Raising a Glass to Todd Cochran: Podcasting Pioneer

I am still in shock about the loss of Todd Cochrane.
I just saw him a few weeks ago 30 lbs lighter and looking great. I've known Todd for 20+ years. The man who wrote the very first book on podcasting. In looking for pictures, I only have this one in a group. Why? Because you always think a person will be there to do it next time.
Todd was a character. Unique. There will never be another one. At every event I would end up at a table with Todd, "The Robs" (Greenlee and Walch) and other OGs. Always great to catch up and share insights with the goal of making sure the podcast space was doing OK.
I will remember Todd as the courageous advocate of the independent podcaster. At one point he would get deals by grouping shows together. This was a HUGE nightmare of paperwork, but he wanted to see the "indies" make some money. I was one of those indies, and it was one of the first times I made money with a podcast. That wouldn't have happened without Todd.
On a recent show he talked about he wouldn't do a deal where the podcaster made less than 70%. Other companies are taking deals of 50%. Not Todd. The podcaster must be paid.
I loved that he had a wider view of the podcast space as the CEO of Blubrry and was always sharing what he saw. My favorite phrase to hear Todd say was, "I probably shouldn't say this but..." because you knew what was coming was a doozy. When you hear the stat, "Most podcasters don't make it past episode seven" that was first delivered by Todd Cochran. He was always open to share so if there was a problem so we could all solve it together.
Todd was the man behind the People's Choice Podcast Awards. When some shows didn't win, he received death threats. Did it stop him from holding the awards next year? No. Todd earned next to nothing for doing those awards, but did it for the indies (noticing a pattern yet?). Lots of work for next to no pay as long as the indie would benefit.
One of my favorite memories of Todd was way back at the New Media Expo. There was an off site party at a bar. I was running the podcast track, and got there late. The bar was at the top of a slope, so I was walking up this slight hill as Todd exited the bar. I believe the ol' sailor had consumed some spirits.
Todd had not made it down the two or three steps to the parking lot, so there I was gazing up at Todd who looked 10 feet tall. They had been talking about bigger companies getting into podcasting. Before I could even say hello, Todd raised his fist in the air and shouted, "There is a fox in hen house boys! VIVA LA REVOLUTION!"
So there he was, larger than life, fist in the air, up against the dark Vegas sky fighting for the indies.
There will never be another Todd Cochrane.
RIP My Friend.
Todd's Presentation from the New Media Expo 2015 - Reflections on 10 Years of Podcasting
- Todd Cochrane shared insights from 10 years of podcasting, covering 1024 episodes
- Spent 7,291 hours (303 days) creating content
- Emphasized the importance of audience relationship and engagement
Key Topics:
Audience Relationship
- Concept of "Ohana" (family) - treating listeners like close family
- Building trust and personal connection with audience
- Sharing personal stories and being authentic
Podcasting Journey
- Started in 2004 after a military injury
- Grew from zero to 45,000 listeners within 60 days
- Developed relationships with sponsors (e.g., GoDaddy for 10 years)
Monetization
- Showed actual earnings from podcasting
- Discussed sponsorship models (CPM, flat rate, CPA)
- Emphasized creating value for sponsors
Podcasting Challenges
- Need for accurate download statistics
- Importance of content quality
- Risks of inflating listener numbers
Future of Podcasting
- Need for more quality content
- Importance of storytelling
- Expanding beyond iOS platforms
Links referenced in this episode:
- geeknewscentral.com
- newmediashow.com
- blubrry.com
- ceoawo.com
- tweetnews.com
00:00 - Untitled
00:07 - Remembering Todd Cochrane
05:16 - Remembering Todd Cochrane: A Tribute to a Podcast Pioneer
10:47 - The Journey into Podcasting
16:46 - The Birth of a Podcasting Career
24:40 - The Impact of Video on Podcasting
28:24 - Transitioning to Podcasting Sponsorships
35:52 - The Future of Podcasting: Embracing Change and Experimentation
38:38 - Challenges in the Podcasting Space
45:00 - The Importance of Networking and Building Your Brand
50:43 - Navigating Sponsorship Opportunities
57:23 - Transitioning from Podcast Metrics to Sponsorship Strategies
01:01:51 - Starting a Podcast: Questions and Considerations
01:04:41 - The Importance of Storytelling in Journalism
01:11:44 - Building a Podcast Network
01:15:46 - Remembering Todd Cochrane: A Legacy in Podcasting
Hey there, podcaster or future podcaster?
Speaker AI have some bad news.
Speaker AYesterday I learned that my friend of 21 years, Todd Cochran, died suddenly.
Speaker AThis is the man who wrote the very first book on podcasting.
Speaker AAnd what's interesting is I went looking for a picture of Todd and I, and there isn't one.
Speaker AWhy now there's a picture of us in a group?
Speaker ABecause you always think that person is there and I'll see Todd at the next event and you know, I'll do it then.
Speaker ABut 21 years, I never took a picture with a guy.
Speaker AYou see Todd.
Speaker ATodd was a character, like, straight up, like, character.
Speaker ASo unique.
Speaker AAnd there will never be another Todd Cochrane.
Speaker AAnd at every event I went to, I would end up at a table with Todd and the Robs.
Speaker ABy that I mean Rob Greenlee and Rob Walch and other OGs, as they say.
Speaker AAnd it was always great to catch up with Todd and we would all share our insights with the goal of making sure the podcast space not our own companies.
Speaker ABut is podcasting going to be okay?
Speaker AAnd I will remember Todd as a super courageous advocate for the independent podcaster.
Speaker AAt one point, he would get deals like actual sponsors by grouping a bunch of shows together.
Speaker ASo he'd get a bunch of golfing shows together or a bunch of women's shows together because he wanted to see the indies, as he called them, make some money.
Speaker AAnd I was one of those indies.
Speaker AAnd it was one of the first times I ever made money with a podcast.
Speaker ABut the thing that most people don't realize, that was a huge nightmare of paperwork, and that wouldn't have happened without Todd.
Speaker AIn fact, on a recent show, he talked about how he wouldn't do a deal where podcasters made less than 70% of the revenue, where other companies are taking deals of 50% or less.
Speaker AAnd not Todd the podcaster must be paid.
Speaker AI love the fact that he had a wider view of the podcast space as the CEO of BluBrry, and he was always willing to share what he saw.
Speaker AMy favorite phrase to hear from Todd.
Speaker BWas, well, I probably shouldn't say this.
Speaker ABut because you knew whatever was coming was going to be a doozy.
Speaker AHe was great.
Speaker AHe was kind of horrible at keeping secrets in a way.
Speaker ABut when you hear that stat, most podcasters don't make it past episode seven.
Speaker AThat was first delivered at some sort of Ohio meetup thing.
Speaker AAnd that was Todd Cochran that shared that.
Speaker AAnd he would go back and check every now and then, but he was always willing to share.
Speaker AHe was always open to share.
Speaker AIf there was a problem so that we could all solve it together.
Speaker ATodd was the man behind the podcast Awards.
Speaker ANow the full name of that is the People's Choice Podcast Awards.
Speaker AAnd when some shows didn't win, and I'm not making this up about a podcast award, he received death threats.
Speaker AYeah.
Speaker ADid it stop him from holding the awards next year?
Speaker ANo.
Speaker AAnd Todd earned next to nothing for doing those awards.
Speaker ABut he did it again.
Speaker ANoticing a pattern yet he did it for the indies.
Speaker ALots of work again for next to no pay, as long as the indie podcaster would benefit.
Speaker AOne of my favorite memories of Todd was way back at the New Media Expo.
Speaker ASo this is, I don't know, 10 years ago.
Speaker AI was the head of that, the podcast track back then and there was an off site party at a bar.
Speaker AWell, I was running the track, so I was running around like a chicken with my head cut off.
Speaker AI got there late and the way this bar was, it was kind of almost on a hill.
Speaker AAnd so you walked up this hill, that was the parking lot, and then there were like two or three cement steps and then there was a door.
Speaker AAnd so as I walked up, Todd came barreling out of the bar.
Speaker AAnd I believe the old sailor had had a spirit or two.
Speaker AAnd he was standing on those steps.
Speaker AI'm standing down in the parking lot.
Speaker ASo Todd looks like he's 10ft tall.
Speaker AAnd they had been talking about bigger companies getting into podcasting.
Speaker AAnd before I could even say hello, Todd raised his fist in the air and shouted, there's a fox in the henhouse, boys.
Speaker BViva la levolution.
Speaker ASo there was Todd, larger than life, fist in the air, up against the dark Vegas sky, fighting for the indies.
Speaker AThere will never be another Todd Cochran.
Speaker ASo rest in peace, my friend.
Speaker AAnd what I found because I was the head of podcasting at the New Media Expo is Todd did a talk about his then 10 years in the podcasting space.
Speaker AAnd in honor of Todd, I'm going to play this unedited.
Speaker BGood morning everyone.
Speaker BAnd I've got a little bit of a horse throat.
