Understanding Platform Fees: Best Options for Podcast Donations and Premium Content
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)
Premium Content Tools
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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I Want Your Opinion
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In each issue of Podcasting Observations, I share my thoughts on what is happening in the podcasting space, my latest content, and things that have caught my eye. I also may ask for your opinion. Join the free community
Question of the Month: Podcasting Pet Peave
You're listening to a podcast, and someone does _______ and you just roll your eyes, maybe skip this episode, maybe unfollow. What is your top podcast pet peeve? Be sure to mention the name of your show, a little bit about it, and your website address (so I can link to it in the episode description). I need your answer by 2/21/25
00:00 - Untitled
00:21 - Untitled
00:21 - Introduction
01:15 - Opening
02:11 - The Satoshi Hiccup
03:59 - Patreon
05:42 - Setting Expectations
08:24 - Accepting Payments Only
13:07 - Selling Premium Content
19:41 - And the Winner Is...
21:31 - But if the Donation is Larger
25:06 - Pricing
26:05 - V4V Satoshi Thing
27:38 - Join the School of Podcasting
28:44 - PodIndy.com
29:10 - How to NOT Ask For Support
31:04 - 30% Taxes
32:06 - Evergreen Link
33:45 - Quick Summary
36:32 - QOTM
37:31 - Because of My Podcast
43:09 - Housekeeping
46:56 - Bloopers
