Transcript
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Ask the Podcast Coach for September 7th 2024.
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Let's get ready to podcast.
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There it is.
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It's that music.
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That means, hey, it's Saturday morning.
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It's time for Ask the Podcast Coach, where you get your podcast questions answered live.
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I'm Dave Jackson from theschoolofpodcastingcom and joining me right over there, the one and only jim cullison from the average guy dot tv.
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Jim, how's it going, buddy?
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greetings, dave.
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Happy saturday morning to you.
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I'll apologize in advance.
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It's roof replacement saturday for me.
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I have folks on my roof right now banging and nailing and scraping, yes, so it's a big man.
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I am a little ways away from them and hopefully it's fairly quiet, but it is that it was supposed to be done.
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Yesterday I was like, oh great, and they're like, I know Saturday I'm like Saturday morning's not great for me, but they don't care.
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They're doing it today.
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Well, what's amazing is how fast that'll get done.
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You sit there and boom.
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All of a sudden you hear this pop, pop, pop, pop, pop.
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And then you're like, okay, that was you know, it's it.
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Yeah, that's the good news, it goes pretty fast yeah.
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Yeah, well, you know the.
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You know what goes good with roofing, there's no transition here A good old, steaming hot cup of Java, and that that Java is brought to you by our good friend Mark over at and Dave is hoping he changed the PDF here.
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Our good friend Mark, yes, he did.
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Over at podcastbrandingco.
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The beautiful thing of Mark is not only is he an award-winning graphic artist and he makes things just look so pretty, is he's also a podcaster.
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So that whole thing where you have to explain it's kind of like an internet radio show.
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Yeah, you don't have to do that with Mark.
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And I know there are things like Fiverr, but you're not going to have a guy on Fiverr sit down with you one-on-one.
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You're not going to have a guy on Fiverr listen to your show.
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He's going to sit down and ask you like, what's the goal of the show?
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He just really wants your brand to be in alignment with your content so that you get maximum impact.
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And it's not just artwork.
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It could be a full website, it could be a PDF, it could be a business card, anything that you're going to put in front of your audience.
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Mark is going to make it look amazing because you got to remember.
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They are going to see you before they hear you, and you don't want your first impression to be something that looked like it was done in crayon.
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You want it to look great.
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So when you're ready to look great, there's only one place to go, and that is, of course, podcastbrandingco and, of course, big thanks to our good friend dan leFebvre over there, based on a true story based on a truestorypodcastcom.
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This week, the movies Rome, geronimo, an American Legend and the Great Northfield Minnesota Raid, which I've never heard of before.
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You can check those out.
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Always great content.
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Dan always does a great job.
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You can check those out today.
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And, by the way, the single movie based on a true story is the Great Fire, which it looks like it's covering the great fire of Chicago.
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You can check those out today, based on a truestorypodcastcom.
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Dan, thanks for your sponsorship.
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You know, it's interesting how words get branded into your head, because as soon as you said fire, I heard butthead go fire.
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I just it's like exactly All right, well, we're going to go, he said.
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But and we're going to go over to last week.
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Our buddy Ralph from askralphpodcastcom it's a Christian finance show he says hey, for next week.
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The question should be how do we change our mindset and stop worrying about downloads?
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Here's the thing.
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If you're not trying to get sponsors, well then downloads.
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That's all I'm saying.
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It really is.
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It's a matter of why do you want downloads?
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Now, part of it is your ego, right, I want to stand on the hill and listen to me, right, I get that, but we can really get for me the stat, if you.
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I just saw somebody in Reddit this morning, in fact, let me throw that up here, if I can find it.
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But people obsess over some of the strangest stuff that I'm just like wait a minute.
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And I guess the one thing is just again going back to your why.
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Why are you doing this?
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And if the answer is, you know, I want to get sponsors, then okay, pay attention to downloads, and if not, again it just no, just, I'm not good, see, here's the thing is.
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If I say the naughty, let's find out.
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Jim, if I say, did you hear me?
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Just say the f word no, oh good.
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No, so I can.
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Actually, it's working all right, it's supposed to leave yourself out yeah, so yeah, I jim thoughts.
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How do you get out of the like obsessing over downloads?
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well, okay, but first of all, I don't think throwing them out is the right answer.
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Like they're important.
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They're an important stat they are.
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It gives you a good indication of where you're at.
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But I guess it depends on what your goal is with that.
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I mean, if your goal is to have monetization using the current you know the models that we have for ad revenue dynamic ad insertion, let me say it that way that we have for ad revenue, dynamic ad insertion, let me say it that way you're going to have a lot of downloads and so if you're going that way and you have to have lots of downloads, your those download stats are important from the sense that, okay, if you're not getting a lot of downloads, you're not getting a lot of revenue.
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So in that case they do matter.
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But you may be in a situation and I think they're way more important when we compare them month over month or maybe week over week.
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I think maybe that's a little too granular, but month over month or quarter over quarter, to kind of see how are we doing, where are we at Now?
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It's just one stat, right, so don't get it's not the only stat that you should be following.
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There's lots of other things you could be doing from both your website.
