Join Me at EntreFEST!

It will be really special! People from all over the country will be converging on Cedar Rapids, Iowa for EntreFEST June 10 - 11. Why? Great MPL ENTREFest image 2021 question.  People will be coming to learn and earn for their startup dream or their current entrepreneurial business. On hand will be a host of speakers on topics from finance to marketing to wellness, diversity, sales...you name it. If it has to do with business you'll find something here that clicks.

This will be my first time at EntreFEST and I'll be speaking on Podcasting for Business. I'll cover topics from why podcasting rocks to equipment, sales, promotion and more. Plus, for those who want some "one-on-one" time I'll be available for questions and offer some coaching tips.  So why me on podcasting? We've been doing the daily Insight on Business in podcast form and on the radio for a dozen years.

In addition, because we do this every day.  I'll be there to record some "evergreen" business interviews that we'll use over the next several weeks.  Hey, you get to be part of our "studio audience" as well. 

Here is your link to purchase tickets for EntreFEST 2021 and BONUS...if you use the promo-code LIBBIE you'll get 20% off the price.  Also, if you're not keen on making the trip you can join the event virtually as well.  So, no excuse for anybody anywhere on the planet to miss this great event.

See you in June!


Baby, I'm Amazed...

The ability to connect with customers, clients and co-workers has never been greater. Go ahead, pick a platform from traditional media use Connecting Puzzle Image to podcasting to a host of social media platforms. Never before has there been so much opportunity yet utilization, real utilization, and the understanding of how to make it all happen tends to rest with just a few of us. I'm amazed.

Last week I joined Clubhouse (thank you Ben McDougal) and was involved in a deep dive into journalism. From how people are consuming the news to the many platforms that are available to a deep concern about an aging population that still relies on print and what happens when that goes away. We talked about news silos where people only get their information from a source that aligns with their personal/political view. We chatted about independent writers and journalists that are freelancing and publishing on Substack or on their blog or in an electronic newsletter. Baby, I'm amazed...

If everything that I wrote in that second paragraph reads like some sort of techy gibberish you would not be alone. Think of that entire ecosystem as a layer of knowledge and activity that is going on in what would seem like an alternative universe. And, to a point it is. News Typewriter

While the vast majority of people and businesses survive on some traditional and "old school" models of marketing, advertising and information gathering you need to know those old models are quickly going away or being replaced with other means of connecting. And, that...can be a blessing our a curse.

It all depends on your target market...the people that really matter to your business.

I was watching "Better Call Saul" the other night (If you've not seen it...go...you will not be disappointed.) when the main character Jimmy McGill, a down on your luck attorney and the person who later becomes Saul Goodman, recognizes an opportunity to do something called "elder law". Jimmy_McGill Saul You know, doing wills and trusts for older citizens.  In one scene we see what appears to be a long-term care facility day room with dozens of elderly people talking, playing cards, doing puzzles and the staff is handing out Jell-O Cups.  As the people eat the Jell-O there is a message printed on the bottom of each cup that says, "Need a Will? Call Jimmy McGill" and an image of McGill's face.  And, of course, McGill is in the room glad-handing each person and giving some really over the top complements.

Brilliant...  You see Jimmy knows his customer base and it would be a waste of time and money to try to reach these folks with traditional media and so he does some inventive "direct marketing" on a personal scale. Now, the show doesn't tell us how successful this method is but if he gets just eight people, out of the sixty there, he's made a good return on his investment.  But, the key was he KNEW who and how to connect.

So, where is your key customer? They may be consumers of local radio or television. They may be die-hard print subscribers or they may be digital consumers or early adopters of various communication tools from Clubhouse to Twitter. The question to you is, "Where are my customers/clients/co-workers spending their time gathering information?"

Figure that out and you...win.

 

 

 


So, You Want to Add a Podcast for Business?

Back in the day we were early adopters of the business blog. It's a great way to tell your business story outside of somebody else doing Blog Image the work for you. And, we've always believed that organic is much better than hiring outside help...unless you don't have the time or interest.

It's the same for business podcasting.

