The 21st century has valued creativity a lot. We can now think out of the box and follow our passion while earning a good livelihood. And what comes to your mind when you are to show your talent? YouTube, yes! YouTube is one of the largest platforms where you can post videos and get yourself noticed.
We all know that YouTube has this monetization policy to earn a handsome amount from your videos. But have you ever wondered how much? Well, you have been crawling the web, and you have come here to know that, right? Just stick on! Because if you have been finding how much can be made from 1 million YouTube Views, we will answer that.
Before this, you may have found some people telling you it’s $1 per 1000 views or $3 per 1000. Some may even say that it’s $10/1000. As you can see, there’s no definite answer. So, before the start, we want you to learn how YouTube monetization works. So, without any further ado, let’s get started.
How Does YouTube Monetization Work?
As of January 2021, YouTube is the second most popular social site on the web, with around 2.2 billion users worldwide. It probably tells how attractive the site is from the large potential marketing point. So, how do you actually earn money from making YouTube videos? There are many ways for that, but a majority amount comes from the views.
But then again, how do you earn from views? It happens when you link your YouTube account with Google AdSense. Yes, to monetize your videos, you need to link them to google AdSense. Google AdSense is the largest digital ad publishing company. Once you link your account to it, Google will start placing ads on your video depending on various factors.
Now, as your views keep growing, you keep earning from these ads. People have to take various actions on these ads, though. But, these ads help you earn money from YouTube videos. But then again, why do payments vary? Many have asked this question seeing the different payments on their other videos with almost the same views.
YouTube ad payments vary depending on various factors. Some of the most relevant factors are-
Type of Ad
The type of ad displayed on your video decides the pay height. YouTube provides two types of ad payments- CPM or Cost per thousands view and CPC or Cost per click. CPM or Cost per thousands view is what more people aim for kinds. For CPM, you can expect to get around $1 to $5 per 1000 views.
On the other hand, CPC or Cost per click depends on ad clicks. Although the payment is relatively high, you won’t receive it until someone actually clicks the ad. There is no payment for CPC if someone skips the ad instead.
Type of Video
The type of video plays an essential role in your payment. Google AdSense does not place ads randomly. Instead, their algorithm knows well which content is relevant to some specific ad. Presuming you spend quite a lot of time on YouTube, you may have seen different videos having different ads. c
For example, finance-related content mostly has finance-related ads. Again, if you are checking the gadget on YouTube, you will see some advertised alternatives. So, Google AdSense has this idea about the content. Depending on your content, Google puts certain ads on your video. Now, if that ad is a high-paying one, you are likely to get a higher payment.
Source of Views
Source of views or the market also decides how much you will make out of your videos. For example, if your video is seen mainly by wealthy countries, your profit will be higher. For instance, if your ad targets American people, the ads put on your channel will also have the same target.
Since the American market has a high-paying scheme, you will gain more. It is also related to the type of content you are making. The subscribers also play a role in it. If you have more subscribers in Africa than in America, you will likely make a lower profit out of ads.
How Much Money Can You Make From 1 Million YouTube Views
Okay, so before you start making money on YouTube, you need to qualify these:
- Agree and sign to the YouTube terms and conditions
- At least 1,000 subscribers
- 4,000 valid public watch hours within the past 12 months
- Have a valid AdSense account
- Get reviewed and approved
But since we are talking about 1 million views on YouTube, we presume you have it all. But, if you are struggling with getting subscribers, try to buy YouTube subscribers to get yourself started. Once you have it all, you can start monetizing your videos.
So, now your videos are getting ads on them, which are helping you monetize. Google pays you 68% of the ad revenue. If that is counted, you get $68 for every $100 that an advertiser pays to Google. Now, if even 15% of your viewers watch these ads, for a 1000 viewed video, you will have 150 ad views. An average advertiser pays Google between $0.10 and $0.30 per ad view. Considering that, you can expect to earn around $3 to $5 per 1000 views on your videos, whereas $18 for 1,000 ad views.
Now, it’s just a matter of mathematical calculation. So, the above numbers tell that if you are to get around $3 to $5 for every 1,000 views, for a 1,000,000 view, you can expect anything between $3,000 to $5,000. It is undoubtedly a lucrative amount of money for a successful YouTuber.
But you can earn more than this as well. For example, if your 1,000,000 fan base provides you with at least 1000 ad views per week, you can make $18×1,000 = $18,000/week. So, focus on creating consistent content that can keep your viewers intact. A successful YouTube creator should at least post 1 video every week.
Considering one video with at least 1,000 ad views per week, the number of your earnings can go as high as $72,000 a month. But the actual number may vary. For example, ad views are not always as straightforward as that. Also, as we mentioned before, certain factors are there to decide the actual payment.
But for one thing, there is no precise number stating the actual income of a person having 1m views. So, if you have just touched this height, you can get anything between $3,000 to $18,000 or even more. But you have to be consistent and keep making quality content. Also, your content should meet all YouTube policies to avoid getting demonetized.
What Are Some Other Ways to Make Money from YouTube
So, is ad sense the only way to make money out of your YouTube videos? Well, no! If you are an explorer, you have plenty of other opportunities on YouTube. Making handsome money out of your YouTube videos may demand quite a time. So, here are two other ways in which you can make some good money-
YouTube has more than 2 billion users worldwide. So, can you imagine the large potential market size? If you can, you may know why YouTube is an attractive place for affiliate marketing. Videos have a way to convince people more quickly than blogs. Have you never seen a YouTuber promoting a brand on his channel?
Well, give it a thought! Haven’t you ever heard them saying, “This is my favorite brand!” Yes, you now get it, right? YouTube channels, especially those review channels, earn handsome money from affiliate marketing.
After the review, they put the link on their description that you follow to buy a product. So, you can start that too and earn money simply from affiliate links.
You probably have also seen famous YouTubers selling their merchandise. Well, not to mention this has a considerable market value. Not only does it increase your brand value, but it also lets you generate extra income. You would be amazed to know that YouTubers like PewDiePie generate as high as around $6 million monthly selling their merchandise.
However, you have to have quite a fan base to start selling your merch on YouTube. If people don’t know you or don’t follow you, it’s unlikely that they will buy from you. Hence, focus on your brand promotion to create a brand of your own. Then you can count this extra income from selling your merch.
Sponsorship is one of the most common ways of generating income on YouTube. However, to get sponsors, you would need to have a considerable number of subscribers and viewers on your channel. Some businesses or some other channel may ask you to promote them in your video in this process.
Have you ever heard some YouTuber saying, “This video has been sponsored by *someone*?” If you have, that is sponsoring. So, focus on your subscribers and viewers to get some high-paying sponsorship.
So, as you could see, there is no definite answer for what you can earn from 1 million views. However, you can expect an average income of $3000 to $5000 from this view. YouTube is one of the best platforms to unleash your hidden talent. And the best part that your talent can help you earn money as well. But you have to be passionate and dedicated for that.
Make your goal to become better. Focus on your branding, and you are all set to go. Before we end, you might want to visit our guide on how to get a custom URL on youtube. It will help you make your channel look more professional.