Speaker BPartied a little too hard last night, but we'll get through.
Speaker BI wanted to take you guys today on a journey.
Speaker B10 years, 1,000 episodes, and really kind of everything in between.
Speaker BI'm going to be sharing with you today a couple things that I have never in 10 years of podcasting revealed, so you get a treat.
Speaker BI do ask when we get to the financial slides that you don't take a picture of them.
Speaker BAnd there's to be some stuff up there that you'll understand why when we get there.
Speaker BOther than that, I'm sure probably these slides are going to become available at some point.
Speaker BBut if you want these slides, you can email me as well.
Speaker BThose of you don't know me, again, my name is Todd Cochran.
Speaker BEekNews is my Twitter account.
Speaker BCEOAWO.com is the email address that you can email me at.
Speaker BDo a couple shows geeknewcentral.com is the flagship show I started in October 2004, and newmediashow.com is the show I do with my co host Rob Greenlee.
Speaker BWe do that every week when I'm home in Hawaii.
Speaker BAnd of course I'm the guy behind raw voice and blueberry.com and of course with my team as well.
Speaker BSo currently where the stats sit, I'm at 1024 episodes, 82 new media show interviews, 640 video interviews.
Speaker BAnd I've been at this 10 years, 6 months and 19 days.
Speaker BSo I think I am the oldest podcaster at New Media show.
Speaker BSo I don't know if anyone else is.
Speaker BThere's only a few left in the space that started when I did.
Speaker BSo what does that all equal to?
Speaker BThat equals to a lot of work, 7,291 hours in my studio, which equals to 303 days of my life creating content.
Speaker BDo you think so if you think about that over 10 years and you think about your wives or your spouses or your significant others, that's a lot of time to be in the studio.
Speaker BI do this Monday, Thursday, Saturday at 6:00am Hawaiian Standard Time.
Speaker BBut the thing I want to point out here is as you're going to be doing your shows, you got to get cooperation of your spouses or significant others.
Speaker BWe do not put anything on the calendar for Monday and Thursday night.
Speaker BWe have not done put anything on the calendar for 10 years for Monday and Thursday night.
Speaker BNow I had a graduation I had to go to exception, death in a family exception.
Speaker BBut other than that, very few others.
Speaker BSo I just want to give you some perspective.
Speaker BOver 10 years I've had over 28,000 listener comments, plus 800 audio comments.
Speaker BThis is going to lead into the stuff I'm going to talk about here in a few minutes about engagement and my family.
Speaker BAnd we'll talk about that in detail.
Speaker BThat's the number one of the numbers that I haven't publicly talked about too much.
Speaker BThat's how many downloads my creative shows have received over 10 years.
Speaker BSo I started with zero, just like everyone else.
Speaker BAnd over Time built that up.
Speaker BAnd I'm going to share today some strategies with you to build that kind of a number over 10 years.
Speaker BAnd it is possible.
Speaker BAnd I'm going to say this a couple times today.
Speaker BI walk the walk and I talk the talk.
Speaker BMost people don't know this, but I do not take a salary from Raw Voice.
Speaker BI live in Hawaii on my military retirement and my podcast.
Speaker BAnd I do that for one reason only.
Speaker BIf I'm going to be in this space helping podcasters succeed in this space, if I can't do it, nobody can with the resources I have available.
Speaker BSo today I'm going to talk about that journey, talk about the relationships I've had, talk about the engagement, going to talk about the mistakes, because there's been some of those.
Speaker BI'm going to talk about the money.
Speaker BI think that's important.
Speaker BAnd a lot of people talk about money and talk about money over the years, but they say, oh, I made this much money, but I put some sheet on a website and say that their financial advisor has signed it off.
Speaker BBut very few people have actually shown you a check.
Speaker BSo today I'm going to show you a couple of checks.
Speaker BAnd I'm not doing this to brag.
Speaker BI want to do this specifically for you guys to understand what is possible.
Speaker BI've never done this before.
Speaker BI've actually consoled with my mom on this.
Speaker BI said, should I talk about the money?
Speaker BShe said, don't talk about the money.
Speaker BShe said, it'll come across arrogant.
Speaker BBut I think it's important at this stage in the podcasting sphere for those of you that are doing this, to understand what is potential.
Speaker BSo we'll get into that in a little bit.
Speaker BI want to talk about the presentation and the future, so the history.
Speaker BIn 2004, I got hurt pretty bad in Bahrain.
Speaker BI'm prior military.
Speaker BI spent 24 years in the US Navy, and I sustained an injury in Bahrain that was of my own doing, not because of a military action.
Speaker BSpent 13 days in the hospital, could no longer fly an airplane or in an airplane and was grounded.
Speaker BAnd I was sent to Waco, Texas to babysit some airplanes.
Speaker BI was the contract liaison that was there to protect your taxpayer dollars from being spent unwisely, which often happens.
Speaker BAnd I was stuck in a hotel room because I was wearing a clamshell.
Speaker BAnd if you've ever seen somebody wearing one of Those, when it's 105 degrees, it's not cool, it's hot.
Speaker BAnd so I had nothing better to do but sit in my hotel room and surf the net.
Speaker BI was a blogger, not a great blogger.
Speaker BAnd I heard Dave Winder and Adam Curry on their podcast talking about this thing called podcasting.
Speaker BThree days later, I was a podcaster again in that hotel room.
Speaker BRecorded my first few episodes there using a lab tech headset.
Speaker BReally not knowing what to do.
Speaker BMade a bunch of mistakes by playing some.
Speaker BAll right, I used AC DC in my intro.
Speaker BHad a great time.
Speaker BThose episodes have been since edited.
Speaker BBut what happened was incredible.
Speaker BI had essentially, again, being a bad blogger, maybe 300 people come to my website a day.
Speaker BReally, within about 60 days, we went from zero to 45,000 listeners.
Speaker BAnd at the time, there was no Blueberry podcast hosting.
Speaker BThere was no Libsyn.
Speaker BWe had to find bandwidth.
Speaker BAnd what we did was we slapped our credit card down and bought multiple economy hosting plans.
Speaker BAnd every show, I would publish the media on one, burn the bandwidth, move the media file to another one, and do that consecutively for 30 days.
Speaker BI think at one time I had like 50, 15 shared hosting accounts just to deliver the bandwidth.
Speaker BThat continued to grow.
Speaker BAnd In December of 2014, 2004, I got this email from this group called Wiley Publishing asking, hey, we want you to write a book on podcasting.
Speaker BAnd I said, well, my reply was, granted, I'm not a good blogger.
Speaker BYou've got to be beeping me.
Speaker BThey replied back, no, we're not beeping you.
Speaker BWe want you to write a book.
Speaker BAnd that really kind of set the stage for the book I wrote on podcasting, which is now really long in a tooth.
Speaker BBut I announced that book on show 69.
Speaker BAnd I want to talk about the dynamics of podcasting.
Speaker BAt that time, there was the anti money crowd.
Speaker BIf you took money, if you did anything for this, you were evil.
Speaker BIt was this pure.
Speaker BThis is supposed to be this pure content.
Speaker BYou weren't supposed to make money off this.
Speaker BAnd I got paid by Wiley to do this book.
Speaker BShow 69, announced it to my audience.
Speaker BAnd because I had a lot of podcasters following me, my audience at the time was probably close to 75 or 80,000.
Speaker BAnd those people are so pissed off that I lost 50% of my audience on show 69.
Speaker BThat was a turning point for me because I got to thinking a little bit about the audience.
Speaker BWell, you don't talk about that publicly on the show.
Speaker BYou just kind of figure that out.
Speaker BThere was no one to consult with, so I consulted with myself and said, fine, I can do it without him.
Speaker BLet's go.
Speaker BIn Hawaii, we have this word called, ohana, And I'm going to talk about this word a lot because I need you guys to really think about your audience.
Speaker BOhana is family.
Speaker BAnd when I'm talking to my audience and sharing with them the topics that I do, I in my mind use the analogy that they are sitting right across from me in a table and we're having a one on one conversation.
Speaker BWell, obviously it's not, it's me talking to them, but the ohana factor, the family factor, has played a big part in my show's growth.
Speaker BI treat and respect my audience as if they were very close family members.
Speaker BSister, a brother, a mother, grandfather.
Speaker BThat's the way I think about my audience.
Speaker BAt the same time, at a certain point, I even love my audience.
Speaker BI still do.
Speaker BI shouldn't say at some point, I do love my audience.
Speaker BAnd that has helped through the rough times when you're, you know, you haven't had enough sleep, you do the show when you've had a propensity to destroy the English language.
Speaker BThe ohana loves you, they laugh with you, they move on, and just like good friends do, they laugh with you and they bust you on email.
Speaker BSo that was part of that engagement factor.
Speaker BBut something big happened in July of 2005.
Speaker BMy wife had given me a two year old, a two year timeline.
Speaker BI had done a couple of businesses before the podcasting thing.
Speaker BAny of you ever owned a boat?
Speaker BOkay, you put a lot of money in a boat, right?
