Podcasts about CPM

Play Episode Listen Later Mar 16, 2023 22:51

Show Resources Here were the resources we covered in the episode: Drew Boyd's LinkedIn Profile Positioning interview with April Dunford April Dunford LinkedIn Follow AJ on LinkedIn NEW LinkedIn Learning course about LinkedIn Ads by AJ Wilcox Youtube Channel Contact us at Podcast@B2Linked.com with ideas for what you'd like AJ to cover. A great no-cost way to support us: Rate/Review! Show Transcript Over the hundreds of LinkedIn Ads accounts we've managed, we've seen a lot of companies fail. Today we're talking about what you can do to make sure that your approach is built for success on this week's episode of the LinkedIn Ads Show. Welcome to the LinkedIn Ads Show. Here's your host, AJ Wilcox. Hey there LinkedIn Ads fanatics! I don't like to admit defeat, but after managing hundreds of LinkedIn Ads accounts, unfortunately, we've seen many companies fail at LinkedIn Ads. My definition for fail here is this is client churn for us where after they work with us, they stop advertising on LinkedIn completely. Analyzing these failures, as well as many, many successes, thank goodness, we found the common denominators, the essential components to this success. We'll go through each one of these in a lot more detail. But here are the essential components. Number one, the client needs to be clear on their ICP or their ideal customer profile. This means they understand their pain and who they are. It's our targeting in LinkedIn. Number two, they clearly understand the value they offer to that audience. They have product market fit. And number three, they know how they're competitively positioned in the market. So today, we're gonna dive into ways that you can research and develop your ideal target audience, and figure out what messaging will work in your ads. We're addressing your go to market strategy as it relates to LinkedIn Ads, but this is also going to relate to your entire business, your whole marketing approach. In the news, we've heard some really great feedback from our last episode, and I'm so glad that you all enjoyed it so much. It was the one on bidding and budgeting. And afterwards, I got a great question from Steven Owen, who manages demand generation at a company called Getac. He smartly asked about manual CPM bidding, since we didn't cover it in the episode. And I didn't cover it because when I want to do CPM bidding, 99% of the time, I'm already using maximum delivery. There are times though, when you might want to use a manual bid, when you're bidding CPM. So because we didn't cover this in last week's, I wanted to quickly answer it here for you. So when I want to use CPM bidding, I tend to use maximum delivery, like I said, 99% of the time, because when you're bidding CPM, it's just the easiest way to do it. The trick with CPM bidding is that your bid needs to be high enough to secure you in the top placement in the first ad slot. But not any higher because then you'll be overpaying. And that requirement of being in the first slot is really important, because that's where CTRs are the highest. And when we have high CTRs is exactly why we're bidding CPM anyway. So this is absolutely crucial. But when you do manual CPM bidding, you get more control. You may remember from our holiday traffic study that those who are still using maximum delivery over holidays, their costs spiked way up. And that's because on maximum delivery, the platform is going to bid as high as it needs to on CPM to spend your daily budget. So if you want to be insulated from those market forces, you can bid manually, that's just one of the few ways that I can think of where you'd want to do this. Another reason could be that you can get better pricing manually bidding than you can with maximum delivery. So if you do want to do manual CPM bidding, I like to do some variation of this. So I'm going to look at the suggested bid range. And I'm going to set my initial bid at kind of mid to high in that range. Because like I said, I want to make sure that we always show up in the top slot, then I'm going to run ads. And the next day, I want to look at my effective cost per click. And remember, your effective cost per click is what you paid for your clicks, regardless of if you were bidding by cost per click. So if I'm bidding a CPM of $90, for instance, and I go and look at my effective cost per click the next day, and I see that it was $16. But I realized I could have been paying $15 If I was bidding by manual CPC, then I'll try lowering my CPM bid by five ish dollars, I kind of tend to move in $5 increments, then I look at my effective CPC the next day to compare it to the previous, if your effective cost per click went down, then you can try bidding even less and see if you can get a cheaper cost. So in this case, I would lower my CPM bid from 90 down to 85 and see. And if my effective cost per click is now at $15, I could say well, let me see what happens if I drop this down to an $80 CPM bid. You probably also want to try increasing your bid. So let's say I bid $95 CPM for a day and measure and see what it did do my effective cost per click. And the reason for this is if you're ever falling into a second ad slot, that's six or seven posts down the page, and fewer people are going to make it that far, meaning that your click through rate will be likely less. Which when you're bidding CPM, you're counting on getting the best click through rate possible. It is a lot of babysitting and hand holding to your campaigns to constantly be changing your bids, and constantly trying to find where's that sweet spot where I pay the least amount for my clicks. And that's why I like maximum delivery, when it's available of course. But if you're willing to do all of this work, you can get costs lower by doing it. It just requires some attention and patience. I wanted to highlight a review of the podcast. Valentin QWP, he left a review that says, "Best marketing podcast. I found AJs podcast a few months ago, and the content of the podcast is gold for anyone managing a LinkedIn ads account. This is definitely the most useful marketing podcast nowadays." Valentin, thanks so much for leaving that review. And I will tell you, that is very high praise. Anytime that we can have the most useful podcast in marketing, I'm in. I really appreciate that. If you're a regular listener, and you haven't left us a review yet, please do because I want to feature you and give you a shout out. All right. With that being said, let's hit it. First, we're talking about getting clear on your ICP, or your ideal customer profile. This is important, because if you're not speaking to your correct audience, your ads will fail, period, end of story. Think about it like this, the value in LinkedIn ads is this precise audience targeting. And we pay a significant premium for that opportunity to laser focus on exactly the right people. But if you end up targeting people that won't ever be your customer, you'll never be able to get a return. Occasionally, we'll onboard a client. And when we ask them about who it is that they want to target, they may not know. And sometimes we'll prod and we'll dig a little bit deeper. And they may turn it back on us and say, well, you guys are the marketing experts. And I'm certainly not complaining here. This is a dynamic that just naturally happens when you're an ad agency that works with a wide variety of industries and companies. But I can say for certain, and I'm sure you'll all agree that just because we're marketing experts, we're not experts in your specific industry, or with your exact target audience. And we're definitely not experts in your company's offerings. Given enough money and time, we can become experts in all of these things. But if the company doesn't already know its audience intimately, it's likely going to take 10s of 1,000s of dollars in ad testing, and many months of time to get to that point. So if the marketer already knows their audience, then we can just jump immediately into success on the platform. So we can show run ads, but you get to decide is your goal in running LinkedIn ads going to be audience testing, trying to figure out who it is that we need to target? Or is your goal demand generation and actually reaching the right people and driving your business forward? So if you don't already know who your audience is, how do you find out? Well, ideally, your founder is already a clue here, because your company founder or founders, they started the company based off of solving a problem that likely they themselves faced. So you can reason who are the types of people who feel this common pain that the audience suffers from. We can think through the possible roles, who would feel the pain or be responsible for the pain that we saw. Sometimes it's easy, and we're right, right out of the gate. Sometimes certain industry segments or certain company sizes have a bigger need or feel the pain more, or maybe they just have the budget to solve the pain. To give you an example, we have a client who built this awesome technology. It can read any document if it's handwritten or digital, whatever. And it uses AI to grab all of the data from those documents and pushes it right into a digital format that the company can read. The product is called Pixie Docs, in case you're curious. So we targeted several industries that we thought would have a great use for this technology. We reasoned that insurance providers will likely want to use something like this if they're getting bids from other vendors. And of course, they're always trying to keep costs as low as possible when they're replacing things that customers have made claims for. So we started targeting those insurance providers with ads. And several revisions later was sponsored content ads, we were still getting like a 0.2% click through rate, which as you likely know is about half of the benchmark. So I knew we were failing. So we went to go talk to the head of sales and asked for some insights about this industry. Why can't I get click through rates above like .25% He ended up asking a couple prospects. And they told him that they already make all of their vendors enter the bids right into their system. So all of that data is already digitized. So they don't feel that pain point that we saw. That makes perfect sense. But it's something we just couldn't have known without getting to know those prospects better. Let's talk about product market fit. And you can ask yourself here, are people buying your product? Are they happy and satisfied with it? Sometimes, like we've talked about the founder has created this product to solve a pain point. And it's probably one that they felt, but your product market fit is, is it a significant enough pain that people will seek out a product to solve it, or they're willing to pay enough that it's in your best interest to solve that pain point for them. And if you don't have this product market fit, no amount of advertising is going to save it. I feel like in business to consumer, product market fit is oftentimes easier. Think about it, you open a pizza restaurant because everyone needs to eat. And there's a lot of people who live in this area. And my guess is if you took a poll, probably 95% of people would say that they like pizza. Now if you own a pizza restaurant, I'm not saying that this is easy. But you can imagine you have product market fit right out of the gate. This is much harder in business to business. Sometimes it's really hard because we don't have detailed understanding of what your customers are experiencing, especially in