11 Best Ways to Make Money with YouTube in 2023

This article will show you different ways to make money online with YouTube. Plus, you’ll get answers to common beginner questions.

So, if you want to earn cash with YouTube, read on.

These days, YouTube is considered one of the best places where you can make your first dollar online and earn a significant income.

By sharing your knowledge and creativity with others, you can help people solve difficult problems, master new skills, or even change their lives for the better. And, that leads to more subscribers or more followers. And, these subscribers can then turn into customers! Pretty cool, right?

The more subscribers you have, the more money you can make.

Also, it’s easy to monetize YouTube videos and get paid for your efforts. In fact, you can earn a significant income from this site alone. The key is to pick the right methods so you get paid good money for your work.

Are you already making videos on YouTube and contemplating whether or not the videos you upload to YouTube bring any revenue?

Well, on average a Youtuber can earn around $2-$10 for 1K views.

Of course, it depends multiple other factors:

Number of Views
Ad Quality
Click-Through Rates
Video Length
Viewer Demographics
Type of Content
Engagement
Channel’s Niche

To help you get started with YouTube, I have put together the following list of 11 best ways to make money with YouTube.

In this article:

So, let’s get started with the first method.

1. Become a YouTube Partner

Being a YouTube Partner is one of the best ways to make money with youtube as you can monetize videos and get paid for your work.

And, you can build a successful business online.

There are basically 3 requirements to become a YouTube partner:

Your channel should have at least 1000 subscribers
Your videos should have over 4000 hours of view time within the past 12 months to be eligible for monetization
Your account should be at least 30 days old

Once you have these 3 requirements met, you become eligible to monetize your videos. This is one of the easiest ways to make money with youtube as long as you have a good number of followers or subscribers.

So, focus on building your audience and once you have a significant number of subscribers, apply to become a YouTube partner.

Read: Earn from YouTube without Creating Your Own Videos!

2. Sell Affiliate Products

When you buy something and then see an ad for that same item on Facebook or YouTube, do you know that feeling?

Well, think of the people who bought the product as your subscribers. When they buy it through an affiliate link, you get a commission.

The good news is, you can sell anything online and get paid for your efforts while building your audience or following at the same time. Just pick a product that relates to your chosen niche, set up an affiliate account with the vendor, and start promoting it through your YouTube channel.

For example, if you’re talking about health in most of your videos, you can promote an affiliate product from a health store. When a viewer clicks your affiliate link, you get paid a commission as long as they buy it.

Don’t know what affiliate marketing is?

Well, affiliate marketing is basically the process of promoting other people’s products and services for earning a commission.

You get paid for every sale that results from your marketing efforts.

When you sign up for an affiliate program, you get a special link that you can share with your audience. When someone clicks on that link and buys the product, you get paid a commission (usually around 10%-25%).

Affiliate marketing is one of the most popular ways to make money with youtube as many people are already using it successfully.

3. Sell Your Own Products

Another great way to make money with youtube is to create your own product. This can be a book, an e-course, or a video series on a particular topic and sell it to your audience or subscribers on YouTube.

If you have the knowledge and skills required for this business model, then nothing should stop you from earning a significant income.

However, one of the biggest challenges that come with this business model is building trust and authority.

Your audience needs to believe that you’re the real deal.

So, provide them with high-quality useful video content and use all of your efforts into building a relationship with them.

Be transparent about the purpose of your ebook, course, or product and offer them something that is unique such as an insight into what it takes to become successful in your chosen niche.

This will help you develop trust and create authority over time which, in turn, can lead to sales of your product or course.

It’s one of the best ways to generate a significant income from your YouTube channel. And, if you have never created a product or course before, it might be a smart idea to start with an eBook.

4. Sell Your Services

Apart from selling your products like ebooks or courses, you can also sell your services on YouTube. This strategy is a great way to start earning if you have no products to sell at the moment.

You can offer different types of services such as writing content, designing logos, or even creating YouTube Video Thumbnails.

There are numerous things you can do to get someone to pay you.

