Who doesn’t desire to earn money? Everybody does, right! And there are several ways to earn money too, one of the most fun ways to earn money is using social media platforms.
BY GETTING YOUR CONTENT MONETIZED! Let’s talk about how YouTube monetization works.
YouTube monetization allows creators to earn money from the content they upload to the platform. In this process, YouTube displays ads on a creator’s videos, and the creator earns a share of the revenue generated from those ads. However, these methods typically require a larger audience and more established brand on the platform.
Here is a step-by-step explanation of how YouTube monetization works:
• YouTube’s eligibility criteria:
For creators to enable monetization on their channels, they must fulfil particular eligibility requirements. The requirements include meeting YouTube’s community standards and terms of service, as well as having at least 1,000 subscribers and 4,000 hours of viewing time in the last 12 months.
• Sign up for the YouTube Partner Program (YPP):
A creator can register for the YPP once they have met the requirements for eligibility. Through the programme, creators can earn money from their content and gain access to other features like channel memberships and a retail shelf.
• Enable monetization on videos:
Creators need to enable monetization on their videos to start earning revenue from ads.
- To access this feature, creators need to sign in to their YouTube Studio account and navigate to the “Earn” section in the left menu.
- From there, they can review and accept the terms for each available module that they are interested in.
- This provides increased transparency and control for creators, who can decide which monetization options best fit their channel and audience.
• YouTube ads
-YouTube offers several ad formats that creators can choose from, including display ads, overlay ads, skippable video ads, non-skippable video ads, bumper ads, and sponsored cards.
-Creators can choose the ad format that works best for their content and audience.
YouTube shares a portion of the revenue generated from ads with creators.
-The revenue share percentage depends on various factors such as the location of the viewer, the type of ad, and the advertiser’s bidding.
Before receiving money from YouTube, creators must exceed a payment criterion of $100. Once the criteria is reached, YouTube pays the producers using a variety of payment options, including as direct deposit, wire transfer, and cheque.
The Youtube monetization of a creator may also be influenced by other elements like, channel merchandise, audience engagement, video quality, and sponsored content. In order to get more viewers and boost their income, content creators must keep producing interesting and high-quality content.
So that’s all about How YouTube monetization works?