Short Course on – Covering The Basics

February 22, 2019

Miscellaneous

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4 Tips to Effectively Monetize Podcasts

A kind of recorded audio file where audience can choose to subscribe to and download even to their devices like computers, tablet or smart phone is called a podcast. They could listen to the audio at a time most convenient for them. Even though listening to podcasts is free, there are many podcasters who seek ways to get financial returns from the effort and time they spent.

There are numerous intelligent and clever podcasters who frequently discover new ways on making money with this platform such as the 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. All that has to be done here is to recommend the services and products that you think can add value to your market. Businesses that are selling items you are recommending to pay will give you commission whenever someone has bought something from them. You are free from having to deal with customers or even store products of theirs. 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 there are plenty of businesses that make podcasts together with their website to market 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.