As the year 2024 comes to a close, it’s time to reflect on my journey with my YouTube channel that was monetized at the end of January. I'm excited to share exactly how much I earned through different income streams, not in a bragging manner, but to provide insights and hopefully inspire those contemplating starting their own YouTube journeys. So, let’s dive into the numbers!
Before I delve into the actual figures, it’s essential to clarify how YouTube monetization works. In order to start earning money from YouTube, creators must join the YouTube Partner Program, which requires having at least 1,000 subscribers and 4,000 watch hours within a year. After crossing these thresholds at the end of January 2024, I was officially part of this program.
YouTube generates its revenue from advertisers who pay to display ads on the platform. As a creator, I earn a small percentage of the revenue from ads that run before or during my videos. This monetization model is what largely dictates how the earnings are structured, and it’s key for anyone interested in becoming a YouTuber to understand.
In the year 2024, I made a total of $3,777.19 from the YouTube Partner Program. This sum breaks down into various income streams predominantly drawn from ad revenues on long-form videos. It’s important to note that I earned significantly less from YouTube Shorts, amounting to just $315 for the entire year. Despite creating shorts that garnered thousands of views, the ad revenue associated with them was minimal.
In addition to these earnings, I also made approximately $17.68 from YouTube Premium subscriptions. This small income source arises when Premium members watch my videos, as YouTube shares a portion of their subscription fees with creators. Lastly, I earned $26.60 from YouTube’s affiliate program, which I just joined shortly before the new year, having recently grown my subscriber count to over 10,000.
While my YouTube Partner Program earnings reflect a solid foundation, they are just one part of my overall income strategy. The second and larger income stream comes from linking my YouTube channel to my Amazon presence. Through two key programs—Amazon Associates and the Amazon Influencer Program—I was able to substantially increase my total income.
The Amazon Associates Program allows me to create links to Amazon products, and I earn a commission—typically about 3 to 4%—when someone purchases through those links. In 2024, I earned $672.39 from this program alone.
In addition, as an Amazon Influencer, I create video reviews for products I use, which are then featured on Amazon itself. This platform grants me a slightly higher commission rate, typically around 5%. Since I began participating in this program in August 2024, I generated $1,826.04 from it.
Total Earnings from YouTube and Amazon
Upon calculating both my YouTube income and my earnings through Amazon, the grand total for my primary revenue sources for 2024 stands at $5,533.02. This amount showcases the potential of diversifying income streams when utilizing the platform creatively and consistently.
Reflecting on this journey, I recognize that the road to profitability on YouTube is filled with challenges. Starting a YouTube channel requires considerable effort, and for those anticipating quick riches from just a few uploads, the reality is often quite different. My channel, active since 2020, achieved its first notable income only in 2024.
However, persistence can pay off. Progressing incrementally, continuously improving content, and remaining steadfast has proven that one can succeed—even if the journey involves much patience and hard work.
In closing, if you're considering starting a YouTube channel, my advice is to take that step! Your initial videos may lack perfection, and it might take time before earning dollars, but with dedication, the rewards can materialize over time.
If you're also curious about monetizing woodworking products or exploring different income avenues alongside your YouTube channel, be sure to check out my other videos on that topic. Your entrepreneurial journey might just be around the corner!
Part 1/8:
How My YouTube Channel Made Money in 2024
As the year 2024 comes to a close, it’s time to reflect on my journey with my YouTube channel that was monetized at the end of January. I'm excited to share exactly how much I earned through different income streams, not in a bragging manner, but to provide insights and hopefully inspire those contemplating starting their own YouTube journeys. So, let’s dive into the numbers!
Understanding YouTube Monetization
Part 2/8:
Before I delve into the actual figures, it’s essential to clarify how YouTube monetization works. In order to start earning money from YouTube, creators must join the YouTube Partner Program, which requires having at least 1,000 subscribers and 4,000 watch hours within a year. After crossing these thresholds at the end of January 2024, I was officially part of this program.
YouTube generates its revenue from advertisers who pay to display ads on the platform. As a creator, I earn a small percentage of the revenue from ads that run before or during my videos. This monetization model is what largely dictates how the earnings are structured, and it’s key for anyone interested in becoming a YouTuber to understand.
My Earnings from YouTube in 2024
Part 3/8:
In the year 2024, I made a total of $3,777.19 from the YouTube Partner Program. This sum breaks down into various income streams predominantly drawn from ad revenues on long-form videos. It’s important to note that I earned significantly less from YouTube Shorts, amounting to just $315 for the entire year. Despite creating shorts that garnered thousands of views, the ad revenue associated with them was minimal.
Part 4/8:
In addition to these earnings, I also made approximately $17.68 from YouTube Premium subscriptions. This small income source arises when Premium members watch my videos, as YouTube shares a portion of their subscription fees with creators. Lastly, I earned $26.60 from YouTube’s affiliate program, which I just joined shortly before the new year, having recently grown my subscriber count to over 10,000.
Exploring My Second Income Stream
Part 5/8:
While my YouTube Partner Program earnings reflect a solid foundation, they are just one part of my overall income strategy. The second and larger income stream comes from linking my YouTube channel to my Amazon presence. Through two key programs—Amazon Associates and the Amazon Influencer Program—I was able to substantially increase my total income.
The Amazon Associates Program allows me to create links to Amazon products, and I earn a commission—typically about 3 to 4%—when someone purchases through those links. In 2024, I earned $672.39 from this program alone.
Part 6/8:
In addition, as an Amazon Influencer, I create video reviews for products I use, which are then featured on Amazon itself. This platform grants me a slightly higher commission rate, typically around 5%. Since I began participating in this program in August 2024, I generated $1,826.04 from it.
Total Earnings from YouTube and Amazon
Upon calculating both my YouTube income and my earnings through Amazon, the grand total for my primary revenue sources for 2024 stands at $5,533.02. This amount showcases the potential of diversifying income streams when utilizing the platform creatively and consistently.
Key Takeaways and Encouragement
Part 7/8:
Reflecting on this journey, I recognize that the road to profitability on YouTube is filled with challenges. Starting a YouTube channel requires considerable effort, and for those anticipating quick riches from just a few uploads, the reality is often quite different. My channel, active since 2020, achieved its first notable income only in 2024.
However, persistence can pay off. Progressing incrementally, continuously improving content, and remaining steadfast has proven that one can succeed—even if the journey involves much patience and hard work.
In closing, if you're considering starting a YouTube channel, my advice is to take that step! Your initial videos may lack perfection, and it might take time before earning dollars, but with dedication, the rewards can materialize over time.
Part 8/8:
If you're also curious about monetizing woodworking products or exploring different income avenues alongside your YouTube channel, be sure to check out my other videos on that topic. Your entrepreneurial journey might just be around the corner!