34 Ways to Make Extra Money in 2022. How to gain money

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How to Make Money on YouTube: 7 Effective Strategies

If you’re wondering how to make money on YouTube, look no further than these 7 strategies to monetize your channel and get creative.

Okay, ad revenue is the most obvious way to make money on YouTube. But that’s not the only way – or, frankly, the best way.

(Spoiler: The best way to make money with YouTube is all the ways.)

YouTube is half the internet: 1.9 billion users log in every month. But at the same time, 500 hours of videos are uploaded to the site every minute.

So, you already know that this article will not be about how easy it is to buy a Swiss watch with ad revenue from YouTube views. (Although if you have millions of video views, you could probably at least rent one. Wait, don’t.)

Read on and we’ll show you 7 ways to monetize your YouTube channel with step-by-step instructions.

Bonus: Get the free 30-day plan to quickly grow your YouTube, a daily set of challenges to help you start growing your YouTube channel and track your successes. Get real results after just a month.

How to make money on YouTube

1. Join the YouTube Partner Program

The YouTube Affiliate Program is how regular YouTube users gain access to special features on the platform.

You don’t need to be an affiliate to monetize YouTube (just sign up for an AdSense account and get views), but affiliation makes the job a lot easier.

YouTube partners have access to multiple streams of income: not only video ads, but YouTube Premium subscription fees, and features that directly impact loyal fan wallets, such as Super Chat, channel support, and the product shelf (more on that later.)

Step 1: Start a YouTube channel

Don’t worry, we have a handy guide for this. It’s called “How to Create a YouTube Channel.’

Step 2: Make your channel successful enough that it meets the YouTube Partner Program requirements

To join the program, you need at least 1,000 subscribers and 4,000 viewing hours in the last 12 months.

Step 3: Set up an AdSense account

Step 4: Explore your new monetization features

Each monetization channel has different eligibility requirements. For example:

  • Ad revenue: To monetize your ads, you must be 18 years of age or older and must create content that is advertiser friendly. Basically, the less controversial your videos are, the more YouTube advertisers will be able to display ads on them and the more you earn.
  • YouTube Premium Revenue: If a YouTube Premium member watches your video, you’ll receive a portion of their subscription fee. (This one is automatic, which is nice.)
  • Channel Membership: To sell channel support to your subscribers (ie fans choose to pay the additional amount), you must be at least 18 years old and have over 30,000 subscribers.
  • Merchandise Shelf: To sell off the YouTube merch shelf, you must be 18 years of age or older and have a minimum of 10,000 subscribers.
  • Super Chat Payments: If you want your fans to be able to pay to have their messages featured in live chat during a live broadcast, you must be at least 18 years of age (and reside in a country where this feature is offered).

Step 5: Submit to ongoing reviews

According to YouTube, your channel will have a higher standard as a YouTube partner. You must follow not only the YouTube Partner Program rules, but also the Community Guidelines. Not to mention staying on the right side of copyright.

2. Sell your own merch

Maybe you identify yourself as a content creator first and secondly as an entrepreneur. (Just remember that even Drake sells T-shirts.)

Alternatively, you are the entrepreneur first and the video creator second, meaning you probably already have the product and are devising a YouTube marketing strategy to sell it.

Either way, gadgets are a viable way to earn money on YouTube.

Step 1: Imagine and design your product

The goods on your channel are meant to both represent and maintain the contact of recipients with you. This means that your merchandise should be unique.

Hawaiian YouTube star Ryan Higa released his Ninja Melk milk energy drink to capitalize on the popularity of his viral comedy Ninja Melk. While it also sells T-shirts and other goodies from its online store, Ninja Melk’s appeal is broad enough to have its own website.

And don’t worry: the company covers your vehicle with liability insurance of $ 750,000 and offers protection against theft and damage. 8 So let your tenant set out on the open road while you sit back and count the extra money.

How to Make Extra Money Online or From Home

1. Tutor online.

If you think being a tutor means you got good fives in high school and college, think again. It’s about what you know and how well you know it. Online tutoring companies such as Tutor.com, TutorMe, and Studypool hire tutors to share their knowledge with students on a wide range of topics.

Dave’s simplest money-saving tip: make sure you’re not overpaying for car insurance.

Just make sure you are careful when considering which tutor to take. Some users of these on-demand tutoring sites are actually just looking for someone to write an essay or do their homework for them. Be smart when browsing the adverts.

2. Become a user experience tester.

Every business hopes its website has great information, achieves its goals and – oh yes – makes money. But if something doesn’t work, the company needs to know why, and many of them turn to user experience testers to give their feedback.

