The top 10 ways to earn money podcasting in 2023, even with a small audience

Learn ten ways to earn money as a podcast host, even if you have a small starting audience.

While most people only talk about sponsorship, the truth is that there are tons of other income streams for podcasters to consider, whether you’re hoping to cover your costs or earn a full-time income. So in this video, we'll cover both direct monetization and indirect monetization strategies to help you start earning money podcasting.

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✨ TIMESTAMPS:
0:00 - Can you earn money podcasting?
1:01 - Indirect vs. direct monetization
1:42 - Which type of podcast are you?
2:11 - 1. Sponsorship
3:49 - 2. Donations
4:27 - 3. Paid subscriptions
6:00 - 4. Private community
6:24 - 5. Private paid podcast
7:25 - 6. Merchandise
8:13 - 7. Sell your own products & services
9:39 - 8. Affiliate marketing
10:34 - 9. Sell a book
11:19 - 10. Speaking fees
11:54 - How to launch your podcast
12:19 - Which strategy will you choose?

✨ START YOUR PODCAST:
Join our free, on-demand masterclass, "How to launch a podcast & get your first 1,000 listens," where I dive deeper into the mistakes many new hosts make and how to fix them: https://witandwire.com/podcast-launch...

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Podcast microphones: https://witandwire.com/microphones

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✨ ABOUT WIT & WIRE:
Hey! I'm Melissa Guller, the founder of Wit & Wire. I previously worked full-time for Ramit Sethi, Teachable, and General Assembly, and today, we share simplified tech tutorials and modern marketing strategies to help everyday experts become profitable course creators.
Website: https://witandwire.com
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