If you’re ready to create a podcast that will align you with experts in your industry, position yourself as a trusted leader and create another source of revenue for your business you’re in the right place. Podcasts for Profit will help you create and grow a podcast that cuts through the noise of social media and speak directly to your target audience. Stop letting the algorithm determine your social marketing strategy. Stop letting trends dictate the kind of content you’re able to create. Hosted by expert podcast strategist, producer and educator: Morgan Franklin, Podcasts for Profit is your step-by-step guide to creating a podcast that will transform your business, opportunities and life.
Morgan Franklin: You know you
can have the perfect podcast
that's flawlessly aligned with
your brand and messaging and the
products and services you
provide. You can perfectly
explain your operations and what
it's like to work with you and
remove any doubts that a
customer might have about hiring
you, and still not be
effectively turning your podcast
listeners into buyers. Before we
get into this episode, I want to
admit personally, I've missed so
many opportunities to turn my
listeners and the listeners of
the podcast I produce into
buyers. And if you're like me,
and sometimes you put selling on
the back burner to create what
you think is quality content. I
want you to know you can have
both. And in this episode, I'm
going to teach you how to do
exactly that, how to have both
quality content and sell with
your podcast. Hello and welcome
to podcast for profit. My name
is Morgan Franklin. I'm a
Podcast Producer, strategist and
educator. This podcast will help
you create and grow a podcast
that cuts through the noise of
social media and speaks directly
to your target audience. If
you're ready to create a podcast
that will align you with the
experts in your industry,
position yourself as a trusted
leader and create another source
of revenue for your business.
You're in the right place.
Having engaging, purposeful and
even entertaining content isn't
mutually exclusive to selling
and pitching directly to your
audience. It will take practice.
It will take preparation, and
most importantly, like all sales
and marketing, it will take
trust. In this episode we're
going to talk about overcoming
the anxiety of asking for the
sale, using your podcast to
create a sales funnel for later
sales, and creating content that
aligns with your products. I
think there's a really big
disconnection right now between
how we're using social media and
podcasting and outreach like
newsletters and other forms of
digital communication to speak
to our future customers, and how
they would actually like to
experience these platforms. Let
me explain what I mean. Okay,
listen to this example, because
if you're on Instagram or
LinkedIn or even just somebody
that has an email address. I bet
you have experienced all of this
too. Every other person you
follow or add that's a
professional service provider
within 24 hours is sending you a
message like this, Hey, Morgan,
thanks for the follow. I have
services in XYZ. You can set up
a discovery call to talk about
XYZ. I have a freebie in a
newsletter, you can sign up for
it XYZ, and you're thinking,
wow, this is so desperate. This
is not what I wanted when I
followed you. It's giving used
car salesman in the worst
possible way, and I will
unfollow you immediately if you
send me a message like that. It
is so cringe. And back to what I
was saying earlier. It's not the
way that consumers want to use
these platforms. I mean, think
about yourself. This is not the
way that you want to experience
Instagram or LinkedIn or
Facebook or whatever it is,
getting endless unsolicited DMS
and connection invitations with
the pitch and the invite and
cold emails. It's not how these
social media platforms are
intended to be used. They're
supposed to be used to build a
friendship, and that's why I
think so many podcasters,
including myself, get shy about
selling on their podcast,
because we don't want to be
those annoying over the top,
cold pitch brands. But I want to
remind you that there is nothing
wrong with selling. In fact, you
should be selling and pitching
to your audience on every single
podcast episode, and reminding
yourself that the difference
between you and that person that
sent you a DM asking for your
business is that you are
cultivating the relationship and
trust and knowledge through the
content of your podcast, and
that is so different from an
unsolicited direct message or
email. I teach a marketing and
branding class to hairstylist,
and talking about their fears
around selling products and
their mindset around selling
products is one of my favorite
things. In the beginning, almost
every hairstylist is terrified
of selling products. And when I
say products, I mean shampoo,
conditioner, all that extra
stuff that, you know, when you
get up to the counter they're
trying to sell you, you know,
they just ask you to pay for
this haircut or color or
whatever pricey service that you
had, and now they're taking you
up to the desk and they're
asking you to pay $50 for
shampoo. The horror that's so
intimidating, right? That's a
lot to ask of a new stylist, and
you know that's a lot what it
feels like to pitch your product
or service on a podcast that you
depend on people using their
most valuable resource on which
is their attention. It's their
time. Because we know. And
understand that people don't
have to listen to our podcast.
