Do Podcasts pay guests appearance fee? | Techbieb
Do Podcasts pay guests appearance fee? | Step-by-step full guide
Podcast is a trending topic nowadays, someone either wants to host Podcast episodes or join other existing Podcast.
It’s not mandatory to charge an appearance fee for your Podcast.
I mean if your only purpose is to earn few bucks by guest charging then I can tell you there are multiple ways for making money from a Podcast without guest charge.
But, Yeah few Podcasters charge to appear on their show and get featured.
Do podcasts pay guests? The answer is both Yes and No.
There are multiple things involved in the case of a Podcast Guest charge, I’ll break all those down for you.
Why Podcasters charge Guests?
Have you launched your first ever Podcast Episode? If YES then you already know that it can’t be done by any single thing.
You’ll need multiple freemium(Free+Premium) tools and software to host your podcast. Like Audio editing, microphone, Podcast hosting platform(BuzzSprout), etc.
More precisely you need money to maintain Your Podcast.
So that’s why one charge guest who wants to appear in their show.
But if your only motive is to earn money by charging a fee then it might let you in trouble, because if you focus on that only you might not able to provide valuable content to your audiences.
Up to a certain level, it’s good to charge money to maintain the quality of your show as well as your income because after all, that’s your job to feed you.
What’s the problem in charging a Podcast Appearance fee?
As I have discussed earlier everything is good enough up to a certain limit.
If you get too inclined to guest charging without providing a valuable output to your audience that might fall you down soon.
Before having a new guest in your show, you should analyze their background and figure out how can they provide some value to you and your listeners.
In this way, if you find someone valuable then you can take your conversation forward.
In case of someone approaching to join you then also you can apply this rule.
If you allow someone in this way to be in your Podcast then there’s no problem in charging them few bucks.
How much money you can charge to appear in your Podcast?
See there’s no hard and fast rule to charge a specified amount as your Podcast appearance fee.
You can apply your own rule and also negotiation may come in between.
Analyze your competitor how much amount they are charging if they allow guests that can give you a rough idea about charging new guests.
Entrepreneur On Fire Podcast charges a fee of $3500 to appear on their show as a guest.
Both end benefits:
Inviting or having someone in your Show will not only let you earn money but also can benefit you in various ways. I’ll show you how !!!
Different backgrounds people have different types of experience and inspirational story. If they join you they can share their story that can contribute some value to your audience.
If the guest had a good fan following then it’s obvious they’ll watch your show and they can also be converted into a permanent subscriber to yours.
It’s a “win-win” method, if the guest promotes his/her brand, your audience can buy their product that means their WIN, and their audience can also be converted into your permanent subscriber and premium member means your WIN.
You’ll able to build a network with people from various backgrounds that help you go ahead and figure out while stuck into a serious problem.
Alternative ways to make money from Podcast without guest charge:
Though Guest charging can make you earn money, that’s not the only way to make money from a Podcast.
There are multiple profitable approaches to earn money from your Podcast. A few of those are:
- E-book: Offering a digital book to your audience in exchange for few dollars can make you able to earn money.
- Course: If you have a solid idea about any domain you can make video lectures on that topic and sell them as an online course.
- Affiliate Marketing: Any digital product has a higher affiliate commission rate as compared to physical products. Promote a relevant and useful service/product to gather some percentage of commission.
- Sponsorships: In case you have a large number of listeners many brands can sponsor you and you can charge a good amount of money to them.
- Marketing/Consulting: You have been in the Podcast field for a couple of years means you’ve acquired almost every possible knowledge regarding Podcasting. You can market your knowledge and consult with others to grow their brands through Podcasting. Probably this is the most profitable option.
Should you pay to be in someone’s Podcast?
As you’re planning for Podcast guest charging that means no exception for others too.
Before going to any paid podcast you just research them whether they are adding some value to subscribers or just chasing behind money from guest charge. If you got something relevant to you then definitely you can think of that.
You can also pull their traffic to your Podcast either way that may worth paying the appearance fee.
Also, many Podcasts offers free guest appearing in their Show, you can take advantage of that.
None can figure out whether you should be in a paid podcast or a free one, only you can by observing all the upsides and downsides to appear as a guest.
Why should someone pay you to join your Podcast?
That’s the most important question here. Why should someone pay to appear in your show as a guest
?
Well, there’re a bunch of reasons that’ll reflect why someone pays charge as a guest:
- Gain Subscribers: If someone joins as a guest and shares a piece of valuable knowledge with your audience then there is 75% chance they’ll check that guest’s content out. If he also creates great content then new visitors might be finished up by subscribing to him.
- Promotion: If one has created any products or services, they may promote those in your podcast and get a good conversion rate.
- Book: Suppose one listed his/her book on any e-commerce site and need to promote that book to maximize sales then they can break through few contents of that book in your show and an interested audience can buy that book.
- Sharing is caring: Not everyone joins the podcast as a guest to sell or promote something. There are a lot of people who wants to share their journey and inspirational story with millions. This medium can ease their purpose of spreading knowledge.
Conclusion:
So as far you’ve gone through all your doubts and hope I’ve cleared those all.
Do podcasts pay Guests
? The straightforward answer is YES if you/guest has a clear purpose of joining any paid Podcast and the answer is NO if you/guest knows that joining the podcast with a higher joining fee won’t add any extra benefits to you or your listeners.
That’s all. You can read why superjoepardo charge his guests.
Now let me know one response in the comment:
- Have you ever charged your guest? (YES/NO)
HAPPY PODCASTING ❤
