To be eligible, you need to have at least 1,000 subscribers and 4,000 watch hours in the past 12 months.
2. Create sponsored content: Brands are always looking for influencers to promote their products or services. You can collaborate with brands and create sponsored content for your channel, which can be a lucrative way to make money on YouTube.
3. Sell merchandise: If you have a loyal fan base, you can create and sell merchandise related to your channel. This can include anything from t-shirts and hats to mugs and phone cases.
4. Offer online courses or coaching: If you have expertise in a particular area, you can offer online courses or coaching services to your viewers. This can be a great way to monetize your knowledge and skills.
5. Use affiliate marketing: You can earn money by promoting products or services through affiliate marketing. This involves including affiliate links in your video descriptions and earning a commission for every sale made through your link.
6. Crowdfund your channel: Platforms like Patreon allow you to set up a crowdfunding campaign for your channel. You can offer exclusive content or perks to your patrons in exchange for their support.
7. Collaborate with other YouTubers: Collaborating with other YouTubers can help you reach a larger audience and attract new subscribers. This can also open up opportunities for sponsored content and other monetization strategies.