Gain Currency with 500 YouTube Followers for 2024

Gain Currency with 500 YouTube Followers

For small creators on YouTube, getting monetized seemed like an uphill task. You had to accumulate over 1,000 subscribers and over 4,000 public watch hours. This can be difficult to attain, especially on a platform where creators are publishing new content every day. However, the 2023 update on the YouTube Partner Program (YPP) provided an easier way to start making money on YouTube. In this article, we look at how the YPP is changing and the beauty of the YouTube monetization 500 subscribers’ policy update.

YouTube Shorts Monetization A cross-platform for helping you present your content in the best way possible!

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Part 1. YouTube Monetization Revamp: 500 Subscribers Minimum Threshold Unveiled

The recent update in YouTube monetization requirements has made it easier than ever for small creators to make money on the platform. The YPP program changed and reduced the number of subscribers needed to be eligible. It has also reduced the amount of watch time needed. Let’s have a look at what the new eligibility criteria look like:

The eligibility criteria for the YPP program are now easier and more achievable than before. To apply, you now need:

At least 500 subscribers
Three Shorts or Video uploads in the last 90 days
At least 3,000 public watch hours in the last 12 months or
At least 3 million public Short videos in the last 90 days

The new requirements are lower than the old ones. Previously, you were required to have at least 1,000 subscribers with over 4,000 public watch hours. By lowering the threshold, YouTube makes it easier for all creators to monetize their content.

Part 2. YouTube Monetization with 500 Subscribers: A Brief Guide

YouTube announced in 2022 that they were evolving the YPP to continue rewarding more creators. Starting mid-June 2023, the program was expanded to allow more creators to access monetization benefits.

Know If You are Eligible

As a creator, you will want to know if you are eligible for the YouTube monetization 500 subscribers’ plan. Make sure that the notify feature on your channel is active to receive a notification. Go to the Earn area of the YouTube channel, and select Get Notified. Once selected, YouTube will send you an email when reach above the eligibility threshold.

What You Need to Join Expanded YPP

Joining the expanded YouTube Partner Program has the same requirements as the earlier version. These include:

Being compliant with the YouTube channel monetization policies
Active 2-Step verification on the Google Account
Channel is based in any of the available regions or countries
An active AdSense account linked to the channel
No Community Guidelines strikes on your Channel
Have advanced features access on YouTube

Where to Apply for Monetization

After meeting the eligibility criteria, you will need to apply to be enrolled in the YPP. Remember that being eligible does not automatically translate to instant income. You need to apply for the program and wait for the approval. Here are the steps to follow:

On Computer/Desktop

Step 1Sign in to YouTube Studio on your computer or desktop

Step 3Click Apply Now to review and Accept the base terms

On Android, iPhone and iPad

Applying for YouTube monetization on your mobile devices follows the same process as the computer. Only in this case you will using the YouTube Studio app instead of the website. Follow these steps as outlined.

Open the YouTube Studio mobile app on your Android device.
Tap Earn from the bottom men
Tap Apply now to review and accept the base terms.
Set up an AdSense account as requested, or link an existing active one.

Once you complete these steps on your computer or mobile, In Progress status will surface in the Get Reviewed step. This means that YouTube will review your channel and provide feedback within a month.

What Monetization Review Entails

Once you submit your application, YouTube’s automated systems and human reviewers will look at your channel for a while. They will review it to make sure it follows all the platform’s policies and guidelines. As the reviews are in progress, creators are encouraged to back to the Earn section of YouTube Studio regularly. Typically, you will get the results within a month, but this may be affected by several factors:

Application Volumes
Resource Limitations
System Issues
Channel requiring several reviewers to determine suitability for YPP

Sometimes the first application may not be successful for some reason. In this case, creators are encouraged to continue uploading original content and try again after 30 days. For second or other rejections, you are allowed to try again after 90 days. During this period, make sure that your channel follows YouTube policies and guidelines to increase your chances of being accepted.

Choose How to Earn

The major way of earning money on YouTube is through ads that show in your videos. In the case of Shorts, the ad-sharing revenue involves YouTube sharing the revenue generated from the ads with creators. However, getting accepted to YPP also allows you to start earning with fan funding and Shopping features. This means that creators can earn money directly from their views using these unique features

YouTube monetization 500 subscribers update allows you to earn money through monetization features that were not there before. This allows creators to interact more with their viewer while generating income. The main fan funding features include:

Channel Membership: Offer a membership plan to your viewer through monthly payments in exchange for perks like emojis and badges.
Super Thanks: Earn revenue from viewers who show extra gratitude for your videos.
Super Stickers and Super Chat: Allows your fans to buy Super Chats that highlight their messages or add fun animated images in the live chat.
Shopping: Allows you to connect your official merchandise story to YouTube to showcase your products.

Part 3. Edit Your Shorts for Monetization with WonderShare Filmora

The quality of your Shorts plays an essential role in determining whether your channel will be monetized. This is why you need good video editing software to help you present your content in the best way possible. Wondershare Filmora is a great choice when you want your YouTube Shorts to stand out. From cool green screen tricks to auto-reframing your videos for Shorts, Filmora gives you the whole editing package.

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Filmora offers creators fantastic editing features to create better Shorts. Let’s have a look at some of the features you may find helpful:

1. AI Copywriting

YouTube Shorts require quick content that covers everything within 60 seconds. With the Filmora AI Copywriting feature, you can get inspiration and add text to your videos. Express your thoughts more clearly and generate text that makes the video more engaging.

2. Split Screen Video Editor

YouTube Shorts are limited to a length of 1 minute only. Since 60 seconds is quite a short time, you may want to showcase your content on multiple screens. The Split Screen Video Editor on Filmora allows you to make a split screen instantly. Choose from the readily available templates and show your audience what you want from multiple perspectives in the same video.

3. Motion Tracking

With YouTube Shorts, you need to be more creative. Adding objects to your videos makes them fun and engaging. The motion tracking feature on Filmora allows you to track the movement of an object in the video. You can then pin graphics on the object, making the video more exciting. You can also add specific text and align it to an object, allowing your audience to follow through the story.

4. Speed Ramping

The way you present your video means a lot to the audience. No one wants a boring or a really slow-moving video. With the Speed Ramping feature on Filmora, you can adjust the speed of your Shorts with better control of your keyframes. This allows you to create unique cinematic effects that keep the audience wanting more of the content.

Conclusion

The introduction of the YouTube monetization 500 subscribers’ policy update was a special moment for small YouTubers. It meant that the platform was extending its YPP program to more creators, allowing them to earn money from their content. Lowering the monetization requirement gives more people a chance to make money faster. However, it is important to make sure that your videos are offering value to your audience. We recommend using Wondershare Filmora to edit your videos and make sure they stand out from the competition. The better your videos will be, the more views you will get, and the more money you will make.

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Part 1. YouTube Monetization Revamp: 500 Subscribers Minimum Threshold Unveiled

The eligibility criteria for the YPP program are now easier and more achievable than before. To apply, you now need:

At least 500 subscribers
Three Shorts or Video uploads in the last 90 days
At least 3,000 public watch hours in the last 12 months or
At least 3 million public Short videos in the last 90 days

Part 2. YouTube Monetization with 500 Subscribers: A Brief Guide

YouTube announced in 2022 that they were evolving the YPP to continue rewarding more creators. Starting mid-June 2023, the program was expanded to allow more creators to access monetization benefits.