How to Monetize Your Podcast in Under 12 Months? Pick an easier to monetize niche, understand your audience, use your podcast to promote your own product, leverage existing channels for monetization, and have a podcasting website.

------------

Full episode transcripts are available at: improvepodcast.com/school

------------

Research Key Findings:

As we discussed in previous episodes, 69% of higher-income podcasters have shows older than 24 months. 

But there is also another side of this statistic we have discovered.

The remaining 31% of higher-income podcasters are generating over $50.000 from their shows when the shows are younger than 24 months.

That is almost 1 in 3 podcasters. That is great information.

Even more incredible, 23% of podcasters manage to do it in under 12 months.

TOP 5 conditions to meet to monetize your show successfully in under 12 months.

1. How to pick a niche with a higher purchase intent?
2. Understand your audience to deliver precisely what they need
3. How to promote a product with your podcast?
4. How can you leverage an existing channel to grow your podcast?
5. Why do you need a landing page for your podcast?

If you need help getting your podcast off the ground quickly, even within 6 weeks, go to improvepodcast.com/pro

------------

Setup used for recording:

(if you use the below affiliate links you will support the show with no additional cost to you)

* Microphone - Shure SM7B - amzn.to/3bikQXj

* Audio interface - Focusrite Scarlett 2i2 - amzn.to/3sR6gMg

* Preamp - Cloudlifter - amzn.to/3bfFreF

* Music - Soundstripe - improvepodcast.com/soundstripe

* Full Podcasting Gear Recommendations improvepodcast.com/gear

------------

Need help with podcasting?

* Check what I can do for you at improvepodcast.com/pro