Podcasting: Too Diverse To Fail?
Listen now
Description
The next few months are looking pretty rough for podcasting. And just about every other industry. Historically, podcasting has proven itself to be rather resilient. But there are lean times ahead. Are you prepared? #podcasting Photo by https://www.pexels.com/photo/person-holding-pink-suede-long-waller-910122/ (Robert Bogdan from Pexels) Everything just looks... bad right now. War in Europe. A down market. High inflation. Personal liberties revoked. Even crypto is tanking. So to ask the question outright: can podcasting survive the coming storm? Yes. But not because it's too big to fail. Because podcasting is too diverse to fail. First, some good news: I'm stoked to welcome https://www.linkedin.com/in/tomwebster/ (Tom Webster) to the https://soundsprofitable.com/ (Sounds Profitable) team. Both Tom and http://linkedin.com/in/bryanbarletta (Bryan) share in my commitment to make podcasting better, and you're going to love what we're cooking up. OK. Back to the bad news: I don't know a single serious podcaster who isn't looking at the world around them and wondering just how their world will change in the coming months. Me included. But I'm convinced that podcasting will survive simply because I don't see podcasting, or even podcasters, as a monolithic group. But that doesn't mean all podcasters will survive. Candidly, I think "big podcasting" will face the brunt of the onslaught, with casualties expected. Faced with financial pressures, businesses start cutting costs. And one of the first line items to be cut is always advertising and marketing. And podcasting is often under that umbrella. If you're getting paid to run ads on your show, you may see some of your advertisers pull back. So start having conversations with those advertisers now or your agency rep now. And be ready to be flexible and creative. If you're pursuing paid campaigns for the growth of your show, start talking to the other shows, sites, and services you advertise on to see what their plans are. And watch your performance metrics! If people or companies pay you to podcast on their behalf, start talking to your clients and help assuage their fears. And if you get the impression their commitment is wavering...at least you know ahead of time, right? If you work for a company in the business of podcasting, start talking to your bosses. Don't expect the CFO to lay everything out on the table for you, but it never hurts to ask. Gently, though. None of us know how this is going to play out. But it will play out, one way or another. Keep your eyes open. Plan for the worst but hope for the best. The coming recession won't kill podcasting, and I hope you, your show, or your services make it through to the other side. ----- Sponsored by: https://evoterra.link/captivate (Captivate.fm, the world's only growth-oriented podcast hosting company) ----- Links ----- https://www.linkedin.com/in/tomwebster/ (Tom Webster) https://soundsprofitable.com/ (Sounds Profitable) http://linkedin.com/in/bryanbarletta (Bryan Barletta) Got a podcasting service? https://podcastpontifications.com/about/sponsorship-information (Become a sponsor of Podcast Pontifications). Serious about podcasting? Join the https://evoterra.link/app (Advancing Podcasting Community) today! ----- https://podcastpontifications. (Podcast Pontifications) is a production of https://simpler.media (Simpler Media). New episodes are released weekly, providing ideas and questions every serious podcaster should be thinking about. It's created and hosted byhttps://twitter.com/evoterra ( Evo Terra. Follow him on Twitter) for more podcasting insights as they come. http://alliepress.ne (Allie Press) assists with the production and transcription of the show. If you received value from today's episode of Podcast Pontifications, return some of that! We call it https://PodcastPontifications.com/support (value-for-value) and there are many ways to show your support....
More Episodes
Introducing: Trailer Park: The Podcast Trailer Podcast is a podcast that showcases podcast trailers. Whether those trailers were made and then abandoned, were made as creative proof, are part of a larger body of work, or were created just for fun, they're welcome here at the park! Get more info...
Published 02/15/23
Published 02/15/23
Not so long ago, it was possible to talk about the future of podcasting in relevant terms for every podcaster. But podcasting has evolved beyond those simpler times. So what do we do in these more complex times? I'm not gonna beat around the bush. What you are listening to or reading right now is...
Published 11/02/22