Speaker BIt's a money pit, right?
Speaker BWell, I had some money pit hobbies.
Speaker BAnd when I told my wife after I came back from Texas that time, hey, honey, I got a new thing going to do this podcasting thing and she does this.
Speaker BYou got two years for what?
Speaker BTo make this work and make money.
Speaker BBecause I asked her for Monday and Thursday every single week.
Speaker BSo what does a good husband do?
Speaker BYes, dear, two years.
Speaker BSo I was saved.
Speaker BIn July 2005, GoDaddy called me and said, we want to sponsor your show.
Speaker BAnd from that, this company, without this company, I firmly believe, and without Adam Curry and Dave Weiner, without that those three elements, this podcasting space today would not be what it is today.
Speaker BGoDaddy is still my sponsor.
Speaker BBut what really set things in motion, and I'm not going to spend a lot of time on my business.
Speaker BThat's not we're here to talk about, but I want to just talk about the dynamic of that.
Speaker BShe called me a month into the campaign.
Speaker BShe says, todd, do you know anyone else will do advertising with us?
Speaker BI was an electronics technician I wasn't a business guy and I said, hmm, yeah, I do.
Speaker BBusiness was born.
Speaker BSo on my show, into my ohana, I said, I need a lawyer, I need a graphics guy, I need a programmer.
Speaker BAnd what else?
Speaker BDev.
Speaker BFrom that call, nine people got on a phone call.
Speaker BFour people dropped off after.
Speaker BFive people dropped off that call after asked for money because I wanted people to commit cash.
Speaker BAnd then Raw Voice was born from a question that was asked.
Speaker BSo my point here to you in this particular slide, do not ever allow an opportunity to pass in which could further enhance your bottom line or affect your show.
Speaker BBe listening for those signals because they will come and they'll come at the most crazy time in your life.
Speaker BYou have to listen for them and if you do, it could change the outcome of what your show is about and whether or not you quit your day job.
Speaker BSo got a sponsor, got to build an audience.
Speaker BSo I went into audience building mode.
Speaker BSo I'm doing this podcast on tech and I'm sorry, I think I'm blowing on this mic.
Speaker BI said, what can I do to reach more people in my category?
Speaker BA good friend, Andy McCaskey, at the time, we'd started a network called tech podcast together.
Speaker B13 guys trying to figure out how to work together.
Speaker BAnd he said, tom, let's go to the Consumer Electronics Show.
Speaker BLet's go there and talk to the people we talk about.
Speaker BSo from that point, I started going to CES and NAB every year, reaching down deep into my pocket in my credit card when I didn't necessarily have the budget to do it to go to where the people I talk about were.
Speaker BAnd over 10 years, I have developed a relationship with almost every top secret level name in the space.
Speaker BAnd I have a reputation for giving them fair coverage, honest feedback.
Speaker BIf I see something I don't like, I tell them.
Speaker BAnd over that time, because I have these relationships with these folks that are at these events, doors open up.
Speaker BSo whatever your topic of your content may be, takeaway here is that you need to find a way to build your audience.
Speaker BAnd the way I was building my audience was bringing, whoa, way cool stuff to them that they couldn't go otherwise.
Speaker BSo if you're doing basket weaving, your audience can't go to the Basking Basket Weaving trade show, but you are the basket weaving expert.
Speaker BSo you go to the basket weaving trade show and you talk to all these vendors and you make relationships and you bring that content back to your audience because they couldn't be there for you or they couldn't be there themselves.
Speaker BAnd you're going to build audience.
Speaker BAnd this is what I use as one of my primary building audience tools is I go to get content and I go, I don't make them come to me, I go get it and I make relationships.
Speaker BSo this building is going on.
Speaker BOn the anniversary of my 200 show, I'm sitting at work.
Speaker BI was still active duty Navy at the time, and the phone rang.
Speaker BNow that evening I'm supposed to be recording episode 200 phone rang and I picked it up.
Speaker BIt was my mom.
Speaker BAnd she informed me my father had died in an automobile accident.
Speaker BSo kind of ironic.
Speaker BShow 200 dad dies.
Speaker BWe're not going to do a show, obviously going to get on an airplane and go home.
Speaker BBut when I went to the house, I told my mom, I told my wife, I said, I got to tell the ohana.
Speaker BSo I recorded a five minute short video explaining what was going on, told them there would be no show for 10 days and what's up?
Speaker BRemember, I have a relationship with my audience.
Speaker BI share my life, I share what I do.
Speaker BWe have this relationship right along with the content.
Speaker BA lot of people don't do that.
Speaker BI got 2,800 condolence emails.
Speaker BI didn't read any of them until I got back after 10 days, but I read and responded to every last one of them.
Speaker BThat was therapy for losing a father.
Speaker BAnd having an ohana that worried about you or enough to send 2,800 emails told me that we were doing something right in the relationship we had with the audience.
Speaker BSo I'm just going to tell you guys, this relationship you guys have with your audience is going to be the most important, important thing you ever do in your podcast.
Speaker BYou know, you have the guest, they're going to come on and talk to you, but don't forget about them.
Speaker BYou have to always remember about, you know, think about your family again, ohana.
Speaker BSo oftentimes podcasters are speaking into the mic, but they forget and maybe all of you don't.
Speaker BBut just remember you are right here, you're right between, you know, you're plugged into them.
Speaker BSo respect their time and know that, you know, you are talking to them in their head.
Speaker BI think often as we just talk, and I'm guilty that sometimes I just talk.
Speaker BDon't talk, talk to them and remember that you're talking to them.
Speaker BSome of the best radio broadcasters in the world, when they're talking on the radio, you think they're talking to me.
Speaker BSo try to keep that in there.
Speaker BSeveral books out and I'M sorry I don't have any references for you, but there's some books out there from the radio broadcasting industry that helps you develop skills to be able to get into their head and be in their head.
Speaker BTrust Gode was my sponsor, right?
Speaker BI always told the bad things about GoDaddy.
Speaker BIf GoDaddy did something bad, Bill Parsons shot an elephant, went on the Internet.
Speaker BGoDaddy was exploiting women on their commercials.
Speaker BGoDaddy was doing some other things with some legislation.
Speaker BI never held back.
Speaker BI did it in a respectful way and they understood my opinion.
Speaker BAt the same time, I would get the VP on the phone, they would be on my show, we'd talk about the issue and we work through it.
Speaker BSo even though my sponsor was doing a couple of things I did not like, we dealt with that trust issue from a sponsorship standpoint while at the same time we dealt with other issues.
Speaker BIf there was a product I didn't like, I told it the way it was.
Speaker BI had many, many, many C level executives call me and say, why did you just tear my product apart?
Speaker BI said, well it sucks, you know, and that built trust.
Speaker BEven with those C level relationships I had.
Speaker BWell, for some crazy reason I decided to do video too.
Speaker BAnd this video thing almost destroyed me.
Speaker BI've talked about this two, three years ago.
Speaker BHave any of you get into one of my sessions before?
Speaker BSo two or three years ago?
Speaker BWell, when I started video, I started talking to the camera and talking to the screen.
Speaker BStarted saying, talking about, hey, hey, look at what I'm showing you guys right now.
Speaker BI'm showing a website, talking about a product, I'm talking to the screen and like I forgot they were listening.
Speaker B70% were listening, 30% were watching.
Speaker BAnd all of a sudden, guess what I saw?
Speaker BTick, tick, tick, tick, tick, tick, down with the numbers.
Speaker BBecause I was no longer talking to them.
Speaker BI was showing them.
Speaker BAnd how could the audio audience be shown?
Speaker BThey were listening.
Speaker BSo if you do video, don't forget, for God's sake, don't forget that the audio audience is listening.
Speaker BI catch myself even today and it's a fine line you have to play if you're going to add video to your show to remember to talk to the audio listeners.
Speaker BThis goes by I don't have the ball.
Speaker BThat's basically kind of a Navy jargon.
Speaker BWhen the guy's coming in to fly into a carrier, he's on approach, he says, I've got the ball.
Speaker BThat means he's on glide path, he's on glidescope and he's going to be able to land well, I lost the ball for a while and it hurt me.
Speaker BSo this is one of the mistakes I made.
Speaker BI don't want you guys to make, but video made me a better podcaster.
Speaker BI've.
Speaker BI don't edit, start, stop.
Speaker BI do a little processing, I encode the mp3, mp4, I'm done.
Speaker BI don't edit ums, has, who's, has, what's, farts, burps, whatever, they stay in.
Speaker BBut because I was doing video, it made me prepare more.
Speaker BSo you don't have to put your video online, but turn on your webcam and record yourself while you're doing your audio podcast.
Speaker BAnd if you're conscious of that, what you're going to find is in two to three months, you're going to be a much, much better podcaster because you're more conscious of what you're saying because you're assuming someone's watching you.
Speaker BI went in full head.
Speaker BI just went live immediately and I just said, okay, let's go.
Speaker BAnd I got the comments from the audiences that sucked.
Speaker BThat was bad.
