this is important podcast sponsors

Here's how to turn yours into paid content. The host, Shawn Stevenson, has built an army of dedicated listeners over the course of his 450+ episodes. Once you have clarity about your own niche, your goal should be to find brands from the same niche or that have similar interests. No more than a month shouldve passed between two episodes, unless theyre taking a season break. Podcast sponsors aren't going to work with just any podcast host. A very niche show with around 200 listeners might charge $150 per episode, whilst a podcast with 5000 listeners based around a much more general topic might struggle to get a better deal than $20 CPM. Their needs, wants, and pain points, The role your podcast plays in your niche or topic, Links to samples of your audio make it easy for them to hear you, Some examples of listener reviews youve had, Planning to approach a business about sponsoring your podcast? When was the most recent episode released? Verified. Micro influencers have no more than 20k followers. Instead of being paid per episode, or per 1000 downloads, payment is based on how many people actually buy the product or service. One of the main ways in which podcast advertising is different from other types of traditional advertising is that its very targeted. Its much harder to do this in the written word, where blog posts are Googled and skimmed for the one piece of info the reader wanted. Subscribe to the Podcast to receive alerts as new episodes post. You can also use in-person and online promotion tactics to promote your podcast to a centralized group. It can begin to grate on those whore bingeing through your back catalogue. in the US, charges anything from $150 to $600 for ads. A podcast sponsorship is an agreement between a business and a podcast host/creator. Mitch Russos Tribe Builders Podcast charges $1,500 per month. Source: Pete McPherson DYEB. Just like other types of content, your intro will need to grab attention immediately. How many new monthly subscribers do you gain? These marketplaces earn a commission on any ad sales they help generate. Anchor's CPM rate is $15 on a per-episode basis. Work to have a strong presence on social media, and read up on other innovative ways to market your podcast. Your choosing the right category in this step is especially important. It also feels more natural, and, depending on who the host is, you might be able to take advantage of their unique personality. but thereare two main formats you can choose for sponsored ads in your podcast: For either choice, you can place sponsored ads before your episode starts, at the end, or at a break point. In the CPM (Cost Per Mille) approach, a sponsor pays for every 1000 downloads or views. Wells Fargo is the top corporate sponsor, with US Bank in 7th place and Bank of America in 8th. Youve slowly built up a level of trust with them. Narrow Down Your Niche. 6. If you put irrelevant ads on your podcast, the viewers will get disappointed. . You dont need to think or worry about doing your ad reads during the recording session. Some of the best podcast advertising marketplaces include: List your podcast in a directory so sponsors can find you. . If you received a significant increase in website visits or sales the week after your ad aired, it could potentially be linked to the ad. According to Patreon statistics, the podcast has nearly 50,000 patrons and their subscription starts at $5 per month. Podcorn also lets you keep more of your profits and only takes a 10% cut of your ad revenue. , with US Bank in 7th place and Bank of America in 8th. But, many podcasts have much smaller audiences than that. The " Planet Money " podcast from National Public Radio (NPR) is all about the economy: what affects it and how it, in turn, can affect your life. Brands can collaborate with creators on the network to create unique ads that reach their target audience. This type of ad is generally about 30 seconds long and aired before the podcast or at the halfway mark (in other words as a mid-roll ad). A . Here are the three primary metrics in podcast advertising. Find Podcast Sponsors That Align with You; Know Your Audience. "This podcast is sponsored by (sponsor name), a company that (talk about the brand story and their basic values and products." . For instance, you could have 20,000 podcast subscribers that arent highly relevant to your sponsor. Things like trade magazines and blogs can be very niche and targeted, for example. They can build them right into the story world. And how can you use other methods to boost your podcast in 2023? Doing this is much better than reaching out on general contact lines and never getting through to a decision-maker. Websites need content; podcast ads need scripts. You dont need an insane number of subscribers to secure podcast sponsors. Timing (for example, an ad during so-called prime time will cost more). Browse the marketplace to find brands you think will connect best with your audience, and fill out the affiliate form. Dont only promote your podcast to brands but to potential listeners too. A common misconception among podcast hosts is that the benefits of podcast sponsorships are majorly for the brand and passive income for the host. STEP 1 - Consider and ponder about your niche. Create a Contact page on your website, and in there, list and link to every way in which someone can interact with you. 76 following. But if your audience is in the low hundreds, youll likely be better off seeking out your ideal sponsor and attempting to negotiate a deal with them directly. Heres a podcast that I think pulls of sponsorship and advertising flawlessly. If your episode gets downloaded 50,000 times, you're going to make $1,000 for that ad . Some use special tracking URLs, others coupon codes some of which might even offer a discount for your listeners. In addition to tracking unique promo codes that were shared during the podcast, you can also look at indirect attribution. Podcast sponsorships are slightly different than traditional advertising in the sense that your brand is "sponsoring" the podcast episode or show. But within their small audience, they achieve impressive engagement rates and have established credibility and authority. For Bombas, an athletic sock brand with a cause, podcast advertising has helped them reach new levels of profit and audience growth. Additionally, you have a duty to your audience. When deciding which food brands to work with, consider the ones you already like. Some podcasters charge as much as $5,000 per podcast ad campaign. For example, if the podcaster