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podcasting industry tips

Podcasting expectations for beginners

When I first started podcasting, I thought that I was going to hit the jackpot with one of these super popular shows and rake in thousands of dollars of sponsorship advertising.

Haha, it hasn’t happened (yet). But, I am 100% glad that I started podcasting.

I want to set some expectations if you’re a beginner and new to podcasting. I’ll be talking about downloads, progress, and monetization. This post won’t be too long.

Let’s get started!

1. How many downloads can you expect?

This is exactly what I was wondering seconds before I hit the launch button and published my podcast into the iTunes marketplace.

According to Rob Walch, VP of podcaster relations at Libsyn and the School of Podcasting blog,

“In September of 2013 a podcast episode that has been live approximately 30 days averages 141 downloads. If you have over 3400 downloads you are in the top 10%. If you have over 9000 downloads you are in the top 5%. Lastly, if you have over 50,000 downloads per episode (again after having it live for 30 days) you are in the top 1% (this would be the Marc Maron, Adam Corrola, Jay Mohr, etc).”

According to this quote and other research I’ve done online, the average podcaster is getting 150-200 downloads per episode in the span of 30 days.

I currently have 81 episodes of my show out.

I’m averaging between 300-400 downloads for my episodes, with my highest at 800 downloads.

2. How much income can you expect?

There are a lot of ways that you can make money from your podcast. Right now, I’m mainly doing sponsorships and driving traffic to my own products and services.

Based on sponsorships, you can charge $25-35/1,000 downloads for one spot on your podcast. You can include a spot at the beginning and middle. Some podcasters will also have sponsorships at the end.

Considering that the average podcaster is getting 150 downloads per episode, you could be making about $8 for each show. If you were to release 5 shows per week, that would be about $160/month. By the way, when I increased my podcasting to twice per week, I saw a huge jump in downloads.

If you’re doing 1,000 downloads per episode, making $50 per episode, and doing a 5 day a week podcast, you’d be seeing a grand total of $1,000 per month from sponsorship income.

As you can see, the sponsorship monetization route is tricky if you’re going with the standard figures. The gains, like with most marketplaces, go to the top 10% of the performers. If you’re going to be using the podcast to promote your own services and products, then it really comes down to conversions from the audio to a website or email list.

3. How much equipment do you really need?

Personally, I just use the blue yeti microphone, a box that I made with soundproof material, Skype, ecamm call recorder, and my laptop.

my podcast set up

In total, that’s maybe $200 worth of equipment at the very most (not counting the laptop obviously).

You can get started for pretty cheap. In my experience, the real difference between podcasters actually comes with the strength of their voice, their interviewing skills, and the topics they choose to cover or talk about.

Feel free to ask any more questions by leaving a comment below!

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podcasting industry tips

6 Tips for Starting a Transcription Service

I’ve been podcasting for a little over a year now and I’ve really come to value the service providers that help podcasters in this industry.

Whether it’s podcast hosters, plugins, transcription services, or voice over actors, I think it’s awesome that the podcasting industry is growing and becoming more mature.

Having gotten my podcast , I think I have a unique view on what the customer wants when it comes to podcast transcription.

I hope these tips help you set up your company!

1. Create a professional looking website

This point can’t be understated. When I was looking for a transcription service, I’d click off the page of any website that seemed sketchy or amateur. It’s just human nature. We crave professionalism.

I personally use Bluehost to host all of my blogs and websites (some with millions of visitors per year).

Here’s a link to a special intro offer of $3.95/month* + FREE Domain.

website setupAlmost all my sites run on WordPress, which makes it super easy to add functionality with plugins and purchase professional looking themes from a marketplace like ThemeForest or these.

The other great thing about wordpress is that you can add ecommerce functionality to your website and there is a thriving support community, should you have any questions.

However, you can also set up a website with other options like SquareSpace, Wix, or Weebly.

2. Decide on your per minute transcription rate

Even though you could likely charge cheaper rates than some of the mainstream players in the transcription business, I would NOT recommend competing on price.

As a customer, I can tell you that the most infuriating thing is to get back a document that has misspellings or is an inaccurate transcription. I might as well just do it myself.

Most customers that I’ve talked with seem to prize:

  • Accuracy of the transcription
  • Speed of the service or turn around
  • Good customer service and rapid communication.

If you have cheaper rates than the mainstream players, you’re going to put more stress on yourself to find cheap labor and will have lower profit margins to re-invest back in the business.

When I was researching, $1/minute was a pretty standard rate, with discounts for bulk orders. There are a few ways that you’ll be able to earn extra revenue including:

  • Rush fees for customers that want a quick turn around.
  • Verbatim transcription
  • Time stamping
  • Professional document formatting
  • Premium rates for certain categories like medical or legal.
  • Premium rates for multiple speakers and bad audio.

Remember, that you need to keep in mind problems that you might run into with each job and consider fees or how this might impact your rates. This could include:

  • An accented speaker
  • Dialogue in languages other than english
  • Multiple speakers
  • Turnaround time
  • If a customer wants edits or revisions

In my opinion, there are a lot of ways also to expand beyond your initial offering to provide other services in addition to transcription like:

  • Formatting documents into ebook or PDF form with nice design
  • Translating languages
  • Captions on videos
  • Additional add on services that customers can purchase and that you’d earn money on via affiliate commission.

3. Figure out your business systems.

Although you personally could be doing the transcriptions, I’m going to assume that you have someone to fill customer orders and that you’re more of a manager.

There are a few different steps to a standard order process.

