Podcasts: How can you tell you are getting a return on your investment and time

Podcasts are going from strength to strength. There are currently more than 900,000 of them to choose from and more than 7 million people in the UK listen to them every week.

hat is more than double the number that was listening to them just two years ago.

We are, it seems, absorbing more and more content through our ears.

So, it is hardly surprising that increasing numbers of companies are becoming aware of the benefits and are looking to include podcasts in their communication strategies.

One of the questions we are often asked by companies looking to get involved in podcasting is how they can measure success in this area.

And that is an important question because you need to see a reward for your investment in time, effort and resources.

Let’s take a look at some of the key metrics you could use.

Downloads

This is the most obvious metric and will help to give you a good idea of the size of your audience.

But it is important to remember that a download does not necessarily equate to a listen – your content could remain unheard even if it is downloaded.

Additionally, a listener could download the same podcast on multiple devices.

Rather than looking at total downloads, opt for using unique downloads as this refines the numbers and removes multiple downloads from the same user.

Also, look at the number of downloads per episode. Fluctuations here will show you what content your listeners are most interested in and what they find less appealing.

Subscriptions

This measures the number of people that are subscribing to your podcast and who get notified when a new episode is available.

If people are opting to subscribe to your podcast, it tells you that they want to hear more from you and that they don’t want to miss an episode.

Social mentions

If people like the content of your podcasts, they are likely to talk about it on their social media channels.

And you will be able to use your social media listening tools to see who is discussing your podcast and what they are saying about it.

Likes, shares and retweets are all good measurements and the comments can give you a good understanding of what is resonating with your audience.

Backlinks

Backlinks are another good thing to monitor and show how many times another website has linked to your podcast.

In theory, the more backlinks you generate the better.

But you also need to look at the quality of those backlinks. For example, there could be a small chance a backlink may be trying to persuade people not to listen to your podcast.

Create a dedicated landing page

Creating a dedicated landing page for your podcast is a great idea.

It establishes a home for your podcast, it can offer incentives to encourage new listeners to sign-up and you can use it to thank your subscribers

And it can help you gauge the success of your content. You can measure the hits and engagement on the page and the number of people who go from it and subscribe to the podcast.

Special offers and promotions

These are a really easy way to measure the success of your podcast.

Special offers, discounts, incentives and promo codes can either be read out on air by your presenter or used in the text of your landing page.

And by promoting these deals with your podcast, you can pinpoint exactly what leads are coming from your listeners.

A good idea with these types of offers is to set a time limit for them as this may encourage your listeners to take action quickly.

Email marketing

Competition for listeners is pretty fierce and you need to work hard to attract and grow your audience.

Email marketing has an important role to play here and we would encourage you to use your mailing list to promote your podcast.

Not only will you increase awareness but there are useful measurements you can use as well, such as open and click rates and the numbers of unsubscribes, all of which will give you an indication of the appeal of your audio content.

Context

All of the figures I have mentioned will help you understand the success of your podcast.

But it is also important to have realistic goals.

For example, the more niche the subject you are talking about the harder it is likely to be to attract large numbers of listeners and, on the face of it, your unique downloads may not look that impressive.

However, a relatively small number of dedicated listeners in this instance could be a real business win and show more buying intent than a more general podcast with a bigger audience.

Get in touch with one of our account managers to find out how we can help you get your podcast started. You can also find out more about starting a business podcast in this recent blog.

At Thirty Seven, we offer content and design services to ensure your campaigns reach the right audiences at the right times. Our journalist led approach ensures your content is interesting, engaging and informative so you gain brand awareness and engagement whether it is a podcast or email marketing.

hat this means is that ‘employee advocacy’ is more than just some trendy buzzword.

It is something that businesses should strive for on social media and something with lots of possibilities. It is also something which some of the country’s leading brands are already doing as we will show you later.

Reach

Arguably the biggest reason to strive for employee advocacy on social media is one of mathematics.

The simple fact is that if your employees share your content it reaches a much bigger audience.

Many of us have Facebook accounts. In fact, there are around 32 million user accounts for that network in the UK alone.

The interesting bit is that the average number of ‘friends’ for a user currently stands at 338.

So, if you have 10,000 employees and just five per cent of them started sharing your company’s social media posts, your content would reach an extra 169,000 people – that’s a lot of extra people who could be seeing your content.

And if you have younger members of staff they will have significantly bigger networks. 27 per cent of 18-29 year old Facebook users have more than 500 friends.

If your employees are on Twitter, the reach is equally impressive. The average user there has more than 700 followers and, if you take out the accounts with more than 100,000 followers, then that average is 453.

