Make money Podcasting is a new trend for a couple of years. People are starting new podcasts to make their voices heard in public. According to the popularity of podcasts increasing day by day, many people generated a new interest to cherish their passion or knowledge. They are building audiences all over the world, making their own brands, connecting with influencers and industry experts by podcasting. Business owners use podcasting to grow their business and reach more clients. That’s why monetizing podcasts and generating money from them have become a new income stream at present. Here are some methods about how podcast makes money.
What Is Podcast Used For
A podcast is an episodic audio series. The audience can use the internet to download audio files from podcast websites and listen to them anytime. Users don’t need to tune in live like the radio station to hear a podcast. The episodes of podcasts are audio files hosted by a podcast hosting company.
How Do Podcasts Make Money
There are several methods by which one can monetize podcasts. These are :
Sponsorship and Advertisements
Affiliate marketing.
Online Tutoring
Selling own products or services
Crowdfunding
Audio Book Narrating
Providing Premium content
Subscriptions from audience.
Some popular podcast distribution platforms are Spotify, Google podcast, Apple podcast etc.
Podcasting is a great way to earn online now. A successful podcaster is consistent in his/her work and creates good content that people enjoy to listen. If you’re interested to start your podcasting journey, then start early. So you get time for building your audience.
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Listen To My PODCAST On Spotify: MINDSET CREATOR