Big names get large numbers of listeners and, in return, large amounts of advertising revenue. We get it, podcasting is your passion, from thought-provoking conversations to networking with like-minded people. But even your passion can get a little expensive after a while. So wouldn't it be great to get paid for what you like to do? But the question remains, how do podcasts make money? Now let's talk about how podcasts make money.
So how do podcasts make money? Let's get those monetization ideas flowing and see 10 ways you can make money with your podcast, starting with programmatic advertising. Okay, about how podcasts make money with memberships and how to set them up. Imagine all the money the Harry Potter book earns from selling all the magic equipment at Disney theme parks. The fact that you can use programmatic ads also means that, if you're thinking of migrating your podcast to Spreaker and you have a full catalog of programs, you can start earning money almost immediately by placing ads throughout your old catalog.
Leveraging a popular podcast to sell books is another great way to earn money and increase your authority. Based on these assumptions, if you have 1000 downloads per episode, the sponsors aren't interested in your show yet, but you can still make some money. They make it very easy to offer additional content or bonuses depending on how much money people support you. To help offset the production costs of each episode, you can simply ask your listeners to tip you or to donate money to you.
The best method is to create a Patreon account and create a page that explains why you deserve support and raising money. Advertising and sponsorships are probably the first things you think of when you're looking for ways to make money with podcasts. Instead, develop authentic relationships with your listeners and use those relationships to earn money. So wouldn't it be great to get paid for what you like to do? But the question remains, how do podcasts make money.
Ultimately, if you have a tight-knit audience and you continue to persistently control what they like, you can sell them and earn the money you want. This way, you can work on your podcast while earning money with someone who learns with your course.