Updated: Jul 27, 2020
Social Media platforms are taking the world by storm and the impact of these platforms is undeniable. Every individual, be it a teen or adult is stuck in the constant cycle of moving from one social media app to another on a daily basis. A trend that has now become increasingly popular is the concept of making money through these social media platforms. People are moving towards these money making options as it is a fun experience and allows people to do what they love and at their own pace. Not only that but these platforms pay well to all those who can create quality content and gain a fan following. The process might sound simple but there’s a lot of effort and knowledge required to excel at it.
Youtube is one such platform that offers options to make money through content. It is worth mentioning that Youtube currently has 2 billion logged in monthly users which indicates that the website is becoming increasingly popular over the years. 81% of 15–25 year-olds in the U.S. use YouTube and there is a variety of content available one the site that ranges from informative videos to tutorials, gaming walkthroughs, makeup tutorials, etc.
Being the world’s second largest search engine and second most visited site after google, this is one platform that once used smartly can bring in good bucks.
Now onwards to the real question: How to make money through Youtube,
Start a channel
The best part of starting a Youtube channel is that there are no limits to the kind of content you can create. Passionate about singing? You can upload song covers… that’s how Justin Bieber made it to stardom. Or create content that is close to you. Be entertaining, be creative and the subscribers will start rolling in. Once you have a channel that is successful enough, you can join the Youtube Partner Program.
Youtube Partner Program
The Youtube Partner Program is what allows normal youtubers to get access to premium features on the platform. It allows access to several income streams that allow you to earn through Youtube which includes options like Super Chat, channel memberships and the merchandise shelf. You need a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months to be a part of this program.
You can earn revenue through display, overlay and video ads on your channel. The features have eligibility requirements including being over 18 and the content needs to meet their advertiser-friendly content guidelines.
Once you gather a good number of subscribers, the standard being 10,000, you can start selling your merchandise through Youtube’s merchandise shelf. Once people start buying, you’ll earn a good revenue.
Super Chat & Super Stickers
Super chat lets your fans have the ability to get their messages highlighted in your live chats during your live streams. This feature is however a paid one and your subscribers will have to subscribe to it and this allows you to make money.
500 hours of video are uploaded to YouTube every minute and to stand out, you need to be able to create unique and creative content that not only is enjoyed by your audience but it also makes them want to come back for more. We hope this helped!