different industries. And sometimes founders go and create a solution to a problem they felt. But you find out later, they're the only ones who feel that problem, or they were the only ones who felt it strongly enough that it was worth seeking out a solution for so you may need to validate your product market fit and ask yourself serious questions as a founder, like is it possible I'm the only one who struggles with this particular problem, or so many people feel it, but it's not acute enough that people are willing to open up their wallets to solve. Sometimes your solution is really valuable to those in different industries that you didn't predict. With Pixie Docs from our previous example, for instance, we stumbled across the medical industry. We found that doctors offices were struggling with onboarding new patients. You know, when you go to a doctor and you fill out a bunch of paperwork on a clipboard and hand it to the receptionist, well, then that receptionist has to enter in all that information into the computer and they get backlogged. But then it holds up things like patients getting their prescription. So it's a significant pain point. So we found some great success targeting them. And the founders never would have thought when they were building this product that they were building it for medical practices. Now, I've described a little bit in these examples how we can use LinkedIn Ads to validate the pain points of the business. In this example, with pixie docs, we were targeting multiple industries segmented out as separate campaigns. And that way, when I ran a report inside of Excel, showing general performance by industry, I could look at it and say, wow, there's this one industry that has really low click through rates. And here's this other one that's shining. So that is a way that you can use ads to validate. Once you've found an audience, you can run different messaging against them until you find out what sticks. If you're at a very large company, you may have budget to do actual market research. You can conduct focus groups or customer interviews. If you remember episode 87 when we were talking to Andrew harder at Cisco, he was talking about how he used customer interviews and didn't have to spend significant budget on market research. He just conducted his own. And I think that's super cool. You can send out surveys, you can do these interviews. You can even use social listening platforms to understand what people's pain points are. These are all ways that you could potentially validate. Alright, here's a quick sponsor break, and then we'll dive into how to communicate this value to your potential customers. 13:47 The LinkedIn Ads Show is proudly brought to you by B2Linked.com, the LinkedIn Ads experts. If you're a B2B company and care about getting more sales opportunities with your ideal prospects, then chances are LinkedIn Ads are for you. But the platform isn't easy to use, and can be painfully expensive on the front end. At B2Linked, we've cracked the code to maximizing ROI while minimizing your costs. Our methodology includes building and executing LinkedIn strategies that are customized to your unique needs, and tailored to the way that your B2B consumers buy today. Over the last 12 years, we've worked with some of the largest LinkedIn advertisers in the world, we've spent over $150 million on the platform, and we're official LinkedIn partners. So if you want to generate more sales opportunities from your ideal prospects, consider booking a discovery call at B2Linked.com/apply. We'd absolutely love the opportunity to get to work with you. Alright, let's jump into communicating value. So if we're speaking to the correct audience, but we're not saying what they're going to respond to, we're gonna fail. We need both. We need the correct packed audience, and we need to be saying the right things. So how do you actually learn what they want to hear? And how do you get them to take action? The way you do this is you have to understand your audience. And there's no shortcuts here, you have to understand their pain points, acutely. What keeps them up at night? What words do they use in their vernacular to describe their problem? When you actually know who your customer is, you gained two superhuman ability. Number one, you know how to talk to them. And number two, you know what you can offer them that they'll pay attention to, because it'll help solve their problem. Most of you who are listening are marketers. So I'm going to try to use an example I came up with the if someone targeted you with ads, and they said, we help marketers get more unique loads of their HTML file. Sure, I can interpret what it is they're saying. They're saying that they can get me more unique visitors to the website. Everything in that is technically accurate, but they've entirely lost my trust and credibility, because they didn't use the same language that marketers use and the I'm already comfortable with. If they don't know the terms that I use, do I actually trust them to actually be good at what it is they do? Probably not, that ads gonna feel a lot like spam. So once you actually understand your customer, how do you talk to them? I'm a big fan of Drew Boyd, I got to attend a workshop by him where he walked me through the values framework. I've mentioned Drew on the show before, but he's a marketing professor and a LinkedIn Learning instructor. And he's absolutely phenomenal. He ran me through this exercise that totally blew my mind. He had me get a bunch of sticky notes of different colors, and arrange them all over the wall of a conference room. At the bottom, we started by placing basic product features and spread them way out. Then up above, we listed all of the basic benefits that customers get from each of those features. So for instance, if I were doing this with the iPod, I could have put a sticky note at the bottom that says feature 16 gigabyte hard drive. And of course, the iPod was famous for not putting in their ads, that this has a 16 gigabyte hard drive, therefore you should want it. They understood that people want it for the benefit. Then up above that we list the high level of benefits. We're talking about how these benefits get a little closer to home. In our iPod example, we might say 8,000 of your favorite songs in your pockett. Follow so far? Okay, good. Then at the very top, we listed the values that those high level benefits lend themselves. What value as a person would make you perfect for a product that could provide this high level benefit. So in this example, I could say, my value is I'm a music lover. I value having my music library, everywhere I go. I could do this for all of my features. And then all of the benefits of high level benefits and nailed down what are those common values that my customers have. And now if my job were to write ads for the iPod, I could write a very powerful copy. Because I understand the things that our ICP really values, and I know how my product benefits them. I would highly recommend running through this exercise with your company's features, benefits, and values. You should also realize how important it is that your message coincides with where your customer is, in their journey. If people are just in the very beginning of their journey, understanding your brand, your message is going to be very focused on value proposition. If they're in the consideration phase, though, they're probably asking different questions and feeling different things that your content needs to address. Anytime your ad is just listing benefits, we call it benefit dumping, it's going to come across very much like an ad. But if we can take those benefits and weave them into a story, it's a lot more interesting. People are programmed to pay attention to stories. I think we have to hit on brand positioning, because it's not enough to figure out what value that you're offering to your target audience because your competitors can offer that same value, or at least they can say they can. So you need to clearly articulate how what you provide is different from anything else on the market. And I'm not discounting this because as a business owner, I realized this can be really scary. You'll come up against legitimate thoughts and concerns like, well, if we declare exactly who we're ideally for, will that alienate potential customers and our revenue? Will it turn away some of our current customers? So it's definitely worth sincere thought here. Someone who speaks to positioning very well is someone by the name of April Dunford. We highly recommend checking out her content. And in the show notes, we've linked to an interview that she's done. Okay, so once you understand your brand positioning, and who your ideal customer is and what they care about. Now, you can start crafting offers and remember by my definition, An offer isn't something like a percentage of or a coupon. The offer is what you're offering your prospect in exchange for their attention. So an offer could be anything from read this blog post to buy something now to anything in between. If you want to dive deeper into offers, go back to Episode 10 of the podcast that was all about offers. All right, I've got my last little bit of advice for you on this topic. So make sure you stick around all the way to the end of the episode and I'll share those with you. Okay, I've got the episode resources for you coming right up. So stick around 20:37 Thank you for listening to the LinkedIn Ads Show. Hungry for more? AJ Wilcox, take it away. So you'll want to go down and look at the show notes below. I've listed a link to Drew Boyd's LinkedIn profile, so you can go check him out, follow him there, check out his LinkedIn learning courses. They're insane. We've also linked to an interview that April Dunford did for winter.com called How To Make Any Offering Obviously Awesome. We've also linked to April Dunford LinkedIn profile, so you can go follow all her great content there. If you or someone you know is brand new to LinkedIn advertising, I highly recommend that you share with them my course on LinkedIn Learning all about an introduction to LinkedIn Ads. You'll see the link in the show notes. It is by far the highest quality course at the lowest cost possible. If this is your first time listening, welcome, I would love to invite you to subscribe to the podcast, so you'd never miss another show. But if this is not your first time listening, please do rate and review the podcast, especially on Apple podcasts. Not to guilt trip you or anything here, but we spend hours and hours prepping every one of these episodes and this is all we ask of you is please leave us a review. It's going to help the show in the algorithm so more people get to find out about it. With any questions, suggestions, or corrections reach out to us at podcast at B2Linked..com. Alright, with that being said, hear my last thoughts on this episode. As you're trying to figure out who it is who's your ICP? What do they like? What do they care about? What do they value? And how you're positioned to help them. It might be a little disheartening to realize that there's no guide or completion meter letting you know whether you've done it sufficiently or effectively. And honestly, this process is never complete. You're always learning more about who your audience is, and especially how they're changing. So you have to keep testing and developing. But I do know this for sure. The sooner you get started, the sooner you'll be having a lot more success. I'll see you back here next week. Cheering you on in your LinkedIn Ads initiatives.

