If you don't have thousands and thousands of downloads, monetizing your podcast can be hard - unless you turn your fans into supporters. Here are some easy ways to do that.
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My equipment:
- RODE NT1-A large diaphragm condenser mic
- Rodecaster Pro II audio production studio
- Sony MDR-7506 Studio Monitor Headphones
- Elgato Wave Mic Arm Low Profile
Recommended resources:
- Captivate.fm podcast hosting, distribution, analytics, and monetization
- Kit email marketing
- Boomcaster remote recording and live streaming
- Hindenburg Pro recording and editing
- Fourthwall merch stores for creators
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Episode Transcript
One of the most effective waysto make money with your podcast is
through listener tips,donations and memberships. Especially
if you're a podcast thatdoesn't have thousands and thousands
of downloads. Because it's awin win for both podcaster and listener,
it gives listeners variousoptions to support your show and
it lets you, the podcaster,offer some cool rewards for these
listeners. To be even moreeffective, here are some ways to
(00:50):
make it super simple forlisteners to support you. If it's
a one off tip or donation,don't overcomplicate with multiple
amount options. Instead,either make a couple of default amounts
or let the listener choosetheir own. If it's a membership option,
make every tier different fromeach other so each one shows a visible
change from the previous oneand make the benefits of each clear
(01:10):
and obvious. For memberships,offer a free trial. Memberships can
still be tricky for somelisteners to understand, so a free
trial is a great way to showwhy they'd want to upgrade and pay
the premium membership. Createa personal message and have that
on your membership or donationpage and be genuine while you truly
appreciate their support. Andbe sure to thank your supporters
(01:30):
where possible and give shoutson your podcast and show your audience
their support means somethingby making the choices easy and making
sure you recognize thoselisteners. Tips and memberships can
be one of the best ways tomonetize your podcast. Until the
next time, happy podcasting.
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