Making Money Through 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. 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 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. In the next paragraphs, you are going to discover useful tips that you can try.
Tip number 1. Create an email list podcast is actually a nice way of building your email list of those who are really interested in your market or niche. What you can do here is to ask people to give you their email address before they can proceed downloading the podcast or, you can also do giveaways while they listen. For example, you may offer checklist or report thats related to your podcasts topic. And then when you have their email, that is when you can begin with your promotion.
Tip number 2. Affiliate marketing this is one of the effective methods how you can make money by using podcasts. What is needed to be done here is to simply do recommendations or suggestions of your products and services to your audience. Businesses that sell the items you recommend will then give you a commission every single time that someone bought from you. 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 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 the moment that you receive thousands of downloads to your podcasts, then you can expect to start receiving offers like sponsorship on your podcast, advertisements of products and services on your airtime and so on. This is actually great news for it enables you to set your own fee for the advertising space or sponsorship to your podcasts. Needless to say, the more downloads you get, the higher the amount you can charge to clients.