Speaker BWhat did you do that for?
Speaker BYou know, so it made me a better podcaster over time, and I truly believe it was probably what allowed me to take my show to the next level of listenership.
Speaker BBack up a little bit.
Speaker BI made a verbal commitment to my audience that I was quitting my day job while I was being forced to retire from the Navy.
Speaker BSo I had no choice.
Speaker BI had a.
Speaker BHad a line set out there by Uncle Sam and.
Speaker BBut I decided at that point I was gonna go full time.
Speaker BSo retire from the Navy, be a full time podcaster.
Speaker BAnd I verbally told the audience, this is what we're gonna do.
Speaker BAnd my wife's like, are you crazy?
Speaker BYou know, she's like, looking at the checks.
Speaker BAre you crazy?
Speaker BWe're leaving Hawaii, dude.
Speaker BWe gonna go full time.
Speaker BI'm like, yes, we are.
Speaker BAnd I quit my day job and I made my goal, but because I verbalized it.
Speaker BAnd this is just a common thing that all of us can do to improve ourselves.
Speaker BBut once you make the commitment to the audience, you just do not want to be that guy, to say, well, I have to go get a job, you know, at least I didn't.
Speaker BMy pride was too big.
Speaker BAll right, let's talk a little bit about the sponsors hate love relationship.
Speaker BThey'll make you try to do stuff that you don't want to do.
Speaker BYou have to negotiate everything that you do with sponsors.
Speaker BIt can be tough at times.
Speaker BI've had knock em, drag them out fights with advertisers.
Speaker BWhen I change media buyers and they want to change stuff up.
Speaker BAnd I've held to my guns on some, many instances, not all.
Speaker BSometimes I've lost.
Speaker BLost.
Speaker BBut that sponsor relationship has to be healthy, just like any other family relationship.
Speaker BAnd I treat it as such.
Speaker BSo again, I said I talk the talk and walk the walk.
Speaker BAnd then again, the reason why I've done this is to make you guys understand that you can do it too.
Speaker BSo this is where we're going to start talking about money.
Speaker BAnd again, I'm just being.
Speaker BI'm just wanting you guys to know that I'm trying to show to you what is possible.
Speaker BThis is not to brag, but this is to give you an indication of what can be done over 10 years of hard work.
Speaker BBut I want to set the story.
Speaker BGoDaddy became a sponsor in July of 2005.
Speaker BI had additional sponsors like Citrix, GoToMeeting and just a variety, maybe 20, 30 different sponsors over the years.
Speaker BAnd GoDaddy was there month after month.
Speaker BNow you think, okay, after 10 years, Todd, how is it possible that you're still getting enough results for the advertiser for them to continue to pay you?
Speaker BI've gotten a base from godaddy from the very beginning.
Speaker BThey pay me a base amount if I don't deliver them a customer one.
Speaker BBut they know that I'm gonna deliver customers.
Speaker BI on average deliver 350 to 400 brand new customers to GoDaddy every month.
Speaker BOkay.
Speaker BI told that to the dreamhost guy the other day and he about flipped out.
Speaker BSo you do that over 10 years and there's a relationship that can become very healthy.
Speaker BThey listen to you when they do a product rollout.
Speaker BThat's bad.
Speaker BBut there was a thing that changed recently.
Speaker BThey weren't giving me renewal codes, so I couldn't.
Speaker BThe folks that were already customers of mine, I couldn't give them renewal codes.
Speaker BAnd we're still battling over that.
Speaker BBut here's my lifetime podcast earnings.
Speaker BOkay, so this is multiple sponsors.
Speaker BSome years have been higher than others.
Speaker BNow, I told you about that longevity, right?
Speaker BThat longevity of keeping a sponsor after 10 years.
Speaker BThat was what the last six months looked like.
Speaker BNow, people throw numbers up on the wall all the time.
Speaker BSo I'm going to very quickly.
Speaker BNo pictures on the next two slides, please.
Speaker BThere's a check, 6150 Podcast Connect.
Speaker BThat's the company I do business under.
Speaker BThere's a second check, 7950 for that was for whatever month it was.
Speaker BBut it was two of those months, of those six.
Speaker BSo that is possible.
Speaker BDoing this business.
Speaker BI have never in 10 years ever told anyone how much money I've ever made on podcasting.
Speaker BYou guys are the first.
Speaker BBut I want you to understand it's possible.
Speaker BA couple months ago, I told my wife I wanna retire when I'm 60.
Speaker BAnd she goes with this.
Speaker BPodcasting doesn't work out.
Speaker BYou have plan B?
Speaker BHmm, no.
Speaker BSo you need to make a plan B.
Speaker BSo I've been over the past 60 days looking at making sure that I can take myself out to retirement.
Speaker BI'm not telling you, go quit your day job, but I'm going to tell you that you have the potential to supplement your income in such a way, if you continue to do your show, that you can increase your happiness at retirement.
Speaker BTime just takes a lot of hard work.
Speaker BIf you have a show that you've been doing for two or three years and it's not working, it is time to change what you're doing and try something else in the podcasting space.
Speaker BChange, experiment, adjust.
Speaker BYou have to do something.
Speaker BYou got to keep that ball rolling.
Speaker BSuccess is never guaranteed, but you guys saw that number earlier.
Speaker BHow much do you think I've reinvested into my show?
Speaker BSo your reinvestment can be 10% of what you bring in a year?
Speaker BMy reinvestment every year is probably 20 to $40,000.
Speaker BI reinvest into my show.
Speaker BWhere does that money go?
Speaker BI take a team of 15 to CES to cover the show.
Speaker BThat's a 20 or $25,000 bill to do that.
Speaker BI take a studio.
Speaker BYou guys come down the escalators where They've got the NAB Bookstore right outside of North Hall.
Speaker BI have that 10 by 30 space.
Speaker BI have a studio set up there.
Speaker BI interview all these C level executives.
Speaker BHow did I start off?
Speaker BI walked with a microphone in the hall.
Speaker BCan I have an interview, sir?
Speaker BThat's how I started.
Speaker BI built over time.
Speaker BBut I invest in my show because I know that I have to continue to bring content to my audience.
Speaker BHow am I doing for time?
Speaker B12 o'.
Speaker BClock.
Speaker BWhat time do I have to.
Speaker BI got.
Speaker BWe can go long.
Speaker BNo one's coming after us.
Speaker BBut I'll.
Speaker BI'll hurry this up.
Speaker BSuccess isn't guaranteed, but you can really do a lot to make yourself successful.
Speaker BAnd the sustainability is.
Speaker BIs big.
Speaker BYou have to continue to work hard to build your audience.
Speaker BI think all of you already know that as well.
Speaker BAnd you have to Stay relevant.
Speaker BI try to learn everything I can about the space.
Speaker BIf you get in the rut of just doing your show and not keeping abreast, so what's going on, that changes.
Speaker BYou have to embrace everything that's new.
Speaker BTry it, throw it up against the wall and see if it works.
Speaker BAnd you have to stay motivated.
Speaker BSometimes that's jumping jacks before a show.
Speaker BSometimes that's a Red Bull.
Speaker BSometimes that's a couple cups of coffee.
Speaker BWhatever it is, when you sit down in the chair to do that show, it's time to be on your A game.
Speaker BAnd I get crap when I'm not.
Speaker BThe audience says, hey, obviously you didn't get enough sleep, you know, but it's like a family member.
Speaker BWe talked about that ohana thing.
Speaker BHave that relationship, and I expect that feedback from them.
Speaker BAnd if I don't deliver a good show, I apologize.
Speaker BThey'll accept.
Speaker BA family member will accept an apology.
Speaker BBut you have to have that relationship with the ohana or with your family of listeners to do that.
Speaker BNow, I'm into experimenting.
Speaker BExperimenting can be dangerous.
Speaker BI had a rule that I would not change anything in my show.
Speaker BIn the format, I don't do one change every three months.
Speaker BWell, I'm kind of rolled back in that a little bit.
Speaker BI'm now experimenting a little bit more.
Speaker BI'll do, like, one change for a month, and I'll see if it's caused an uptick.
Speaker BSo don't be afraid to experiment a little bit.
Speaker BI did a segment on mobile devices.
Speaker BThe audience really didn't react to it that well.
Speaker BSo you have to experiment, try whatever it takes to make the show grow.
Speaker BAll right, I want to change hats just a little bit.
Speaker BIf you came to the state of the podcasting space yesterday, you heard, you know, saw some charts, got a few questions out, but I'm lucky I got this 100,000 votes view of the space.
Speaker BAnd I'm often privy to things that never make the news stuff that the providers have to deal with.
Speaker BAnd right now, I think we're looking pretty good, with a couple of exceptions.
Speaker BWe need 100,000 serials.
Speaker BAnd who's going to create 100,000 serials?
Speaker BWell, they're not out there, but there are 250,000 podcasters.
Speaker BThat's what's in the itunes directory, the serial podcast.
Speaker BYou didn't hear about serial.
Speaker BWow.
Speaker BNot to call you out.
