Making money on YouTube has become a reality for many content creators. With 30 million active users every day, YouTube has grown so much that creating and posting videos on the platform is now a full-time career for thousands. Nowadays, young kids and teens dream of becoming the next big online star instead of Hollywood celebrities. And it’s easy to see why—many YouTubers actually earn a significant income from their content.
How Much Money Can You Make on YouTube?
So, how much money can you make on YouTube? Let’s put it this way: the highest-earning YouTuber, Ryan Kaji, a 10-year-old boy who reviews toys, made a staggering $26 million in 2019 alone. Shocking, right?
Let’s take a second to recover from that.
How Can You Earn Money on YouTube?
By now, you’re probably wondering how he did it—and how making money on YouTube could work for you. But before you get ahead of yourself, remember that Ryan’s case is part of a rare 3% of YouTubers who make millions each year. Even though 40% of YouTubers earn six figures annually, reaching that level requires consistency, creativity, and a lot of hard work.
Aside from creating high-quality content, there are several ways to monetize your YouTube channel. First, it’s important to understand that YouTube does not pay per subscriber. While having many subscribers boosts your channel’s visibility, monetization is primarily based on views and engagement. Thus, getting youtube views is fairly important. However, subscribers still matter—a strong following makes it easier to attract sponsorship deals, which is a key revenue stream for YouTubers.
How Can You Earn Money on YouTube?
By now, you’re probably wondering how he did it—and how making money on YouTube could work for you. But before you get ahead of yourself, remember that Ryan’s case is part of a rare 3% of YouTubers who make millions each year. Even though 40% of YouTubers earn six figures annually, reaching that level requires consistency, creativity, and a lot of hard work.
Aside from creating high-quality content, there are several ways to monetize your YouTube channel. First, it’s important to understand that YouTube does not pay per subscriber. While having many subscribers boosts your channel’s visibility, monetization is primarily based on views and engagement. However, subscribers still matter—a strong following makes it easier to attract sponsorship deals, which is a key revenue stream for YouTubers.
Ways to Make Money on YouTube
1. Sponsorships and Paid Content
One of the main ways YouTubers earn money is through brand partnerships. Like influencers on Instagram, YouTubers get paid to promote or review products. According to Observer, a YouTuber with 50,000 subscribers can earn up to $10,000 per sponsored video. However, it’s essential to collaborate with brands that align with your values to maintain credibility and audience trust.
2. Affiliate Marketing
Affiliate marketing is another great way to generate income. Basically a company partners with a YouTuber and provides a special discount code to encourage viewers to make purchases. For each sale made through the link, the YouTuber earns a commission.
💡 If you create content and need high-quality background music, check out HookSounds’ affiliate program. Gain access to our extensive music library and earn commissions while using royalty-free tracks in your videos!
3. Ad Revenue
The most common method of making money on YouTube is through ad placements. These ads appear before or during videos, and YouTubers earn revenue based on ad views and engagement. The average YouTube ad rate is between $0.01 and $0.03 per view, meaning a YouTuber can make approximately $18 per 1,000 ad views.
However, before you can start earning ad revenue, you must meet YouTube’s monetization requirements:
✔ 1,000 subscribers
✔ 4,000 watch hours in the past 12 months
✔ Approval for the YouTube Partner Program
Why Royalty-Free Music is Essential for Monetization
A crucial yet often overlooked aspect of making money on YouTube is using royalty-free music. If you use copyrighted tracks without permission, you risk receiving a copyright claim, which could prevent monetization or even lead to your video being taken down. Trust me, YOU DO NOT WANT THIS
This is where HookSounds comes in. We provide high-quality, royalty-free music so you can create professional content without worrying about copyright restrictions. With a PRO license, you can monetize your videos without any issues.
🎵 Start using HookSounds today and take your YouTube career to the next level!