448. Why Most Podcasters Are Pricing Sponsorships Wrong
Do you really need massive download numbers to earn an income in podcasting? Today, we’re digging into the mailbag to answer listener questions that get to the heart of how podcasts actually grow and earn. We start with a smart question about marketing your back catalog and why older episodes can still work for your show long after they’re published. That conversation opens the door to discussion on podcast sponsorships. Co-host Sid breaks down how independent podcasters can think about pricing in a way that makes sense for smaller, loyal audiences. Instead of chasing download counts or copying what big shows do, we talk about understanding your costs, the value of your audience, and why monetization is something you build toward over time. This doesn’t happen overnight, and it's part of the process. If you’re an indie podcaster trying to figure out what sponsorships could look like for your show, this episode offers an intentional way to think about value and long-term sustainability.
Episode Highlights:
[03:41] Breaking news on the Substack data breach
[05:21] Password security tips and best practices
[09:32] Marketing your podcast’s back catalog
[27:43] Analyzing data in Apple Podcasts Connect
[29:49] The Wheel of Jargon: understanding podcast terms
[32:21] Understanding shadow banning on social media
[38:09] Deciding sponsorship rates for your podcast
[39:04] Sid’s sponsorship strategy and real-world success
[43:38] Understanding the value of your podcast audience
Links & Resources:
The Podcasting Morning Chat:
Join The Empowered Podcasting Facebook Group:
www.facebook.com/groups/empoweredpodcasting
Application To Submit Your Show For Evaluation:
Book A Free Call With Me:
https://calendly.com/ironickmedia/freestrategycall
The Trend Report with Sid Meadows:
https://www.sidmeadows.com/podcast
Remember to rate, follow, share, and review our podcast. Your support helps us grow and bring valuable content to the podcasting community.
Join us LIVE every weekday morning at 7 am ET (US) on Clubhouse: https://www.clubhouse.com/house/empowered-podcasting-e6nlrk0w
Live on YouTube: https://youtube.com/@marcronick
Brought to you by iRonickMedia.com
Please note that some links may be affiliate links, which support the hosts of the PMC. Thank you!
--- Send in your mailbag question at: https://www.podpage.com/pmc/contact/ or marc@ironickmedia.com
Want to be a guest on The Podcasting Morning Chat? Send me a message on PodMatch, here:
https://www.podmatch.com/hostdetailpreview/1729879899384520035bad21b
00:00:05,280 --> 00:00:07,160
Good morning, podcasting,
morning Chat.
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00:00:07,440 --> 00:00:11,720
Today is Thursday, February 5th,
2020.
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00:00:11,720 --> 00:00:15,240
Sixth and today listener Mailbag
time.
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00:00:15,240 --> 00:00:18,400
We're answering your questions
on marketing, your back catalog,
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00:00:18,560 --> 00:00:21,720
how podcasters really price
sponsorships, and handling
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00:00:21,720 --> 00:00:24,480
hateful comments without losing
your mind.
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00:00:25,960 --> 00:00:28,520
So if you're listening live on
Clubhouse, hit the share button,
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00:00:28,640 --> 00:00:30,600
bottom left hand side of the
screen and share it.
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00:00:30,600 --> 00:00:33,400
However Clubhouse lets you.
And if you're catching us via
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00:00:33,400 --> 00:00:36,440
podcast, YouTube, LinkedIn,
etcetera, please share this
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00:00:36,440 --> 00:00:41,040
episode with a fellow podcaster.
And now give us about 30 seconds
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00:00:41,040 --> 00:00:44,160
and we'll get things rolling.
Thanks for being here.
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Good morning again podcasting,
Morning Chat.
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00:01:22,910 --> 00:01:26,550
Thanks so much for being here.
I am your host Mark Ronick and
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00:01:26,550 --> 00:01:31,030
currently on stage with me we
have producer Ashley Feller,
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Ralph Estep, Dr. Fay, BC
Babbles, Nick Naulback, Jonathan
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00:01:36,030 --> 00:01:40,040
Howard and Sid Meadows.
And if you'd like to learn more
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00:01:40,040 --> 00:01:44,160
about those fine people, please
go to podcastingmorningchat.com.
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00:01:44,480 --> 00:01:47,320
Go to the about section and
Scroll down and you will see
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00:01:47,320 --> 00:01:51,480
everyone's lovely faces, BIOS,
links to connect with them,
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00:01:51,520 --> 00:01:54,360
etcetera.
So come check them out and that
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00:01:54,360 --> 00:01:56,360
includes yours truly.
So if you want to learn more
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00:01:56,360 --> 00:02:00,160
about me, what I do, helping
podcasters everyday, you can go
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00:02:00,160 --> 00:02:03,040
there and learn more about me as
well.
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00:02:03,440 --> 00:02:08,199
Today it's the mailbag segment,
as I said, and I am currently
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00:02:08,240 --> 00:02:13,160
reaching for my fake mail.
I say fake mail 'cause I don't
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it's not actually paper mail
here that I have, but it's.
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So I just use papers to create
some sound effects doing it old
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school not no, no buttons to
press.
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I'm just doing that when I reach
into the mailbag.
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A Foley artist.
Yes, exactly.
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I say we get right to it.
I feel like there was something
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I wanted to share.
Well, I'll share this one thing
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with you real quick.
Yesterday I sat down with Ralph.
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Ralph and I are going to work
together.
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He's going to help me get my
finances in better shape for my
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business.
I've just been in need of
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somebody like Ralph for a while
because I feel a little
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disorganized and I'm not, I'm
not really connecting with my
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finances the way an entrepreneur
should.
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And I think that's probably at
Ralph.
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You can probably attest it's
probably very common for content
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creators to kind of either avoid
their finances or or at least
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just don't like dealing with
them.
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Absolutely.
I call it the content creator
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money chaos, and there's a lot
of people that live in that.
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And don't forget Mark, I have a
little bit of a breaking news
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item I wanted to bring up.
Today that was what it was.
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Thank you.
See that it the my intuition was
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saying go to Ralph and I forgot
what it was, but there it is.
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So yeah, Ralph, do you want to
here, I'll even we got some
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breaking news from Ralph.
So yeah, take it away, Ralph.
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I do, and I was talking about
Sub Stack yesterday and that's
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why I wanted to bring this up
today.
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There's been a breaking news
item out of the content creator
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economy today.
And what we're talking about
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here and now, this is not a red
alert.
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This is maybe a yellow alert.
But Sub Stack, the newsletter
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and publishing platform used by
hundreds of thousands of writers
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and craters, has disclosed a
data breach.
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Now, none of us are unfamiliar
with these, but it's affected
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user contact information.
Now, according to reports, an
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author, an unauthorized third
party accessed e-mail addresses,
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phone numbers and other non
financial account data.
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Now what they're telling us is
passwords, credit card numbers
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and financial information were
not accessed.
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Now I'm going to quote CEO Chris
Best says this sucks.
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I'm sorry.
We will work very hard to make
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sure it does not happen again.
Now here's why I want to bring
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this up.
The big take away here today, if
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you or your audience are using
sub stack or similar platforms,
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this is a time radar up.
Be extra cautious about
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unexpected emails or texts.
The main thing I'm looking for
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here is anything that looks like
a verify your account or reset
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your password type message.
This is where scammers use this
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information for what they call
fishing.
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And this isn't the kind of
fishing you go do down by the
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lake.
This is fishing for information.
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So if you're a creator or
subscriber, this is a great time
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to consider tightening up your
account security with strong
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passwords, hint, hint multi
factor authentication across
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platforms.
And because I talked about this
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yesterday, I want to bring this
up today.
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We're going to keep on, we'll
keep on track of this as the
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story develops, but for now, the
subset data breach update.
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So stay safe online and and
thank you so much for letting me
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bring that up, Mark.
Yeah, thank you for bringing it
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up, Ralph.
Really important.
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That reminds me also, at least
for those of you who have
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iPhones, sorry Nick and Dr., but
I'm sure your Android probably
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has something similar.
I there's a password security
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category in your settings and it
actually tells you if any of
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your different accounts with
different services have been
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compromised, right?
Like data breaches and whatnot.
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So even that might even include
Google, your Gmail, right?
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And I went in there and it was
startling to see how many of my
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different accounts have been
compromised.
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So I am slowly just, you know,
little chunks at a time going
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through each one of them.
I think I had over 100 different
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accounts that have been
compromised.
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So that's a fair warning to you.
Maybe you want to go check that
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out, change some passwords to
keep all of your information,
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data, etcetera, secure.
So thank you again, Ralph, for
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bringing that up.
I wanted to just mention on this
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also that this actually happened
October of last year, October of
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last year and they just found it
recently.
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So you may have already gotten
that, you know, please verify
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kind of cool stuff kind of
e-mail interesting.
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I think I have actually gotten
that and I just pass it up.
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My my little trick is I hit the
reply button and I see where
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it's going and normally it's
like, you know, some
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gobbledygook and I'm like, no,
this is definitely not it.
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So it got to go.
Yeah.
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All right.
Thank you.
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Dr. and BC wants to chime in.
Go ahead BC.
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Good morning.
Yeah.
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Do we know this was singular in
the fact that it happened and
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ended in October, or was there
any kind of like progression
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after the initial incident?
I hopped on the week of
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Thanksgiving this past year so
I'm a little like, did I miss it
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or was I still susceptible to
it?
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Any idea Ralph?
BC the way that it's phrased in
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the article is that there was a
third party that was able to
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exploit a vulnerability.
So my suspicion based on that is
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there was an open vulnerability
that goes back to October when
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it started.
It's probably something changed
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and the way I read the article
is it was just plugged up in the
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last few days.
So my suspicion is there was and
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listen, I don't know the
specifics of this.
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I'm not throwing sub stack under
the bus, but I just felt like
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this was an important thing
because I love it.
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Dr. is 100% correct.
This happened in October.
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That's the problem with these
things is these these things get
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exploited months ago.
Maybe even you know, longer than
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that.
And it just the big take away
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today the reinforcement is multi
factor authentication.
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Don't use password 1234 bad
plan.
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Change your passwords by
platform, Have different
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00:08:23,680 --> 00:08:26,440
passwords by platform.
I use a something called
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LastPass.
I'm not trying to sell that
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here, but having those things in
place.
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But BC my understanding of
reading these couple articles is
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that there was a vulnerability
that was just plugged up.
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So if you were using this then I
suspect that that was something
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that had been going on for some
time.
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Gotcha.
I think Jonathan wants to chime
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in.
Go ahead, Jonathan.
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I was just going to say Mark,
the first time I looked at my
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Apple password things, I almost
fell out of my desk chair.
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Oh, yeah, it was a little
startling and a little
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overwhelming now, too, to have
to deal with all that.
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It's good.
That feels very time consuming.
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00:09:01,440 --> 00:09:04,520
So like I said, I'm trying to do
it in little bite sizes, even
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00:09:04,520 --> 00:09:07,080
though there's certainly an
urgency there.
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All right, thank you, Ralph.
Now let me get the mailbag open.
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I think Alex was going to try
chime in too.
