"[Updated] Financial Fortitude for YouTubers Beyond Basic Earnings for 2024"
Financial Fortitude for YouTubers: Beyond Basic Earnings
How To Get Paid on YouTube - From AdSense to your Bank Account
Richard Bennett
Oct 26, 2023• Proven solutions
YouTube is more than a video sharing social network; here’s how to get paid on YouTube. Having an active YouTube channel with decent monthly views can earn you income through advertising. If your channel is set up properly, Google can place ads over your YouTube videos and you can earn money based on how many people see or click on (depends on the ad) those ads while watching your videos.
- The Requirements for YouTube Monetization
- How to Enable Monetization for Your YouTube Channel
- Linking Your Bank Account to Your AdSense Account
- Receiving Payments
Many vloggers receive direct bank deposits of their ad-based revenues every month. In this article, we’ll show you how to monetize your YouTube Channel and how to receive payments to your bank account.
Making Your YouTube Videos Better with Filmora
If you want to earn more money with YouTube videos, your video should be stand out. To achieve that, you should use a powerful video editing software as well. Here, I recommend Wondershare Filmora video editor . As one of the most widely used video editing software among YouTubers, Filmora provides lots of templates and effects which allows you to edit faster and better.
Part 1: The Requirements for YouTube Monetization
Meeting the minimum requirement for YouTube monetization is probably the hardest part of this whole process. About a month ago, you had to have 10,000 lifetime views on your YouTube channel to qualify for monetization. However, earlier this year, Google changed their eligibility requirements and made them even tougher.
As of February 20, 2018, YouTube channels need to have accumulated 4000 hours of ‘watch time’ over the past 12 months and no less than 1000 subscribers to qualify for monetization. If you do not meet these requirements you cannot join the YouTube Partner Program and monetize your YouTube channel.
So, the first step to successful monetization on YouTube is to actually grow your channel. You need to create videos that will attract viewers and engage your audience. You also need to get people to subscribe because this is really what will grow your YouTube channel over time.
Part 2: How To Enable Monetization for Your YouTube Channel
Here’s the step-by-step process for monetizing your YouTube Channel, for those who are qualified.
- Log in to your YouTube account.
- Find your account icon in the top right corner. Click it to find the ‘Creator Studio’ button.
- Click the ‘Creator Studio’ button.
- Click the ‘Channel’ option in the left side menu.
- You’ll see a drop-down menu under ‘Channel’. Click on ‘Status and Features’. This is actually the first option on the menu. It should open by default once you click the ‘Channel’ button.
- Look through the ‘Status and Features’ page and click the ‘Enable’ button beside monetization.
- Clicking the ‘Enable’ button should lead you to another page where the guidelines for monetization are explained. Take the time to read through the guidelines and understand the dos and don’ts of YouTube monetization.
- Once you’ve looked through the guidelines, click the ‘Enable my account’ button to proceed. This will lead you to a page where you’ll be prompted to join the YouTube Partner Program.
- Read through the YouTube Partner Program terms, check the appropriate boxes, and click the ‘accept’ button.
- You’ll be prompted to link an AdSense account.
- Connect an existing AdSense account if you have one or create a new one.
- Once you’re done linking an AdSense account, you’ll be redirected to YouTube. There, select the type of ads you want to run under ‘Monetization Preferences’.
- Click the submit button and wait to find out if your account is approved for monetization.
According to YouTube, it can take up to a week for a decision to be reached on your application.
YouTube will not review your monetization application until you’ve met their eligibility criteria. Even then, your application may be declined if your videos do not follow the community guidelines (i.e. channels which simply repost content from other channels will not be monetized).
Not all videos can be monetized. While there are legal ways to create videos consisting of imagery and footage belonging to others, be aware that such videos are not always eligible for monetization. YouTube will only monetize videos that you own. So, posting videos which do not belong to you or which include copyrighted content can cause your monetization application to be declined.
Part 3: Linking Your Bank Account To Your AdSense Account
AdSense offers a variety of payment options including mailed checks and Western Union transfers. However, these options may not be available to you depending on where you’re based. AdSense does make payments through electronic wire transfer (EFT – Electronic funds transfer) to virtually every country in the world, and this is the preferred payment option for most people.
To have your earnings deposited directly into your account through EFT, you’ll need to link your bank account to your AdSense account.
Here’s a step-by-step guide for linking your bank account to your AdSense account.
- Log in to AdSense via: www.google.com/adsense/start
- Click the ‘Settings’ button in the left panel menu
- Under ‘Settings’, click ‘Payments’.
- On the ‘Payments’ page, click ‘Manage payment options’.
- Click ‘Add payment method’.
