More and more people are taking advantage of the ability to make and distribute their own podcast. Many people have built up their own significant listenership.
No matter what stage of podcasting you are at, whether you're just starting or already have a fan base, you may well be interesting in ways you might be able to take advantage of this and make money from your podcast.
This article looks at five ways you for you to start doing this.
Put Your Podcast Up for Sale
Selling new episodes of your podcast might seem like the obvious first step. However, it isn't always the best first move.
With most podcasts being given away for free, people are very wary about handing over money for podcasts. So taking this step isn't great unless you have a very dedicated following.
Sponsorship
Finding sponsorship for your podcast is another common way that people try to monetize their podcast.
If you have a very large number of listeners, this is a good option. It is also a possibility if you have a podcast focussed on a specific product - one which manufacturers will be will to pay to get in front of potential customers.
Earning Affiliate Commission
Many companies are willing to share profits from items sold to people you have sent to their website. The biggest of these are Amazon and eBay. Podcasters can make money in this way.
So long as you have the knowledge to do this (which can be found out very easily on the net), it can be an excellent way to do it.
Put Old Episodes Up for Sale
This is another good idea for people who have been podcasting a while. Keep the most recent podcasts free (to encourage new listeners) but sell the podcasts in your back catalog. Your new listeners - who are already hooked on you - will want to hear what you have done before.
Selling Your Own Products
There are a number of options for you to create your own products. Using a service such as CafePress, you can create t-shirts, badges, buttons etc featuring your podcast's logo. This is a great way to tap into the popularity of your podcast.
No matter what stage of podcasting you are at, whether you're just starting or already have a fan base, you may well be interesting in ways you might be able to take advantage of this and make money from your podcast.
This article looks at five ways you for you to start doing this.
Put Your Podcast Up for Sale
Selling new episodes of your podcast might seem like the obvious first step. However, it isn't always the best first move.
With most podcasts being given away for free, people are very wary about handing over money for podcasts. So taking this step isn't great unless you have a very dedicated following.
Sponsorship
Finding sponsorship for your podcast is another common way that people try to monetize their podcast.
If you have a very large number of listeners, this is a good option. It is also a possibility if you have a podcast focussed on a specific product - one which manufacturers will be will to pay to get in front of potential customers.
Earning Affiliate Commission
Many companies are willing to share profits from items sold to people you have sent to their website. The biggest of these are Amazon and eBay. Podcasters can make money in this way.
So long as you have the knowledge to do this (which can be found out very easily on the net), it can be an excellent way to do it.
Put Old Episodes Up for Sale
This is another good idea for people who have been podcasting a while. Keep the most recent podcasts free (to encourage new listeners) but sell the podcasts in your back catalog. Your new listeners - who are already hooked on you - will want to hear what you have done before.
Selling Your Own Products
There are a number of options for you to create your own products. Using a service such as CafePress, you can create t-shirts, badges, buttons etc featuring your podcast's logo. This is a great way to tap into the popularity of your podcast.
About the Author:
If you would like to find more about podcasting, check out Peter Symmonds' blog and learn about the essential podcast equipment and read more of his writing about how to make money podcasting.
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