There are a few ways that you can make money on YouTube:
Advertising revenue: If you have a large enough audience, you can monetize your videos by enabling ads and earning a share of the advertising revenue. In order to be eligible for advertising revenue, you need to meet certain requirements, such as having a minimum number of subscribers and views. To enable ads on your videos, you will need to sign up for the YouTube Partner Program and agree to the terms and conditions. Once you have been accepted into the program, you can enable ads on your videos and start earning a share of the advertising revenue. The amount of money you can earn from advertising will depend on a variety of factors, including the size of your audience, the topic of your videos, and the type of ads that are shown.
Sponsored content: If you have a large and engaged audience, you may be able to earn money by creating sponsored content for brands. This may involve creating a video for a brand or promoting a product in your videos. To find sponsored content opportunities, you can reach out to brands directly or use a platform like SponsoredLinx to connect with brands looking for influencers. The amount of money you can earn from sponsored content will depend on the size of your audience, the topic of your videos, and the terms of the sponsorship agreement.
Affiliate marketing: If you have a channel that is focused on a particular topic, you may be able to earn money by promoting products related to that topic and earning a commission on any sales that result from your promotion. To get started with affiliate marketing, you will need to sign up for an affiliate program, such as Amazon Associates or Commission Junction. Once you have been accepted into the program, you can start promoting products and earning a commission on any sales that result from your promotion. The amount of money you can earn from affiliate marketing will depend on the products you promote, the size of your audience, and the terms of the affiliate program.
Merchandise: If you have a loyal following, you may be able to sell merchandise, such as t-shirts or other branded items, to your audience. To get started, you will need to create a design for your merchandise and set up an online store or use a platform like Teespring or Redbubble to handle the production and fulfillment of your merchandise. The amount of money you can earn from merchandise sales will depend on the popularity of your merchandise, the price of the items, and the size of your audience.
YouTube Premium: If you have a YouTube channel with a large and engaged audience, you may be eligible to join the YouTube Premium Partner Program, which allows you to earn a share of the subscription revenue generated by your channel. To be eligible for the program, you need to meet certain requirements, such as having a minimum number of subscribers and views. If you are accepted into the program, you can earn a share of the subscription revenue generated by your channel and access other benefits, such as early access to new features and tools. The amount of money you can earn from YouTube Premium will depend on the size of your audience, the popularity of your videos, and the terms of the program.
Each of these options listed above has its own set of requirements and potential earning potential, and it is important to carefully consider which option is right for you based on your audience, content, and goals. It is also important to note that making money on YouTube requires a significant amount of time, effort, and persistence, and there is no guarantee of success. It can take many months or even years to build up a large and engaged audience, and it is important to be patient and persistent in order to achieve your goals.