What is monetization?
Website monetization is the process of converting existing traffic being sent to a particular website into revenue. The most popular ways of monetizing a website are by implementing Pay per click (PPC) and Cost per impression (CPI/CPM) advertising. Various ad networks facilitate a webmaster in placing advertisements on pages of the website to benefit from the traffic the site is experiencing. Simply put, it’s when you put ads on audio or video to generate revenue.
Why do I need it?
Monetization will allow you to generate revenue for uploading your music or releases. When a person plays your audio/video and an ad is played or clicked on, you’ll generate revenue for your brand.
What sites allow monetization?
Audio/Video sites that allow monetization are SoundCloud, YouTube, Vimeo, DailyMotion, Twitch, and a few others.
Why do I need to know my ISRC?
ISRC are required for SoundCloud and YouTube so they can properly catalog and report revenue to publishers when it is required. SoundCloud only allows you to monetize if you know your ISRC.
Where do I find my ISRC?
The ISRC you were assigned in distribution for a track is the ISRC you’ll want to use when you monetize.