In episode #969, we discuss 7 creative ways to monetize your podcast. Tune in to hear how you can actually make money from a podcast.
We have committed to throwing a FREE Marketing School Live Event in Los Angeles, once Marketing School reaches 1M downloads in a 30 day period. Take action: Rate, review, subscribe, and SHARE. Check the progress here!
TIME-STAMPED SHOW NOTES:
- [00:27] Today’s Topic: 7 Creative Ways to Monetize Your Podcast
- [00:32] 1: Use advertising.
- [00:45] Some podcasts have ads before, during, and after the show. This is a great way to monetize.
- [01:10] Podcast attention is highly rated right now.
- [01:20] 2: Throw your own live event.
- [01:30] Charge admission.
- [01:58] People who listen to podcasts are often in a high income bracket.
- [02:11] MeUndies spends a third of their marketing budget on Podcasting.
- [02:30] 3: Subscriptions.
- [02:40] Asian Podcasters monetize through subscriptions.
- [03:16] 4: Sell info-products.
- [03:57] 5: Sponsorships and VIP experiences.
- [04:16] Our live event is sponsored and we are also offered premiere experiences at a cost, which is how we avoided charging people for the event itself.
- [04:27] 6: Affiliate commission.
- [04:45] Promote someone else’s product using a unique URL and get a kickback from the company you are promoting.
- [05:04] 7: Promote physical products.
- [05:15] One Podcaster promotes the Freedom Journal.
- [05:30] That’s a great income stream.
- [05:40] That’s it for today!
- [05:46] We hit our goal of 1 Million downloads! So, we will be throwing a free event in Los Angeles this June. Check out this website if you would like to attend. Remember: we are capping the event at 500 people, so sign up now, if you’re interested!
Leave some feedback:
- What should we talk about next? Please let us know in the comments below.
- Did you enjoy this episode? If so, please leave a short review.
Connect with us:
Discover Latest Episodes
In this episode, I had David Perell – a writing teacher, Founder of “Write of Passage” school, and the host of ”How I Write” podcast. David shares his passion for teaching writing, the conce...
In episode #2721, we shake up our usual format with a full 90-minute episode, exploring the staleness of interview formats, sleep optimization, M&A strategies in business growth, influencer market...
In episode #2720, we discuss the growth of ChatGPT and its impact on Google, as well as the increasing opportunities for content creators in the digital space. We also touch on the importance of promp...