For example, you can create custom YouTube Video Thumbnails for your clients. You can also make money with youtube by offering writing services like ghostwriting or even creating YouTube videos scripts.

It’s one of the easiest ways to start earning with just your YouTube channel and it doesn’t require any special skills. However, if you have a skill that’s in demand on the internet, you can easily sell your services and get paid for them.

However, you need to focus on creating high-quality content in the beginning and add value to your audience’s lives in order to get success.

Also, don’t be afraid of experimenting with different ideas. Just try different things and see what works for you.

5. Give Paid Advice in Your Niche

If you love talking to your audience or followers in your niche and would like to be compensated for that then this is one of the best ways to make money with youtube. It is called paid advice or paid consultancy.

You can set up a service where people who need advice in your niche can hire you and pay you for it.

For example, if you’re a fitness expert or an SEO Specialist, people who need your expertise can contact you directly to hire your service.

This is one of the most popular ways to make money with YouTube. However, don’t forget to create a supportive environment for your audience.

In order to become a highly-paid consultant, it’s important that your audience or followers trust you and see you as an authority in your niche.

People don’t want to pay someone who is not reliable and trustworthy.

So, show them that you’re an expert in the field and that you have their best interests at heart. Providing high-quality content may not be enough for this path. You also have to create a supportive environment that will eventually help you to establish authority over time.

If you can do that, nothing should stop you from earning a significant income through paid advice. Your YouTube audience will love to pay you if they see that you have their best interests at heart.

And, that’s how you can make money with your YouTube audience.

6. Accept Donations

Do you remember when we were kids and we used to perform in front of our family and relatives for some change?

Whether it was singing, dancing or playing an instrument, or something else, we all did that at one point or another.

Well, not everyone is good at singing and dancing.

But we all can use our personal talent to earn money. If you’re really good at something which people appreciate then you can easily make some extra cash by accepting donations through your YouTube channel.

If you have a unique skill such as playing the guitar, cooking or painting, for example, people will surely appreciate it.

And, they’ll happily donate to support what you’re doing.

And, that’s how you can make money with YouTube by accepting donations from your viewers or subscribers.

However, if this is something that really interests you then keep in mind that the type of content you create has a significant impact on your results.

For example, if you’re into playing music then your content should be all about it. You can upload videos of yourself playing guitar or singing on YouTube and monetize them by accepting donations from your fans.

Many people do it and they love it.

It’s a great way to make money if you have the talent for it.

7. Hold Live Events

If you’re creating high-quality content then the chances are that people will want to meet you in person. And, they’ll pay for your live events which turn out to be a great way of making money because of your YouTube audience.

However, don’t forget to create the right environment for your audience or followers if you want them to trust and follow you.

You should convince people that you’re the best person to follow on YouTube in your niche. That way, they’ll be more likely to book tickets for your live events and pay top dollar to meet with you personally.

You can also hold live events on YouTube itself. It’s a great way to connect with your audience. If you have a loyal following, this is one of the best ways to make money with YouTube. So, don’t hesitate to give it a shot.

8. Amazon Affiliate Marketing

Another great way of making money with YouTube is Amazon affiliate marketing. If you’re already an Amazon customer, it will be very easy for you.

All you have to do is sign up for the Amazon affiliate program, which is known as Amazon Associates Program. Once you are approved, you’ll be able to create your special affiliate link for the product you want to promote.

Simply upload videos about the product you want to promote and include your affiliate link in the description box. Then, mention how awesome this product is so that people will be interested in buying it.

When someone clicks on your affiliate link and makes a purchase, you’ll get a commission from Amazon. And, that’s how you can make money with YouTube by promoting Amazon products through your affiliate link.

Thousands of people are doing it and they are enjoying the results.

It’s a great way to monetize your YouTube channel.

However, if this sounds good to you then keep in mind that the type of YouTube channel you create will have a direct impact on your results.

For example, if you try to promote fashion-related items without being an expert in the fashion industry, you’ll hardly make any money.

