New YouTube Monetization Rules Announced - How To Monetize YouTube Shorts and Videos in 2023

youtube has just made a huge change to monetization so everyone that was used to the rule that you needed 1 000 subscribers and 4 000 hours of watch time youtube has now bundled in youtube shorts into the mix and this is changing the game for the last five years or so youtube has gated the youtube partnership program behind a moderately high wall of 1000 subscribers 4 000 hours of watch time the idea in this is that those are the people that are dedicated enough that aren't throwing up videos that aren't clipping films and tv shows that have responsibly jumped through the hoops they've built up an audience of 1 000 subscribers they've done that hard work of getting 4 000 hours of watch time which is 240 000 minutes have you ever considered what that actually happens to be 60 minutes is an hour 4 000 hours is a lifetime i know it's not an actual lifetime but bear with me what youtube is trying to do is expand the amount of places that they can place advertisements make them more money obviously and now with this new arrangement they will be allowing us to monetize shorts better than just the monetary fund previously there was a monetary fund in which there was 100 million dollars and what you would do is should upload a youtube short if you're short did very well and gained an audience they would give you a slice of that monetary fund as like a thank you normally around about a thousand to two thousand dollars for a million views now for anyone that's like me that's used to the normal adsense rate a million views and a thousand dollars that's not actually much a thousand views is around about two to five dollars if you're in my niche if you're in the the niche when it comes to finances and stuff like that then it can be higher but as you figure that out it that that's easily 20 to 100 000 for a million views maybe more compared to the thousand that they're offering through the monetary fund now things are changing there's a window into the youtube partnership program they've now announced that you can monetize your channel if you have 10 million views on youtube shorts within a 90 day period this isn't exactly a lowering of the limit it's kind of a new gateway so 1 000 subscribers 4 000 hours of watch time or 1 000 subscribers and 10 million views on youtube shorts within a 90 day period and you can monetize now shorts seem to garner views quicker however we could now have youtube shorts and youtube normal videos monetized at the same time this also allows them to place advertisements before a short video in which it can run as normal now they're suggesting that this could kick in in 2023 it might kick in sooner but overall this expands the pool of media that they can post up against they can post more adverts in a vertical format which is a brand new advertisement format which some platforms are now suggesting anywhere between an 8 and 12 up tick on click-through rates for advertisers in other words if you're a business advertising in a vertical format you're getting eight to twelve percent more click-throughs to the thing you are advertising than a traditional horizontal video that everybody else is used to what type of adverts are they going to be testing are they going to be skippable are they going to be non-skippable are they going to be bumper based if you have a look at some of the ads that you have on tick tock they're there and you can skip past them or you skip up and it goes does do you like this do you want to see more of this there's nothing stopping youtube harvesting the data behind the youtube shorts in themselves so therefore seeing what interest you happen to be into and serving advertisements up against it and in the long run they are suggesting that they're going to add youtube watermarks you know like the ticktock watermarks that bounce around the screen you'll probably get a youtube one as well how do you feel about these changes does lowering the point of entry make youtube monetization less special do you think this is a good idea but it's going to let in a load of spam bots or do you think this is yet another way for them to throw more advertisements at your face and it's going to ruin your viewing experience my personal opinion anything that allows more creators to start making something out of this hobby that they happen to be doing is a fantastic thing i know that making a an income off of youtube has changed my life it's it's opened me up to many possibilities i've been able to go to conferences and make friends and communicate with clients all because i had the power of making my own income does this mean that youtube shorts could possibly be a full-time income maybe does this mean this is more video content for adverts to be served against and so therefore lowering the cpm rates because there's so much more to advertise on so therefore your video is slightly less valuable than it was previously maybe i'm quite intrigued do you make youtube shorts are you going to be making youtube shorts now that you know that they are monetized and have you only made youtube shorts on your channel i know personally that i grew my crypto rookie channel a lot with my first 30 to 50 videos solely being youtube shorts and that rocketed it up and it did build me an audience within a niche but youtube shorts doesn't get the comments that you would get on a youtube video i'm quite intrigued so much so that i did my own experiment with youtube shorts there's a video here go and check that out and see how you can grow your youtube channel and now make money using those shorts