In the creator economy, the value of an audience is determined by the problems they need solved, not by their size; a small audience with significant needs can generate more revenue than a large audience without specific problems, making problem-solving content more profitable than mass appeal content.
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50 Fans Can Make More Than 100K ViewersAdded:
I've heard it said by many people, you don't monetize a podcast, you monetize an audience.
But they don't have value because of how many there are.
They have value because of what they need.
Let me be blunt.
You can have a small audience.
But if they've got a big problem, those two things lead to high revenue potential.
You can find money there.
But at the same time, you could have a large audience. I'm talking about huge audience.
But if they don't have a problem, you're not going to make any money.
And that's why what I said at the beginning, 500 listeners, dare I say 50 listeners, can outperform every single day 50,000 listeners or 100,000 listeners.
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