How to Generate Passive Income from YouTube in 2022

How to Generate Passive Income from YouTube in 2022

YouTube is a platform that keeps growing every year. Every year, the number of opportunities to make money off the platform also increases. Not all YouTube channels need to have millions of subscribers to be monetized or have high earning potential. In 2022, user engagement is more important than the number of subscribers/views a channel has.
How can users generate YouTube views by boosting engagement with their audiences? Here’s the complete guide to earning passive income from a YouTube channel –

Qualify for the YouTube Partner Program (YPP)

Advertising is the main way creators earn money from YouTube. Join the YouTube Partner Program (YPP) to set up your profile for monetization. Once you become a YouTube partner, you can create an AdSense account to receive payments from YouTube. To qualify for the YPP, you’ll have to meet these criteria -

• Have 1,000 or more subscribers
• Have 4,000+ hours of watch time
• Make sure your country supports the YPP

Once you become a partner, monetize the channel by creating an AdSense account. To start this process, go to your account. Enter the YouTube Studio section and click on the option that says “Monetization.”

Set Up an Ad Revenue Payments System

Your videos will receive payment in accordance with the number of ads watched by your viewers. Learn what’s the rate of YouTube income per 1000 views in your location. You can start transferring money from your profile’s AdSense account once you earn your first $100. Here’s a brief idea of how YouTube payments work -

• For every 1000 ad views, brands pay a certain fee to YouTube.
• YouTube collects 45% of these fees. The rest (55%) goes to the creators.
• Typically, creators earn anywhere between $0.5-$7 for 1000 views.
• This rate depends on factors such as – location of the viewers, time of year, type of content, and video length.
• Creators that create videos longer than eight minutes get to add two ads to their videos to double their revenue.

Typically, creators in the US and Europe command the highest ad rates. Ad payments also skyrocket during shopping seasons (e.g., November to December). Family-friendly content, finance-related videos, and tech reviews are the types of content that receive more payment from YouTube. 

Earn Money via Fan Funding

Creators can now generate YouTube income directly from their fans. The process of earning fan funding directly from highly engaged subscribers is getting easier every year. Creators who are part of the YPP can use features like channel memberships, Super Chats, etc., to seek fan funding.

• Channel Memberships: Let viewers support your content via monthly payments in return for member-only features/advantages. Set up five levels of membership on your account and assign special perks at each level. The more levels your subscribers climb, the more you earn.
• Super Chats: Create a tipping jar for your channel during live streams. Ask viewers to donate tips in return for your attention.
• Super Thanks: Similar to Super Chats, this feature allows viewers to thank the creators via one-touch payments.

Earning revenue on YouTube is getting easier every year. Launch your own channel and get started!