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Direct Connection or Switch

Caleb Perkins Ministries

Play Episode Listen Later Mar 14, 2023 36:06

Seek the Kingdom in all things, in all situations and He will direct your paths. Co-host: Josh Perkins Scriptures: Proverbs 3:5-6; Matt. 6:33 Want to learn more about CPM? Check out our website: calebperkinsministries.com

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Episode 2.22 - Where Joel and Misty reminisce about childhood cereals and discuss more instructional supports in Inspiring Connections

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Play Episode Listen Later Mar 7, 2023 29:26 Transcription Available

It's the 22nd episode of Season 2 of the More Math for More People Podcast!On this National Cereal Day, Joel and Misty hearken back to the days when they ate sugary cereals (this may be longer in the past for one of them than the other...) and discuss how they might celebrate today.They also have a conversation with Tony Jones and Dan Henderson, from the Curriculum and Assessment Department about some of the instructional supports that are part of the recently launched Inspiring Connections curriculum, including elements from Building Thinking Classrooms. It's a great episode so have fun!The More Math for More People Podcast is produced by CPM Educational Program. Learn more at CPM.orgTwitter: @cpmmathFacebook: CPMEducationalProgramEmail: cpmpodcast@cpm.org

The Story of Intel

The History of Computing

Play Episode Listen Later Mar 7, 2023 16:51

We've talked about the history of microchips, transistors, and other chip makers. Today we're going to talk about Intel in a little more detail. Intel is short for Integrated Electronics. They were founded in 1968 by Robert Noyce and Gordon Moore. Noyce was an Iowa kid who went off to MIT to get a PhD in physics in 1953. He went off to join the Shockley Semiconductor Lab to join up with William Shockley who'd developed the transistor as a means of bringing a solid-state alternative to vacuum tubes in computers and amplifiers. Shockley became erratic after he won the Nobel Prize and 8 of the researchers left, now known as the “traitorous eight.” Between them came over 60 companies, including Intel - but first they went on to create a new company called Fairchild Semiconductor where Noyce invented the monolithic integrated circuit in 1959, or a single chip that contains multiple transistors. After 10 years at Fairchild, Noyce joined up with coworker and fellow traitor Gordon Moore. Moore had gotten his PhD in chemistry from Caltech and had made an observation while at Fairchild that the number of transistors, resistors, diodes, or capacitors in an integrated circuit was doubling every year and so coined Moore's Law, that it would continue to to do so. They wanted to make semiconductor memory cheaper and more practical. They needed money to continue their research. Arthur Rock had helped them find a home at Fairchild when they left Shockley and helped them raise $2.5 million in backing in a couple of days. The first day of the company, Andy Grove joined them from Fairchild. He'd fled the Hungarian revolution in the 50s and gotten a PhD in chemical engineering at the University of California, Berkeley. Then came Leslie Vadász, another Hungarian emigrant. Funding and money coming in from sales allowed them to hire some of the best in the business. People like Ted Hoff , Federico Faggin, and Stan Mazor. That first year they released 64-bit static random-access memory in the 3101 chip, doubling what was on the market as well as the 3301 read-only memory chip, and the 1101. Then DRAM, or dynamic random-access memory in the 1103 in 1970, which became the bestselling chip within the first couple of years. Armed with a lineup of chips and an explosion of companies that wanted to buy the chips, they went public within 2 years of being founded. 1971 saw Dov Frohman develop erasable programmable read-only memory, or EPROM, while working on a different problem. This meant they could reprogram chips using ultraviolet light and electricity. In 1971 they also created the Intel 4004 chip, which was started in 1969 when a calculator manufacturer out of Japan ask them to develop 12 different chips. Instead they made one that could do all of the tasks of the 12, outperforming the ENIAC from 1946 and so the era of the microprocessor was born. And instead of taking up a basement at a university lab, it took up an eight of an inch by a sixth of an inch to hold a whopping 2,300 transistors. The chip didn't contribute a ton to the bottom line of the company, but they'd built the first true microprocessor, which would eventually be what they were known for. Instead they were making DRAM chips. But then came the 8008 in 1972, ushering in an 8-bit CPU. The memory chips were being used by other companies developing their own processors but they knew how and the Computer Terminal Corporation was looking to develop what was a trend for a hot minute, called programmable terminals. And given the doubling of speeds those gave way to microcomputers within just a few years. The Intel 8080 was a 2 MHz chip that became the basis of the Altair 8800, SOL-20, and IMSAI 8080. By then Motorola, Zilog, and MOS Technology were hot on their heals releasing the Z80 and 6802 processors. But Gary Kildall wrote CP/M, one of the first operating systems, initially for the 8080 prior to porting it to other chips. Sales had been good and Intel had been growing. By 1979 they saw the future was in chips and opened a new office in Haifa, Israiel, where they designed the 8088, which clocked in at 4.77 MHz. IBM chose this chip to be used in the original IBM Personal Computer. IBM was going to use an 8-bit chip, but the team at Microsoft talked them into going with the 16-bit 8088 and thus created the foundation of what would become the Wintel or Intel architecture, or x86, which would dominate the personal computer market for the next 40 years. One reason IBM trusted Intel is that they had proven to be innovators. They had effectively invented the integrated circuit, then the microprocessor, then coined Moore's Law, and by 1980 had built a 15,000 person company capable of shipping product in large quantities. They were intentional about culture, looking for openness, distributed decision making, and trading off bureaucracy for figuring out cool stuff. That IBM decision to use that Intel chip is one of the most impactful in the entire history of personal computers. Based on Microsoft DOS and then Windows being able to run on the architecture, nearly every laptop and desktop would run on that original 8088/86 architecture. Based on the standards, Intel and Microsoft would both market that their products ran not only on those IBM PCs but also on any PC using the same architecture and so IBM's hold on the computing world would slowly wither. On the back of all these chips, revenue shot past $1 billion for the first time in 1983. IBM bought 12 percent of the company in 1982 and thus gave them the Big Blue seal of approval, something important event today. And the hits kept on coming with the 286 to 486 chips coming along during the 1980s. Intel brought the 80286 to market and it was used in the IBM PC AT in 1984. This new chip brought new ways to manage addresses, the first that could do memory management, and the first Intel chip where we saw protected mode so we could get virtual memory and multi-tasking. All of this was made possible with over a hundred thousand transistors. At the time the original Mac used a Motorola 68000 but the sales were sluggish while they flourished at IBM and slowly we saw the rise of the companies cloning the IBM architecture, like Compaq. Still using those Intel chips. Jerry Sanders had actually left Fairchild a little before Noyce and Moore to found AMD and ended up cloning the instructions in the 80286, after entering into a technology exchange agreement with Intel. This led to AMD making the chips at volume and selling them on the open market. AMD would go on to fast-follow Intel for decades. The 80386 would go on to simply be known as the Intel 386, with over 275,000 transistors. It was launched in 1985, but we didn't see a lot of companies use them until the early 1990s. The 486 came in 1989. Now we were up to a million transistors as well as a math coprocessor. We were 50 times faster than the 4004 that had come out less than 20 years earlier. I don't want to take anything away from the phenomenal run of research and development at Intel during this time but the chips and cores and amazing developments were on autopilot. The 80s also saw them invest half a billion in reinvigorating their manufacturing plants. With quality manufacturing allowing for a new era of printing chips, the 90s were just as good to Intel. I like to think of this as the Pentium decade with the first Pentium in 1993. 32-bit here we come. Revenues jumped 50 percent that year closing in on $9 billion. Intel had been running an advertising campaign around Intel Inside. This represented a shift from the IBM PC to the Intel. The Pentium Pro came in 1995 and we'd crossed 5 million transistors in each chip. And the brand equity was rising fast. More importantly, so was revenue. 1996 saw revenues pass $20 billion. The personal computer was showing up in homes and on desks across the world and most had Intel Inside - in fact we'd gone from Intel inside to Pentium Inside. 1997 brought us the Pentium II with over 7 million transistors, the Xeon came in 1998 for servers, and 1999 Pentium III. By 2000 they introduced the first gigahertz processor at Intel and they announced the next generation after Pentium: Itanium, finally moving the world to the 64 bit processor. As processor speeds slowed they were able to bring multi-core processors and massive parallelism out of the hallowed halls of research and to the desktop computer in 2005. 2006 saw Intel go from just Windows to the Mac. And we got 45 nanometer logic technology in 2006 using hafnium-based high-k for transistor gates represented a shift from the silicon-gated transistors of the 60s and allowed them to move to hundreds of millions of transistors packed into a single chip. i3, i5, i7, an on. The chips now have over a couple hundred million transistors per core with 8 cores on a chip potentially putting us over 1.7 or 1.8 transistors per chip. Microsoft, IBM, Apple, and so many others went through huge growth and sales jumps then retreated dealing with how to run a company of the size they suddenly became. This led each to invest heavily into ending a lost decade effectively with R&D - like when IBM built the S/360 or Apple developed the iMac and then iPod. Intel's strategy had been research and development. Build amazing products and they sold. Bigger, faster, better. The focus had been on power. But mobile devices were starting to take the market by storm. And the ARM chip was more popular on those because with a reduced set of instructions they could use less power and be a bit more versatile. Intel coined Moore's Law. They know that if they don't find ways to pack more and more transistors into smaller and smaller spaces then someone else will. And while they haven't been huge in the RISC-based System on a Chip space, they do continue to release new products and look for the right product-market fit. Just like they did when they went from more DRAM and SRAM to producing the types of chips that made them into a powerhouse. And on the back of a steadily rising revenue stream that's now over $77 billion they seem poised to be able to whether any storm. Not only on the back of R&D but also some of the best manufacturing in the industry. Chips today are so powerful and small and contain the whole computer from the era of those Pentiums. Just as that 4004 chip contained a whole ENIAC. This gives us a nearly limitless canvas to design software. Machine learning on a SoC expands the reach of what that software can process. Technology is moving so fast in part because of the amazing work done at places like Intel, AMD, and ARM. Maybe that positronic brain that Asimov promised us isn't as far off as it seems. But then, I thought that in the 90s as well so I guess we'll see.

