How to Pick the Right Monetization Strategy for Your Podcast?
How to Get Your First 100K Podcast Listeners: For Online Business Owners - Un podcast de Luis Diaz
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PDS #164I've noticed through a lot of conversations with podcasters there's a lot of different views about how to monetize a podcast...Truth is there's not a "Perfect " way.But there is an ideal way to do it.#1 Coaches or consultants:- You sell high tickets so you only need a few sales a month to make it a great month.- Your selling results /experience and knowledge that can lead to resultsBest Option- For you private audio (a paid easy to make low ticket product) can be a nice conversion tool to get a listener to make a micro commitment.- Another one is what is the "guest referral machine system" which we discussed in our Profit Ready Podcasting Masterclass. If your interviewing 2 to 4 guests a month this will help you capitalize on every interview in a non-sleazy value driven way.#2. Agencies and Service Providers:- You're selling higher ticket items so you need less volume but high quality.Best Options:- Private audio (like above)- A Hot Seat Show System3. Influencer selling a low ticket /membership- You need more volume to meet the goal- You can use more tactical things like flash sales or special discount codes throughout the year to capitalize on holidays and events.Best Options- Affiliate sales- Sponsorship using the CAP modelResources:- Book a call here.- Facebook