Speaker BSerial is a podcast that was done that.
Speaker B13 episodes, 72 million listeners.
Speaker BYeah.
Speaker BSo obviously I didn't listen to it, but I know a lot of people did.
Speaker BBut with those 250,000 podcasters, probably half of those are active, you know.
Speaker BBut we have a problem right now in the podcasting space.
Speaker BMost of them are small shows.
Speaker BAnd it troubles me when we have 5% of the 250,000 shows that are big.
Speaker BEveryone really in this space today needs to start hunkering down and honing their trade.
Speaker BThat means investing in good audio equipment.
Speaker BEven I have started editing a little bit, doing things to up the game of our overall production value.
Speaker BAnd we got to grow these small shows, not necessarily into serials, but we need to grow the volume.
Speaker BAnd the only way you can, guys can do that.
Speaker BAnd I'm going to say that again, it's nothing to be ashamed of, having a small show, you know, because if you, if you work your day job, how many of you work for a boss that talks to more than 500 people?
Speaker BThousand people?
Speaker BMost of us have bosses.
Speaker BThey don't talk to very many people.
Speaker BWe get to talk to a lot of people, even the small shows.
Speaker BSo don't again that respect and in their ears, don't forget that.
Speaker BAnd with that, you can build upon it.
Speaker BSo we got to build those small shows.
Speaker BWe got to grow the space.
Speaker BI'm going to talk about some problem areas.
Speaker BIf any of you are subscribed, if any of you are listed@blueberry.com you get our newsletter.
Speaker BIf any of you are subscribed to the Pottertainment magazine, it's available on the iPad.
Speaker BGary Leland puts together.
Speaker BYou have heard some of this stuff, but I'm going to share a couple of things with you that I have deep concerns on and there is a battle afoot.
Speaker BI'll talk about that.
Speaker BWe are at the verge of potentially losing the trust of the media buyers.
Speaker BAnd I'm going to say this frankly.
Speaker BNever, ever, ever, ever, ever lie about your numbers to a media buyer.
Speaker BIf you do, you're part of the problem.
Speaker BIf you're not using a reputable statistics service, and by reputable, in my opinion, Libsyn, podtrak and Bluberry, I trust those three, and I'm one of those.
Speaker BAs a disclaimer, I trust those three explicitly.
Speaker BOther everyone else, nope, I don't.
Speaker BAnd I have incidental evidence that I can't go into details on without potentially getting sued.
Speaker BBut I'm going to tell you, if you're bumping your numbers, you're part of the problem.
Speaker BDon't ever do that.
Speaker BIt's causing the CPM rates in the podcasting space to plummet.
Speaker BWe have at least two Bad players in the space.
Speaker BThey're inflating their numbers to ridiculous levels, which is driving the ROI down, which is causing a ripple effect.
Speaker BI reduced the number of podcasting campaigns I have doing with podcasters by 75% because I'm getting calls today from advertisers saying, I got a $6 cpm deal for you.
Speaker BAnd I'm like, what?
Speaker BWho are you getting that from?
Speaker BAnd they tell me, okay, figured.
Speaker BClick.
Speaker BWe went to an ieb.
Speaker BRob Voice is part of the Internet Interactive Advertising Bureau meeting this week, where the tech heads got a room.
Speaker BAnd it wasn't a knife fight, but it was pretty close.
Speaker BAnd there's a lot of discussion in the space.
Speaker BWe're trying to self police some of these bad characters and it's going to resolve itself, but we can't lose media buyers trust.
Speaker BAnd I'll come back to that topic in just a second.
Speaker BAnother thing we got to do is we got to fix the Android growth issue.
Speaker BEvery one of you needs to be promoting Android on your show every episode, telling your iOS audience how to tell those Android listeners how to subscribe to podcasts.
Speaker BAnd I don't want to make this a self promotion, but if you guys heard about what we announced on One Click, if you want details on that, I'll give you my card.
Speaker BI'll be happy to email you the press release.
Speaker BWe think we've solved this.
Speaker BWe just need to get the developers on board.
Speaker BMy goal this year is to move the bar on Android by at least 5%.
Speaker BIOS owns 87% of space right now.
Speaker BWe got to move that.
Speaker BIf we don't, we're not going to grow as a space.
Speaker BThis is a big one.
Speaker BThe corporations are coming.
Speaker BThey're going to be working with radio and the biggest shows.
Speaker BAnd I might be wrong, they might eat my words, but frankly, I don't think they give a crap about the 95%.
Speaker BThat kind of sounds like a movement issue, right?
Speaker BBut it's not.
Speaker BI don't think those corporations care about the 95%.
Speaker BI may be wrong, but we have to be careful.
Speaker BWe have to.
Speaker BWe have to circle the wagons and make sure that we're reporting correctly, that we're not jumping on the new shiny thing because, oh, it might give me a higher reporting count.
Speaker BI'm a corporation, so I guess I'm one of those.
Speaker BBut I've been here and I'm a podcaster and I love this space and I don't want anything to happen to it.
Speaker BI don't want the media buyers to lose faith in the space.
Speaker BI think there's real risk.
Speaker BThere's also every cycle there's opportunist.
Speaker BIf you hear someone that says something that sounds too good to be true, it probably is.
Speaker BAsk for proof for anyone that you work with or willing to write a check.
Speaker BI had a slide in here I removed because it was a little bit inflammatory.
Speaker BBut if you're paying someone an annual or monthly fee to get advice, you better be getting your money's worth out of that advice.
Speaker BAnd if you're not doing or making progress in what they say that they're intended to make you, in other words, if they have a plan for you and that plan is executing, you're not going where you need to go.
Speaker BThen you need to think about changing ships.
Speaker BCheaters.
Speaker BIt goes back to the numbers.
Speaker BCheaters were again, a group of people trying to bump their numbers to sell themselves or their product by making themselves look bigger than they were, making false claims.
Speaker BWe just shut them down.
Speaker BWe shut them down at the Twitter bombing and some stuff that was going on.
Speaker BWe put filters in place.
Speaker BThose cheaters have moved on to other systems and they are going to continue to say, oh, I got a million downloads this month, so it's not all doom and gloom.
Speaker BSo I'm almost done here.
Speaker BThe future.
Speaker BCreate rich, vibrant media.
Speaker BWork on it very hard.
Speaker BWork on your content.
Speaker BBoost it up, make it better, make it sound good.
Speaker BInvest in a mic.
Speaker BHave a good preamp in front of it.
Speaker BDon't always jump on the hundred dollar microphone.
Speaker BYou want something that makes you sound good.
Speaker BOkay, sample mics.
Speaker BGo into, you know, guitar center.
Speaker BPlay around with some mics.
Speaker BListen to the difference.
Speaker BThere is a difference in audio chains.
Speaker BWhen you've actually invested in some gear.
Speaker BNetwork, you got to network.
Speaker BCan't do it by yourself no more.
Speaker BYou need 20 or 25 shows that you can wrap your arms around and work together as a team to move yourself forward.
Speaker BNetwork of as many shows as you possibly can.
Speaker BMake friends in every possible way.
Speaker BPromote them.
Speaker BThey'll promote you because we build audience members by word of mouth.
Speaker BAnd if you help them, they'll help you.
Speaker BNetwork, network, network and protect your brand.
Speaker BHow many of you in here have your own.com?
Speaker Boh, thank God it wasn't always that way.
Speaker BSo maybe my harping for 10 years has had some effect.
Speaker BProtect your brand.
Speaker BHave your own dot com, you know, and build it out.
Speaker BIf someone's intruding on your brand, doing a copycat thing, have a nice discussion with them.
Speaker BYou can't Nest if they, you know, you can't necessarily stop them, but sometimes you can protect your brand by just having a gentle conversation with a content creator and again, bring the content to your audience.
Speaker BI go and I get content from other sources and I bring to it that I don't normally cover in my show.
Speaker BSo I've done 10, 24 episodes of my regular content, but I've also went out and got 600 additional pieces of content to bring to them for them to consume and stay on the site.
Speaker BThat's not part of my regular content.
Speaker BI call that my special media events.
Speaker BSo bring special media to them.
Speaker BThat keeps them engaged, brings new people in, and use good metadata in your Google search in your blog post to be able to get Google to come in and build your audience.
Speaker BI get about 30 to 50,000 Google search hits into my site every day.
Speaker BEvery place they land on my website, they can subscribe.
Speaker BSo If I have 30 to 50,000 people coming into the site every day and it's just 1% click, subscribe over 10 years, that gives you an idea what you can build.
Speaker BBut you got to get Google to your site and you're not going to do that without rich show notes, I think.
Speaker BFinally, here.
Speaker BLove your family.
Speaker BTalk to them in their ears, have respect, and bring value.
Speaker BQuestions?
Speaker BGo ahead.
Speaker CI'm Kathy Stover with kathystover.com and I just want to thank you for being real and authentic with us here today.
Speaker CA lot of times you go to events and meetings like this and not everybody speaks from their heart or tells truth.
