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Jul 21, 2009

How to Make Money Online With Podcasts - 5 Little Secrets

Jul 21, 2009

How do you turn your voice into traffic? How do you do that and make an immense amount of money as a result? The answer is podcasting! But what is the secret behind podcasting...how to make money online with a podcast?

Like Magic

Podcasting is the easiest way to get your message out. You are recording your voice...or a conversation...and putting it out there through RSS...and almost like magic, other people hear it and they start subscribing and it can really take off in a short period of time.

When I did my first podcast, I didn't tell anyone about it at first, and I still got people downloading it...that was pretty awesome.

Secret #1: Get Started Now

Podcasting is still new enough that you can really get started now and start building huge audiences that will pay off big in the years to come. The podcast audience is growing at a huge rate...so you really want to get started now...that's the first secret!

Secret #2: Use Existing Material

So I'll tell you what I did with my first broadcast...I actually took a recording of a teleseminar I had already done...so you can do that...or you can create a new recording, whatever. That's the second secret-you can use existing material if you have it...that way you can get going right away!

Secret #3: You don't Have to Know What You are Doing

Now I literally had no clue what I was doing, so I followed some very simple steps from Scott Paton, who is a master podcaster. I did the recording and I uploaded it to iTunes...

Secret #4: Free Traffic

And it was totally free! It cost me nothing to actually do the podcast. I just recorded it...you can record it on your computer, whatever. That's a great secret when it comes to making money online...free traffic-especially when it is targeted traffic like this-is great traffic.

Secret #5: Sshh...it's a Secret!

So now, secret #4...guess what I did? In the audio I had an affiliate link to the product I was talking about. See, I wasn't talking about one of my products...I was actually talking about a fantastic book by my friend Mark Joyner...so I included an affiliate link to that book. I guarantee you that this podcast will make me money over time.

My Results

Look, to really test it out, I didn't send anything out to my list about it. 'Cuz not everybody has a list.

In less than 24 hours I had 46 feed views of that podcast. Now that doesn't sound like a lot, but when I ran the numbers by Scott, he thought I would be doing great if I hit 20...so I was doing awesome!

So I asked Scott, if I had 20 views how many downloads would he consider to be typical...or good. He said one or two...so I figure about 10%, right? Well, I actually had 30 people download that podcast which is frickin' awesome...that's 66% percent.

Now again, I know that 46 people isn't a huge number...but that's in the first 24 hours without mailing my list or doing any advertising. That's 46 people who wouldn't have heard my name or gotten that information otherwise.

There you have it...5 little secrets that show you how to make money online with podcasts. Take the podcasting magic and put it to work now...use some existing material for quick start and talk about something that you can make a little money from. Then just do that over and over!

Tellman Knudson is CEO of Overcome Everything. He and his team at The Listbuilding Club are passionate about teaching others the ins and outs of list building and other internet marketing strategies. Learn more about how to make money online by visiting http://ListSpeed.com/

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