Once in the past you could earn money via the YouTube Partner Program even as a newbie YouTube user, but now it’s required that every YouTube channel owner must accumulate a minimum of 1,000 active subscribers together with a sum of 4,000 video watch hours within a period of one calendar year to pass the eligibility test and qualify to earn revenue from the YouTube Partner Program.

While it’s become a major goal striving to meet up with these stringent requirements, Ad revenue is no longer the only way to make cool money on YouTube. YouTube now offers a myriad of ways to monetize your channel and earn a whole lot of money.

Here are 5 alternative ways to monetize your YouTube channel other than the Partner Program. As you desire to make the most of your channel, you can choose to combine a number of these ways.

1. Sell Your Own Services or Products

There is so much human and effective traffic on YouTube that most internet entrepreneurs and home-based business moms leverage it exclusively to market their business. Rather than a blog, they leverage YouTube to share their insights, tips, and skills to build rapport and credibility with their target audience.

Just as you get traffic to your blog with videos, you can as well sell your services and products sharing your tips and skills, using expositions, organizing tutorials, responding to questions and a lot more.