- Next, you’ll be prompted to add your bank account details. In general, you will be asked to provide the following:
- Name on the account / account holder’s name
- Bank account number
- Bank name
- Bank SWIFT code
- Depending on where you are based, additional information may be required.
- Ensure that the name on your AdSense account matches the name on the bank account you provide. To edit your AdSense name, click the ‘Manage settings’ button also on the Payments page.
Part 4: Receiving Payments
To get paid by AdSense, you need to reach the $100 threshold. You may wish to set a higher threshold but as a rule, earnings below the $100 will not be processed for payment (you will still receive the money, it will just keep adding up until it gets to $100 and then you’ll be paid).
Also, bear in mind that AdSense follows a monthly payment cycle. This means that a month’s earnings (assuming they meet the threshold requirement) will be paid next month. Usually, direct deposit payments will be processed between the 21st and 26th of every month. That said, it can take up to 10 days for electronic wire payments to be received.
In addition to reaching the payment threshold, be sure that you have no payment hold on your AdSense account. A payment hold can cause your earnings to be withheld even if it has reached the payment threshold.
To avoid a payment hold, be sure to provide the necessary tax information, verify your identity and your address, make sure the bank account linked to your AdSense is verified, and make sure you have not violated any of YouTube’s guidelines and community rules.
Conclusion
Depending on your vlogging skills and the nature of your content (some types of videos get more attention than others), it can take a while for you to be eligible for monetization. And even when you’ve successfully monetized your channel, getting enough views to reach the payment threshold can be tough.
Don’t let this discourage you from working towards earning income from your YouTube channel. Just focus on creating a YouTube channel people will want to watch. That’s how to get paid on YouTube - be sticking with your channel long enough for it to grow.
Richard Bennett
Richard Bennett is a writer and a lover of all things video.
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Smart Money-Making on Youtube Shorts
YouTube offers content creators a platform for creating a lucrative career. Of the major developments made in the recent past is the introduction of Shorts. These short vertical videos have grown in popularity as more people view videos on their phones. With this development, the YouTube Shorts fund was launched to reward creators for their efforts. The fund allows creators to monetize their Shorts quickly, supporting and incentivizing them to create high-quality Shorts content. In this article, we will explore the YouTube Shorts Fund 2023, including YouTube shorts fund eligibility.
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Part 1. YouTube Shorts Fund: Introduction and Benefits
YouTube launched YouTube Shorts Funds in 2021 to financially support creators who produce engaging and popular Shorts content. The monetization scheme would distribute $100 million to high-performing creators on the platform. The creators would receive high engagement and views from their Shorts for funding.
The main objective of the YouTube Shorts fund is to encourage creativity, diversity, and innovation in Shorts content creation. The fund operated between 2021 and 2022. It lets creators earn $100 - $10,000 a month for their content.
Participating in YouTube Shorts Funds offer several benefits to the creators:
- Additional Exposure: YouTube Shorts are predominately featured on the homepage, allowing creators to reach more people.
- Recognition: YouTube recognizes top Shorts creators through the Shorts Funding program, encouraging them to create more quality content.
- Potential Earnings: Creators can monetize their Shorts content in several ways including adding and other unique features.
YouTube incorporated monetization of Shorts in its YouTube Partner Program (YPP). Therefore, YouTube merged the Shorts Fund with the YPP in February 2023. This led to YouTube Shorts Fund 2023 which now offers creators more opportunities to make money quickly on YouTube.
Part 2. Making Money with YouTube Shorts: Eligibility and Earnings
The new YouTube Shorts monetization policy means that content creators on YouTube with access to the YPP can also earn from Shorts. The revenue-sharing model has now taken the place of the YouTube Shorts Fund, which only rewarded creators using YouTube’s money. However, creators don’t have to be members of the YPP to start receiving YouTube Shorts funding. They only need to meet certain requirements, make unique content, and adhere to Community Guidelines.
- YouTube Shorts Fund Eligibility
- Additional Steps of Actions to Activate YouTube Shorts Funding
- What the YPP Shorts Fund Entails
- How Much Can You Make with Short
YouTube Shorts Fund Eligibility
As of 2023, YouTube offers Shorts Funding as a monetization option. Creators can also choose to monetize with YPP combined with Shorts Fundings.
The eligibility requirements for Shorts funding include:
- At least 1,000 subscribers
- At least 10 million public Shorts views in the last 90 days
To become a member of the YPP and start accessing Shorts funding this way, the minimum requirements are as follows:
- At least 500 subscribers (You previously needed 1,000)
- At least 3,000 public watch hours over the last 13 months (You previously needed 4,000)
Additional Steps of Actions to Activate YouTube Shorts Funding
In addition to the basic eligibility requirements, creators are also required to take additional measures to comply with YouTube’s requirements. Additional steps include:
- Ensuring AdSense Account is active and in good standing: Since ad revenue will be paid through AdSense, you need to make sure your account is in good standing.
