How You can Monetize Podcasts?
Podcast is a type of recorded audio file to which the audience may subscribe to and even download it to their smart device be it tablet, smart phone or a computer. It is up to them when they like to listen to the subscribed or downloaded audio. And while it is true that it is completely free to listen to podcasts, still there are numerous podcasters who found ways how they can monetize it.
There are actually countless of remarkable podcasters who keep on finding new ways on making money with this platform including American Podcast. Following are some methods that you might try too if you like.
Tip number 1. Create an email list podcast is actually a nice way of building your email list of those who are really interested in your market or niche. You may ask people to submit their email address prior to downloading your podcast or perhaps, offer them free stuff while theyre listening to the podcast. For example, you may offer checklist or report thats related to your podcasts topic. As you use this data, you can start promoting your services and products via email.
Tip number 2. Affiliate marketing this is one of the effective methods how you can make money by using podcasts. What is needed to be done here is to simply do recommendations or suggestions of your products and services to your audience. Businesses that sell the items you recommend will then give you a commission every single time that someone bought from you. You dont have to keep inventory of products or even deal with customers. As a matter of fact, you are living here the American dream since your job is to become the middleperson for the business and to rake in commission when you sell something.
Tip number 3. Sell your own services and products as a matter of fact, many businesses these days are taking advantage of podcast with their page to be able to endorse their services and products. Video podcasts are pretty good as this allows you to present your prospects the way things are happening in your business without giving too much information for them to digest.
Tip number 4. Advertising and sponsorship sooner or later, youre going to have thousands of downloads per podcast and this will push you to be noticed by businesses and transact with you to pay sponsorship fee or even advertise their products and services on your airtime. This is actually great news for it enables you to set your own fee for the advertising space or sponsorship to your podcasts. Obviously, you can charge clients more if you receive high number of downloads.