Podcasting for Business: Top Podcasters Share Success Tips

Are you thinking of starting a podcast for your business?

Wondering how top podcasters use their podcasts to grow their businesses?

To learn how podcasting can help build your business, I interview Michael Hyatt and Chris Brogan for this episode of the Social Media Marketing podcast.

More About This Show

Social Media Marketing Podcast w/ Michael Stelzner

The Social Media Marketing podcast is a show from Social Media Examiner.

It’s designed to help busy marketers and business owners discover what works with social media marketing.

The show format is on-demand talk radio (also known as podcasting).

This episode is a panel discussion from Social Media Success Summit. It includes myself, Michael Hyatt from the This Is Your Life podcast and Chris Brogan from the Human Business Way podcast.

The panel shares an inside look at some of the podcast secrets you can use to enhance your sales.

You’ll learn about podcast frequency, how to promote your offers and ways to get your audience to take action.

Share your feedback, read the show notes and get the links mentioned in this episode below!

Listen Now

You can also subscribe via iTunes, RSS, Stitcher or Blackberry.

Here are some of the things you’ll discover in this show:

Podcasting for Business

How podcasting can help your business

Michael shares that the most obvious way it has helped his business is with reach. He gets as many podcast downloads a month for This Is Your Life as he gets unique visitors to his blog. His audience has doubled because of it.

He believes that you get a different kind of follower with your podcast. Many people have said that they have never read his blog; instead they’ve connected with him through his podcast.

this is your life podcast show

Michael Hyatt’s This Is Your Life podcast has helped him double his audience.

You’ll discover why podcasting is more intimate and why this type of connection has benefited Michael’s business.

Chris shares his story of how he got into podcasting in 2005, when it was still the early days for this type of platform. He started an event called Podcamp with Christopher Penn.

Back then it wasn’t easy for people to consume a podcast, so it wasn’t a great time for the independent podcaster.

A year or so ago, Chris decided to jump back in again and started The Human Business Way. You’ll find out why Chris puts in a lot of effort to make sure his show is a very personal experience.

Listen to the show to find out why a podcast is a great platform to build a community around.

Podcast frequency

Chris has tried all different schedules for his podcast. He originally put his show out weekly, then more frequently than that and has also gone weeks between shows.

He originally told everybody that he would close the show at 100 episodes. This wasn’t to hurt his relationship with his community, but to carry out tests as a marketer on the flexibility, expansion and depth of his show.

You’ll hear how these results helped him with the new show format.

hbw podcast show

The Human Business Way is nearly at its 100th episode.

Michael’s podcast is a weekly show. He tries to deliver it on a Wednesday morning because people count on it.

You’ll hear the type of content schedule Michael has and what he did last summer when he had a month off to write his book that resulted in only a 10% traffic hit.

The take-home lesson is to figure out what your audience expects. You’ll hear Chris share the formula that works for his audience and how he gets around people’s unwillingness to commit.

Listen to the show to find out one of the downsides to having too many podcasts in a short period of time.

How to advertise and promote what you offer with your podcast

Michael explains how he originally started with ads on the front end, where he knew he had the maximum number of people listening for him to connect with.

However, someone graciously suggested to him that he should give before he expects to receive. The listeners who don’t know you will want to get straight to the juice.

You’ll find out what technique works best for Michael and the types of ads he uses.

social advertising

Test out advertising on your podcast. Image source: iStockphoto

Chris has never had ads on his podcast and he says that it wasn’t for any negative reasons. He’s still debating how he can make advertising happen. When he promotes his own stuff in the show, he has seen almost no uplift.

Michael mentions his own events in his podcast, mainly so people can hear him share why it’s important. He feels like he needs high numbers of impressions for somebody to buy a big-ticket item.

Listen to the show to learn the techniques you can use to find out the best time to include ads throughout your podcast.

What to podcast about

Michael reveals that when he writes a blog post, he decides if it can also be a podcast. If it can, he files it away for a future show. He has around 100 blog posts that he will eventually do a podcast on.

michael hyatt blog article

Michael uses blog content for his podcast.

