Not so many people know that YouTube pays for the video, which gets a lot of views. They usually pay 1/3 cents to 1 cent per view and if you get more views, they can pay a higher %. YouTube is owned by Google! Earnings are generated based on a share of advertising revenue generated when people view your video-the more views you get, the more money you’ll make!
For example: a video with 1,000,000 views x, 0033 = $3,300. This is the minimum you can make!
Who doesn’t know the legendary video ‘’Charlie bitmy finger’’? Well, the British parents of those two cute boys, ended up making over $150,000 from that video, which has 500,699,161 views in this moment!
A folk, like Philip DeFranco makes $181,000 per year. But the road of making money on YouTube isn’t smooth. It takes a lot of time, patience until you see the payout.
Here is the step-by-step guide on what you need to do and begin making money on YouTube:
1. Before you pick up your camera...
YouTube will not let you make money out off your video if it :
- contains something which you didn't create or get the permission from its creator to use it.
- shows people from whom you didn't get a permission.
- contains something inapropriate for kids.
- is a cover song, because cover songs don't count as original content.
2. Make an awesome video!
- Get a video camera.
- Record your kids or puppies ,and anything else that can turn a video into a viral hit.
- Edit your raw footage into a short and watchable video.
3. Upload your video on YouTube
While you are waiting to upload the video, come up with a catchy or simple and easily searchable title.
For example:' Charlie bit my finger', 'sneezing panda', 'David after dentist', or 'I don't love you mommy', which are very popular videos on YouTube.
4. Get videos out there regularly!
What separates Philip DeFranco from the other YouTube users is that he knows how to distribute and market his videos to maximize viewership.
You have to regularly upload videos that are viewed by thousands of YouTube users.
So, keep on making videos and distributing them to social networks and media outlets.
Grow your audience on YouTube and make sure that you get 5,000 subscribers, 50,000 channel views and over 1,000,000 upload views total.
5. Check your inbox
If one of your videos does well, YouTube will send you an email with this subject line:''Apply for revenue sharing for your video( Video title).''
So, even YouTube approved, you can only make money from the video mentioned in the email.
6. Apply through YouTube's Partner Program page
If you think you have enough video uploads and views, then you can apply directly for partnership on YouTube's Partner Program page.
Once approved, you'll be able to turn on revenue sharing for all your videos and you can even rent out your videos.
NOTE: If YouTube rejects your application, you will not be able to apply to the program again for 2 months.
7. Create a Google AdSense Account
Once you are done reviewing the guidelines, you need to link a Google AdSense account to your YouTube account.
This is how Google/YouTube will pay you for your awesome video(s).
Note: YouTube will only pay you once your video makes $100...
Be patient! YouTube could take up to 2 weeks to review your video.
8. Start making money!
Once you are approved, you can turn on overlay ads that pop up on the bottom of a video, banner ads that appear next to the video or pre-roll ads that play in front of your video.
If you followed these steps, you could end up like the YouTube stars making $100,000 per year!