There are two types of monetization for podcasts:
- Primary compensation coming from your audience
- Sponsored as the primary source of funding
You can create patron programs, put premium audio content behind paywalls, accept donations, or sell merchandise to monetize your content. These strategies, which put the burden of supporting your podcast on your listeners, are effective for podcasts with loyal listenership.
In short, the best monetization podcasting platforms consider your audience’s primary compensation. On the other hand, paying from sponsors can come from both a general sponsor of your podcast and monetization strategies like ads and ad campaigns. Moreover, donations and subscriptions from listeners include a reliable and well-liked method of podcast monetization.