How To Monetize a YouTube Channel: A Step-by-Step Guide

What does “monetization” mean?

Before we jump into how to monetize your YouTube channel, let’s first talk about what exactly monetization means. When you monetize your YouTube channel, it means that you are able to earn money from your videos. When you upload a video to your YouTube channel, you have the ability to display ads either throughout the video or as a companion ad before/after the video. When the users watch your video, YouTube will display advertisements before, after, or throughout your video. If they click on an advertisement, YouTube will earn money and you will also get a portion of that money.

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How to monetize your YouTube channel?

The first step towards monetizing your YouTube channel is to enable the “monetization” option for your videos. You can do that by going to “Creator Studio”, clicking on “Video Manager” and clicking on the “Advanced Settings” tab. There you will see a “monetization” option; click on it and select the option “monetize my videos”. After you’ve done that, you will need to fill out a Google AdSense form. The form will ask you a few questions such as your website address, address and contact information, etc. Once you’ve filled out the form, Google will review your application and if they approve you, they will send you an email with further instructions on how to start monetizing your videos.

YouTube Ads

As we have already mentioned, once you have monetized your YouTube channel, you can start placing ads on your videos. There are a few different types of ads that you can place on your videos. You can either choose the “display” type of ad or the “search” type of ad. The “display” ads are the ones that are shown before or during your video, while the “search” ads are shown when the users are searching for something related to your video. The thing with display ads is that you don’t get to choose what ads will be shown on your video. You just have to hope that the advertisers that are relevant to your niche will show their ads on your video.

Google AdSense

Google AdSense is one of the most popular ways of monetizing your YouTube channel. With AdSense, you will be able to place text-based ads on the sidebar of your channel and videos. If your videos are about travel, for example, you might want to place an ad of a travel agency on your channel. If a user clicks on the ad, you will earn a percentage of the amount that the travel agency will pay to Google. While the percentage varies from one person to another, you can earn approximately $10 per 1,000 impressions. If you have a large following, you can also place text ads on your videos. If you choose to do so, make sure that you are adding value to your viewers and that you are not spamming them.

Partnering with Brands

Another way of monetizing your YouTube channel is partnering with brands. If a certain brand is looking for a YouTube partnership, you can definitely apply for it and see if you get selected. If you get selected, you will be able to earn money from your channel, and the brand will also get a percentage from the earnings. If you are someone who has a popular channel, partnering with brands can be a great way to earn some extra income. If you are interested in partnering with brands, make sure that your channel is as professional as possible. Always make sure to have good lighting, have a consistent theme, and have high-quality videos. If your channel looks unprofessional, the brands will not want to associate with you.

Final Words

Creating a YouTube channel is a great way to express your creativity and share your ideas with the world. But in order for those videos to reach a large audience, you need to find a way to monetize the channel. Instead of putting all your time and effort into creating videos, only to find out that you can’t earn a single cent from them, start thinking about how you can use your channel to make money. With these 16 ways of how you can monetize your YouTube channel, you won’t have to worry about going broke while creating videos.