Speaker BAnd you did that.
Speaker BThank you very well today.
Speaker CSo I want to thank you for that.
Speaker BNext question.
Speaker BAnd we're all family here, so don't be afraid to come up and get the mic and.
Speaker BHi, Craig from Ingles Podcast.
Speaker BI don't get why a podcaster would record live to hard drive when podcasting gives you the possibility to improve the products by editing.
Speaker BWouldn't that be better for the podcast and for the.
Speaker BFor the sponsors?
Speaker BYes.
Speaker BIf you're editing, it's better for the listeners and for the audience.
Speaker BBut in my situation, I bought gear that made me sound really good at the end.
Speaker BSo I invested in the hardware to help me limit the number of editing sessions I would have to do.
Speaker BShould I edit?
Speaker BAbsolutely.
Speaker BSo maybe I'm not eating my own advice here completely, but I'm married, I have three kids.
Speaker BYou saw the number of hours I'm staying in the studio.
Speaker BSometimes there's a trade off.
Speaker BI tried to offset that by putting in enough gear that when went in the mic and went on the recorder, it was as close to perfect as possible.
Speaker BNext question.
Speaker BLinda.
Speaker CI'm Linda P. Jones from Be Wealthy and Smart, and I've had my podcast about a year.
Speaker CI just learned here at the conference that none of the description words that we use show up in search engines.
Speaker CIt's only in the title.
Speaker CSo when you say rich show notes, are those showing up on Google Search is what you're saying?
Speaker CAnd is that the show notes that we put on Libsyn, if Libsyn is our host?
Speaker COr are you saying on our website for.
Speaker BFirst of all, you should just be using Libsyn only to host your media.
Speaker BYou shouldn't be on their site for your brand.
Speaker CWell, no, I mean.
Speaker BOh, you have them hosting.
Speaker BSo in your blog, in your blog, your title and your description should not be a cut and paste.
Speaker BYou can have a couple things in there.
Speaker BIt's cut and paste, maybe a link to the media.
Speaker BBut everything else that's above and that talks about your show, you need to describe to Google what's in that content.
Speaker BIf that takes two paragraphs or three, do that.
Speaker BBecause Google is my friend, I've gotten impacted by doing some stuff at times.
Speaker BI used to put 30 links in my blog link to every article I talked about.
Speaker BI got penalized by Google because they thought I was building a link farm.
Speaker BSo now I added what's called a no follow tag to each of those links, and I've regained some of the lost Google traffic.
Speaker BBut at the top of that page where I put my show notes, I put as much detail as possible.
Speaker BAnd Google's going to index that.
Speaker BAnd over time, when you build people sending inbound stuff to you, it's just going to build that Google traffic, and a certain number of those folks are going to subscribe.
Speaker BThey should be able to subscribe from any page on your website.
Speaker BOkay, great.
Speaker CAnd my other question is to get started with advertisers.
Speaker CI don't have a. I mean, I have a financial site, but I don't have something directly that I sell.
Speaker CYeah, I'd love to have a Fidelity or somebody sponsor me.
Speaker CHow would you suggest I approach them for that?
Speaker COkay, so they don't have an affiliate program.
Speaker BThose relationships I made with vendors by going to them have led to a lot of sponsorships on my show.
Speaker BSo if you're interviewing those people, nurture those relationships.
Speaker BAnd oftentimes they'll say, I want to be in her.
Speaker BI want, I want us to advertise in her show.
Speaker BThat's what you can do yourself.
Speaker BFinancial products are tough.
Speaker BYou have to have all kinds of disclaimers, but it's possible.
Speaker BBut, you know, most of my sponsorships that I've done personally have been through the relationships I developed by reaching out and going to the content.
Speaker BDoes that answer your question?
Speaker BAnd then you can, you know, you can use us, you can use Libsyn, you can use PodTrack, but we're dealing with a lot of people.
Speaker BI like protecting my own bottom line, so do as much as you can on your own.
Speaker BAnyone else?
Speaker BHang on one second.
Speaker BI'll take it back.
Speaker BI'm running around with it.
Speaker BOkay?
Speaker BOkay, thanks.
Speaker DI came in a little bit late, so maybe you covered this.
Speaker DIf you did, I apologize.
Speaker BNo worries.
Speaker DDid you cover your downloads, your numbers?
Speaker DI saw the money part, so I wanted to do some calculations.
Speaker DAwesome, thank you.
Speaker BOkay, now I'll go back.
Speaker BOne more slide.
Speaker BThere's the episode count.
Speaker DGot it.
Speaker DThank you so much.
Speaker DI appreciate it.
Speaker DAnd I had a comment, actually, for the woman that was just speaking.
Speaker DSo I used to work at Wells Fargo and in the social media team, and we work very closely with the sponsorship group.
Speaker DAnd I can tell you that to get anything done at a big company like that.
Speaker BRight.
Speaker DRequires hours and hours and hours and hours and hours and sign off of a lot of people who are paid a lot of money.
Speaker DAnd so, you know, if it's not 50 or $100,000 deal, at least to them, it's not worth their time.
Speaker DSo that's just a comment.
Speaker BThis is where you need a network with 25 or 30 shows, and collectively, you may have enough money for her to write a check.
Speaker BCompanies like writing big checks.
Speaker BI like big checks, you know, but they don't like writing small checks.
Speaker BThat's right.
Speaker BBecause it takes me as much time to put together a $1,000 deal.
Speaker BAlmost exactly the same amount of time to put together a $1,000 deal as it does $100,000 deal.
Speaker BSo we all like those $100,000 deals.
Speaker BMatter of fact, we want them every week.
Speaker BGo ahead.
Speaker BExcuse me if this is a rehash, but if you could just do a couple sentences on what RawVoice.com is.
Speaker BRawVoice is the parent company of Blueberry.com Blueberry.com is a community of podcasters.
Speaker BWe provide podcast hosting, podcast statistics, and tools for podcasters, including the PowerPress Podcasting Plugin.
Speaker BThanks.
Speaker BSo I hope you guys had a good time.
Speaker BAnd we have more questions.
Speaker BYou want to stop?
Speaker BDid we have any more?
Speaker BYeah, oh, yeah, yeah, yeah.
Speaker BI'm coming to him because no one's coming, so we can hang all the time.
Speaker EI have two actual questions, if I could, and I'm John Sextro.
Speaker EI have a couple of podcasts this Agile Life and iOS.
Speaker EThe first question is about the analytics and collecting your download numbers.
Speaker EAnd you mentioned three that were trustworthy in your mind, can we trust Google and can we trust feedburner?
Speaker BFeedburner's a page hit counter.
Speaker BThey haven't invested in feedburner analytics.
Speaker BIt's good for your RSS data, it's not good for your podcast data.
Speaker BGoogle Analytics will give you good web data.
Speaker BIt'll show you the number of times that media file has been touched.
Speaker BBut unequivocally, it is absolutely not good to give you your download numbers.
Speaker BNow, you might be able to do the math, how much bandwidth used, divide that into your show file size and you can maybe come up with a rough number.
Speaker BBut there's so many bots I think we have, just for the Twitter bombing alone, we implemented 140 filters.
Speaker BIt's insane.
Speaker BIt's the biggest filter set we've ever had to put in place.
Speaker BAnd it was because every bot Apple indexes Twitter.
Speaker BWhy?
Speaker BWe don't know.
Speaker BBut their bot would touch, they would touch that media file.
Speaker BNow, that one wasn't necessarily downloading it, but some bots, because they were using bitly codes, they were actually going out and downloading the media file, thinking it was a web page, trying to index it.
Speaker BSo some of the bots were stupid.
Speaker BSo it was actually costing people bandwidth.
Speaker BSpreaker went to the point of actually throttling the Twitter, the Twitter spammers.
Speaker BSo, and also the way media is delivered, sometimes you could see 11 entries in a log file, which was on for someone that was not really used to looking at log data, that was actually one, even though there was 11 entries from the same IP.
Speaker BBoom, boom, boom, boom, boom, boom, boom.
Speaker BAgain and again and again.
Speaker BAnd to the untrained eye, it looks like 11 and was actually 1.
Speaker BSo believe me, I want the numbers to be as big as they can be.
Speaker BBut I've had one saying for 10 years, I don't care what the number is, as long as I know what the number is.
Speaker BAnd it may hurt people's egos.
Speaker BWe have people come our system all the time, and the first email I get after two weeks is, my numbers went down.
Speaker BWhat did you guys do?
Speaker BAnd it's like hate mail, you know, cussing at me over email.
Speaker BWhat did you you guys are just broke.
Speaker BNo, it's not broke.
Speaker BIt's just you haven't been calculating correctly before.
Speaker BI'm sorry, but your numbers aren't what they were.
Speaker BDoesn't always happen.
Speaker BBut you know, I just.
Speaker BAnd if you're not doing media buys, you don't need stuff stats.
Speaker BMatter of fact, if you're not doing advertising, don't look at your stats.
Speaker BSpend that time improving your trade, getting that content rich and vibrant.