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167. Gary Sarner, ROI360+ — Radio and Repetition: How to Boost Brand Recognition

Personal Injury Marketing Mastermind

Play Episode Listen Later Mar 2, 2023 38:40

In marketing, attention is everything. Traditional radio meets clients in the car, is captivating, and has an incredibly low CPM. This means more attention for less money. King of the dial, Gary Sarner (@garysarner), joins us for a second round. He is a force in media buying. He and his team at ROI360+ (@roi360plus) create untouchable assets that dominate entire markets. Today, he explains how radio increases brand recognition and spins the digital marketing flywheel. Links Want to hear more from elite personal injury lawyers and industry-leading marketers? Follow us on social media for more. Rankings.io Instagram Chris Dreyer Instagram Rankings.io Twitter Rankings.io Website Rankings.io Instagram Chris Dreyer Instagram Rankings.io Twitter Rankings.io Website Gary Sarner on Instagram Gary Sarner on LinkedIn ROI360+ Website ROI360+ Instagram 86. Gary Sarner, ROI360+ Radio Killed the Video Star What's in This Episode: Who is Gary Sarner? How radio can get your marketing a better ROI. How the right team can get you more exposure while spending less. Why radio ads are the perfect marketing channel for personal injury firms. Past Guests Past guests on Personal Injury Mastermind: Brent Sibley, Sam Glover, Larry Nussbaum, Michael Mogill, Brian Chase, Jay Kelley, Alvaro Arauz, Eric Chaffin, Brian Panish, John Gomez, Sol Weiss, Matthew Dolman, Gabriel Levin, Seth Godin, David Craig, Pete Strom, John Ruhlin, Andrew Finkelstein, Harry Morton, Shay Rowbottom, Maria Monroy, Dave Thomas, Marc Anidjar, Bob Simon, Seth Price, John Gomez, Megan Hargroder, Brandon Yosha, Mike Mandell, Brett Sachs, Paul Faust, Jennifer Gore-Cuthbert Additional Episodes You Might Enjoy 80. Mike Papantonio, Levin, Papantonio, & Rafferty — Doing Well by Doing Good 84. Glen Lerner, Lerner and Rowe – A Steady Hand in a Shifting Industry 101. Pratik Shah, EsquireTek — Discovering the Power of Automation 134. Darryl Isaacs, Isaacs & Isaacs — The Hammer: Insights from a Marketing Legend 104. Taly Goody, Goody Law Group — Finding PI Clients on TikTok 63. Joe Fried, Fried Goldberg LLC — How To Become An Expert And Revolutionize Your PI Niche 96. Brian Dean, Backlinko — Becoming a Linkable Source 83. Seth Godin — Differentiation: How to Make Your Law Firm a Purple Cow 73. Neil Patel, Neil Patel — Digital A New Approach to Content and Emerging Marketing Channels

power roi boost traditional seth godin repetition levin rankings lerner isaacs cpm neil patel dave thomas john ruhlin brian dean brand recognition david craig shay rowbottom seth price mike papantonio michael mogill john gomez sam glover bob simon brian chase pratik shah joe fried brian panish

YouTube planea proveer más herramientas para ganar dinero

NotiPod Hoy

Play Episode Listen Later Mar 2, 2023 4:44

Lo que está cambiando el podcasting y el marketing digital:-Las 15 principales marcas de Podcasting gastaron más en enero, pese a que suele ser un mes suave.-Las tasas de CPM cayeron un 1 % en febrero.-Spreaker y Musixmatch anuncian una asociación estratégica de transcripción.-El nuevo director de YouTube habla sobre las prioridades para 2023.-Las historias más importantes durante el Hot Pod Summit.Pódcast recomendadoSexo, amor y parejas. Es un programa en donde el psicólogo Rogelio Castellanos, conversa de forma abierta, explícita y honesta sobre el amor, las relaciones de pareja y el placer sexual. En capítulos cortos, no mayores de 15 minutos, ofrece consejos y recomendaciones que van desde ¿Cómo salir de la monotonía?, hasta ¿Cómo tener una comunicación asertiva en la pareja?Patrocinado por Hindenburg https://hindenburg.com/products/ y Rss.com https://dashboard.rss.com/es/auth/sign-up/

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Get the Lowest Costs from LinkedIn with these Advanced Bidding Strategies! - Ep 89

