YouTube, is a social platform like other platforms heading more into short videos, and these are getting huge success in the form of Shorts. Creators can create these shorts and viewers can find these on their watch page. Shorts can help you make money in many ways.
In the below article, we will learn how you can monetize your YouTube videos and shorts.
YouTube Shorts Monetization: How to Profit from Short Videos
If you create short-form content, you might be curious about monetizing your YouTube Shorts, similar to how long-form creators monetize their videos. Good news – yes, you can! This guide outlines various paths to monetize your short content on YouTube.
How YouTube Shorts Monetization Works
A business could put YouTube ads, which could appear in your videos. You could profit from them based on how many people watch and interact with them. However, the monetization strategy of YouTube shorts is different from regular YouTube videos.
A point that needs to be considered is that the money earned by the creators is prevalent, but it solely depends on the number of views on the video and soundtrack you use.
There are different methods that you can choose to earn money from YouTube. Enlisted below are some of them-
- YouTube Shorts ad revenue sharing
- YouTube Premium subscription revenue sharing for Shorts
- YouTube Shopping
- YouTube fan funding
YouTube Shorts Monetization Requirements
- Join the YouTube Partner Program (YPP) to make money from your Shorts.
- Access YouTube’s money-making tools once you’re a YPP member.
- Place ads on your videos to boost your earnings.
- Directly monetize your audience through fan-funding with YPP.
YouTube Shorts Ad Revenue Sharing
When talking about YouTube Shorts ad revenue sharing, the creators get the revenue generated from the ads played between the videos on the Short page. Here is a four steps formula that decides your share-
First, YouTube collects all the revenue from the advertisements played between the videos in the Shorts feed.
YouTube figures out how much of the money that Shorts makes needs to be paid to license music used in Shorts. That cash goes straight to music partners. The Creator Pool gets the rest of the money from ads.
It is wholly based on the share of total views of videos viewed countrywide. For that YouTube equally distributes a percentage of the overall Creator Pool to each creator who surpassed the monetization algorithms.
As per the YouTube guidelines the revenue share formula where 55% goes directly to the allocated revenue, and the creator gets the remaining 45%.
YouTube Premium subscription revenue sharing for Shorts
This way of making money from your YouTube Shorts works like ad revenue sharing in that you get paid based on how many times your video is watched in your country. This method only works for subscription Shorts views.
According to YouTube, the formula is as follows:
“YouTube will pay creators for Shorts 45% of the net income from YouTube Premium set aside to pay them. Some of the money made from YouTube Premium goes to help pay for music licensing.
According to YouTube Analytics, you can see how much money you think you’ll make from ads in the Shorts Feed daily.
YouTube Shopping Features
You can make money from ads and Premium payments and use YouTube Shopping to promote your goods and make money from your YouTube Shorts.
You can tag items in your Short while they are being uploaded if it has any. Users can then peruse and purchase your products without leaving YouTube while continuing to view your Short, as a product overlay will appear on your content.
YouTube Fan Funding
YouTube’s fan funding options are- Super Thanks, Super Chat, Super Stickers, and Channel Memberships. You are eligible for this once you’ve enabled monetization settings.
Super Thanks and Channel Memberships are the ones that matter the most to creators who make YouTube Shorts
Super Thanks, which used to be called Viewer Applause, is a way for your biggest fans to thank you for your work. People can buy a one-time video that they can only see over your Short through Super Thanks. They also get to post a customizable and colorful comment in the Short’s comments section.
There are four different price ranges for Super Thanks, from $2 to $50. You get 70% of Super Thanks’s money after fees and taxes.
Paid members can be rewarded with benefits such as badges, emojis, exclusive content, and live streams through the channel memberships supporter funding program.
Your membership levels can go from $0.99 to $499.There are five tiers, with their benefits and pricing. Creators get to keep 70% of that money, and YouTube takes 30% as a fee.
How much money can you earn from YouTube Shorts?
Now, the biggest question for you readers is how many creators are from YouTube shorts? The answer is straightforward: it depends on the views of the YouTube Shorts. Most of the money made from ads goes to the creators, but how much they get depends on their location and music tracks.
Video shorts on YouTube are also great for businesses and creators with big followings because the total amount you get paid depends on how many views and interactions you get. You make more money when more people watch your video.
Sadly, YouTube Shorts is not making huge profits, at least not yet. Most people who make YouTube Shorts agree they make between $0.05 and $0.07 per thousand views (RPM). For a million views, that’s $50 to $70.
On the other hand, some creators may earn hundreds or even thousands of dollars a month from ads on Shorts. What you’re making, how many views you have, and whether advertisements in your country pay high CPMs (also called advertising fees) are all things that will affect your decision.
Can You Monetize YouTube Shorts Without 1,000 Subscribers
You need at least 1,000 followers on YouTube Shorts to monetize your videos fully. You must also meet one of the following requirements: 10 million valid public Shorts views in the last 90 days or 4,000 proper public watch hours from long-form videos in the previous year.
It is essential to know that watch hours from Shorts in the Shorts Feed do not count towards the watch hour goal. Getting the minimum Shorts views is the better goal to achieve if your main content focus is on Shorts.