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Oh yeah, I feel like we've we've
done this.
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Alex, anything massively
important you want to add?
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No, I just use my password as
password so I don't.
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Know what the problem is?
That should be very secure.
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00:09:24,280 --> 00:09:26,840
Yes, password.
I try to at least add the number
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one next to password when I'm
doing it.
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00:09:29,640 --> 00:09:31,960
All right, so here's what we're
going to do with the mailbag.
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00:09:31,960 --> 00:09:37,520
Actually, we've got a real life
person to ask and share the
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first topic of the morning and
that's our good friend Sid
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00:09:41,120 --> 00:09:43,440
Meadows.
So Sid, please share.
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00:09:43,760 --> 00:09:45,120
Good morning.
Yeah.
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Good morning, everybody.
I end up with a lot of podcast
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questions on a regular basis.
We've made it over the hurdle of
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getting Episode 1 launched for
Season 7, which is great.
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And so we've gone back and now
we're starting to analyze our
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analytics so that we figure out
what to share with our sponsors.
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And one of the things that we
did, and I shout out to Simona
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for sharing the spreadsheet with
me, it's a spreadsheet about
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00:10:09,960 --> 00:10:14,480
quick, you know, quick look at
your quarterly analytics, but
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it's total downloads.
So we went back to January 2023
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and we researched and got the
total number of downloads per
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month for the full year for
23/24/25 and now we're capturing
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them for 2026.
So we got to 2026 and we were
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like, wow, we had 658 downloads
during the month of 2026
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compared to 79 in the month of
January in 2025, which is a 88%
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00:10:49,560 --> 00:10:52,480
increase in plays of the
podcast.
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So I'm like, OK, this is great,
but what episodes were they
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listening to?
So I went into bus route.
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I couldn't, I could do the
custom date range.
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I couldn't do was see what
episodes were there.
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So I reached out to bus route
help desk, which is really
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amazing.
And they sent me a custom URL
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with my show in it that would
allow me to see the episodes
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that were played during the
month.
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00:11:18,080 --> 00:11:20,880
I'm looking for a trend here.
Like what?
192
00:11:20,880 --> 00:11:22,280
What is it that they're
listening to?
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00:11:22,280 --> 00:11:24,600
Why are they listening?
Can we get the more of that?
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00:11:24,600 --> 00:11:26,160
Like I'm that's how my brain is
thinking.
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00:11:27,000 --> 00:11:30,480
And because data can certainly
inform decisions and I was
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00:11:30,480 --> 00:11:34,120
shocked.
Of the 658, a hundred of them
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00:11:34,120 --> 00:11:36,120
were from the the trailer
episode.
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00:11:36,520 --> 00:11:42,680
The rest of them, which would be
558, came from 165 different
199
00:11:42,760 --> 00:11:48,120
episodes.
And I went, wow, the back
200
00:11:48,120 --> 00:11:50,720
catalog, people are listening.
People went all the way back to
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00:11:50,720 --> 00:11:54,600
like the original trailer to the
episodes in the first season,
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00:11:54,600 --> 00:11:56,840
which is like, kills me that we
went that far back.
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00:11:57,520 --> 00:12:00,280
But then they got me thinking
like, OK, you have a back
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00:12:00,280 --> 00:12:04,560
catalog of content.
And I had a tremendous amount of
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00:12:04,560 --> 00:12:08,560
people discover my show, listen
to a variety of different
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00:12:08,560 --> 00:12:12,480
episodes.
How can I better market the back
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00:12:12,480 --> 00:12:14,440
catalog?
Because in my marketing, I'm
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00:12:14,440 --> 00:12:16,800
going to imagine in a lot of
people's marketing, they think
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00:12:17,040 --> 00:12:19,200
forward to what's right in front
of them, which is the most
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current episode.
So my question is, how can you
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best market your back catalog to
increase your reach, to increase
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00:12:26,600 --> 00:12:29,440
your exposure, to increase your
downloads that's more than your
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most current episode?
Sorry, that was a long question
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mark.
And important to get the back
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story too.
Yeah, I'm sure there's I have
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00:12:36,560 --> 00:12:39,760
several thoughts and I'm curious
what others are thinking as
217
00:12:39,760 --> 00:12:42,000
well.
So again, the question, I'll
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00:12:42,000 --> 00:12:43,800
rephrase it a little bit for
everybody.
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Are you marketing your back
catalog of podcast episodes?
220
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And if so, how?
And if not, how could we be
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marketing our older episodes?
All right, so let's go to Alex,
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00:12:56,200 --> 00:12:57,640
and then we'll check in with
Ralph.
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00:12:57,640 --> 00:12:58,640
Go ahead, Alex.
Good morning.
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00:12:58,840 --> 00:13:03,000
Hey, First off, you can always
talk about the other episodes
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and refer to them, but the main
thing is re edit it and then
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just relaunch the episode if
it's a specific topic that you
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want to bring forward that
you're looking for.
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The other thing that I love to
do if you are on YouTube is
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having a playlist because people
love to just go to the next one.
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00:13:23,960 --> 00:13:26,400
Even if you, you know,
remastered, if you, I forget
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00:13:26,400 --> 00:13:29,680
what you want to call it, but
and then relaunch the episode,
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you'll end up getting some more
hits.
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And then from that, they may
want to talk about that topic.
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Like if you want to do like some
reflection set, like you had a
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guest that you had three years
ago and you're like, things have
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00:13:40,360 --> 00:13:42,960
changed in the industry or
whatever else and you wanted to
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00:13:42,960 --> 00:13:45,680
put a little intro into it.
Hey, this is what's happened.
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00:13:45,720 --> 00:13:47,320
Let's take a look back kind of
thing.
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00:13:47,520 --> 00:13:49,040
That might be a good way of
doing it.
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00:13:49,680 --> 00:13:51,200
Interesting.
Yeah, cool approach.
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00:13:51,200 --> 00:13:55,240
That's something probably not
quite what Sid was thinking
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00:13:55,240 --> 00:13:58,840
about, 'cause I my guess is Sid
is thinking about just literally
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00:13:58,840 --> 00:14:03,360
those old episodes that still
live on his RSS feed, still
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00:14:03,360 --> 00:14:06,760
lives on all the platforms.
How do we specifically get
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00:14:06,760 --> 00:14:09,200
people to go back to those?
But this?
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00:14:09,200 --> 00:14:13,040
But that's a really good
strategy as well, yeah, to
247
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republish old episodes and maybe
edit them a little bit with a
248
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little bit of a spin to it, you
know, make it a little bit
249
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different.
But yeah, I think that that can
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00:14:22,040 --> 00:14:24,240
work really well.
And maybe one way to make it a
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00:14:24,240 --> 00:14:28,240
little different is just to re
record a new intro or record a
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00:14:28,240 --> 00:14:32,360
new intro all together and say
why you're re releasing this
253
00:14:32,360 --> 00:14:34,840
episode.
What's what's so important about
254
00:14:34,840 --> 00:14:36,560
it that you want to re release
it again?
255
00:14:37,120 --> 00:14:39,880
Yeah, absolutely.
I'm going to go to Ralph 1st and
256
00:14:39,880 --> 00:14:41,360
then I think Ashley had
something.
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00:14:41,400 --> 00:14:43,600
Go ahead, Ralph.
Sid, I had a question for you.
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00:14:43,600 --> 00:14:47,960
When you looked at the data, was
it multiple downloads of all the
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00:14:47,960 --> 00:14:51,440
items in your back catalog or
was it just one of each one?
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00:14:51,440 --> 00:14:52,720
What?
What did you actually see?
261
00:14:52,720 --> 00:14:55,640
Because I'm interested in that
because I've seen something
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where these AI bots are now
going through podcast episodes
263
00:15:00,200 --> 00:15:03,080
and they're bringing all that
information into the AI.
264
00:15:03,160 --> 00:15:05,280
And I was just wondering, did
they give you data to show?
265
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Was there a multiple number of
downloads per episode, or was it
266
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just one per each episode going
backwards?
267
00:15:11,640 --> 00:15:14,120
Yeah, Rob, Wendy, they gave me
the custom URL.
268
00:15:14,120 --> 00:15:15,280
Great question to you, by the
way.
269
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It showed me what episode and
how many plays per episode.
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00:15:20,000 --> 00:15:23,840
And I'm going to say the first
100 on the list had multiple
271
00:15:23,840 --> 00:15:26,400
plays.
The first ten were, you know,
272
00:15:26,400 --> 00:15:31,760
20-30, forty different plays.
Then the last 60, whatever were
273
00:15:31,760 --> 00:15:35,440
one each, which is, you know,
also maybe a little bit of
274
00:15:35,440 --> 00:15:37,280
discovery.
Because as I was listening to
275
00:15:37,320 --> 00:15:40,440
Alex talk and thinking about
this, one of the things I
276
00:15:40,440 --> 00:15:45,080
realized just now is that in
December we changed a lot about
277
00:15:45,080 --> 00:15:47,600
the podcast.
We went in and updated the about
278
00:15:47,600 --> 00:15:50,200
section of the podcast.
We updated the footer of the
279
00:15:50,200 --> 00:15:55,040
podcast, which went across all
of the episodes we included and
280
00:15:55,040 --> 00:15:58,920
updated all of our keywords.
So this may be leaning towards
281
00:15:58,920 --> 00:16:01,600
being discovered based on some
of the things, the marketing
282
00:16:01,600 --> 00:16:04,360
things we did prior to the
launch of this season.
283
00:16:04,360 --> 00:16:07,440
So that's very possible that
some of this is impacted by
284
00:16:07,440 --> 00:16:09,080
that.
I think that's great.
285
00:16:09,080 --> 00:16:10,600
So I'm glad that they gave you
that data.
286
00:16:10,600 --> 00:16:14,120
The thing that I would add to
it, Alex said is go and look at
287
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the subject matter of the ones
that were getting replayed and
288
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think about a different angle of
what you could use that because
289
00:16:20,800 --> 00:16:24,200
if you find that the audience is
keyed into something, you might
290
00:16:24,200 --> 00:16:25,960
not record the same thing over
again.
291
00:16:25,960 --> 00:16:28,320
But you can say, let me take
this and and tweak it a little
292
00:16:28,320 --> 00:16:29,520
bit.
Let me take a different angle.
293
00:16:29,520 --> 00:16:32,880
And that I do that on my show,
having hit 1000 episodes a
294
00:16:32,880 --> 00:16:35,760
couple weeks ago, I'm always
looking for something else.
295
00:16:35,760 --> 00:16:38,240
And I go back into my back
catalog and say, OK, what
296
00:16:38,320 --> 00:16:42,160
landed, what didn't land?
What could I say that reinforces
297
00:16:42,160 --> 00:16:44,400
that, but maybe adds a little
different spin to it.
298
00:16:44,400 --> 00:16:46,720
So congratulations, by the way,
said that's awesome.
299
00:16:46,960 --> 00:16:48,960
Because what that's telling you
is the things that you're
300
00:16:48,960 --> 00:16:52,440
changing are making a dynamic
impact on your audience.