Marketing Success with Podcast Advertising

Play Episode Listen Later Mar 2, 2023 30:49

Show Resources Here were the resources we covered in the episode: New Interests for Interest Targeting Explanation of CPC vs CPM bidding on LinkedIn Relevancy Score and Auction Episode Follow AJ on LinkedIn NEW LinkedIn Learning course about LinkedIn Ads by AJ Wilcox Youtube Channel Contact us at Podcast@B2Linked.com with ideas for what you'd like AJ to cover. A great no-cost way to support us: Rate/Review! Show Transcript You're paying way too much for your LinkedIn Ads. Today, we're going to fix that. We're talking about bidding on this week's episode of the LinkedIn Ads Show. Welcome to the LinkedIn Ads Show. Here's your host, AJ Wilcox. Hey there, LinkedIn Ads fanatics! For those of you diehards who've been around long enough to have listened to Episode Six, it was all about bidding and budgeting, and it was our most listened to episode of the entire series. Well, things have changed with bidding a good bit since we recorded that episode back in early 2020. So I definitely think it's time to refresh ourselves on the topic. Not to mention, I'm a very different podcaster after 89 episodes. And so I'm excited to have one of the most important topics covered in an episode where I don't sound nearly as awkward Bidding is the number one reason that advertisers are paying too much for their ads on LinkedIn. And this is incredibly important to master because this is something that really affects your bottom line. The strategies and principles that I'm sharing with you today came after I'd spent over $30 million on the platform. So these learnings are well earned, and I'm excited to share them with you. We've now spent over 150 million on the platform. And we just continue to fine tune these. So make sure to listen to the very end of this episode. Because at the very end, I'm going to give you my framework for how to get the lowest costs from LinkedIn ads every time. In the news, you may remember back in episode 87, we mentioned that the new feature called website actions was seen out in the wild, and that it might be part of a beta. Well, I got confirmation from Mark Gustafson this week that it is indeed in beta. So if this is something that you're dying to get access to, then reach out to your rep. And Mark, thanks for that correction. There was a new post on the LinkedIn ads blog this week by Jae Oh, and Jay is definitely someone that I'd love to have on the podcast. So we'll see if I can get him on in a future episode. But he posted all about the new release of interests for LinkedIn targeting, we've linked to the whole article down below in the show notes. But he basically explained the interest targeting on LinkedIn in three different categories. He talked about general interests, service interests, and the newest product interest attributes. They launched over 20 new service interests, and over 120 new product interests. He said, you can now fine tune your campaign targeting with over 400 professional interest categories. For product interests, he mentioned that there are 18 categories to choose from. And the initial focus is software, which makes a lot of sense, because when they rolled out product pages, they were exclusively for SAS software,. Makes sense that that's where they would be getting the data from. And they go down to subcategories that zero in on specifics, like you mentioned, data visualization software, revenue management, software, sales, analytic software, etc. Under the new service interests, it's all about engaging with services pages, they launched with their initial set of about 20 categories that includes services such as real estate, environmental consulting, and app development. So if this is interesting to you, definitely go check out that article, I want to highlight one of the reviews, Patrick Alessi who's the Head of Customer Success at ProfitMetrics.io in Denmark. He left this review. He said, "AJ is clearly an expert in his field. Listening to this podcast has already given me a lot of tips and insights that I didn't have before". Patrick, thanks for that, I'm turning a little bit red. I'll move on here. If you're a lover and a listener of the show, and you haven't left a review for us yet, please go and do that, especially on Apple podcasts. I know I say it every episode. But it really helps with the algorithms of getting the show mentioned and shown to new people who haven't discovered it yet. The biggest compliment that you can pay us is by leaving a review and help other advertisers find the show. And of course, if I can figure out who you are, when you leave your review, sometimes you can't tell from the username, I'll give you a shout out. So I want to feature you. Alright, let's go ahead and get to the topic. Let's hit it. First, we need to talk about the different bid types that are available the ways that you can bid. The default is called maximum delivery. And it used to be called auto bidding back years ago, and I actually liked the term auto bidding better than maximum delivery, but whatever, I was not consulted. The way that maximum delivery works is you pay by the impression and LinkedIn bids as high as it needs to in order to spend your daily budget. It's the default option for most campaigns. And it is the most expensive way to pay for your traffic about 90% of the time from the studies we've done. It's only available for sponsored content, which is your newsfeed ads. But if you're anything like us, the vast majority of our budget ends up going into sponsored content. So it'll feel like a lot. Next, we have manual bidding. And with manual bidding, you can pay either by the click, or by the 1000 impressions. The concept of being able to pay by the click is what put Google Ads on the map. I absolutely love getting to tell people that when you're paying by the click, you don't pay a dime unless LinkedIn can get someone to actually take action. What LinkedIn does is it gets as much traffic as it can at your maximum bid until it hits your daily budget. Although many of us know it regularly overspends daily budgets, manual cost per click bidding results in the cheapest cost per click from LinkedIn about 90% of the time. So I get really comfortable with manual bidding. And I suggest you do the same. What's interesting about manual bidding is it's actually a hidden option. I joke about this, but in a campaign, you'll see under bidding, maximum delivery and cost cap bidding. And then there's an option that says more options. And when you click that, it reveals manual bidding. So this is effectively a hidden option, because it's an option that takes up one row that LinkedIn has hidden with a toggle that takes up one row. Obviously, this means that it was hidden intentionally. If you're listening to this podcast, I'm imagining that you are an advanced advertiser. And this is by far the best option for advanced advertisers that are looking to improve performance. It does take more work, but boy, it's worth it. When LinkedIn costs what it does to be able to get costs down 20, 30 50%. You'll also notice a little checkbox under manual bidding when you select it that says enable bid adjustment for high value clicks. And if you hover over the little question mark there, it says it allows LinkedIn to bid up to 45% higher to capture someone that LinkedIn thinks is most likely to convert. I would argue that this data is very limited on who is actually high value so I usually uncheck the box. In theory, this works the same way that target cost bidding used to work. But we'll talk about that here in just a moment. The option in between is called cost cap bidding. And LinkedIn says, "With automated cost cap bidding, you can set your maximum cost per key result. Oour bidding system will deliver as many results as possible at or below that price point." So of course, this sounds really cool, so we went and started doing a bunch of tests. And although they were limited, we tested cost cap against manual bidding, where we left the bid exactly the same. And in every case, we ended up with the same volume, but our costs were just higher. So I can't recommend cost cap bidding. But cost cap bidding replaced target cost bidding, and it went away a year or so ago. We never found success. In fact, the results that we had were very similar to what cost cap bidding is now. It appears to act very similarly. And I'm not sure why they took it away and replaced it. But in order to give it a different name, they must have changed something significantly on the back end. But we can't really tell the results are so similar to cost count bidding. Now, right underneath your bid type. You'll also see something called optimization goals. Those of you who are really experienced with Facebook advertising, you might remember the old bidding method on Facebook called OCPM, or optimized CPM bidding. OCPM on Facebook was awesome. I absolutely loved it. And what it did is it allowed you to pay Facebook's really low CPMs. So you're bidding by CPM, but the auction system is optimizing to show ads to those who are most likely to click. So you've really got the best of both worlds pay on low CPMs. While the advanced system found those who are most likely to click, it resulted in really low costs per click is fantastic. When you change your optimization goal to landing page clicks while you're bidding with maximum delivery, this is effectively the same thing as Facebook's old ocpm. The difference here though, is that LinkedIn CPMs aren't cheap. And I don't think that LinkedIn data is nearly as good at Facebook's about who's most likely to click. You can also set your optimization goal to impressions, which means you're telling the system to optimize towards showing as many impressions as possible, which isn't really an optimization. It's more of just what the ad platform is meant to do. But based off of your objective, you may also see some additional optimization goals. Like if you're in a video views campaign, you can optimize for video views. If you're in the brand awareness objective, you'll notice that you can optimize towards reach meaning hitting as many different people as possible rather than showing the same message the same person over and over. If you're in lead generation, you can use the optimization goal of leads meaning bid on those who are most likely to actually fill out a lead form. With website conversions, you can optimize towards people who are most likely to convert and then under sponsor messaging ad formats, the only optimization goal you get is sends, which is basically like optimizing for impressions. The system's not having to think too hard. So your optimization goal and your bidding strategy can change based off of the objective and your ad format. And there's way too many permutations to cover here. But for example, under the brand awareness objective, if you want to run a dynamic ad, let's say a spotlight ad, you'll be limited to just impressions as your optimization goal. Whereas under any other objective, you'd be able to set clicks as your optimization goal. And many people don't know this, but you can run a video ad under a website visits objective. If you set video views as your objective, you're limited to only being able to bid by the video view or by the impression. But if you put a video underneath a website visits campaign, you can set an optimization goal of landing page clicks, which is a cool hack. Okay, with that groundwork being laid, we can talk about how bidding actually works. If you haven't yet, go back and listen to episode 72 about relevancy score on LinkedIn, and how the auction works. We get really geeky into it. So when you start manually bidding, which again, I recommend about 90% of the time, it works on the basis of an auction. And LinkedIn calls it a second price auction, which is the same model that Google engineered back at the very beginning of Google Ads. And the logic goes like this, an impression comes up for auction. So let's say someone from your target audience just logged into LinkedIn, they navigate to their feed. And now LinkedIn hosts this very fast auction, that just takes a moment to let all the advertisers who want to show up in this user's feed to start to compete. Whoever wins this auction wins that impression. And then when someone eventually clicks on their ad, they end up paying one cent more per click than the loser the second place person would have paid. Whether you win the auction or not, it's a combination of your relevancy score, which is how well LinkedIn says that your campaigns are performing and your bid. If you have a high performing ad, meaning that it gets a high click through rate, it means you don't have to bid as high to get traffic. If your ads are low performing. It may feel like pulling teeth to get LinkedIn to try to show your ads or LinkedIn or show them but you get gouged by crazy high costs. So under this auction system, you show enough impressions that you start to get clicks and other interactions on your ads. And since you're bidding manually, you pay no more than what you bid. So you might be asking yourself, if that's the way the auction works for manual bidding, how does it work on maximum delivery or auto bidding? Maximum delivery is cost per 1000 impression bidding where again, LinkedIn gets to bid by the impression and bids as high as it needs to to spend your daily budget. This feels like a little bit of a conflict of interest to me, just imagine handing your wallet to LinkedIn and trusting them to only take as much out of your wallet as it really takes to advertise. It's not gonna happen. Since you're bidding by the impression and you're bidding high. LinkedIn doesn't even need to hold much of an auction for you. Because the whole auction environment, it's a way of maximizing profit among advertisers who are bidding only for performance. But when you're bidding by the impression, the auction doesn't care how your ads are performing, or performed in the past, because it gets paid handsomely guaranteed, just for showing your ad. So bidding this way, it's far easier to get traffic, you'll notice that it takes far less babysitting your campaigns to spend your budget. But because you're bidding so high on CPM, it leads to a much more expensive, effective cost per click 90% of the time. If you want to see how all the math works here, check out the YouTube video that I linked to below. It's all about CPC versus CPM bidding, and you can really see me nerd out. Now I've mentioned a couple times that maximum delivery is more expensive 90% of the time. But what about that 10% of the time that it's actually more efficient. We've found that that break even point starts when your click through rates get to two to three times the benchmark for that ad format. That of course means you need to know what your benchmarks are. So go check out episode 15, in case you missed that. And that click through rate of two to three times that's an average sometimes with more competitive audiences, we find that you have to be performing more like three times the benchmark. Alright, here's a quick sponsor break and then we'll get to dive into the advanced bidding tips. 14:44 The LinkedIn Ads Show is proudly brought to you by B2Linked.com. The LinkedIn Ads experts If you're a B2B company and care about getting more sales opportunities from your ideal prospects, then chances are LinkedIn Ads are for you. But the platform isn't easy to use and can be painfully expensive on the front end, which is probably why you're listening