Since we released one of our most watched videos of showing people how they can start
a podcast using the Anchor App. We have gotten a ton of questions from podcasters about how
they can start making money with their podcast. Yes. And we haven't had an easy answer to that
until now. Spotify has launched its podcast subscriptions feature for those of us in the U S
and it's going to open that up internationally after September 15th.
So now listeners can support podcast creators by simply clicking a link on Spotify. Once listeners
unlock their subscription, they'll be able to access bonus episodes that podcasters create.
So in this video, we're going to answer all of the questions you might have about
Spotify Podcast Subscriptions and get you set up so that you can start making money with it.
So are you ready? I am. Let's make some cash with our content.
So here at the Pod Sound School we're very excited about these features,
especially for those of you who relentlessly have been working
so hard publishing episodes week by week and putting in the hard work. Yeah. We understand
that it's a labor of love and a true act of service that you do for your listeners.
And it's time that you start being compensated for all of your hard work and dedication. Also,
chances are that your listeners want to support you and they want to show their
love and commitment with your show. So this feature makes it very easy for them to do so.
Spotify announced in April that it was going to launch it subscription program,
but only now is it available in the U S and soon to be available internet?
And it's really awesome. And I know you may have a lot of questions. You
may be wondering if you're eligible, how it works and to worry, we have all the answers.
And at the end of the video, rum is gonna walk us. Step-by-step
how easy it is to set up your podcast versus no, you do it. I'm not going to do it.
I am not good for the voiceover. And they tell you to do the voiceover.
But let's get to answering your questions. And also you can hover over the progress bar at the
bottom of this video, where we have timestamps of each of the questions. You'll also find that
in the description box below this video. So you can just skip ahead to a certain question.
You, so question number one. How has Spotify subscriptions Steve frame from apple podcast
subscription? Okay. Well, the pro of apple versus Spotify is on apple. There's actually
just a button that was subscribed them to it right there on Spotify. They have
to click on a link, which brings them to your anchor page, where they can subscribe there.
Really though. It's still very easy, especially if you compare it to like
Patrion and things like that, how easy it is to get your subscriber
to become a subscriber right on their phone. They can pay with Google pay or type in a credit card
number right on their phone. Many people have their credit card numbers saved to their phone.
So really that's not that much different now where I think apple isn't as good as Spotify
is apple takes 30% right off the bat of all of your earnings, which is pretty steep.
Spotify doesn't take anything for the first couple of weeks. Also Spotify
provides a private RSS feed for the podcast creators, which is something apple doesn't do.
Wait a minute. So to Steve, once an artist, his feet, wait a minute studio. Steve wants
a private RSS feed, but wait a minute, studio, Steve. What's a private RSS feed.
I don't know how to be natural. Like, wait a minute. What's a private Saki. Wait,
and you don't have to say so you just want me to use your tone? No,
no. Use your tone. What's a private RSS fee. Private artist. Speed is just a private link
that you can share with your listeners. They can copy and paste that in any podcast platform.
You may be familiar with this. If you're already using a crowdfunding source like Patrion, and
it can be a little bit of explaining as far as getting your listeners to know how to copy and
paste that. But it's what has been being done thus far. And it's really cool because with Spotify now
you can actually, people can support you, but they can still continue to listen on apple podcasts or
overcast or Castbox or any, anywhere they listen to their podcasts on their app of choice.
And the last thing that I think is the biggest difference between Spotify and
apple subscriptions is that Spotify is going to provide information about the listener
or the subscriber. And that's something that apple doesn't. And that was kind of a bummer
because when somebody supporting our shows, we want to have that contact with that person.
We want to send an email saying, thank you. We want to include them in the difference. Um,
events and things that we do for our podcast. And that wasn't a possibility
with apple. Yeah. So there was no like continual marketing that you can do
or nourishing the relationship or even knowing who the person is.
So that's a really cool thing that Spotify, no, and maybe good for people who like the,
um, Anonymity anonymity, anonymity, and they want to support you, but they don't want you to
know who they are, uh, that the bad can be a good thing. It's still an option with Spotify though.
So with Spotify, they don't have to provide their email address, but if they decide to
provide their email address, cause they love you, then you can invite them to events.
This is all things you can say in your episode content or in the notes. Like you can even leave
a message when you set up your account, uh, for subscriptions on Spotify, you could leave
a message and say, if you would like to receive invites to our special events, or if you want
to be invited into our inner circle, make sure that you give us your email address right there.
So that there's just a lot more great features. Question number two,
do I need a certain amount of downloads or an audience size? And the answer is no other
feature is available for all creators. No matter the size of their audience. Question number three,
can I set up and manage my podcast subscriptions using the anchor mobile app?
And the answer to this question is no, you will need a web browser to log into your account and
set up podcast subscriptions. However, Eve you don't have that. Do you have a computer?
You can use a web browser on your phone. And question number four is, can I use my music
and talk episodes or my M and T episodes on Spotify as bonus content for my listeners?
The answer to that is no, maybe you don't know what an M and T or a music and talk
episode is. Veronica did a really cool video about it that you can check out right here.
All about how you can make a music and talk podcast on Spotify, but you can't use those
as bonuses. And a fifth question is can I also have listener support and listener support?
If you're unfamiliar with that is something you can enable on your anchor account or on
your podcast, which allows people to give you a little tip. We're a pro Bina for your
hard work. Uh, but you can't have both. At least currently enabled at the same time.
And question number six, can I use this tool if I'm not hosting my podcast on anchor?
And the answer is no, these feature is only available for those who host
our podcasts on anchor. And if this feature is making you like incur even
more and you're considering migrating your podcasts from your current podcast hosts
to anchor. Stay tuned and make sure you subscribe to our channel
because we'll be releasing videos about how to migrate your podcasts and question number seven.
Are there any fees so currently, and for now, Spotify doesn't take
any. There are however, transactional fees and taxes and question number eight.
How does it look from the listener's perspective? Well, let me show you.
And question number nine. How do I get people to subscribe? And the answer to this is your
content. It all comes down to the quality of your content and how you get creative
to incentivize people. We'll just subscribe to your paid content. Yes. I love that. We're
always looking for ways to improve our shows, but specifically to answer this question is.
Practical things you want to make sure to do
to facilitate that, uh, making that subscription process easier, like including the link that
Spotify gives you in your episode, in every single episodes description, even the free episodes
and talking about it in the content like Veronica was saying of your show.
So actually inside your podcast, when you're talking right into your script,
I also offer. You know, bonus episodes and then finally getting really creative about something
different types of content you could make. Um, but the other thing to think about here is to check
in with your workload and to be cautious about offering something that you don't actually have
the time to deliver on because once people start giving you money every month, it's a commitment.
So. A very easy thing to do a good idea to get started with would be to have
just like raw unedited episodes or Q and A's or something that doesn't take you a lot of time,
uh, less preparation time than maybe a real podcast episode and no editing time. Yeah.
So there's something. Yeah. Pump out on a regular basis that your super fans would really enjoy it.
Yeah. Something that is easy for you to produce. Also make sure that you're clear
with what you're offering. So people know what they're subscribing to.
Don't promise the sun and the moon, and then deliver only the class. I don't
know if that's the same as it is now. And a question number 10. Is it easy to set up?
Yes, it's pretty easy. As we promised at the beginning of the video,
we're going to show you how you can set it up to.
and that's it. Answer your question, leave it here as a comment right. Where you're watching
this video and we'll get back to you. Also make sure you say hide on social media, where you can
find us on Instagram and Twitter pod sound school. And before you go to things, it be Vanessa Lateria
and don't forget to subscribe and like this video, happy Casamigos.