  1. Education. The customer learns about your services, the price, and identifies answers to their questions.
  2. Submission. The customer submits their order to you. I would make this as simple as possible. They shouldn’t have to log in or create some kind of account. They are submitting their audio or video file to get an official “quote” or “rate.”
  3. Payment. After you send them the official invoice and they are okay with it and your next steps, you can charge their card. Many services out there simply use paypal for this, but you could also do it on your website.
  4. Delivery. You deliver the order and either have a happy customer or a customer with questions or concerns.

The delivery is a great opportunity to encourage the customer to leave a review of your services or to commit to future orders. They could even share a message on social media in exchange for access to a digital product or discount code.

For example, they could get some kind of goodie if they leave a review or a discount that is valid for a certain number of days.

Before I say the next thing, just remember that I’m not a lawyer or an accountant, and that this blog post is simply my opinion.

That being said, if you’re new to business, it’s absolutely crucial that you are diligent with your accounting and setting up your business entity (I have an LLC). Make sure to track all expenses and revenue. If you’re paying consultants or contractors, you may need to issue them a 1099 or other documents at the end of the year.

4. Stand out from the crowd

There are so many transcription services out there, so the question is how are you different? Since it’s easy to set up a professional looking website, that can’t be your differentiator.

You have to be different in the eyes of the customer based on the value that you bring to their business. Here are a few ways to stand out:

  • Your service is for a specific group of people, like podcasters.
  • You offer free content to help the groups you serve. This is known as content marketing.
  • If serving podcasters, you offer to review their podcast for free.
  • Money back guarantees to assure visitors of the quality of your services
  • Offer a program or discount for certain consistent customers who want transcription service regularly.
  • Educate on the value of transcription with blog posts and youtube videos.
  • Have a social mission where you’re also helping a cause.
  • A surprise that’s delivered with the transcription, like a free guide or access to a certain portion of the website.
  • Webinars for your target market.
  • Writing LinkedIn or Medium posts.
  • Other ways to market on a budget.

Really, you should be viewed as a partner in your customer’s business. You stand out with how you make them feel, the value you bring to their company, and the emotional connection that you form with them.

By the way, I’ve already written a very comprehensive article on how to improve your SEO.

5. Build relationships with key influencers

The name of the game is relationships. It’s a long term game, but it pays off big time.

Let’s say you’re going after a the podcasting niche. Rather than trying to force your service on podcasters or shout as loudly about it as you can, get to know the key players in the market.

Who teaches about podcasting?

What podcasts are popular in the industry?

How can you bring value to these people?

Why not invite them to try out your service for free and, if they like it, share it with their followers? You could even send them a free gift to entice them to write a review, like a new podcasting microphone.

The more people in an industry that you form a positive relationship with, the more likely they are to recommend you to a friend, which will lead to traffic, links, and revenue.

Remember, this won’t happen all at once. It takes time. But it’s a great competitive advantage over other service providers.

I use tools like Buzzsumo to identify influencers. You can also just see which individuals people are following on Twitter, Instagram, and other sites.

6. A final word on customer services

I’ve said this in the past, and often times entrepreneurs that I’ve mentored will come back and tell me they wish they listened to what I’m about to say.

Online, your reputation is your business.

I run an online forum and I can’t tell you the number of angry emails I’ve gotten from business owners, demanding that I remove a negative review that a user wrote on one of my forums.

Always be as thorough and quick as you can when communicating with your customers. Often times, customers are simply wondering about the status of their order or have questions and rather than getting the answer from you, they begin to worry and form their own conclusions.

Usually, a customer will take to a message board, social media, or their own blog when they feel wronged. Be sure to shortcut those emotions before they form into a negative action or media hit that could hurt your business.

Good luck!

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What I did to get 20k podcast listens and 10k blog views in 2015

What’s up podcaster! 🙂

Welcome to my site, where I talk about podcasting and share what’s working for me!

I hope you had a great 2015 and are working hard on your podcasting goals for the new year.

Before I share exactly what I did to get all of these podcast listens and views on this blog, I want to remind you that downloads and traffic are only numbers.

You must decide which metrics you actually care about. For some people that could be dollars in the bank. For others, it could be the number of emails from listeners, saying “You rock!”

That being said, let’s get down to business. Here are my Libsyn stats from the start of my podcast until the last day of 2015.

libsyn 2015

These downloads represent the number of times my podcast was listened to this year.

Now, I’ll share how many blog views this blog got this year. I also started it at the beginning of the year.

podcasting blog stats

Aww yeah! Over 5k visitors for 2015! I’m proud of that :).

That means that over 5k people have benefited from this blog in some way and been helped on their podcasting journey.

If you really want to get the most out of my stats and resources, take a second to share your email address so that I can start sending you my newsletter with great resources and bits of wisdom.

So it’s great that I got these downloads and views, but how can you do the same?

How can you grow a blog from nothing into a website that has thousands of visitors?

How can you get your podcast to do thousands of downloads?

These are all great questions. I’d recommend getting started with the resources below.

1. Getting started with podcasting (great guides)

2. Making money from your podcast

3. Promoting your podcast (here’s how)

4. Common podcasting mistakes to avoid

5. Speaking and voice tips to engage your listeners

After you’ve checked out a few of these lessons, you’ll get a better idea of some of the techniques that I’ve learned this year.

All of these resources and tactics helped me grow my podcast to 20k+ listens for the year.

But, there are strategies that I didn’t share in the posts above. The first one that I’ll say is…

Leverage show mentions

What I mean by that is, if you mention someone during your show, send them an email and ask them to share the podcast episode!

If you have a guest on your show, specifically ask them to share the podcast when it comes out.

You can’t afford to be shy or just hope that they’ll see it and share it. You have to be direct.

Drive traffic to previous shows

Some of the podcast episodes that I did early in the year continue to get traffic. That’s because I still promote and mention them.

