How does the Spotify podcast platform work? And understanding those differences is key to deciding which platform is best for you. Spotify podcasts, the approach is vastly different. But a more important distinction is the long-term potential to transform your podcast into recurring income and using it as a stepping stone to create multiple income streams with a library of digital products - we’ll say it again: multiple income streams. What could the two possibly have in common? Both allow you to treat your podcast as a digital product. Spotify is a streaming service, and Kajabi is a knowledge commerce platform. On the surface, the two platforms couldn’t seem more different. To explain what we mean, let’s break down how Spotify compares to Kajabi. But, Spotify has limited tools when it comes to building and supporting your knowledge business as a whole. You may be reading this thinking, “Sounds great!”. And creators can create a more stable source of revenue while engaging deeply with loyal fans. With this move, listeners can access subscriber-only content and directly support their favorite creators. Listeners subscribe to their favorite Spotify podcast individually, with payments renewing at the end of the subscription period. At Spotify, podcast subscriptions are independent from Spotify Premium subscriptions. And in April of 2021, Spotify announced that they were going to offer paid subscriptions for creators who use Spotify to host their podcasts. Subscriber-only content is one of the best ways to monetize your digital content as a podcaster. And for that, they’re creating private podcasts that are only available to people who pay for a subscription.
However, podcasters are looking for ways to monetize their shows. While it was originally designed to help music artists get discovered, Spotify is also now trying to support podcasters. Spotify is one of the top audio streaming platforms, with more than 389 million listeners across 187 markets worldwide. Keep reading as we compare one of the biggest streaming services out there to Kajabi so you know which platform is best for earning revenue and marketing your podcast - we promise you won’t want to miss this.
We’ve all heard and used the big podcast streaming services such as Spotify, Apple Podcasts, and even iHeartRadio - but are they built to deliver on an efficient growth model for your business? Today we’re talking about Spotify. Every podcaster wants to reach the maximum number of listeners while growing and amplifying their brand. If you’re a current podcaster or are starting an independent podcast, you know the platform you choose will ultimately determine what features you can use and how far your reach will extend.
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