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 may listen to the audio at any given time they want. 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 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 truth is, podcast is a great way to build your email list of people who are interested to your chosen 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 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 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. 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 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. 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.