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BSI Role of Podcasting for Marketing in the Time Future – Company Radio?

Marketing 2.0 Conference, Hamburg 2005
BSI




         Join the conversation
  MARKETING 2.0 CONFERENCE
        www.marketing2conference.com
Role of Podcasting for Marketing in the
time Future – Company radio?

Bill Flitter
Founder, VP Marketing
Pheedo, Inc.
bill@pheedo.com
About Pheedo
   Integrated RSS, Weblog and Podcast advertising network with proprietary RSS ad-serving
   technology and analytics

   Established & Funded 2003. Offices in San Francisco, Portland and Tokyo

   Reach over 8,000 active publishers spanning micro-publishers to large media outlets

   First network offering integrated campaigns across blogs, RSS feeds & Podcasts

   Early experts with experience helping name brands like Subaru, Sun, Citrix Online, Verizon,
   Warner Brothers, Microsoft, New York Times, Wall Street Journal and Nikon.




10/11/2005                 Pheedo Confidential – Do Not Copy or Distribute                       2
Podcasting: Where’s the Model?

   “I don’t think there’s a model anymore. I
   think there’s an approach. That approach
   has to be predicated on what the consumer
   is actually doing, not what advertisers are
   used to her doing.”
   - Jim Stengel, Global Marketing Officer, P&G, CMO Magazine – September 2005




10/11/2005               Pheedo Confidential – Do Not Copy or Distribute         3
What is Podcasting?

        Podcasting is audio programming distributed through the internet (RSS)1 and played on a computer
        or any portable digital player
         – Less than 2 years old
         – Asynchronous, time-shifted (not real-time; prerecorded)
         – MP3 is the most common format
         – Can be music, spoken word, or a combination of both
         – Amateur Podcasts formerly thought of as audio blogs
         – Over 8000 Podcasts currently in existence2
         – Podcasting is the new webinar
         – DIY Radio




    1Many Podcasting purists argue that it’s not a Podcast unless the media file is delivered via an enclosure in an RSS feed.
    2Steve Jobs, Keynote Address, Apple Developers Conference, June 6, 2005. Note that his figure refers to Podcast programs. A program
    can have many episodes.


10/11/2005                                                                                                                          4
Why Podcasting?
   Ability to talk directly to a niche, disparate audience motivated to opt in

   Gather an audience over time via on-demand content

   No geographical boundaries

   Time-shifted consumption capabilities

   Alternative, supplemental means for traditional content

   Sole means for original content

   Targeted

   Provides consumers with more choices based on their interests




10/11/2005                                                                       5
Why Now?

     Consumers want control
       – Seismic Shift in media consumption – Online, TV, Radio
       – Information and news you want, when you want it
       – Information comes to you
       – Cuts through the haze of spam, pop-ups & general web clutter
       – Saves time




10/11/2005                                                              6
10/11/2005   7
Where Does Podcasting Fit?



      TV                                            Interactive

    •Branding                                        •Direct response
    •Track impressions   •Branding/limited direct    •Track CTR
                         response
    •Nielsen data                                    •Robust reporting
      TV
    •Mass advertising
                         •Track downloads
                                                     •Can be targeted or
                         •No reporting               mass advertising
                         standards yet
                         •Ultra targeted/niche




10/11/2005                                                                 8
Market Segmentation:
Podcast Listeners
     MP3 Player Penetration: 11% -- or more than 22 million of those age 18 and older1
      – It’s safe to say that there are several million more MP3 players owned in the teen world, yet
         surveyed

     Early adopters are largest segment
      – Largest segment is 18 – 34
      – 60% male
      – Metropolitan Areas
      – Tech Savvy
      – College educated

     Those who regularly use RSS/XML feeds, Podcasts and blogs are most likely to be what Jupiter
     calls "super Net vets," or online users with more than 5 years of Internet tenure; are male, and
     have annual incomes of $75,000 or more.


