"[Updated] How to Turn YouTube Shorts Into a Money Machine Key Requirements & Income Potential for 2024"
How to Turn YouTube Shorts Into a Money Machine: Key Requirements & Income Potential
YouTube Shorts have grown in popularity since the launch of the platform in 2021. At first, they offered a way for creators to share their content in a vertical format. However, YouTube Shorts monetization is also a great way for creators to earn money. When you monetize YouTube shorts, you increase the potential of earning more income on the platform. In this article, we explore what entails monetized YouTube shorts and how to increase your YT shorts earnings.
YouTube Shorts Monetization A cross-platform offers useful features for making your YouTube videos stand out to earn more revenue!
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Part 1. YouTube Shorts Monetization: Eligibility Criteria
With short monetization options, you can monetize your short-firm content by joining the YouTube Partner Program (YPP). Being a member of this program gives you access to all tools for making money on YouTube. This includes the ability to place ads on your videos or make money directly from your audience through fan funding.
Eligibility Requirements for Monetizing Shorts
The easiest way to monetize Shorts on YouTube is to access the fan-funding program. This program gives you access to special tools that you can use to generate revenue by interacting with views. This is a great option for creators who primarily make short-form videos. The requirements for this option are as follows:
- At least 500 subscribers to your channels
- At least 3 public video uploads in the last 90 days
- At least 3,000 public watch hours in the last 365 days, or
- At least 3 million public Shorts views in the last 90 days
Eligibility for Monetizing Shorts and Videos
The other way you can monetize shorts is by accessing ad revenue and fan-funding. With this option, you will generate income from ads that appear between Shorts in addition to interacting with viewers. This is a great option for creators who make long and short videos. The requirements for this include:
- At least 1,000 subscribers to your channels
- At least 4,000 public watch hours in the last 365 days, or
- At least 10 million valid public Shorts views in the last 90 days
Additional Guidelines for Creators
Once you meet the eligibility criteria, you will be required to follow certain guidelines or policies to continue earning. The additional guidelines include:
- Follow YouTube’s Advertiser-Friendly Content Guidelines
- Make sure your channel does not have active Community Guidelines Strikes
- Live in a region where the program is available
- Avoid uploading another creator’s content by transforming the content or adding a new perspective to it
- Avoid using unedited clips from TV shows or movies that you don’t have rights to
- Don’t pay for fake or automated views
- Turn on 2-Step verification for your Google Account
- Have an active AdSense account
- Have access to advanced YouTube features by verifying your identity
Part 2. Monetizing YouTube Shorts: Step-by-Step Guide
Can you monetize YouTube shorts? Yes, in more than one way. The easiest is through the ad-revenue sharing model. Follow these steps to become part of the YPP and start monetizing your Shorts on YouTube:
Step 1Sign in to YouTube
Step 2Select YouTube Studio
In the top right of the YouTube page, click on your profile picture. From the pop-up menu that appears, select YouTube Studio.
Step 3In the left menu, Click on Earn
Step 4
If you are eligible for the YPP, you will see an Apply Click on it to go to the next step. If you are not yet eligible, click the Get Notified button to be notified once your channel becomes eligible. That’s when you will have the opportunity to finish the application process.
Step 5
Click Start to review and accept YouTube’s Base terms.
Step 6
Link your existing AdSense account if you have one. If not. Click Start to set up a new one.
Step 7
Wait for YouTube to review and approve your application. The process will normally take a month. Once you are approved for the YPP, go to the Earn section in YouTube Studio. Then accept the Shorts Monetization Module. This will allow you to access ads and other money-making tools on YouTube.
The instructions shared above are for applying for the YPP using a computer or desktop. You will still follow the same steps when using a mobile device, but you will do so using the YouTube Studio app.
The money-making feature monetizes Shorts in exciting ways. To start monetizing with Super Thanks fan funding, click Supers on the Earn tab in YouTube Studio. Then click Get Started, and follow the presented prompts. The same process is applicable for Channel Memberships, and other fan-funding options.
Part 3. YouTube Shorts Monetization: A Realistic Look at Earnings Potential
Monetizing YouTube Shorts has the potential to make decent earnings. Although the amount is not as much as a long-form videos, it is a great way of making money on YouTube quickly. Most YouTube Shorts creators agree that the revenue per thousand views (RPM) for short-form content is currently around $0.05 - $0.07. This means that for a million Shorts views, you will make $50 - $70.
Factors That Influence Earnings
The amount of money you make on YouTube Shorts is not fixed. It will depend on several factors, including the revenue channel and your interactions with viewers
- Ad revenue: A higher view count on Shorts increases ad revenue from the ads that are between Shorts on the platform.
- Viewer engagement: Viewer engagement brings in additional revenue through features like Super Thanks.
- Number of monetized Shorts: Monetizing most of your short-form videos will increase the revenue generated.
- Shopping Revenue: How well you promote your products and the set price point of the products will determine the shopping revenue generated.