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You know if you've got Google AdSense on your website and you're tracking things that way, or if you've got affiliate programs, and what kind of clicks are you getting through.
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I mean, our friends at Amazon do a really nice job.
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If you're an Amazon affiliate, they do a really nice job of tracking clicks, and conversions is some of the things that go on over there.
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So that's could be another stat.
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So I don't want to.
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I wouldn't say throw out download stats altogether.
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I think that's too.
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I think that's too radical, right, I think that's like and I get why some people do that.
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They get frustrated and they're like well, I don't want this to matter.
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Well, it does matter.
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Sorry, it's a stat that, but use it as a suite or use it as one, one stat in a suite of stats that you're using.
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But, dave, the overarching question on this always is what am?
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Why am I doing what I'm doing?
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What am I trying to achieve on this thing?
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And then making sure the stats or whatever you're doing with that, whatever you're measuring, are lining up to the goals of what you're trying to do with it.
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Everybody's a little bit different.
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I'm a little hesitant.
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We do this as podcast coaches.
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Sometimes, where we're like, we say words like always, and you should never Like stop saying those things, because sometimes they do matter, sometimes they don't.
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Rather, ask the questions what are you trying to achieve?
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That should be the very first question.
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And listen, if you're just having fun, yeah, maybe you don't have to look at your download stats and it doesn't matter, and maybe in that case, if that is your goal, you never have to worry about it.
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So that question I think that question, dave, is the most important one is why are we doing what we're doing, friends?
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Here's another exercise you can do add two zeros.
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And what I mean by that is let's say you're getting, I don't know, 800 downloads.
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Okay, add two zeros.
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Ooh, now I have to do math.
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In my head that would be 80,000,.
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All right, if it was 800, 8,000, 80,000.
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Yeah, okay, so you have 80,000 downloads.
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That's actually a ton more, but just add more numbers.
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So let's say I have a hundred downloads and now you have a thousand.
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Okay, what are you going to do with those?
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So what, like, like, what's the end thing?
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And you're like I don't know, and if you go, I guess I could get sponsors.
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Well, okay, you know my thoughts.
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It's just when it comes to sponsors, it's not the best way to make money with your podcast.
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Enjoy your $37.50 for that episode.
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And I'm not anti-sponsor because DR brings up a good point.
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Where'd she go About?
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What if you are a smaller show and you can then charge more money?
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Smaller show and you can then charge more money because I've got, you know, men who are 50 that are paralyzed from the waist down.
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Okay, you know, now I can charge cause you've got a product for that person, whatever it is.
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Yeah, I'm, I always.
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I'm not anti-advertising.
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I sure sound like it.
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I've just, I hate when people go.
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I'm starting a podcast and I want to get ads because I want to quit my day job and I'm like that is a long road to go.
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And then, yes, jody says I think it's more about knowing or having some idea whether or not people are resonating with your content.
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Yep, that's it.
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And Chris said the same thing.
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It's about kind of going.
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Are we headed in the right way?
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And I get that.
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And look, I realize when you first start your podcast, you are checking stats on an hourly basis.
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Ooh, I'm up to 14.
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And I get that because you just want to make sure it's working and things like that.
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But yeah, jody says, get very specific sponsors who are assigned very closely with their show and its audience.
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And that has nothing to do with downloads either.
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Really, it's about having a passionate audience.
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Yeah, that's when you have a niche audience and you're not doing you know better help.
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I don't know.
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You know what I mean.
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This is.
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This one makes me scratch my head.
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Randy says my media host does not offer stats by default.
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What are we paying them for?
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Again, you have to opt in for OP3 stats, which is fine.
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I don't look at them very often.
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So I just think it's odd.
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I think he's using RSS Blue, but now, on the other hand, rss Blue makes it really easy because he's doing the M2H2Musiccom show.
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That's Randy Black, and if you want to do a music show with the streaming sats and the switching wallets and all that 2.0 stuff, you know, and in that case you probably don't care about downloads.
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You're watching your sats income, yeah.
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And then, talking about ego, chris says I'm in the top 0.5% on listen notes.
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No one cares ever.
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Yeah, that's when I hate that stat.
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When I hear somebody go, you know, oh coming.
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You know I'm interviewing Jim Collison today.
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He's a top 0.5% podcaster.
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That's when I tend to go.
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But there's a time when I do use ListenNotes.
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I don't do this but I go.
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Okay, that would work because we know ListenNotes measures like millions of podcasts, of which 70% are dead.
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So congratulations, you beat that WordPress podcast from you know 19,.
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You know whatever 2002.
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But if somebody said, where can I see which shows are bigger?
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Like I only want to appear on big shows, which, right there, makes me think you have an attitude maybe problem.
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Like I just I only want to appear on the biggest shows.
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But if that would be a way, as skewed as their measurement is, it is consistent and so, in theory, a 0.5 top podcaster would have a bigger audience on listen notes than one that's in the top 15% or something like that.
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So it's, but to me I'm just like I will go.
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I don't look at the size of the audience.
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The size of the audience, I look does that fit my topic?
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Because I'd rather reach 10 people who are thinking about doing a podcast than be on a show with 100 listeners and they're talking about fish food.
