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    6 Strategies for Boosting Your Podcast Subscriber Base and Income

    SwankyadminBy SwankyadminAugust 10, 2024 Passive Income No Comments6 Mins Read
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    Opinions expressed by Entrepreneur contributors are their very own.

    One of many first guidelines of launching and growing a business is to keep away from overly saturated niches. For instance, as of early 2024, there have been 3.2 million energetic podcasts, so it may appear logical to run as quick as potential from this media.

    Fortunately, I’ve by no means accomplished something the traditional approach — I have been extra of a “throw spaghetti on the wall and see what sticks” sort of particular person. That is, partly, why I, together with Gillian Pensavalle, launched the podcast True Crime Obsessed. Regardless of the percentages, we’ve got managed to develop its paid subscriber base from 500 to 45,000.

    To me, that is proof sufficient that there’s area for brand spanking new creators. Moreover, and regardless of what some would possibly regard as market saturation, there is just one you who can share that distinctive voice with an viewers. I’ve discovered that there are alternatives to each create and enjoyment of genuine and engaged communities, alongside the way in which producing skilled credibility and doubtlessly appreciable earnings. It’s going to take onerous work, however following my six-step course of for enhancing your subscriber base and holding listeners coming again for extra will likely be a leg up.

    1. You do you, and solely you

    There could also be a number of million podcasters on the market, however none of them wield your mind — which is why it is so necessary to be authentic. It doesn’t matter what sort of fabric the present covers, it is important to deliver your background and expertise to the microphone.

    I knew from the outset that the true crime podcasting area of interest was insanely saturated (on Podchaser, there are not any fewer than 23,000 of them), however I jumped in anyway as a result of mine deviated from the normal. Reasonably than rehearsing or scripting issues the way in which many hosts do, “TCO” is solely me and Gillian having a spontaneous dialogue a couple of case after we have researched it.

    The lesson right here is that it is important to spend time reflecting in your abilities, background and expertise and apply them to provide one thing distinctive. Put merely, in a herd of horses, be the unicorn, and don’t fret an excessive amount of early on about your “voice.” That can come naturally.

    Associated: Listen to the Entrepreneur Weekly Podcast

    2. Who’re your individuals?

    No podcast can attraction to everybody, so do not attempt. As a substitute, concentrate on these inclined to gravitate in direction of your content material.

    It’s going to probably be difficult to determine these demographics at first. After I began TCO, our subscriber base (I desire to name them our “fam” as a result of they’re such an excellent group) grew naturally. Later, we started to select up on traits (our attraction among the many LGBTQIA+ group, for instance) after which lean into these areas.

    At first, you may not know your age, earnings and gender breakdowns, and that is completely wonderful. As a substitute, contemplate who these individuals actually are and what they care about. What are their social causes? What retains them up at night time? What do they dislike?

    Associated: How to Grow a Loyal Podcast Audience

    3. Discover a co-host and crew that expands worth

    It is at all times good to have individuals round who praise you, however much more necessary are those that complement you. The best co-host will spice issues up with one other viewpoint, and because the present grows, you may probably need to add much more crew members.

    The important thing components listed here are contrasting talent units. Gillian and I are capable of work harmoniously as a result of she’s brilliantly articulate, whereas I am a “reactor.” Whereas our talent units overlap, our conversational types distinction properly.

    As soon as you have discovered a possible co-host, do a few non-aired episodes collectively to see how issues go. You may instinctively comprehend it if there’s chemistry.

    4. Supply unique and compelling content material

    Crucial ingredient for constructing a subscriber base (and so earnings) is, not surprisingly, content material. It have to be merely irresistible — that is non-negotiable. And on high of this stellar content material it’s worthwhile to supply extra materials that is unique to subscribers. I’ve discovered that to be the simplest approach of turning informal listeners into superfans.

    Most true crime reveals supply one unique episode to paid subscribers per 30 days. I elected, nonetheless, to do an additional full-length bonus episode every week, which helped flip us right into a routine a part of subscribers’ lives. Another choice is to supply extra bonus content material for subscribers at completely different membership ranges.

    Associated: This Is the Winning Formula for Starting a Successful Podcast, According to a New Analysis

    5. Decide to your group

    Intrinsic in human nature is the necessity to belong and be surrounded by those that are like-minded. To really take a podcast to the subsequent stage, it is important to each construct an viewers and connect with them, in addition to present a discussion board for them to attach with one another. Listeners need greater than a one-hour episode; many need to work together with different listeners and chat, so we created a Fb group that permits for that.

    6. Show that you just’re human

    Digital communities are incredible, however you may additionally need to present marrow — poke your head into the true world at times. As an illustration, we seen TCO followers forming regional meetups, and so I started visiting them. Think about doing that and/or internet hosting reside reveals and meet-and-greets.

    When you’re busy constructing a fam, remember to proceed embracing authenticity. Keep energetic on social media accounts, and do not simply publish about podcast-related stuff. I like exhibiting my private aspect on Instagram, for instance — whether or not it is pics of me out and about or a video of myself geeking out over how I as soon as helped Taylor Swift not fall off the stage throughout a Saturday Evening Dwell broadcast. (Sure, that occurred!)

    Associated: Entrepreneur’s Roundup of Recommended Podcasts

    These steps can assist you attain podcasting success, however remember that often getting uncomfortable is an extra and indispensable a part of the journey. I consider that failure is one thing to be valued. In case you failed, it means you tried — took an opportunity and confirmed up for your self.

    So do not be afraid to throw spaghetti on the wall and see what sticks.

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