I guess you’ve been thinking if you can really make money by making videos, huh? You are now in the right place. Let’s look into how to make money on YouTube and see if we can cash in on those views.
Impact Marketing Hub says that the average YouTube account makes about 1.8¢ per view, which adds up to $18 for every 1,000 views. However, it’s important to remember that the number of views doesn’t always mean that you’ll make money. AdSense lets YouTubers make between $3 and $5 for every 1,000 video views, according to Hootsuite. Don’t get too excited yet, though. Descript says that you might get closer to $2.50–$7.50 per 1,000 views after YouTube takes its cut. Good news: if you work at it regularly and use smart strategies, you might be able to make money from your YouTube account.
Is YouTube Money Real or Just a Pipe Dream?
First things first: is it possible for someone new to YouTube to make money? Yes, but don’t plan to quit your day job just yet. There are legitimate ways to make money on YouTube, but it’s not a quick way to get rich. Influencer Marketing Hub says that the average YouTube channel makes about 1.8¢ per view, which comes to $18 for every 1,000 views. Descript points out, though, that you might get closer to $2.50–$7.50 per 1,000 views after YouTube takes its cut. For beginners, the money can be pretty small. One travel-related creator with 1,370 subscribers said they made $100 a month from 23,000 views in a Reddit thread quoted by Influencer Marketing Hub. Another with 6,000 subscribers said they only make $60 a month. These numbers show that even though newbies can make money on YouTube, it usually starts out small and takes time and work to grow.
How to Start Earning on YouTube: The Basics
Step 1: Create Content That Slaps
Before you even think about making money, you need to focus on creating videos that people actually want to watch. Find your niche, be it gaming, cooking, or teaching people how to juggle flaming torches (maybe don’t start with that last one).
Step 2: Build Your Audience
You can’t make money without viewers, right? Focus on growing your subscriber base and increasing your watch time. Engage with your audience, respond to comments, and be consistent with your uploads.
Step 3: Join the YouTube Partner Program
This is where the money starts rolling in. To join, you need:
- 1,000 subscribers
- 4,000 watch hours in the past 12 months
- To follow YouTube’s community guidelines
Don’t stress if you’re not there yet. Rome wasn’t built in a day, and neither was MrBeast’s channel. According to YouTube’s official guidelines, these requirements ensure that channels have built an engaged audience before monetization. It’s worth noting that YouTube introduced a lower tier in 2023, allowing creators with 500 subscribers, three public videos in the last 90 days, and either 3,000 watch hours or 3 million Shorts views to access some monetization features like fan funding. While you work towards these goals, focus on consistently creating engaging content. Remember, building a successful channel takes time and patience. In search of a 100% safe and tested marketing strategy, some creators go into services like LenosTube, which claims to assist users reach 4,000 view hours in two weeks and enable monetization.
Show Me the Money: YouTube Monetization Methods
Once you’re in the Partner Program, here’s how you can start cashing in:
- Ad Revenue: This is the classic way to earn on YouTube. You get a cut of the ad money when people watch ads on your videos.
- Channel Memberships: Offer exclusive perks to paying subscribers.
- Merchandise Shelf: Sell your branded merch directly on your channel.
- Super Chat & Super Stickers: Fans can pay to have their messages highlighted in live chats.
- YouTube Premium Revenue: You get a portion of a YouTube Premium subscriber’s fee when they watch your content.
But How Much Can I Really Make?
Alright, let’s talk numbers. How much you can earn on YouTube varies wildly. It depends on factors like your niche, audience engagement, and how you monetize your channel.
On average, YouTubers make about $3 to $5 per 1,000 video views through AdSense. But remember, this is just a rough estimate. Some creators make way more, while others make less.
Tips to Boost Your YouTube Earnings
- Consistency is Key: Stick to a regular upload schedule.
- Optimize Your Videos: Use relevant keywords in titles and descriptions.
- Engage With Your Audience: Build a community around your channel.
- Collaborate: Team up with other creators to reach new viewers.
- Diversify Your Income: Don’t rely solely on ad revenue.
The Reality Check: YouTube Success Takes Time
Can you realistically make money on YouTube? Yes, but it’s not going to happen overnight. Building a successful YouTube channel is like growing a plant – it needs time, care, and the right conditions to flourish.
Most creators don’t see significant earnings in their first year or two. It’s a marathon, not a sprint. But hey, every YouTube star started somewhere, right?
Wrapping It Up
Remember, the key to YouTube success is creating content you’re passionate about. If you’re just in it for the money, viewers will see right through that. Focus on providing value, be authentic, and the rest will follow.
So, are you ready to hit that record button? Who knows, you might be the next YouTube sensation! Just remember us little people when you’re famous, okay?
Now go out there and create something awesome. Your future viewers are waiting!