to this episode. At B2Llinked, we've cracked the code to maximizing your ROI while minimizing the costs you pay on LinkedIn. Our methodology includes building and executing LinkedIn Ads strategies that are customized to your unique needs, and tailored to the way that B2B consumers buy today. Over the last 11 years, we've worked with some of the largest LinkedIn advertising budgets in the world, we've spent over $150 million on the platform, and we're official LinkedIn partners. If you want to generate more sales opportunities with your ideal prospects, book a discovery call at B2Linked.com/apply, we'd absolutely love the chance to get to work with you. Let's jump into those advanced bidding tips. When you're bidding manually, I recommend usually bidding significantly lower than what LinkedIn recommends, I'll just remind you the average cost per click on LinkedIn is usually between about $8 to $14 per click in North America. So if LinkedIn is telling you that you need to be bidding $25, $40, $60 per click, you really don't have to trust that advice. It's bad advice. If you have a giant budget like Fortune 500 or if you have really small audiences, oftentimes you will have to bid significantly higher to spend those budgets. For instance, we know that we can't fill our budgets with bidding near the floor if someone's budget is more than like $10,000. So generally, I suggest bidding low and then if you're not getting enough traffic, then start to increase your bids. But many of you have asked me about starting by bidding high and then backing down. And I used to recommend this strategy, because by doing it, you can kind of pad your relevancy score. But I don't recommend it much anymore, just because of how much money was wasted during the first few days because of how much money was wasted during those first few days of bidding really high. I found that LinkedIn relevancy score will eventually shake out. If you have good ads, chances are, even if you're bidding low, the system will learn that you have good relevancy scores, even if you're bidding low. Sometimes if the ad platform gets it wrong, like if we're bidding low, and the platform gives us poor relevancy scores and so we see that the ads just aren't getting served, oftentimes, we'll pause those ads, and we'll relaunch exactly the same ads. We call this refreshing. So that's a tool in your tool belt. But if your ads are good, and your audience is tight, performance should be good and you shouldn't have to try to trick the relevancy score algorithm. Alright, let's talk about budgeting. So when you're doing manual bidding, you'll see that there's a daily budget. And there's also actually a lifetime budget, but we'll get to that. But when you're doing manual bidding, your daily budget is effectively just a safety net, that shuts your account off and takes you out of the auction, so that you stop spending. And LinkedIn will allow itself to spend over 50% of your daily budgets, which I think is a little bit excessive, but hey, I'm not on the back end. When bidding manually, I like to set my daily budgets really high, just to get it out of the way because the last thing you want to happen is your daily budget kicks in, shuts your account off before you actually find what that campaign is capable of spending at your bid level. Then after a couple days, you can analyze where you're hitting spend wise, and you can either lower your bids, or raise your budget, or maybe even both. So that's under manual bidding. But how does daily budget work when you're using maximum delivery? Well, this way, it's very simple. You set a budget, and it hits it or likely exceeds. Unless your audiences happen to be pretty small, then it might not actually hit it. But on small audiences watch because those costs per click, you might be paying $50 per click, since maximum delivery gets to bid so high. Keep an eye on that. So we mentioned lifetime budgets. If you've been listening for a while, you've likely guessed that I'm a fan of daily budgeting. I love that control that it gives us or the evergreen advertising approach that we recommend. When lifetime budgets first came out, it was back when a campaign would expire when it hit its lifetime budget. And when it expired, there was no bringing that campaign back from the dead. If that campaigns results ended up being great. You'd be recreating that bad boy from scratch. accounts would be littered with 10s or hundreds of unusable campaigns. They took up space and they weren't good for anything except for reporting. So to work around them, I used evergreen campaigns with daily budgets. And if for whatever reason I didn't want to keep running ads to a certain audience, I would end up pausing that campaign and I can resurrect it again in the future by simply unpausing it. And this does mean that you have to be consistently paying attention to the account. If you try to do the set it and forget it thing, you can end up overspending budgets. And this works out great for us because managing LinkedIn Ads is all we do so we don't mind having to have to look at an account every day. But I realized that there are those of you out there who manage multiple channels, and maybe don't have the bandwidth. And if that's you, then lifetime budgets can be okay. But here's how lifetime budgets work. For example, if you have a campaign that you want to give a lifetime budget of $1,000 to, the campaign then goes and tries to spend that $1,000 and then shuts off. This can happen over the course of one day, or it can happen over the course of two months. It's really just however long it takes based on your bids. Now you can set a daily budget as well. So let's say you set a daily budget of $50, and a lifetime budget of 1000. So it would try to spend the same $1,000, but it would pace it out over about 20 days. But of course it could take longer. I do like this level of control better if you want to use lifetime budgets, because blowing an entire campaigns budget for the month in one day is very difficult to explain to a boss or a client. So back to budgets when we're manually bidding, let's say that you have a $50 per day budget for a campaign. If you're bidding too high too aggressively, you could spend that entire budget by 5am, before the workday is even started. And on top of that, of course, LinkedIn reserves the right to overspend your daily budgets by 50%. So it could be even worse, you could spend today's and tomorrow's budget by 5am. If you're not bidding aggressively, if you're bidding more on the low end, that budget should last all day. Daily budgets with maximum delivery bidding are a little bit different. Because what you put in is your daily budget, LinkedIn is going to bid as high as it takes to actually spend that. Whereas with manual bidding, if you're only bidding, let's say $8 a click, and you have a budget of $50 for the day, if people just aren't clicking, LinkedIn is not going to do anything to try to get you to spend more towards that $50 mark. You might just spend $14 for the day and be done. And of course, there's a lot of back end logic that goes into this calculation, which is probably one of the biggest reasons that LinkedIn recommends not trying to time your campaign by pausing them and unpleasing them at different times of the day. You can imagine that if max delivery is trying to spend your budget by the end of 24 hours, if you pause your campaign until the beginning of the work day, and then pause at the end, you may only end up spending half of your daily budget, which would obviously be confusing for that algorithm. With manual bidding, though we don't have the same issue, which I actually really like. As a reminder, daily budgets work off of UTC timezone, which is in the UK. Now I'm here in the Western US, I'm in the Mountain Time Zone. And so when a campaign has hit its daily budget for the day, it turns back on fresh at 5pm. So you can spend the entire day's budget before the day actually begin. I really, really don't love that. In fact, I actually really hate it. All right, I've got the episode resources for you coming right up, along with my framework on how to get the lowest costs from LinkedIn Ads 100% of the time. That's coming up right after the resources, so stick around. 23:23 Thank you for listening to the LinkedIn Ads Show. Hungry for more? AJ Wilcox, take it away. Alright, like we mentioned in the news section, the article from Jae Oh on the LinkedIn ads blog all about the new interest targeting, you'll see a link to that. You'll also see the YouTube video that I did on CPC versus CPM bidding. You'll get to see all of the complex math behind how that calculation works. Episode 72 was all about relevancy score and the auction. So you'll see a link to that. Make sure just in case you missed that episode, you go back for it. If you or anyone else is looking to learn more about LinkedIn Ads, maybe you're just getting started, check out the course that I did with LinkedIn Learning all about LinkedIn ads. It's by far the least expensive and the highest quality course out there. If this is your first episode you're listening to, welcome! We're so excited to have you here. Make sure you hit that subscribe button. But if this is not your first time you've listened, please do consider rating and reviewing the podcast. Like I mentioned earlier, it's by far the best way that you can say thank you for the hours and hours that it takes to put this podcast together. With any questions, suggestions or corrections reach out to us at Podcast@B2Linked.com. So here's the framework I've been telling you about. Marketers really love frameworks so I'm giving you one of my favorite campaign launch frameworks. This works with any size of budget, any size of campaign, and it's designed to produce the very lowest costs on the platform period, 100% of the time. Get ready to take now notes. So you start out by bidding a campaign with manual CPC bidding. And I recommend significantly lower than the recommended bid range. In North America, maybe start around the $7 to $8 mark. And you set a budget that's significantly higher than what you actually want to spend. And don't worry, you likely won't actually be hitting it so don't be worried about it being sky high. I really like to set my budget so high during this initial testing phase, just to get it out of the way. You might be asking yourself, well AJ, how high? Here's my rule of thumb, I want it high enough that there's just hardly no way that it'll ever spend it, but not so high that if it did spend its budget, that I'd lose my job. So I launched my campaigns with that low manual bids with high budgets, and day one to one and a half will probably be the learning phase. So you don't want to touch your campaigns during that. The results from day two, though, should be pretty informative. On day two, you compare your actual spend for those campaigns with your desired budget. Now, notice, I didn't say your daily budget, I said your desired budget. And that's because I told you to set your daily budget higher than you actually want to spend. And that's because you don't want your daily budget to get in and shut your campaigns off mid day, you want to get a good feel for that audience's ability to actually spend based off of your bid level and your ad performance. For example, let's say that you set your daily budget at $200 per day, and you're actually wanting to spend about 50, at the end of day to look and see how that compares, did you weigh under spend the $50 mark, it means your bid likely isn't aggressive enough to reach enough of that target audience. Or it could be that your audience is just too small to spend that budget. I'd recommend increasing your bids by one to $3 per click, just depending on how severely you understand. What if you just kind of understand what it does mean that you'll need to bid higher to get into the auction enough to spend your budget. And here, you don't have to increase your bids quite so much. You could try increasing them by 10 cents to $1. What if you actually hit your desired budget for the day, it means that you're bidding at just the right level to spend your daily budget. And this is the holy grail. You just found out how to bid low enough to get the best pricing, but high enough to spend your whole budget and get scale. What if you actually spent higher than your desired budget though? Well, lucky you. Even at a low initial bid, you still overspend. And that means that you get to lower your bids even more and get even cheaper traffic while you're still spending your daily budget. Depending on how much you overspent by, you can lower your bids by again 10 cents to $1, or maybe a few dollars. There's no exact science here, you've got to make changes and see how the campaigns respond. Now as soon as you're comfortable spending your desired budget, then go ahead and lower your daily budget to match your desired budget. Or maybe lower it to a little bit under since LinkedIn can overspend your budget. And now your safety net is back in place. Oh, doesn't that feel good. Now you've let this campaign run for a few days, I like to look at a three day uninterrupted stretch. Now I want you to look at your click through rates. Do you have any that are consistently way above benchmark? With sponsored content campaigns, I look for click through rates that are over 1%. With text ads, I look for click through rates that are over .045%. If you get one of these, hurray, you can now switch to maximum delivery bidding. And this will actually start saving you money. And like we've discussed before, maximum delivery bidding is really convenient, it's a lot easier to use as an advertiser, then watch over time. Because if you have another three day stretch, where your click through rates are falling below that point at which your click costs became cheaper. Then you want to switch back to manual CPC bidding, and then rinse and repeat. The reason this happens is over time when you show your ads to the same people, they get less and less likely to click. And we call that saturation. You can go check that episode all about AD saturation. But this could happen over a week. It could happen over a month or two months. So you have to keep your eye on click through rates over time. And I reevaluate, I go through the same process. Every time I launch new ads or new offers since they're sure to change the click through rates, which then changes the relevancy score, which changes where your bids need to be in order to spend your ideal budget. If you launch new ads, and they get click through rates that are significantly higher, that's great. That means you're probably going to get to go and decrease your bids and get even cheaper traffic and still spend what you want to spend. Or maybe you launch new ads and they don't spend what you want them to, you can go and reevaluate by increasing your bids a little bit. Maybe you've been talking to your rep and your rep has been saying, no don't bid low because you'll end up getting bad quality leads. This is, from our experience, absolutely false. Without fail, every time we've tested lead quality associated with bid levels, we find no difference in lead quality. If you find that there's a difference though, go check your targeting, since you may inadvertently be letting people in who aren't part of your ideal customer profile, your ICP. So that's the framework. I hope you love it. Hope you took great notes. With that being said, I'll see you back here next week. I'm cheering you on in your LinkedIn Ads initiatives.