How to Apply to the YouTube Partner Program
How do you apply? Knowing how to make money on YouTube Shorts through the YPP is one thing. You have to use the YouTube Studio (YTS) app to send in your YPP application. You can get it from the Apple App Store or the Google Play Store or use a web browser on your phone, tablet, or computer to get to it. The sign-up process is easy and only takes four steps:
Step 1: Open the YouTube Studio app.
Step 2: Open the bottom menu and click Earn.
Step 3: Click Start to review and accept the Terms and Conditions
Step 4: Click Start to open an Adsense account or link an existing one.
YouTube
How to Make Money on YouTube Shorts From the YouTube Partner Program
The YouTube Partner Programme (YPP) includes more than just Shorts. You must meet the following requirements to join:
- Follow YouTube’s rules for making money from your video.
- The YouTube Partner Programme is open to people who live in certain countries.
- There should be no current Community Guidelines strikes on your channel.
- You must enable 2-step Verification for your Google Account.
- You should connect at least one AdSense account to your feed.
To join the YPP, your Shorts channel must also get 1,000 subscribers and 10 million views from people, or your main long-form channel must get 1,000 subscribers and 4,000 watch hours from people in the last 90 days. If your channel and material meet YouTube’s standards for making money, keep reading to learn how to apply to the Partner Programme step by step.
How to Make Money on YouTube Shorts in Other Ways
Earning Super Thanks
Super Thanks lets viewers thank Shorts and long-form video creators. Creators can profit from viewers who show gratitude. Fans may buy a humorous “Super Thanks” animation to express their support.
Super Chat and Sticker
Super Chat and Super Stickers link fans to creators during live broadcasts and Premieres. Live chat viewers can buy Super Chats to emphasize their message or Super Stickers to see an animated graphic.
Channel membership earnings
Creators may make money from members using Channel Memberships. Subscriptions for a little monthly fee let fans support their favorite creator. Fans gain perks not available to non-subscribers.
Sponsorships and brand deals
Brand deals and sponsorships pay you to promote a brand. Reach out to sponsors for brand partnerships. CreatorLink.io and LinkedIn can help you build brand connections.
YouTube Premium Shorts income sharing
YouTube will pay 45% of YouTube Premium net income to Shorts producers. YouTube Premium helps pay for music licensing. The percentage of subscription Short views in each nation determines creative payments.
Join an affiliate program
You can earn money by promoting other people’s products by joining an affiliate network. You get paid a commission for every sale from your partner link. Amazon Associates, eBay Partner Network, and ClickBank are some of the best affiliate schemes.
Use Shorts to increase long-form video views
Try creating Shorts to make your long-form videos more connecting and engaging with the audience in the user’s feed. Then, there are more chances that they will view your page views and lengthy videos. The only condition over here is good content.
Selling Merchandise
Create your merchandise products like t-shirts, mugs, and phone covers. Selling merchandise products to your subscribers and followers is an excellent way to promote your channel and brand.
Why Monetize Your YouTube Shorts
There’s no reason that you should not monetize YouTube shorts. YouTube always supports skills and talent. If you can deliver valuable content to your audience, enroll yourself for a monetization program and shine like a star on the world’s one of the best social media platforms.
1. Engage with a broader audience
You might be aware of the fact that the YouTube algorithm favors Short. It means the chances of your growth through short video content are very high. Focus on creating Shorts and reach more people through it with the best of your content.
2. Low-cost production
Compared to creating long video forms, Shorts require minimal setup at pocket-friendly pricing. You do not need expensive gadgets or setup for Shorts. So enjoy creating content with your mobile phones and monetize with every view count.
3. Monetization potential
YouTube Shorts provides a fantastic way to make money. Marketing, channel subscriptions, retail shelf integration, and live stream Super Chats are all ways you can monetize your video content. Explore the 2023 YouTube Shorts Richlist to learn how much money you can make.
4. Express Your Creativity
Let yourself free from any hurdle that creates hindrances to your creativity. Unleash the full potential of Shorts to deliver your craziest and unique ideas to your audience. The best part of Shorts is its 1-minute duration that prevents your additional hard work from lengthy explanations.
Conclusion
YouTube videos and shorts are a great platform to showcase your skills and share informative content with the users. The more you engage and entertain your audience, the more likely you’ll grow on YouTube and make this well-renowned platform a great source of income for you. Follow the right strategies, and study all the algorithms that make the content sharing and monetization process easy and smooth.
FAQ
How much does YouTube pay for 1,000 views on Shorts?
Under the new Shorts section, YouTube can pay up to $3 for every 1,000 views. However, your earning entirely depends upon the niche, views, and the. Country from which the viewers are coming.
Does YouTube pay monthly?
If your amount exceeds the payment threshold and there are no payment holds, a payment will be issued to you every month between the 21st and the 26th.
How much does YouTube Shorts pay for $1 million views?
YouTube creators can make up to $1,000 to $5,000 for each million views. However, there are a lot of factors that determine the exact amount.
Does YouTube Shorts pay in India?
Yes, Indian creators do get paid by YouTube Shorts. YouTube has set up a $100 million fund for creators to help the ecosystem of people who make videos. People who make interesting videos and get many views on YouTube can earn $100 to $10,000 from their YouTube Shorts.