Rule #7: Make Money.
August 2nd, 2006By Doug Smith – Podango President
Unlike most podcast networks, Podango stations target specific audiences with multiple podcasts to make advertising dollars perform better, so advertisers and sponsors spend more with Podango.
Podango Stations are popping up in all types of niche markets including snow skiing, family matters, event planning, automotive tools, mountain biking, business leadership and more. The profile of Podango Stations will clearly follow the “long tail” distribution curve. Stations will focus on highly targeted niches where niche savvy Station Directors will coordinate the “conversation” with likeminded listeners. We are beginning to talk more about the “conversation” that will evolve as selected podcasts are delivered to these niches with simple mechanisms allowing the listener to join in and provide their own insights, questions, and answers. Each episode becomes the catalyst for a deeper conversation.
By subscribing to the Station, the listeners self-select themselves for these conversations. What a perfect target for relevant advertising and sponsorships. As Dixie has become the perfect sponsor for the MommyCast show, we will see the likes of Shimano, Sram or Trek for the Mountain Biking Station, or Marriott for the Event Planning Station, or Salamon, Atomic, Fischer or K2 for PodSki Station and FranklinCovey for Business Leadership Station. Sponsors are loving the results, but it is yet very early. Major ad buyers are moving to take advantage of the targeting opportunities of this “new media”. Greg Stuart, CEO, IAB recently said: “The steady growth of online advertising is a clear indication that marketers continue to believe in the opportunities and effectiveness that this medium delivers in reaching and engaging their consumers,” He also reported that: “Online spending for advertising is on a pace to reach $15 billion in revenue for all of 2006.” Take a look at the graph.

The attractive relevance of these niche-oriented stations is only part of the appeal to sponsors. The mix of advertising elements is also appealing. These elements include sponsor impressions (audio, video , text and image), product mentions and discussions, spot ads before or after podcasts, banner ads, infomercial podcasts, video ads, surveys, polls and more. Also the consolidation of multiple high quality podcasts into a single station will bring larger audiences and this focused variety (strange combination of words) will hold the attention of the audience. To top it off the community features will bring the audience into the conversations about the products and services of the sponsors yielding great feedback and great testimonials.
I listened to a Mommycast episode (#105) this week, (I am a Dad however) to see how they support their sponsors. They took their children the new Atlanta Aquarium, an affiliate of Georgia Pacific, the parent of Dixie, Mommycast primary sponsor. Their description of the experience and awesome nature of the exhibits had me wanting to jump a plane for a visit. My next trip to Atlanta will include a visit to this new site. What a great way to advertise.
Podango go!Stations will become wonderful revenue opportunities for Station Directors and Podcasters. As Directors add more podcasts to the station, there will be incremental ad spots. And Podcaster will love to join a station with an existing and growing audience getting instance exposure. Podango is about teamwork, strength in numbers, relevance in advertising and creating deep conversations about product, services and especially about life. Come and join us, the train is leaving the station.