How much can you earn from YouTube?

by Ranjan Barman

This is the basic question that will first appear when you are thinking about making money from YouTube video uploading. Actually, we don’t make money for uploading videos on YouTube. We make money when we monetize our video with Google Adsense program. Monetize means to earn revenue from (an asset, business, etc.). Here asset is our videos that we upload on YouTube. Once our video has been submitted and approved for monetization, YouTube will place ads inside or near the video. After we’ve associated an AdSense account with our YouTube account, you will earn revenue that is generated from the ads.

So, how much can we earn revenue from displaying ads inside or near our video? It depends.

Earnings from Adsense ads depend on a number of factors. The two key factors are the type of ad and the pricing of ads appearing on our videos.

Though there are three other key factors that matter to generate revenue of one month,

1. Total watch time in a month (in minutes).
2. Average view duration in a month (in minutes).
3. Numbers of people viewed in a month.

But you can’t withdraw each month’s revenue from Google. They will send your payment once your payment threshold is reached to 100$.

You have to add a payment method to receive the payment by wire transfer to your bank account. To do that you have to fill up a form that is given below,

The form you see above is varied to your country’s banking system. In India, we have IFSC code and SWFT BIC code. The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. Every bank has its own IFSC code in India.

The acronym SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication. The ISO has designated SWIFT as the BIC registration authority. When assigned to a non-financial institution, the code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.

Read it at Wikipedia: https://en.wikipedia.org/wiki/ISO_9362

Some banks from small towns or villages mayn’t have a SWIFT BIC code as they don’t exchange other currencies to Indian rupee in wire transfers. In this case, you can use any other bank’s SWIFT BIC code and you don’t need to have a bank account there. But you have to give the IFSC code, name, account no of the bank, you have an account. Remember the SWIFT BIC code you choose must be the same bank you are registered with. For example, you can’t use Axis Bank’s SWIFT BIC code if you have an account in STATE BANK OF INDIA.

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