How Podcasters Earn Over $10,000 Per Month With Consistency

published – Nov 29th 2021

Ever wanted to be the host of your own TV show? Or a DJ on a radio show? Maybe you just want to get paid for talking and having conversations with others. In any of these cases, a podcast is an ideal platform to scratch that itch and also make some money in the process. For some, podcasting as a career is the way to go.

How Podcasters Earn Over $10,000 Per Month With Consistency work jobs make money online from home podcast — photo by Gigxels from pixabay

Quality

If you really want to make money from podcasting then you have to make sure you are putting out quality content. Practice this to the point where you begin to consistently draw in tens of thousands of listeners and downloads. If you’re really good then you may even be eligible for podcast awards.

This can be a little uncomfortable for some, but you should consider asking a loved one to listen to your podcast so that they can then provide some candid feedback. Allow them to be brutally honest with you so that they can tell you what works or doesn’t work from their point of view.

As an experiment, listen to a few episodes of any popular and successful podcast right now. From this, you should be able to glean some knowledge on what they are doing right and why people like listening to the podcast so much. Take what they are currently doing and see how you can improve or at least match them when it comes down to quality.

In terms of duration, make a deliberate choice in regard to how long you want each episode to go on for, and then stick with that. This can be tricky as certain listeners prefer both long and short forms. Maybe one day you will have the #1 podcast in the world.

Passion

Think about whether or not you will actually enjoy producing podcast episodes on a regular basis before you dive in headfirst. There is no point in starting a podcasting business if you are miserable in the process. Like most things in life, if you enjoy it then you will be much more likely to stick with it. Be your genuine self. If you come across as being phony or insincere then listeners will be able to pick up on that fairly easily.

There are many different niches or genres of podcasts, each discussing a variety of different topics. It would be wise for you to pick a subject that you are interested in and know a lot about. For example, if you love going to the cinema to watch a scary flick then you should consider starting a podcast all about horror movies.

It’s good to narrow down your subject matter to a greater degree in order to eliminate the potential competition, however, you shouldn’t make it so narrow that you end up running out of things to talk about.

If you don’t want to go it alone, you can always ask a friend to join you on your podcasting journey. This can even improve the listening experience as you will have somebody else there to bounce off and create a rapport with. Remember, this is a business so the person you are working with will need to be as professionally committed to the podcast as you should be. You can even divide tasks out based on each of your individual strengths and weaknesses.

Podcasting involves excelling at a number of different skills from being good with technology to putting on a good show for the listener. If earning a living from a podcast doesn’t pan out then at least you can do it to bring in some side income or maybe even do it just as a hobby.

Are there any podcast jobs near me? If you don’t succeed with your own podcast then you could consider working on someone else’s. In preparation, I would suggest refining your resume. You can do this easily using tools such as jobscan and this platform will also offer you pointers when it comes to acing the job interview process.

Equipment

Many new podcasters start off by purchasing the cheapest equipment possible with the logic of saving money for their business. I can understand why people would want to do this, however, you might want to think again. Investing in decent-quality microphones, cameras, headphones, and audio equipment can make a big difference for you and your listeners.

Keep an ear out for the individual levels of volume during your broadcast. For example, if the host is too loud and the guest is too quiet then it can be a very irritating and frustrating experience for the listener. Think about implementing subtitles or a transcript for your podcast. This might seem like an unnecessary hassle at first, however, hearing-impaired listeners will appreciate it.

Find a quiet, distraction-free location to record your podcast. Preferably, this should be in your own home or even a studio if you have the means to do so. I wouldn’t advise recording remotely in public as outside influences can cause disruptions. If you decide to film it think about what your podcast background or backdrop is going to be.

technology How Podcasters Earn Over $10,000 Per Month With Consistency work jobs make money online from home podcast — photo by ivan8gallego from pixabay

Consistency & Scheduling

As with many endeavors, the key is consistency. You need to be cranking out episodes at regular intervals in order to stay competitive. Publishing one episode per week is a nice target to aim for and regularly scheduled podcast episodes also mean that your fans won’t forget that you exist.

Stay organized and have a pre-prepared list of booked guests so you aren’t desperately scrabbling around at the last minute. Have people in mind you want to invite in the future with interview questions prepared so that you are ready in advance. It also helps to have backup guests in case someone cancels out of the blue.

