how to get paid on your youtube videos: 2023 The Best Practice

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How To Get Paid On Your Youtube Videos: 2023 The Best Practice

Joining the YouTube Partner Program

To kickstart your journey to earning on YouTube, one of the preliminary steps is to become a part of the YouTube Partner Program. Here's a brief on how you can achieve this:

  • Ensure you meet the eligibility criteria. This includes having at least 1,000 subscribers and 4,000 watch hours within the last year.
  • Apply for the program and get accepted.
  • Make sure to thoroughly read and agree to the program's terms and conditions.

Steps to Enable Monetization

Once you've become a part of the YouTube Partner Program, the next step is to activate the monetization feature. Here's a succinct guide on this:

  • Access your YouTube Studio and head over to the Monetization section.
  • For payments, you'll need a Google AdSense account. Create one or connect an existing account.
  • Set your preferences for monetization.

Diversifying Revenue Streams

Monetization isn't just about ad revenue. There are multiple avenues to explore:

Ads

By being a part of the YouTube Partner Program, you can start earning from ads shown in your videos.

YouTube Premium

Your content could be featured on YouTube Premium, giving you an opportunity to generate revenue.

Super Chat and Super Stickers

These offer a unique way to connect with fans during live streams and Premieres.

Affiliate Marketing

You can promote products or services and earn a commission for every sale made through your reference.

Merchandise Sales

Selling branded merchandise is a great way to earn while providing fans with physical tokens of their loyalty.

Crowdfunding

Setting up a crowdfunding account can be a way for dedicated viewers to support your channel.

Creating High-Quality Content

Content is king, and here are ways to ensure you're offering the best to your audience:

  • Ensure your uploads are of high quality and keep your audience engaged.
  • Never stop improving. With every video, aim to outdo yourself.

Monitoring Progress and Checking Eligibility

Stay on top of your game by monitoring the following:

  • Keep an eye on your subscriber count and track your watch hours via YouTube Studio.
  • YouTube will send notifications once you've met the requirements to enable monetization.

Tax Responsibilities

Earnings mean responsibilities:

  • Stay informed about potential tax liabilities on your YouTube income.
  • Understand how Google, the issuer of AdSense payments, handles tax-related issues.

Step-by-Step Tips for Success

Prioritize Content Quality

Prioritize creating high-quality content that retains viewer interest. Enhancing production values, maintaining viewer engagement, and offering informative content are essential.

Boost Subscriptions

The more subscribers you have, the higher your potential earnings from ad revenues. Encourage subscriptions through quality content and promoting your channel on various platforms.

Promote Your Channel

Using social media platforms like Twitter and Facebook, promote your content. Engage with your audience and foster a community around your channel.

Collaborate

Team up with fellow YouTubers. This not only introduces your content to a new audience but also provides fresh content for your viewers.

Engage with Contests

Running contests and giveaways can attract new viewers and boost channel subscriptions.

Valuable Insights and Facts

Consider the following:

  • In 2022, YouTube creators earned a staggering $15 billion.
  • A YouTuber with 1 million subscribers can expect to earn roughly $60,000 annually from ad revenue alone.
  • Top earning categories on YouTube are gaming, beauty, and music.
  • Optimal video length for engagement tends to be between 10-15 minutes.
  • The best times to publish content are weekdays between 3pm and 9pm EST.
  • Even without monetization, there are other avenues to earn, such as merchandise sales and channel memberships.

Hacks and Secrets for More Earnings

  • Optimization is key. Use relevant keywords in your titles, descriptions, and tags to boost search performance.
  • Evergreen content is content that remains relevant over time. Such content can attract viewership and revenue long after its initial upload.
  • If views are dwindling, consider paid promotions or promote more actively on social media.
  • Collaboration can often lead to exponential growth.
  • The key is to experiment and adapt. The more diverse your strategies, the better your chances of success.

Remember, building a successful YouTube channel requires dedication, effort, and time. Prioritize offering valuable content, engage with your audience, and continually adapt to ensure you maximize your earning potential.

Footnotes

  1. Shopify Blog ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  2. YouTube Support ↩ ↩2

  3. YouTube Creators ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12 ↩13 ↩14 ↩15 ↩16 ↩17 ↩18 ↩19

  4. Nerdwallet ↩ ↩2 ↩3 ↩4

  5. Hootsuite Blog ↩

  6. Wikihow ↩ ↩2

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