If you’re a podcaster looking to monetize your show, you may be wondering how much to charge for advertising on your podcast and what a good CPM is.
How Much are Podcast Ads?
According to the IAB Podcast Advertising Revenue Report, the average CPM for podcast advertising in the US is $25. However, some podcasts charge as much as $100 CPM or more, while others charge as little as $5 CPM.
What is a good CPM for your podcast?
Calculating the CPM depends on many factors including: the type of ad, length of the ad, audience size and engagement, demographics and more. However, a CPM of $25 or higher is generally considered good. If your podcast has a niche audience or high engagement rates, you may be able to charge more.
How to Monetize Your Podcast?
It’s important to note that you don’t have to go it alone when it comes to podcast advertising. There are several podcast advertising networks such as TheAdSide that can help you monetize your show. These networks connect you with advertisers and take a commission on the advertising revenue.
Looking for a podcast network with great CPM rates?
In addition to advertising, there are other ways to monetize your podcast, such as sponsorships, merchandise sales, and listener support. Sponsorships are similar to advertising, but they involve a deeper partnership between the sponsor and the podcaster. The sponsor may provide funding in exchange for the podcaster promoting their product or service over a longer period of time.
Merchandise sales are another popular way to monetize a podcast. Podcasters can sell branded merchandise such as t-shirts, hats, and stickers to their listeners. This can be a great way to build brand loyalty and generate additional revenue.
Lister Support (Crowdfunding)
Finally, listener support, such as crowdfunding or Patreon, can be a way for podcasters to monetize their show while also building a community around it. With listener support, listeners can donate money to the podcast in exchange for exclusive content or other perks.
In conclusion, podcast advertising can be a lucrative way to monetize your show. When determining how much to charge for advertising on your podcast, trust the experts at TheAdSide.