In fact, we have to do a lot of
work and effort to convince them
to listen to it in the first
place. So we don't want all that
to go out the window because
they feel like this is one long
ad, and that's why I'm going to
tell you exactly what I tell the
hairstylists that are afraid to
sell shampoo, don't think of it
as selling shampoo. Think of it
as selling value. This person
just spent $200 on their hair
color. Do they want to wash it
all down the drain with a $10
shampoo from Walmart? No. Did
someone just spend 30 minutes
listening to you talk about a
business concept or a way to fix
a very industry specific
problem, or any other resource
that you could provide without
you telling them that they can
work with you directly and get
the most out of your knowledge
that they clearly find value in
and appreciate. It's all in the
mindset. It's all about how we
perceive the motivations of what
we're doing. Because if I tell
you, Hey, go get some money from
your listener, that's a lot
different. That's a lot
different energy than me saying,
Go provide the highest value and
information you possibly can to
your listener, and that process
might include them paying you
some money that is just it's
totally different. It feels so
different. And that's what I
want you to start thinking of
this as, is the value that you
are creating for this listener
that is beyond your podcast,
that also involves them paying
you money for your time. Okay,
so before we move on, I have a
question for you to think about,
how often do you listen to every
single podcast episode that
somebody puts out, even a
podcast you love? Do you listen
to every single one of the
podcast episodes? And it's
probably not. Most of us pick
and choose the episodes we
listen to, and I think this is
something that more podcasters
should think about when it comes
to converting listeners into
buyers. These are all totally
made up numbers, but let's
pretend that you have a very
loyal listener. They listen to
60% of your podcast episodes,
which is pretty good. Of the 60%
they listen to, they listen to
half of those episodes all the
way through. I'd say that that's
pretty average, which means that
out of 10 episodes, they're only
listening to three until the
very end. And while them
listening to 60% of your
episodes is pretty good, the 30%
that they're only making it to
the very end is not a great
percentage. For those of us who
leave the call to action for the
very, very end. Again, I am so
guilty of this. That's why I
want to encourage you to do one
of two things, and I am also
working on these two because I
am just as guilty for leaving
the call to action to be to the
end of the episode. But this is
what I want you to do. Either
have a freebie you're talking
about throughout the episode. So
like, for example, say you have
a free PDF or workbook that you
have for people who sign up for
your email list, or make this
download the first part of your
episode description. So either
way, and to make that clear,
basically what you're doing is
you're talking about one
resource that is throughout the
episode. So you're not just
waiting till the very end.
You're saying, Hey, this is
what's going to help you, not
only outside of this episode,
but throughout this episode, and
then also starting off your
episode description, even if you
change it later to say free
download XYZ, so that people see
that right when they click on
your episode, that can really
help you Get through that
problem of not having good
listener retention, but still
being able to execute a call to
action, especially with a free
resource, because sometimes it
just doesn't make sense to pitch
your product in every single
episode, and that's okay, but it
does make sense to give
something away for free. It does
make sense to make this episode
the top of your sales funnel,
because if someone is taking the
time to listen to a whole
podcast episode about you
talking about something, chances
are that they like you and they
want to spend more time with
you, and they want to hear what
you have to say. And I want you
to make that as easy on them as
possible. And back to our
amazing listener that only
listens to 30% of our episode
all the way through if we have
their email address. Now we
don't have to rely on them
making it to the end of the
episode or even listening to it
at all to reach them to sell
now, we can send them an email
every week and say, Hey, this
was the podcast episode. Hey,
this is what we're running a
special on. Hey, this is the new
product that we have. It opens
up a different line of
communication that is so
important, because we know most
people don't listen to every
episode. On average, it takes
businesses 12 touch points to
make their first sale. That
means, from the first. Time
someone sees your content and
engages with it, or listens to
your podcast or opens your
email, you have to have 12 of
those interactions, or touch
points, as they call them,
before a sale is made.
Typically, that's a lot, and if
you can use a podcast to be your
touch point number one, and
then, let's say, signing up for
an email and receiving a freebie
as interaction two and three,
you can be well on your way to
having a buying customer instead
of relying on your podcast
episodes as being your only
touch points. Again, this is why
those people that DM you and
that try to pitch you their
services are so ridiculous and
annoying because they're asking
for the sale on touch point one,
and that is insane. That's why
it feels so cringe and wrong,
all right, so let's talk about
creating podcast episodes that
are a compliment to your
products and services. Because
for most of us, this is the
missing link to making sales on
our podcast. We don't want our
episodes to be one long
commercial for a service that
we're trying to sell. And we all
know podcasters who do that. But
what we do want is to provide
complimentary information to the
person who would be buying from
us. What do they want to hear,
for example, with this episode,
and spoiler alert, at the end of
this episode, I'm gonna pitch
you my podcast coaching
services. I'm pretty sure you
saw that coming, but that's what
we're talking about. That's what
I know you would benefit from if
you are listening to this
episode. The same goes for
freebies and using your podcast
episodes for your top of sales
funnel, create your content
around what your listener who is
buying from you wants to hear.
