How to Make Money on YouTube (Without a Million Subscribers)
Who makes the most money on YouTube?
According to forbes these 10 channels were the top earners on YouTube from June 2017 to June 2018:
- Ryan's world. $22 million (22.4 million subscribers)
- Jake paul. $21.5 million (19.7 million subscribers)
- Dude perfect, $20 million (47.1 million subscribers)
- Dantdm, $18.5 million (22.3 million subscribers)
- Jeffree star, $18 million (16.5 million subscribers)
- Markiplier, $17.5 million (24.5 million subscribers)
- Vanoss gaming, $17 million (24.9 million subscribers)
- Jacksepticeye, $16 million (23 million subscribers
- PEwdipie $15.5 million (102 million subscribers)
- Logan paul, $14.5 million (19.9 million subscribers)
Do you get paid for uploading videos on YouTube?
Content creators aren’t paid by YouTube for the videos they upload. Neither are videos monetized by default. For you to start making money on YouTube, you have to enable monetization in your YouTube account settings. From there, you have options to join the YouTube Partners Program or have your videos listed on YouTube Premium.
How do you make money from YouTube?
There are a few takeaways from Forbes’ list, putting aside the millions of dollars made and subscribers gained.
First, YouTube channels can be monetized even if they don’t have millions of subscribers. Your earning potential isn’t determined solely by the number of subscribers and views you have, but also by the level of engagement you generate, the niche you cater to, and the revenue channels you explore. That’s not to say subscriber count doesn’t matter.
Second, this list of top 10 earners might give you the impression that the millions of dollars made comes directly from YouTube. In fact, each of these channels has its own line of merchandise. These channels found and built their audiences first, before launching their own merchandise. If making money on YouTube is in your marketing plan, the first step is the same for everybody: have a clear understanding of your target audience.
Who’s going to watch your YouTube channel?
Building your own audience puts you in a great position to MONETISE CONTENT in a variety of ways. But you’ll only be able to take full advantage of the opportunities you have if you understand the makeup of your audience.
For many YouTubers looking to monetize, the more niche your channel, the better position you’ll be in to work with brands looking to target specific audiences (more on that later).
How to make money on YouTube
Like learning HOW TO MAKE MONEY ON TIKOTOK or via blogging, your audience might unlock your YouTube channel’s earning potential. But when you create multiple revenue streams, through side side hustles or businesses, it's easier to monetize.
Luckily, there are several ways to accomplish this:
- Become a youtube partner and earn money from ads.
- Sell products or merchandise.
- Crowdfund your next creative project.
- Let your audience support your work through "fan funding"
- license your content to the media.
- Work with brands as an influencers or affiliate.
1. Join the YouTube Partner Program and earn money from ads
The first revenue stream you’ll likely explore is ads. Whether you want to earn money on YouTube without creating videos or as a content creator, joining the YouTube Partners Program and setting up monetization is a vital step. You can apply for monetization once you’ve hit 1,000 subscribers and 4,000 watch hours over the past year.
How to enable monetization on YouTube
- Sign in to the YouTube account you want to monetize.
- Click the icon for your account in the top right corner.
- Click YouTube Studio.
- In the left menu, select Other Features > Monetization.
- Read and agree to the YouTuber Partner Program terms.
- Create a new AdSense account or connect an existing one to your channel. (You need an AdSense account to get paid.)
- Set your monetization preferences.
Once that’s done, head back to the dashboard and click the Analytics tab on the left side. From there, you’ll need to choose Revenue from the tabs at the top, then scroll down to the chart Monthly Estimated Revenue to get an idea of your predicted revenue.
- Sign in to the YouTube account you want to monetize.
- Click the icon for your account in the top right corner.
- Click YouTube Studio.
- In the left menu, select Other Features > Monetization.
- Read and agree to the YouTuber Partner Program terms.
- Create a new AdSense account or connect an existing one to your channel. (You need an AdSense account to get paid.)
- Set your monetization preferences.
Once that’s done, head back to the dashboard and click the Analytics tab on the left side. From there, you’ll need to choose Revenue from the tabs at the top, then scroll down to the chart Monthly Estimated Revenue to get an idea of your predicted revenue.
2. Sell products or merchandise
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There are plenty of products to sell that can help you make money through your YouTube channel. Selling merchandise—t-shirts, coffee mugs, tote bags, snapbacks, you name it—has a benefit beyond revenue.
Merchandise increases your exposure by putting your online brand and personality out into the offline world and deepens the relationship between you and your fans as they literally “buy” into what you're doing.
AND THERE ARE ALSO SO MANY WAYS DUE TO WHICH YOU CAN MAKE ABSOLUTELY GOOD INCOME FROM YOUTUBE.
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There are plenty of products to sell that can help you make money through your YouTube channel. Selling merchandise—t-shirts, coffee mugs, tote bags, snapbacks, you name it—has a benefit beyond revenue.
Merchandise increases your exposure by putting your online brand and personality out into the offline world and deepens the relationship between you and your fans as they literally “buy” into what you're doing.
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