According to Derek Halpern, an online marketer and entrepreneur, you should “Create content 20% of the time. Spend the other 80% of the time promoting what you created.”

I agree with this statement, particularly for evergreen content or content that continues to hold its value over time.

It depends on the type of show that you have, but for me, if a I mention a particular topic I can say something along the lines of “and if you want to learn more about ___, check out episode ____.”

Good copywriting improved my download numbers

The title of your episodes matter! The way in which you describe an episode matters. How you tease an episode matters!

When I deliberately took time to write good episode titles and write out attractive descriptions that highlighted the benefits of listening to a particular episode, my download number improved.

Remember, we live in a world that is competing for everyone’s attention. Why should they listen to this episode? Why now? What value will it bring them?

This also holds true for the intro to a new episode, or when you mention another episode that the listener should check out. Always highlight what they’ll get out of the experience.

Rank well in a marketplace, but get people on your email list.

There are huge benefits to ranking well in a marketplace like iTunes, Amazon, Google, or YouTube.

In a marketplace, there are visitors out to consume content and creators who produce it. When you rank well, you’ll be easier to find and you’ll have more authority for standing out among so many creators.

At the same time, you can’t depend on your rankings in any marketplace that you don’t control. Yes, this includes social media marketplaces like Twitter and Facebook.

Therefore, the only reliable way to build a sustainable audience is to get them on your email list. This way, you can continue to have a relationship with your audience, even if your rankings fall or your site crashes.

Having an email list has let me notify interested audience members of new episodes and drive traffic to specific episodes. It’s a very powerful tool.

That being said, I do want to work more on providing attractive reasons to subscribe to this blog’s email list this year!

Consistency creates habit

Habit formation is the cornerstone of audience and customer development. Just think of McDonalds or Starbucks. People know what to expect, and are therefore much more likely to go to one of these locations then one they haven’t heard of before.

In addition, (this reference may not be true of you millennials), but people used to tune in at specific times for news shows or watch TV shows on specific days because, over time, they learned that that’s when they aired.

By putting out content consistently, you’ll begin to develop habits in your audience. They’ll know that if it’s a Monday, there’s bound to be a new show up, or that if it’s Sunday and they’re bored, you’ll have a new show up.

Try not to leave your content creation to chance. I did this when I first started blogging.

Instead, Create a schedule (ugh, I know it’s not fun). It’s effective if you want to be a serious creator or podcaster.

Provide social proof around specific episodes

Remember, your goal isn’t to market the podcast as a whole. Your goal should be to market specific episodes.

It’s great to say that the podcast has been downloaded so many times or that you might have had such and such guests on. But why does this episode matter.

I found that a good way to provide social proof for my podcast is simply to communicate the credentials of the guest. Just because I know that this is a good guest doesn’t mean that other people do.

Your tone of voice and speaking style will also add social proof to episodes. If you don’t believe me, just think about how you’d speak differently if you had a major industry-related person on your podcast.

You’d be far more excited, which would make listeners more excited, and they’d realize that it’s super lucky you got this guest to come on and it’s going to be a great show.

The art of the ask: get iTunes reviews

I’ve read up on iTunes reviews. Some podcasters say that they play a big role in the algorithm. Others say that they don’t play that big of a role.

Personally, I think that the frequency and recency of iTunes reviews do play a role in the iTunes marketplace algorithm.

So, how do you get more reviews? Ask specific people. Email them. Email your guests. Ask your friends. Ask your audience in the most direct way possible.

I’ve been experimenting with reading out reviews that I’ve gotten as a way to remind people to leave one themselves, or to add social proof to the show for new listeners.

I also highlight the benefits of leaving a review, like you might get a shout out, I use it as feedback, and it will help out the show, which is free.

Just by asking people and reminding listeners, I’ve been able to get 30+ reviews. Not bad, but I could be definitely doing better on this front.

Okay let’s talk blogging – how do you get views?

Strangely enough, there is a lot of overlap between blogging and podcasting.

I’ll break it down for you. Here is the one thing you need to know…

You must either be entertaining or informative. You must either make people feel emotions (smile) or be useful to their life.

At some point, I’d love to do more entertainment related content on YouTube or other mediums, but at the start of my career I decided to focus on the informative side, since that’s my strong suit.

Simply by being helpful and sharing what I’m learning, I’ve been able to get almost 10k views on this blog in the first year.

This blog is by no means a central focus for me. It’s more of a side project/hobby and I want a record of what I’m learning while I’m progressing in the podcasting world.

Remember that the category of your blog, the competitiveness in the industry, the quality of your content, your writing skills, and how good you are at marketing will all impact your results with blogging.

You shouldn’t expect to get views right off the bat, unless you have a pre-existing email list, are willing to spend advertising dollars (not smart for a blog in my opinion, but good for a product), or are super aggressive on the promotion front.

As you continue to be useful over time and develop a reputation in your niche, you’ll begin to see more people trickling in, as long as you have good content.

Can you make money from blogging and podcasting?

Okay so I already linked to my podcasting monetization strategies above. With regards to this blog, I’m not really making any money, and I’m not really trying to at this point.

blue yetiThe ads on the website are enough to pay the server bills and I’ll link to some affiliate products that I use myself, like the Blue Yeti Microphone, which I’ve been using to podcast with all year, but it’s not a meaningful source of income at this point.

I’m also not really trying to push it too hard. In the future, I might release an informational product, like an ebook that goes more in-depth with some of the tactics I use, but I’m in no rush. I’m still learning and honing my podcasting skills.

