Podcast’s popularity shows no sign of slowing down with the number of daily podcasts tripling since 2017, but creating and producing a podcast takes a lot more than just showing up behind a mic.
If you feel like you’ve built a good-sized audience and you’ve hit a healthy number of episode downloads then it might be high time to start making your show work for you. Tune into this episode as I share five different ways you can monetize your podcast, from sponsorships and affiliates to using loyalty programs.
Whether you’re a podcasting newbie or a veteran with more than a 100 episodes under your belt, it’s important to know how you can monetize your podcast. Try out different approaches to see what works for your audience and fits with your brand. And don’t forget to let me know which method works for you over on Instagram at @chrisducker.
Essential Learning Points From This Episode:
The 3 different ways you can approach sponsorships when it comes to your podcast
Coaching can be extremely beneficial and profitable but it’s one of the most unscalable monetization models
You need to be consistent with the offers that you are physically promoting.
Using the power of 3 when it comes to promoting affiliates
There are a lot of podcasts you could be tuning into today, but you chose ours, and we’re grateful for that. If you enjoyed today’s show, please share it by using the social media buttons you see on the player at the top of this page.