301
00:16:52,440 --> 00:16:55,240
So congratulations.
Agreed, and I'm going to go to
302
00:16:55,240 --> 00:16:57,480
Ashley in just a moment.
I wanted to also.
303
00:16:57,480 --> 00:17:01,960
I was thinking more about what
Alex was suggesting, and that
304
00:17:01,960 --> 00:17:07,119
reminded me of a strategy that I
often share with my clients at
305
00:17:07,119 --> 00:17:11,079
Ironic Media, what we'd tell
them if they really want to get
306
00:17:11,079 --> 00:17:14,880
those old episodes out there,
get more people to watch or
307
00:17:14,880 --> 00:17:18,000
listen.
I often suggest you don't have
308
00:17:18,000 --> 00:17:19,880
to necessarily repost the
episode.
309
00:17:19,920 --> 00:17:24,160
Repost the social media content
that you've you used that's
310
00:17:24,160 --> 00:17:28,600
associated with that episode.
Yeah, you may have posted, let's
311
00:17:28,600 --> 00:17:32,080
say, a couple of Tik Toks, a
couple of reels from that
312
00:17:32,080 --> 00:17:36,440
episode way back when it aired,
but now go ahead and repost
313
00:17:36,440 --> 00:17:38,960
those.
That's a strategy that we have
314
00:17:38,960 --> 00:17:41,120
kind of lost, at least here in
the mornings.
315
00:17:41,120 --> 00:17:44,680
We don't talk about enough.
It's OK to repost your old
316
00:17:44,680 --> 00:17:48,240
social media content.
Don't feel like, oh, I posted
317
00:17:48,240 --> 00:17:50,040
that.
You know, it's three months ago,
318
00:17:50,040 --> 00:17:53,120
six months ago, two years ago.
It doesn't matter.
319
00:17:53,120 --> 00:17:56,120
Most likely people aren't
getting that far in your social
320
00:17:56,120 --> 00:17:58,400
media feed anymore.
So repost.
321
00:17:58,400 --> 00:17:59,560
I have a question.
Yeah.
322
00:18:00,360 --> 00:18:05,560
Does Sid number his episodes?
We do not number them publicly,
323
00:18:05,560 --> 00:18:07,200
meaning.
In the titles.
324
00:18:07,200 --> 00:18:08,840
I don't think they're not.
Yeah, they're not numbered in
325
00:18:08,840 --> 00:18:13,080
the title, but they are numbered
for us to know what they are in
326
00:18:13,080 --> 00:18:16,840
both in our Google Drive and in
click UPS as well as in bus
327
00:18:16,840 --> 00:18:20,280
route.
We number them like S7, O1 so
328
00:18:20,280 --> 00:18:23,320
season 7 #1.
So if you were just to do the
329
00:18:23,320 --> 00:18:28,320
social media thing, I mean, how
would they would they be able to
330
00:18:28,320 --> 00:18:30,000
find?
Well, what I was going to say to
331
00:18:30,000 --> 00:18:31,680
that, thank you for asking that
question.
332
00:18:32,000 --> 00:18:35,480
A platform like Instagram that
it makes it more challenging,
333
00:18:35,840 --> 00:18:37,680
right?
Because you can't share links
334
00:18:38,040 --> 00:18:41,800
with the post, right?
So you have to provide that
335
00:18:41,800 --> 00:18:43,280
information.
How can they get it?
336
00:18:43,400 --> 00:18:46,400
Well, one way you could do it is
using some of those services
337
00:18:46,640 --> 00:18:49,320
that I know plenty of you have
seen where it says, you know,
338
00:18:49,320 --> 00:18:54,880
comment podcast and I'll send
you, I'll DM you a link, right?
339
00:18:54,880 --> 00:18:57,160
That's one way to do it.
There's lots of services out
340
00:18:57,160 --> 00:18:58,720
there.
I would recommend one in
341
00:18:58,720 --> 00:19:02,080
particular from community member
Jeff Dwoskin.
342
00:19:02,080 --> 00:19:05,600
He has Stampede Social.
That's his company and they do
343
00:19:05,600 --> 00:19:08,680
that very thing and it's really
awesome tool if you want to
344
00:19:08,680 --> 00:19:10,760
check that out.
That's one way to do it.
345
00:19:11,000 --> 00:19:13,560
Also, you could just say link in
bio.
346
00:19:13,560 --> 00:19:17,080
I know some people don't love
that strategy, but I've found it
347
00:19:17,080 --> 00:19:19,960
to work OK for me.
Link in bio and just put your
348
00:19:19,960 --> 00:19:24,440
link in your bio on and IG.
But and and TikTok, I think has
349
00:19:24,440 --> 00:19:29,000
similar challenges as Wells, but
you could use similar strategies
350
00:19:29,000 --> 00:19:30,840
that I just shared.
But then on some other
351
00:19:30,840 --> 00:19:34,080
platforms, let's say Facebook,
for example, you can share that
352
00:19:34,080 --> 00:19:38,560
link directly to the episode.
So I just so you have to
353
00:19:38,560 --> 00:19:40,400
understand the platforms.
Yes, Sid.
354
00:19:40,960 --> 00:19:45,080
Yesterday I posted a reel about
this week's episode and I put a
355
00:19:45,080 --> 00:19:51,040
link in the com in the about
whatever the copy and I posted
356
00:19:51,040 --> 00:19:53,120
it, which I knew the link
wouldn't work but I put it there
357
00:19:53,120 --> 00:19:55,520
anyway people could read it.
It's a super easy link, right?
358
00:19:55,960 --> 00:19:58,320
I posted it and then I got a pop
up from Instagram.
359
00:19:58,480 --> 00:19:59,840
I'm wondering if Jonathan knows
this.
360
00:20:00,200 --> 00:20:05,520
I can actually pay to be a
whatever member of Instagram and
361
00:20:05,520 --> 00:20:08,680
the links will be live for 4995
a month.
362
00:20:08,680 --> 00:20:11,800
Whoa, 50 bucks?
Well, that.
363
00:20:11,800 --> 00:20:13,960
Is yeah, man, I was shocked.
I was shocked.
364
00:20:14,480 --> 00:20:17,520
Like yeah, paid to have links
live 49 and whatever.
365
00:20:17,520 --> 00:20:19,920
There was like multiple options
and it showed me the business
366
00:20:19,920 --> 00:20:23,200
option because my Instagram is a
business but this link to my
367
00:20:23,520 --> 00:20:26,720
Facebook business for $49.00 a
month the links would be
368
00:20:26,720 --> 00:20:30,600
clickable.
Wow, Jonathan. 5 links I believe
369
00:20:30,600 --> 00:20:34,600
you only get 5 links for that
$49.00 Yes, but that is the.
370
00:20:34,600 --> 00:20:36,720
Link.
It is something like that
371
00:20:37,280 --> 00:20:41,080
because it goes up to $500 is
the Max on that membership
372
00:20:41,240 --> 00:20:43,760
thing.
Wow, that's fascinating.
373
00:20:43,840 --> 00:20:46,280
I know why they're doing that.
Because they don't want you to
374
00:20:46,280 --> 00:20:49,000
send their users to other
platforms.
375
00:20:49,240 --> 00:20:53,280
So if you really want to send a
user outside of their platform,
376
00:20:53,440 --> 00:20:54,920
they're going to charge you for
it.
377
00:20:54,920 --> 00:20:56,840
It's an interesting strategy on
their part.
378
00:20:56,840 --> 00:21:00,760
I don't knock them for it.
I get why they find it, you
379
00:21:00,760 --> 00:21:03,440
know, really challenging to lose
people and they want to keep
380
00:21:03,440 --> 00:21:04,840
everybody there.
I get it.
381
00:21:04,840 --> 00:21:08,360
Interesting strategy.
I'm sure not a lot of people
382
00:21:08,360 --> 00:21:11,000
take advantage of it.
But you know what, big companies
383
00:21:11,000 --> 00:21:14,720
with budgets, maybe they're
they're budgeting for that, who
384
00:21:14,720 --> 00:21:16,200
knows?
All right, I know there are
385
00:21:16,200 --> 00:21:20,000
three people that wanted to
chime in, so let's try to be as
386
00:21:20,360 --> 00:21:23,320
concise as we can.
I know Ashley's really good at
387
00:21:23,320 --> 00:21:24,880
that.
Ashley, the floor is yours.
388
00:21:24,880 --> 00:21:26,480
Go for it.
What I would.
389
00:21:26,480 --> 00:21:31,480
First do is determine which
episodes and how many are going
390
00:21:31,480 --> 00:21:34,320
to be in this re releasing if
you will.
391
00:21:34,320 --> 00:21:36,760
I'm not.
I don't mean actually re
392
00:21:36,760 --> 00:21:40,160
releasing the episode, but the
ones you're trying to give more
393
00:21:40,160 --> 00:21:43,600
hype and love to.
And I know you're on YouTube.
394
00:21:43,600 --> 00:21:48,040
What I would do is create a
playlist of those episodes.
395
00:21:48,560 --> 00:21:52,640
And then what I would do is I
would do a e-mail and social
396
00:21:52,640 --> 00:21:56,760
media campaign in which you
announce, hey, we're going to
397
00:21:56,760 --> 00:22:01,200
start showcasing some of our old
episodes from the archives.
398
00:22:01,200 --> 00:22:04,800
And This is why give a little
preview about, you know, what
399
00:22:04,800 --> 00:22:07,640
those episodes might cover, the
value in those.
400
00:22:08,360 --> 00:22:11,880
And then, as Mark was saying,
release the social media clips
401
00:22:11,880 --> 00:22:17,360
associated with those episodes
to compliment them and also make
402
00:22:17,360 --> 00:22:21,040
new social media clips, which
you can also share in an e-mail
403
00:22:21,440 --> 00:22:24,720
hyping up those episodes.
Oh, great suggestion, especially
404
00:22:24,720 --> 00:22:25,920
the last one.
They're actually because that
405
00:22:25,920 --> 00:22:30,600
just reminded me that, yeah, why
not promote it in a newsletter,
406
00:22:31,000 --> 00:22:32,480
right?
You could have a section in your
407
00:22:32,480 --> 00:22:35,720
newsletter that says something
like, you know something about
408
00:22:35,720 --> 00:22:39,280
visiting the archives, right?
Just to remind people that
409
00:22:39,280 --> 00:22:41,000
there's a lot of good content
out there.
410
00:22:41,000 --> 00:22:42,560
I, I love those ideas.
Thank you.
411
00:22:42,960 --> 00:22:47,160
What I would probably do is go
check to see like if your, if
412
00:22:47,160 --> 00:22:50,800
your podcast is on a website, if
you have your own website.
413
00:22:50,800 --> 00:22:52,720
And this kind of ties back to
what we were talking about
414
00:22:53,120 --> 00:22:55,880
yesterday of trying to drive
people to your own place.
415
00:22:56,400 --> 00:23:00,600
You can connect your website to
different SEO tools.
