Podcasting is the method of distributing files, or information (Audio/Video) over the internet for the audience to listen or view. Often times Podcasters monetize their podcast by having advertisers sponsoring their show. But many Podcasters have difficulty monetizing there Podcast following the traditional advertising model.
This article talks about 5 reasons how Podcasters can monetize their podcast by transcribing.
Following are the top 5 Reasons to Transcribe your podcast and Monetize from them
1. Make your Podcast Transcripts available for SALE. Transcribe your Podcast and make it available for SALE. This way people who prefer to read (than to listen) can buy your Podcast transcript and read them at leisure.
2. Make your Podcast search engine (Google/Yahoo/Live) friendly and be more visible on the web by transcribing your Podcasts.
3. Millions of people speak English, but they don’t all speak the same English. English pronunciation is much different in different parts of the world; Cover broader audience by breaking the accent barrier, put it in text so anyone on the web from any part of the world can read them.
4. Not everyone can listen/hear (hearing impaired) your Podcast, transcribe your Podcast and make it available to those who much deserve.
5. Use formatted transcripts embedded with banner links and other marketing materials for advertising and monetizes your podcasts. This can be your second source of advertisement revenue other than your traditional podcast advertisement.
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