New Media Business Models
Back in June, I wrote a post about “10 Great Ways to Make Money Podcasting“. I thought it was worth revisiting given a recent post by David Sparks titled “9 Successful Techniques for Making Money from Podcasting“. David’s post is great because he provides good examples of people following the 9 business models he outlines.
To start, let’s compare the lists.
My List included
- Sell you content
- Donations
- Run ads within the podcast
- Promote a sponsor within your podcast
- Run ads on your webpage
- Sell your own product
- Sell professional services
- Sell training
- Affiliate sales
- Affiliate lead generation
David’s list included:
- Use a podcast network to get sponsors
- Get your own sponsors
- Beg for donations
- Give some away, sell the rest
- Partial show free, full show paid
- Build a network of programming and sell advertising
- Build your brand to sell your services
- Sell an iPhone app
- Integrate sponsorship with the show’s editorial
While number nine and two on the list seem to be the same thing, David’s list does add a few ideas to my list. I particularly like the addition of selling an iPhone app.
On the flip side, I think his list is pretty focused on advertising related business models and is really missing the most important opportunities for podcasters who want to make money – selling products and generating leads.
It was clear from the takeaways at the Blogworld Expo that this is the most successful way to make money, unless you have a really huge audience.
If you have other ideas for monetizing new media let me know.




