YouTube is one of the most popular video-sharing platforms, with millions of users and billions of views every day.

If you have a blog adding a YouTube channel is a great way to generate extra passive income.

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Making money on YouTube is possible even without creating videos or any other form of content.

Read “How to Start a YouTube Channel“ if you don’t already have one.

In this article, we’ll cover the different ways to make money on YouTube and provide tips on how to maximize your earnings.

How to Monetize Your YouTube Channel

The first thing you need to do to start making money on YouTube is enable monetization on your channel.

This will allow YouTube to display ads on, above, or during your videos. When this happens you’ll earn a share of the revenue generated from those ads.

However, you can only apply for YouTube monetization once you’ve reached 1000 subscribers and 4000 watch hours within 12 months.

Disclosure: Some of the links in this guide are affiliate links, and I will get a small commission if you use them and complete a purchase. This is at no extra cost to you. Thanks for your support.

Before applying, make sure the YouTube partner program is available in your country, and be sure to follow their policies.

Here’s how to enable monetization on your channel:

Once monetization is enabled on your channel, you can start earning money from your videos.

There are many different ways you can start monetizing your YouTube content beyond ads.

Making Money on YouTube: The Different Ways

As a content creator, you can earn income from your YouTube channel.

However, to make money with YouTube, you need to have a clear understanding of your niche and create content that aligns with your audience’s interests.

The content you create should be unique, engaging, and relevant to your target audience.

Making money on YouTube doesn’t require a large audience, but having an engaged audience is crucial to your success.

You can promote your channel on social media platforms, collaborate with other creators, and engage with your audience through comments and live streams.

YouTube offers several ways to monetize your content. The most popular methods include:

1. Advertising Revenue

You can earn money by allowing YouTube to place ads on your videos. Advertising revenue is the most common way to make money on YouTube.

As mentioned earlier, to enable ads on your videos, you need to join the YouTube Partner Program.

Once you’re approved, YouTube will place ads on your videos, and you’ll earn a share of the revenue generated by those ads.

The amount you earn depends on various factors, such as your niche, the number of views, engagement, audience demographics, and the type of ads on your videos.

You should aim to create videos that attract high-paying advertisers. They are more likely to pay more for ads that are shown to an engaged audience in high-income countries.

You should also pay attention to watch time and views, as these metrics can boost your ad revenue.

2. Affiliate Marketing

Affiliate marketing is a way to earn commissions by promoting other people’s products or services.

You can promote products from different companies on your YouTube channel by including affiliate links at the top of your video descriptions and mentioning them in your video.

You can also create dedicated videos promoting products or services.

To be successful with affiliate marketing, you should promote products or services that are relevant to your niche and audience.

You must always disclose that you’re using affiliate links to comply with YouTube’s policies. This also helps to build trust and will help you gain more subscribers.

3. Sponsorships

Sponsorships and brand deals are another way to earn money on YouTube, especially if you have a niche channel with a loyal audience.

Brands or companies will pay you to promote their products or services in your videos if they are relevant to their products.

A large and engaged audience is your golden ticket to getting sponsorship deals.

You can approach brands you’re interested in directly or use influencer marketing platforms, such as FameBit, to connect with sponsors.

You should also create high-quality content that aligns with the brand’s values and products.

4. Merch Store

If you have a loyal fan base, you can sell merchandise, such as t-shirts, hoodies, mugs, etc., which is another popular way to monetize your YouTube channel.

You can also use third-party platforms, such as Redbubble, to create and sell your merchandise.

For your merchandise store to be successful, you need to have a good brand and a loyal audience.

You’ll also need to invest in creating high-quality products that align with your audience’s interests.

5. Channel Memberships

With channel membership, you charge viewers a monthly fee to gain access to exclusive content and perks.

Memberships can be an excellent source of recurring revenue for your channel.

To be eligible for channel memberships, you need to be 18 or older, have at least 30,000 subscribers, and meet other requirements set by YouTube.

To offer memberships, you need to create custom badges, emojis, and other perks for your members.

You can also offer early access to your videos, behind-the-scenes content, and other exclusive benefits.

You’ll earn a share of the revenue generated by memberships, which can range anywhere from $4.99 to $99.99 per month.

6. Super Chat & Super Stickers

Super Chat allows viewers to pay to have their comments or animated images highlighted during the live stream.

It is a great way to engage with your audience and earn additional revenue.

Viewers can purchase Super Chats in various amounts, which range from $1 to $500.

To enable Super Chat, you need to have at least 1,000 subscribers, be over 18 years old, and live in a country where they are available.

7. Fan Funding

Fan funding is a feature that allows your viewers to support your channel with monetary donations.

When your viewers donate, you get a share of the revenue, which can range from a few cents to hundreds of dollars.

You can also use call-to-action messages in your videos, asking your viewers to support your channel.

Crowdfunding platforms such as Patreon, Kickstarter, or IndieGoGo, can be used to promote your projects and accept donations.

You should also offer rewards and perks to your supporters to encourage them to donate.

8. YouTube Premium Revenue

YouTube Premium is a subscription-based service that allows users to watch ad-free videos and access exclusive content.

As a YouTube content creator, you can earn a share of the revenue generated by YouTube Premium subscriptions.

The amount you earn depends on the watch time and engagement of your content.

To maximize your YouTube Premium revenue, you should aim to create high-quality content that is exclusive to your channel.

You can also promote your exclusive content to your audience to encourage them to subscribe to YouTube Premium.

Tips for Maximizing Your Earnings on YouTube

You can increase your YouTube earnings by diversifying your income streams and investing in creating high-quality content that resonates with your audience.

5 tips to help you earn more money on YouTube:

If you want someone to hold your hand through the process of creating a profitable and successful channel click here.

wrapping up

You can create a YouTube channel and turn your hobby into a profitable business that generates passive income without using Adsense.

There are also a number of ways to make money beyond ads, from affiliate marketing to YouTube Premium.

By diversifying some of these monetization strategies you can create a sustainable income from YouTube.

Whether you’re a seasoned YouTuber or just starting out, you can build a successful YouTube career and earn a living doing what you love.

What are you waiting for start your YouTube channel today, build a career as a YouTuber, and get paid.

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