7 Ways To Earn Money From Podcast
Surely you ever felt curious whether you can earn money from podcasts? The answer is yes. Here’s the following ways to make money through it.
Easy Ways to Earn Money From Podcasts
Apart from watching entertainment in the form of videos, people nowadays are also starting to like listening to podcasts. Like radio, you can listen to podcasts anywhere and anytime.
By taking advantage of this opportunity, you can become one of those podcasters for many people to listen to. Especially if you are the type who likes to talk and express the thoughts that are in your brain. Besides that, you can also make money from it.
Here are 7 ways to earn money from podcast:
1. Podcast Monetization on Anchor
In the Anchor application, you can go to the “money” settings menu and specify in minutes and how many seconds you will insert the ad provided by Anchor. After that, you can withdraw funds from Payoneer and send the money to your account.
2. Affiliate Marketing
Affiliate marketing is usually known as performance-based marketing. You will give a certain amount of money in the form of vouchers to listeners who access the product link that you have inserted in the post. People who purchase items from your link will make you gain commission from it.
3. Advertising
If you want to get advertisements from a brand, then you must have a large enough number of listeners so that the brand believes in working with you.
This advertisement is similar to celebrity endorsement activities, famous podcast presenters also often get endorsements from well-known brands. What’s different is that you will carry out promotions through product placements that are included in the podcast.
4. Sell Merchandise
Besides being able to be used as a source of income, merchandise can be a marketing tool. The more people who buy merchandise from your podcast and use it, the more people will see and be curious about your podcast. So you will not only earn profit but also gain more audience.
5. Premium Podcasts
Next up are premium podcasts, meaning you will be selling certain podcasts to fans. To access this podcast, fans must pay a certain amount of money.
However, because this is a paid podcast, it means you have to create a podcast with interesting discussions or invite famous guests.
6. Selling Services Related to Podcasts
If you have certain skills and it relates to your podcast, you can sell services as a way to earn money. This will act as a promotion for your service.
For example, if your podcast usually discusses education or how to learn a foreign language, you can offer listeners if you want to learn more through private lessons.
7. Upload Podcasts on YouTube
Why YouTube? We know that YouTube is one of the platforms that is quite easy to make money on. You can apply the various methods above if you upload your podcast on YouTube.
However, you must meet several requirements for monetization first. You have to actively promote and improve the quality of your podcast content.
Ready To Earn Money From Podcast?
So, those are 7 ways to earn money from podcast. Most importantly, you have to create interesting content and gather a large audience. Good luck!
