Long gone are the days when podcasters relied solely on ads for money. Today, anyone with a podcast and a vision has the ability to transform their craft into a sustainable revenue stream.

How to Make Money With a Podcast

Here are six ways to make money from podcasting: Popular podcasts can make thousands of dollars—every month—through sponsorships. The payoff is huge: Not all podcasts are meant to have sponsors. I am not a believer that every podcast out there should have sponsors. When serial entrepreneur Navid Moazzez started his own podcast, he was ecstatic to land interviews with bestselling authors like Robert Green and Chris Brogan.

How to Make Money With a Podcast

However, Moazzez quickly realized that had no idea how to make money from his podcast. These summits are usually free for a specific period of time, like 24 or 48 hours.

Typically, the company will give you a special link or code to promote X i. For instance, Sam Harris , creator of The Waking Up Podcast , informs his listeners about his participation in the Amazon Affiliates program. Almost anyone can join an affiliate program, but sponsorships are much harder to land. Only promote what you believe in. Your listeners come first when it comes to monetizing your podcast.

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How to Make Money Podcasting and Build a Personal Brand

After interviewing several top podcasters I can say that networking is the number-one reason why many entrepreneurs, marketers, authors and coaches decide to start a podcast. Want to get high profile guest interviews for your podcast?

For instance, if you sell artwork or merchandise, why not leverage your podcast to increase sales? In short, start seeing your podcast as a marketing tool that can help transform loyal listeners into paying customers. After all, being in their earbuds is one of the most powerful ways to build authority, likability, and trust.

On top of that, revenue from sponsorships, ads, and sales can oftentimes fluctuate. As a creator on Patreon, your patrons can help give you reliable income that lets you focus on what you do best: So, keep creating awesome podcasts.

Keep giving your listeners a reason to tune in. Join over 10, creative professionals who already have a head start. Get free in-depth marketing and monetization strategies delivered straight to your inbox every week:.

The term community management is relatively new but the concept of building and nurturing community is not. But are you doing all that you can to maintain an engaged and thriving community? Published by Patreon A membership platform that makes it easy for creators to get paid.

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The 5 Best Ways To Make Money with a Podcast | Investopedia

Up Next How the Most Successful Community Managers Grow Their Audiences The term community management is relatively new but the concept of building and nurturing community is not.

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