That being said, remember that this is all relationship building. I’m not podcasting at all to make money. I’m doing it to build a more intimate relationship with my audience and improve the quality of their lives.

For anyone whose successfully worked hard at something for a long time, you’ll know that what keeps you going isn’t the money at all. It’s the feel of satisfaction that you’ve helped people in some way, made an impact, and pushed the world forward.

My new years resolutions for podcasting

For the new year, I’m going to continue to improve my podcasting and marketing skills. I want to get better at speaking, modulating my voice, adding emphasis, and being spontaneous when I’m talking with a guest.

I also mentioned in other blog articles that I’ve started to do some YouTube videos and Periscope live streaming videos to promote specific episodes. I’m going to continue with that, because I actually do love being on camera, though it is a little anxiety inducing!

Writing has always been a very comfortable way for me to express my thoughts and feelings. I want to make speaking second nature so that I can accurately paint a picture in people’s minds on the spot and cause them to feel emotions like joy, happiness, awe, or surprise.

What are your goals for the new year?

Let me know in a comment down below!

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8 Important Speaking and Voice Tips For Podcasters

Why did you get into podcasting?

There are a lot of reasons I did, but one was that I wanted to share my voice with the world!

My name’s Sal and I recently did a podcast with an expert voice coach (which you can listen to here), and I’d like to share some of the things that I’ve learned!

voice expert

Don’t forget to subscribe to this blog, to get more tips and my monthly podcast traffic stats :).

Here we go!

1. Slow down when speaking

Chances are, you’re speaking too fast. I have this problem more than anyone. I want to hold everyone’s attention and get out a bunch of information, as quickly as possible.

But, when you rush, stumble over your words, and use up your breath before you’re done with your message, you’re sacrificing quality for quantity.

The key here is to deliver a message with proper emphasis so that you’re listeners really internalize it. It’s not to just broadcast at them like a talking head.

For me, and some of you out there, speaking quickly is a defense mechanism because we’re afraid of losing someone’s attention.

You shouldn’t be spewing out words, like you’re a fervent talk show host. You should be speaking TO the listeners, like they are your friend. That’s how you’ll engage them.

2. Use pregnant pauses for emphasis

If you’re like me, you also fear silence.

But, watch any charismatic speaker and you’ll see that they use silence to their advantage.

They use pregnant pauses to emphasize key messages, take a breath to get ready for a next segment, or make the listener really take in what they just said.

Pauses create variety, which keeps the listener guessing and tuned in to your frequency. If you’re constantly going at one speed with little variety, it becomes much easier to tune you out.

3. Pay attention to your speaking volume

Even if you’re confident, a weak speaking volume can communicate fear, anxiety, or discomfort.

Don’t shout, but make sure that you’re speaking assertively and not trailing off. Don’t speak as though you’re looking for validation. Don’t make the listener strain to hear you.

You can also always do some audio editing to improve the base or volume of your voice.

The key here is to develop a natural speaking volume, which communicates confidence and is pleasant to listen to.

Once you have that, then you can vary your volume or pitch to emphasize points to keep a listener’s attention.

4. Be upbeat and positive

There’s no doubt that we should always be ourselves, but when we’re in public or communicating via a public forum, we should be our BEST selves.

We naturally want to listen to people who are upbeat, positive, and give off good vibes. We don’t want to listen to someone at a party who is a downer, sad, uncertain, or gives off low-energy vibes.

I hate to say that, but it’s true, and I’m actually part of the latter category.

Spend 30 minutes before the podcast episode preparing yourself to be positive, happy, and energetic.

Get yourself riled up and passionate. I like to run over talking points to warm up my vocal cords, but you could also listen to music, chat with a friend on the phone, or get some coffee.

5. Pay attention to how you’re breathing

If your vocal cords are the strings of a violin, then your voice is the bow.

Your breath is what powers the machine. You need to be in control of it if you want to speak effectively and have proper intonation, speed, and pitch.

I noticed that when I’m nervous, I naturally breathe differently than when I’m calm. This effects my speaking speed and the above mentioned variables. Therefore, when I’m nervous, I need to consciously be aware of my breath and make sure that it’s consistent, regardless of how I’m feeling internally.

The name of the game is to disconnect your emotions from your pitch, tone, volume, breathing, and etc if they are not playing to your advantage.

Ideally, your emotions should be in sync with how you SHOULD be sounding (excited, enthusiastic, confident, calm), but that’s not always the case, so you need to recalibrate.

6. Your voice = your personality

When I first started, I thought that the most important thing about delivering information is the quality of the information. But that’s not true.

It’s also about the carrier of that information. It’s about their personality (particularly if you want to sell something).

People buy from and connect with other people, not static content.

If you sound angry, people are going to think you’re an angry person. If you sound meek, people will think your content isn’t good. If you sound excited, people will be excited to listen to the rest of the episode, because something good is going to come.

People use your voice as a cue for how they should be feeling about your content or your message.

Listen to your own podcasts multiple times throughout an interval (like a month). I listen to mine when I edit them, take notes, and when they come out. It gives me a bit more perspective on how I’m sounding.

By having some distance between the time you recorded the episode and the time you listen, you’ll get a more objective view.

7. Tell a story

Although this isn’t a part of voice quality, Tracy Goodwin, the expert I interviewed, is a former actor and she had some great tips for crafting a compelling story.

People connect with stories. I personally think that they are the best way to instill emotions and communicate key bits of information.

By combining varying pitch/volume, you can tell an engaging story that has your listener’s complete attention.

As you’ll notice, this is all about sustaining the attention of your listeners. Stories are a great way to do that, whether you tell them yourself or bring them out of guests that you interview.

