4 Tips to Effectively Monetize Podcasts
Podcast is the term use to describe a recorded audio file wherein the audience can download it to their smart phone, tablet or computer or even subscribe to the podcaster. They could listen to the audio at a time most convenient for them. 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 the proven methods that you may try as well if you want to.
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 might ask people to submit their email address before they can start downloading your podcast or offer them stuff for free as they listen to the podcast. You may for example offer a checklist or report related to the topic of your podcast. And then when you have their email, that is when you can begin with your promotion.
Tip number 2. Affiliate marketing this is among the simplest ways of making money 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. Theres no need to have inventory of the products or deal with customers. Truth is, this is the American dream for all you need to do is to be the middleman in the transaction and start accumulating commissions whenever you successfully sold 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 quite good for this as you can present to your prospects how things happen without giving explanations for them to analyze.
Tip number 4. Advertising and sponsorship you will have to several thousands of downloads per podcast before businesses become ready to pay sponsorship fee on your podcast or perhaps, advertise their services and products during your airtime. Here, you may set the amount that you like for advertising space or sponsorship to your podcasts. It is pretty basic to say that the higher your downloads, the better the fee you can collect.