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so you're thinking of starting a podcast , or maybe you already have one great well , how do you make money from that podcast , well very popular way to make money from , your podcast is through advertising but , it's not the only way to do it now , advertising is great you have an , audience and you have advertisers you , marry the two and you can get paid for , that and that's fantastic there's a lot , of people out there who are doing , podcasts and making a lot of great money , in that way a great friend of mine Sean , Stephenson from the model health show is , an example who's doing advertising right , making it sound very organic and his , shows because he also uses tho sesame , product sand because of that I trust him , in his recommendations and get those , products too it works advertising is not , always a great strategy because for one , maybe they'd heard those ads enough and , they're gonna scroll through hit in that , W-second button just to get through , that par tor perhaps those products , don'tavern align with your audience in , which case they might not even listen to , your show so what do you do how many , other ways are thereto make money from , your podcasts other than advertising and , sponsorship well in this video'm going , to share nine different examples with , you with real life examples from , real-life podcasts around number , one digital products digital products , are products that are electronic and , they can be distribute din a very very , salable way online which is the benefit , there are a lot of examples of this for , example books or music software online , courses those kinds of things one , example is the fantasy footballers , podcast hosted by Andy Jason and Mike , they sell digital product called the , ultimate draft kit which they offer to , their listeners and it allows person , to download all the best projections and , stats and top players for their upcoming , football draft I probably should have , got that this year because did't do , so well you buy it gets delivered to you , via email which is really cool so , hands-off but also what's really cool is , they have to do one of these every year , which allows for even more purchases , down the road another example is from my , good friend Rick already from Rick , already calm and the host of the art of , paid traffic podcast he tells a number , of courses related to how to do Facebook , advertising so if you have a business , you want to scale or get in front of a , new audience , he has courses to help you do that which , are digital products number two physical , products for example the physical , products from thicko podcast it's , hosted by Jewelling who is are tired , Navy SEA Land through his podcast he , actually sells a number of things such , as merchandise with his podcast name on , it like t-shirts but in addition to that , other things that help improve person , physically such as , I'll make a three sand T's and those , sorts of things now another example in , this category is the bad dice podcast , with Ben Curry on this podcast which is , geared toward war hammer and the war , hammer gaming community he sells a , product that is called scenery dice I , have no idea what that is but it sounds , a little dicey , number three affiliate products what our , affiliate products well instead of , selling your own products that you spend , the time and money to create you can , actually sell other people's products , and through those recommendations you , can earn a commission affiliate , marketing has bee none most profitable , ways that I'vie be enable to generate an , income online it's great especially when , you're just starting out because you , don't need to spend the time to create , those products and a lot of the stuff is , already there in the market that you can , sell and recommend to your audience now , there's a lot of rules and things that , kind of go into that so make sure to , check out the links below in the , description which relate to some other , content that can help you relate to , affiliate marketing if you want to learn , more about that now it's really cool as , a pod caster you can do few things for , example if you are selling and , recommending another person's product , invite that person on your show have , them talk about how they built that , product have them build a relationship , with your listeners that way the sell is , not even to feel like a sell at all it , just becomes a natural progression after , listening to the episode good example , of this is when I interviewed the , founder and creator of convert kit an , email service provider that use and , recommend and full disclosure'm also , an advisor for the company now but I , interviewed Nathan I talked about his , origin story about how he created this , product and I did see a noticeable bump , in affiliate sales for convective , that episode came out and I still , referenced it today , number coaching now the beauty oaf , podcast is that through your voice , you're able to build a relationship with , those who are listening on the other end , and if you offer coaching services , you're more likely to convert that , person because they kind of already know , you they know what kinds of things you , have to offer what your vibe is like and , if you offer any coaching service sand , they like you well it's gonna Beau good , fit for example Ben Greenfield from the , Ben Greenfield fitness podcast on this , podcast where Ben talks about things , like digestionbiohacking lifestyle , nutrition recovery all kinds of things , related to our health he also shares , that he has fitness and coaching , program because you get to know Ben on , his show and you like what he has to say , well if you need the coaching you're , more likely to actually work with him , fitness coaches lifestyle coaches , financial coaches coaches of all kinds , can benefit from having a podcast and if , you , actually just offer your service son , your show you can actually see some , conversions number five similar because , it's kind oaf service let's talk about , consulting so instead of coaching a , person and helping them through some , tough times or you know helping them , wrap their brain around something , perhaps you're actually offering a , service to accomplish something for , example Rob and Kari from the Disney , travel secrets podcast Rob and Kari are , actually two students of mine in my , pow era podcasting course and the , podcast is great because it allows them , to again build a relationship with their , listeners but also it helps their , listeners want to work with them to help , fulfill their Disney dreams with , building their dream vacation and , seriously if you want to know the , secrets related to Disney and how to , have a great vacation definitely check , out Disney travel secrets withered , Karin