New FREE Course: The Perfect Podcasting Voice

8. Forget all of this once you learn it

Lastly, I think that you should forget all of this once you really learn it.

That doesn’t mean that you should stop employing these techniques and paying attention to your breathing, but once it becomes a habit, you should stop thinking about it.

A great speaker doesn’t memorize their speech or constantly think about what they’re going to say next. They’re paying attention to the audience. They’re feeling themselves in the moment. They are completely focused on the task at hand.

Learning technique helps you let go and be in the moment when you’re podcasting. That’s where authentic reactions and serendipitous moments really come from.

If you’d like to learn more, listen to my interview with this expert voice coach and don’t forget to subscribe to this blog for more free content on podcasting!

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My November 2015 Podcast Report (It grew by 28%)

Woah! November was a big month!

What I love about these reports is that I can share insights and discoveries with you, as I become a better podcaster.

If you haven’t read my October report, go read it. 🙂

Okay, so November is the first month where I cracked the 3,000 download count.

I’ll share a screenshot of my Libsyn stats below.

october libsyn stats

I released 9 new episodes in November. which represent 65% of the podcast’s total downloads for the month.

For fun, I took a look at the episode download breakdown for one of the recent spikes, which confirms my suspicions about how my podcast operates.

screenshot downloads chart

This image represents the download breakdown for a single day.

50% of the downloads came from very recent episodes (though not all of the most recent, interestingly enough).

A recent “Ask Sal” podcast segment received about 1/3 the downloads as other episodes, even though it was one of the newest episodes at the time of making this chart, which could point to the topic of the question asked or the format of the segment.

I’m thinking that it’s the topic of the question asked, therefore, the “Ask Sal” episodes will get more downloads in the future and give me some indication of topics that are interesting to the audience.

The reason that I think that is that I’ve had monologue-style podcasts in the past that did well in terms of downloads, so it’s likely the topic of the “Ask Sal” episodes that will dictate their download numbers.

Let’s take a look at the chart for October, November, and then the growth between the two months. Here’s October.

october

This represents the trend line of downloads in October. Now, here’s November.

november

Now, let’s take a look at the growth between these two months.

october and november

As you can see, there is very little growth within a single month, but when viewed at a longer duration, lots of growth.

In fact, the total podcast downloads grew by 28%.

Here are the factors that I think are responsible for the growth:

  • Frequency. Since doubling the frequency of my podcast, I’ve seen much more growth.
  • Titling. I’m getting better at titling episodes in terms of what the listener will get out of listening to the particular podcast episode.
  • Teasing. I’ve been doing youtube videos and periscopes to “tease” episodes and convince viewers to check out specific podcast episodes.

If you haven’t read my other podcast traffic reports, most of my downloads come from my own marketing and promotion, not from the iTunes marketplace.

I have no doubts that titling and teasing have a huge impact on podcast downloads. I think it’s very similar to the youtube marketplace. If you title a video well or have a great thumbnail, it prompts clicks. Same goes for blog posts and podcasts.

Although I have yet to experience a recurring stream of downloads for a particular episode, aside from my own marketing, I could see that happening in the future, depending on the search volume on iTunes for certain terms. I really wish they released that data.

Basically, the name of the game for my podcast (though your category or subject may differ), is lots of new useful content.

Even though listeners will look at old podcast episodes, most of the downloads are coming from new ones. But! That’s good for advertisers.

One question I’d like to answer in the future is when I’ll hit that plateau or get diminishing returns.

I think that I could deal with hitting that plateau by incorporating multiple episode styles within one podcast, like having some episodes be “ask sal,” some be interviews, and some be heavily edited story-based narratives or monologues on specific days.

Who knows!

Let me know a bit about your podcast in a comment down below!

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Review of Amazing Transcript Transcription Service

If it’s your first time coming to my website, my name’s Sal and I’ve been podcasting for nearly a year at the time I’m writing this.

Originally, I was going to do my own podcast transcriptions, but (big surprise), it was very labor intensive and far more work than I could handle.

I transcribed one or two of my early podcast episodes, but after that I basically stopped offering a transcription for my podcast.

That is, until I started to grow my podcast and got a bunch of sponsors for the show. I’ve been getting more readers asking “Do you offer a transcript for the show,” and, unfortunately, I had to keep saying “no, not at this time.”

Finally, I decided to offer a transcription for popular podcast episodes at a very low price. It costs money, after all, to have your podcast transcribed.

I don’t know if this will be received well by my audience, but I do know that the transcription service I used was pretty good, which is what this review is about!

I found  on google, simply because they rank well for key terms.

I couldn’t really find any good reviews on them, aside from those on their website, which you can never really trust, so I just decided to try it out.

The Submission Process

Basically, you upload your mp3 from their website, provide your email, and after they receive it and look it over, they’ll send you a paypal invoice. After you pay it, they say they’ll deliver it in 24-48 hours. The one thing I liked about this was there was no going through the hassle of “creating an account” to use the service.

After I submitted the mp3 file, I got an email saying that they had received it and then a little bit after, they gave me a quote in terms of how much it would cost to do the transcription. I’ve shown those two below.

Note: This transcription service seems to be a subsidiary of Vanan Services.

It ended up costing $39.60 with a transaction fee of $1.98, or total of $41.58.

I approved the cost and then they sent me a paypal invoice for that amount, which I paid.

A day later, they sent me the transcript of the podcast, and it was pretty accurate, which impressed me. I was expecting (but hoping there weren’t) a lot of misspellings.

They asked for feedback, so I sent a message back saying that I wish there were spaces in between the paragraphs, even though it was double spaced. They wrote back pretty quickly with an updated document with spaces between the paragraphs!

