Content creation is a great way to make money in this Digital Age. A world in which Social Media has almost taken over all the other information sharing and communication mediums. However, it also comes with a competitive market environment. Millions of ideas have already executed in this particular field. Millions more to come. Thus, it means only people with a distinctive creative approach and ability to transform their ideas into reality can be successful. Those days had gone when a single concept was enough to be viewed for hundreds of times. Bring state-of-the-art concepts into the industry and earn for your lifetime. That’s the only golden rule to survive this market.
YouTube is one of such platforms. It not only values newer ideas but also offers a great source to share it with the rest of the world. With reach to billions of people worldwide, you can not only showcase your talent but also can make money from YouTube. You might be wondering, what does YouTube pay? Moreover, how much do YouTubers make? Believe it or not, Millions of dollars! The money YouTubers can earn from a single video might be higher than your annual income. That’s a fact.
Still, how much does YouTube pay? Moreover, how much do YouTubers get paid? Well, it varies. Depending on the subscriber’s count and numbers of views you have, your earning is determined. One of the most common curiosities among the aspiring YouTubers remains, how much does a YouTuber make? The thing is, in the beginning, it is necessary to think about it but not too much. Some people only start their YouTube channel to make money. Such people never succeed. The reason is that, instead of pursuing their passion and polishing their skills, they are more focused on the money part. That’s why they are never creative enough to be successful on YouTube.
At the start, exclude the money-making part and focus on our talent. Devise ways to execute your thoughts and how to make them recognized globally. Only then you’ll be a YouTuber in a real sense. Ultimately, before you know it, you’ll be making money from YouTube.
How much does YouTube pay?
How much do YouTubers make? Your YouTube earning depends on many factors. Monetization, Minimum channel traffic, AdSense, Cost per Click (CPC) and Cost per Mille, (CPM), CTR, etc. All are necessary to consider in this regard.
Minimum Channel requirements
- 4000 watch hours.
- 1000 subscribers.
- Both achievements within a single period of 12 months.
In other words, 4000 watch hours and 1000 subscribers total, in the previous year. Moreover, that’s the least requirements. Without it, you would not be eligible to register for Google AdSense and YouTube’s Monetization feature. Once you reach the minimum requirement, you can enable the monetization on your account.
Ways to make money on YouTube
How much does YouTube pay? As we all know, the core concept of YouTube lies in making videos. It doesn’t matter of which category, as long as your videos don’t violate their community guidelines and YouTube’s terms and policies. Just imagine, execute, create, upload, and publish.
Bonus tip don’t try to copy others. The more you keep your work original, friendly, engaging, and authentic for the general public, the more love, and support you’ll receive.
Popular Video Categories that guaranteed good money
- How to videos and Tutorials.
- Educational Videos.
- Tech Guides.
- Product Unboxing and Reviews.
- Vlogs and Travelogues.
- Web-Series and Short Films.
- Cinematic Sequences:
- Celebrity Gossips and the world of Glamour.
- Compilations.
- Skits and Vines.
- Live Game Streaming.
1. Affiliate Marketing
Affiliate Marketing is one of the best and most preferred platforms with the help of which you can make money from YouTube. As such type of YouTubers works on commission, thus, they try their best to bring in the maximum number of customers to the related companies. Depending on the number of sales and revenue of the company generated from the video references of these YouTubers, retailers pay commission. Now this commission can vary. The factors like YouTube Popularity, Audience Reach, Subscriber Count, and Views find excellent application in this regard. The more you possess more will be the commission.
For selling products of a particular company, YouTube affiliates can do product reviews, unboxing, or advertising videos for their audience whether they want to promote these products as such or recommend them to their spectators in between their video content. Affiliate Marketing offers the flexibility of this task. So, they can choose what best suits their audience. Therefore, saving them from unrelated brand endorsement and maximizing the audience engagement for their videos.
How much do YouTubers get paid?
In Affiliate Marketing, a YouTuber’s earning by the advertiser or the retailer is determined by three factors.
- Click-through Rate (CTR).
- Conversion rate.
- Commission.
Now, how much does YouTube pay you for 1 million views? Consider, if a YouTuber, on the whole, is making $5 and out of 1 million people who watched the advertisement 600 buy the product. The channel is making $3,000 per 1 million views from Affiliate Marketing.
2. YouTube Partner Program
To register for the YouTube Partner Program, you need to fulfill the minimum channel requirements, as stated above. How much does YouTube pay? Now, with the help of the YouTube Partner Program, there are two types of advertisements from which money can be earned.
- Cost per Click (CPC): You get paid according to the number of clicks an ad on your video has received from the viewers.
- Cost per Mille (CPM): Now it’s more rewarding but also a difficult way to make money from YouTube. Your viewers have to watch at least half of the advertisement without skipping. On average, in CPM advertisement, the advertiser pays $18 per 1000 views. From which Google keeps 45% of the amount. Therefore, leaving you with $9.9 per 1000 views.
To receive your payment, you’ll need to register with Google AdSense and link it to your channel. So that advertiser can pay you, per view or click, accordingly. However, you’ll only be able to direct deposit your amount only when your AdSense account has reached $100 at least.
3. Brand Sponsorships
Brand sponsorship is the most effective and easiest way to earn from your YouTube videos. Brands can ask a YouTube to make either of the following types of videos.
- A pre-produced sponsored video (Sponsoring a video before its production), marketing their products, advertising product launch, company event or reviews.
- Sponsor a post-produced, ready to publish the video.
The only difference is that the first type of sponsorship can be more effective as the main idea of the video lies on a particular product. While in the second type, a YouTuber makes usual videos and in between any part of that video, advertises brand’s product and connects it to the idea of that specific video.
Brands and Companies mostly pay $10 to $50 for every 1000 views for sponsorship. Thus, if a video reaches 1 million views, a YouTuber can make an amount anywhere between $10,000 to $50,000. That too, form a single video. Pretty amazing, isn’t it? That’s why the YouTubers widely prefer brand sponsorships themselves than any other sort of monetization.
4. Merchandise and Fan Donations
Selling your brand-customized clothing, culinary, bags, or hats after achieving appreciable audience reach can be a way of making money from YouTube. You can easily highlight these products in your videos and advertise. For purchasing, add a link to the related e-commerce sites in your description. It will not only help you boost your merch sale but also bring more followers to your channel.
Donations are the last option when a channel is running in loss. If you have a dedicated audience who love your channel and work and would do anything to keep it going, fan donations are the solution. A YouTuber can ask such a following to collaborate in its process of updating gear, and content quality by donating money through platforms like PayPal. The concept of fan donations is pretty rare on a platform like YouTube. However, for some, it’s also an excellent way for channel upgradation. You might get an appreciable amount of money from your spectators, for your gear update and would be unable to make any personal earnings.
A Few Famous YouTubers And Their Estimated Annual Earnings
- Jeffree Star (America): $18 Million.
- Logan Paul (America): $12.5 Million.
- PewDiePIie (Sweden): $12 Million.
- Lily Singh (Canada): $10.5 Million.
- Smosh (America): $8.5 million.
- Roman Atwood (America): $2.5 Million.
Making money from YouTube isn’t that much difficult. All you need is a creative approach for your passion and the ability to perform. In the initial stages of your YouTube career, there might be no earning at all, but that is not the concern. Work hard on your skills and maintain the originality of your content. It may take some while, but the right audience will find you ultimately. Therefore, within months, just like others, you’ll be making millions!