Ten Ways to Make Money Podcasting

 

What is Podcasting?

If you grew up in a household where the newspaper was delivered on Saturday morning, you were probably involved in the weekly fight to get the section you wanted. Maybe Dad wanted to read the news, and Mom wanted the lifestyle section. An older sister might want the entertainment, and an older brother might want the automotive section, and the youngest child in the house will probably ask for the comic section.

The newspaper was delivered to the front door, Dad went outside in his slippers and picked it up, and the paper was distributed to the house according to the interests of the people in the family. While the idea might generalize the interests of the people living near house, the weekly newspaper-section-grab is played out across America.

People's lives are busy and not everyone is interested in everything all the time! You don't have the time to cut through the clutter of information, you simply want to get at the thing that interests you, and ignore the rest.

As the information age increases, and the availability of content seems to grow exponentially every single day, the need for organization and selectivity of information and entertainment becomes more and more important.

The latest information delivery platform to take the net by storm is Podcasting.

The term “podcasting” can be confusing to some people, because it draws its origin from the combination of the word “iPod” and the word “broadcast.” While you do not need an iPod to enjoy podcasting, the term probably caught on for convenience, and its audible similarity to the word “broadcast.”

>>>TECHNICAL TERM: PODCAST

What is podcasting?

Although we'll get into the technical terms later, podcasting is an audio file that you can listen to on your computer or on a portable device. Note that it does not have to be an iPod, but can be almost any kind of portable audio device like an MP3 player.

>>>TECHNICAL TERM: MP3

* Wouldn't it be great if someone paid attention to your

needs once in awhile?

* Would it be great if people catered to your interests?

* Wouldn't it be great if you could save more time?

* Wouldn't it be great to stay on top of your industry without subscribing to and reading a dozen magazines?

* Wouldn't it be great to hear inspiring speakers whenever you wanted to?

* Wouldn't it be great to drive to work and listened to the stuff you wanted to hear on the radio?

* Wouldn't it be great to if you had some other option than the radio or your collection of music when you go for a walk?

* Wouldn't it be great if you could eliminate annoying radio DJ banter just listen to the good stuff?

PODCASTING -- It's all about you

Ten Ways to Make Money Podcasting

#1: Advertising

#2: Direct Marketing

#3: Indirect marketing

#4: Affiliate programs

#5: Paid listening

#6: Pod-seminars

#7: Ancillary service

#8: Freelance podcaster

#9: Audio support

Money Making Tip #10: Get creative!

This is still a fledgling industry and there is so much unexplored territory. You can be sure that the inventor of the car, the phone, or the computer had no idea the extent of income-generating applications available to the modern user when they first invented it!

Here are a couple extra ideas to get you thinking:

  • If you're a writer or publisher and you have a book to market, consider podcasting a couple "teaser" chapters and providing a link to buy your book.
  • A television producer creates a podcast about the show he’s producing so people get a behind-the-scenes look at the show's development. Can you offer a behind-the-scenes look at what you do?
  • Can you package and sell other people’s podcasts (with their permission, of course!) in a related and coherent package? For example, can you find podcasts from different people describing different cars and sell them individually to consumers who can listen to a podcast as they try out each car?

Getting creative will help you make money! These are just a few ideas to get you thinking about the opportunities that are out there.

Your head is probably buzzing right with one word: opportunity. If you’re like most people, you see podcasting as an exciting way to get informed and be entertained at your leisure, while at the same time giving you the opportunity to make a better living!

Podcasting: Go From Beginner To Pro…

Don’t sound like an amateur when you do a PodCast… Sound Just Like A Professional News Anchor....  The Next Time You Create Your Own Podcast Or Vblog!

Warmly,

Ken Mathie.