Ways to Monetize Your Podcast
There are three “lanes” for earning money from a podcast, and the smartest move is usually to start with the lanes that don’t require a huge audience. Lane 1: Get paid by platforms (built-in monetization) - Spotify Partner Program (ads + Premium video revenue where available): Spotify recently lowered eligibility to 3 published episodes, 1,000 engaged audience members (last 30 days), and 2,000 hours consumed (last 30 days) (in eligible markets). - Spotify Subscriptions: Requires hosting on Spotify for Creators, 2 published episodes, and 100 Spotify listeners in the last 60 days (plus availability in your region). - Apple Podcasts Subscriptions: You can sell paid subscriptions, but you need to join the Apple Podcasters Program (annual fee shown as $19.99 USD in the U.S.). - YouTube (video version of your podcast): YPP has a “starter” threshold (fan funding + some features) at 500 subs + 3 uploads/90 days + 3,000 watch hours (12 months) (or 3M Shorts views/90 days). Full ad revenue share unlocks at 1,000 subs + 4,000 watch hours (or 10M Shorts views/90 days). Lane 2: Sponsors + ads (classic podcast money) - Host-read sponsorships (you personally read the ad) usually pay by CPM (cost per 1,000 downloads). Many industry benchmarks put common ranges around $20–$25 CPM pre-roll and ~$25 CPM mid-roll, with variation by niche and show size. Quick math example (mid-roll):If you average 1,000 downloads/episode and sell 1 mid-roll at $25 CPM, that’s $25 per episode. If it’s 5,000 downloads, that’s 5 × $25 = $125 per episode. Reality check: sponsorships usually become easier when you have consistent downloads per episode and a clear audience niche. Lane 3: You sell something (fastest for smaller shows) This is the lane most newer podcasters can monetize right now, even with a small audience: - Affiliate links (Amazon, books, tools, teas, journals, etc.) - Your own digital products (printables, journals, guided audio, mini guides) - Coaching / services (1:1, workshops, consulting) - Membership/community (bonus episodes, lives, Q&A, private feed) - Speaking + events (virtual or local)