YouTube Shorts Makers Can Now Start Earning Up to $10,000 a Month in Viral Videos
Earlier this month, YouTubers in selected countries could compete for a $ 100 million share of the YouTube Shorts Fund – their creations topped a bunch of the most viral clips.
YouTube says it selects thousands of qualified creators each month to receive compensation from the fund, the first step in its efforts to monetize the short form. Standard-set creators can earn anywhere from $ 100 to $ 10,000 based on watch-hours in their short films, which can be up to 60 seconds long.
The $ 100 million YouTube Shorts Fund will be distributed for the remainder of 2021 and until 2022. YouTube claims that eligible authors can report on the Shorts Fund bonus payouts on YouTube in the second week of each month; they have until the 25th day of the month to request the payment of the bonus before it expires.
YouTube Shorts were launched worldwide last month after a previous epidemic in the US. and other countries, associated with the immense popularity of TikTok ByteDance (which is also replicated on Reels Instagram and Spotlight on Snapchat). Google says YouTube Shorts are fast becoming a global hit: The feature now generates more than 15 billion views a day worldwide, up from 6.5 billion in March, Alphabet CEO, Google, Sundar Pichai announced last week.
Countries that are qualified for YouTube Shorts
Currently, only creators in 10 countries are eligible for YouTube Shorts payments: U.S., U.K., Brazil, India, Indonesia, Japan, Mexico, Nigeria, Russia, and South Africa. “We plan to expand the qualification to other countries / regions soon,” says YouTube.
All YouTube Shorts videos by the author will count towards their short video performance each month they are viewed (not just the month they were uploaded). Bonus amounts are adjusted based on the overall performance of the Shorts channel and the location of its audience. The level of performance required to receive a bonus payment may vary between creators (depending on audience placement, for example) and may vary monthly “due to changes in audience placement and the number of creators that Shorts creates”, “according to YouTube.
10 ways to make money on YouTube
With the launch of Shorts Fund, the creators now have 10 different ways to make money on YouTube. In addition to the YouTube Partner Sharing Program, this includes YouTube Premium Revenue Sharing; channel membership; Super Chat; Super stickers; super thanks; goods sale; concert tickets; and YouTube BrandConnect (formerly known as FameBit) to connect creators with sponsors.
“YouTube evolved from just a place where people upload and share videos,” Robert Kyncl, YouTube’s CBO, wrote on the blog today. “Now it’s a place where creators can find new audiences, connect with fans in a variety of ways, and build growing businesses.”
How to be eligible for YouTube Shorts Fund
To be eligible for payouts from the Shorts Fund, channels must upload in the last 180 days and have at least one Qualified Shorts. They must also comply with YouTube’s Community Guidelines, Copyright Policy, and Monetization Policy. In addition, must be 13 or older in the U.S. (which is the “age of majority” in their country/region) and must accept the program terms and link to an active Google AdSense account in order to receive bonus payments.
YouTube short films that contain non-original content, such as uploading videos from other channels, such as watermarked videos or third-party social platform logos, are excluded from payment.