Podcasting is the highest leverage marketing activity you can do, but it's a long game and very misunderstood. People think they need a million downloads to have a 'successful' podcast; not true. At the same time, it's competitive but not as much as you think - hear why.
(0:10) Podcasting $4bn industry in 2024 (IAB)
(1:36) Big misconception new podcasters have: ad revenue
(3:10) 90% podfade
(4:10) Value of a subscriber
(6:00) Power of voice: sound is processed ten times faster than the blink of an eye
(6:25) Podcast subscribers are the most valuable type of follower. Related: You Need All Three: Ethos, Pathos, and Logos in Marketing
(7:30) YouTube Shorts: biggest marketing opportunity
(8:44) Wrong podcast goals
(9:00) How many podcast downloads is good?
(9:30) What is a good completion rate?
(10:00) How many listeners you want (considered purchase)
(11:00) Educated, solvent, interested
(12:05) Client testimonial from Laura (emilybinder.com/call)
Stats:
$4 billion industry 2024 (IAB)
51% of listeners pay attention to podcast ads more than other media (Edison Research)
56% consider purchasing after listening to a podcast ad (Edison Research)
76% convert after hearing sponsored content (National Public Media)
-Spiralytics 1/12/2024
My favorite podcast tools:
ThinkersOne: Send a 2-minute cameo, get a Zoom drop-in or virtual keynote: emilybinder.com/thinkersone
Podcast: emilybinder.com/podcast
Book a call: emilybinder.com/call
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