WATCH

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EPISODE DESCRIPTION

Are you ready to monetize your podcast but unsure of the best approach? In this episode, we explore the "Profits Framework," a step-by-step process to help you effectively monetize your podcast, regardless of your audience size.

In this episode, you’ll discover:

• The 7-step "Profits" framework for planning, researching, optimizing, focusing, implementing, testing, and scaling your podcast monetization.

• How to define your audience and create a content plan that attracts and engages them.

• Various monetization options available to podcasters, such as sponsorships, ads, affiliate programs, and selling products or services.

• The importance of focusing on one monetization strategy at a time to ensure its effectiveness.

• How to track your progress using analytics and data to make data-driven decisions.

• Tips for testing and iterating your monetization strategies based on audience feedback and performance data.

• Scaling and diversifying your monetization options for long-term podcast success.

Full transcript and show notes

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Podcast Academy Website

TIMESTAMPS

00:00 - How Do Podcasts Make Money?

00:10 - Digital Podcaster Introduction

01:13 - Episode Introduction

03:45 - The P.R.O.F.I.T.S. Framework

05:05 - Plan Your Approach

06:36 - Research Monetization Options

10:17 - Optimize for Audience Value

12:40 - Focus on One Strategy at a Time

13:49 - Implement and Track Progress

16:20 - Test and Iterate and Scaling

18:49 - Closing Thoughts & Next Steps

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SPONSORS

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🎙️ Follow a proven system to start, grow and monetize your podcast in a matter of weeks