             1   Pew


10/11/2005                                                                                         9
Trends in Podcasting
   7% of Internet population have downloaded1

   6 million Americans listening to Podcasts2

   Podcast audience will climb to 56 million by 20103

   Podcast Subscription
    – Subscribe to Podcasts via RSS
    – Download from webpage
    – iTunes (v4.9 and above)
    – Market is rapidly expanding




              1 Jupiter
              2 Pew
              3 Diffusion Group


10/11/2005                                              10
10/11/2005   11
Big Brands are Podcasting
      Purina               Yahoo
      CBS                  Newsweek
      NPR                  Forbes
      Sirius
                           Washington Post
      Rush Limbaugh
      ESPN                 Denver Post
      ABC News             Seattle Post
      NBC News             San Francisco Chronicle
      TV Guide             Disney
      Sundance
                           Warner Bros. Pictures
      BBC
      General Motors       Ford
      Proctor and Gamble




10/11/2005                                           12
Big Brands are Podcasting

             Purina – Veterinarians and pet lovers like you discuss topics such as animal training,
             pet surgery, behavioral theories and pet insurance

             Heineken – Interviews with DJ’s and music downloads

             Warner Brothers – Band interviews and music

             Proctor and Gamble Productions – Fans of the soap opera Guiding Light can listen on
             the go.




10/11/2005                                                                                            13
Monetization Models
              Audience not expecting to pay subscription

              Selling own ads not scaleable

              Alignment with Podcast networks and ad networks profitable and scaleable



                                                                                         Many
advertising
 scaleable




                                                                                         Few
                                  New Media Monetization Models

  10/11/2005                                                                             14
Where To Submit Podcasts
•   iTunes Podcast Directory http://www.apple.com/Podcasting/
•   DigitalPodcast http://www.digitalPodcast.com
•   Podcast Alley http://www.Podcastalley.com/add_a_Podcast.php
•   Podcast Bunker
    http://www.Podcastbunker.com/Podcast/Podcast_Picks/Request_Lines
•   podCast411 http://www.Podcast411.com/page7.html
•   AllPodcasts http://www.allPodcasts.com/Update.aspx
•   iPodderx http://ipodderx.com/directory/add
•   audio.weblogs http://audio.weblogs.com/pingform.html
•   Penguin Radio http://www.penguinradio.com/Podcasting/#version
•   Podcast.net http://www.Podcast.net/addpod.cgi
•   PodcastHost
    http://Podcasthost.com/component/option,com_contact/task,view/contact_id,2/Itemid,
    35/
•   Potkast
    http://potkast.com/forum/index.php?sid=7ec04aca10d8e3c5cf2b77bf5138b619
•   Podsites.com http://podsites.com/submit.cfm
•   Podcast411 http://www.Podcast411.com (bottom of page)
•   Pocketcasting http://directory.pocketcasting.com/index.php?ax=add&cat_id=36
•   ipodder.org http://www.ipodder.org
10/11/2005                                                                          15
Discussion
Role of Podcasting for Marketing in the time Future –
Company radio?

Bill Flitter
Founder, VP Marketing
Pheedo, Inc.
bill@pheedo.com

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Role of Podcasting for Marketing in the Time Future – Company Radio?

