Episode 388
How to Monetize a Podcast in 2023, 3 Simple Ways
“How do I make money with a podcast?”
It’s the most common question I get asked after “How do you start a podcast?” Honestly, podcast monetization has changed so much in the last five years that this is a topic we need to revisit every year anyway.
For example, we’re talking about two ways to monetize your podcast today that didn’t exist twelve months ago!
Whether you’re just getting started or you’ve been wanting to figure out how to monetize a podcast for a while, today’s episode can help you get there. Let’s dive into three simple ways you can make money with a podcast.
1. Buzzsprout Ads
I give a huge shout out to Buzzsprout in today’s episode because they’re leading the charge on helping independent podcasters make money with their show — no matter if they have one hundred or one hundred thousand listeners.
And the first way they can help you start making money with your podcast is with their feature Buzzsprout Ads. I created this podcast episode, What are Buzzsprout Ads and How to Use Them, so you can understand the ins and outs of setting up this Buzzsprout feature and understand the requirements needed to start making money with your podcast.
There’s also an easy-to-follow YouTube video you can watch to understand the step by steps you need to do in order to set your show up for monetization success.
2. Buzzsprout Subscriptions
Another new way you should be excited to monetize a podcast is with Buzzsprout Subscriptions! Now, you can turn your content into primo episodes by offering exclusive behind-the-scenes, deep dives on your favorite industry secrets, or the extended cut of your guest interviews.
The possibilities are endless!
Check out the final version of The Proffitt Podcast Primo. Please don’t subscribe to this! I’m NOT offering exclusive content at this time. It’s just for demonstrations purposes.
Then, watch this video below all about how it works and how you can start making regular, monthly revenue with a podcast subscription for your loyal fans.
3. Affiliate Marketing
Affiliate marketing is one of the best ways to monetize a podcast! Not only does it set you up for passive income, it allows you to talk about the products and services you already love AND get paid to do it.
If you’re not familiar with affiliate marketing, check out these resources to help you understand how to monetize a podcast while working with affiliate companies.
PODCAST EPISODES
How to Use Content in an Affiliate Launch
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