7 ways you can make money from YouTube Shorts
YouTube Shorts is a feature on the YouTube app that allows users to create and share short-form videos, similar to TikTok. These videos can be up to 60 seconds long and can include music, effects, and other features to make them more engaging and visually appealing.
YouTube Shorts can be created using the YouTube app on a smartphone, and users can share them on the YouTube app or other social media platforms. The feature was introduced in September 2020 as a response to the growing popularity of TikTok and other short-form video platforms.
YouTube Shorts aims to provide a similar experience for creators and viewers, but with the added benefit of being able to monetize their content through YouTube's existing monetization options.
 |
| 7 Ways You Can Make Money From YouTube Shorts |
As with traditional YouTube videos, creators can monetize their Shorts through a variety of methods, including:
1) YouTube creator Fund
The
YouTube Creator Fund is a program that supports eligible creators with funding,
resources, and opportunities to help them grow their channels. To earn money
from the YouTube Creator Fund, here are the steps:
Ø Meet the Eligibility
Requirements: To be eligible for the YouTube Creator Fund, you must have a
channel with at least 10,000 subscribers, meet YouTube's Partner Program
policies and have an active AdSense account.
Ø Apply for the
YouTube Creator Fund: If you meet the eligibility requirements, you can apply
for the YouTube Creator Fund through the YouTube Studio.
Ø Create great
content: Keep creating high-quality and engaging content for your YouTube
Shorts. The YouTube Creator Fund rewards creators who regularly upload and
engage with their audience.
Ø Utilize YouTube's resources:
Once you are accepted into the program, you will have access to resources and
opportunities provided by YouTube, such as training, workshops, and networking
events.
Ø Earn money: Once you
have met the requirements and been accepted into the program, you will start
earning money from the YouTube Creator Fund. The amount you earn will depend on
a variety of factors, including your channel's performance, engagement, and
audience demographics.
It's
important to note that the YouTube Creator Fund is not guaranteed and
acceptance into the program depends on the availability of funds and the
quality of your channel and content. Also, YouTube updates the terms and
conditions of the fund regularly, so make sure to check them periodically.
2) Sponsorships on Youtube Shorts
Sponsorships
are a great way to earn money from your YouTube Shorts. Here are the steps to
secure sponsorships for your channel:
Ø
Build an audience: A large and engaged audience is key to
securing sponsorships. Make sure your channel has consistent and high-quality
content, and use social media and other platforms to promote your channel.
Ø
Create a media kit: A media kit is a document that provides
information about your channel, such as your audience demographics, engagement
numbers, and content topics. It should also include your rates and any previous
sponsorship deals you've had.
Ø
Reach out to brands: Research brands that align with your
content and audience and reach out to them via email or social media. Make
sure to personalize your pitch and include a link to your media kit.
Ø
Negotiate terms: Once a brand expresses interest in working with
you, it's important to negotiate terms that are beneficial for both parties.
This includes the type of content you'll create, the duration of the
sponsorship, and the compensation you'll receive.
Ø
Create sponsored content: Once the terms are agreed upon, create
sponsored content that is high-quality and in line with your usual content.
It's important to disclose that it's sponsored content as per FTC guidelines.
It's
important to note that sponsorships can take time to secure, and it may take
some effort and persistence to find the right brands to work with. Also, be
prepared to adjust your strategy and media kit as you gain more experience and
success with sponsorships.
3) Products Tagging on YouTube Shorts
Product
Tagging is a feature on YouTube that allows creators to tag products in their
videos and earn money through affiliate marketing. Here are the steps to earn
money from Product Tagging on YouTube:
Ø
Sign up for the YouTube Partner Program: To access the Product
Tagging feature, you must be a member of the YouTube Partner Program. You can
apply for the program through YouTube Studio.
Ø
Enable Product Tagging on your channel: Once you've been
accepted into the YouTube Partner Program, you can enable Product Tagging by
going to YouTube Studio > Monetization > Product Tagging.
Ø
Tag products in your videos: Once you have Product Tagging
enabled, you can start tagging products in your videos. You can tag products in
the video's description, end screen, or by using YouTube's built-in tagging
tool.
Ø
Promote your tagged products: Promote the tagged products in
your videos, either by mentioning them verbally or by showcasing them on
screen.
Ø
Earn money: When a viewer clicks on a tagged product, they will
be taken to the product's website where they can purchase it. If they make a
purchase, you will earn a commission through affiliate marketing.
It's
important to note that the commission you earn from Product Tagging can vary
depending on the product and the terms of the affiliate program. Also, make
sure you disclose to your audience that you'll earn a commission from the
products you tag.