416
00:23:00,720 --> 00:23:06,040
Google Search Console is a free
one that you can connect to and
417
00:23:06,560 --> 00:23:11,200
you can put in the URL of your
episode whatever like show notes
418
00:23:11,200 --> 00:23:14,600
page or whatever for that
specific episode and it will
419
00:23:14,600 --> 00:23:20,320
give you a list of keywords that
people are using to find your
420
00:23:20,320 --> 00:23:23,160
page.
So I would go back through some
421
00:23:23,160 --> 00:23:27,200
of those episodes and you plug
that URL in, see what it's
422
00:23:27,200 --> 00:23:29,800
already ranking for or what
people are searching for on
423
00:23:29,800 --> 00:23:35,400
that, and then update the copy
on that page to better reinforce
424
00:23:35,400 --> 00:23:37,720
those keywords.
Because that's going to
425
00:23:37,720 --> 00:23:40,480
ultimately drive your rankings
higher in Google search where
426
00:23:40,480 --> 00:23:42,320
people are going to end up
finding it and it's going to
427
00:23:42,320 --> 00:23:44,040
drive people back to your older
episodes.
428
00:23:44,800 --> 00:23:46,840
I love that suggestion, Nick.
Thank you.
429
00:23:46,840 --> 00:23:50,320
Thank you for thinking outside
of our box here, right?
430
00:23:50,320 --> 00:23:53,440
That might not be an
out-of-the-box suggestion
431
00:23:53,440 --> 00:23:56,480
necessarily, but certainly is as
far as this conversation has
432
00:23:56,480 --> 00:23:58,280
gone.
So thank you for that, Nick.
433
00:23:58,880 --> 00:24:00,920
I appreciate that one.
I'm going to again, keep it
434
00:24:00,920 --> 00:24:04,120
moving BC you're up and Ralph,
I'm going to give you the final
435
00:24:04,120 --> 00:24:06,440
word so that we can keep moving
on here.
436
00:24:06,440 --> 00:24:09,680
Go for it BC.
Let's not downplay the free
437
00:24:09,680 --> 00:24:13,080
version of the whole 50 bucks
for only 5 links thing on
438
00:24:13,080 --> 00:24:15,600
Instagram.
The free version of course put a
439
00:24:16,040 --> 00:24:17,840
story out there.
You can put a free link in the
440
00:24:17,840 --> 00:24:19,440
story.
Sure, that'll take someone
441
00:24:19,440 --> 00:24:21,600
anywhere.
Another thing that I like to do
442
00:24:21,600 --> 00:24:25,600
is to take your social media
reels for your podcast.
443
00:24:25,600 --> 00:24:27,360
Turn them into a highlight on
Instagram.
444
00:24:27,560 --> 00:24:30,480
That way they're always there.
They're not I archived and
445
00:24:30,840 --> 00:24:33,400
shoved away somewhere.
Reuse the highlight every now
446
00:24:33,400 --> 00:24:35,080
and then as well.
All right.
447
00:24:35,080 --> 00:24:36,040
I love it.
Thank you.
448
00:24:36,040 --> 00:24:39,560
BC and Ralph, final word on this
question.
449
00:24:40,000 --> 00:24:41,720
OK, Mark, here's the thing I'm
thinking.
450
00:24:41,720 --> 00:24:43,560
I just figured out how to
podcast.
451
00:24:43,560 --> 00:24:45,320
I figured out how to set up a
host.
452
00:24:45,320 --> 00:24:48,280
I figured out all these things
and now you're saying to me, but
453
00:24:48,280 --> 00:24:49,600
now you got to do something
else.
454
00:24:49,600 --> 00:24:51,280
Mark, let me ask you a simple
question.
455
00:24:51,720 --> 00:24:53,680
Is this something you can help
people with?
456
00:24:54,400 --> 00:24:56,840
Oh, absolutely.
And as I said earlier, yeah,
457
00:24:56,840 --> 00:24:59,240
this that this one of the
suggestions I gave, that's
458
00:24:59,240 --> 00:25:01,880
something that I work on with my
clients, whether it's my
459
00:25:01,880 --> 00:25:05,400
production clients, whether it's
my consulting and coaching
460
00:25:05,400 --> 00:25:06,440
clients.
Yeah.
461
00:25:06,440 --> 00:25:09,560
These are the different types of
strategies that I work on every
462
00:25:09,560 --> 00:25:13,480
day with our different clients
at Ironic Media.
463
00:25:13,480 --> 00:25:14,520
Yeah, absolutely.
Thank you.
464
00:25:14,520 --> 00:25:17,000
Because this can feel a little
overwhelming, you know, if I'm
465
00:25:17,000 --> 00:25:19,520
new to this and I don't
understand SEO, I don't
466
00:25:19,520 --> 00:25:22,480
understand social clips.
And if if you could help
467
00:25:22,480 --> 00:25:24,320
somebody do this, I think that'd
be amazing.
468
00:25:24,440 --> 00:25:26,400
Yep, absolutely, Ken.
Thank you.
469
00:25:26,640 --> 00:25:29,440
Ralph and Jonathan, did you have
a question?
470
00:25:30,440 --> 00:25:31,920
I know you said Ralph got the
last word.
471
00:25:31,920 --> 00:25:35,000
I just want to remind people
that when you use a link in your
472
00:25:35,000 --> 00:25:38,400
story on Instagram, it does
actually decrease the reach of
473
00:25:38,400 --> 00:25:41,280
your stories in general.
If you can use a mini chat
474
00:25:41,280 --> 00:25:44,360
connector connector for those,
that's going to always be better
475
00:25:44,360 --> 00:25:47,280
off for you.
Thank you Jonathan Dr. did you
476
00:25:47,280 --> 00:25:49,640
want to share the what was in
the chat?
477
00:25:50,120 --> 00:25:53,640
I did so.
Dave Campbell in the chat in
478
00:25:53,640 --> 00:25:56,200
Clubhouse says something really
important.
479
00:25:56,480 --> 00:26:01,840
A download is a delivery of a
file, not always a human listen,
480
00:26:02,080 --> 00:26:04,560
right?
So be sure to sign into your
481
00:26:04,560 --> 00:26:09,600
Apple and Spotify backends to
see time spent listening careful
482
00:26:09,600 --> 00:26:13,400
making decisions solely on your
hosting site data.
483
00:26:13,960 --> 00:26:21,320
So I fully agree with Dave, and
the bottom line here is whether
484
00:26:21,320 --> 00:26:25,120
you've got a bunch of downloads
on an episode or no downloads,
485
00:26:25,120 --> 00:26:28,920
whether they've listened all the
way through or not, if Sid wants
486
00:26:28,920 --> 00:26:33,800
to continue to promote his show
and the old episodes, by all
487
00:26:33,800 --> 00:26:37,040
means, that's still legitimate.
You can still do that.
488
00:26:37,640 --> 00:26:40,400
And I think it's important
because I think a lot of us as
489
00:26:40,400 --> 00:26:43,560
podcasters get stuck in the most
recent episode.
490
00:26:43,560 --> 00:26:46,480
We think that's the thing that
we have to promote and we forget
491
00:26:46,480 --> 00:26:49,400
about everything else.
And why not promote your new
492
00:26:49,400 --> 00:26:54,360
episode this week and maybe one
or two older ones that's sharing
493
00:26:54,360 --> 00:26:56,120
this week as well?
Why not?
494
00:26:56,640 --> 00:27:00,320
This is more content for you.
So I think that's why I'm very
495
00:27:00,320 --> 00:27:04,920
focused on this question, not
because I think maybe the way
496
00:27:04,920 --> 00:27:08,400
that Sid got here is the most
effective, but he's here and I
497
00:27:08,400 --> 00:27:12,120
think promoting your back
episodes is can be really
498
00:27:12,120 --> 00:27:14,120
valuable.
Sid, did you want to comment
499
00:27:14,120 --> 00:27:16,880
since this is your question?
Thank you all very much for the
500
00:27:16,880 --> 00:27:20,360
information, insights.
We have a call tomorrow,
501
00:27:20,440 --> 00:27:23,400
marketing person to talk about
this and I'm going to actually
502
00:27:23,400 --> 00:27:26,480
send her this episode and let
her listen to the 1st 20 minutes
503
00:27:26,480 --> 00:27:28,640
or so of it to get some
additional ideas.
504
00:27:28,640 --> 00:27:31,640
We're going to, we are going to
do like a throwback Thursday
505
00:27:31,640 --> 00:27:33,600
kind of thing where we promote
on Thursdays.
506
00:27:33,600 --> 00:27:36,600
A previous episode, I thought
that would be one way to kind of
507
00:27:36,600 --> 00:27:39,760
have some fun with it.
So but for conversation for
508
00:27:39,760 --> 00:27:41,320
another day.
So I'm going to put a pin in
509
00:27:41,320 --> 00:27:46,520
this and then you can move on.
We went to Apple Podcast Connect
510
00:27:47,920 --> 00:27:53,400
to look at a couple of episodes.
The data is starkly different.
511
00:27:54,000 --> 00:27:57,400
Buzz Route tells me one episode
had 100 downloads on Apple.
512
00:27:58,280 --> 00:28:02,240
Apple tells me it had 9.
There's something wrong with
513
00:28:02,240 --> 00:28:06,000
Apple analytics though.
It is important to go look at
514
00:28:06,000 --> 00:28:07,600
Apple.
We don't look at Spotify because
515
00:28:07,600 --> 00:28:09,600
less than 1% of our plays come
from Spotify for.
516
00:28:09,600 --> 00:28:11,640
So that data is not relevant to
us.
517
00:28:12,240 --> 00:28:15,240
Like only 5 listens come from
Spotify.
518
00:28:15,720 --> 00:28:19,320
So as you're looking at data,
just know that I at my opinion,
519
00:28:19,320 --> 00:28:23,080
I think something is wrong with
Apple Podcast Connect and is
520
00:28:23,080 --> 00:28:24,520
maybe we could talk about it one
day.
521
00:28:24,520 --> 00:28:26,920
Maybe we could all go do a
comparison and see what we get,
522
00:28:26,920 --> 00:28:30,760
Mark, like looking at your
platform versus what Apple says
523
00:28:30,760 --> 00:28:32,600
because something is wrong with
Apple.
524
00:28:33,320 --> 00:28:36,120
Yeah, I'm with you there.
Said I've seen those
525
00:28:36,120 --> 00:28:39,520
discrepancies as well for sure.
Ralph, I see you grinning.
526
00:28:39,840 --> 00:28:41,200
What?
What are you grinning about?
527
00:28:42,080 --> 00:28:45,640
No.
And so here's the thing, I think
528
00:28:45,760 --> 00:28:49,240
looking at percentage of
completion in Apple is huge and
529
00:28:49,240 --> 00:28:52,640
it makes you want to stab
yourself in the heart sometimes
530
00:28:53,000 --> 00:28:55,160
because you look at that
download number, you're like,
531
00:28:55,160 --> 00:28:56,920
man, I'm really knocking it out
of the park.
532
00:28:57,600 --> 00:29:00,400
So I agree with Sid and I
disagree with Sid.
533
00:29:00,400 --> 00:29:02,320
At the same time, I think we've
got to use all the data.
