Usually, YouTube channels upload their content on YouTube while people search for videos and watch them as their taste or demand.
The world is watching 1 billion hours of YouTube videos daily. Many of us want to know how to make money on youtube but don’t have information to do so.
It is said to be the more video gets viral, the more YouTube channels make money through it.
In this article I will give you complete step-by-step guidelines on how to make money on YouTube in 2020.
How to make money on YouTube in 2020?
Table of Contents
Become a YouTube Partner
Becoming a YouTube Partner means that YouTube will give us access to special monetization features including the ability to show ads, display merchandises and much more.
YouTube Partner Program allows us access to a range of money making channels, including premium membership rates and a merchandise shelf.
Here is how to become a Partner for YouTube:
Start a channel.
Simply create a YouTube channel by the login with Gmail details. Start making videos according to a specific niche of your interest.
Try to upload your video content daily. It must be innovative with a high definition camera results and clear sound.
Meet the YouTube Partner Program criteria.
In 2020, the criteria for Joining the YouTube Partner Program is that your channel should reach 4k watch hours and 1k subscribers with the past 12 months.
Once you have completed or surpassed these number you can apply for the program.
Apply for YouTube Partner Program.
When you meet the necessary criteria, taking these procedures, you may submit an application to join the program:
i. Go to the YouTube site on top right. Tap the account button, and pick Creator Studio.
ii. On the left-hand side, click Channel. Then, select Status and Features.
iii. Click Enable under the box which says Monetization.
ix. Agree to the terms of the YouTube Partner Program.
Setup an Adsense account.
You need to set up an AdSense account linked with your profile as part of the registration process to ensure you receive and get paid money from your videos.
Keep in mind that you can only have one such account and link multiple channels to the same account.
Once you have applied to become a YouTube partner and set up your Adsense account, at this point now they will review your account both automatically and humanly as the channel fulfills the YouTube Partner program criteria or not.
Explore new monetization options.
There many other ways to monetize your Youtube channel but keep in your mind that you must have to fulfill its eligibility criteria.
Running an advertisement is the best way to make money of YouTube. Make money by displaying, overlaying or video advertisements next to your content.
You must me at least 18 years old or have a legal guardian who wants to manage the payments to do so. Your content also has to meet the guidelines for advertiser-friendly content.
Offer special offers to channel members who make recurring monthly payments. To utilize this feature of YPP you must be at least 18 years old and have 30k subscribers.
Earn money from fans who pay to get their messages highlighted in chat streams. You must be at least 18 years old and live in a country that offers Super Chat.
YouTube premium revenue
Get a part of the membership fee for a YouTube Premium subscriber when they view your videos.
Sell your own branded merchandise for your fans or supporters by putting them on the merchandise shelf. You must be at least 18 years old and have 10k subscribers to unlock this feature.
Create Sponsored Content
If your channel gains traction you can become an influencer with sponsored content and make money on YouTube. You may be able to profit by endorsing branded products once you have a large and committed following.
Search a brand to sponsor
When your number of subscribers increases, brands may start reaching out for collaborations.
When this happens, studying the brands and their goods is a smart idea before they are advertised on your site.
Endorse items that fans can honestly recommend to avoid sacrificing the quality of their content.
When you’re thinking about a particular company you’d like to sponsor, you should reach out to them yourself to explain how they’d benefit from partnering with you
For example, you might tell them why your target audience is important, how many people your channel is subscribed to, and how much interaction your videos get
Create branded content
When you’re working with a company, you can promote them on your platform in many ways.
For example, you can create whole brand-focused videos or integrate the brands into other video material.
For starters, many beauty influencers sponsor beauty products as part of a broader tutorial on the makeup.
Become an Affiliate Marketer
Another choice is to sponsor Affiliate Marketing goods and brands. As an affiliate marketer, you will get a special connection to a website of a client that will track back to your account.
If people use the link to purchase from the product, you will get commissions from the sales.
Because the company only pays you when you make purchases-instead of merely promoting their products-you don’t need a huge following to get started.
Join an affiliate program
Several affiliate programs are available to join. A common choice is Amazon Associates, which provides a discount of up to 10 per cent to those new to affiliate marketing.
Many major retailers including Target and BestBuy also have franchise systems. Consider affiliate marketing platforms such as: for even more options