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I'm like, yeah, there might be one person in here that does that.
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I want to share one thing on the screen here real quick.
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This guy just talk about getting sidetracked.
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This guy on Reddit what is your subscriber to download ratio?
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I'm hoping to compare metrics on what an average percentage of subs meaning subscribers, to download an episode is.
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I recently started podcasting in May Remember how we talked about new people tend to get a little upset on this in May and I'm tracking what percentage of my subscriber downloads an episode the percentage of my subscribers download an episode.
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Okay, the data source I'm using is Buzzsprout, subscribers, apple and Spotify.
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The calculation is I get my 30-day download numbers from Buzzsprout.
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I calculate my average daily subscribers, ads, by adding up each daily's individual subscriber count and dividing by 30.
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For example, if I have three days worth of subscriber data, totaling 45 subscriber, then my average daily subscriber whatever ADS stood for, yes, average daily subscribers would be 15, to which I basically.
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I'm not even going to read the rest of this, I just told him, dude, there's a better way to do this, and that's if the goal is.
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I'm trying to see if people like my content.
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The number one way ask your audience.
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Just like hey, now, granted, a lot of times you ask your audience and you just get crickets.
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But just look at average completion rate.
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Because when I saw that, my brain hurt just looking at it.
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I was like and then you take this, divide it by two and then multiply it by pi, and I was like wait, this is getting way, way too nerdy even for me.
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And I'm like look, I love math, but I was like that just sounds like the time spent figuring out your average DS could just be spent hanging out with your potential audience and doing that.
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So that to me was just like focusing on downloads, squared to throw in a math joke, I was just yeah.
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Anyway, jim, I look like.
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I yeah, no, you're fine, you're getting some value out of those sound effects today.
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I really like it.
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I really like it.
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You know we've spent the last year talking a lot about value for value, right, and that always comes in the terms I shouldn't say always, because I just said we shouldn't say words like that.
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Oftentimes that comes in the terms of this value for value where you're getting paid by the listener, right, we think about in those terms.
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But I think you can also think in value for value in terms of your advertiser and when you're listen, when you're giving your advertiser value in your podcast and they're seeing that value in through purchases or through engagement on their site.
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I mean, this is why discount codes work.
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This is why, you know, put in the code here at checkout or let them know.
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You heard us here.
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That's why those things matter right.
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That's why those things matter right.
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It's because an advertiser who spends $50 with you and makes $500 is going to say yes to advertising all the time.
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They're never going to stop right?
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Nobody turns away a 10-time value, right, and even a two-times value is a great return on their investment right now.
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So make sure if you have advertisers, dave, I see this all the time.
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I see podcasters treating their ads like trash, like Dave Clarke yeah, jim Collison, sorry I got to do another ad.
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Dave Clarke, no, not sorry.
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These advertisers are partners with you right Now.
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If you're in the review space, if you're in that space of that influencer space, you got to be careful in that space on how you do this right, your advertisers and then talking about the content and stuff they're giving you.
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That's a whole other conversation, right, but I see podcasters trashing there or just not giving their advertisers value and then wonder why their advertisers walk away.
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You know we complain for a lot of years.
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Leo Laporte, who would do three-minute?
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You know he'd sell a 30-minute spot and he'd do three minutes on it.
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He would give them great value.
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The odds are they.
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That's, in a lot of ways, that's why they kept coming back.
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Now some of them would go for a while and they drop off.
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Advertisers are not going to do it forever.
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Eventually they're going to meet everybody in the space.
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It doesn't, sometimes it doesn't pay to keep going forever.
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Right, you do it for a while, you step out, you come back in.
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But I think that value for value conversation also needs to play in and how are you treating your advertisers?
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Are you giving them value?
00:16:24.162 --> 00:16:27.644
And you should ask them the question what are you see?
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Am I doing the job that you're paying me to do?
00:16:31.586 --> 00:16:35.169
Because that, as a commercial, that's what they're doing.
00:16:35.169 --> 00:16:37.471
They're paying you to represent them, right?
00:16:37.471 --> 00:16:40.134
That's part of the advertising gig that we're in here.
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Are you representing them well?
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Are you doing a good job that they're feeling value out of that?
00:16:45.721 --> 00:16:54.552
Listen, I know that that's not the most popular opinion, because some of you have a very negative opinion of ads playing on shows, but it's a.
00:16:54.552 --> 00:16:56.720
It's another value for value proposition.
00:16:56.980 --> 00:17:10.358
Yeah, I would say, and you have to be careful when you get into the Patreons, the supercast, because that's where you're like well, if you sign up on Supercast, then you don't have to hear those ads and it just sounds like ads and you're like.
00:17:10.358 --> 00:17:13.166
Meanwhile the guy's like didn't I just give you a couple hundred bucks?
00:17:13.166 --> 00:17:14.912
Like what's the deal on that?
00:17:14.912 --> 00:17:17.623
Jim Harreld says I'll include myself in this.
00:17:17.623 --> 00:17:23.471
I think almost anyone who gets into podcasting really has a little bit of a look at me syndrome.