It’s smart to prepare a backlog of pre-recorded episodes scheduled and ready to go so you won’t be scrambling around as much. Aim to have a month’s worth of completed episodes ready to go live in the near future.

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Audience

Generally, listening to podcasts is becoming more and more popular. However, the rising number of new podcasts seems to be moving in tandem with this which means many people are fighting for your ear.

Your community will need to be expansive if you want to make a decent living doing from a podcast and clearly, it won’t happen overnight. As an estimate, if you have over 10,000 regular listeners then you can expect to earn a few hundred dollars per episode of your podcast.

Furthermore, making money will hinge on your ability to consistently grow your podcast listener numbers and keep them coming back for more which clearly won’t be easy.

You may find that you will need to edit down your podcast episodes at least somewhat so look out for some decent podcast editing software. This might be done in order to censor certain parts, create a more listener-friendly experience, or whatever other reason.

Your listenership will appreciate it if you talk directly to them and slip in a call-to-action. This will make your audience feel more important and appreciated.

Ways to earn

Sponsorship works by the podcaster promoting products and services during episodes of their podcast. For example, the host might provide a discount code (perhaps named after the podcast) and this will usually happen at occasional intervals during the broadcast. The advertiser will then pay the podcaster for his or her successful efforts. Payment might stem from a sale, a lead, or even the number of digital impressions or exposure received by the advertiser.

Many listeners will not bite the first time you try to sell something on your podcast. However, you can repeatedly remind them of the same product or service on the weekly episodes of your podcast. You will then find certain people eventually succumb, loosening the grip on their wallets.

Try experimenting with premium content too which is essentially a paid upgrade from the free content. It can encompass anything from ad-free content to bonus features such as early access or behind-the-scenes goodies. Other monetization options available for podcasters include:

coaching
accepting donations
events
advertising
consulting
affiliate marketing
public speaking
crowdfunding
offering courses
subscriptions
merchandise

There is nothing wrong with combining several monetization methods rather than just sticking to one. Although, some podcasters like to focus on one and then master it rather than spreading themselves too thin. Additionally, certain ways of monetization will work better at a later stage in your journey rather than early on and vice versa.

If you do good work and become popular then you might find that advertisers come to you rather than it being the other way around. Another option is to offer up your podcasting efforts as a freelance service. Platforms like Fiverr will allow you to do this and also open you up to thousands of well-paying clients from around the world.

Marketing

Putting out content isn’t your only worry, you also need to think about how you are going to market and promote your podcast. Podcasters can pay for advertising but there are also free promotional methods such as social media posts using Twitter and Facebook. Don’t be afraid to network and collaborate with other bloggers or podcasters. This will create a mutual benefit as both parties will be helping each other out.

You may want to establish a website or blog as a way of expanding your podcast’s online presence. It doesn’t have to be anything fancy as you can just purchase a domain name, get a hosting plan, and then set up something simple. Think about joining a podcast app or platform such as:

Here you will be grouped together with many other podcasts which won’t exactly help with the competition, admittedly. However, you should still get a boost considering these are well-known brand names and people will flock to these platforms thus increasing your exposure.

When branding your podcast, try to make the name snappy, memorable and describe to the audience what your podcast is actually about. This will help it stick in people’s minds and will also assist with word of mouth. Use a podcast name generator if you’re stuck for ideas.

microphone How Podcasters Earn Over $10,000 Per Month With Consistency work jobs make money online from home podcast — photo by StockSnap from pixabay

With a little hard work, it’s very possible to earn a living from your very own podcast. However, competition for the listener’s ear can be perilous for beginners. On the bright side, there are an ever-increasing number of ways to monetize your podcast even if your listenership isn’t that vast right now.

There are plenty more podcasting tips, ideas, and tricks out there if you were to do some more research. I would recommend that you establish a battle plan for your podcast. This should include:

a list of equipment you want to invest in
setting up a workspace
deciding on a topic
thinking about the target audience you want to attract (men, women, teens?)
allocating working hours
figuring out how you will promote your podcast

If you like working in the medium of audio then there are many other earners that might interest you. See how you can Earn Quick Cash Rating, Reviewing & Listening To Music!

Do you have any ideas on what your podcast will be about? How often are you planning to release episodes? Please don’t forget to share this with your friends and like it on social media. You can subscribe to our newsletter and comment below too. Thanks for reading!

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