People need to trust you in order to buy products through your affiliate link, that’s how it works. And, if they don’t, it will be hard to make money.

9. YouTube Sponsorships and Deals

You can easily make money if you’re popular on YouTube. And, it’s possible to make money with YouTube by collaborating with brands.

These are known as “Sponsorships” or “Brand deals.”

You’ll get paid for creating videos about brands or products and promoting them in an honest way to your audience. It’s the best way to monetize your YouTube channel if you have the right type of audience that trusts you.

However, keep in mind that you can’t just accept any sponsorship or deal on YouTube. Your audience has to trust you.

Otherwise, it will be hard for you to make money by collaborating with brands. It’s a great way of making money if you have the right type of audience.

However, brands wouldn’t pay you if they didn’t see any value in your audience. And, they usually target a specific type of people with their products.

So, keep this in mind if you want to create sponsored content for brands on your YouTube channel. If you do it right and come up with great content, there’s a big chance that you’ll be able to make money from brands in this way.

Brands will contact you if you have the right type of audience. And, the more views you get on YouTube, the more brands will contact you.

It improves your chances of making more money. But, if you do it wrong, you’ll have a hard time making money with sponsorships.

10. Crowd Funding with YouTube

Most people never heard about the term “Crowd Funding”.

While most people are making money on YouTube using ads or selling products, many people are turning to the crowdfunding method.

So what is Crowdfunding?

Crowdfunding is a way of generating revenue for an upcoming project or a product with the help of your audience, fans, family, and Friends. If you have a loyal fan base, encourage them to fund your channel for new videos and financial support. It’s a good idea to increase your overall income on YouTube.

Many YouTubers use this method to buy new equipment, cover their software costs, video production cost and support them financially.

There are many sites that are helpful to create Crowd Funding campaigns for Youtubers. Here are some most popular sites to start a campaign:

Kickstarter
Indiegogo
Patreon
Crowdfunder (Shopify App)
GoFundMe
Fundable
Crowdcube
Crowdfunder

You can sign up on one of them and start your first campaign.

Once you have successfully started a campaign, be sure to promote it with email blasts and social media too.

11. Send Traffic to Business Sites

This is probably a new concept for many YouTubers.

You can send visitors from your YouTube channel to a certain website where they can purchase a product or signup for a service on the website.

Many businesses will pay you to promote their business sites on your YouTube channel. Most of these businesses will pay about $1 to $5 per valid lead that comes from you. It is kind of like affiliate marketing, but instead of making new sales, the company is paying you for each new lead.

If you have a loyal fan base on your YouTube channel, this could be a good way to generate some extra money.

Well, it looks easy. But, you’ll need a strong network of subscribers, views, and active engagement. Otherwise, you won’t be able to generate a lot of traffic for these businesses and not be able to make money.

Realize that YouTube is not going to pay your bills by itself.

You’ll need to promote other people’s products and services to generate a stable income from your YouTube channel.

Make Money with YouTube: FAQs

If you love making videos, YouTube can be a wonderful source of extra income. So, I encourage you to give it a shot.

However, in order to make money with YouTube, you have to be creative and figure out the right way of doing things. If you want to know how you can do it, here are some frequently asked questions for your convenience:

How To Make Money Online with Youtube?

There are plenty of ways to make money with Youtube these days, but the most popular one is still YouTube ads. If you have a large audience on YouTube you can sign up for the YouTube partner program and start making money.

Apart from Youtube ads, you can also make money by promoting affiliate products or creating sponsored content.

Additionally, YouTube is a great way of promoting your business and generating sales if you know how to do it right.

How to Make Money on YouTube Fast?

Creating a high-quality video takes time and effort. So, it’s no surprise that people are looking for shortcuts when it comes to earning on YouTube.

However, keep in mind that you can’t make a living overnight.

It’s possible to make some good extra cash if you know how to do it right. But, don’t expect to become wealthy overnight. It takes time and patience for things to go right. So, don’t be in a hurry and work on your videos instead.

How Much Does YouTube Pay for 1000 Views?

