Getting a fortune today can be done through content creation. There are a number of platforms that allow you to show your own content such as YouTube, TikTok, Instagram, etc. Among those platforms, YouTube is the most promising one that earns you extra bucks.
To earn money from YouTube through your content post, you should meet the YouTube policy. One of them is the number of your subscribers. In other words, YouTube will count how many subscribers your YouTube channel has. If you have 1 million subscribers, how much YouTube will pay you?
How Much Money Will You Get from YouTube If You Have 1 Million Subscribers?
It is a huge milestone for you if you have 1 million subscribers on YouTube. With the number of subscribers, we think that a creator can earn a full-time living from this platform. Of course, YouTube creators will earn money through a number of ways. However, the money from the ads commonly constitutes a big chunk of their income.
We can expect that you will earn roughly $60,000 per year on average if you have 1 million subscribers, according to Intuit Mintlife. However, the figures will not always be the exact nominal, since Youtubers with 1 million subscribers may get higher income or lower income.
Furthermore, a video with ads and 1 million views will pay a YouTuber between $2,000 – $3,000. Reportedly, most YouTubers can earn around $18 for every 1,000 ad views. For example, Andrei Jikh, a finance YouTube creator has around 1.7 million subscribers and reportedly he has earned $1.6 million in ad revenue in less than three years.
Another YouTuber, Tiffany Ma, a lifestyle creator earns up to $11,500 per month from ads on her videos. Don’t forget! The richest YouTuber in 2021 is MrBeast who earns around $54 million.
How to Start Earning Money from YouTube?
To earn money from YouTube, of course, you should create content, based on your interests. To start earning money directly from YouTube, you should have at least 1,000 subscribers and 4,000 watch hours in the past year.
After you reach that threshold, you can apply for YouTube’s Partner Program, allowing you to start monetizing your YouTube channels through ads, subscriptions and also channel memberships.
For every 1,000 ad views, the advertisers may pay a certain rate to YouTube and YouTube takes around 45% of the revenue.
How to Get Paid by YouTube?
If your channel wants to get paid by YouTube, you may have to reach a balance of $100 or more from views. It means that you should get 20,000 views if you receive $5 per 1,000 views.
It is known that YouTube offers a program called YouTube Partner Program that allows you to get paid through ads on your page. To be eligible to accepted into this program, you should:
- Have at least 1,000 subscribers
- Reach 4,000 valid public watch hours in the past one year
- Sign and agree to the terms and conditions
- Have an AdSense account
- Get reviewed and approved
After you are in the YouTube Partner Program, you can start earning money through ads. Two key metrics for earning money from YouTube are the CPM rate and RPM rate.
CPM rate means how much money advertisers pay YouTube per 1,000 ad views, while RPM rate is how much revenue a creator earns per every 1,000 video views after YouTube’s cut. Some subjects such as cryptocurrency and personal finance can really boost a creator’s ad rate by attracting lucrative advertisers.
Keep in mind, Google will give you around 68% of the revenue when showing ads with AdSense. For example, if a video earns $1,000 from AdSense revenue, you will earn $680.
If we use Forbes’s estimated pay rate of $5 per 1,000 views, a YouTube video with 1,000,000 views can make upward of $5,000, making it a modern-day influencer. Unfortunately, as we’ve mentioned, there will be estimates and of course some YouTuber content creators may earn more or less depending on the click-through rate, quality of the ad and other factors.
What Can You Do to Earn Money from YouTube?
Of course, there are a number of ways you can earn money from YouTube. To be eligible for the YouTube Partner Program, you definitely need to create good and high-quality content.
Here are some ways you can do to earn money from YouTube:
1) Advertising revenue
Through advertising revenue, you will earn money from YouTube through ad revenue from the overlay, display and video ads.
2) Super Chat & Super Stickers
You can also earn money through super chat and super stickers. Your subscribers or viewers pay to get their message highlighted in chat streams.
3) YouTube Premium Revenue
When your subscribers watch your content, you will get part of a YouTube premium subscriber’s subscription fee.
4) Channel Memberships
You members may make recurring monthly payments in exchange for special perks which you offer.
5) Merchandise Shelf
Your subscribers or viewers will be able to browse and buy official branded merchandise which is showcased on your watch pages.
Here’s a List of Highest-Paid YouTubers!
You may wonder how much YouTubers get paid. After knowing how they are getting paid, you may be curious about how much money YouTubers earn. Of course, there are some YouTubers with different content who get the highest-paid from YouTube. Who are they? Let’s see the list of highest-paid YouTubers below!
|Jake Paul||$45 million|
|Rhett and Link||$30 million|
|Ryan Kaji||$27 million|
|Dude Perfect||$20 million|
|Logan Paul||$18 million|
|Preston Arsement||$16 million|
The point is, if YouTube has proven anything over the past decade, it’s proof that YouTube is a great platform for self-motivated people who are looking to take their career into their own hands. If you are famous on YouTube with your own content, of course you will also get more traffic. Well, the more traffic you get the more money you will also earn.