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. It is up to them when they like to listen to the subscribed or downloaded audio. 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 numerous intelligent and clever podcasters who frequently discover new ways on making money with this platform such as the American Podcast. Following are some methods that you might try too if you like.
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. As you use this data, you can start promoting your services and products via email.
Tip number 2. Affiliate marketing this is among the simplest ways of making money using podcasts. All that has to be done here is to recommend the services and products that you think can add value to your market. Businesses that sell the items you recommend will then give you a commission every single time that someone bought from you. You dont have to keep inventory of products or even 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 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 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. Here, you may set the amount that you like for advertising space or sponsorship to your podcasts. Needless to say, the more downloads you get, the higher the amount you can charge to clients.