Earn money with youtube can be done through different step/process. One of the most common ways is to integrate your youtube channel to your Google Adsense account.
Thing needed :
Youtube Channel with unique video content.
It should have at least 1000 subscriber and 4000 watch hour within a year.
- Create/Setup your youtube channel.
- Upload unique content.
- Have enough audience, possible to market your channel on social media or any platform to get enough viewer.
- Acquire 4000 watch hours and 1000 subscriber
- Enable Monetization
- Once you get enough to watch hours and subscriber, you will now eligible to be a youtube partner.
- Setup your Google Adsense Account
- Earn Money through Ads.
Create Sponsored Content
Yes, you can earn money through sponsorship. It is done if you will create a video content in favor of a certain company or products. They will pay you in accordance with the video created.
Example: One company contact you to create a video with their new model of cellphone. Once you create a content about it, they will pay you automatically.