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make money from YouTube Shorts, here are the step-by-step instructions:
Step 1: Create a YouTube channel (if you haven’t made one already).
Step 2: Meet the criteria for joining YouTube Partnership Program as mentioned above.
Step 2: Upload YouTube Shorts to your channel. You’ll need to ensure that they align with YouTube’s community guidelines, copyright rules, and advertiser-friendly guidelines. They also can’t have watermarks or logos from third-party social media channels like TikTok.
Step 3: After completing the two criteria mentioned above, apply for the YouTube Partner Program (YPP) through the YouTube Studio app.
For Android users and iPhone users, here’s how to join YPP:
For desktop users, here are the steps:
After you’ve applied, your application gets automatically put into a review queue, where YouTube will check if you’ve met all its policies and guidelines. To see the status of your application, check the Earn section of YouTube Studio.
Step 4: If your application is approved and you’ve entered the YPP after all these steps, congrats! We’re happy for you. Now it’s time to keep making Shorts and earn money.
Grow Your Audience:
- Build a substantial following on your YouTube Shorts channel by creating engaging and shareable content.
Cross-Promotion:
- Use YouTube Shorts to cross-promote your longer videos on your main YouTube channel, driving more views and potentially increasing revenue from ad monetization on those videos.
Affiliate Marketing:
- Promote products or services in your YouTube Shorts and include affiliate links in your video descriptions. You can earn a commission for each sale generated through your affiliate links.
Sponsorships and Partnerships:
- As your YouTube Shorts channel grows, you may attract sponsors or brands interested in partnering with you for promotional content.
Merchandise and Products:
- If you have merchandise or products related to your content, promote and sell them through your YouTube Shorts videos.
Crowdfunding:
- Encourage your audience to support you through crowdfunding platforms like Patreon, Ko-fi, or Buy Me a Coffee.
Eye-catching thumbnails and titles
Creating eye-catching thumbnails and engaging titles can go a long way in grabbing the eyeballs of your viewers. And the best way to master this skill is to study channels whose Shorts gain millions of views and emulate them.
Monitor analytics
Keep an eye on your analytics. Understand what’s working and what isn’t. Here are a list of metrics to check for:
Another especially important metric to track is viewed vs. swiped away. This shows the percentage of viewers who watched your Shorts versus those who swiped away before finishing. If a large number of viewers swipe away, it sends a bad signal to YouTube that your Shorts isn’t engaging enough, and they might prevent showing your video to further viewers.
Diversify revenue streams
Explore other revenue streams. These can include sponsorships, merchandise sales, and affiliate marketing. Earning money through these streams can prevent you from relying on the rather paltry ad money that YouTube offers.
Learn from successful Shorts
A point we’ve discussed before, but is worth repeating, is watching popular Shorts for ideas and inspiration. Analyze them to see what makes them successful and apply what you’ve learned to your own videos.
Experiment with different types of videos
Don’t just stick to one video – be creative and explore different types. Play with them. Again, you can always draw inspiration from other YouTube creators' shorts for this.
Additional ways to make money from YouTube shorts
Making money through YouTube Shorts may not be as lucrative if you’re only relying on ads. However, there are other ways to earn through the medium.
#1 Affiliate marketing
Affiliate marketing is promoting products or services using affiliate links in the comment section of a YouTube Short. When a viewer purchases through your link, you earn a commission.
So, for instance, if you’re reviewing a laptop in your Short, you can add an Amazon affiliate link in the comments section to that item. If anyone clicks on the link and buys a laptop, you get a commission from it (for laptops, the commission rate you earn is 2.5% of the purchase).
#2 Sponsorships
Partnering with brands or companies to create sponsored content can earn you a decent amount of money. The niche can be anything: gadgets, fashion, beauty products, cooking-related items, fitness products, and more.
You don’t need millions of followers to get sponsorship, but you do need a decent-sized following in a profitable niche for the company you want to partner with.
#3 Product sales
Got your own product that you want to sell? You can make creative Shorts that feature the product and then link to your online store in the comments section.
#4 Patreon or other crowdfunding platforms
Patreon is a subscription-based platform where fans pay creators to support them and, in exchange, get exclusive content and benefits.
A lot of big channels with millions of views use Patreon, as it’s a great way to supplement income earned through ads. On average, a Patreon owner makes between $315-$1575 per month. However, you can also earn way more than that – one of the highest earners on Patreon is The Tim Dillon Show, which makes about $101,000 to $253,000 per month on Patreon.
#5 Merchandise
If you’ve got a dedicated fanbase, you can sell merchandise related to your content, such as t-shirts, hats, or other items.
#6 Long-form YouTube Videos
You don’t have to restrict yourself to Shorts – you can also create long-form YouTube videos. The latter can earn you more money per thousand views. These videos make $1.25 to $2.5 per thousand views on average, with the amount reaching even up to $30.
And the best part about making long-form videos is that you can make Shorts easily. To do so, you can use YouTube’s built-in text-based editor. But a better option would be to use tools like Riverside’s clip creator, Magic Clips. Magic Clips uses AI to find the most shareable moments from any recording and turn them into clips. This saves you from a lot of manual editing.
FAQs on YouTube Shorts Monetization
Can you still earn money from the YouTube Shorts fund?
No, you can’t earn money from the YouTube Shorts fund anymore – its operation stopped in Feb 2023. However, you can still make money through the YouTube Partner Program’s new Shorts revenue-sharing model.
How much money is 1,000 views on YouTube Shorts?
The money you can earn from 1000 views can vary anywhere between $0.01-$0.06. Various factors determine this amount, like the country your Shorts are being played in, the number of views your Shorts get, etc.
Do you need 1000 subscribers to monetize YouTube Shorts?
Yes, you need 1000 subscribers plus two other criteria to monetize through Shorts: either 10 million public Shorts views in the last 90 days or 4,000 public watch hours for your long-form videos for the last 12 months.
Can I monetize my channel with only Shorts?
You can monetize your channel with only Shorts, but you may not earn enough unless you have millions upon millions of views.
But you can earn money through other ways, including affiliate marketing, sponsorships, product sales, Patreon, and merchandise.
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