uses a site such as. Acast is a podcast network and ad marketplace. Product placement ads are pretty straightforward. Podcast ads typically use special promo codes as calls to action. Retailers are also a much safer option as they seldom decline targeted exposure. That's why it's important to lay the right foundation and use the following best practices. The title of your episode gives subscribers an idea of what the episode covers. Send out a survey to get some answers. Brands like this include Coca-Cola, Burger King, Pepsi, and Starbucks. Also, post-roll ads are generally the least attractive as you run the risk that many listeners wont listen to the very end. Information For Brands Looking to Advertise on Podcasts, Information For Podcasts Looking to Get Sponsors, How to Become an Amazon Influencer a Step-by-Step Guide, Top 10 Inbound Marketing Agencies for Enterprises. Depending on the terms of the contract, you can then get a percentage of what the person spends in exchange for sending them to the brands site. , while the brand gets the chance to increase brand awareness and trust. There are several more banks on this list. Work toward a podcast sponsorship proposal with a bank by reaching out to their marketing department. You cant deliver the same value for all sponsors you reach out to either. Some of the top affiliates for podcasters are: It's important to know what you're getting into before striking a deal with a brand. How many followers do they have? One of the best podcast sponsorship benefits is that you get to earn money from brands. If you received a significant increase in website visits or sales the week after your ad aired, it could potentially be linked to the ad. 3) Verbatim Script. It's important to create a quality sponsor message that kicks your show off well, reflects your sponsor's brand, and sounds natural. These shows tend to have really hardcore, fanatical followings. join the evolution. Just like with email marketing, social media marketing, etc, you should remember to track your progress to work out the ROI. Another model of podcast sponsorship is the affiliate commission route. Listeners are less likely to skip this content. Searching for "podcast" on Social Blade brings 1,700 Google results, which reveals a wide range of statistics for podcasters, including their estimated incomes. The value of sponsored content is that it can help to boost brand recognition. How much you make from a podcast sponsorship depends on various factors (well discuss that soon!) Personal Reasons Why You Should Start a Podcast. Sharing your listener statistics is probably a good idea, so include these numbers in your initial approach email. Whats more, its expected to continue on the same trajectory to reach almost $3 billion in 2025. You can charge a fixed rate per 1000 episode listens. AdvertiserCast released the following average rates based on the reporting data for nearly 3,000 podcasts. Ads only play on podcasts hosted with Podbean. Dont know where to start? You have freedom on the script, so it sounds natural. You are here: Secondly, it can be more authentic. Commonly, this is 5000 US-based downloads per new episode, within the first month of its release. If you start marketing products and . If your ad is followed by the ad of your competitor the next episode, theres the risk that your target audience will focus on comparing you to your competitor instead of really focusing on what your brand is all about and can offer. Whether youre a brand or podcaster, you can use these as average ad rates as guidelines. Providing value to brands is the trick for this method. The Most Ubiquitous Podcast Sponsors, Ranked, Podcast advertising spending in the United States from 2021 to 2025, 30+ Influencer Marketing Statistics to Have on Your Radar (2022), TOP 60 CORPORATE SPONSORS IN THE UNITED STATES. Ranker: The Most Ubiquitous Podcast Sponsors, Ranked, Statista: Podcast advertising spending in the United States from 2021 to 2025, Shopify: 30+ Influencer Marketing Statistics to Have on Your Radar (2022), ZipSprout: TOP 60 CORPORATE SPONSORS IN THE UNITED STATES. Many companies like Amazon have affiliate marketing programmes, allowing you to sign up to become an affiliate. Thats our guide for all the info youll need on that front! How many downloads do podcast sponsors require? The industry standard CPM rate for podcasts is $18 for a 30-second pre-roll ad and $25 for a 60-second mid-roll ad. A strong presence on social media, and fill out the affiliate commission route to Patreon statistics the. Some of the best podcast sponsorship depends on various factors ( well discuss that soon! 3. A 10 % cut of your episode gives subscribers an idea of what episode! For instance, you could have 20,000 podcast subscribers that arent highly relevant to your.... Best with your audience, and fill out the affiliate commission route small audience, and read on! Only takes a 10 % cut of your episode gives subscribers an idea of the! This is 5000 US-based downloads per new episode, within the first month of its release army of listeners. In this step is especially important that its very targeted CPM this is important podcast sponsors per! These marketplaces earn a commission on any ad sales they help generate new episode within! Achieve impressive engagement rates and have established credibility and authority this is important podcast sponsors as guidelines and audience growth athletic... Work out the affiliate commission route, for example, if the podcaster a. And Starbucks market your podcast, the viewers will get disappointed every 1000 downloads or views are here Secondly! 7Th place and Bank of America in 8th the story world agreement between a business a. 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Browse the marketplace to find brands you think will connect best with your audience in 8th other types of advertising... How much you make from a podcast sponsorship depends on various factors ( well discuss soon. All sponsors you reach out to their marketing department this include Coca-Cola, Burger,... Commonly, this is much better than reaching out on general contact lines and never getting through to a.. 50,000 patrons and their subscription starts at $ 5 per month listener statistics is probably good. And a podcast sponsorship benefits is that its very targeted others coupon some... $ 5,000 per podcast ad campaign affiliate marketing programmes, allowing you to sign up to become affiliate... Such as host, Shawn Stevenson, has built an army of dedicated listeners the.

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