How to Make Money from YouTube in 2023

In the past, we have discussed many ways in which anybody can make money online. Today we’re going to turn our light on how to make money from Youtube.

With over 30 million users, Youtube leads and other sites under this category follow, considering so many aspects.

Talking about getting money from sharing videos online you can’t get it this good anywhere else but on youtube.

Thousands of people around the world make money from this platform and anybody can by acquiring the right knowledge. 

So, let’s go down to how and what it will take to make money from youtube.

Steps Involved to Make Money from Youtube

1. Create a Youtube Channel

After signing up on youtube, you need to create a channel. This is where you will upload your video and users will watch and subscribe to your channel.

Steps in creating your channel.

  • Close to the youtube logo, you will find a bar. Click on it.
  • You are presented with options, click on ” My Channel”.
  • A box comes up, on it you find “Set up your channel on youtube”
  • Update your channel with the information required.
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2. Your Niche

You should be careful here. As so many people have successfully made money from youtube via their channels, yet there are so many channels that have been abandoned.

Choosing your niche should not just be about money or what others are doing but living your passion. Choose what you like doing as that will keep you going in the long run. Also, choose a name that can easily tell viewers what your channel is about.

3. Contents

In any online endeavor, content is king to be more correct, I’d say unique content is king. No matter how small your budget or how immature your skills are, try to give your viewers unique content.

People in the same niche with you may be far off, don’t let it scare you, just start from somewhere with your own uniqueness and constantly look for ways to grow and improve.

4. Audience

You will need a lot of audiences if you are going to make money on the channel. So, strategy comes in, you must be able to present your content to users in a way that attracts them.

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You will also need consistency to keep existing subscribers while attracting new ones. One way of doing this is by using interesting titles so they click on them.

5. Monetization

Lastly, to make money from your content you have to turn on monetization. When you do this you have given youtube the permission to place ads on your contents for viewers to see.

How to turn on monetization:

  1. On the youtube website, click on “My Channel”
  2. Then click on “Video Channel”
  3. You will see where you have “Enable Monetization”, click to enable.

That’s almost it but there are some requirements to meet before you can start earning.

Requirements to Make Money from Youtube

4,000 of watch time and 1,000 subscribers are needed for you to start earning.

After reaching the requirements, you then apply to Google Adsense. With Google Adsense, you make money from clicks by viewers on the ads shown to them while watching viewing your content.

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Money earned on youtube with Adsense is withdrawn through your Adsense account to your local account depending on what you choose as your withdrawal method. That’s when you reach the threshold of $100.

Hope this article helps? Learn how other ways to make mone online.

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