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Do you have a podcast? Do you know you can easily make money from your podcast? There are many people who are earning nice full time living by monetizing their podcasts. It is really important for you to monetize podcasts correctly.
Also podcasting do need a lot of work. And if you are looking to earn money from them then you should know about some ways which would help you to monetize your podcasts. It is recommended to have at least 10-12 episodes of your podcasts. Also you need to build a community get various download for your episode before you monetize it. Well you could follow direct strategies or indirect strategies to monetize your podcasts. We have listed some of the ways to monetize podcasts.
5 Important Ways to monetize your own Podcasts:
You need to make a list of Potential Sponsors:
It is really important for you to think for brands you like to use and about the sponsors of the podcasts you listen to. You need to write them and make a note of differences and similarities. Many times it happens that they won’t have anything to do with your topic of podcasts. And it is completely ok. Various brands are specific about their marketing efforts whereas others are keen about advertising the variety of podcasts.
You need to Contact Brand:
It is really important to contact brand for sponsorship. But you should remember that you should stay away from sending letters to them. Since it automatically gets deleted you need to make contact with a brand as it would be really personal. If this is not possible you can make a personal connection with them using social media or email.
You need to consider about networks you have:
If some bigger brands are not responding then you should contact various people in your network such as business owners, entrepreneurs. They would be excited to help you in advertising. Well it could be a really good chance to build existing business.
You need to ask Listeners to be Sponsors:
Well it could be great patron model. And listeners would like to support podcasters since it is getting much more popular these days. All listeners could easily contribute to your podcast. It will also help you to build a patreon community. In this community you can share various information exclusively and connect with various listeners. Also you need to take your podcast to new level. You can also use platforms like ConnectPal, Paywalls and Advertising Networks are some of the top-tier platforms where you can get a great audience. On Connect Pal, any content creator can create a free profile and add content to their profile, and then the content creator sets a monthly price for subscribers to view their profile content.
You can monetize your Podcast Indirectly:
Do you know podcasts could make money by themselves? Various podcasters do run their show which is completely pro bono. Also they have killer conversion rate when they get listeners to sign up for mail subscription. Also once you got the people for mailing list, you have a great opportunity to provide more services to people which could be paid.
Monetizing does not need to be overwhelming, if you follow the right steps to monetize the podcast in right way. Then it would really help you to level up and get more listeners.