Can you know if a website is user-friendly by just taking a few minutes to scan the page? Companies like UserTesting or TryMyUI will pay for your opinion. Most of them boast that you will get $ 10 for every 20 minutes they complete! 1

3. Take surveys.

Take a look at survey sites such as MyPoints or Survey Junkie, where you’ll only get paid for completing the surveys and expressing your opinion. Sounds like a pretty sweet deal, doesn’t it? Just remember that these sites are looking for really specific things when people choose. So you may not be eligible for every survey you come across.

Additionally, you will need to complete a certain number of surveys before you can cash out your points. This is by no means a get-rich-quick plan, but that extra cash can accumulate over time. If you are patient and persistent, give it a try!

4. Get cash back from apps.

There are many mobile applications that can show you how to earn extra money by following simple steps. We are talking here really, very easy – how easy it is to grab the phone and scan the receipt. Check out mobile apps like Ibotta, Rakuten, Shopkick, Receipt Hog and Dosh for extra cash without too much work on your part.

5. Teach English.

It’s a bit like following the tutoring path, except you teach English at a company like VIPKid (a big fan favorite in our Ramsey Baby Steps Facebook community). Now, if the word “teach” bothers you a little, don’t worry. They will take care of all the lesson plans and grades for you. But you must be willing to help others learn and be willing to teach online. Are you getting paid by helping others? This one is beneficial!

6. Get paid for your creative skills.

You have creative abilities, but you just haven’t hooked up with someone who needs your amazing work. Why not work as a freelancer in my spare time with Fiverr? The site brings together freelancers specializing in writing, editing, graphic design and teaching with clients who need creative minds in their corner.

You will create a profile (almost like a resume) that potential employers can scan to check your experience, rates, and specializations. Get ready to stimulate your creativity!

7. Offer your services as a virtual assistant.

If you are organized, love a good challenge, and want to work from home, this could be the perfect opportunity for you! Plus, who doesn’t like a little variety in their workday? Chances are most business owners can use your help when trying to find a better work-life balance. Check out sites like Upwork and Zirtual for opportunities to get started helping.

Ways to Make Money on the Side

10. Get paid for your photos.

Are you shutter error? Do you have photos of gorgeous sunsets and perfectly directed lattes cluttering up your camera? You can earn extra money for your photos without having to be a professional photographer. Foap pays up to $ 10 per picture (some might get more for special “missions”), but they’ll take 50% of your sales too. 2

Remember that there is no guarantee that people will buy your photos. But even if you only sell a few, it’s easy to earn money for something you’ve already done.

11. Drive for Uber or Lyft.

If you don’t have the money but want to work on your own schedule, you might consider becoming a driver for Uber or Lyft. You can drive as much (or as little) as you want and set your own schedule. Plus, you get the added bonus of interesting conversations along the way (or at least fun stories to tell about your travels with strangers).

Of course, the amount of money you earn depends on your location and how often you drive people. So if you have a Saturday off every now and then, you can spend it as a glorified taxi driver visiting your city and making money for it.

12. Become a food delivery driver.

Since the old pandemic in 2020, many restaurants have closed their dining rooms or are stuck with limited seating. So what does that mean? More to go! Become a hero by delivering food to the verandas of your city. Driving for Uber Eats, Grubhub or Postmates is a great way to earn extra money in your spare time by simply delivering food to your hungry customers. Bonus points: Your car will smell amazing. We’re a little jealous.

13. Join a focus group.

If you like to share your opinion, why not get paid for it? Check to see if there is a local focus group in your area or on the internet. You can only earn money by doing taste tests or trying out different products. Just make sure you match the type of things they are looking for before applying.

14. Deliver groceries.

If you love the thrill of shopping but don’t want to spend your own money, you might be interested in this. With Shipt, you get paid for shopping and delivering groceries to your customers via an on-demand service. According to the company, their buyers earn up to $ 22 an hour! 3 Receiving payment for purchases? Register!

15. Take up babysitting.

Teenagers usually have a corner in the childcare market. But there’s no reason why you shouldn’t get caught up in it. And truth be told, it might be easier than you think to get a concert. Most parents will take the opportunity to date. But sometimes it can be difficult to find a babysitter they trust.

Let people in your group of friends, church, and workplace know that you enjoy watching their kids in your spare time (they have to pay you, of course). And if spreading messages through word of mouth is a bit awkward for you, you can always sign up with a service like Sittercity or Care.com to help you find a job as a babysitter.

16. Start pet sitting.

Are you an animal lover at heart? How about making some extra money by taking your dog for a walk or by going to your cat for the weekend? You can advertise your own pet care business on social media, post signs in the area, or use a website like Rover. They allow you to set your own schedule and set your own service fees. If you are using a Rover remember that it takes some of what you do. 4

Hawaiian YouTube star Ryan Higa released his Ninja Melk milk energy drink to capitalize on the popularity of his viral comedy Ninja Melk. While it also sells T-shirts and other goodies from its online store, Ninja Melk’s appeal is broad enough to have its own website.