What are their pain points? What
are they interested in? What
makes them laugh? I think that,
like when we're so caught up in
the trying to figure out and
solve a problem, we also forget
that buyers are just people. And
you know, if you're in the same
industry, you probably find the
same things funny. So just
thinking about like I was saying
earlier, how do people actually
want to communicate with digital
media, and whether that's social
media or podcasts or whatever it
might be, how do real, actual
human beings want to connect
with each other. And I know that
this sounds so ridiculously
easy, but for most of us, it
isn't. We are so caught up in
the things that interest us and
the problems we're facing at our
stage of our business that it's
kind of hard to see exactly
where our buyer or listener is
in this process. So try to take
a step back, take a step back
from where you are, and think
about where you were. I know
we've talked about this in
several episodes, but it is that
important, because we are
getting so ahead of ourselves
90% of the time that we can't
read the label from inside the
jar, and our listener and buyer
has no idea what we are talking
about, and if you're trying to
sell a specific product or
service, think about where in
your professional journey you
would have needed this product
or service, and what questions
you had then, what interested
you, what did you need to Know,
and what would you have told
yourself? For me, it all comes
back to value, and I hope that
you can resonate with this too.
It's just so much easier to sell
the value of a product than it
is its features. It's so much
easier to be passionate about a
product when you know that this
is really going to help the
listener, and I really think
that they can pick up on that.
People know what you're thinking
and when you're excited and when
you're clearly passionate about
something, especially on a
podcast, people can tell so the
next time you're pitching a
product or asking someone to
sign up for your email list or
whatever you want them to do, I
want you to write down three
ways you know that this product
or service or freebie or
whatever it is, will improve the
person who is listening, will
improve their life. And you're
not going to read these out to
the listener. You're just going
to read them to yourself and
have them for yourself so that
you can get excited about this
offer. Because again, I think so
much of it comes from our
subconscious and us believing
that either this product is crap
or that this product is actually
going to help people. Either
this freebie is totally junk, or
you truly, truly believe that
this is going to help somebody
out when they sign up for this
newsletter, also smile. I know
this is probably something that
you've heard 1000 times before,
but people can hear you smiling
if you're smiling and happy.
Subconsciously, people are
thinking, wow, if I buy this
product, I am also going to be
smiling and happy too. Yes, they
are buying a product for its
purpose and for its feature, but
at the end of the day, we buy
things because they. Make our
lives easier because they make
us happy, because they provide
us with a feeling. And so if you
can, from the very beginning,
already be proving that this
product makes you feel a certain
way, you're so much further
ahead than all of your
competition. And lastly, make
sure that you've clearly
instructed the buyer on how to
buy. So if you're pitching a one
hour coaching call on your
podcast, don't just say, okay,
and you can buy coaching calls
from me. No, you want to say, I
have a one hour coaching call
available. You can find out more
information and schedule your
appointment at the link in the
episode description, or go to
XYZ For more information, every
call to action should have a
straightforward objective of
what you need to do next and
expect it is not enough for you
just to say what the product is.
You also need to say, this is
how you can get it, and this is
what that process of getting it
will look like. That is so
critical. And I think so many
podcasters go wrong with that,
because they think, Oh, well,
people are just listening.
They're going to come back to
the blah, blah, blah. No, you
need to state exactly what they
need to do and how they can do
it. Turning listeners into
buyers isn't going to happen by
accident, but if you have a
straightforward message, and you
believe in what you're saying,
and you give the listener
confidence in the buying
process. That is what's going to
turn your listeners into buyers.
If you have a podcast, you're
struggling to turn listeners
into buyers. I have a 12 month
coaching program where we'll
meet one hour a month, one on
one to discuss your podcast
selling strategy and podcast
sales funnel. I also have one
hour consultation options. If
you're a little bit further
along in the process and you
just have a few questions or you
need some feedback on the way
that you're selling with your
podcast. The link to find out
more about my coaching and to
contact me will be in the
episode description. If you have
any questions, feel free to
message me. My email is Morgan
at morganfranklin dot media that
will be in the episode
description as well. Remember,
focus on value and everything
else will fall into place. And
as always, I can't wait to
listen to your podcast. Hey,
thank you so much for joining me
on this episode. If you enjoyed
the podcast and you'd like to
hear more episodes like this
one, go ahead and subscribe to
the show. New episodes air every
Monday morning. And if you found
this episode valuable and you
want to help other business
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entrepreneurs the information
they need to start making money
on their podcast.