So, I was happy with my experience. I would . Hope they maintain this price, level of quality, and customer service as the podcasting industry continues to grow. Please share your experience with them as a comment.

Also! I ended up formatting the text that they delivered with iBooks Author, which I’ve found to be a great way to create a high quality looking PDF. I’ll attach a screenshot of the PDF that I made below.

Screen Shot 2015-11-20 at 2.22.12 PM Screen Shot 2015-11-20 at 2.22.22 PM

Thoughts on including a transcript for your podcast

I do really enjoy podcasting, but I’m not an expert at podcasting by any means. I’m a regular guy figuring out this whole podcasting business.

Ideally, I’d love to offer these transcripts to my audience for free, but at the moment, I can’t justify the cost of transcription unless I charge a bit. I don’t know if I’ll continue doing that going forward, but for now that’s what I’m testing out.

Don’t forget to leave a comment telling me about your podcast!

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podcasting industry tips

How to create your own podcast

What’s up podcasters! My name’s Sal. Thanks for coming to this fast tutorial, where you’ll learn how to start your own podcast.

I have been podcasting for almost a year and have grown my podcast to over 2,000 monthly downloads with 3 repeat sponsors.

But, enough about me, let’s talk about you!

Before we get into the tutorial, I want you to leave a comment down below (yes I read them), letting me know a bit about the podcast that you’re thinking of starting.

This way, I can help you more effectively! Alright, let’s get started.

1. Choose the style of your show

There are a lot of different types of podcasts out there. Your podcast is either going to be:

  • Entertaining
  • Informational, educational, and helpful (the format of my podcast)
  • Based around commentary

The goal of your podcast will inform how you go about getting listeners and market the podcast to a wider audience. It will also affect how you monetize it.

For example, if you are looking to create a podcast that brings on guests to teach a subject, like raising a child, then you could also pitch your consulting services, an ebook, online course, or cool game that all parents should try (for which you’ll get a commission).

However, if you’re doing a comedic podcast where the goal is to get your listeners to laugh, you might have a monetization strategy based around sponsors or funny swag that you sell on your website.

That brings me to the next point. Your podcast is either going go:

  • Be focused on you. You’ll be the only one speaking.
  • Be guest-centric. This is the format of my podcast. I bring on guests that share their marketing knowledge with my audience.
  • Have multiple commentators. I have been invited on podcasts like this, where we’d discuss events in the news.
  • Be story-led (like Serial or the StartUp podcast). This type requires a lot of editing and preparation for each episode.

Although these aren’t strict categories, as I’ve definitely noticed overlap in the podcast marketplace, they will give you an idea of the different types of shows that you can create.

2. Choose a hosting provider

You need to host your podcast files somewhere. I don’t recommend doing this on your own website. Not only is it difficult to figure out, but if you mess up or you start to see a lot of traffic, it’s going to slow down your website and comes with a whole host (no pun intended) of problems.

Instead, you should choose a hosting provider, like Libsyn, SoundCloud, or one of these.

Your hosting provider will deliver the RSS feed that iTunes will use to update your show and they will host your media files. They’ll also give you basic statistics on how your show is doing.

I personally use Libsyn to host my podcast. Haven’t had any issues. Although their user interface is a little outdated, it works fine.

You can always just host your podcast on YouTube, but if you want to get into the major marketplaces like iTunes or Stitcher, you’re going to need to go with a hosting provider that will generate an RSS feed for your show.

3. Buy your podcasting equipment

Heads up! I am by no means an expert in this area. I can just tell you what I use for my podcast and then link to what the experts recommend.

Equipment I use:

You can listen to the audio quality of my podcast here.

I’m going to link to two articles below that have a great overview of podcasting equipment

I wouldn’t recommend going all out buying equipment if you’re new to podcasting. You don’t need a super expensive microphone. As you get better and more knowledgeable about the equipment, you can level up, like a video game character.

4. Get familiar with audio editing

This was probably one of the most intimidating parts of podcasting for me at first. I had NO IDEA where to begin. I was like:

no idea

Basically, it comes down to two pieces of software (unless you’re getting fancy).

I mainly use Garageband to edit my podcast flow and then if the audio needs to be cleaned up a bit, I’ll put it through audacity to remove background noise, compress the audio, and change the base to 6.0 (the video explaining this).

If you want to get REALLY serious about podcasting and care deeply about the audio quality, then I’d start learning as much as possible about how to manipulate sound with Audacity.

You can either learn directly from the Audacity website, find a tutorial on youtube, like this one, or learn from a website, like this one.

5. Get ready for your iTunes launch

The iTunes “new and noteworthy” section is the holy grail of a successful iTunes launch in your podcast category.

If you do well, you could attract listeners and subscribers from the iTunes marketplace and set the groundwork for a successful podcast.

For a great launch you’re going to need:

  • Attractive cover art
  • A consistent podcast schedule and backlog of episodes
  • A high quality intro

Here is a good outline of what you’re going to need to do to get in the new and noteworthy section. I’ll also include a slideshare on the topic below.

I personally designed my podcast’s cover art. I used Fiverr to create my podcast intro. Finally, I try to schedule at least a month’s worth of podcasts ahead of time. Right now, I have two new podcasts posted per week.

6. Plan for longterm momentum

Your podcast might get a boost from your initial prelaunch activities, but then you’re going to have to figure out how to actively market and grow your podcast.

I put together a free marketing plan that you can use to promote your podcast. It goes through everything from social media marketing to optimizing your keywords.

If you’ve never done any internet marketing in the past, you’re going to get a crash course into how to capture leads, drive traffic, and build an audience.

