Are they successful in the short term, long term, and intermediate term, or is it just the short term? And how would you go about monetizing a podcasters forum? It gets to that 50. 00 10,000 listener level. Any replies are welcome
Deborah Pardes
@DBPardes · 1:36
Hey, Phil, just want to jump in here to thank you for those stats, staggering stats, and for this initiation of this conversation. I think making money in the podcasting world is parallel to making money in any area where there's a passion. And you decide to jump in and do it full time. And you have the same marketing challenges as any business. But sometimes people look at it differently than a business because it's full of passion
It probably doesn't include, I think the majority of podcasters, particularly regular, quote, unquote professional, independent podcasters who aren't part of some network or larger entity that podcasting is a tool, just like I think Swell is a tool, and they're using it as an ancillary product to their larger product. Anyhow interested in your thoughts? As always, Ciao
Swell Team
@Swell · 0:15
jack varnell
@emotionalorphan · 4:50
So those things being the case, my job is to create that audience and to build that audience by finding out what they need, what they want, and what drives them to where I am, and then use the tools that are at my disposal, like Swell or the podcasters forum, my YouTube videos, which are the video versions of the podcast and some of the more creative stuff, all the replications of same content on other formats like Spotify
Deborah Pardes
@DBPardes · 1:53
We lean into efficiencies of technology to help us do things as fast as we can so that our hours aren't crazy because you're doing content, you're doing audience development, you're doing production, you're doing all the stuff on the technical and the creative side and the execution. My question to you is when you think about your hours that you put into this and then you go ahead and put in a payment structure, first of all, what is that payment structure?
jack varnell
@emotionalorphan · 4:49
So that's how it all works for me. I know it's a really unique scenario. One I'm not afraid or bashful about. Talking about the system, the government, family relations, lots of entitlement and negative karmic issues that I just much rather have chosen or that I have chosen to not deal with my own personal life have kind of led me to a place where it's great to be in poverty because I still have a soul and so for that I appreciate life even all the better
Hey Phil, thank you so much for inviting me for this question. Yes, money, money. Don't we all want to make money? And not all of us manage it too, but we will get there. So when you telling me that and only 2% of podcasters are making money, I look at it that 100% of podcasters are passionate about podcasting and 98% is still at it in spite of not making money. Yes, there is light at the end of the tunnel
One of the biggest questions that I have as a new user on the Swell cast platform as a podcaster is if there are any opportunities to monetize using this app. And I understand the importance of or the ability to rather to repurpose the content, share it to my social media platforms and all of that that, however comma. I would definitely like to know if it's a possibility on Swellcast and if Swellcast offers any monetization for some of their higher performing podcasters
phil spade
@Phil · 0:44
Just to let you know, it is in the works. It is being done carefully, and we expect that to launch later this year. So thanks for the question. If you have any other questions, be happy to try and answer them, but that's what I know right now. Thank you