Examples of Creators Who Have Earned from Shorts
The revenue-sharing program is the easiest way for creators to earn money on YouTube. Since monetizing their Shorts, these creators earned some decent bonus amounts:
- Hassan Khadair (2.1 million subscribers) - Earned $872.14 in ads from 22 million Shorts views
- Riley Lemon (84,000 subscribers) - Earned $76.23 in ads from 1.9 million Shorts views
- James Seo (573,000 subscribers) - Earned $445.09 in ads from 10.3 million Shorts views
- Matthew King (212,000 subscribers) - Earned $163.73 in ads from 4.2 million Shorts views
Part 4. Editing YouTube Shorts with WonderShare to Boost Revenue Potential
The best way to reap big from Shorts YouTube monetization is to make quality videos that will go viral easily. Videos that generate more views will earn you more revenue and increase the number of subscribers within a short time. With Wondershare Filmora, making such videos is easy. The video editing software offers useful features for making your videos stand out. From jaw-dropping sports videos to cinema-like production, the choice of options is endless.
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The choice of Filmora features you use on your editing projects will depend on your goals. Here are a few favorites to get you started:
1. Auto Reframe
Before uploading a short-form video on YouTube, you want to make sure it is of the right resolution. The Auto Reframe feature on Filmora allows you to instantly resize your videos while keeping all the important details. You only need to record one video for all platforms, and edit to fit with auto reframe.
2. ** Text to Speech
Narration is an important aspect of YouTube Shorts. You can tell what is happening in the clip in the simplest way for your audience to understand. The Text to Speech (TTS) feature on Filmora allows you to convert your text files to voice-over. This makes your Shorts video more entertaining and enriched with more elements.
3. AI Portrait
Just like other vertical social media videos, Shorts require some bit of personalization. You may want to add a bit of elements or filters. The AI Portrait feature automatically removes background with high accuracy to further enhance your videos. It also comes with over 70 portrait and sticker effects to bring out the mood you are going after. Automatically recognize the faces of your subjects and add AR stickers on the go.
Conclusion
YouTube Shorts have become immensely popular. They tend to have a higher ROI and receive more engagement compared to long-form video content. This makes vertical short-form videos more important and lucrative for content creators. When it comes to YouTube short video monetization, posting quality videos is the key ingredient. We recommend using Wondershare FIlmora to edit your videos. This will make sure they are more entertaining and keep more people engaged.
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Navigating YouTube Shorts Investments
All You Need to Know About the YouTube Shorts Fund
Shanoon Cox
Aug 18, 2022• Proven solutions
Ever since Snapchat launched the format and TikTok heated up with the same, the short-form vertical video has been almost everywhere, including our all-time favorite YouTube. Instagram jumped on the short-form standing video bandwagon with its Reels and Stories features, and Facebook cloned the same format as Facebook Stories.
Thus, the trend of vertical video exploded during the pandemic.
YouTube Shorts is an infant feature that allows creators to upload short-form vertical videos to the platform, adding various TikTok-like enhancements, from colorful text to images to different music additions.
YouTube Shorts F und is identical related to YouTube Shorts. This is quite an interesting concept to study as it’s associated with the vast platform.
The best part of YouTube Shorts? YouTube has signaled their attention to help creators monetize Shorts and transform them into a solid news revenue stream. To that concern, the company has decided to pay creators at least $100 million for their YouTube Shorts monetization through 2022.
Here we are going to introduce you how to make money on YouTube Shorts and some monetization tips. Just watch the below video.
- Part 1: What’s YouTube Shorts Fund?
- Part 2: How to Join/Apply for YouTube Shorts Fund?
- Part 3: How to Claim Bonus Payment from YouTube Shorts Fund?
- Part 4: FAQs about YouTube Shorts Fund
Part 1: What’s YouTube Shorts Fund?
The YouTube Shorts Fund is a part of the YouTube Shorts monetization scheme. It’s a $100M fund distributed throughout 2021 - 2022.
As per YouTube’s official website source, anyone can participate in the fund simply by creating unique and engaging Shorts that delight the community of YouTube to a great extent.
Each month, YouTube reaches multiples of creators whose Shorts received the most views and engagement to reward them for their contributions. YouTube also asks the creators to share their feedback to continue enhancing the overall product experience. So, this activity relates to the YouTube Shorts Fund eligibility.
However, this YouTube Shorts Fund is generally not limited to just the YouTube Partner Program creators. Such creators will be eligible to participate if they adhere to all the Community Guidelines and create only original content for Shorts.
Moreover, YouTube kept sharing additional details as they got closer to the same concept.
The Future of Monetization on Shorts
As discussed earlier, the YouTube Shorts Fund is the first step in their journey to build YouTube Shorts, a monetization model.
Even YouTube is excited to begin rewarding creators for their contributions via the YouTube Shorts Fund. On the same note, they’ll expand their Shorts player across various YouTube surfaces to assist people in looking for new artists, creators, and Shorts to enjoy.
All in all, YouTube has helped an entire generation of artists and creators turn their creativity into businesses with the YouTube Shorts Fund. YouTube has paid $30 billion-plus money to artists, creators, artists, and media companies over the last three years. They remain deeply committed to supporting the next generation of mobile creators while introducing the YouTube Shorts Fund.