Let's be clear, with more consumers being mobile and listening to "spoken word" on their devices the business podcast makes sense. And, while you could invest in radio or television why not become your own broadcast facility?  But, we get it. You may not have the equipment and or experience to create the content or edit the finished product.  Totally understand and that's why we've launched our new business podcast service.

New Studio ShotIf you've followed our work you know we've been in the broadcasting and podcasting world for over a decade. Recently we added the equipment necessary for us to assist our clients in creating their own branded podcast. Our work includes the recording, editing, dubbing in your branded music/jingle and more. We'll even help you create your social media channels to distribute your content. Just like we're doing for a new Minnesota based client.

OK, so let's say your business isn't using social media (which, we think, is a mistake) perhaps you've been doing email marketing or direct mail marketing. Did you know that you can use those tools to also distribute your business podcast? 

There are many ways a business podcast can be helpful in telling your story. And, if you've been doing a business blog for some time turning those stories into a podcast gets even easier.

So, let's visit. That conversation won't cost you a dime and you may come away with some great marketing ideas.

Thanks for reading! 

 


The Business News Headlines 13 March 2020

Those of you who know us know that we've been the engine behind Insight on Business the News Hour for the past ten years. Born Business News Image out of a lack of anybody else doing it we created this platform to report on the major business news stories of the day and share it with thousands of people worldwide.

Today, we're trying something different and posting the newscast here as well as our Radio Blog. Just to see if you're interested.  Here is what you can expect today:

  • While the markets rebounded there is that "testing" thing;
  • Businesses are starting to trim staff;
  • Movie theaters are getting creative;
  • Bidet (What??) sales are shooting up;
  • Fiat Chrysler shutters a plant;
  • Small businesses are being impacted;
  • The Wall Street Report
  • Soccer and wages;
  • Plus we usually have Jeff Pitts from Cityview with "Stuff to DO". Today that changed.

Thanks for listening!


Those Podcast Download Numbers...

Over the years we've seen the number of "downloads" for Insight on Business the News Hour continue to grow. From a couple of hundred IoB image seven years ago to several thousand today. Of course we're on seven different podcast locations...so that helps.

But, here is the surprising number: 14%

According to Apple only 14% of the podcasts on that platform are "downloaded" the rest are "streamed". It's a pretty stunning development and one that we should have noticed because nearly all the platforms we're on allow our listeners to stream as well as download. 

In addition to that bit of news we also allow listeners to stream from our Radio Blog that comes out each day.

The bottom line here is that metrics can be tricky especially when there are multiple ways in which to access content. So, maybe the correct answer to the question, "How many listeners do you have?" might just be..."Lots!" 

Thanks for reading! 


Random Marketing/Advertising Thoughts

Every so often stuff happens that business people need to better understand when it comes to marketing and advertising. Here are just two items that should get you to think about your approach to consumers. Pepsi bottles

Pepsi Wins

Even in light of downward pressure on Wall Street Pepsi this week posted some impressive gains as the company posted third-quarter gains that beat expectations. Analysts had expected revenue of $16.93 billion however Pepsi turned in revenue of $17.19 billion. What does the company say contributed to the unexpected increase in revenue? Advertising. Pepsi CFO Hugh Johnson said, “The increased advertising that we have is causing consumers to shop us more aggressively, and our customers are rewarding us with that [grocery] space because they know that we can help them grow."

Yeah....advertising.

Podcasting

Podcast MicRemember when people said social media was a fad? Sure you do. I remember traveling around the country giving presentations about the power of social media and many times attendees came up to me and told me, in no uncertain terms, "Social Media is going to go away. It's a fad and we'll get over it."  And, to be honest there are still some folks out there who believe that...even though social media platforms continue to grow.

Now it is podcasting that some say is a fad. However, consider this piece of news: "The Interactive Advertising Bureau/PwC forecast predicts $678.7 million will be spent by advertisers on podcasts this year. And revenue will top $1 billion in the next two years." And that, my friends, comes to us from the publication Inside Radio.  So if radio is paying attention to podcasting...shouldn't your business?

Marketing and Advertising thoughts...it's what we do...every day.  And, if you want to check out our Insight on Business the News Hour podcast you can find us on your favorite podcast platforms:  Google PlayPlayerFMPodbeaniTunesSpotifyStitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday at 2pm on News/Talk 1540 KXEL.