Speaker BYou focus on the content and as the audience grows, the money will come.
Speaker EThank you.
Speaker ESo my second question is about cpm.
Speaker EAnd CPM comes to us from television, it comes to us from radio, which are inherently flawed because you cannot actually collect the true number of people that are listening to a radio program or watching a TV show.
Speaker EAnd I just wonder if we as podcasters have now inherited this flawed commercial sales model which isn't really based around value, it's based around numbers.
Speaker EAnd if, you know, I don't like cpm.
Speaker EWhen I sell commercials for my show, I don't typically sell cpm.
Speaker EI have a low number of listeners and low being 2,000, 3,000 listeners per show.
Speaker EBut I don't sell them on CPM.
Speaker EI sell them a value.
Speaker EI sell them the expert voice that I have.
Speaker EAnd we don't talk cpm.
Speaker EAnd I think if you calculated it back into cpm you would see that I'm getting a lot more money for.
Speaker EI'm sure you are the commercials than if I was taking a CPM approach.
Speaker ESo I just wanted to get your.
Speaker BIf the alignment is good with the sponsor, flat rate's great.
Speaker BI think, I think flat rate is fantastic if you can get it.
Speaker BMy goal in having GoDaddy for 10 years was I didn't care about the 90 day run, I cared about the 10 year run.
Speaker BI want them there for, you know, they've been with us for 10 years.
Speaker BSo we worked on the GoDaddy model was flat N CPA.
Speaker BSo based on the number of sales we got additional money for the CPA run.
Speaker BOther deals we've done has been CPM deals.
Speaker BWe've done flat rate.
Speaker BI think if you're a small podcaster and you get a flat rate with a vendor that directly aligns with your show, you should be able to demand a premium on that and that may back into a 40 or $45 CPM in the end.
Speaker BCPM, CPA, flat rate.
Speaker BThe only thing that counts is at the end of the month when they look at the number of sales or if you've upticked their numbers, what they were expecting.
Speaker BIf you hit that metric, they'll renew every, every, every month.
Speaker BSo you know, that strategy is good for small podcaster go after that flat rate.
Speaker BBut you're going to have to really narrow and align perfectly with who you're going to be sponsoring.
Speaker BAnd it's a product that will help you.
Speaker BNow, one thing, I'll give you guys a little trick on.
Speaker BFor every sponsor, I create a dedicated landing page on my website.
Speaker BWhy Google?
Speaker BBecause I'm talking about that sponsor.
Speaker BI've written some content in there about what I think.
Speaker BSo not only do I tell my ohanaglegeeknewcentral.com GoDaddy but GoDaddy goes to that page too.
Speaker BI mean, Google goes to that page too.
Speaker BSo there could be some arbitrary traffic you're getting from Google.
Speaker BYeah, actually everything we do with the sponsors has a tracking code.
Speaker BAll the banners, all the links have.
Speaker BAnd they can tell, believe me, they know that traffic came from a search engine because it came in and they can see how that path went.
Speaker BThese vendors, they know where that traffic's coming from.
Speaker BAnd the folks that actually use the promo code in the actual page, that's the best.
Speaker BThat's the ones I want.
Speaker BBecause then they know there was a direct response.
Speaker BI send them my site first.
Speaker BThat's where I tell my audience to go.
Speaker BI have a link on the show notes to go now.
Speaker BAnd here's the key to that, is that this is a long.
Speaker BYou know, my goal is to keep the sponsor for a long time, so oftentimes they'll tell me, all right, harrys.com todd or whatever.
Speaker BWell, I want them to go to geeknowcentral.com Harry's and read about the product as well.
Speaker BThey can go direct, but some people catch it in their eyes, some people hear it in their ear, some people see it visually.
Speaker BSo I have banners, text, I have.
Speaker BI get them all three ways.
Speaker BGo ahead.
Speaker FHello, Todd, Am I on?
Speaker FYeah, thanks for being here.
Speaker FCan you tell me your website?
Speaker FBecause I found a geeksnews.net There you go.
Speaker BOkay, got it.
Speaker FGeeksnews central.com Geek geek.
Speaker FGeek geek.
Speaker FI have one other question, if I may be so bold.
Speaker BSure.
Speaker FBecause I'm shopping for a podcast hosting site and of course I saw Libsyn and Blueberry over there.
Speaker FCan you tell me why I would be swayed by Blueberry?
Speaker FI mean, can I ask that question?
Speaker BAre you guys okay with me answering this question?
Speaker BOkay.
Speaker BWe believe that podcasters should control everything.
Speaker BIf I go out of business tomorrow.
Speaker BPowerPress will still work.
Speaker BYour website will still be up.
Speaker BIf my competitor goes out of business tomorrow, you know, how do you recover from that?
Speaker BThat site has had the same rss feed for 10 years.
Speaker BI don't use feedburner.
Speaker BI have incredible amount of traffic to that.
Speaker BThey'll say, oh, don't host your own RSS feed because it may not load.
Speaker BThey want you locked into their vertical.
Speaker BOnce you're in their system, they know you're.
Speaker BIt's a pain in the.
Speaker BTo leave.
Speaker BSo I say build your brand.
Speaker BUse whatever.
Speaker BThere's other plugins.
Speaker BYou don't have to use ours.
Speaker BUse whatever plugin.
Speaker BUse whatever host you want.
Speaker BBut I'm just saying build your dot com from the ground up.
Speaker BI think that's the best way.
Speaker BThen syndicate everywhere.
Speaker BSyndicate on SoundCloud, syndicate on all the other sites.
Speaker BI'm on Stitcher, I'm on Spreaker, but I syndicate over there.
Speaker BI don't host with them.
Speaker BI have my primary location.
Speaker BSo you want to be able to grow your show over time.
Speaker BI'm not saying anybody's going out of business, so don't write that down.
Speaker BBut I'm just saying that we believe that a podcaster should be able to control his own destiny.
Speaker BIt's a.
Speaker BIt's a part of our company.
Speaker BDNA.
Speaker BIt's my DNA.
Speaker BSo my DNA focused into that.
Speaker BIt's a little more work.
Speaker BI think she's going to go, hi.
Speaker CVery informative session.
Speaker BThank you.
Speaker CYou mentioned cereals.
Speaker BCereal.
Speaker BThe cereal podcast.
Speaker CCereal podcast, yeah.
Speaker BWhat area do you think the industry.
Speaker CIs looking for more information in?
Speaker CIs it more exercise, more business?
Speaker BPeople love to listen to stories.
Speaker CStories.
Speaker BSyria was a story.
Speaker BIt was Classic Journalism 101.
Speaker BIt was investigative journalism.
Speaker BThey went out and built a series of investigative reports that was very intriguing.
Speaker BSo people love a story.
Speaker BSo you have to be a storyteller in your shows.
Speaker BI tell stories all the time in my show.
Speaker BI stop halfway through the tech content.
Speaker BI get on a tangent, talk about something.
Speaker BYou know, I blast the people I'm talking about.
Speaker BI praise them.
Speaker BBut if we can become good storytellers and do good investigative work on the content that we're putting on.
Speaker BPeople love that kind of stuff.
Speaker BHow many.
Speaker BYou know, see, what was this show?
Speaker BI'm showing my age here.
Speaker BThere was a television show that was.
Speaker BI think it was on cbs.
Speaker BDan Rat was a.
Speaker BWho was it that did that?
Speaker BIt was an investigative reporter television show.
Speaker B48 Hours is one.
Speaker BBut there's a.
Speaker BIt was.
Speaker BThere Was one.
Speaker BOh, my God.
Speaker BIt was famous for many years and it kind of fallen by the wayside.
Speaker BIrregardless.
Speaker BInvestigative journalism and telling stories on TV doesn't happen anymore.
Speaker BWhat do we hear on tv?
Speaker BYou know, how many times you hear about a plane crash?
Speaker BA thousand times.
Speaker BWe don't really hear what's happening in the world.
Speaker BSo tell stories.
Speaker BI think we all like to hear stories.
Speaker BThat's what cereal did.
Speaker BIs that it?
Speaker BGo ahead.
Speaker BOkay.
Speaker BLet other people hear you.
Speaker CHow do you market your podcast and how many times a week do you air your podcast?
Speaker BDo you put up episodes?
Speaker BI podcast twice a week.
Speaker BIf you're not in your listener's ears once a week, they don't build you into their lives.
Speaker BSo I say you have to be in there weekly.
Speaker BAt least I'm in twice.
Speaker BMarketing my ohana market for me, my website markets for me because I pick up listeners.
Speaker BI. I say welcome to the new listeners on every episode.
Speaker BAnd I use social media.
Speaker BI don't do a lot of extreme marketing.
Speaker BBut what I have done is I went and get content for them that is unique that no one else is bringing.
Speaker BAnd I tell them the truth.
Speaker BThere's no rocket form circuit, secret rocket formula here.
Speaker BYou just have to bring them content.
Speaker BThat's what they want.
Speaker BGo ahead.
Speaker GMy name is Martin.