YouTube pays for 1000 views between $2 to $10 depending on various factors. The fact is that you get paid only if people watch the ads at the beginning, middle, or end of your videos. If they don’t, you won’t make any money.

It means that it doesn’t matter how many times your video was played. If it was played without ads, you won’t earn a penny.

Also, how much YouTube will pay you for every 1000 views depends on many factors. And, if they watch plenty of ads, you’ll make more money. However, it doesn’t mean that you should beg people to watch the ads.

That doesn’t make sense, right?

So, in short, if people watch the ads, you’ll make money. And, if they don’t, you won’t. However, in order for people to watch the ads in your YouTube videos, your channel should be “Monetized”. That means that you need to apply for the YouTube partner program and get accepted into the program.

How Hard is It to Make Money on YouTube?

It depends.

If you use certain tricks, it will take much less effort to make money on YouTube than doing things the right way.

However, if your goal is to earn a full-time income from YouTube, you have to create high-quality videos and bring value to people’s lives.

In order for brands and companies to pay you for promoting their products, you have to have a large audience. And, the only way to build that is through creating high-quality videos people love.

There are many ways of making money on YouTube fast, but they don’t have any value in the long run. So, keep this in mind and focus on bringing real value to your audience instead of trying to earn quick bucks.

What Is The Easiest Way To Make Money With YouTube?

There is no such thing as the easiest way of earning money on YouTube. It all depends on your goals and what you want to achieve through creating videos.

If you want to make a living with YouTube, focus on creating high-quality content that will bring value to your audience. That will take time and hard work, but it’s the only way of building a successful YouTube channel.

If you want to make extra cash with YouTube, focus on one big video that you can promote through various channels. It will bring some quick results so you can earn fast money from YouTube without much effort.

In short, focus on creating high-quality content if you want to build a successful YouTube channel. And, focus on promoting one big video with a strong call to action in order to make money fast.

How Much Money Do YouTubers Make?

The answer depends on many factors. And, it also depends on what type of videos people create and what their goals are.

There are YouTubers who make thousands of dollars every month and there are also YouTubers who make a few bucks with their YouTube channels.

It’s not possible to provide an exact answer, but in most cases, it all comes down to the same thing: having millions of views on your videos. That will only be possible if people share your videos and you get free organic traffic from Google and YouTube searches. And, that will bring significant income from YouTube.

Do YouTubers get paid for likes and comments?

YouTubers get paid for ad views. It means that they don’t get paid for likes, dislikes, comments, and other engagement metrics.

If your goal is to make money on YouTube with plenty of ad views (which means you need a lot of engagement), focus on creating high-quality video content instead of trying to game the system.

How Often do YouTubers Get Paid by YouTube?

YouTube pays every month.

It means that you’ll receive money for the previous month’s revenue.

So, if people watch ads on your YouTube videos, you’ll get paid for every 1000 views starting from the first day of next month.

However, you’ll be paid only if you’ve signed up for the YouTube partner program and your channel was accepted into the program.

You’ll be paid based on your video views and other engagement metrics. So, it’s up to you how much money you want to make with YouTube.

Final Words and Thoughts

If you love making videos, YouTube is a proven way to generate income from your efforts. However, you have to focus on providing real value and bringing amazing content that people will love.

If you want a quick way of making money with YouTube, promote only one big video with a strong call to action.

It can bring significant results in a short period of time. However, it will not help you build a successful YouTube channel in the long run.

So, focus on providing valuable content on your channel.

When it comes to making money on YouTube, be patient. Patience really pays off. It will take some time to build a successful YouTube channel with a significant income generated from your video content.

On the other hand, you can also try your luck with affiliate marketing and promoting products that will bring quick results.

If you want to succeed on YouTube, focus on providing real value to your audience through high-quality videos. Maximize the time you spend on video creation and promotion to boost your YouTube views.

I truly appreciate it if you share this article with your friends and followers on social media. It helps me a lot. Thank you for reading!

11 Best Ways to Make Money Online with YouTube in 2023