Value for Value ⚡️


Episode Summary

Tom Webster, partner at Sounds Profitable, and Danny discuss the latest findings from Sounds Profitable's studies on podcast advertising. They also talk about the growth of the podcasting industry and how podcast ads can be more effective.Tom and Danny discuss the recent Podcast Movement conference and the After These Messages report. Tom shares that the report is one of the strongest studies he's ever worked on, and that the conference was a great opportunity for people in the podcasting industry to come together and discuss important issues. Danny asks about the biggest changes Tom has seen in the industry over the past 18 years, and Tom talks about how the industry has grown and evolved, with more people than ever before having access to podcasting technology and platforms.The main change that Tom discusses is the breaking down of the structures of what makes a technical podcast to where we are today with what the mainstream public thinks is a podcast. He explains how this has both positive and negative effects on the industry as a whole. On the positive side, it means that more people are exposed to podcasts and they can be consumed in different ways. However, it also presents challenges in terms of monetization and the overall definition of what a podcast is.Tom and Danny discuss YouTube's recent entry into the world of podcasts. They question whether or not YouTube will be successful in this venture, and speculate on how the company will approach it. They also discuss the potential impact of YouTube's entrance on the podcasting community as a whole.Key points:03:47 The Evolution of Podcasting: From Technical Definition to Mainstream Media05:50 Tom on the Future of Podcasting on YouTube10:35 Twitter Spaces and Podcasting12:14 Tom on the Importance of Trend Tracking in Podcasting14:35 The Benefits of SoundCloud for Podcasting19:11 The Impact of Podcasting on Advertising and Consumer Behavior23:06 The Benefits of Advertising on Podcasts27:31 The Future of Podcast Advertising: Education, Expectation Management, and Improving the User Experience30:01 The Benefits of Programmatic Advertising34:08 The Future of Podcast AdvertisingConnect with Tom to get more insights like this:Sounds ProfitableAfter These Messages (research paper)The Creators (research paper)Tom on TwitterContact me: danny@dannybrown.meProducts I use for Pod ChatNote: these contain affiliate links, so I may get a small percentage of any product you buy/use when using my link.Recommended resources:Captivate.fmAweber email marketingBoomcaster remote interviewingMy Podcast ReviewsReel.so audiogram creatorMentioned in this episode:Enjoy Pod Chat? Leave a review or rating on your preferred app and show the world you care!Did you know every time Pod Chat gets a new review, a baby podcaster takes their first steps? Help a baby podcaster walk today, by leaving a 5-star rating or review on the likes of Apple Podcasts, Spotify, and more. Just head on over to podchat.ca/review and do your magic - these little feet are counting on you! Review the showCheck out Trailer Park PodcastTrailer Park Podcast focuses on the art of the audio teaser, and is hosted by Arielle Nissenblatt and Tim Villegas. Season 1 consists of 8 episodes featuring trailers from very different podcasts.Trailer Park PodcastGet your daily podcasting newsletter with PodnewsPod Chat is sponsored by Podnews - get a daily email with all the latest news about podcasting. It's free at podnews.net. From jobs across the industry to events and conferences, you'll find the latest podcasting info in the daily newsletter. You can add podnews.net to your daily briefing on your smart speaker too - just search for it in your smart speaker app. Visit PodnewsThis podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policyOP3 - https://op3.dev/privacyChartable - https://chartable.com/privacyPodtrac - https://analytics.podtrac.com/privacy-policy-gdrp
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