Thanks for reading...now go sell something!

 


Think Before You Launch That Podcast

Last week I had the opportunity to speak at a Lunch & Learn for the Carlisle, Iowa Chamber of Commerce about effective communication. Man Thinking How the vast majority of what you "say" isn't as impactful as your visual and vocal skills...or lack of them. It's true. While we might like to "think" content is king in communication in reality that content amounts to only 7% of your ability to connect with your audience...be it one person or one-thousand.

So, where am I going with this?

Think...Podcasts.

Every day an individual or a company launches their podcast often without really thinking about the two items that truly impact a listener: Visual & Vocal. Now, it's true that with an audio podcast visual can often be taken out of the mix unless you, as we do, incorporate some video teasers as to the content.

That leaves the impact of your vocals. At the Lunch & Learn an attendee asked this question, "What if you are not a trained broadcaster or public speaker, what are some of the hardest things to overcome?"

Great question. 

We talked about the use of "filler words" and vocal inflection and projection. Which brings me back to podcasting.

Mobile Studio in Mobile 2019This week three new podcasts came to my attention. When things like that happen I like to click through to listen...just to hear what others are doing in the podcast world.  All three of these new podcasts we're created by fairly large companies and/or non-profits and they were all...awful. Using the formula regarding Content, Visual and Vocal each of these new podcasts missed in the two most important categories with "vocal" being really bad.

Podcasting is the new cool way to connect but if you fail to think it through and your work sounds like you recorded it over a speaker phone...you are done. Stick a fork in it.

So, before you launch here are just a couple of tips: (Image is of our "mobile studio")

  • Get A Good Microphone - There are loads of options available. If it is just you or one other person you can get by with a USB mic like the one I use. It's the Blue Yeti and the quality is superb...broadcast quality. It allows you choose several options from picking up the entire room to picking up one voice direction or two. Here is a link to Blue...we love their products and their service is top notch.
  • Microphone Tip Two - We do a ton of remote recordings so we invested in some great equipment that we can take with us. Now, you may not be moving around but you might consider, if there are multiple people on the podcast to get mics and a recorder that can handle several inputs.
  • Recording Device - When on the road I use a Zoom H4nPro for my recording. Simple to use and set up and the quality is amazing. It has two microphone inputs and you can also record using the built in microphones but, for podcasting get a couple of good mics. It's worth the investment. Here is a link to my favorite audio/visual store that has great service B&H New York City. And they have dedicated professionals in each area so you can ask your questions and some smart people will be able to answer them. 
  • Microphones - I use the Audio-Technica AT8004L for my remote recordings. I like that the mic body is a bit long. When using just one for a quick interview, rather than a "sit down" conversation I think my subject appreciates that my hand isn't in their face. You can pick those up at B&H as well
  • Post Production Software - We've used the open source Audacity program for years it's easy to learn and you can add so many touches to your podcast...like a pro. Here is the link to Audacity. Yes, there are more expensive programs out there...but for our use this has worked just fine. And, remember we're also sharing our podcasts on various radio broadcast outlets.
  • Visual Use - Make sure you take a photo of your podcast session and identify the people involved. It helps create a human touch. Likewise create a logo for your podcast so people know what it is that you are doing.
  • Plan & Be Informative - Sure you can have fun with your podcast...we do a weekly piece about "Stuff to DO" with our friends from Cityview Magazine but the majority of our news and interviews are things that many people simply don't know about. So plan your work to be informative.
  • Know When to Stop - People listen to various lengths of podcasts. We've found, over the years, that for us the best length of our interview segments is between 16 and 20 minutes. Anything over that and we create a Part One and a Part Two. 
  • Share Your Podcast - We recommend that you be active in the social media world. If you simply post to your company website it's highly unlikely others will find you. Get social and watch your work get traction. 

I truly hope some of this helps. But, if in doubt let us know. We're more than happy to answer your podcast questions.

Here is a LINK to our Radio Blog for Insight on Business the News Hour so you can get an idea of what we do...there.  

Thanks for reading! 


"Podcast? What?"

My bet is that just five years ago that would have been the response of many who had never heard of a "podcast". Today it's so much different. Today, according to a recent survey of 16 to 64 year old internet users, 39% consume podcasts each month. Here is that data.

