https://www.thinkific.com/blog/how-to-monetize-content/

Content monetization is a way of leveraging content so that, when users consume it, you earn money. You can be paid either by the users themselves, or a third party that markets products through your content.

Subscriber-only access and online courses are the most common and effective ways to get paid directly by users. Affiliate marketing, product placement, and pay-per-click (PPC) ads are the most common ways to get paid by third parties.

We’ll cover all these methods—and more—in this guide. We’ll also dig into the specifics of monetizing Facebook and monetizing YouTube.

1. Who should monetize their content?Three ways to monetize your contentContent monetization through advertisementsMonetizing premium contentContent monetization platformsHow to monetize your fanbaseThree major mistakes to avoid monetizing content

Download The Definitive Guide to Setting up a YouTube Channel for Your Course Business

But first—is content monetization the right choice for you?

Who should monetize their content?

It’s easy to begin experimenting with content monetization. For instance, platforms like YouTube and Facebook already have built-in services that let you benefit from PPC ads once your engagement reaches a certain threshold.

If you…

• Are knowledgeable and experienced in a certain niche
• Already run a content platform—whether a blog, YouTube channel or social media account—that you’re passionate about
• Get a lot engagement from your followers, and can see a growth in new followers
• Have capacity to spend more time working on your platform, in return for earnings

…Then content monetization could be a great side hustle—or even a full-time gig for you.

Keep in mind, you don’t need to be engaged in a “sexy” niche; not everyone who earns money from content runs a luxury lifestyle brand. Plenty of recipe bloggers, piano instructors, and crocheting grandmas earn extra income by monetizing their content.

Don’t believe us? Check out this TikTok money calculator to see how much a TikTok account can earn based on its followers and engagement.

Three ways to monetize your content