![]() Related: How to Make Money Podcasting Conclusion It would be best to focus on growing your audience and experimenting with other monetization options. Realistically, the monetization of your podcast will come from various sources, none of which are going to be directly from Spotify. With over 1 million all-time plays, his dashboard shows $13000 in earnings. One podcaster has shown his earning through Anchor by Spotify. Top tier 1-2% podcasters can get around 20,000 or more downloads per episode and earn around $10,000-$15,000 per month. Only 7.4% of experienced podcasters can achieve 5,000 downloads per episode, averaging $4,000 earnings per month. Here is an example of how much you can make with 1,000 downloads: If you work your way up and can get 1,000 downloads per episode, you can make money by selling merchandise or sponsorships. On average, 50% of podcasters get around 129 downloads per episode. ![]() Then, submit your podcast to the Spotify Podcasts app and notify when approved.Īfter submitting, your podcast will be reviewed and published within five business days. Getting your podcast featured on major platforms like Spotify can help make it more accessible to listeners.Ĭreate a profile and an RSS feed that includes at least one episode and tags to get started. You can also sign up with Spotify for Podcasters to automatically submit your show. If your platform is an aggregator partner of Spotify, it will automatically distribute your podcast to the platform. Having guest appearances on other shows can be a way to attract more listeners. CollaborationĬross-promote with other podcasters can also help you expand your audience. Your platform should also have a cohesive look and feel. The visual and written elements should communicate the same message and tone. Mobile-friendly websites are also significant to keep in mind. Make sure that your show is easy to find and listen to and has a good logo. Having a plan in place will help you reach them efficiently. One of the essential steps in developing a successful podcast is identifying your target audience. While advertisers look at various factors such as audience size and frequency, it is still essential to attract and expand your audience.ĭue to the increasing popularity of podcasts, their advertising revenue is expected to grow at a robust rate of 14.7% in 2020, according to a study conducted by PricewaterhouseCoopers. Related: Should You Start an LLC for Your Podcast? How to Expand Your Spotify Audience to Attract Advertisers Increasing your audience can help maximize the amount of money you can make on Spotify. The amount you can make on Anchor ads and subscriptions varies depending on the size of your audience. ![]() Through this platform, podcasters will distribute subscriber-only content across Spotify without affecting the quality or quantity of their episodes. This feature will allow creators to publish episodes to Spotify and other podcast platforms without requiring them to pay for the platform’s subscription.įor the next two years, creators will be free to use this feature, and Spotify will introduce a competitive 5% fee in 2023. Spotify is launching a paid subscription platform that gives podcasters the tools they need to maximize their revenue and discoverability. To qualify for the Automated ads program, applicants must meet various requirements, such as having a unique listening experience and Spotify followers. These ads are not host-read and are reserved for ad segments you would like to see in your episodes. They work through Spotify’s Audience Network, enabling advertisers to connect with listeners who consume a broad range of content. Automated Ads by AnchorĪutomated ads are a new way to make money through Anchor. To unlock the Ambassador Ad feature, you need to reach 50 subscribers. However, unlocking some of the Anchor features can take time and work. You can record and add ads for your sponsors into your episodes and then take donations from listeners. Two ways to make money from your podcast are sponsorships and Listener Support. Let’s look at the main types of ads for Podcasters to make money on Spotify: Anchor.fm by Spotify Ambassador AdsĪnchor is a platform that enables users to start a podcast record and distribute them. The new Anchor feature, available for iOS and Android, is an excellent way for podcasters to make money through Spotify. Monetization Methods for Podcasters on Spotify
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