Monetizing Your Podcast pt. 2

On today's episode we talk more about monetizing your podcast. Just having more listeners or subscribers doesn’t actually equate to anything. Those are vanity metrics that don’t really give you a real idea of the sustainability of the show. Podcasts can often break even or even make a profit from utilizing their platform correctly. My best advice is to make the show your marketing for some other product. Your show is not the product, it’s the marketing for something else. 

This doesn’t mean you have to do QVC, this means that you need to find ways to direct your audience respectfully to things that can monetize your show. This can be a quick ad for some show merchandise at the beginning. Or you can get them onto a text or email list and send them marketing follow ups after that. The idea is to utilize the attention that you have with your audience after they’ve spent a larger amount of time with you.