6. YouTube Shorts Fund
YouTube Shorts are short, vertical videos, mostly generated with a smartphone and posted straight to YouTube using the YouTube app, similar to how Instagram Stories are uploaded to Instagram. The maximum video length for a YouTube short is 60 seconds.
So how do you as a creator make money from this? A $100 million fund for YouTube Shorts is distributed between 2021 and 2022. YouTube Shorts monetization began in May 2021 with this initial stage.
Only the creators of YouTube Shorts who match the fund’s criteria will be compensated. The following requirements must be satisfied to be eligible for YouTube Shorts Fund rewards:
- In the previous 180 days, upload a qualified short.
- Your channel complies with the YouTube community guidelines, copyright restrictions, and monetization guidelines.
- For the YouTube Shorts platform, content must be original and distinctive.
- Re-posting videos from other video platforms or uploading movie clips from other sites is not permitted.
- The creator must be at least 13 years old.
7. YouTube Premium Revenue
YouTube Premium allows creators to replace YouTube ads with ad-free viewing to generate an additional source of revenue. Subscribers to YouTube Premium do not see any advertisements, regardless of who generated the content. Instead, a percentage of the membership money received by YouTube Premium is distributed to the content creators who created the video.
A user’s monthly money is distributed between the creators whose videos they have seen the most during the month if they have a YouTube Premium membership. If you’re already a monetized creator, all that is required is that your content is watched by YouTube Premium subscribers.
8. Sell Online Courses
Creating and selling online courses are fantastic methods to generate money on YouTube. Offering an online course is a great way to make your skills more marketable to your audience. As long as your course offers something of value to your subscribers, they’ll be more than happy to invest their money and sign up.
An online course might be in the form of an e-book or a video. Remember that whichever format you use, be sure to provide high-quality content that impacts your audience and delivers value. It is easy for people to know if you underdeliver, which can make people start doubting your services or stop interacting with your channel. As a result, you can lose out on a lot of potential income.
9. Sell Merchandise
If you want to make money from your audience, you should consider selling merchandise to them. Buying shirts, caps, and notebooks is a great way for subscribers to demonstrate their support for your channel. This approach is the most effective for channels with larger audiences.
If you want to sell your designs, you can upload them to Printful or Printify’s online platform, where consumers can purchase them and get them by mail straight from the platform. The good news is that you don’t even need to be involved in the process.
In addition to boosting your channel’s subscriber count, selling branded products is a terrific method to monetize your YouTube channel and earn visibility for your business online and offline.
It’s easier to make money by selling merchandise than using AdSense. Rather than depending on the number of hours watched or views accrued, you’re banking on a steadily expanding fan base to keep buying your merchandise. You must be 18 years old and have 1,000 subscribers or have an Official Artist Channel to use the merchandising feature.
10. Super Chat and Super Stickers
Another excellent technique to generate money on YouTube is via Super Chat and Super Stickers. This feature is accessible to you as a YouTube Partner when live streaming. Super Chat or Super Stickers may be activated in a live chat for a small fee to make your subscribers’ messages stand out from the rest.
They will also receive personalized badges and emoticons during your live sessions. In addition, they get access to members-only benefits like live chats with you. To be eligible, you must be at least 18 years old and reside in a country where Super Chat is available.