Other than the advice that I mention in the marketing plan, I’ll list a few tools that I use to coordinate the marketing efforts for my podcast:

  • Buffer to automate and schedule social media.
  • Mailchimp to manage my email list of 10,000+ subscribers.
  • WordPress + BlueHost to make my blog/website and schedule podcast blog posts to go out throughout the month.
  • For WordPress, I use optinskin and optin monster to capture email addresses.

Finally, since my show is guest-driven, I willingly put my email address out there a lot so that guests can contact me if they hear my show or come across my website and want to come on an episode.

7. Improving your voice.

We live in a world of infotainment. You can’t just deliver great content any more. It also has to be engaging, even if you’re not doing an entertainment-related podcast.

When I first started doing podcast episodes, I came across as monotone, hesitant, rambling, unenthusiastic, and low volume.

Since then, I’ve done a few things that have dramatically improved my voice quality and energy levels. Here’s what I’ve done:

  • Come up with a list of 10 go-to responses and 5 go-to stories or remarks that you can make if you need to buy some time to think of your next point.
  • Start speaking constantly 15-30 minutes before doing the podcast. It will get you in a talkative mood and your brain will start getting used to translating your thoughts into words.
  • Slow down. SLOW DOWN. The more time that you take to get your message across, the better the quality of those words. You’ll be able to stress certain portions of the sentence and emphasize key points. It’s harder to do if you’re speaking a mile a minute. Also, if you’re speaking a mile a minute, you have to come up with original thoughts at a mile per minute, and you can run into an awkward pause.
  • Speak louder than you think you should. It should feel a little awkward. You shouldn’t feel like you’re shouting, but definitely that you’re speaking louder than normal.
  • Pay attention to your breathing. I had the problem of trying to fit too many words into not enough breath.
  • Use pregnant pauses. Pregnant pauses are an awesome way to emphasize points. Being comfortable with three seconds of silence is also a good way to weed out verbal crutches, like “um” “you know” and “erm.” I’m still working on this.
  • Pay attention to your tone. Does the pitch of your voice decline towards the end of the sentence? Do you trail off? You want to develop a consistent volume and tone that you can emphasize or detract from to make key points. You don’t want to change your volume or tone due to uncertainty or nervousness.
  • Be 2-3x more enthusiastic than normal.
  • Laugh. It’s okay to show your emotions. It makes you come off as more human.
  • Make a conscious choice to develop a wider vocabulary. A lot of podcasting comes down to storytelling and you need rich language to do that.

8. Monetizing and the role of podcasting

If you’ve been reading this blog, you’ll already know that I’ve put together a monetization guide here.

I personally monetize at the time of writing with sponsors, affiliate links, and my products/services. I use podcasting as way to develop a relationship with my target audience by bringing them amazing and useful content.

At the end of the day, podcasting is a tool to develop a relationship with a certain group of people. That could be influencers that you interview or your listeners.

As we all know, it takes time to develop a genuine relationship, but once you do, it’s golden. Especially in such a cluttered world of brands vying for attention.

I think that the future of podcasting is bright. We’re going to look back on this time in history as the golden age of podcasting.

Hope this guide has been helpful! If you have questions, just leave a comment down below and I’ll do my best to answer.

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tips

October 2015 Podcast Traffic Report

In case you missed my report for September, here it is.

I hope that the info in this report and some of my insights will be helpful as you continue to grow your podcast!

Keep in mind that every niche is different and no two podcasts are alike. What might be good numbers for my industry might be horrible for yours.

You might remember that I took a break from podcasting a little while ago to see how it would affect my traffic stats. With this month, I conducted another experiment.

I doubled the frequency of my podcast episodes from once per week to twice per week. I also added a new sponsor (total of 3 – here are my tips for getting a sponsor).

Oh boy, that sure had a positive effect. Here are my monthly downloads over the course of September and October.

sepember and oct podcast downloads 2015

During October alone, I got 2,358 downloads, which represents a 74% increase from the previous month.

I think that part of this increase is due to the doubled frequency, but I’m also getting better at titling my episodes.

I can easily see how a show with a 5 day a week schedule could really rack up downloads, like the Entrepreneur on Fire podcast.

Podcasting vs Blogging

If you’ve been blogging for a little while, you’ll know that there are certain types of articles.

Some articles, like news posts, will see a bump in traffic and then rarely go anywhere. Evergreen content will usually see an initial boost, when you promote it, and then the traffic will stagnate. However, if it starts to rank well in google, then you’ll see traffic start picking up again.

In my experience so far, Podcasting is the latter form of content. You see an initial burst of downloads for new episodes, but then they trail off.

Some of my older podcast episodes continue to get 20-40 downloads per month, but that’s only because I continue to promote them and people discover them on my website, not through the iTunes store.

I have gotten several reports of listeners “binge listening” my content. I do that sometimes with other podcasts and I think that the degree to which listeners binge listen to your podcast could be a great metric for determining whether or not you have a show that’s going somewhere.

However, the vast majority of my listeners discover a single episode because I’ve promoted it or because they got a notification on the their phone that I had a new episode that has come out.

Evergreen Podcasts

Based on the stats that I’ve been recording and from looking at other podcasts in the iTunes store, I think that there is a market for evergreen content podcasts.

This means that you could rack up 10-50 interviews and then just let them sit and continue to rack up downloads as you rank better and better in the iTunes store.

What makes me say that? Well, for one, the Startup Podcast had stopped producing shows for a good chunk of time (3 months) and were still ranking well as a podcast for startups. They are also still in the top 50 in the iTunes business category.

Also, Seth Godin’s startup school podcast hasn’t produced a new episode since 2013 (two years!) and still ranks as one of the top startup podcasts.

