Your podcast can make you money in many ways. One way to make money is to sell ads. Advertisers pay a certain amount for every thousand people who hear their message. This kind of advertising is called CPM (cost per thousand). The "M" stands for "thousand," which is what "mille" means. For example, if 5,000 people download each episode of a podcast, the ads will bring in $90 per episode. But a bigger audience means that the rates for ads will go up.
Selling merchandise is another way to make money with a podcast. Some podcasters sell things like shirts or tickets to live shows. Podcasters can also put ads on their websites to make money. Podcasters can also use YouTube to sell videos of their shows. This lets them reach a wider audience and sell ads before the video starts.
Affiliate sales are another way to make money with a podcast. You can tell your audience about products and services and make money if they buy them. You can find out which products and services your audience is most interested in by using a podcast analytics tool. Then you can go to the companies and ask for a cut. For example, if 10,000 people download each episode of a podcast, the affiliate sales could bring in $500 to $900.
Selling eBooks is another way to make money off of a podcast. eBooks can be self-published on almost any subject, but you should make sure that your eBook clearly helps the reader. "Tools of Titans," a book by Tim Ferriss that sums up podcast episodes, is a good example. This book has the best parts of the podcast put together.
No matter how you want to make money from your podcast, you should always be thinking about how you can help your listeners. If you want to make money with your podcast, you could offer an e-course to your listeners. These online courses can make you a lot of money. Usually, they can be sold more than once. There are many platforms that can help you make a course for your podcast and host it.
You can also make money with a podcast by selling merchandise. Podcast merch lets you sell merchandise with your brand on it and get your fans more involved. Giving your listeners the option to give you money every month is another great way to make money from your podcast. Patreon and PayPal are two websites that let your audience send you money. With this method, you can build a steady stream of income while staying on your own.
You can also sell premium content, depending on what your podcast is about. This could be a paid episode, an extra episode in your feed, or even a PDF of a guide. People may be looking for more concrete information. They may also want content that lets them do things.
When 5,000 people download an episode of a podcast, they can make a lot of money. If you can keep these levels up, you can also add other ways to make money, like through ads. Most podcast creators choose CPM (cost per thousand), which means that each episode can earn up to $100. About halfway through each episode, podcasters usually play a midroll ad. This ad has a discount code that people who see it can use. This will let you keep track of how well your ad campaigns are doing.