4) YouTube Ads Revenue
To
earn money from ad revenue on YouTube Shorts, you'll need to first enable
monetization on your channel. Here are the steps to do that:
Ø
Sign in to your YouTube account and click on the "Creator
Studio" button.
Ø
Select the "Channel" section and then click on
"Monetization"
Ø
Agree to the terms and conditions and then click on "Enable
Monetization"
Ø
Connect your channel to an AdSense account to receive payments
for the ad revenue you earn.
Once
monetization is enabled, ads will automatically be displayed on your Shorts, and
you'll earn money based on the views and engagement they receive. The amount of
money you earn will depend on a variety of factors, including the number of
views, the engagement rate, and the advertiser's bid.
It's
also important to remember to follow the YouTube Partner Program policies,
including the community guidelines and advertiser-friendly content guidelines,
to ensure your Shorts are eligible for monetization.
5) Affiliate marketing on YouTube Shorts
Affiliate
marketing is a way to earn money by promoting other people's products or
services and earning a commission on any sales made through your unique
affiliate link. Here are the steps to earn money from affiliate marketing on
YouTube Shorts:
Ø
Find affiliate programs to join: Look for companies or brands
that have affiliate programs that align with your content. Some popular
affiliate networks include Amazon Associates, Commission Junction, and
ShareASale.
Ø
Get your unique affiliate link: Once you have joined an
affiliate program, you will be given a unique affiliate link that you can use
to promote the product or service on your YouTube Shorts.
Ø
Create content around the product or service: Use your Shorts to
create content that highlights the features and benefits of the product or
service you are promoting. Make sure the content is relevant and valuable to
your audience.
Ø
Include your affiliate link in the video description: Add your
affiliate link to the video description of your Shorts so that viewers can
easily find it and make a purchase.
Ø
Track your performance: Use the tracking link provided by the
affiliate program to track your sales and commission earnings.
It's
important to disclose that you are using affiliate links in your video descriptions,
to be transparent with your audience and comply with the FTC guidelines.
6) Merchandise on YouTube Shorts
Selling
merchandise related to your YouTube Shorts is a great way to earn additional
income. Here are the steps to sell merchandise on your channel:
Ø
Choose a merchandising platform: Several platforms allow you to
create and sell merchandise, such as Teespring, Redbubble, or Printful. Each
platform has its own set of features and pricing, so make sure to choose one
that best suits your needs.
Ø
Create your designs: Use your artwork or create new designs that
align with your YouTube Shorts content. Make sure your designs are high-quality
and visually appealing.
Ø
Set up your online store: Once you have your designs ready, set
up your online store on the chosen platform, and link it to your YouTube
channel.
Ø
Promote your merchandise: Use your YouTube Shorts to promote
your merchandise, including showcasing your designs and encouraging viewers to
check out your store.
Ø
Fulfil orders: Once an order is placed, the merchandising
platform will handle the printing and shipping of the product. You will be
responsible for handling customer service and returns.
It's
important to note that each platform has different fees, so make sure to read
the terms and conditions carefully before setting up your store. Also, you'll
need to have a monetized channel to add links to the merchandise store in your
videos.
7) Crowdfunding on YouTube shorts
Crowdfunding
is a way to raise money from your fans for your YouTube Shorts content. Here
are the steps to earn money from crowdfunding on YouTube:
Ø
Choose a crowdfunding platform: There are several crowdfunding
platforms to choose from, such as Patreon, Kickstarter, or GoFundMe. Each
platform has its own set of features and fees, so make sure to choose one that
best suits your needs.
Ø
Create a campaign: Set up a campaign on your chosen platform,
including a goal amount, a deadline, and perks for different pledge levels.
Make sure to include detailed information about your project and the money that
will be used.
Ø
Promote your campaign: Use your YouTube Shorts to promote your
crowdfunding campaign and encourage your viewers to support it. Include links
to your campaign in your video descriptions and social media channels.
Ø
Keep your supporters updated: Keep your supporters informed
about the progress of your project by sending regular updates and
behind-the-scenes footage of your YouTube Shorts.
Ø
Fulfil rewards: Once your campaign reaches its goal, fulfil the
rewards you promised to your supporters and make sure to keep your supporters
informed about the progress.
It's
important to note that each platform has different fees, so make sure to read
the terms and conditions carefully before setting up your campaign. Also, it's
important to be transparent with your audience and make sure that the goals and
rewards are clear before starting a campaign.
Conclusion
It's important to note that earning money from YouTube Shorts requires effort and persistence and the monetization options may change depending on the terms and conditions of YouTube or the platform you're using. Also, it's important to stay up to date with YouTube's policies and guidelines to ensure your channel is in compliance.