head google apple uk strategy north america fortune roi denmark hungry b2b costs depending marketers maximum makes sas google ads lowest customer success cpc bidding icp cpm utc episode six western us aj wilcox cpms b2linked linkedin ads show ocpm

The Podcast Industry Is Changing

Play Episode Listen Later Mar 1, 2023 19:54

“We cannot continue to sign contracts that say the ad is going to live in the episode forever. That's right. You heard it - forever.” Today, Heather Osgood is back with a solo episode to discuss the changes she's been seeing in the podcast industry. This includes: Faked in ads and why we need to start calling them what they are. Ways to make dynamically inserted ads more successful. Why we should move towards a pure CPM pricing model. The podcast industry is changing… are you able to keep up? ________________________________________ More of a visual person? Watch this episode on YouTube. Ready to learn more? Check out our blog for more podcast advertising tips. If you get value from the content, please consider subscribing and leaving a review! You can also follow us on social Twitter - @truenativemedia Instagram - @truenativemedia YouTube - True Native Media LinkedIn - Heather Osgood | True Native Media | Podcast Advertising Playbook

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Expert Series: Sensible Machine Learning

The OneStream Podcast

Play Episode Listen Later Feb 27, 2023 49:59

The adoption of artificial intelligence (AI) and machine learning (ML) by the Office of Finance and Operations is a matter of when — not if. Sensible ML, OneStream's first AI-enabled MarketPlace solution, is designed to productize time-series ML modeling for corporate performance management (CPM) and break down the traditionally high barriers to entry of advanced analytics for organizations. On this episode of the OneStream Podcast Peter Fugere is joined by Drew Shea, Scott Leshinski, and Chris Bielinski from OneStream's Sensible ML team to discuss how this amazing technology breaks down the traditional barriers and accelerates the forecasting process for our customers.

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Ranking 2023's Top 6 Marketing Strategies

Marketing Against The Grain

Play Episode Listen Later Feb 21, 2023 35:53

CPM costs are down. Is now a good opportunity to target online ads? Kipp and Kieran give you their insights on trends that are shaping marketing and how YOU can apply these to evolve your marketing strategy to the next level. Learn how consumer behavior changes will drive marketing change, 4 major items that are disrupting marketing, why video marketing is last on the list, and more. We're on Social Media! Follow us for everyday marketing wisdom straight to your feed YouTube: https://www.youtube.com/channel/UCGtXqPiNV8YC0GMUzY-EUFg Twitter: https://twitter.com/matgpod TikTok: https://www.tiktok.com/@matgpod Thank you for tuning into Marketing Against The Grain! Don't forget to hit subscribe and follow us on Apple Podcasts (so you never miss an episode)! https://podcasts.apple.com/us/podcast/marketing-against-the-grain/id1616700934 If you love this show, please leave us a 5-Star Review https://link.chtbl.com/h9_sjBKH and share your favorite episodes with friends. We really appreciate your support. Host Links: Kipp Bodnar, https://twitter.com/kippbodnar Kieran Flanagan, https://twitter.com/searchbrat ‘Marketing Against The Grain' is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Produced by Darren Clarke.

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Episode 2.21: Where Joel and Misty covet Polish doughnuts and learn about SEL supports in new CPM curriculum

Sounds Profitable: Adtech Applied

Play Episode Listen Later Feb 21, 2023 21:20

It's National Paczki Day! Have you ordered your special doughnuts for Fat Tuesday?Joel and Misty are also joined by Stephanie Castaneda and Mike Lolkus from the Curriculum and Assessment department at CPM to discuss the embedded social and emotional learning supports in the upcoming Inspiring Connections curriculum. Thank you for being a supporter of More Math for More People!The More Math for More People Podcast is produced by CPM Educational Program. Learn more at CPM.orgTwitter: @cpmmathFacebook: CPMEducationalProgramEmail: cpmpodcast@cpm.org

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Jeffrey Christian: Central Bank Gold Buying and Recession Outlook