Speaker GI'm from the Philippines.
Speaker GPodcast Phaboute.
Speaker GThank you.
Speaker GI've been going back to NAB for four years and I'd like to tell you that this is one of the best sessions that I've attended.
Speaker GTodd, you mentioned about syndicating that you syndicate with Spreaker and others.
Speaker GDoes it mean you have to upload it in different.
Speaker BI signed up for Spreaker's $49 plan and they just pull it.
Speaker BYou know, they just pull it.
Speaker BBut hey, guess what?
Speaker BA listener's a listener.
Speaker BI don't care where they come from, but when they listen, they know where to come back to.
Speaker BThey know to come back to Geek News Central because they know there's going to be fresh content there on a daily basis.
Speaker BI didn't mention this, but I also be now, for the first five years, I did a blog article every day.
Speaker BThere's 13,000 blog articles on my website.
Speaker BBut now I pay writers to do that writing for me because I can, because I don't have time to do it.
Speaker BBut if you're going to grow your audience, you got to build that website traffic.
Speaker BYou got to write stuff about your topic on off blog days.
Speaker BYou got to keep coming back.
Speaker BThat's the only way you build the.
Speaker BThe inbound traffic, in my opinion.
Speaker BAnd there's, you know, you can buy, you know, advertising stuff that gets expensive, you know, and minimal results.
Speaker BDid I answer your question?
Speaker GDoes it mean that you have to pay every podcast platform for them to.
Speaker BNo, I think I'm the only one I pay is Spreaker.
Speaker BEverything else, Stitcher takes it automatically.
Speaker BMost of them just pull it.
Speaker BSo I think Spreakers, the only one I pay for, and there's not that many.
Speaker BIf you were at the state of the podcasting speech, iOS is 87% of this.
Speaker BSo those other sites are the 13% of the remaining distribution.
Speaker BSo, you know, Is it worth 13% up tick to be in everywhere else?
Speaker BYeah, it is, if you want to be.
Speaker BWell, I would say.
Speaker BYou want to be in Spreaker.
Speaker BYou want me to Stitcher.
Speaker BAnyone else?
Speaker BYou guys are.
Speaker BWhere else are you guys at?
Speaker BRoku.
Speaker BI've got a.
Speaker BWe got a Roku channel.
Speaker BAnd if you're on some of the networks, like if you're on Blueberry, you're automatically in the Roku channel.
Speaker BIheartradio.
Speaker BYep.
Speaker BSo you can apply to be there.
Speaker BBe careful on how you do that with them.
Speaker BYou have to apply.
Speaker BBut I think.
Speaker BI think Pandora is going to have podcasting soon.
Speaker BI think.
Speaker BWhat was one other.
Speaker BHuh.
Speaker BSpotify.
Speaker BProbably Spotify as well.
Speaker BSo, you know, I'm just firm believer.
Speaker BBe anywhere you can be so that they can find you.
Speaker BSome companies only want everything still piped.
Speaker BI don't believe in still piping, so.
Speaker BThat's right, because you gotta, you know, for me, it's like, gotta keep the machine running, you know, gotta keep the wheel greased here.
Speaker BSo.
Speaker BAll right.
Speaker BYes, go ahead.
Speaker BWe're probably close to 70.
Speaker BThey didn't know that.
Speaker BThey had no idea.
Speaker BThey.
Speaker BShe called me, she said, you want to hear a funny story?
Speaker BShe called me, she says, how's 300 bucks a month sound?
Speaker BYes, let's do it.
Speaker BSo they made a mistake the first month after they called me back and they said, this is how many new customers you had.
Speaker BI worked the math for a couple of hours, spreadsheeted it out.
Speaker BShe made a mistake of telling me how many domain customers and how many hosting customer it was.
Speaker BAnd I just kind of did some basic plans and I went back and I said, here's the new number.
Speaker BAnd I should have put a bigger number on it because she said, okay.
Speaker BDidn't even blink.
Speaker BYou know, it's one of those you miss, you know, you should have put a little more on but that base number that I agreed to 10 years ago is my base number today.
Speaker BSo be careful of that first negotiation because you may be stuck with that base for a while, you know.
Speaker BSo go ahead.
Speaker BYeah, it's like herding cats.
Speaker BSo one thing I will tell you this on building a network, don't ever do it co op style.
Speaker BThere has to be a boss.
Speaker BSomeone has to be the boss.
Speaker BI built tech podcast as a co op that lasted two years.
Speaker BYou know who all did all the work?
Speaker BMe.
Speaker BBut everyone's getting equal amount of money back.
Speaker BSo when I decided that wasn't working, I bought the network back.
Speaker BI paid cash, I paid the stock and some cash to the 12 other initial.
Speaker BWas that what it was?
Speaker BOkay, you can stay there.
Speaker BSo if you're going to build a network, got a people you can trust.
Speaker BYou have to have clauses to get them out.
Speaker BYou can't own their content but you have to have minimum time periods.
Speaker BI have a small number of shows at Geek New Central that I work with very tightly.
Speaker BIt's people that I really trust.
Speaker BWorked with for a long time.
Speaker BWe signed two year deal, two year commitment.
Speaker BThey own their show, they can take their show with them when they leave.
Speaker BThey keep their branding because they already had established shows.
Speaker BI only brought in established shows, two year commitment.
Speaker BAfter that two years it's on a month to month after that and we either one of us with the 60 days of discussion can get it out even in that two years.
Speaker BBut I've never had anyone leave so.
Speaker BAnd then we agree to cross promote.
Speaker BBut the networking I was talking about was not building a network.
Speaker BHave a friend network of like minded shows.
Speaker BYou don't have to formally sign contracts.
Speaker BIt could be you reaching out to your show that you love that's in your space or you hate that's in your space because he's maybe bigger than you or small, you know.
Speaker BBut you got to make those relationships and you know do that Olive Garden say let's you know both boats rise to the top at the same time.
Speaker BSo yeah, when we were building the tech podcast network with well I was about to step on it, wasn't I?
Speaker BThe it was crazy because are you going to do the graphics this week?
Speaker BAnd yeah, there has to be a boss.
Speaker BIf you build a formal network and get use a lawyer.
Speaker BI don't want to talk disparagingly about anyone but there's been a recent breakup of a big tech network.
Speaker BI don't know the legal deals behind that but they had a brand that was incredibly valuable.
Speaker BIt's done because of some sort of disagreement.
Speaker BI own 51% of everything I do, except for Rob Ways.
Speaker BWe're a partnership.
Speaker BWe have five partners that have equal, equal value in the company.
Speaker BBut everything else, I own 51% in, because I don't want someone to say, we're shutting this down and be forced out.
Speaker BSo if you have a co host, same type of deal, you need to make some sort.
Speaker BThere's someone in the.
Speaker BIn the co host deal has to be the boss, and that has.
Speaker BAnd that usually if.
Speaker BBut if you take on 51%, that means you have to do probably 70% of the work.
Speaker BYeah.
Speaker BOr more.
Speaker BSo that co host thing's tough.
Speaker BHow many have co host.
Speaker BHow many of you have had fights with your co host?
Speaker BOh, okay.
Speaker BIt will come.
Speaker BYeah.
Speaker BYeah.
Speaker BAnyway, thanks, folks.
Speaker AI remember, and I owe this to Todd.
Speaker ATodd was one of the people when Rick Calvert said, who should we get to head up the podcast space?
Speaker ABecause the guy had been doing it, had stepped down, and he had called Todd.
Speaker AAnd Todd was one of three people that said, why don't you get Dave Jackson?
Speaker ASo thank you, Todd.
Speaker ABut here's the official release here from POD News.
Speaker ATodd Cochran, the CEO Blueberry Podcasting and an independent podcaster, has died.
Speaker AHe was 61.
Speaker A61, man.
Speaker AIn a statement from the company Blueberries, Barry Kantz said his leadership passion and belief in independent creators guided Blueberry from day one.
Speaker ATodd's impact on our company, our team, and the entire podcasting community is immeasurable.
Speaker AAnd I realize there's a big brain gap here.
Speaker AEverybody's like, how, what, what, how did he die?
Speaker AHe had a heart attack.
Speaker AAnd that's the part that's so scary.
Speaker AHe's one year older than I am, and the last time I saw him, he had dropped 30 pounds, was looking great, got a great bill of health from his doctor, was super proud of him for dropping the weight.
Speaker AAnd then, you know, you get a blood clot that goes to your heart and you're done.
Speaker AI just.
Speaker AMy brain cannot process this at the moment.
Speaker APOD News ran a full obituary that I will link to in the show notes.
Speaker ABut I just wanted to remind you that when it's your time, it's your time.
Speaker AAnd my heart goes out to his family, his children, his friends, to everyone at Blood Blueberry.
Speaker AIt's.
Speaker AThere's a hole in the podcasting space today and some very, very big shoes to fill.
Speaker AAnd hug your kids, hug your spouse, because you just never know.
Speaker AYou just never know.
Speaker AI will see you on.