How To Make Money On YouTube: Passive Income For Videos

06/02/2023 07:49:17 +0000

An entire generation of people has grown up with YouTube as part of their daily lives, and there is so much content on the site.

Naturally, it's no surprise that many of these people have seen the opportunities available on YouTube to create their own businesses. But how can you make passive income from your YouTube videos?

In this article, we'll tell you everything you need to know about making money from YouTube and how you can establish a passive income. But first, let's talk about how you can make money from YouTube.

How Can You Make Money From YouTube?
You can make money from YouTube by making videos, but it's not quite as simple as uploading a video and getting paid. You need to upload your video and configure it for SEO.
Then you need to promote it to get more subscribers and viewing figures.

Once you meet specific criteria, you can become a part of the YouTube Partner Program, which you can apply to in order to earn money from ads and subscriptions.

However, there are other ways that you can earn money, but these aren't necessarily through passive income.

Are There Other Ways To Make Money?
There are other ways to earn money through YouTube.
Not all content creators can rely on the YouTube Partner Program, especially if it is their primary business. So they often look at sponsorships, where they promote a company or service in their videos.

Not all of the content from sponsors has to be directly related to the content that you're making, but it often helps to have a sponsorship from a brand that knows your content.

Most of the time, you can simply post your sponsorship content at the beginning or end of your video, so you can still make the content as usual.

You can also find endorsements, where businesses will approach a YouTuber to endorse their product so they can guarantee it to their audience. In order to endorse the product, the company will receive a fee.

Not everyone can be given endorsements and sponsorships, as they are only offered to those who have a large fanbase.

YouTubers can also make money through merchandise. Most YouTubers who are a part of the YouTube Partner Program need to have a minimum of 10,000 followers to sell merchandise on their channel.

It can be a great way to earn money, especially if you have a creative design to sell.

Don't forget that some YouTubers may also be able to offer Channel memberships, which is essentially a paid subscription that allows your viewers to access exclusive content.

Memberships are a great option for YouTubers with a large following and enough fans who would be interested in more content.

But if you don't enjoy being on camera, you may be surprised to learn that there are other ways for you to earn through YouTube.

What If You Don't Like Being On Camera?
Another method you can make money is by posting a podcast on YouTube. Many people who already have a podcast will also put it on YouTube, so there are more listeners who may find it if they don't have Spotify or iTunes.
You can make money in the same way as you would through any other YouTube video.

You should also consider streaming or playing games. You don't have to live and can even make your own avatar. You should also consider animation or even voice acting.

You could even make documentaries or travel videos where you don't have to be seen. Don't only limit yourself to vlogs, and you're sure to have a good time.

There are also ways to work freelance for other YouTubers.

Many YouTubers also look for editors to take some of the load off their shoulders, and they may also be looking for translation services so their content can be seen in other countries.

If you're a musician or artist, you could approach a YouTuber if they're looking for a piece of artwork or a theme for their work.

However, most of these options will not allow you the opportunity to make a passive income through YouTube. If you want a passive income, you should focus on joining the YouTube Partner Program.

How To Become Part Of The YouTube Partner Program?
To join the YouTube Partner Program, you need to have at least 4,000 watch hours in the past year and a minimum of 1,000 subscribers.
So, it will take some hard work and effort to reach that goal, but once you do, you can earn more through ads.

Then, once you are accepted, you can sign up for an AdSense account, where you can put your payment information and tax reporting info.

However, we should note that you can also choose which videos you want to monetize by turning the feature on or off.

When you join the YouTube Partner Program, you can earn anywhere between 30 cents to $10 per 1,000 views.

So you should still continue to make high-quality content, but you won't have to work as hard to get sponsorships and endorsements if you have the number of viewers.

What Is Passive Income?
Passive income is essentially an unearned income, as it requires minimal effort to obtain. It's not like active income that requires active participation to earn your wage.
Usually, passive income will derive from investments or other efforts that began with effort but now pay automatically.

If you want to earn passive income, you must put in the effort first, but the results inevitably pay off.

How Do You Get Passive Income On YouTube?
Judging by the definition above, you can easily see how you can make a passive income from YouTube.
The YouTube Partner Program is the main way to get a passive income, but you may also be able to obtain them through sponsorships and endorsements. However, this is only if you establish a large enough fanbase.

Once you join the YouTube Partner Program, you'll find that you can earn money through your channel.

While you still need to make great content to keep your audience interested and engaged, it's a lot easier when you have a large fanbase.

Final Thoughts
Overall, once you put in enough work with YouTube, you should be able to join the YouTube Partner Program and get a passive income.
However, it is a competitive market, so you should ensure that you always stay at the top of your game to promote your content to your fans.

If you would like more advice about generating a passive income online, why not look at some of our other articles on the subject?

Frequently Asked Questions
How Many Views On YouTube Do You Need To Make Money?
You need to have at least 1,000 subscribers and at least 4,000 watch hours in the last year. However, if you make shorts, you will need 10 million valid public Shorts views within the last 90 days and a minimum of 1,000 subscribers.
How Many Views Would You Need To Make $1,000 On YouTube?
If you wanted to make $1,000, you would need over 100,000 views, as they are generally charged at $0.03 per view.
About the Host
Sophie Howard is the founder of Aspiring Entrepreneurs, a community designed to help people develop the skills and confidence to build a business and a life that serves them. Sophie began online in 2013 with an Amazon firm, which she sold for more than $1 million in 2015.

Sophie has lectured on stages all around the world, encouraging and teaching other ambitious entrepreneurs. She has established instructional programs educating thousands of students how to sell online, in addition to releasing over 1000 products.

Sophie has also written a book titled "Aspiring Entrepreneurs: A Guide to Finding Your Best Path to Financial Freedom."
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