  • 1. BSI Role of Podcasting for Marketing in the Time Future – Company Radio? Marketing 2.0 Conference, Hamburg 2005
  • 2. BSI Join the conversation MARKETING 2.0 CONFERENCE www.marketing2conference.com
  • 3. Role of Podcasting for Marketing in the time Future – Company radio? Bill Flitter Founder, VP Marketing Pheedo, Inc. bill@pheedo.com
  • 4. About Pheedo Integrated RSS, Weblog and Podcast advertising network with proprietary RSS ad-serving technology and analytics Established & Funded 2003. Offices in San Francisco, Portland and Tokyo Reach over 8,000 active publishers spanning micro-publishers to large media outlets First network offering integrated campaigns across blogs, RSS feeds & Podcasts Early experts with experience helping name brands like Subaru, Sun, Citrix Online, Verizon, Warner Brothers, Microsoft, New York Times, Wall Street Journal and Nikon. 10/11/2005 Pheedo Confidential – Do Not Copy or Distribute 2
  • 5. Podcasting: Where’s the Model? “I don’t think there’s a model anymore. I think there’s an approach. That approach has to be predicated on what the consumer is actually doing, not what advertisers are used to her doing.” - Jim Stengel, Global Marketing Officer, P&G, CMO Magazine – September 2005 10/11/2005 Pheedo Confidential – Do Not Copy or Distribute 3
  • 6. What is Podcasting? Podcasting is audio programming distributed through the internet (RSS)1 and played on a computer or any portable digital player – Less than 2 years old – Asynchronous, time-shifted (not real-time; prerecorded) – MP3 is the most common format – Can be music, spoken word, or a combination of both – Amateur Podcasts formerly thought of as audio blogs – Over 8000 Podcasts currently in existence2 – Podcasting is the new webinar – DIY Radio 1Many Podcasting purists argue that it’s not a Podcast unless the media file is delivered via an enclosure in an RSS feed. 2Steve Jobs, Keynote Address, Apple Developers Conference, June 6, 2005. Note that his figure refers to Podcast programs. A program can have many episodes. 10/11/2005 4
  • 7. Why Podcasting? Ability to talk directly to a niche, disparate audience motivated to opt in Gather an audience over time via on-demand content No geographical boundaries Time-shifted consumption capabilities Alternative, supplemental means for traditional content Sole means for original content Targeted Provides consumers with more choices based on their interests 10/11/2005 5
  • 8. Why Now? Consumers want control – Seismic Shift in media consumption – Online, TV, Radio – Information and news you want, when you want it – Information comes to you – Cuts through the haze of spam, pop-ups & general web clutter – Saves time 10/11/2005 6
  • 10. Where Does Podcasting Fit? TV Interactive •Branding •Direct response •Track impressions •Branding/limited direct •Track CTR response •Nielsen data •Robust reporting TV •Mass advertising •Track downloads •Can be targeted or •No reporting mass advertising standards yet •Ultra targeted/niche 10/11/2005 8
  • 11. Market Segmentation: Podcast Listeners MP3 Player Penetration: 11% -- or more than 22 million of those age 18 and older1 – It’s safe to say that there are several million more MP3 players owned in the teen world, yet surveyed Early adopters are largest segment – Largest segment is 18 – 34 – 60% male – Metropolitan Areas – Tech Savvy – College educated Those who regularly use RSS/XML feeds, Podcasts and blogs are most likely to be what Jupiter calls "super Net vets," or online users with more than 5 years of Internet tenure; are male, and have annual incomes of $75,000 or more. 1 Pew 10/11/2005 9
  • 12. Trends in Podcasting 7% of Internet population have downloaded1 6 million Americans listening to Podcasts2 Podcast audience will climb to 56 million by 20103 Podcast Subscription – Subscribe to Podcasts via RSS – Download from webpage – iTunes (v4.9 and above) – Market is rapidly expanding 1 Jupiter 2 Pew 3 Diffusion Group 10/11/2005 10
  • 14. Big Brands are Podcasting Purina Yahoo CBS Newsweek NPR Forbes Sirius Washington Post Rush Limbaugh ESPN Denver Post ABC News Seattle Post NBC News San Francisco Chronicle TV Guide Disney Sundance Warner Bros. Pictures BBC General Motors Ford Proctor and Gamble 10/11/2005 12
  • 15. Big Brands are Podcasting Purina – Veterinarians and pet lovers like you discuss topics such as animal training, pet surgery, behavioral theories and pet insurance Heineken – Interviews with DJ’s and music downloads Warner Brothers – Band interviews and music Proctor and Gamble Productions – Fans of the soap opera Guiding Light can listen on the go. 10/11/2005 13
  • 16. Monetization Models Audience not expecting to pay subscription Selling own ads not scaleable Alignment with Podcast networks and ad networks profitable and scaleable Many advertising scaleable Few New Media Monetization Models 10/11/2005 14
  • 17. Where To Submit Podcasts • iTunes Podcast Directory http://www.apple.com/Podcasting/ • DigitalPodcast http://www.digitalPodcast.com • Podcast Alley http://www.Podcastalley.com/add_a_Podcast.php • Podcast Bunker http://www.Podcastbunker.com/Podcast/Podcast_Picks/Request_Lines • podCast411 http://www.Podcast411.com/page7.html • AllPodcasts http://www.allPodcasts.com/Update.aspx • iPodderx http://ipodderx.com/directory/add • audio.weblogs http://audio.weblogs.com/pingform.html • Penguin Radio http://www.penguinradio.com/Podcasting/#version • Podcast.net http://www.Podcast.net/addpod.cgi • PodcastHost http://Podcasthost.com/component/option,com_contact/task,view/contact_id,2/Itemid, 35/ • Potkast http://potkast.com/forum/index.php?sid=7ec04aca10d8e3c5cf2b77bf5138b619 • Podsites.com http://podsites.com/submit.cfm • Podcast411 http://www.Podcast411.com (bottom of page) • Pocketcasting http://directory.pocketcasting.com/index.php?ax=add&cat_id=36 • ipodder.org http://www.ipodder.org 10/11/2005 15
  • 18. Discussion Role of Podcasting for Marketing in the time Future – Company radio? Bill Flitter Founder, VP Marketing Pheedo, Inc. bill@pheedo.com