The new “right to monetize” rules, which were updated to YouTube’s Terms of Service on November 18, 2020, are listed below. I’ll explain what it means to you and what you can do about it.
You give YouTube permission to monetize your work. This can include placing advertisements on or inside your material, as well as charging users a fee to view it. You are not entitled to receive payments under this agreement.
Any payments you receive, such as those through the YouTube Partner Program, channel memberships, and Super Chat, will be treated as royalties. For such payments, Google will deduct taxes.
Ads will be gradually rolled out to a small number of channels that are not part of the YouTube Partner Program. This implies that even if you aren’t a member of the YouTube Partner Program, you may start seeing adverts on YouTube videos. You won’t get a cut of the ad money earned by these adverts, either.
Here’s how I feel about the new rule….
YouTube is a free social networking tool that allows you to reach out to hundreds, if not millions, of people all over the world without leaving your house.
They also offer a free hosting service for all of your channel’s videos, as well as free statistics to help you track the performance of each one.
Another significant advantage is that YouTube video is timeless. It works for you year after year, 24 hours a day, seven days a week. For example, I have films on my YouTube channel that have been generating traffic, leads, and revenue on autopilot for years.
Keep in mind that YouTube has shared ad money with creators for quite some time. You get the remaining 55 percent of YouTube advertising after Google keeps 45 percent. That’s a fantastic deal.
How do you quickly monetize my YouTube channel so that you may take a cut of the advertising revenue?
To be compensated by YouTube, you must first join the YouTube Partner Program, which requires 4,000 view hours and 1,000 subscribers in the previous 12 months.
Here are a handful of methods I’ve found to be quite efficient in acquiring watch hours and subscribers quickly.
Now is the time to go live.
For example, if you go live on your channel for one hour and have ten people watch the entire hour, you have ten watch hours on your channel. If you go live once a week, you’ll quickly reach the required 4,000 watch hours.
Increase the number of times you upload.
Try uploading twice a week if you’re currently only uploading once a week. The more videos you upload, the sooner you’ll reach the 1,000 subscribers and 4,000 view hours goal. You’ll get there faster if you mix the view hours and subscribers you receive from ordinary videos with your live stream videos.