Podcasting can be defined as a way of sharing audio or video media format through RSS syndications for your blog. People subscribed to RSS feeds can download and listen to your media files on their personal audio or video players such as mobile or personal computer or PDAs. Famous Podcast services are iTunes and CastPodder.

Videoblogging and Podcasting is the next big thing happening at the moment and holds great potential to be money-spinner in the near future for website and blog owners.

Bloggeres who use Wordpress as their blogging platform can install the software and instantly start podcasting from their blog. All you need to do is link your favorite audio or video media file in your post and wordpress will automatically add this to your RSS feeds more specifically Rss 2 enclosure feeds, available for subscribers.

There are many plug-ins available as well, if you are not satisfied with the default feature, such as WP-iPodCatter to create valid feeds for iTunes podcast directory or SmartCastTM from Feedburner.com.

Following are the steps to create your own prodcast:

1) Create a music file of your choice with various softwares such as wavepad for Windows or Audacity for Mac OS.

2) Upload your music file (mp3 most often) on your hosting server.

3) Create a post and add the link to your music file (URL).

4) Hit the Publish button and pray to god everything goes fine! This is called Podcasting.

5) Promote your blog and RSS feeds

If you are a regular podcaster, you can very well create a new category through your admin specifically for podcast so that every time you add a new post, you can assign it to this category. This way all your posts will be under a single category and it wil be easy to promote this category's Rss feed.