Finally, in my own niche, one of the top ranking podcasts has only produced 11 episodes and hasn’t produced a new one in nearly 2 years. And they rank better than me!

Therefore, it would be an interesting experiment to get a library of 10-20 ridiculously useful, awesome, or entertaining podcast episodes in a variety of different niches and just see if you can get them eternally ranked in the iTunes store and profit from the downloads.

For this to work, you’d need a good call to action for each episode (would not recommend sponsors). If you were successful, you’d see a repetitive stream of traffic, similar to if you rank well in google.

However, if you don’t do this, then I think that you just need to keep cranking out new content to continue to make podcasting work as a customer relationship building tool.

Doing a Podcast Teaser on FB/YouTube

I also tested out doing a podcast teaser on FB and YouTube for one podcast episode. For that episode, I’d say that it brought about 5%-10% of the overall download traffic.

I actually enjoyed making the video, so I might do that again. When people see your face, it’s also another opportunity to connect with the listener.

My growth this past month

I’ll reiterate that I think the growth in downloads this past month as compared to September is purely due to the increased frequency of the show. As evidence, here’s the download chart for October only.

october podcast downloads

As you can see, the overall trend line is pretty steady. I’m expecting the same number of new downloads for new podcast episodes that come out in November.

I’m using the episode-by-episode download statistics to really see which titles and types of episodes my audience likes.

I’m also working on my voice.

There are certain things that I can’t control, like the market I’m in or what I’m podcasting about, but I can make it more of an enjoyable experience for the listener.

I’ve been working on improving the strength and confidence of my voice. I’ve been doing this by “warming up” for a good 15 minutes before any podcast interview. This way, I get myself in a talkative mood and also don’t stumble or experience any switching costs as I go from one activity to another.

For me, my biggest things to work on are my enunciation, enthusiasm, and remembering to be myself, not some abstract interview “personality”.

What are your biggest challenges? Let me know in a comment below :).

 

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tips

September 2015 Podcast Statistics Report

Want to join me in my journey as a podcaster? Awesome!

I’m going to be 100% transparent and show you how my show grows over time.

Why? Because when I first started my podcast, this is the info that I wanted out there! I couldn’t find many blogs that were sharing it though…

As you’ll know from my last post, I took a break from podcasting for a bit to see how it affected my traffic.

My downloads definitely went down a bit, but not as much as I thought. However, it certainly slowed the momentum of my show.

Well, now I’m back and am podcasting regularly!

Here’s the first statistic that I want to share. My monthly downloads for September (1,358).

september podcast downloads

Now check out where my listeners are coming from!

podcast geographic stats

podcast countries

podcast region

I expected most of my listens to come from the USA, as that is where most of my website traffic comes from. My podcast is also in english, so it makes sense that the listens would come from english speaking countries.

What surprised me is that a disproportionate number of my podcast downloads are coming from California and the upper east coast.

Is this because people in Cali and the east coast are more tech savvy users, podcast lovers, or just innovative (my audience has many entrepreneurs)? I’m not sure.

Next, let’s look at the technology that people are using to access my podcast.

podcast technology

Apple Core Media refers to people listening to the podcast from their smartphone, the podcast app, or iTunes. I’ll include a more detailed breakdown below.

podcast download detailed

I’d say it’s about 50/50 in terms of the number of people listening from my website vs. their mobile device.

Here are some listening apps I discovered just from pouring over this data:

Average downloads per episodes in September: 200

Number of sponsors: 1

New updates

There are a few new updates going into the next month! For one, I’ve increased the frequency of the episodes to twice a week (oh boy – twice the work).

I’ve also added two more sponsors, along with my core sponsor. I think they are all great resources for the audience. Don’t forget to check out my guide on how to get a sponsor for your podcast.

I purchased a pop filter for my Blue Yetti microphone.

I’m thinking of building a soundproof box that will minimize background noise.

Finally, I’ve been doing periscopes to promote the podcast.

Tools I’m using

Hope this report has been helpful! What are you podcasting about? Let me know in a comment below.

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tips

I didn’t podcast for a month. A surprising thing happened.

I love conducting experiments. If you think about it, all of marketing is experimentation and trial and error.

For the month of July, I decided that I wasn’t going to post a single podcast on my show and see what happened.

podcast stats

Podcast downloads for my show only declined by 235! What does this tell me?

1. Most of the listens are coming from my blog and people that discover my podcasts through social media.

That’s because I’m not ranking well in the iTunes marketplace for my key terms or in any broader category.

2. Listeners are still checking out the early podcast episodes that I released.

The very first podcast episode that I published continues to receive listens (55 in July).

That doesn’t seem like a lot, but when you really stop to think and imagine 55 people in a room listening to your voice, it actually is a good number of prospects and would be a good turnout for a webinar or any event.

This got me thinking. Most podcasts out there aren’t going to be major successes in terms of monthly downloads.

But, I’m coming to realize that you don’t need a high number of new episode downloads in order to take advantage of this new platform.

Podcasting for business isn’t about the number of new episode downloads that you can rack up. It’s about how many relevant relationships that you can develop at scale.

55 individual listeners might not be a lot for a new podcast episode, but the idea of 1,355 people listening to my voice and hearing my message over the course of a month is mind boggling!

In order to really leverage this medium when you have a small audience, your podcast must have a very focused and consistent message or call to action in each episode.

That way, when listeners discover your past episodes, the relationship building continues and they are reminded of certain products, services, or where they can learn more about your podcast’s topic.

Now, if you’re wondering how I actually was able to set up a podcast that has, for the most part, sustained the monthly downloads after not posting for an entire month, then check out my podcast marketing plan here. Hope it’s helpful!

I invite you to share your podcast below so I can check it out!

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