Monetizing Your Podcast: Top 5 Methods

Easy peasy lemon squeezy ways for you to turn your passion project into a money-making machine! 💸💫

Author

Katy Simpson
28 Feb

Looking to start or monetise your podcast? I've got some exciting news for you! 🌟 In a recent episode of my podcast, we dived deep into the realm of podcast monetization and uncovered five easy peasy lemon squeezy ways for you to turn your passion project into a money-making machine! 💸💫

1. Sponsorships and Advertising

This is the most common way to make money from podcasts. You can connect with relevant brands and businesses for sponsorships. This works by doing ad reads during your podcast. The price usually depends on the number of listeners you have.

2. Affiliate Marketing

You can promote products or services related to your podcast topic and receive a commission for each sale made through your unique link. For instance, if your podcast is about entrepreneurship, you could partner with business software companies or book publishers.


3. Subscription Model

You can offer premium content to your listeners for a monthly subscription fee. This content could include bonus episodes, early access to episodes, ad-free listening, and more.
key point here create your tribe and have behind the scenes content on bonus content. It doesn’t have to be polished.  Enable your biggest fans to spend more time with you.  You can have a paid newsletter and/or private podcast with Hello Audio or Kajabi.


5. Crowdfunding and Donations

Platforms like Patreon allow podcasters to receive financial support directly from their audience. In exchange for their support, listeners get exclusive content, merchandise, or experiences.  Thee are quite a few platforms now and it’s easy to set up. 

If you're unsure where to start or need more guidance, be sure to check out our latest podcast episode above or on your favourite podcasting platform here:

The Thrive With Live Show

Are you an entrepreneurial gal with an online business and want to grow your reach and influence and attract your ideal clients easily, quickly and for free? Live video and podcasting can be the catalysts to help you achieve this! In this podcast I share tips and tricks of the trade through my wide career experiences as a voice coach, wellness and beauty coach and live video and podcasting trainer. We cover the whole gammut to get you set up and running to go live with professionalism, poise, peace of mind and confidence.

thrivewithliveshow.alitu.com

where I dive deeper into these topics. You won't want to miss it!

Feel free to share this newsletter with anyone you think might benefit from these insights. We hope this newsletter helps you choose the perfect podcast topic!

Happy podcasting!

Katy

P.S. Have you monetised your podcast yet? We'd love to hear how you’ve done it! Share your ideas with us on Twitter [@KatyLiveSimpson] or reply to this email.