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How to Best Promote a New Podcast for Maximum Reach?

I recently launched a weekly podcast with new episodes each Thursday. I'm currently running small ad campaigns on Spotify and Podcast Addict, getting a 2.2% CTR on Spotify so far.

While it's a start, I know I need to scale my marketing to grow listenership. What have others found to be the best channels and tactics to promote a new podcast? Should I focus spend on certain platforms over others? Experiment with cross-channel funnels?

Any advice on high ROI approaches, ideal budgets, or creative strategies? Especially interested in methods beyond the standard podcast/streaming ads. My goal is to maximize reach and subscriptions cost-effectively as I continue producing regular content.