How to make money on Youtube in 2023

Unlike the YouTube Partner Program, creators have the freedom to incorporate sponsored content into their videos at any time. Sponsored content occurs when a brand collaborates with a creator and compensates them for featuring the brand in their video.

This can take different forms, such as the creator discussing the brand, showcasing its products, or providing a review. You've probably come across this format when a creator starts a video by stating, "Today's video is sponsored by..." and proceeds to share insights about the brand for a few minutes.

These partnerships are established through private agreements between the creator and the brand, sometimes facilitated by influencer marketing agencies.

Let's take a look at an example. In this YouTube video, a cooking creator collaborates with a popular kitchenware brand for a sponsored segment.

The creator begins the video by acknowledging the sponsorship and spends a few minutes demonstrating how to use the brand's high-quality cookware to prepare a delicious meal. They may also offer a special discount code for their viewers to enjoy.

This presents an excellent opportunity, even for creators with smaller audiences. Brands find small but engaged audiences attractive, making smaller creators a desirable choice for partnerships. So, even if you have a modest following, you can still attract brands and monetize your content through sponsored collaborations.

If you're looking for a practical way to monetize your YouTube traffic, affiliate marketing is worth considering, especially if you enjoy creating product review videos.

Here's how it works:

Find a company or seller with an affiliate program, such as Amazon Associates, and submit your application to join.

Once accepted, utilize their process to generate custom links for the products you plan to showcase in your videos.

Demonstrate, review, or mention the products in your YouTube videos, and include your custom affiliate marketing link(s) in the video description.

As an affiliate of the brand, you'll earn a commission whenever a viewer clicks on your custom link and makes a purchase.

While Amazon Associates is a popular choice for earning money from Amazon products, there are countless other opportunities available.

Explore affiliate marketing platforms like ShareASale and ClickBank to discover potential corporate partners and products to feature.

Additionally, check your favorite brands' websites for information on how to become an affiliate.

Remember to transparently disclose your affiliation with the featured brands to your viewers. Direct them to the "link in description" during your video, ensuring they have easy access to the products you're promoting.

Affiliate marketing opens up a world of possibilities to earn a share of the revenue generated by your YouTube videos.

By strategically partnering with brands and recommending products your audience will find valuable, you can enhance your income stream and create a win-win situation for both you and your viewers.

Sell some merch If you have merchandise that's relevant to your audience, let them know about it and provide links in your videos.

For instance, consider a content creator who runs a popular lifestyle channel. They could include a link in every video to their own line of stylish t-shirts and trendy accessories.

Selling physical products may involve buying materials or finding a manufacturer. However, you can also utilize print-on-demand services like Printful, which seamlessly integrates with platforms such as Shopify or similar online stores.

This allows you to automate the printing and order fulfillment process, making it easier to manage your own merchandise.

Additionally, you can explore selling downloadable items like e-books, art prints, or virtual classes. Before promoting your merchandise, ensure you have a secure payment system in place.

The advantage of selling your own merch is that while it can be more challenging than promoting products from other companies, you have the potential to earn higher profits.

By leveraging print-on-demand services and retaining control over your products, you can increase your revenue while minimizing logistical complexities.

Creators on YouTube now have a great opportunity to offer Exclusive Memberships, providing them with an additional avenue to generate income through their channels.

By establishing a monthly membership fee ranging from $4.99 to $49.99, YouTubers can unlock a wealth of benefits. While YouTube retains a 30% cut of the monthly fee, creators still earn a significant portion.

As a creator, you have the freedom to curate unique perks for your Channel Members, enriching their experience on your channel.

These perks can include personalized emojis, limited-edition merchandise, interactive live chats, exclusive live streams, and engaging community posts.

To access the feature of Channel Memberships, certain criteria must be met. Specifically, you should have amassed a follower count of 30,000 or, if you operate a gaming-focused YouTube channel, a minimum of 1,000 followers.

Additionally, being a YouTube Partner and adhering to the platform's monetization guidelines and partnership regulations are prerequisites for setting up Channel Memberships.

If you frequently go live on YouTube, Super Chat provides a fantastic opportunity to monetize your channel.

By enabling Super Chat, Super Stickers, and Super Thanks in the Supers tab, you can enhance your live videos. During these sessions, viewers can engage in real-time interactions through the chat box.

With Super Chat, users have the option to make payments for specific interactions, such as pinning a chat message or using exciting emojis. As a creator, you receive a portion of the revenue generated from these interactions.

It's important to note that the Super Chat feature is available exclusively to YouTube Partners, granting them the ability to strengthen their connection with viewers while reaping the financial benefits.