In this podcast, the hosts discuss CES, streaming cutbacks by Netflix, Instagram and Amazon, the end of third-party cookies on Google, and a sports bar exclusively featuring women athletes. They also explore the influence of content creators, investing in internal creators, the future of streaming media networks, the impact of Google Chrome's withdrawal of support for third-party cookies, and the success of a sports bar catering to women's sports.
Authors can use platforms like Kickstarter to connect directly with readers and retain more revenue from their work.
Offering free content to popular publications can help build audience and establish credibility.
Media companies are diversifying their offerings by creating educational content tied to their expertise.
Deep dives
Direct Sales and Kickstarter for Authors
Many authors are now focused on direct sales and finding ways to connect directly with their readers. Some are using platforms like Kickstarter to raise funds and offer unique experiences to their fans. Kickstarter can be a great option for launching new projects and getting direct support from your audience. It allows authors to offer different reward tiers and packages to backers, which can range from ebooks to special editions of their books. By utilizing platforms like Kickstarter, authors can maintain a direct connection with their readers and retain more revenue from their work.
Expanding Reach with Free Content
Robert Riggs mentioned how he's been offering his true crime column to various publications for free, allowing readers to access it and including information on his podcast. This strategy has been effective in driving subscriptions and expanding his reach. Offering free content to popular papers, magazines, and regional websites can help build your audience and establish credibility. It's a win-win situation as these publications get valuable content and you gain exposure to a wider audience. Consider reaching out to other publications in your niche to explore similar opportunities.
Creating an Educational Venture
CNBC recently announced its foray into online education with its first paid course titled 'How to Ace Your Job Interview.' This move demonstrates how media companies are diversifying their offerings and leveraging their expertise to enter new markets. Consider how you can create educational content tied to your podcast series. This could range from online courses, workshops, or webinars that provide valuable insights, tips, and practical guidance. It's an opportunity to monetize your knowledge and offer unique offerings to your audience.
Direct Connection and Loyalty from Direct Sales
The focus on direct sales and building a direct connection with your audience is crucial in today's media landscape. By selling directly to your fans, you can retain more control, data, and revenue. It also allows you to offer more personalized experiences and build a loyal following. Platforms like Kickstarter can be a great starting point, but you can also explore other options such as selling through your own website or creating a membership site. The key is to find ways to connect directly with your audience and provide value that they can't find elsewhere.
Success in Niches: 43-Year-Old Opens Sports Bar Catering to Women Sports
A 43-year-old woman used her life savings to open a bar called The Sports Bra that exclusively plays women's sports. Despite its niche business model, the bar has been successful, even in the face of inflation. This success highlights the importance of targeting specific audiences and fulfilling their unique needs, rather than trying to appeal to everyone. The story serves as a reminder that content creators and marketers should focus on differentiation and catering to specific niches in order to stand out in a crowded market.
The Impact of Google Deprecating Third-Party Cookies
Google's decision to phase out support for third-party cookies has major ramifications for the ad tech industry. This shift has been well-known and anticipated, and should not come as a surprise. As a result, many companies are considering alternative strategies such as brand advertising and attention-based metrics to engage audiences and create memorable experiences. The move towards a more personalized, less surveillance-based approach requires businesses to adapt and think creatively about connecting with their target audiences.
In this episode, Joe and Robert discuss what's happening at CES, including the role of the creator/influencer inside a media company.
Netflix, Instagram and Amazon all make major streaming cutbacks. Is this just "right sizing" the business, or is everyone trying to figure out how to compete with TikTok?
In rants and raves, it's the end of the third-party cookie on Google, and a new sports bar opens with access to sports from women athletes only.
StreamYard is the easiest way to create content right in your browser. You can multistream to your social media platforms, host a weekly show with special guests, create webinars, record podcasts with local recordings, create videos and more.
StreamYard’s a popular tool amongst livestreamers, video creators, YouTubers, and podcasters – With features like live streaming, webinars, local recordings, screen sharing and more, StreamYard makes it simple to get professional and polished content every time.