Today I'm talking about The Key to Monetizing Your Podcast in a BIG Way! and I really want you to understand why it is important for your podcast.

No matter what stage the podcasters I work with are in, it always seems like we go back to one to get clear on this particular aspect of podcasting.

The reality is that you need to niche down as tight as possible and create specific content to meet a specific need for a very specific avatar, if you want to really monetize in a big way.

Most podcasts are created for a much more generic audience than you can actually monetize in any significant way.

When I talk about The Key to Monetizing Your Podcast in a BIG Way! here's what you really need to know:

• Create content for a very specific avatar at a very specific place in their journey.
• Niche down to the place where you can give them the biggest transformation because they have the biggest pain points.
• Don't spend your time or marketing dollars on a niche that you have to educate in order to get them to take your solution.

Our next Podcast Profit Challenge starts soon! This is the perfect opportunity for you to get the help you need to begin to monetize your podcast. It doesn't take years to monetize your podcast, it can be done in as little as 90 days!

Join now!

What tools should you use for your podcast?

When it comes to your podcast, we have a lot of recommendations that can help make your podcast journey easier. We've used almost every tool available and we only recommend the tools that we use, know and love.

Here are our favorite podcast tools:Hardware:

Best USB Microphone: Shure MV7 USB Microphone

Best XLR Microphone: Heil PR-40 Dynamic Microphone

Best Headphones: Apple AirPods Max Headphones

Best Microphone Interface: Scarlet Focusrite 2i2

Software:

Highest Quality Recording Platform for both Audio and Video: Squadcast

Best Podcast Hosting Company: Captivate

Best Software for Email Marketing and List Building: Active Campaign

Best Software for Building Sales Funnels: Clickfunnels

Best Software for Keyword Research and SEO Optimization: SurferSEO

Best Software for AI Generated Writing: Jarvis

Best Software for Creating Captioned Video Snippets for Social Media: Zubtitle