7 Best Ways to Make Money on YouTube 2023

YouTube is the most popular way to watch videos. Nowadays there is no alternative platform to YouTube to watch videos on different topics.

It has also become a search Engine now. You can find almost any type of information searching on YouTube.

A student, a housewife, or anyone from any profession can start YouTubing. The only skill you should have is making videos.

But YouTube is not limited to enjoying funny videos, dramas, and movies. You can make a decent amount of money sharing videos on YouTube.

7 Best Ways to Make Money on YouTube

Here I will tell you the 7 best and most profitable ways to earn money making YouTube videos. You can do this just from home with your mobile.

1. Earn from Google Adsense

The easiest way to earn from YouTube is through Google Adsense. Now it is most popular because it doesn’t require much effort other than creating useful videos. Now you can also earn from YouTube Shorts through Google AdSense.

To start earning with Google Adsense, you have to get Monetization Approval from YouTube. There are 3 requirements to get Adsense Approval.

• YouTube channel must have more than 1000 subscribers
• Your videos must have at least 4000 hours of watch time in the last 12 months.
• You must create videos following YouTube Rules and Policies.

If your channel is ok with the above requirements, you will get AdSense approval and you can start earning from Google Adsense.

Google will add ads to each of your videos. 45% of the ad revenue will be given to you. You can withdraw $100 from your account.

2. YouTube Partner Program

You can become a YouTube partner directly through the YouTube Partner Program. You can earn not only through Google Adsense but also through YouTube Partner Programs such as YouTube Channel Membership Program, Super Chat, etc.

You need to monetize first your channel to join it. It has some conditions. This condition is similar to the one associated with Google Adsense. If everything is fine then YouTube monetization should be applied. YouTube will check and approve everything.

3. Earn from Affiliate Marketing

Affiliate marketing is selling someone else’s product by referring or promoting it. If someone buys a product on your referral, you will get a fixed rate commission on the selling price.

Affiliate marketing is one of the most popular and lucrative ways to make money online. The more you generate sales, the more you earn a commission. There is no limit.

If your channel has more subscribers, you can earn much better. The product owner or affiliate network pays your commission to your affiliate account. YouTube has no relationship with this earning. You can withdraw them through the bank only if there is a certain amount.

How to get affiliate products and start Affiliate Marketing?

Almost all the eCommerce companies in the world are running affiliates to increase their sales. Moreover, sales can be made through various digital products and affiliates.

Some of the most popular affiliate programs in the world are,

• Amazon Associates
• Wide trade
• ClickBank
• eBay Partner Network
• CJ Affiliate
• Affiliaxe
• Algo Affiliates
• ShareASale
• Fiverr

In addition to these, now most e-commerce websites have affiliate programs to sell their services and products through affiliates.

4. Earn from Sponsorship

If your channel has a lot of subscribers, you can make money through sponsorship. You can earn money by promoting products or services of any Company on your video.

Celebrities and YouTubers earn a good amount from sponsorship. Sponsorship is a form of advertising. It is a common and easy way to earn from YouTube Channel.

5. Sell your own products

YouTube is a great platform to sell your own products. YouTube has 12 billion monthly visitors and visitors are growing 4 times higher in a year. You can not imagine how popular youtube is becoming day by day.

If you have any physical or digital product you can easily sell it here and earn profit. Create your own product videos describing usages and benefits. You can also share support or help videos relevant to your products.

For this, the channel must be popular and have a good subscriber base. Selling your products from YouTube is guaranteed only when your channel is popular.

Apart from displaying the product on the channel, you should also add the link to your website or Facebook page so that visitors can easily order from there.

6. Selling Online Courses on YouTube

If you have any skill you can help people learn that skill. You can make money by teaching people on YouTube.

There is nothing that is not on YouTube. From cooking to sewing, cooking, education, and fun videos everything is available here.

He who has never cooked in his life cooks three meals by watching a video tutorial. So you too can use YouTube to sell your various courses. But your videos on your YouTube channel should be simple and unique. So that ordinary people can learn something by watching it.

If you are experienced in cooking, you can upload different recipe videos. Before starting, you should check a tutorial video on how to create a YouTube channel and upload videos.

Students these days prefer to search YouTube for their academic and learning materials. You can teach cooking, computing, accounting, sewing, language learning, and almost anything.

If you share the videos for free, you can earn only from Google Adsense from advertisements shown on videos. But when you want to sell video courses, you have to set up a website to sell courses and collect payment from people.

7. Product Review and Buying Guide

You can also earn from YouTube by sharing product reviews. For this, your channel must have a lot of subscribers, and subscribers must be active. Because if they don’t watch your videos regularly, they won’t watch reviews.

Review videos are currently much popular these days. People want to get information and learn about the product before buying.

But you have to share real reviews using or unboxing a product. Without using a product you can not review a product.

You can earn money in 3 ways from a product review,

1. Google Adsense
2. Sponsorship from the Product Owner
3. Affiliate commission from your referral.

You may read- 10 Best Ways to Make Money Online for Students

Is income from YouTube halal?

The issue of whether income from YouTube is halal or haram is very complicated. We generate income from different sources from time to time. Not all aspects are halal at all times. Let’s talk about some things about YouTube:

• If the YouTube channel is not about something haram or something outside of Islamic Sharia then it will be halal.
• If you earn from Google AdSense, if there is an advertisement for a haram product that is not allowed in Islam, then the ad income will be haram.

For example, advertising showing oil, soap, shampoo or any cosmetic is not haram, but the way in which the model door is being shown here is haram, in that case, the income will be haram.

But you can easily control which kind of ads you want to show in your video, and which ones you don’t want to show. You can block all the ads that are illegal. In that case, your income will be completely halal.

Besides, there are other ways such as affiliate marketing, sponsorship, and selling your own products, these are halal if you do not adopt any haram or prohibited methods.

Conditions of Earning from YouTube

The first and foremost condition to earn from YouTube is to have a YouTube channel and a good number of subscribers. If the channel is not popular, income cannot be generated.

Again, to earn from YouTube Partner Program and Google Adsense, the channel must have 1000 Subscribers and 4000 Hours of Watch Time in the last 12 months.

How much you earn will depend on how many views your video gets and how much time the video is watched. The more ads visitors see and click, the more revenue you will earn.

How to withdraw money from YouTube

You must have a bank account to withdraw money from YouTube. Google will send payments to your bank account on the 21st-22nd of every month when earnings is $100 or more in your AdSense account balance.

Bottom Line

Uploading educational and useful videos on YouTube will increase your channel subscribers very quickly. The more subscribers you get, the more you can earn.

You have to create videos on topics where people get helpful information and learn something. Here are the 12 Best YouTube Video Ideas you can consider.

To earn from YouTube, you must follow YouTube’s policies and guidelines to make videos. Copy content and images will lead you to copyright violation. So be careful of YouTube policies and guidelines.