Understanding Platform Fees: Best Options for Podcast Donations and Premium Content

School of Podcasting - Plan, Launch, Grow and Monetize Your Podcast

Value for Value or (podcasting 2.0) is NOT just about streaming Satoshi's (a very small amount of bitcoin). Today, we will discuss asking for support and what tools fit best for your situation.

I may earn a small commission for some of these as I participate in their affiliate program. This costs you nothing and supports the show.

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Platforms Discussed:

Donation Only (No RSS Tools)

Paypal

Buy Me a Coffee

Fanlist

Kofi

Premium Content Tools

Supercast

Patreon

Memberful

Hello Audio

Captivate

Buzzsprout

All of these platforms have their own strengths. If I just wanted to accept money, I'd use Buy Me a Coffee. If I wanted to sell premium content, I would use Supercast (although Captivate and Buzzsprout are very attractive if you are using them for hosting). Supercast has a super easy onboarding for new listeners with a two-click install, and their percentage is in alignment with others (if not less).

Keep In Mind:

A show with WOW content will likely get around 3% of its audience to engage.

New podcasters should focus on building great content and their audience instead of monetizing, which can lead to disappointment.

There are MANY other ways to make money with your podcast besides advertising and asking for support. See my book Profit From Your Podcast.

Full details at schoolofpodcasting.com/947

Because of Podcast

Congrats to James Cridlan of Podnews who was asked to come on BBC News and discuss the new deal with Kelsie brothers podcast. Check out how this happened in his article.

Jen Bryney of Congressional Dish got to cover both the Republican and Democratic party events via her connections with C-Span. Jenn your video from outside the DNC was touching. Keep up the great work.

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Come to Podindy.com - Learn How to Monetize and Amplify with AI

PodINDY-24 is all about "Profiting from Your Podcast Magnified by AI" and features the author of "Profit from Your Podcast" (Hall of Fame Podcaster) Dave Jackson. Dave is joined by Dr. Craig Van Slyke, Professor of Technology from Louisiana Tech University and the creator of the "AI Goes to College" Podcast; a preeminent scholar and thought leader on all things AI. Tickets (in person and virtual) are very affordable. Check out www.podindy.com

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