4 Tips to Effectively Monetize Podcasts
Podcast is a type of recorded audio file to which the audience may subscribe to and even download it to their smart device be it tablet, smart phone or a computer. They could listen to the audio at a time most convenient for them. 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 actually countless of remarkable podcasters who keep on finding new ways on making money with this platform including American Podcast. In the next paragraphs, you are going to discover useful tips that you can try.
Tip number 1. Create an email list believe it or not, one way of identifying people and building email list of those who actually want your market or niche can be done through podcasts. 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. And then when you have their email, that is when you can begin with your promotion.
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 needs to be done is to recommend other business services and products to your listeners or 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. 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 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 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. This is actually great news for it enables you to set your own fee for the 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.