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. 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 numerous intelligent and clever podcasters who frequently discover new ways on making money with this platform such as the American Podcast. Following are the proven methods that you may try as well if you want to.
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. As you use this data, you can start promoting your services and products via 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. What is needed to be done here is to simply do recommendations or suggestions of your products and services to your audience. 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. You dont have to keep inventory of products or even deal with customers. 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 there are countless of businesses that are producing podcasts along with their site and market 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 sooner or later, youre going to have thousands of downloads per podcast and this will push you to be noticed by businesses and transact with you to pay sponsorship fee or even advertise their products and services on 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.