534
00:29:02,320 --> 00:29:04,440
Sid, I'm not disagreeing with
you that there could be a
535
00:29:04,440 --> 00:29:08,000
disconnect on the Apple thing,
but I think that even in its
536
00:29:08,000 --> 00:29:10,120
little piece of it gives us
information.
537
00:29:10,120 --> 00:29:13,160
And if you're seeing really good
completion numbers and Apple, I
538
00:29:13,160 --> 00:29:16,360
think that speaks to things.
And if you're seeing not great
539
00:29:16,360 --> 00:29:18,720
completion numbers, I think that
speaks to something as well.
540
00:29:18,880 --> 00:29:21,720
I don't know about the total
download numbers, but I know
541
00:29:21,720 --> 00:29:24,280
that percentage of completion is
something we really need to lean
542
00:29:24,280 --> 00:29:27,720
into and and it's not an easy
thing to stomach that.
543
00:29:27,720 --> 00:29:29,480
That's all I was, that's all I
was smiling about.
544
00:29:29,480 --> 00:29:31,720
Mark, is it?
It's like that come to Jesus
545
00:29:31,720 --> 00:29:33,560
moment when you're like, oh man,
really?
546
00:29:33,920 --> 00:29:36,240
Yeah, absolutely, absolutely.
OK.
547
00:29:36,240 --> 00:29:40,080
I know BC and Dr. both have
their hands raised.
548
00:29:40,080 --> 00:29:42,760
Do you guys have something?
OK, Dr. says no, no.
549
00:29:43,640 --> 00:29:45,440
OK, Neither of them do.
OK, good.
550
00:29:45,440 --> 00:29:50,880
Because wheel of jargon, we're
going to get into the wheel of
551
00:29:50,880 --> 00:29:55,280
jargon.
And by the way, this wheel of
552
00:29:55,280 --> 00:29:59,360
jargon is brought to you by my
company, Ironic Media.
553
00:30:01,640 --> 00:30:05,200
And what we do is we Ralph to
your question earlier, we help
554
00:30:05,200 --> 00:30:08,520
podcasters launch, grow and stay
consistent.
555
00:30:09,080 --> 00:30:11,600
If you've been thinking about
starting a podcast, growing your
556
00:30:11,600 --> 00:30:14,880
show, or finally getting
consistent, that's exactly what
557
00:30:14,880 --> 00:30:19,680
I help people do from full
production to strategy, coaching
558
00:30:19,800 --> 00:30:22,440
and turning your podcast into
something that supports your
559
00:30:22,440 --> 00:30:25,280
goals.
I'd like to talk with you.
560
00:30:25,520 --> 00:30:28,320
You can schedule a discovery
call using the link in the show
561
00:30:28,320 --> 00:30:31,960
notes or I think Ashley will,
Yep, she's shared it right here
562
00:30:31,960 --> 00:30:34,560
on Clubhouse.
And you can schedule that
563
00:30:34,560 --> 00:30:38,120
discovery call anytime.
You'll see my calendar.
564
00:30:38,120 --> 00:30:41,080
You can pick a day and time that
works for you.
565
00:30:41,640 --> 00:30:44,120
And yes, I don't do that very
often, gang.
566
00:30:44,120 --> 00:30:47,280
And it's something that I'm
working on and I'm sharing that
567
00:30:47,280 --> 00:30:51,000
behind the scenes because I know
that you are a fellow podcaster
568
00:30:51,000 --> 00:30:54,680
and I know that podcasters
struggle sometimes promoting
569
00:30:54,680 --> 00:30:58,080
themselves.
I'm calling it out because yes,
570
00:30:58,080 --> 00:31:01,160
I struggle with that too.
I've been called out by multiple
571
00:31:01,160 --> 00:31:04,800
people on this very team through
the years.
572
00:31:04,840 --> 00:31:06,920
Mark, why don't you promote what
you do?
573
00:31:07,080 --> 00:31:09,360
I don't think that people know
exactly what you do.
574
00:31:09,600 --> 00:31:13,920
I hear it all the time.
I am going to embrace that
575
00:31:14,360 --> 00:31:16,520
moving forward.
No, I'm not going to just Riddle
576
00:31:16,520 --> 00:31:19,440
you with promotions all the
time, but I am going to start
577
00:31:19,440 --> 00:31:21,400
talking a little bit more about
what I do.
578
00:31:22,480 --> 00:31:24,520
Well done, Mark.
Thank you, Ralph.
579
00:31:25,080 --> 00:31:26,800
All right, I'm going to spin the
wheel jargon.
580
00:31:26,800 --> 00:31:31,080
This is a newer segment of ours.
And basically what we do is we
581
00:31:31,080 --> 00:31:34,520
collect all the common terms
that we just throw around here
582
00:31:34,520 --> 00:31:37,600
on this show, assuming that
every listener knows what we're
583
00:31:37,600 --> 00:31:40,120
talking about, when that's just
not the case.
584
00:31:40,320 --> 00:31:45,600
We have new podcasters here all
the time, and sometimes some of
585
00:31:45,600 --> 00:31:49,360
these phrases and terms are
unfamiliar to them.
586
00:31:49,360 --> 00:31:53,160
So I'm going to spin this wheel.
I hope you can hear it.
587
00:31:55,120 --> 00:31:57,360
So I think last time Clubhouse
couldn't hear it.
588
00:31:57,360 --> 00:31:58,800
Yeah.
Ashley, you can't from
589
00:31:58,800 --> 00:32:01,080
Clubhouse, but we can hear it
here.
590
00:32:01,440 --> 00:32:02,920
Oh, OK.
Good.
591
00:32:02,920 --> 00:32:03,760
All right.
You heard it.
592
00:32:03,880 --> 00:32:07,480
All right, Here is the term, and
I'm going to go to Jonathan, if
593
00:32:07,480 --> 00:32:10,240
you don't mind.
Jonathan, I think you can answer
594
00:32:10,240 --> 00:32:12,400
this.
The term on the wheel today.
595
00:32:12,560 --> 00:32:17,200
Not as directly related to
podcasting, but as we've just
596
00:32:17,200 --> 00:32:20,640
shared, most of us are using
social media to help promote our
597
00:32:20,640 --> 00:32:23,920
podcast.
So this term, Jonathan Shadow
598
00:32:23,920 --> 00:32:26,840
Ban, what can you tell us about
that term?
599
00:32:27,280 --> 00:32:31,560
The fake term shadow ban,
actually shadow ban comes from
600
00:32:31,960 --> 00:32:35,680
Twitter where they use People
used to be banned for doing
601
00:32:35,680 --> 00:32:39,040
things, saying things on Twitter
at times.
602
00:32:39,040 --> 00:32:42,040
And that's where it originated
from on and a lot of the social
603
00:32:42,040 --> 00:32:43,920
media platforms, you're not
actually shadow banned.
604
00:32:44,280 --> 00:32:47,240
You are banned for a reason,
something that you did that's
605
00:32:47,240 --> 00:32:49,800
against community guidelines
that they will send you
606
00:32:49,800 --> 00:32:52,280
information about and that's
something that will decrease
607
00:32:52,280 --> 00:32:55,480
your reach.
So if you get shadow banned, a
608
00:32:55,480 --> 00:32:58,720
lot of times it's for a
violation of community standards
609
00:32:59,160 --> 00:33:00,840
or the expectations on the
platform.
610
00:33:01,200 --> 00:33:03,920
And it's not really shadow
banned because that kind of
611
00:33:03,920 --> 00:33:05,360
implies that you don't know
about it.
612
00:33:05,680 --> 00:33:08,680
You're many times you're given
the reason be your central
613
00:33:08,680 --> 00:33:11,440
reason by like Instagram has a
place you can go to see if
614
00:33:11,440 --> 00:33:12,920
you're in good standing.
Right.
615
00:33:13,360 --> 00:33:16,320
And I think TikTok does as well.
Yeah, I believe so as well.
616
00:33:16,320 --> 00:33:17,720
Yeah.
Yeah, And as a matter of fact,
617
00:33:17,720 --> 00:33:21,560
TikTok, I think these days, the
shadow ban thing, like Jonathan
618
00:33:21,560 --> 00:33:25,080
was saying, it is kind of fake
in the sense that a lot of these
619
00:33:25,080 --> 00:33:28,120
platforms now they're telling
you they're not hiding it from
620
00:33:28,120 --> 00:33:31,360
you, right Then that's what
shadow ban used to be.
621
00:33:31,400 --> 00:33:35,480
That was the interpretation of
it is that behind the scenes,
622
00:33:35,480 --> 00:33:38,800
the platform has done something
to your account where they're
623
00:33:38,840 --> 00:33:40,280
hurting.
They're pulling away from your
624
00:33:40,280 --> 00:33:42,680
reach.
You can, you no longer can reach
625
00:33:42,680 --> 00:33:45,400
the same amount of people
because you violated some terms.
626
00:33:45,400 --> 00:33:48,680
Well, they tell you now.
And as a matter of fact, I'm mad
627
00:33:48,680 --> 00:33:52,680
at TikTok because a while back,
if you remember, we had
628
00:33:53,000 --> 00:33:57,800
Riverside joining us, Kendall,
and she was telling us about
629
00:33:57,800 --> 00:34:00,400
some new features that came to
Riverside.
630
00:34:00,800 --> 00:34:04,520
And I had a clip of that that I
put on all social media
631
00:34:04,520 --> 00:34:07,640
platforms.
And when I put it on TikTok, it
632
00:34:07,640 --> 00:34:11,639
immediately took it down and
said I was violating some
633
00:34:11,639 --> 00:34:14,960
policy.
It didn't tell me what, just
634
00:34:14,960 --> 00:34:18,639
some community standards policy.
I couldn't figure it out why?
635
00:34:18,800 --> 00:34:20,360
Because there was nothing wrong
with it.
636
00:34:20,639 --> 00:34:22,400
Every other platform had no
problem with it.
637
00:34:22,480 --> 00:34:25,320
I wasn't doing anything weird.
We were just talking about this
638
00:34:25,320 --> 00:34:28,040
new feature.
So I thought, oh, it's got to be
639
00:34:28,040 --> 00:34:31,400
just something's wrong with it.
Like it just must be a mistake.
640
00:34:32,320 --> 00:34:36,040
So I tried it again and then I
got notified that I've got my
641
00:34:36,040 --> 00:34:42,040
first warning towards, I guess
being banned from TikTok with
642
00:34:42,040 --> 00:34:46,239
again, no real explanation.
So it is kind of annoying, but
643
00:34:46,239 --> 00:34:49,880
at least you know, it is not a
quote UN quote shadow ban.
644
00:34:49,880 --> 00:34:52,560
At least there is some
transparency, although there
645
00:34:52,560 --> 00:34:56,320
needs to be more in my opinion.
Ralphie Oh, go ahead, Jonathan.
646
00:34:56,320 --> 00:34:58,680
11 more thing I just wanted to
say about a shadow ban.
