You may be wondering how much money YouTubers make. While some of the Highest Paid YouTube Creators earn millions of dollars from their videos, not every creator manages to make that much.

 

YouTube has changed the way creators earn money online and on the platform. Let’s take a look at the top 10 ways to can earn money on YouTube :

 

1st YouTube Ads: The most “traditional” way you can make money on YouTube is through ads that appear before or during your videos.

With several YouTube Ads format available, you’re able to control the placement of ads on your videos.

2nd Paid Sponsorships: Paid sponsorships are when brands and businesses pay or sponsor a content creator to pay, use or demonstrate their product in a video. While sponsorships are provided by brands to creators, it benefits both parties as well as the viewers.

To secure a sponsorship, show brands your past work, YouTube Analytics and engagement rates. Explain to them how you can bring value to their business with your content.

3rd Affiliates: Another way to monetize your YouTube videos is through affiliate programs.

When you are join an Affiliate marketing program you send your audience to a brand’s product or landing page via an affiliate link. If the user successfully makes a purchase, you earn a commission from the sale.

While not as lucrative as paid sponsorships, an affiliate program still generates extra income and even offer your followers a discount code.

4th Channel Membership:  YouTube channel memberships are a monthly subscriptions in exchange for exclusive perks. Creators can give exclusive offerings to channel members, such as product discounts

5th Merchandise: YouTube channels with more than 1K subscribers can sell merchandise via a merchandise shelf that appears on each video page. If you’ve built a strong brand community, you can open up another revenue stream by selling branded merchandise to your fans on YouTube.

This is particularly useful for YouTube creators who may not have their own website and want to sell merchandise to their followers.

6th YouTube Shorts: In May 2021, YouTube launched a $100 million fund exclusively for Shorts creators. This money is to be distributed each month to YouTube Shorts creators over 2021-2022.

This means every month, Creators can make anywhere from $100 to $10,000 depending on the engagement and views on their Shorts videos.

7th YouTube Premium: YouTube Premium is a subscription service offered by YouTube. Members can watch ad-free content, download videos, enable background playback and more.

So, how does this affect monetization? Will creators monetizing their videos via ads still get paid if YouTube Premium members watch their videos? Fortunately, yes.

Creating and publishing videos is not just great for brand awareness. It’s also an excellent way to support you by monetizing on YouTube.