A kind of recorded audio file where audience can choose to subscribe to and download even to their devices like computers, tablet or smart phone is called a podcast. They may listen to the audio at any given time they want. Even though listening to podcasts is free, there are many podcasters who seek ways to get financial returns from the effort and time they spent.
There are a number of clever and intelligent podcasters who regularly find new ways on how they can make money using the said platform like the American Podcast. Following are the proven methods that you may try as well if you want to.
Tip number 1. Create an email list believe it or not, one way of identifying people and building email list of those who actually want your market or niche can be done through podcasts. What you can do here is to ask people to give you their email address before they can proceed downloading the podcast or, you can also do giveaways while they listen. What you may do here is to offer reports or checklists to your listener thats related to your podcast. Using this data, you will be able to promote your services and products through email.
Tip number 2. Affiliate marketing if you want to make the most of podcasts, then this is one of the greatest ways you can do. What is needed to be done here is to simply do recommendations or suggestions of your products and services to your audience. Now say that someone has bought the items or services of the business you are selling from you, what will happen next is youll be given commission based on the agreed amount. Theres no need to have inventory of the products or deal with customers. Basically, youre living the American dream as your job here is to act as the middleperson for the business and accumulate commissions whenever you sell something.
Tip number 3. Sell your own services and products there are plenty of businesses that make podcasts together with their website to market their services and products. Video podcasts are pretty good as this allows you to present your prospects the way things are happening in your business without giving too much information for them to digest.
Tip number 4. Advertising and sponsorship the moment that you receive thousands of downloads to your podcasts, then you can expect to start receiving offers like sponsorship on your podcast, advertisements of products and services on your airtime and so on. Here, you can set the amount you want for the advertising space or sponsorship to your podcasts. Obviously, you can charge clients more if you receive high number of downloads.