Monetization on YouTube and TikTok
YouTube monetization refers to the process of earning money from your YouTube channel and the content you create. YouTube provides various ways for content creators to generate revenue from their videos, whether by YouTube or a third party platforms. The YouTube Partner Program (YPP) is one of the primary ways YouTubers or content creators can monetize their content. To join the YPP, you will need to meet certain eligibility criteria, including:
- Having at least 1,000 subscribers.
- Accumulating 4,000 watch hours in the past 12 months.
- Adhering to YouTube’s community guidelines and policies.
- Owning the rights to use and monetize the content on your channel.
Within the Creator Studio dashboard, a data chart displays the evolution of a channel’s eligibility which allows creators to track their progress and await acceptance into the YPP. Normally, YPP applications are sent in email by YouTube and will require creators to submit financial verification, addresses and relevant documents for monetization processing
How can you benefit from Monetization on YouTube?
Other Monetizible Engagement on YouTube
- When YouTube Premium subscribers watch your content, you earn a share of the subscription revenue based on their watch time.
- You can include affiliate links in your video descriptions, and if viewers make a purchase through those links, you earn a commission.
- Super Chat and Super Stickers are features for live chat during livestreams. Viewers can pay to have their messages or stickers highlighted, making them more visible in the chat.
- You can include affiliate links in your video descriptions, and if viewers make a purchase through those links, you earn a commission.
- Some creators use platforms like Patreon or Ko-fi to crowdfund and allow fans to financially support their work directly.
Adherence to YouTube’s policies are key to building a successful and monetizable YouTube channel. Keep in mind that YouTube’s monetization policies can change, so it’s important to stay informed about the latest updates.
Monetization on TikTok is still evolving, and the opportunities available may change over time. TikTok’s Creator Fund allows eligible creators to earn money based on video performance. You can receive a share of the revenue generated from ads displayed on your videos. Eligibility criteria include a minimum number of followers and video views.
How can you benefit from Monetization on TikTok?