That's a big number and it continues to grow. The reason? Convenience. Online Content Use July 2019

And, that is why more and more radio stations are starting podcasts. You read that correctly. radio stations starting to do podcasts.

It's all about the time crunch that faces everybody. No longer do you have to sit and wait for the news or information. You can subscribe to a podcast and get it delivered to your inbox on your time. And if the host is knowledgeable and engaging so much the better.

One other quick fact. We're seeing more dollars being spent advertising on podcasts. Back in the day when FM radio started I remember sales people having to carry a small portable radio to clients so they could prove to them that FM radio existed. No, really! Today it's podcasting. People who are not informed about the power of podcasting are having to learn a whole new way of advertising their products/services.

On a podcast the traditional thirty-second "ad" doesn't work like it does on radio or TV. Listeners want what they want and don't wish to wait through several minutes of commercials. So the savey podcaster knows that embedding the message into the stream makes more sense.

IOB LOGO BWOne other thing about podcasting is quality. The quality of the audio is critical to a successful podcast. If the podcaster puts out lousy
audio that distracts from the content all is lost. It's one of the reasons professional audio and those who are experienced in audio seem to have better response to their efforts.

We've been in the podcast space for over 10 years starting with something that was way ahead of it's time at WebcastOne Live to our current business news podcast, "Insight on Business the News Hour". Sure it's about business and it's not as sexy as a murder mystery or a political rant...but's it's effective and it seems to deliver content that is appreciated while also garnering financial support.

Podcasting...yep...it's here to stay.

Thanks for reading. 

  


Five in 24 - Five Things to Re-Brand & Sell More Stuff

For several years I've offered up a seminar on "Five in 24 - Five Things Any Business Can Do in Twenty-four Hours to Re-Brand and 5in24_LogoSell More Stuff".  It's been the most requested piece I do. Has it changed? You bet! Each time I go out, as I just did with the New York Press Association Annual Meeting, I refine it to match the needs of the audience I'm speaking to.

And, that is one of the Five Tips that is included in "Five in 24"

Know Your Consumer

It doesn't matter if you are selling a product or a service the basic metric of success is knowing your customer base. That's why, before I head out to do a presentation I adjust the guts of the seminar to match the needs of the people I'm speaking to.  For example the publishers and editors of the New York Press Association are struggling with new ways to connect to their readers outside of the printed product. 

To be sure the community based newspapers that are represented by the NYPA are doing pretty well. They are not daily papers but hyper-local papers that laser focus on their town, city, community. That they've got. But, what other things might they use to connect with their target audience?

Podcasting

Mobile Studio in Mobile 2019One of the new additions to "Five in 24" is Podcasting. I've been in that space for over ten years, long before it was considered cool and when it seemed like you were "talking to yourself". But today it's a thriving media option for busy people who may not have time to sit down and read. Want to check us out? Here is the Radio Blog for Insight on Business the News Hour

And so, I tailored my presentation to reflect that reality. Was it well received? Yes...and while the reviews are not in I'm confident that I was able to peel back the onion a bit and introduce them to the power of podcasting.  

The bottom line is you must know who your target customer is, where they hang out, how they buy what they buy. Once you've got that down all you need to do is create a story to move from "customer" to a lasting relationship.

Thanks for reading! 


The Power of YouTube for Business

Sometimes we forget about the powerful search abilities that YouTube offers businesses. And, it doesn't have to be a complicated video with Karen McCullough YouTube Image Feb 2019lots of shots and edits.

So, what can you do?

Last month I did a phone interview for Insight on Business the News Hour with Karen McCullough, a professional public speaker based in Houston, Texas. And, yes we shared it for several weeks on various social media platforms from Twitter to LinkedIn. (It's what we do there.) 

Karen went the extra step and created a YouTube video of her audio interview complete with some neat artwork (see above). Then using the the correct keywords posted it on her YouTube Page. While at the same time promoting an upcoming speaking engagement.

Brilliant!

And, frankly, that got us to thinking about how we might do a better job on The Business News Hour when it comes to YouTube.

Here is that video/audio of her interview.

And, remember it's something you can do as well.

Go get 'em!