Podcasts have become a powerful and relevant marketing tool that doesn’t require heavy money investments. Read on to find out what it takes to launch a successful podcast to promote your brand.
According to the survey, 59% of people spend more listening to podcasts than surfing on social media. At the same time, 66% of the respondents report that they listen to podcasts more than they watch TV.
Podcast is an audio file that you can listen to on websites and dedicated streaming services such as iTunes, Spotify, and others. Each podcast revolves around a specific topic. Podcasts can take different forms:
Unlike video and text, audio doesn’t require visual engagement which makes it easier to consume. Over the past few years, podcasting has evolved into a strong, fast-growing trend. As of March 2020, more than a third of the adult US population (104 mln) were listening to podcasts on a daily basis. Most people listen to podcasts when commuting to work, doing household chores, or in their free time.
The growing popularity of podcasts has made their marketing potential soar. In 2019, 55.6% of respondents said that they purchased a product advertised on a podcast. In 2021, podcast advertising revenues are predicted to hit the $1 billion mark.
Although creating audio content is a budget-friendly way to advance your brand, it doesn’t mean that you don’t need to do a thorough market analysis before getting your audio product out there. We’ve put together a quick checklist to help you get started without feeling overwhelmed.
1. Microphone. Make sure you have a high-quality USB mic. Focus on the models which allow you to play around with sound effects.
Price range: From 70 USD and more.
2. Headphones. Ideally, your headphones must have the noise cancelling feature.
Price range: From 19 USD and more.
3. Software. You’ll need professional software to record and edit your podcasts. You can use free (Audacity, GarageBand) or subscription-based programs (Adobe Audition).
Price range: Up to 53 USD/month.
Why are you creating a podcast? What topics will it address? Why will people want to listen to what you have to say? Be sure to ask yourself these and other questions. This will help you niche down your podcast and outline your target audience. Figuratively speaking, your niche is the point where your personal interests and your audience’s needs meet. Here are a few tips for choosing a lucrative niche for your podcast.
There is no such thing as the ideal length and frequency of a podcast. It all depends on the subject of your podcast and needs of your audience. Based on a sample of 10 million podcast episodes, the average episode is 38 minutes and 42 seconds long. Here are the key factors to take into consideration when determining the best length for your podcast:
Regardless of your publishing schedule, be sure to release new content on a consistent basis. By releasing new podcast episodes at random times, you risk undermining your audience’s loyalty and losing listeners. To avoid the guessing game, simply ask your audience what frequency works best for them.
Your podcast name must tell your audience what topic or issue your podcast deals with. Here are some smart guidelines for choosing the best name for your podcast:
Your cover art is responsible for the first impression of your podcast. Along with being unique and eye-grabbing, your cover image must reveal the key characteristics of your product.
In the description to your podcast, tell your audience about your product. When crafting a compelling description, consider the following factors:
Music makes an essential part of any podcast. You’ll need soundtracks for intro, outro, and intermissions between different parts of your episodes. Be sure to use music which is freely available for public use (Creative Commons license).
Now that you’ve purchased the necessary equipment, chosen the right topic for your podcast, and outlined your positioning strategy, it’s time to get started with your very first episode.
A podcast starts with a script. Make a roadmap for each episode. This way, you won’t have to frantically fumble for ideas during the actual recording.
A good thing about podcasts is that they’re pre-recorded audio files. You can practice as much as you want by recording the same episode several times and choosing the best version.
To edit your audio file, use the same program you used to record it. Join different parts of the recording into a single file. Add music. Cut out awkward pauses, inappropriate sentences, and repetitions. Use settings to adjust the volume and remove background noises. Once you’re ready with that, move on to customizing technical parameters to ensure a smooth listening experience for your audience.
You can’t just go and upload your podcast directly to iTunes or Spotify. You need to upload your audio file to cloud storage and create an RSS channel for it first.
SoundCloud is one of the most popular platforms for audio files. Upload your episode to SoundCloud, enter name and description, and add it to the RSS feed. Then copy a link to your file, log into the platform you’ve chosen for publishing your podcasts, click “Add” (or any similar button, depending on the interface), and insert the link.
To launch your sales into the stratosphere, think about how you can attract more listeners and monetize your product. The survey claims that people discover new podcasts through the following channels (from most popular to less popular): from other podcasts; friend recommendations; social media and websites; mobile apps; and influencer promotion. For the best result, be sure to use more than one channel to promote your podcast.
Podcasting is a smart way to market your product or service through audio content. It’s high time you tapped into the potential of this promotion method! Come up with compelling topics for your podcast, highlight your competitive advantage, and start building your audience! We wish you inspiration and a loyal listener base!
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Disclaimer: The content on this page is for information purposes only and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.
Written by Team ZenBusiness
ZenBusiness has helped people start, run, and grow over 700,000 dream companies. The editorial team at ZenBusiness has over 20 years of collective small business publishing experience and is composed of business formation experts who are dedicated to empowering and educating entrepreneurs about owning a company.
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