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Start by setting yourself up for monetization by nurturing your community and selecting the right hosting platform. These two components are the premise for growth. Once you've nailed those down, you might consider monetizing with affiliate marketing, sponsorship deals, and now more intuitive ways like programmatic advertising. Choose the Right Hosting Platform As soon as you can, you should lay the foundations for monetization which is a strong community of listeners and the right hosting platform. Then you will begin to see the benefits as your audience grows. The most common way podcasts are currently generating revenues is via ads, sponsorships, listener donations, membership, and subscription models. However, most monetization strategies fail because podcasters don't have a clear plan or a solid understanding of what goes into making a show that will generate a revenue stream. Yes, you need to talk about your passion, but you should also be strategic. Programmatic Myth 1: Lower CPMs. Let's consider a service-based option in terms of how do podcasts make money: coaching. Patreon is a service you can utilize to organize your premium episodes for a fee. To facilitate this set up you can use a password-protected page for your premium content so that way it's separated. This option is the next level up from your free content but might not be as much of a project compared to coaching or services. Memberships are a fantastic way to nurture the audience you already have and create more tight-knit relationships. The stronger the relationships, the greater they are to stick around in the long term. faux saint laurent bag
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