The top 10 ways to earn money podcasting in 2023, even with a small audience
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- เผยแพร่เมื่อ 25 มิ.ย. 2024
- Learn ten ways to earn money as a podcast host, even if you have a small starting audience.
While most people only talk about sponsorship, the truth is that there are tons of other income streams for podcasters to consider, whether you’re hoping to cover your costs or earn a full-time income. So in this video, we'll cover both direct monetization and indirect monetization strategies to help you start earning money podcasting.
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✨ TIMESTAMPS:
0:00 - Can you earn money podcasting?
1:01 - Indirect vs. direct monetization
1:42 - Which type of podcast are you?
2:11 - 1. Sponsorship
3:49 - 2. Donations
4:27 - 3. Paid subscriptions
6:00 - 4. Private community
6:24 - 5. Private paid podcast
7:25 - 6. Merchandise
8:13 - 7. Sell your own products & services
9:39 - 8. Affiliate marketing
10:34 - 9. Sell a book
11:19 - 10. Speaking fees
11:54 - How to launch your podcast
12:19 - Which strategy will you choose?
✨ START YOUR PODCAST:
Join our free, on-demand masterclass, "How to launch a podcast & get your first 1,000 listens," where I dive deeper into the mistakes many new hosts make and how to fix them: witandwire.com/podcast-launch...
✨ RESOURCES MENTIONED:
- Patreon: witandwire.com/patreon
- Buy Me a Coffee: witandwire.com
- Apple Paid Subscriptions: witandwire.com/introducing-ap...
- Build an automated podcast website with Podpage: witandwire.com/podpage
- Podcast microphones: witandwire.com/microphones
✨ TOP LINKS:
- Free Course Creation Toolkit: witandwire.com/coursetoolkit-...
- Free Email Marketing Toolkit: witandwire.com/emailtoolkit-y...
- Free Newsletter for Course Creators: witandwire.com/newsletter
✨ ABOUT WIT & WIRE:
Hey! I'm Melissa Guller, the founder of Wit & Wire. I previously worked full-time for Ramit Sethi, Teachable, and General Assembly, and today, we share simplified tech tutorials and modern marketing strategies to help everyday experts become profitable course creators.
- Website: witandwire.com
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DISCLAIMER: Some of these links may be affiliate links, which means I may earn a small commission if you make a purchase. This is at no additional cost to you, so it's a great way to support Wit & Wire. So thank you!
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Join our free, on-demand masterclass, "How to launch a podcast & get your first 1,000 listens," where I dive deeper into the mistakes many new hosts make and how to fix them. ➡️ Save your spot at witandwire.com/register
Immediately the mic quality was low, I prefer the previous mic used, the one which was in the dilemma video before this. Just giving feedback.
Keep going enjoying so far.
Thanks! I was trying out a few different things to see what worked best.
Which strategy are you most excited to try? (Or if you're an active host, which strategies do you currently use?)
I'm excited to research affiliate marketing! I love how you broke this down, as a active host I didn't realize it was this many options, though I've heard of a few. Thanks for this info!
Love this strategies! Thanks for sharing Melissa!
You're so welcome!
#7 I'm starting but #8 I have built my business around ❤️
Nice!
If I know a small business owner that wants me to advertise their business on my episode, how would I determine how much to charge? Or even if I should do it?
Great question. There isn’t a one-size-fits-all answer, but this article has a good overview and explanation of your options: sponsorshipcollective.com/how-much-should-you-charge-for-podcast-sponsorship/
you should spend some of your earnings on buying a new camera a 360p video? Are you in 1999?