Curious about the profitability of YouTube Shorts? Wondering if you can make money from YouTube Shorts? The answer is a resounding 'yes.' This blog delves into the world of YouTube Shorts monetization, highlighting strategies that can net you a profitable income stream. Dive into the ins and outs, discover how to make your content profitable, and maximize your earning potential. Ready to turn your passion into profit? Keep reading.
Table of Contents
Can You Make Money From YouTube Shorts In 2024
YouTube Shorts can also be monetized, similar to regular long-form YouTube videos. This means you can earn money from your content. Just like with regular YouTube videos, advertisers can appear in your content, allowing you to monetize them based on views and engagement.
Shorts monetization works slightly differently from a regular YouTube video. All the earnings from content creators are pooled together. How much content creators earn depends on the number of views and music tracks used in their content.
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How Much Does YouTube Pay For 1,000 Views On Shorts?
The money you can make from Shorts can vary from $0.01 - $0.06 per 1000 views. This amount is far lower than long-form videos, where you can earn anywhere between $1.61 and $29.30 per 1000 views, the average being $1.25 to $2.5.
YouTube Shorts Monetization Requirements
To be eligible for YouTube Shorts monetization, your channel must meet specific requirements. The channel must follow all YouTube channel monetization policies. You must live in a country where the program is available.
The creator can’t have any active community guidelines strikes against their channel. The channel must have two-step verification turned on and advanced features enabled. The creator must have or obtain an AdSense account.
For Ad revenue and fan funding, you need either of the following
1,000 subscribers and 10 million public Shorts views in the past 90 days
1,000 subscribers and 4,000 public watch hours on long videos in the last 365 days
Fan Funding Access requirements
At least 500 subscribers, three public posts in the past 90 days, and three million valid public Shorts views in the past 90 days.
500 subscribers, three public posts in the past 90 days, and 3,000 valid public watch hours on long-form videos in the past 12 months.
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How Does YouTube Shorts Monetization Work
The Creator Pool is a concept that is unique to YouTube Shorts monetization. It is designed to be a part of the revenue-sharing system for the YouTube Shorts feature. It is based on the number of views across all Shorts and then distributed to the creator. The revenue from the ads between videos in the Shorts Feed is added to the Pool to reward creators and cover costs from paying out copyright for using music.
The money added to the pool from video content without music is shared across all creators. If you upload a video with music in it, the revenue will be distributed between the pool and copyright claims for many tracks used in the video. The amount in the Creator Pool which includes all the revenue is then divided among creators based on their share of the total views.
10 Methods For YouTube Shorts Monetization In 2024
1. Shorts ad revenue-sharing
The YouTube Shorts ad revenue-sharing program allows creators to earn money based on their Shorts views.
2. YouTube fan funding
“YouTube fan funding” is an umbrella term referring to three ways your subscribers can contribute to your income as a creator. They include:
Channel memberships
You can put a paywall in front of more exclusive content and offer perks like loyalty badges.
Super Chat and Super Stickers
By giving you a small donation, livestream viewers can highlight their messages or get an animated image that appears in a live chat.
Super Thanks
For a few dollars, viewers can buy a fun animation that appears on your video, and a colorful, customizable comment that goes under your video.
3. YouTube Shopping
With YouTube Shopping, you can promote a product by tagging it in your Shorts. A product overlay will show on your video, with a link that takes viewers to the store’s website directly.
4. YouTube Premium
YouTube actually shares the revenue it makes from these paid subscriptions with creators. The platform would distribute the revenue to you monthly, based on the amount of time YouTube Premium members spend watching your content.
5. Sell digital products
One of the best ways to earn money as a creator is to create and sell digital products — think ebooks, courses, and templates.
6. Sell Merch
Creators and brands can make money by selling merchandise online. You can sell branded merchandise (like apparel featuring your image, logo, or favorite catchphrase) or launch a product line associated with your specific content niche.
7. Use Shorts to grow viewership for long-form videos
While this is not strictly speaking a direct form of YouTube Shorts monetization, it’s an important thing to think about when calculating ROI for your YouTube Shorts. Shorts can be the one of fastest ways to build your audience. You can then create and monetize regular long-form YouTube videos, which earn ad revenue at a much higher RPM.
8. Join Affiliate Programs
Affiliate programs pay creators for revenue associated with clicks to links hosted on the creator’s YouTube channel or another platform.
9. Brand Partnerships
Brand partnerships are another method of video monetization. Instead of having YouTube sell ad space on your behalf, you interact directly with brands to negotiate sponsorship deals.
10. Create UGC For Brands
UGC (or user-generated content) is commissioned by brands who want promotional content for their product or service that looks authentic but doesn’t cost as much as a typical influencer marketing campaign. This is a great niche for Shorts creators looking to monetize, no matter how many subscribers you have. Typically, brands pay creators to record and publish product reviews, endorsements, or other types of content.
Create Viral Shorts In Seconds With Crayo
Crayo can help you create unlimited Shorts videos at once, auto-generate captions, add effects, and choose backgrounds and music from free templates. With Crayo, you can go from an idea to a viral Shorts video in minutes. Give it a try today and start making money from your YouTube Shorts!
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