on how to knit or crochet a particular design, is another way for creators who were fortunate enough to learn crafts from their nanas to earn passive income.

All you need is a platform for selling—either a website or your very own online store—as well as the desire and aptitude for knitting or crocheting, a creative mind, attention to detail (and the capacity to record your pattern).

The Queen Stitch, also known as Katie, offers some incredibly adorable patterns for knitting and crocheting, including these beanies with acorn and Christmas-themed accents.

• Phone cases

By 2020, Statista projects that there will be 2.87 billion smartphones in use worldwide, making at least one in three people mobile device owners. Additionally, owners are more likely to want to safeguard their assets given the constant increase in smartphone prices.

As a result, there is an increased need for phone cases. The wonderful thing is that you can launch your own phone case company from scratch in just a few hours.
Just remember to promote your phone cases in your most recent YouTube video if you’re a well-known YouTuber. Phone cases can be a great addition to your merchandise collection.

Additionally, phone cases can be sold independently. similar to John Webber, the proprietor of Carvedproducts. Along with his distinctive wood and resin phone cases, he sells wallets, jewelry, and even wooden speakers and power banks.

• Study notes

Numerous high school and college students struggle academically and on exams. This is your chance to assist them and earn some extra money at the same time, if you excel in a particular subject and take pride in your ability to take thorough notes.

For instance, Melissa Maribel, a full-time YouTuber and chemistry tutor, creates helpful video vlogs about the subject and offers digital downloads, like chemistry notes, that help students understand particular concepts. Additionally, Melissa has made over $5000 since February 2018 and the business is still expanding thanks to the sale of digital notes. Who said that taking notes cannot be a lucrative business venture? This is one of the ways on How to make money on Youtube.

•  ASMR

People are constantly looking for ways to reduce stress and calm themselves because we live in a dynamic world. That entails yoga and therapy for some people. Some people choose ASMR videos.

The feeling of well-being and tingling sensation on your body known as ASMR, or autonomous sensory meridian response, are brought on by listening to a particular stimulus.
The ASMR trend has actually gained a lot of traction recently, to the point where even major corporations like IKEA and Michelob Ultra incorporate it into their marketing strategies. Therefore, this is another in-demand market to enter if you have a good soft-speaking or whispering voice and decent recording and filming equipment. On your online store, you can sell longer, exclusive ASMR content like this guided ASMR meditation by Dauchsy Meditations and publish shorter videos on your YouTube channel.

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Minimum qualifications to activate monetization features

Following your acceptance into the YouTube Partner Program, you may have access to the following revenue-generating tools:

1. Ad revenue:

• Have a legal guardian who is older than 18 and able to manage your AdSense payments who is at least 18 years old.
• Produce material that adheres to the standards for advertiser-friendly content.

2. Channel memberships 

• Age of majority is 18 years.
• Reside in a region or country where channel memberships are offered
• The channel is not marked as Made for Kids, and there aren’t many videos on it that are.
• There is no music channel in SRAV.

3. Shopping

• Possess a following of more than 1,000 people or be an official artist channel
• The channel is not marked as Made for Kids, and there aren’t many videos on it that are.

4. Super Chat & Super Stickers

• Age of majority is 18 years.
• Reside in a nation or area where Super Chat and Super Stickers are offered

5. Super Thanks

• Age of majority is 18 years.
• Reside in a nation or area where Super Thanks is accessible
• There is no music channel in SRAV.

6. YouTube Premium revenue

• Produce material that is viewed by viewers who have YouTube Premium subscriptions.

FAQS on how to make money on YouTube

Conclusion

It’s all done now. You now possess all the knowledge required to comprehend how to monetize your YouTube account. These concepts, in my opinion, are ideal for anyone who is interested, but especially ideal for college students looking for an online job.

All that’s left for you to do is put what you’ve learned into practice to begin expanding your audience on this lucrative platform.

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