647
00:34:58,680 --> 00:35:01,840
If you feel like your content is
not getting reach and you
648
00:35:01,840 --> 00:35:04,960
haven't been notified about
anything, look at your content
649
00:35:04,960 --> 00:35:06,960
and make sure it aligns with
what your audience is actually
650
00:35:06,960 --> 00:35:08,480
looking for.
Agreed.
651
00:35:08,600 --> 00:35:09,320
Yeah.
Thank you.
652
00:35:09,320 --> 00:35:11,080
Jonathan.
Ralph, what do you got?
653
00:35:11,440 --> 00:35:14,320
OK, now you fired me up.
Now, Mark might get a little
654
00:35:14,320 --> 00:35:17,120
spicy here for a second.
Well, it is spicy week here on
655
00:35:17,120 --> 00:35:18,880
the morning.
Crosses into something that
656
00:35:18,880 --> 00:35:22,760
really annoys me because I've
gotten these community standard
657
00:35:22,760 --> 00:35:26,280
alerts because they say I'm
making promises I can't keep
658
00:35:26,280 --> 00:35:28,520
because I'm saying things that
aren't true.
659
00:35:29,280 --> 00:35:32,400
I am a 30 year professional
licensed accountant with
660
00:35:32,400 --> 00:35:35,120
credentials.
When I say something about
661
00:35:35,120 --> 00:35:38,440
finances, when I say something
about money, I can stand behind
662
00:35:38,440 --> 00:35:40,840
what I'm saying.
And these platforms are
663
00:35:40,840 --> 00:35:43,480
constantly saying you're making
promises you can't keep.
664
00:35:43,840 --> 00:35:46,160
And the problem is you can't
talk to anybody.
665
00:35:46,440 --> 00:35:49,560
All you got is a stupid
community thing violation.
666
00:35:49,560 --> 00:35:52,640
You can't appeal to anybody.
So I am just really frustrated
667
00:35:52,640 --> 00:35:56,320
this because let me share my
credentials, let me share my
668
00:35:56,320 --> 00:35:59,600
license, let me share the CPE
classes that I have to take 40
669
00:35:59,600 --> 00:36:03,040
hours every year demonstrating
competency in my field.
670
00:36:03,040 --> 00:36:06,880
So Mark, this just really steams
me because there are people out
671
00:36:06,880 --> 00:36:10,160
there that aren't scammers, that
aren't playing games, that
672
00:36:10,240 --> 00:36:12,760
actually have knowledge that's
useful to people.
673
00:36:12,920 --> 00:36:18,080
But we're banned from saying it
in any kind of proactive or in
674
00:36:18,080 --> 00:36:20,520
any way that it seems like
clickbait, but it's not.
675
00:36:21,040 --> 00:36:24,640
When I say to somebody, I can
save you thousands of dollars in
676
00:36:24,640 --> 00:36:28,040
tax money if we sit together and
do something to look at what
677
00:36:28,040 --> 00:36:31,000
you're going on in your
situation, I can stand behind
678
00:36:31,000 --> 00:36:32,720
that.
And for these platforms that
679
00:36:32,720 --> 00:36:35,200
just say, well, you're making a
statement that you can't back up
680
00:36:35,200 --> 00:36:38,120
just steams me.
So thank you for letting me the
681
00:36:38,120 --> 00:36:40,440
vent a little bit there.
But since it was on the wheel of
682
00:36:40,440 --> 00:36:41,920
jargon, I had to throw that in
there.
683
00:36:41,960 --> 00:36:44,680
Ralph is riled up.
I'd love to hear that.
684
00:36:45,840 --> 00:36:48,200
Go ahead BC.
Mr. Ralph's point yet?
685
00:36:48,200 --> 00:36:50,920
Don't tell me that my 20 years
of experience and me putting
686
00:36:50,920 --> 00:36:54,520
myself in the 32K of more debt
means I don't know what I'm
687
00:36:54,520 --> 00:36:56,280
talking about.
Sit down and listen up.
688
00:36:56,640 --> 00:36:59,160
But going back to to what you
were talking about with the
689
00:36:59,320 --> 00:37:02,400
violations, I've seen people get
kicked off of their lives
690
00:37:02,400 --> 00:37:05,760
because they were pushing their
business or their company during
691
00:37:05,760 --> 00:37:09,480
a live, which would take people
away from the TikTok platform.
692
00:37:09,680 --> 00:37:12,240
So they were pushed off their
lives immediately.
693
00:37:12,600 --> 00:37:16,240
I'm like, why?
Yeah, what's the point?
694
00:37:16,680 --> 00:37:20,360
Yeah, it's really frustrating.
And you there is, you know,
695
00:37:20,400 --> 00:37:23,360
usually at least with TikTok, I
know you can appeal.
696
00:37:23,520 --> 00:37:26,080
I've had it happen before and
appealed it.
697
00:37:26,080 --> 00:37:29,360
And then I've actually had
success with it saying, Oh yeah,
698
00:37:29,360 --> 00:37:32,480
our bad and they remove the
warning or what have you.
699
00:37:32,920 --> 00:37:35,880
But again, they don't really
give you an opportunity to
700
00:37:35,880 --> 00:37:38,680
really prove yourself.
It's just like, please look at
701
00:37:38,680 --> 00:37:41,480
this again, please give me
another chance, right?
702
00:37:41,480 --> 00:37:43,800
And then maybe they will, maybe
they won't.
703
00:37:44,360 --> 00:37:47,600
Exactly, it's not like everyone
who's got who can go live is in
704
00:37:47,600 --> 00:37:51,080
the creator fund account so not
everyone's being paid by some
705
00:37:51,080 --> 00:37:53,040
Commission from TikTok.
So why not let them push a
706
00:37:53,040 --> 00:37:55,960
service outside of TikTok that
is letting them get some kind of
707
00:37:55,960 --> 00:37:58,200
revenue?
Like chill out, jeez.
708
00:37:59,040 --> 00:38:03,280
Yeah, thank you, BC.
All right, let's get back to the
709
00:38:03,280 --> 00:38:07,040
mailbag.
All right, there we go.
710
00:38:07,040 --> 00:38:11,920
What do we got here?
OK, How do podcasters actually
711
00:38:11,920 --> 00:38:14,840
decide what to charge for
sponsorship?
712
00:38:15,000 --> 00:38:17,280
This comes from somebody on
Reddit.
713
00:38:17,280 --> 00:38:21,400
In the podcast in the podcasting
Reddit they say.
714
00:38:21,560 --> 00:38:23,400
Been wondering about this for a
while.
715
00:38:23,400 --> 00:38:26,000
I listen to a bunch of indie
podcasts and some of them have
716
00:38:26,000 --> 00:38:29,600
sponsors but I'm curious how
they figure out pricing.
717
00:38:30,240 --> 00:38:35,360
Like when a brand reaches out,
do most people have a fixed rate
718
00:38:35,360 --> 00:38:38,760
based on downloads?
Use some CPM formula?
719
00:38:39,080 --> 00:38:42,720
Just throw out a number that
feels right, ask the brand's
720
00:38:42,720 --> 00:38:44,920
budget 1st and negotiate from
there.
721
00:38:45,840 --> 00:38:48,440
This person goes on and says
I've heard everything from
722
00:38:48,560 --> 00:38:54,160
$18.00 per 1000 downloads to I
just doubled what the last brand
723
00:38:54,160 --> 00:38:57,400
paid me lol.
Would love to hear from anyone
724
00:38:57,400 --> 00:39:00,680
who's been through this.
How do you figure out your rate?
725
00:39:00,920 --> 00:39:04,000
Did you feel like you
undercharged at first?
726
00:39:04,800 --> 00:39:08,320
I see Sid wants to chime in.
And Sid being somebody who I
727
00:39:08,320 --> 00:39:11,840
know has just recently gone
through some some of this
728
00:39:11,840 --> 00:39:14,520
himself, I think he's a great
person to start with.
729
00:39:14,520 --> 00:39:17,520
Go ahead, Sid.
First thing I'm going to say is
730
00:39:17,600 --> 00:39:22,920
remove CPM from your vocabulary.
That is not a strategy that
731
00:39:22,920 --> 00:39:24,600
works for independent
podcasters.
732
00:39:24,600 --> 00:39:26,520
You have to remove that.
Don't even think about it.
733
00:39:26,520 --> 00:39:29,520
It is not viable.
The second thing you have to do
734
00:39:29,520 --> 00:39:33,280
is you have to look at what does
your show cost you?
735
00:39:33,760 --> 00:39:37,360
So production costs if you use
an editor, marketing cost if you
736
00:39:37,360 --> 00:39:41,440
use a marketing person, I mean
add up every expense including
737
00:39:41,440 --> 00:39:45,480
your host cost.
If you use Opus clips to do
738
00:39:45,480 --> 00:39:48,120
social media, like what is
everything cost you?
739
00:39:48,680 --> 00:39:52,400
And then be sure to include
yourself into that cost
740
00:39:52,400 --> 00:39:55,000
structure.
So if you think you spend 3
741
00:39:55,000 --> 00:39:58,120
hours per episode and your
hourly rate if you were a
742
00:39:58,120 --> 00:40:01,880
consultant is $250, you got to
add that to the cost structure.
743
00:40:02,320 --> 00:40:04,040
And then you get your total
cost.
744
00:40:04,360 --> 00:40:08,000
And then you ask yourself how
much percentage wise do I want
745
00:40:08,000 --> 00:40:10,640
to make on this?
And then that's your starting
746
00:40:10,640 --> 00:40:12,600
point.
The other question to ask, in my
747
00:40:12,600 --> 00:40:15,440
opinion, is how much do I want
to make?
748
00:40:15,840 --> 00:40:18,920
With sponsors, chips of my
podcast and then come up with a
749
00:40:18,920 --> 00:40:21,240
number.
I mean I'm always one to shoot
750
00:40:21,240 --> 00:40:24,480
for the moon and go high because
you can always come down.
751
00:40:24,840 --> 00:40:27,200
It's really hard to go up once
you've already started a
752
00:40:27,200 --> 00:40:29,600
negotiation.
So start high and give yourself
753
00:40:29,600 --> 00:40:32,960
some room.
I set goals for what we wanted
754
00:40:32,960 --> 00:40:37,120
to accomplish with our sponsors.
We have 8 sponsors, we have 3
755
00:40:37,960 --> 00:40:41,640
bronze sponsors, 3 silver
sponsors and two gold presenting
756
00:40:41,640 --> 00:40:46,360
sponsors.
And my goal was $10,000 per
757
00:40:46,640 --> 00:40:52,720
month in revenue and we got to
$7000 per month in revenue.
758
00:40:53,040 --> 00:40:56,960
So I'm really proud of that and
it finally makes my podcast
759
00:40:56,960 --> 00:41:00,320
viable as it relates to being a
revenue stream in my business,
760
00:41:00,320 --> 00:41:03,480
which is what I was after.
And so and we just put numbers
761
00:41:03,480 --> 00:41:05,720
out there.
What I did that was wrong in
762
00:41:05,720 --> 00:41:09,160
this process was I had like had
a couple people say no, I had a
763
00:41:09,160 --> 00:41:12,640
couple people pushed back on the
number, but I stood my ground
764
00:41:12,640 --> 00:41:15,200
with it and they ended up
signing.