Part 2: How to Join/Apply for YouTube Shorts Fund?
First, know that every creator on the platform is eligible to know the YouTube Shorts fund eligibility.
Your channel has to comply with a strict set of eligibility requirements to activate the YouTube Shorts monetization.
Your channel has to have multiples of subscribers and four thousand hours of watch time to join the YouTube Partner Program. However, the case is quite different when it comes to YouTube Shorts eligibility.
The YouTube Shorts Fund only has a single requirement of eligibility criteria to know how to join the YouTube Shorts fund. You have to create original yet lovely content for the viewers.
You don’t have to be the YouTube Partner Program’s part, nor does your channel have to meet its requirements for monetization. The Shorts Fund is open to each creator.
YouTube will directly reach out to creators about the fund.
So far, there’s not a direct way of application for the YouTube Shorts Fund. Creators can’t request an invitation or enroll themselves in the fund. The only way you can join the fund is via a direct YouTube invitation.
YouTube will divide this fund from the Shorts Fund on a rolling basis. The creators who’ve received the highest amounts of views and engagement levels on their YouTube Shorts will receive the rewards. They plan to reach out to multiples of creators each month.
It will help if you keep creating great content to prepare for the YouTube Shorts fund.
The best way you can create is to keep uploading excellent content. You can use this time to become a pro at creating compelling YouTube Shorts among the broader audience base. It would help to grow your audience with Shorts so that your YouTube channel will be present on YouTube’s radar.
The YouTube Shorts Fund is an ideal opportunity for creators of all sizes to activate YouTube Shorts monetization.
Part 3: How to Claim Bonus Payment from YouTube Shorts Fund?
To know how to claim YouTube Shorts Fund or bonus, you’re required to go through the following two steps:
- Accept the terms
- Link an active AdSense account
Creators who do not have an AdSense account will be able to set one up directly on YouTube as part of the procedure of claiming. Once you claim your YouTube Shorts fund or bonus payment successfully, that amount will get added to your monthly cost of AdSense.
It is worth defining that channels creating and publishing non-original content, videos re-uploaded from other channels, and videos with the logos or watermarks from third-party social platforms will not be eligible to claim a bonus payment from the YouTube Shorts Fund.
In addition to the YouTube Shorts Fund, YouTube provides numerous other methods in which creators can earn more revenues from their YouTube content and build their businesses on the platform. These consist of merchandise, ads, YouTube BrandConnect, and channel memberships, among others.
Part 4: FAQs about YouTube Shorts Fund
Here are some common questions about YouTube Shorts Fund for your reference.
1. How do YouTube Shorts go viral?
If we want to go viral at YouTube Shorts quickly, you have to follow the procedure consistently. Digital marketing is not rocket science. For someone, it takes one day to go viral, and for another one, to go viral, it takes one year as well. You only have to remember to create excellent, unique content quite consistently.
2. How long can YouTube Shorts be?
The creation tool of YouTube’s Shorts makes it easy to create short-form videos around 60 seconds long with their multi-segment camera.
3. Can YouTube Shorts be copyrighted?
Yes, it can be! However, you can add anything from YouTube’s audio to any copyright-free music to your YouTube Shorts video content.
4. Why are my YouTube Shorts not getting views?
Reconsider your approach if you’re not getting any YouTube Shorts views.
A common reason behind this is that you do not hold the viewer’s attention. The shorter the content, the more each second counts. Or, maybe your subscribers wish for long-form content.
5. Can you upload a video to YouTube Shorts?
Videos up to 60 seconds will show a trim editor. For videos longer than 60 seconds, you need to hit the Edit button into a Short video size to trim your video up to 60 seconds or less.
Conclusion
If you have already created a short-form vertical video or have a YouTube channel, try Shorts out. It could be an excellent manner to activate YouTube Shorts fund monetization or build an income stream for your channel and a new subscriber base.
If you’ve never used YouTube before, that’s an even great reason to give YouTube Shorts a try. Diving into YouTube can sometimes be challenging — with a potentially broad reach and day-one monetization, YouTube provides unheard-of perks to the creators of new Shorts.
Most people probably wouldn’t get attracted if any other company launched a new short-form vertical video platform. But because Shorts comes from a platform like YouTube — which has a long history of a massive audience, creator-friendly scenarios, and the power of Google backing it up — the new platform is a must-try for any video creator and creative individual. And, the addition of $100 million YouTube Shorts fund in financial support is a lot of delicious icing on the cake.
Shanoon Cox
Shanoon Cox is a writer and a lover of all things video.
Follow @Shanoon Cox
- Title: [Updated] How to Turn YouTube Shorts Into a Money Machine Key Requirements & Income Potential for 2024
- Author: Jeffrey
- Created at : 2024-08-20 15:31:16
- Updated at : 2024-08-21 15:31:16
- Link: https://eaxpv-info.techidaily.com/updated-how-to-turn-youtube-shorts-into-a-money-machine-key-requirements-and-income-potential-for-2024/
- License: This work is licensed under CC BY-NC-SA 4.0.