Conclusion

Earning money online can help you earn extra money from your side jobs, but it can also help you get away from a 9 to 5 job so you can become a full-time entrepreneur. By brainstorming online business ideas and deciding to start an online business, you gain more financial freedom, improve your financial security, and are one step closer to living on your own terms .

If you are looking for more ideas to earn money online, be sure to check out Shopify’s post on 25 Easy Ways to Make Money From Home.

It is really possible to earn a living online if you work hard and stick to it. So which side of the hustle and bustle will you try first?

28 Business Ideas to Make Money Online

Want to Learn More?

FAQ’s on How to Make Money Online

1. How can you make money on the Internet now?

The truth is, there are viable ways to make money online – millions of people do it every day. From freelance digital nomads to seasoned marketers to emerging entrepreneurs, there are plenty of business ideas you can try at home with your laptop, a solid internet connection, and hard work.

2. What are the best jobs for earning money online?

There are so many jobs you can make money online, but a few seem the most lucrative. Dropshipping and printing on demand can be started with little investment. Starting a blog or becoming a writer can be a more long-term investment in earning money online. One thing is for sure – there are many jobs that pay well online.

If you want to make a quick buck, it’s a good idea to sell old CDs, DVDs, Blu-rays and games that clutter your room. Almost everything is digital or streamed anyway these days.

Online market trading

While it’s not necessarily an easy way to make money, investing in stock markets can be profitable if you learn to do it properly and safely. For the same reason, you can suffer significant losses if you don’t take it seriously.

Today, there is no need for yacht financing in the Wolf of Wall Street style. You can do it all yourself by using online trading platforms.

After spending hours researching this new feature, I experimented with the popular eToro.com platform.

eToro has over 12 million users worldwide and offers free training accounts. It was featured in the BBC 2 documentary “Traders: Millions by the Minute” and sponsors several Premier League football clubs.

Trading stocks on eToro is not currently available in the US.

etoro trade

One of the best things about eToro is the CopyTrader feature. This allows you to literally see, track and copy the investments of other top traders.

Follow George’s full guide to trading on eToro to learn more. I think $ 50 is a good amount to get the most out of the learning curve by trying out a few different markets. If nothing else, you will learn a lot about different investments and industries.

Start your own website

Interested in generating passive income? You need a website. It’s a way to earn money while you sleep.

It takes less than 20 minutes to get a website up and running with Bluehost, costs almost nothing, and can be done by an 82-year-old. Just a little bit of hooking up to social media to attract first-time visitors, and there are plenty of ways to monetize your site.

Save the Student is just one example of a successful website that was founded at the university by Owen Burek in his freshman year and has since grown into a full-time and large enterprise.

To earn money as an influencer, you can charge for sponsored posts, spoken performances, create your own online store and sell products, add affiliate links in your biography, sell your photos, sell ads in your own podcast, earn money as a brand ambassador, create a book, get paid for appearances at events and more.

Pick up tasks on Amazon’s Mechanical Turk

Even in the age of automation, some jobs still require a human touch. Companies often outsource this work through services like Amazon Mechanical Turk. As an “employee”, the tasks you get can be tedious – tagging images, rewriting videos, categorizing receipts – and can take anywhere from minutes to hours. Temporary employers or “principals” set a price for each job and approve the finished product before paying. This can leave room for fraud, so do your research. Join a community like the MTurk Crowd forum or the MTurk and Turker Nation subreddits that can distract you from the sly dealers. These communities and fellow “employees” can answer questions and give a realistic picture of how much money you can expect.Read more about Mechanical Turk as a way to make money fast online .

Total time: a few days to find out if you have been approved. Configuration: Depends on the selected task. How easy to get started: Easy if you have certain skills. Age threshold: 18+. Speed ​​of Payment: You get paid once your work is approved, which can take up to 30 days.

It’s not clear how long it takes Amazon to review your application, but according to the MTurk subreddit, it may take a few days for it to know if you have been approved or rejected.

After submitting the work, the applicant has 30 days to approve it.

You can deposit your earnings into your bank account or put on an Amazon gift card.

Aunt Betsy gave you a PacSun gift card for Christmas and you didn’t even set foot in this place. Instead of letting the gift card collect dust, sell it! Sites like Raise allow you to sell unwanted gift cards and earn a little money from them. After all, every gift card deserves a loving home, right?

Understanding your audience on YouTube

If you want to know how to make money on YouTube, you need to know who you are getting paid from. Building your own audience puts you in a great position to monetize your content in a variety of ways. But you will only be able to use your full potential if you understand the composition of your audience.

