Step Guide To Making Money On YouTube
YouTube, one of the top video streaming platforms has over one billion users. To put that number into perspective, that is about one-third of the people using the internet. People stream or watch videos on YouTube almost on daily basis.
We can safely say that if you are ready this piece, you are of course one of the over a billion that uses YouTube on daily basis.
You may have noticed advert displays when you watch other peoples’ video on YouTube. Google, the owner of YouTube display these adverts, they pay the person who own the YouTube channel and videos (the person who made the video) where they display ads a certain percentage of the total sum the organization or individual running the ads pay while they, Google keep the remaining.
YouTube has paid out over $2 billion to content creators who have taken the proper steps to claim their part of the earnings.
If you are a content creator or video producer and have not started making money yet on YouTube, please continue reading.
Who is eligible to make money on YouTube.
Just like we pointed out above, video content creators that is the good news.
However, the not too good a news is that most people who upload videos on YouTube will never make get their channels approved for ads display because of the stringent requirement to meet before Google can approve your channel.
Furthermore, so many others who managed to get their sites approved may not get enough pay to leave their regular jobs. For one to make money on YouTube ads, your video will have to attract quality viewers who are also ready to engage with the ads display in your video.
They must have to watch a decent portion of the ads displaying before clicking the “skip” button for you to earn. You can also earn when the viewer also click on the arrow that displays on the bottom of the video when ad is displaying.
Because of the billions of videos on display on YouTube from your Niche, it pretty difficult to reach the point of earning as much as a thousand dollars in a month.
We advise that you don’t quite your job or start planning your future based on your expected revenue from YouTube. However, if you are a video creator, you can start uploading your video on YouTube and probably start earning a side hustle.
Some of the most important eligibility requirement from Google are;
Video quality- The videos you plan to monetize most be HD videos in order to attract viewer.
Hours of watch time – Your account must have had at least 4,000 hours of watch time for it to be eligible for ads placement.
Numbers of subscribers – Your account must have at least 1000 subscribers for it to be eligible for ads placement.
To proceed, follow the steps below to sign-up for YouTube AdSense program so once you reach that threshold listed above, you can make money on YouTube!
Steps to Video YouTube Monetization
1: Set up your YouTube channel.
Create a Google account if you don’t have one already by visiting Google Account Creation page.
After creating your account, login to YouTube, click the Upload button in the top right of your screen, you will receive a prompt to create a new channel.
2: Create your video plan.
After creating your channel, you now need to make serious decision on the niche and videos your are going to be uploading. You need to create videos that are engaging enough to attract the viewer to subscribe to your channel.
The underlisted are some good video planning tips
- Ensure you understand your target audience
- Come up with a list of topics and script for videos that will appeal that target audience.
- You can create a schedule for your videos – say, one video every week. You’re more likely to attract more subscribers if you upload videos consistently and at regular intervals.
You don’t have to make videos the exact same way other people in you niche are making. Do something educating and entertaining at the same time. Study the videos of your competitors to know what works best that you can apply to your videos.
When you create a plan, try as much as it is possible to stick to it.
3: Enable monetization.
Having created a channel and drawn a comprehensive video production plan. The next step is to enable monetization feature on you channel.
Click on the Account icon in the top right corner of your screen. Next click on the Creator Studio button that appears.
Then you will see a menu on the left side of the screen, click on Channel, choose Status and Features in the sub-menu that opens under it.
At this point, you will see an option to enable monetization. Google may request your country before the monetization feature can be seen. If this is the case, follow the onscreen instruction to proceed.
4: Sign up for Google AdSense.
Having enabled monetization, click the Monetization option in the menu, this will take you to a page where you can start the process of setting up your Google AdSense account, or connecting an existing account to your channel. This stage is very important because this is where your revenues will be paid into by Google.
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After the steps above, simply select “Next” and follow the onscreen instructions to create your account.
5: Start loading good videos.
The is in practices, the most difficult part in this whole journey unless you are already in the business on making High Quality and High Definition videos.
Create the videos you have written the scripts and start uploading them to your channel.
Spend some real time working to make sure your videos are of good quality, especially educational, entertaining, or unique so that they’ll gain attention in an already crowded space. Getting the required attention from your target audience is by far the highest requirement for money making on YouTube.
6: Promote your videos.
Even if your videos are very interesting, educating and entertaining, people may not know that they are on YouTube if you don not promote them. Click here to contact one of our experts or call 08022066974 for optimizing your YouTube videos so it’s easier for people to find them.
7: Keep an eye on your analytics.
You need to install all the analytics tool you can for optimum analysis. Keep an eye on the YouTube analytics to figure out the videos and topics that gives you the best result. Those are you areas of strength. From the analytics, you can also know the demography of your audience and how they are discovering your videos. This way, you can do more purposeful promotional work on your videos.
From the analysis of the data you collated from the analytics, you can continually improve on the quality of your video production plan. The better your videos perform, the more you’ll be able to make on YouTube.
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Please do not be discourage if you not make money within the first couple of months you started monetizing your videos on YouTube. If video creation is your hobby, continue to improve, one day you will be discovered and your payday will come.
Keep your expectations realistic and stick with making videos of a type that you know you’ll enjoy creating, so the possibility of making money will simply be a nice bonus if or when you achieve it.
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