This is the latest statistics of YouTube which gives a clear picture of how much beneficiary it is to monetize your Youtube account. https://www.omnicoreagency.com/youtube-statistics/
I want to add with the earlier mentioned benefits, that YouTube has the second most visitors and is the second-largest search engine after Google. Hence the digital reach is vast, along with accuracy in customer targeting. Ad campaigns are cost-effective and provide flexible choices of approaches. No wonder how YouTubers earn so much from the smallest videos in the most simplest way - to which I actually got a good article from the service that has been writing my paper for me. Of course, the editing part is a required skill.