For many video makers looking to monetize YouTube, the more niche your channel is, the better your position will be when working with brands that want to reach a specific audience (more on that later).

YouTube demographics

You’ll want to pay special attention to:

  • Gender of your audience, to see if it is leaning towards one particular group
  • The age range that most of your audience belongs to
  • Geographic location – countries or cities – where your videos are watched
  • Overall audience engagement or “watch time”

This demographic information will help you understand your audience better and be better able to collaborate with brands. All demographics can be obtained from YouTube analytics, but to compare your own channel with others, try a tool like Social Blade.

That aside, we can start talking about the different ways you can start a YouTube channel and earn money.

How to get paid on YouTube

Your viewers can unlock the earning potential of your YouTube channel, as is often the case with Instagram influencers or bloggers, but it is creating multiple revenue streams, either through side fuss or businesses, that helps you earn money.

Fortunately, there are some creative ways to monetize this channel. Here are some ideas for making money with YouTube:

Let’s take a closer look at how to get YouTube money through each of these streams.

1. Join the YouTube Partner Program

The first revenue stream to help you monetize YouTube that you will likely discover is advertising. Whether you want to earn money on YouTube without making videos or as a content creator, joining the YouTube Partner Program and setting up monetization is an important step.

You must agree to follow all YouTube monetization policies and live in a country or region where the YouTube Partner Program is available. Then you can claim earning after reaching 1000 subscribers and 4000 viewing hours in the last year.

Here’s how to make money on YouTube by turning on monetization:

  1. Sign in to the YouTube account you want to monetize.
  2. Click your account icon in the upper right corner.
  3. Click YouTube Studio.
  4. In the menu on the left, select Other Features> Monetization.
  5. Read and agree to the terms of the YouTuber affiliate program.
  6. Create a new Google AdSense account or link an existing one to your feed. (You need an AdSense account to receive payment.)
  7. Set your monetization preferences.

Once that’s done, go back to the dashboard and click on the Analytics tab on the left side. Next, you’ll need to select Revenue in the tabs at the top and then scroll down to the Monthly Estimated Revenue chart to get an idea of ​​YouTube projected revenue.

How many views do you need to get paid on YouTube?

The number of impressions you get is not correlated with the revenues earned. If your video gets thousands of views but nobody watches or clicks your ad, you won’t earn any money. This is due to YouTube’s advertiser billing criteria: a viewer must click on the ad or view it in full (10, 15 or 30 seconds) to be paid.

However, with the release of YouTube Premium, you no longer have to rely on advertisers to create attractive or enticing ads to earn.

What is YouTube Premium?

YouTube Premium is a paid supporter that allows fans to watch and support their favorite creators without advertising. Not much will change for creators as they will be paid for content used on YouTube by non-members along with their YouTube Premium content.

Creators are paid for YouTube Premium based on the number of members viewing their content. Treat YouTube Premium revenue as an additional revenue stream on top of what you’re already earning with ads.

While it’s easy to set up, earning advertising as a YouTube affiliate is far from the most lucrative revenue stream you can create for yourself.

Why you should look beyond ads for revenue

YouTube has faced a lot of opposition recently due to the decision to communicate more transparently about ads on the platform and what qualifies as “advertiser friendly” content.

Goods increase your exposure by placing your brand and personality online in the offline world, and deepen the relationship between you and the fans who literally “buy” what you do.

Invest in real estate

If the recent history has taught us anything, it is that an apartment is not a guaranteed investment. That said, if you have cash available and risk tolerance, investing in residential or commercial real estate may be a good option.

Investing in real estate is twofold: you can consider purchasing a single home to live in as an investment, or you can invest away from home, in land for sale or shops or homes for rent. Going outside your own home “depends on your market and your appetite for renting properties,” says Gould. “In most markets, if you can handle the headaches and there is room, this is an option.”

But in the spirit of diversifying his assets, Gould says to remember that many homeowners already consider real estate the largest asset in their portfolio and are warning potential real estate investors to be wary of weighing their portfolios too much into one type of asset.

Pursue a professional degree or certification

Another way your money can work for you is by adding to your value in the labor market. “If you have the time and money to invest in further education, you can become more commercially available to become a better earner,” says Gould.

This not only means sinking tens of thousands of dollars in college. Increasing your marketability as an employee or professional can be as simple as joining a workshop to improve your public speaking or taking a class to master Microsoft Excel.

If you want to improve your skills but don’t have the money to do so, there are even tons of great free courses available online.

Emmie was an associate editor for Business Insider dealing with personal finance. Previously, she wrote for industries related to lists and features, strategy and career. Emmie graduated in journalism from Syracuse University and lives in New York.

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