moonchild
VIP Contributor
Podcasts are the rave nowadays because everyone is starting them, if you are interested in having your own podcasts and you want to make passive income from it, there are a lot of ways you can achieve that, first of all you'll have to choose a niche you have knowledge about, a niche that comes to you naturally without having to crack your head for contents.
After getting a niche, you also have to work hard in getting listeners you might have to spend money in advertising, but what stands out here is, if your content is good, you will be able to gain traction quickly, now let's talk about how to make passive income from your podcasts:
1) Sponsorships: One of the most common ways to monetize a podcast is through sponsorships. You can sell advertising spots to companies or individuals who want to reach your audience. You can either approach potential sponsors yourself or use a platform such as Midroll or Advertise Cast to connect with advertisers.
2) Selling merchandise: Creating and selling merchandise such as t-shirts, mugs, and stickers related to your podcast is another way to generate passive income. You can use a platform such as Teespring or Printful to create and sell your products with no upfront costs or inventory.
After getting a niche, you also have to work hard in getting listeners you might have to spend money in advertising, but what stands out here is, if your content is good, you will be able to gain traction quickly, now let's talk about how to make passive income from your podcasts:
1) Sponsorships: One of the most common ways to monetize a podcast is through sponsorships. You can sell advertising spots to companies or individuals who want to reach your audience. You can either approach potential sponsors yourself or use a platform such as Midroll or Advertise Cast to connect with advertisers.
2) Selling merchandise: Creating and selling merchandise such as t-shirts, mugs, and stickers related to your podcast is another way to generate passive income. You can use a platform such as Teespring or Printful to create and sell your products with no upfront costs or inventory.