Value for Value or (podcasting 2.0) is NOT just about streaming Satoshi's (a very small amount of bitcoin). Today, we will discuss asking for support and what tools fit best for your situation.
I may earn a small commission for some of these as I participate in their affiliate program. This costs you nothing and supports the show.
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Donation Only (No RSS Tools)
Premium Content Tools
All of these platforms have their own strengths. If I just wanted to accept money, I'd use Buy Me a Coffee. If I wanted to sell premium content, I would use Supercast (although Captivate and Buzzsprout are very attractive if you are using them for hosting). Supercast has a super easy onboarding for new listeners with a two-click install, and their percentage is in alignment with others (if not less).
Keep In Mind:
A show with WOW content will likely get around 3% of its audience to engage.
New podcasters should focus on building great content and their audience instead of monetizing, which can lead to disappointment.
There are MANY other ways to make money with your podcast besides advertising and asking for support. See my book Profit From Your Podcast.
Full details at schoolofpodcasting.com/947
Congrats to James Cridlan of Podnews who was asked to come on BBC News and discuss the new deal with Kelsie brothers podcast. Check out how this happened in his article.
Jen Bryney of Congressional Dish got to cover both the Republican and Democratic party events via her connections with C-Span. Jenn your video from outside the DNC was touching. Keep up the great work.
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Come to Podindy.com - Learn How to Monetize and Amplify with AI
PodINDY-24 is all about "Profiting from Your Podcast Magnified by AI" and features the author of "Profit from Your Podcast" (Hall of Fame Podcaster) Dave Jackson. Dave is joined by Dr. Craig Van Slyke, Professor of Technology from Louisiana Tech University and the creator of the "AI Goes to College" Podcast; a preeminent scholar and thought leader on all things AI. Tickets (in person and virtual) are very affordable. Check out www.podindy.com
Question of the Month
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00:00 - None
00:00 - Introduction
00:54 - Opening
01:50 - The Satoshi Hiccup
05:21 - Setting Expectations
08:03 - Accepting Payments Only
12:46 - Selling Premium Content
19:20 - And the Winner Is...
21:10 - But if the Donation is Larger
24:45 - Pricing
25:44 - V4V Satoshi Thing
27:16 - Join the School of Podcasting
29:04 - How to NOT Ask For Support
30:58 - 30% Taxes
33:39 - Quick Summary
37:21 - Because of My Podcast
42:45 - Housekeeping
46:33 - Bloopers