number six selling your own books , now yes this does crossover with a lot , of what we'vie already talked about books , can be digital obviously books can lead , to consulting gigs and coaching gigs but , more importantly the sale of the book , itself in happen as a result of your , podcast what's cool too is you could , actually as you are writing your book , use your podcast to help people , understand that this book is coming out , to create buzz for it to show people to , progress as you then build buzz to that , launch date there area lot of examples , of authors utilizing podcast to help , sell their books as well so a lot of , examples of people being a guest on , other people shows to sell their books , bu tone person Want to highlight is , hollered who wrote the miracle morning , in his podcast achieve your goals for , one it helps people discover his book , who discovered his podcast first and it , also helps people who discover his book , first find his podcast and build an even , deeper relationship with him two there , are no hard sales in his podcast which , is great it just becomes a natural part , of the conversation because that's what , he'known for his book miracle morning , and the tens of thousands of lives that , he's changed number seven public , speaking podcast is an amazing digital , stage that allows you to launch yourself , into potential physical stage I'vie , actually been recruited myself to speak , onstage as a result of my podcast which , is really cool too if it comes a part of , your offering the fact that you , mentioned hey guys you can actually have , me on stage too if you want well you can , be like Marc Mar on from the WTF podcast , I'vie personally seen Mar con stage , before at different events I'vie been at , and he'awesome he's so funny and , what's really cool he's super , down-to-earth too now Id on't know how , much he makes from these speaking , opportunities again as ares ult of his , podcast but I would care to guess that , it's in the five figure range somewhere , maybe and that's a pretty lucrative day , so if you want to start public speaking , you already have a podcast Walt , mentioned that you do that every once in , a while maybe you do an episode related , to some events that you'vie been to in , fact that yeah this is something you , want to do that alone can help plant , that seed for people to come to you and , say hey you want to speak at my stage , number eight putting on your own events , when you build your tribe with your , podcast which can and will happen if you , give it enough time they will want to , meet each other and you as well and you , can create some amazing events as a , result of the tribe that you build the , way person consumes the podcast is is , very much like how a person consumes a , show they become a fan of the show and , they want to get more involved with that , show and one particular show that , actually had a podcast to go along with , it is the Walker stalker podcast fan , show that was dedicated to the show , Walking Dead on AMCI actually featured , the two hosts of the Walker stalker , podcast on my show in episode W of the , smart passive income podcast and their , story is amazing as ares ult of starting , their podcast again just a fan podcast , between two guys who love The Walking , Dead they were able to get some of the , celebrities onto their podcast and as a , result of that they were able to start , putting on conventions not just little , events with you know a few hundred , people but literally tens of thousands , of people come out no wand they have , multiple events every single year the , big event is in Atlanta where the film , is where the show is filmed and tens of , thousands of people show up all the , celebrities come out people line up to , get autographs I know because guess what , I'vie been to these events before too , with my wife here's picture of me with , a couple of the stars from the show this , is the characters Darrell Andaman , from The Walking Dead and it was just , such cool experience to go and hang , outwith the crew there but anyway to go , back to the story here podcasting can be , a great way to build a community bring , them together in an event like fashion , just like Eric and James did with the , Walker stalker con number 9 patron , patron is a service tool application , this thing that exist sit's pretty , awesome because what it doe sis it , allows your fans to pledge to yes they , want to support you for the work that , you do so just imagine you have a , podcast and you say hey guys if you want , to support the show just pledge one , dollar per episode we come out with one , Episode a week that's all you got to do , so think about that one episode per week , four episodes a month four dollars , times a thousand times ten thousand , times however many listeners you have , who are a fan of what you do you can see , this can scale and be quite profitable , to take for example the hosts of the , daily tech news shows podcast hosted by , Tom Merritt which has nearly , backers which total twenty thousand , dollars plus a month just through his , fans I also interview both jack cont , and Tom Mara on episode W of the smart , passive income podcast links below now , if you choose to set up an account with , patron know there's gonna be some , people in your audience already likely , who will be huge fans who will just , support you anyway without any further , incentive needed now it's best practice , to have some other bonuses and other , items that are unlocked when a person , becomes a patrons just think about , what those things might be before you , get involved with setting up an account , so those are nine ways to generate an , income in addition to advertising and , sponsor ships so if you feel you're stuck , in the advertising and sponsorship wheel , or perhaps you want to get involved with , making money on your podcast but just , don't want to go down that route or , maybe even don'thieve enough people who , are following you or big enough audience , well guess what you have great , opportunity to potentially make even , more money through these other methods , and hey if you like this video thank you , so much Appreciate it click on the , like button and also share this think , a lot of people would also love to know , how to generate an income through their , podcast- and by the way if you haven't , yet gotten started with a podcast make , sure to check out how to star ta podcast , com that's my free how to start a , podcast in three days a mini course , we'll just walk you through the process , in just three days house start a podcast , calm again thank you so much for , watching this video and before you go , leave a comment really quick I'd love to , know what podcasts you're listening to , so leave a comment below I'm interested , to find out thanks so much and we'll see , you the next video