765
00:41:15,480 --> 00:41:20,240
But what I did wrong was what
you got for reframe that What I
766
00:41:20,240 --> 00:41:25,520
did wrong, what I will rethink
the next time we do this is we
767
00:41:25,520 --> 00:41:28,080
will.
I gave them too much for being a
768
00:41:28,080 --> 00:41:30,240
sponsor.
They got too many things.
769
00:41:30,240 --> 00:41:33,800
And that was me trying to make
it easy for them to say yes.
770
00:41:34,240 --> 00:41:36,720
And now that we're putting all
this crap together, my head
771
00:41:36,720 --> 00:41:40,960
hurts.
So you know, we will be changing
772
00:41:40,960 --> 00:41:43,960
and adjusting that for the next
season.
773
00:41:43,960 --> 00:41:47,200
But I will also tell you we are
not done selling sponsorships.
774
00:41:47,560 --> 00:41:49,560
We will continue to sell
sponsorships throughout the
775
00:41:49,560 --> 00:41:53,480
course of the year and we will
prorate based on when they
776
00:41:53,480 --> 00:41:55,400
potentially join.
We've got some new targets.
777
00:41:55,720 --> 00:41:58,800
And the other thing that we're
doing which is new is if a
778
00:41:58,800 --> 00:42:01,960
sponsor, if you're the gold
sponsor, you got it, you got a
779
00:42:01,960 --> 00:42:04,320
show out of it, so you got a
full episode out of it.
780
00:42:04,720 --> 00:42:08,360
But we've had other level
sponsors ask us to do a show to
781
00:42:08,360 --> 00:42:11,880
update on their business.
As long as it's not for full
782
00:42:11,880 --> 00:42:14,640
promotion, I'm OK with that.
We're going to charge them for
783
00:42:14,640 --> 00:42:18,640
that episode, $1500 for that
episode if they want to do it,
784
00:42:19,000 --> 00:42:22,400
and which is another way to
bring revenue into the business.
785
00:42:22,400 --> 00:42:26,480
So I'm really focused on this
and making this a true monetary
786
00:42:26,720 --> 00:42:29,160
component of my business.
And at the end of the day, there
787
00:42:29,160 --> 00:42:31,800
are no rules around this.
You can do what you want to do,
788
00:42:32,080 --> 00:42:35,160
know what it cost, you know what
you want to make and start
789
00:42:35,160 --> 00:42:37,640
there, but always start high
because you can come down.
790
00:42:37,880 --> 00:42:39,400
So hope that was helpful, Mark.
Very.
791
00:42:39,400 --> 00:42:43,760
Let's give Sid a round of
applause because this not only
792
00:42:43,760 --> 00:42:47,280
was it very valuable
information, just kudos to you,
793
00:42:47,280 --> 00:42:51,680
Sid, for yeah, for really just
going digging deep and figuring
794
00:42:51,680 --> 00:42:53,720
that all out and finding
success.
795
00:42:53,840 --> 00:42:57,400
And also by the way, Tim, in the
chat, I like what he shared.
796
00:42:57,400 --> 00:42:59,480
I have a couple clients that do
this as well.
797
00:42:59,720 --> 00:43:04,680
He has a client that charges
sponsors to cover the costs to
798
00:43:04,680 --> 00:43:07,160
produce the podcast.
Tim produces their podcast.
799
00:43:07,160 --> 00:43:10,520
So their standard, what they're
going for is they just want to
800
00:43:10,520 --> 00:43:11,960
make sure their costs are
covered.
801
00:43:12,360 --> 00:43:15,240
And so that's what they charge
with their sponsors.
802
00:43:15,440 --> 00:43:17,760
I think the bottom line about
sponsorship.
803
00:43:17,760 --> 00:43:21,120
Is it is.
Evergreen And that's what people
804
00:43:21,120 --> 00:43:22,920
are like.
Podcasters have to remember,
805
00:43:23,200 --> 00:43:27,120
yes, you're trying to get money,
but as long as that podcast
806
00:43:27,120 --> 00:43:29,840
episode is up, that sponsorship
is in there.
807
00:43:30,080 --> 00:43:31,880
So they're going to constantly
be getting it.
808
00:43:31,880 --> 00:43:37,720
And I and I just commend Sid.
For like, just ABC's exactly.
809
00:43:38,960 --> 00:43:41,320
So whenever I hear something
about money, it's almost like
810
00:43:41,320 --> 00:43:43,800
Beetlejuice, you know, like I
got to feel like I got to chime
811
00:43:43,800 --> 00:43:45,440
in here.
But a couple of things.
812
00:43:45,440 --> 00:43:46,720
First of all, congratulations,
Sid.
813
00:43:46,720 --> 00:43:50,280
Number one thing I think we need
to talk about is you don't
814
00:43:50,280 --> 00:43:53,320
monetize a show, you monetize an
audience.
815
00:43:53,640 --> 00:43:57,040
So you've got to have a focus on
what value you bring into your
816
00:43:57,040 --> 00:43:58,000
own.
That's number one thing.
817
00:43:58,360 --> 00:44:01,200
Secondarily thing I said, I
agree with you, look at your
818
00:44:01,200 --> 00:44:03,600
cost, but I think you can get
trapped there.
819
00:44:03,800 --> 00:44:07,120
So don't get trapped there.
The third thing, and this is
820
00:44:07,120 --> 00:44:11,040
going to be my big take away for
this segment is what do you have
821
00:44:11,040 --> 00:44:12,760
that you can sell?
That's yours.
822
00:44:13,040 --> 00:44:16,040
I think the first place you got
to go because, and a lot of
823
00:44:16,040 --> 00:44:18,160
people, Mark might, if you're a
new listener, you might not know
824
00:44:18,160 --> 00:44:20,600
what CPM even means.
So maybe we should take a second
825
00:44:20,600 --> 00:44:25,240
and just define what CPM is
because CPM in my view is a race
826
00:44:25,240 --> 00:44:27,960
to the bottom.
And if you think that's going to
827
00:44:27,960 --> 00:44:31,400
be the way to monetize your
podcast, it's probably not going
828
00:44:31,400 --> 00:44:35,480
to work because if you don't
have at least 10,000 downloads
829
00:44:35,480 --> 00:44:39,080
per episode, CPM is not going to
pay you enough to buy a cup of
830
00:44:39,080 --> 00:44:41,640
coffee.
So I tell people all the time
831
00:44:41,640 --> 00:44:45,040
when I work with them, when I
coach them, hey, what do you
832
00:44:45,040 --> 00:44:47,240
have that you can sell?
What are your consulting
833
00:44:47,240 --> 00:44:48,760
service?
What are your coaching services?
834
00:44:48,880 --> 00:44:51,200
And if you can't do that, maybe
some affiliate income.
835
00:44:51,320 --> 00:44:54,480
But CPM, if you want to talk
about what that is, Mark, I
836
00:44:54,480 --> 00:44:57,320
think it'd be a valuable
discussion, is a race to the
837
00:44:57,320 --> 00:45:05,200
bottom.
Since I was debating who to go
838
00:45:05,200 --> 00:45:09,040
to to define CPM just because
you were already talking Ralph.
839
00:45:09,040 --> 00:45:12,400
But then Sid was like, you
remove that from your your
840
00:45:12,440 --> 00:45:15,160
vocabulary.
So Sid, you want to tell us what
841
00:45:15,160 --> 00:45:17,360
CPM is?
Or is that really gone from your
842
00:45:17,360 --> 00:45:19,080
vocabulary and you don't know
anymore?
843
00:45:20,120 --> 00:45:23,440
I'm going to have to go rinse my
mouth out after I actually say I
844
00:45:23,440 --> 00:45:26,800
think it's.
I think it's cost per million I
845
00:45:26,840 --> 00:45:31,320
believe is what it is 1000.
Per thousand, yes.
846
00:45:31,360 --> 00:45:33,200
Yeah, OK.
It's stupid, whatever.
847
00:45:33,240 --> 00:45:37,880
But what the M is, is Millie, I
think is what it actually stands
848
00:45:37,880 --> 00:45:40,840
for, but it's Greek and it's
really for thousand.
849
00:45:41,480 --> 00:45:42,800
So basically what does that
mean?
850
00:45:42,800 --> 00:45:49,160
It means you are charging for
every 1000 downloads really in
851
00:45:49,160 --> 00:45:52,880
the in podcasting terms, that's
what it that's what it comes
852
00:45:52,880 --> 00:45:55,040
down to which that's why.
You're going to put it in real
853
00:45:55,040 --> 00:46:02,560
numbers, like some companies
will pay you $0.18 per 1000
854
00:46:02,560 --> 00:46:06,640
downloads, which means you got
1000 downloads, that customer
855
00:46:06,640 --> 00:46:10,320
had an ad in that episode and
you made $18.00.
856
00:46:10,880 --> 00:46:13,160
That is not a sustainable
revenue model.
857
00:46:13,160 --> 00:46:14,680
Right.
Agreed.
858
00:46:14,920 --> 00:46:17,600
Agreed.
I like the model that you've
859
00:46:17,600 --> 00:46:19,480
chosen.
I like the model that Ralph has
860
00:46:19,480 --> 00:46:22,560
chosen much better than that.
Yes, Dr., go ahead.
861
00:46:23,240 --> 00:46:27,280
OK, well, first I think that Sid
needs to create one of those
862
00:46:27,280 --> 00:46:33,720
self-guided mini courses on how
he just schooled us in in his.
863
00:46:33,720 --> 00:46:39,280
In monetization.
Secondly, who came up with the
864
00:46:39,400 --> 00:46:42,040
whole CPM?
Radio.
865
00:46:42,280 --> 00:46:47,080
TV.
Where $0.18 per thousand was.
866
00:46:47,480 --> 00:46:50,920
Oh, well, the number, yeah, the
number, I don't know how that
867
00:46:50,920 --> 00:46:54,480
was ever factored in, but yeah,
the the strategy, that's an old
868
00:46:54,480 --> 00:46:57,440
media strategy.
Well, I want to know who came up
869
00:46:57,440 --> 00:46:59,440
with the number and I want to
punch him in the throat.
870
00:47:01,840 --> 00:47:03,040
All right, well, there you go.
There's.
871
00:47:03,160 --> 00:47:06,800
Honestly, I think it's the yeah,
I think it's the brand TR that
872
00:47:06,800 --> 00:47:10,200
determines like how much they
want to pay.
873
00:47:10,760 --> 00:47:12,800
I'm not going to do a mini
course on how I did it, but I am
874
00:47:12,800 --> 00:47:15,520
going to apply to be a speaker
at the Empowered Podcasting
875
00:47:15,520 --> 00:47:19,840
event, I believe in August to
share the message around how I
876
00:47:19,840 --> 00:47:21,360
did this with everybody that's
there.
877
00:47:21,480 --> 00:47:24,840
So I love you know anybody put a
good word in for me, if you know
878
00:47:24,840 --> 00:47:27,280
anybody, I.
