Making Money Through 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 may listen to the audio at any given time they want. Despite the fact that listening to podcasts is for free, a lot of podcasters are seeking ways to get financial returns from their time and effort.
There are a number of clever and intelligent podcasters who regularly find new ways on how they can make money using the said platform like the 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 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. What you may do here is to offer reports or checklists to your listener thats related to your podcast. Using this data, you will be able to promote your services and products through email.
Tip number 2. Affiliate marketing if you want to make the most of podcasts, then this is one of the greatest ways you can do. All that has to be done here is to recommend the services and products that you think can add value to your market. Now say that someone has bought the items or services of the business you are selling from you, what will happen next is youll be given commission based on the agreed amount. Theres no need to have inventory of the products or deal with customers. 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.