The more specific your podcast is, the more attention you’ll attract. As you develop an audience, become more specific. Start out with general knowledge, even in your niche. How can you make your business more profitable? Expect to make about $30,000 as a moderately successful podcaster. Small podcasts, however, make as little as $2,000 per year. Typically, average podcast owners make about $12,000 per year as a side job. How much profit can a podcasting business make?Ī highly successful podcast can make as much as $50,000 per episode. If you’re selling an app, consider pricing it at about 99 cents for a download. Podcast memberships are usually between $1.99 and $9.99 per month. If a podcaster is well-connected in the mobile app world, they might sell an iPhone app alongside their podcast. Successful podcasters often build an entire brand around their services, becoming product providers and even consultants. Social media advertisement can also generate money, as can a podcast’s website. Others, meanwhile, might offer free partial shows while offering entire shows for a fee. Some podcasters give away free episodes, charging listeners for other episodes. Every time a sponsor is used, a podcaster is paid. How does a podcasting business make money?Ī podcaster can make money in several ways.
Listeners who are prone to e-commerce purchases are particularly lucrative.
BECOMING A PODCASTER DOWNLOAD
People who drive often, go for walks, or simply download smartphone podcasts. In general, however, a podcaster’s market is anyone who listens to podcasts. Because a podcast can be about anything, it’s up to the podcaster to determine their niche. Who is the target market?Ī podcaster’s target market is large. Much of your ongoing expenses will be directed towards information gathering and real-life experiences, which can include variable travel costs. Technology maintenance and upgrades are inexpensive normally, they’re about $500 per year. What are the ongoing expenses for a podcasting business? All in all, basic start-up costs amount to a little under $1,000 if the business is being start as a low-budget one.
BECOMING A PODCASTER SOFTWARE
Publishing software is available for about $20. Good audio editing software can be purchased for as little as $300. A basic laptop will be needed, too, which will cost about $700. An audio interface, meanwhile, will cost between $30 and $300.
BECOMING A PODCASTER PORTABLE
What are the costs involved in opening a podcasting business?Ī podcast owner will need to purchase a portable XLR recorder, which costs between $100 and $500. Luckily we have done a lot of this research for you.