- Review and Accept the Terms of Shorts Monetization Module: In the YouTube Studio, head over to the Shorts Fund section and click on the Terms and Conditions link.
- Enable Monetization for Individual Shorts: Edit the monetization settings for each Short to start generating ad revenue.
- Comply with YouTube Policies and Guidelines: Visit the YouTube Creator Academy to learn more about the platform’s policies and guidelines.
What the YPP Shorts Fund Entails
The YPP Shorts Fund program includes the following features:
- Watch Page Monetization – Creators earn ad revenue from long-form content, YouTube Premium content, and live streams
- Shorts Monetization Module – Creators earn money from ads that play between YouTube Shorts.
- Commerce Product Addendum – Additional monetization features, including Super Chats. Channel Memberships, Super Thanks, and Super Stickers.
The amount of money you can make on Shorts often varies. It can be hard to make decent money on Shorts sometimes, and other times it brings in a nice chunk of revenue. Unfortunately, the earnings are not as spectacular as the long YouTube videos. Most creators agree that the revenue per thousand views (RPM) for shorts is around $0.05 - $0.07. This would translate to about $50 - $70 for a million Shorts views. Although the ad revenue is relatively lower, you can generate more revenue with the shopping features. This will depend on how wee you keep your audience active and engaged.
Part 3. How to Use YouTube Shorts Funding: Application and Activation
The process of applying for and activating YouTube Short Funding is simple. You need to accept the Shorts Monetization Module in your terms and conditions. After activating, monetization starts immediately.
Head over to the YouTube Studio. Sign in to your account to accept the terms. Be sure to use a web browser because the YouTube app will not allow you to make these changes. Accept the terms and follow these steps to turn on the ads:
- Setp 1: Click the Content button at the bottom of the menu in the YouTube Studio
- Setp 2: Pick the video you want to monetize, and click Edit
- Setp 3: Select the Earn tab pick on, and choose the ads you want to turn on.
- Setp 4: Save your settings and the ads will be active.
Part 4. Editing YouTube Shorts for More Revenue with Wondershare Filmora
The best way to earn from the YouTube Shorts Fund is to create quality content. With good video editing software, you can achieve this and build a community of subscribers. Wondershare Filmora is a video editing software that is effective in creating quality Shorts videos. It supports various video resolutions, including vertical videos. It also has some fascinating features that make every creation unique and exciting. Take your overexposed footage to cinema-quality Shorts video that will keep your audience engaged.
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Filmora can help create visually appealing and engaging videos, ultimately increasing the chances of monetization on YouTube. The following features make editing videos on Filmora quick and easy.
1. Auto Reframe
You may have recorded horizontal videos and want to upload them as Shorts. The Auto Reframe feature allows you to automatically resize the video in seconds. You only need to choose the clip you want to resize and reframe it. No editing skills are required to do this.
2. Add Text to Video
Texts tell the audience what is happening in the video. It is also a great way to highlight major events in YouTube Shorts. The Add Text to Video feature on Filmora makes it easy to add text or captions to your videos.
3. Auto Synchronization
When editing Shorts, you will likely add many footage in a short video. It is common for the audio to end up being where it is not supposed to. The Auto Synchronization feature is the ultimate audio sync. It effortlessly matches your audio with the video, making sure viewers see what they hear
4. Mask & Blend
Creativity is a major component of YouTube Shorts content. The Filmora Masking and Blending mode helps you make creative video clips. It comes with a pen tool for creating free-form shapes on the go. Make your videos more impressive to your audience.
5. Auto Beat Sync
With YouTube Shorts, you need to entertain your audience in under a minute. A combination of visual and audio elements makes the video more entertaining. The Auto Beat Sync feature matches the footage with the music automatically. Be sure every beat corresponds to the scene.
Conclusion
The YouTube Shorts Fund offers an exceptional for creators to make additional income on the platform. Although the original Funds program has been updated with the latest monetization policy, creators can still generate nice revenue amount. As a creator, you need to publish quality and highly engaging content. With Wondershare Filmora, you can create content that will generate more revenue on the Shorts platform. The video editing software offers fantastic features that make video editing quick and fun.
- Title: [Updated] Financial Fortitude for YouTubers Beyond Basic Earnings for 2024
- Author: Jeffrey
- Created at : 2024-08-20 14:24:09
- Updated at : 2024-08-21 14:24:09
- Link: https://eaxpv-info.techidaily.com/updated-financial-fortitude-for-youtubers-beyond-basic-earnings-for-2024/
- License: This work is licensed under CC BY-NC-SA 4.0.