YouTube has become one of the most popular social platforms in 2024, and everyone is looking for the best way to make money from a YouTube channel. But how should you actually do it? That’s exactly what we’re going to talk about in this article.

First, we’ll share some key information about YouTube channel monetization, such as what it is and what the latest requirements are. Once we know you have all the right information, we’ll discuss the best ways to monetize your YouTube channel.

The Best Ways to Make Money with a YouTube Channel

The best ways to monetize your YouTube channel include the following:

1. Ad revenue (AdSense):
   • Requirements: Reach 1,000 subscribers and 4,000 watch hours and join the YouTube Partner Program (YPP).
   • Revenue sources: Display ads, overlay ads, mid-roll ads and other ad formats shown in your videos.
2. Channel Memberships:
   • Requirements: At least 30,000 subscribers.
   • Revenue sources: Viewers pay a monthly fee to become members and receive perks such as custom badges, emojis and members-only content.
3. Super Chat & Super Stickers:
   • Requirements: Must be in the YouTube Partner Program.
   • Revenue sources: During livestreams or Premieres, viewers pay to send highlighted messages or animated stickers.
4. Merchandise Shelf:
   • Requirements: At least 10,000 subscribers.
   • Revenue sources: Sell merchandise through partner platforms, displayed on the merch shelf under your videos.
5. Brand Sponsorships and Collaborations:
   • Requirements: No fixed requirement, but typically you need a relatively large subscriber base and view count.
   • Revenue sources: Partnering with brands to promote products or do brand campaigns in exchange for sponsorship fees.
6. Affiliate Marketing:
   • Requirements: No fixed requirement.
   • Revenue sources: Placing affiliate links in your video descriptions and earning commissions when viewers click and purchase products.
7. YouTube Premium Revenue:
   • Requirements: Must be in the YouTube Partner Program.
   • Revenue sources: Earnings generated when YouTube Premium members watch your videos, similar to ad revenue sharing.
8. Content Sales:
   • Requirements: No fixed requirement.
   • Revenue sources: Selling digital products via YouTube, such as e-books, courses, music, etc.

By using these methods, YouTube creators can diversify their income sources and maximize their monetization opportunities. The key is to provide high-quality content that attracts and retains viewers, while increasing your channel’s subscriber count and watch time.