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4/4/07

Five Reasons Podcasting Might Be Right For Your Home-based Business

Podcasting has been called the wave of the future. The truth, however, is that podcasting is the here-and-now and is rapidly gaining momentum across the world. There are podcasts available for just about any topic you can think of from cooking to video games to religion. As of February 2006, a Google search for the term “podcast” returns over 205,000,000 results. The amazing reality of this is that it is still, in effect, an untapped market that will continue its growth in the years to come.

Podcasting can have many uses for the home-based business owner. It can be useful not only advertise, but to also communicate your business message. Below are 5 tips on how to use podcasts to benefit your business:

1. Reach your niche market – Depending on your product, podcasting can be the perfect way to reach new groups of people in your market. Believe it or not, there are people out there looking for the product you provide and this enables them to easily find them.

Podcasts are quickly becoming a new advertising venue as well. A podcast that is listed in podcasting directories such as iTunes can reach thousands, even millions of listeners. This can be a very inexpensive method for advertisers on a budget.

The popularity of podcasts is a steadily growing trend. Many people who are just beginning to learn about podcasts will search for topics of there interest. This is a great way to reach customers that you would not have been able to reach before the advent of podcasting.

2. Share your passion – Podcasting is a great way to share what you love. If you are excited about a topic or product, chances are that others out there are, too. A podcast on the topic you are passionate about is a great way to connect with others who also share that same passion.

People can hear your excitement over the “airwaves.” I always enjoy listening to a program when the speaker is obviously energized about whatever it is he’s speaking on. So, when recording your podcast, keep a smile on your face and allow your excitement to show.

3. Share information – Many home-based businesses have begun because they are filling a need. A podcast can help this information reach the people that it will benefit. For example, CWAHM.com was created to help women be at home with their children while still contributing to their families financially. Many of the sites’ visitors are buys moms who may not have the time to scour the hundreds of pages the site contains. Our podcast, Christian Work at Home Moment, airs once a week and is 24 minutes long. It’s an easy way for moms to learn more about working from home without spending hours on their computer.

Make it a point to research your topic and find all of the interesting and little known facets of passion. Keep your listeners interested and they will want to hear more!

4. Become an “Expert” in your field – Creating a podcast can help to establish you as an “expert” in the area your broadcast covers. You must be willing to take the time, do the research and share information that is valuable and useful to your listeners.

Just as authors become experts by researching and writing on specific topics, podcasters become experts by sharing the information they find with their listening audience. There is a big market for podcasts in a multitude of areas – the next expert could be YOU!

5. It’s easy - A podcast can be started with virtually no cost or investment. In most cases, there is no need to be “tech savvy” to be a podcast creator. It can be as simple as using a phone to record your podcast through a service like Odeo.com. There are, of course, more complicated set-ups, but to begin you truly just need a topic, a phone and a quiet spot to record.

Podcasting is easy for listeners as well. A podcast can be listened to directly from a website or downloaded from iTunes and put directly on an MP3 device.

There are many reasons that a podcast can benefit small and home-based businesses. This growing market is an entirely new way to communicate information to the world. When it comes to podcasting, the sky’s the limit. So take your business to new levels and start podcasting today.

Jill Hart is the founder of Christian Work at Home Moms, CWAHM.com Jill and her husband, Allen of CWAHD.com reside in Nebraska with their two children. Listen to Jill’s radio show, Christian Work at Home Moment, at http://www.cwahm.com/loudblog!

Blogs, Podcasting, and RSS

You probably have heard all these terms an awful lot lately. You wonder about what these technologies do? What value to they provide? If you aren't up to speed on these new applications and how they are impacting retail online interaction then read this brief further.

Will these technologies impact you? To be honest, it's too early to tell - but awareness drives innovation and maybe your team will develop an idea/application that truly changes a portion of your eCommerce business.
Here's the rundown:

Blogs
What it is:
Probably the most well known of the three, blogs allow everyday people to quickly develop a website and distribute any type of content that they desire. Many web entrepreneurs use this functionality to develop online stores within niche markets, while using search popularity to beat out larger retailers on the specific terms within the market.

Where Blogs make make sense is within targeted online communities. Certain blog authors develop a large base of specific visitors, hence the site becomes a target market for viral marketing. By integrating your brand image within the site experience at that SPECIFIC blog, you as an online marketer are able to truly segment your marketing PRIOR to converting someone as a customer.
Should you care:

If you have a very unique value proposition, or sell to a very specific or high-value customer segment, blogs can be a great way to increase overall brand awareness. You can better connect with your customers and provide detail into the current sales/promotions that you are providing.

Podcasting
What it is:
Pocasting should be just called mobile video broadcasting - Apple's marketing/development team did a great job with branding their device to a type of emerging media! Similar to traditional radio and television, mobile video broadcasting delivers branded content in either a paid/free environment, on someone's mobile MP3 player (Apple only does video currently, but that will change shortly). Retailers can use this communication channel to further connect to their customers with promotional events, while transmitting specialty programming to meet an interest need.

Should you care:
Not really. Until video podcasting penetration increases, it's still a limited channel for advertising. The best application available right now would be an online content segment that is digitally delivered to an opt-in list. As technology advances, you can potentially do this from your current opt-in page from your website and not from Apple's iTunes platform.

RSS
RSS stands for Real Simple Syndication and is a method for electronic content distribution. RSS is transmitted via the internet, but what makes it unique is that no downloading efforts are needed by the end receiver of the content. It streams instateneously. Consumers can have news readers on their computers, either integrated into an emal client, or an aggregated web application such as News Gator, and are able to get information relating to their interests.

Already gaining steam in the travel industry and within comparison shopping engines, RSS seems to be a valuable way to push news, offers, and infomrmation to customers. Travel companies are able to provide a streaming supply of last minute airfare offers to their customer segments, without that customer having to open an email or visit a webpage.

Should you care:
Depends on the nature of your business. Do you consistently offer new prices? Do you get new pieces to your assortment consistently? Do you have a customer base that is extremely loyal that you want to reach out to with messaging? If so, RSS may another channel to help build your brand.

Craig Smith
Trinity Insight LLC
http://www.trinityinsight.com

About The Author

Craig Smith
Trinity Insight is a leading consultancy for the online retail sector.
http://www.trinityinsight.com
csmith@trinityinsight.com