Know a couple of people.
879
00:47:27,280 --> 00:47:29,760
I know a couple of people over
at Empowered Podcasting.
880
00:47:30,000 --> 00:47:33,640
And if you want to get a ticket
now to see that talk, because
881
00:47:33,640 --> 00:47:36,760
let's be real, Sid Sid's got the
job at this point.
882
00:47:36,960 --> 00:47:41,320
He's also selling sponsorships
for that talk on the side, but
883
00:47:41,320 --> 00:47:44,880
he didn't want to say anything
to mark sponsorship.
884
00:47:44,880 --> 00:47:47,520
Great idea.
There's a sponsorship package
885
00:47:47,520 --> 00:47:52,320
for his coffee cup as well as
his pen and his jacket on the
886
00:47:52,320 --> 00:47:54,120
back.
He's going to be like a racing
887
00:47:54,120 --> 00:47:57,800
car jacket, so he's plenty of
opportunity for you.
888
00:47:58,400 --> 00:47:59,680
Perfect.
Great.
889
00:47:59,680 --> 00:48:00,960
Well.
Mark, I'm going to put a pin in
890
00:48:00,960 --> 00:48:01,800
this too.
OK?
891
00:48:01,800 --> 00:48:06,040
Sorry, but Ralph said something
that I can't let slide, which is
892
00:48:06,560 --> 00:48:11,160
he's 100% on point.
They are sponsoring because of
893
00:48:11,160 --> 00:48:13,840
my audience.
They're sponsoring because of
894
00:48:13,840 --> 00:48:15,560
the people that follow me, the
people that listen to me.
895
00:48:15,560 --> 00:48:18,640
And I am zoned in as to who I am
talking to.
896
00:48:18,960 --> 00:48:21,040
I know exactly who my audience
is.
897
00:48:21,360 --> 00:48:24,800
And this is payment for access
to my community.
898
00:48:25,160 --> 00:48:29,360
This is payment to access to
decision makers who will buy or
899
00:48:29,360 --> 00:48:32,440
influence the purchase of what
the people that are my sponsors
900
00:48:32,440 --> 00:48:37,280
are of what they're selling.
And that cannot be more heavily
901
00:48:37,480 --> 00:48:39,320
confirmed.
I've lost my words here.
902
00:48:39,520 --> 00:48:43,080
But that's exactly the benefit
of I'm seven years in.
903
00:48:43,440 --> 00:48:46,800
It took me at least three to
five years to really build this
904
00:48:46,800 --> 00:48:49,360
audience that I've got that's
loyal.
905
00:48:49,360 --> 00:48:51,320
And I know exactly who they are.
I know exactly what their
906
00:48:51,320 --> 00:48:52,880
problems are and I talk to them
everyday.
907
00:48:52,880 --> 00:48:55,320
And that's exactly what my
sponsors have purchased.
908
00:48:55,920 --> 00:48:59,440
Sid, I know earlier you shared a
little bit about downloads.
909
00:48:59,440 --> 00:49:02,080
When you were talking about the
anomaly you were discovering
910
00:49:02,080 --> 00:49:05,520
about your downloads, I'm
curious, are you open to sharing
911
00:49:05,520 --> 00:49:08,840
with the audience, say, your
average downloads?
912
00:49:08,840 --> 00:49:11,640
And let's just put an asterisk
there and acknowledge what Dave
913
00:49:12,120 --> 00:49:15,160
had shared earlier, the fact
that, yes, downloads don't mean
914
00:49:15,160 --> 00:49:19,160
everything, but that is a metric
that is commonly discussed.
915
00:49:19,160 --> 00:49:21,320
So.
And I want to want to give
916
00:49:21,320 --> 00:49:25,280
people an idea of the size of an
audience and what Sid's charging
917
00:49:25,520 --> 00:49:28,320
to really give them a little
more confidence that yeah, you
918
00:49:28,320 --> 00:49:31,360
can charge even with a quote UN
quote smaller audience.
919
00:49:31,840 --> 00:49:34,040
Can I can I preface that
question with another question
920
00:49:34,040 --> 00:49:35,680
first?
Sure, Sid.
921
00:49:35,960 --> 00:49:39,680
Word downloads discussed in your
negotiations with these
922
00:49:39,680 --> 00:49:41,720
sponsors.
That's a great question to Nick.
923
00:49:41,720 --> 00:49:45,320
So downloads were discussed, but
averages, but it was not heavily
924
00:49:45,320 --> 00:49:50,200
discussed because in our
sponsorship document, I shared
925
00:49:50,240 --> 00:49:56,080
the ecosystem, meaning the
website, LinkedIn, Instagram, I
926
00:49:56,080 --> 00:49:59,560
shared my ecosystem of the
people that are part of my
927
00:49:59,560 --> 00:50:03,920
ecosystem.
My website gets 84,000 visits a
928
00:50:03,920 --> 00:50:06,120
month.
That's significant.
929
00:50:06,120 --> 00:50:08,600
Like significant.
I don't know what the hell to do
930
00:50:08,600 --> 00:50:09,760
with it.
We're working on that.
931
00:50:09,760 --> 00:50:12,600
That's significant, right?
But the bounce rate's really
932
00:50:12,600 --> 00:50:14,560
high too.
So we're working on that too and
933
00:50:14,560 --> 00:50:16,480
changing pages and moving things
around.
934
00:50:16,480 --> 00:50:20,440
So yes, Nick, they were
considered, but that's not the
935
00:50:20,440 --> 00:50:24,800
one thing It was I, I presented
the entire ecosystem.
936
00:50:24,800 --> 00:50:27,440
I have a whole page.
It's a three page document.
937
00:50:27,640 --> 00:50:31,360
I have a whole page that are
that are reviews the people have
938
00:50:31,360 --> 00:50:35,640
left me ratings and reviews of
the show so that the sponsor
939
00:50:35,640 --> 00:50:38,520
could read what people were
saying and they go back to the
940
00:50:38,520 --> 00:50:40,360
very beginning and to the most
recent.
941
00:50:40,840 --> 00:50:43,960
You know, I gave a full page of
analytics where we were listed
942
00:50:44,240 --> 00:50:47,080
where you can find us.
The website statistics is much
943
00:50:47,080 --> 00:50:50,800
other demographics I could
provide from, you know, Apple
944
00:50:50,800 --> 00:50:54,040
and Buzz Sprout, including our
consumption rate, which is 84%.
945
00:50:54,320 --> 00:51:01,280
But to your question mark, on
average we get 200 downloads per
946
00:51:01,280 --> 00:51:04,400
episode.
In the first week, we get about
947
00:51:04,400 --> 00:51:08,640
100.
So the Trend Report is a small
948
00:51:08,800 --> 00:51:11,640
podcast.
It's a small podcast compared
949
00:51:11,640 --> 00:51:14,360
to, you know, DR's favorite
personality.
950
00:51:14,600 --> 00:51:17,480
We're a really small podcast.
I'm really proud of what we've
951
00:51:17,480 --> 00:51:21,000
created and what we've done and
the fact that every time we
952
00:51:21,000 --> 00:51:24,440
publish an episode, we have 100
loyal people that come back and
953
00:51:24,440 --> 00:51:28,520
listen in the first seven days.
I love it.
954
00:51:28,680 --> 00:51:31,480
Thank you, Sid.
I'm glad I asked that question
955
00:51:31,480 --> 00:51:34,640
because I think that makes you
even more relatable in your
956
00:51:34,640 --> 00:51:39,240
situation, even more relatable.
And I hope give some people some
957
00:51:39,240 --> 00:51:42,880
hope and pause about what
they're doing, including yours
958
00:51:42,880 --> 00:51:45,520
truly.
So thank you for sharing that,
959
00:51:45,600 --> 00:51:48,040
Sid.
Mark, I wanted to add something
960
00:51:48,040 --> 00:51:50,440
there because it encapsulates
the discussion.
961
00:51:50,680 --> 00:51:54,800
So if Sid is getting 200
downloads per episode, imagine
962
00:51:54,800 --> 00:51:59,640
if he went to the CPM route, he
would be making zero O.
963
00:51:59,640 --> 00:52:03,120
This just proves if you're a
small indie podcaster and you've
964
00:52:03,120 --> 00:52:05,320
built a family and that's what
Sid has built.
965
00:52:05,520 --> 00:52:10,440
Sid has built a family.
You can use that family to
966
00:52:10,440 --> 00:52:14,000
benefit you financially.
You just have to understand what
967
00:52:14,000 --> 00:52:16,520
you're doing.
Don't get in that race to the
968
00:52:16,520 --> 00:52:20,680
bottom of CPM, but use that.
Build those relationship with
969
00:52:20,680 --> 00:52:23,280
your family.
Fantastic job Sid, and this is
970
00:52:23,280 --> 00:52:26,280
like the mic drop moment.
If you're an indie podcaster,
971
00:52:26,440 --> 00:52:29,320
you can do this, you can make
this happen.
972
00:52:29,480 --> 00:52:32,640
You just have to think about
what is the value you're giving
973
00:52:32,640 --> 00:52:35,480
to your audience and then what
is the value they're expecting
974
00:52:35,480 --> 00:52:37,520
from you in return.
But make sure you measure
975
00:52:37,520 --> 00:52:39,680
wisely.
Make sure you pick the right
976
00:52:39,680 --> 00:52:43,560
sponsors also, because what you
don't want to do is put your
977
00:52:43,560 --> 00:52:45,600
gold out there in front of
somebody that's going to take
978
00:52:45,600 --> 00:52:47,800
advantage of them or not be a
good fit.
979
00:52:47,800 --> 00:52:50,360
So this works both ways.
You want to find the sponsor,
980
00:52:50,560 --> 00:52:52,800
but don't.
Don't put yourself out there for
981
00:52:52,800 --> 00:52:55,440
something that's not going to be
a good fit for your audience.
982
00:52:56,640 --> 00:53:00,520
Thank you, Ralph.
Listen, gang, I think we are out
983
00:53:00,520 --> 00:53:02,560
of time and we have more
questions to get to.
984
00:53:02,560 --> 00:53:06,600
So the plan is we will get to a
couple more of these tomorrow on
985
00:53:06,600 --> 00:53:09,280
the show, bright and early, 7:00
AM Eastern.
986
00:53:09,280 --> 00:53:13,280
And then of course we'll wrap up
tomorrow and the week with our
987
00:53:13,280 --> 00:53:17,560
wins from this past week.
So bring your questions, bring
988
00:53:17,560 --> 00:53:20,800
your wins tomorrow.
We don't want to just hear from
989
00:53:20,880 --> 00:53:24,480
our usual cast and crew.
We want to hear from you too.
990
00:53:24,480 --> 00:53:27,160
So please join us.
You can get all the information
991
00:53:27,160 --> 00:53:29,720
and all the different ways.
You can join us in the show
992
00:53:29,720 --> 00:53:34,160
notes or just go to
podcastingmorningchatcom.
993
00:53:34,280 --> 00:53:38,760
So until tomorrow, make it a
great day everybody take care.