The Top Podcast Making Money Methods (Sponsorship is is Not Top)

• Just what are the top money making methods for podcasters and why selling sponsorships for your show is not number 1.

This is Independent podcaster problem solvers and I’m Dr Brad Miller

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I’m Dr. Brad Miller here to address problem you the Independent Podcast have.

These include:

Acquiring and Building and audience,

Making Money Podcasting and

Tech.

• We do that by reviewing the best books, courses and coaching in podcasting
• listening to your problems: go to www.podcastindependent.com/voicemail
• talking with the podcasting gurus to speak to your problems
• and by pointing you to the best podcasting events.

my event is PodINDY.com Where Dave Jackson will unpack his book Profit from Your Podcast” which is going to audio very soon and how your podcast profits can be amplified with AI

PodINDY.com is a live in person and live virtual event held November 9, 2024. 9-5PM ET.

You can come in person to Indianapolis for $57, lIve virtual for $27 or get the downloads for $37.

The good news because your here you can use the coupon code INDY for 15% off all tickets.

Go to PodINDY.com for details.

Ep. 05. insights from Chapters 4/5 of the book "Profit from Your Podcast

Certainly! Here's a comprehensive sequence of topics covered in the transcript, with sub-topic bullets below each primary topic:

1. **Introduction: How to Make Money with a Podcast**

- Reference: "Profit from Your Podcast" by Dave Jackson

- Initial steps: Building up an audience

2. **Primary Methods to Make Money with Your Podcast**

- Sell your own products

- Live events

- Sell other people's products (affiliates)

- Sponsors

- Donations and crowdfunding

- Opportunities

- Free stuff

3. **Detailed Exploration of Each Money-Making Method**

- Importance of building a significant audience for sponsorships

- Requirement: 5,000 downloads after 30 days of publishing

- Fact: Less than 10% of podcasts achieve these numbers

- General Advice: Sponsorship not the best initial strategy for most podcasters

4. **Deep Dive into Selling Your Own Products**

- Types of products and services you can sell:

- Books

- Consulting

- Services

- Manufactured products

- Swag

- Membership site

- Charging guests to appear on the show

- Pricing products and services:

- Leveraging trust with the audience

- Direct-to-consumer approach

- The necessity of promoting products and services

- Global audience consideration: Shipping costs and competition research

- Pricing strategy: Not cutting prices excessively to avoid becoming the "Walmart of your niche"

5. **Summary and Conclusion**

- Emphasis on selling own products as the most effective method to make money

- Importance of active promotion and pricing strategy

- Global...