This allows him to see where the content was weak and make it better or answer a question that wasn’t answered previously in the blog post. It enhances the original article and takes it to another level.

Chris’ show, The Human Business Way, is strictly an interview show. Chris makes sure he interviews people in the business world to whom his community might not ordinarily have access. He also interviews his community members as much as possible.

You’ll discover why Chris tries hard to make sure his community gets their turn at the microphone.

For the Social Media Marketing podcast, I look for two different kinds of people to interview—someone who has an extreme story and someone with extreme knowledge.

You can be strategic and use your podcast as an opportunity to develop a relationship with the person you are interviewing. As a business owner, it’s a great way to get to know someone.

Listen to the show to find out about an interview Chris did that became one of his most listened-to shows ever.

Encourage people to act

At the very end of Chris’s podcast, he calls out people’s names and makes sure they feel cared for and loved. The mindset is that people respond to attention and it prompts a response.

You’ll find out why this technique really works well for Chris and his community.

Listen to the show to find out what clear call to action Michael leaves at the end of his show and why as a content producer it can be really motivating.

How do you know if your podcast will be a success before you commit?

Chris says that you just have to give it a try. He suggests you can make some audio on SoundCloud or AudioBooth first, to see if any one cares for it.

soundcloud share your sounds

Test your audio with SoundCloud.

You have to try and fail a lot if you want to succeed.

Listen to the show to find out what happened when Chris started to produce a video show.

Can you build an audience with a podcast, without having a large blog audience?

Michael says it goes back to how you define success. He thinks it’s easy in the social media space to define it based on the number of listeners.

Although it’s great to have big numbers, it doesn’t always translate into interest, conversion and sales. There are people out there who don’t have large platforms but their audience is engaged, which creates success.

nicholas megalis vine

Nicholas Megalis is the number-one Vine user and he doesn’t have a blog.

You’ve got to try it if you want to succeed. You might discover that an audience on audio receives you better and feels more connected to you than one in a written context.

Listen to the show to find out why you need to dial into your community before you jump to another platform.

The amount of work that goes into a show

Michael explains that when he first started out, it would take him two full days a week to produce a show.

This included the preproduction, production and postproduction. So last spring, he decided to hire a producer, which helped a great deal but it still took him a full day per episode.

You’ll discover how much time Michael has managed to cut off of the production and why his audience hasn’t been able to tell the difference.

Listen to the show to find out how long it takes Chris to produce a show and why he has the time to do all his own postproduction.

Give podcasting a chance

Michael advises you to go for it. Everything he has tried has been an experiment. He’s discovered that the things he thinks won’t work do, and the things that will work don’t.

podcasting

You never know what will happen until you get out there and try. Image source: iStockphoto

Chris advises that you need to fail to succeed.

Listen to the show to discover why it’s been one of the most rewarding things I have ever done in my business life.

Other Show Mentions

This week’s podcast is sponsored by Social Media Marketing World.

SMMW logoSocial Media Marketing World 2014 is our physical mega-conference, which is set to return to San Diego, California on March 26, 27 and 28.

I want to share with you some of the amazing testimonials we received from people who attended last year.

“I will BEG my boss to send me back next year!” - Julie Lowe

“I will definitely be flying back from Tasmania next year.” – Karyn Hogan

You’ll hear a clip from someone who attended the conference last year who was absolutely thrilled to be a part of it.

So if you’re sitting on the fence and aren’t sure if it’s going to be a good investment for your business, visit here and watch the clip of dozens of thought leaders in social media and what they had to say about the event.

I think you will be really encouraged that this is not like your traditional conference. It’s absolutely out of this world. Check it out.

Key takeaways mentioned in this episode:

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If you enjoyed this episode of the Social Media Marketing podcast, please head over to iTunes, leave a rating, write a review and subscribe. And if you listen on Stitcher, please click here to rate and review this show.

Ways to subscribe to the Social Media Marketing podcast:

What do you think? What are your thoughts on podcasting for your business? Please leave your comments below.

Images from iStockPhoto.

