How to monetize your podcasts?

You might be wondering if there a way for you to can earn through your podcasts?

With the storm brought by the internet, Go-Virtual is the new trend in today’s times. To keep up with it, podcasts are becoming extremely popular. The podcasting industry is estimated to be a 1 billion dollar industry by 2021.

A 26% greater increase in podcast listeners as compared to last year works much as evidence to the estimation. Huge tech companies are jockeying to become the No. 1 destination for podcast listening, and the biggest players are Apple, YouTube, and Spotify. The connection of huge companies testifies the growing popularity of podcasts.

But it making money from your podcasts may take some time and needs a lot of patience.

The major attraction is the low cost of entry and the ease with which it can be started. A popular podcast can earn a potential income from selling advertising. In fact, many blue-chip advertisers now sponsor podcasts.

Another way trending to earn out of podcasts is where listeners have to buy subscriptions or some also just charge for episodes that are premium which is also a popular practice by The Economics Times.

There has been a huge acceleration in listenership because of which brands are willing to invest in advertisement.

Some of the most popular podcasts to get marketing tips are- Marketing Over Coffee, Social Media Marketing Podcast, and The Science of Social Media among others. They cover the domains of SEO, Analytics, marketing through social channels, and much more.