If your staff are active on LinkedIn then they could potentially have a bigger audience, as 27 per cent of us have between 500 and 999 connections.

These numbers alone tell you that your employees are one of your most powerful social media marketing tools.

Trust

The great thing about your employees sharing your content is that potential new customers are seeing it through people they have a connection with and invariably trust.

In the age of fake news, it is perhaps not surprising that research has shown people’s trust in content on social media is stronger if they know the person who has posted it.

Additionally, the 2018 Endelman Trust Barometer showed that ‘a person just like yourself’ is seen as the third most credible spokesperson, showing that people typically trust their peers.

Tellingly, ‘employees’ also scored significantly higher than ‘CEO’ or ‘Board of Directors’ in the credibility stakes.

This all shows that content is trusted more when it is shared by people rather than broadcast by brands.

Industry experts

Not only can your employees help to spread your content and messages on social media to a wider audience, but they can also start to become seen as experts in their field and thought leaders.

The more they share, comment and discuss relevant topics on social media the more they will showcase their expertise and knowledge.

This is a mutually beneficial process.

The organisation stands out as a brand with talented employees willing to share their thoughts and expertise and as one which is open to new ideas and collaboration.

Meanwhile, the employee benefits by building their personal brand and network, as well as from feeling trusted to talk about key issues.

Empowering

It was only recently that I worked in a place where all employees – other than me who was managing the corporate social media accounts – were denied access to social media channels through the organisation’s computers.

Not only did this not feel particularly trusting, but it was also a largely pointless exercise, as technology had overtaken the decision makers and the vast majority of people had access to smartphones.

I felt at the time, and I still feel now, that a better approach would surely have been to encourage employees to talk about their work on social media channels, blogs and even forums and allow their expertise and passion for their roles to shine through.

A3 #EmployeeAdvocacy is very powerful nothing sells a company to customers better than staff who love what they do. #AXSChat pic.twitter.com/X2OC5PBcuD
— Neil Milliken (@NeilMilliken) May 15, 2018

Consistency

Some of your employees may already be posting and sharing stories about your organisation.

But is it what you would want them to share? Does it include the most up to date information, for example?

A more structured approach to employee advocacy will help ensure the right messages get out without losing that all important authenticity.

Attractive

Many of us have worked in places, or at least seen job advertisements, for companies that speak eloquently and glowingly about their culture.

But those messages are much more authentic when they come from current employees.

Employee advocacy can, therefore, help you attract the best talent and people who will add value to the organisation and make it more likely you will retain them.

Employee advocacy in action

Retailer John Lewis recently carried out an employee advocacy trial.

Just before Christmas around 100 ‘partners’ from six stores were selected to share specific content on Instagram and Twitter.

Using the hashtag #wearepartners, the three-month trial generated nine million impressions.

Meanwhile, Sky is using employee advocacy to showcase its position as an employer of choice. The hashtag #LifeatSky is regularly used by people across the organisation, including some of its big name presenters, to highlight the perks of working for the broadcaster.

Your employees tell the best stories, they're authentic and you should be encouraging them to share on social media. #employeeadvocacy via: @37agency

The challenge

But employee advocacy is not without its challenges and it would be amiss of us not to mention them.

Firstly, employees are going to need some great content to share, so a solid content marketing strategy needs to sit behind this approach.

Another issue is that while some people will embrace this enthusiastically, others will be more reticent. One of the biggest factors here is a fear of doing or saying something wrong which could see them face disciplinary measures. The key to tackling this particular challenge is to have a clear social media policy and guidelines in places.

Others may not feel motivated to share content, so it is important that personal benefits, such as wider personal networks and the development of their own personal brand, are explained to them.

It is also important that leaders buy-in to employee advocacy and lead by example. If they are not active on social media and are not sharing content why should the employees? It is particularly important that middle managers, who are often more visible than the senior leaders, embrace the programme.

Finally, there is the issue of trust. As I hinted at earlier when discussing my own experience at a previous employer, if you can’t trust your employees to have access to social media at work then you can’t realistically expect them to share your social media output.

At Thirty Seven, we offer content and design services to ensure your campaigns reach the right audiences at the right times. Our journalist led approach ensures your content is interesting, engaging, informative and shareable so you gain brand awareness and engagement whether it is social media content or a Whitepaper.

Additionally, our sister company Media First offers bespoke social media training courses.

Podcasts: How can you tell you are getting a return on your investment and time?

Podcasts: How can you tell you are getting a return on your investment and time?

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