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About the Author, Michael Stelzner

Michael Stelzner is the founder and CEO of Social Media Examiner, and host of the Social Media Marketing podcast. He also authored of the books Launch and Writing White Papers. Other posts by »




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  • http://indispensablemarketing.com/ Patrick McFadden

    I really like Michael Hyatt’s approach of writing a blog post, and then deciding if it can also be a podcast. Thanks for sharing!

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Thanks Patrick – Michael is a very smart man

  • http://strategy-keys.com/ David Willden

    Extremely valuable! Thank you.

  • Juanita Dailey

    Yes, I agree with Patrick. I just went through some podcast training and will be implementing it in my social media strategy. I have already mapped out my first 10 episodes but if I get stuck, using my blog post to fall back on is a great idea!

  • http://www.webmaisterpro.com/ Kaloyan Banev

    This is something my online marketing strategy lacks. YouTube channel and that’s it. Though I have planned for quite a long time to start audio podcasting.

  • http://www.proyectaprint.com/ Jose Melgar

    Michael thanks for sharing. I’ve been playing this idea on my head to start a podcast in Spanish on social media. This episode made me think on aspects I had not yet considered. Over the past episodes you’ve mentioned “cliffhangers” I think I get the idea of what those are but can you explain how cliffhangers work and how to leverage them in a podcast? Thanks.

  • Susan Newman

    Great podcast and article! I’m loving my podcast series, and interviewing creative, innovative entrepreneurs! Great tip on talking to the audience like it’s just one!

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Thanks David!

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Thanks Juanita, wishing you the best on your podcast!

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Hey Kaloyan – Now is a great time to get started with podcasts. Check out podcastanswerman.com

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Hey Jose – a cliffhanger is a “to be continued” kinda concept. It is a way to encourage folks to tune in to the next show

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Thanks Susan

  • http://www.boyrista.com/ Boyrista

    Haven’t listened to an episode in a month, finally came back and what a great episode to catch. Love your point about average website viewer lasting 2.5 minutes, but a listener lasting 20 minutes. Incredible insight!

  • http://www.friv200.com/ friv 200

    Why other writers can’t seem to put their thoughts into clear words the way you do is beyond me. I truly appreciate your valuable information.

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Thanks so much Friv! It is years of practice

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Thanks sir!

  • http://www.christianhomeandfamily.com/ Carey Green

    I find that some of the clients I work with to get a podcast going are intimidated by the technological learning curve. For a non-techie person it’s very real. I’m happy to hear folks like Michael Hyatt saying “go for it” anyway. Like anything else, it can be learned or outsourced and the benefits are truly amazing. Podcasting is still in it’s infancy. I truly believe that. Businesses that get on board now and polish up their show will have the benefit of early exposure… it’s going to be amazing to watch how this ride plays out. Thanks for the great show Michael!

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Thanks Carey – Amazing road ahead for sure!

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Thanks Carey – Amazing road ahead for sure!

  • Juanita Dailey

    Thanks Michael!

  • Juanita Dailey

    Thanks Michael!

  • http://jeffkorhan.com Jeff Korhan

    Lots of great tips near the end. Glad I listened all the way through!

  • http://jeffkorhan.com Jeff Korhan

    Lots of great tips near the end. Glad I listened all the way through!

  • http://www.hopeandsuccess.com/ Sabas Flores

    Thank you Michael Stelzner, Michael Hyatt, and Chris Brogan ten stars episode.
    God bless you all always!

  • http://www.hopeandsuccess.com/ Sabas Flores

    Thank you Michael Stelzner, Michael Hyatt, and Chris Brogan ten stars episode.
    God bless you all always!

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    THanks Jeff!

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    THanks Jeff!

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Appreciate your kind words Sabas!

  • http://www.socialmediaexaminer.com/ Michael A. Stelzner

    Appreciate your kind words Sabas!

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  • Traci Reuter

    Great tips! Loved listening to the 3 of you! Is there a tutorial anywhere to use that killer nugget of yourdomain.com/love to make a pre-populated tweet?

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