Palisade Radio

Play Episode Listen Later Feb 20, 2023 73:45

Tom welcomes back Jeffrey Christian Managing Partner of CPM Group. Jeffrey is an expert on the gold and silver markets. Jeff explains that in 2000, they issued a buy recommendation on gold at around $285, due to the political and economic environment that was going to last for decades. He then outlines the different drivers for gold and silver in different market environments, as well as the optimal level of metals in a portfolio. He examines the idea that China holds 40,000 tons of gold in its reserves, and why China does not want to have the reserve currency of the world. Mr. Christian also explains why the mining industry has a lower beta compared to the price of the underlying metal. He states that due to a lack of investor interest in the sector, along with the rise of stock index funds and ETFs, institutional investors have been cutting costs and reducing their involvement in individual stock trading. This has caused a contraction in the stock market, reducing the buy side's ability to support research. He also explains the red, green, blue bubble chart that takes into account many different factors that CPM puts together, as well as the potential for hydrogen engines in the future and the importance of specialty metals, such as tantalum, in the electronics industry. Time Stamp References:0:00 - Introduction0:40 - Commodity Research5:24 - Factors Driving Metals10:07 - Gold & Silver Differences11:44 - An Optimal Portfolio14:03 - Bad Data & Conjecture?20:09 - Gold & China24:56 - Gold Reserves & Sources36:15 - China & Reserve Currency39:00 - BRICS Effects & Dollars44:40 - Mining Equities & Beta49:30 - Inflation & the Media55:18 - CPM Recession Outlook57:37 - CPM RGB Bubble Chart59:01 - A Year of Transition1:02:27 - Metals & Energy Scenarios1:05:10 - Fossil Fuel Future1:07:16 - Platinum & ICE's1:10:14 - Tantalum Uses & Supply1:12:36 - Wrap Up Talking Points From This Episode The drivers of gold and silver in the commodities market, as well as the optimal level of metals in a portfolio.The asymmetry of the gold and silver markets, and how bad data and misinformation can lead to incorrect decisions.China's gold industry and why they don't want to be the reserve currency of the world.Uses for the specialty metal tantalum and the importance of Australia becoming clean source of the metal. Guest LinksTwitter: https://twitter.com/CPMGroupLLCWebsite: https://www.cpmgroup.com/Questions Email: info@cpmgroup.comYouTube Link: https://www.youtube.com/c/CPMGroup/videos Jeffrey Christian is the Managing Partner of the CPM Group. He is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering, using options for hedging and investing purposes. He is the author of Commodities Rising 2006. Jeffrey Christian has been a prominent analyst and advisor on precious metals and commodities markets since the 1970s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis. The company was founded in 1986, spinning off the Commodities Research Group from Goldman, Sachs & Co and its commodities trading arm, J. Aron & Company. He has advised many of the world's largest corporations and institutional investors on managing their commodities price and market exposures and providing advisory services to the World Bank, United Nations, International Monetary Fund, and numerous governments.

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An FTC-Friendly Future for Podcast Ads & 2 Other Stories

Play Episode Listen Later Feb 16, 2023 11:42

Manuela: This is The Download from Sounds Profitable, the most important news from this week and why it matters to people in the business of podcasting. I'm Manuela Bedoya. Shreya: And I'm Shreya Sharma.This week: The ‘slippery slope' of podcast endorsements, Netflix's ad-supported tier has teething troubles, why ad buyers are hesitant to embrace DSPs, and a look at modern contextual advertising. Let's get started.Navigating the ‘slippery slope' of personal endorsements in podcast adsManuela: Over the past few years there have been multiple headlines spotlighting instances of social media influencers butting up against the Federal Trade Commission. This period of adjustment as new media incorporates modern advertising rules has matured to the point the FTC has a official page just for coaching influencers on advertisement disclosure. As MarketingBrew's Alyssa Meyers pointed out this week: the FTC hasn't similarly cracked down on podcast advertisements just yet, but it has come close. Listeners of The Download might remember a case in November when Google and iHeartRadio settled with the FTC out of court. The case concerned allegations that several iHeart on-air radio personalities were given ad copy with personal endorsements for a Pixel phone the hosts had not used. From Meyers' article: “Though the FTC's guidelines for endorsements and testimonials in advertising don't mention podcasts, the agency proposed a change last May that would, if approved, add an example concerning a podcast host related to disclosing material connections.”Podcasting is no stranger to ad copy that flirts the line between advertisement and personal endorsement. Meyers opens her article asking if the reader has ever questioned if podcasters really made the meal kits they endorse, or if their mattress sponsor actually fixed their back problems. Hyperbolic, perhaps, but endorsements are a big factor in the appeal of host-read ads. David Plotz, CEO of City Cast told MarketingBrew he has experienced advertisers requiring ads to contain personal endorsements or, more worryingly from an FTC perspective, attempt to slip a personal endorsement into the ad copy. Meyers spotlights two approaches that eliminate any FTC concerns: Lauren Lograsso and NPR. Lograsso prefers ad deals with required endorsements and the authenticity of having tried the product herself. Conversely, NPR has a blanket policy of zero personal endorsements, a byproduct of the company carrying over its radio journalism ethos into podcasting. The article then closes out with advice from Veritone One VP of podcasting Hilary Ross Shafer and Adopter Media CEO Glenn Rubenstein: onboarding calls between podcasters and advertisers are useful, if not vital, tools to establish goals and prevent miscommunication. While host-read remains the preferred method of podcast advertising, it's worth remembering Sounds Profitable's first study, After These Messages, found the gap between host-read and announcer-read was smaller than conventional wisdom might suggest. 81% of respondents trusted host-read ads, followed by 71% trusting announcer-read.While it's certainly possible podcasting will get a headline or two on par with, say, Instagram influencers selling teas that claimed to cure cancer, the data shows there's no need for such extremes. Podcast listeners, especially in comparison to other forms of media, are quite accepting, if not supportive of advertising. Netflix Ad-Supported Tier Experiences Teething TroublesShreya: Time for an update on a continuing story involving Netflix. Back in early November we covered the details of Netflix's new Basic tier with advertisements, as well as the big brands buying space at a reported CPM between $60 and $80. Now Basic with Ads has been out a few months and experienced its first teething troubles. Danielle Long, writing for The Drum, reports the streamer has had to issue refunds to Australian advertisers after failing to meet projected audience numbers. From the article: “Media reports suggest Netflix's Basic with Ads subscription tier, which launched in November, has underperformed by as much as 70% in the first three months of operation.”While Australia's ad refunds are the most eye-opening headline, Basic with Ads is reportedly slower to start than expected on a global scale. From a US perspective, last week an Insider Intelligence piece from Sara Lebow digs into the question of why, in the face of a recession, consumers aren't downgrading their Netflix memberships to Basic with Ads. In fact, as economic worries mount, CivicScience numbers show there has been a three percent decline in US citizens who only have one subscription video-on-demand service since January of 2022. From Insider Intelligence analyst Daniel Konstantinovic: “Not only have people shown they are willing to pay for entertainment through difficult economic times, but they're actually adding more.”One bright spot for Basic with Ads is the recent rollout of Netflix's password-sharing restrictions in certain markets, with plans to implement them in more places over time. While controversial on social media, kicking people off shared accounts will likely drive Basic with Ads subscriptions as people begin to sign up and see the ad-free experience they've grown accustomed to comes with the sticker shock of $16 a month.Audiences can be ad-averse and comfortable with paying to get away from ads. Even in podcasting, where we have seen audiences be particularly accepting of ads, there's a booming market of premium subscriptions that frequently offer ad-free feeds. The question remains if consumers will value ad-free Netflix at the price point of three premium subscriptions on Apple Podcasts. Why podcast ad buyers are hesitant to spend through demand-side platforms Manuela: It's no secret that programmatic has yet to be wholly adopted by podcast advertisers. This Valentine's Day, Sara Guaglione of Digiday has published a piece specifically to investigate why the hesitancy still exists. From the article: “There are a variety of reasons for this: host-read ads are still king in the medium, not all podcast networks or shows have inventory available to buy programmatically, and buyers often feel the need to vet the content to ensure contextual alignment when targeting specific audience segments or category verticals across a number of podcast networks.”This commitment to host-read and lack of programmatic accessibility also leads to a shortage of inventory available to plug into an SSP. Podcasting is also light on SSPs, with few exceptions past AdsWizz and Triton Digital. As Marketecture founder Ari Paparo told Digiday for another piece, it's not likely we'll see a lot of new SSPs pop up anytime soon. Paparo's quote from that article: “I think that, fundamentally, the SSP business is not very attractive … It's not growing, and it's very competitive as publishers really treat you like a commodity, they have like 10 or 20 of them implemented on every page.”It's not all grim news, though.Guaglione reports some buyers Digiday spoke to are either in the testing phase or outright investing in programmatic podcast ads for the first time this year. She also cites a prediction from Insider Intelligence that programmatic's 2% of total podcast ad spend in 2021 will grow to just under 10% by 2024. That said, there are still some outliers who take issue with programmatic as a concept. From the article: “One buyer — who did not feel comfortable speaking on the record to summarize agencies' hesitancy to buy podcast ads programmatically — said there is a “sect of the podcast ecosystem that is anti-programmatic that does not exist in other mediums,” which they believe is due to being “burned” by issues with programmatic display ad buying.”It's perfectly fine if buyers prefer host read. It's a proven and sound strategy, but it's also not a good look to trash alternatives that appeal to a larger buy-side. As has been said many times on this podcast: programmatic advertising is a tool, not a magic button. When used correctly, it can do amazing things. When implemented suboptimally, it can deliver suboptimal results. Shreya: Finally, it's time for our semi-regular roundup of articles we're calling Quick Hits. These are articles that didn't quite make the cut for today's episode, but are still worth including in your weekend reading.Before we get into the articles, we want to take a quick second to point you to a new video from Sounds Profitable partner Tom Webster. The first episode of Data Decoded, a series where Tom breaks down interesting data from studies done in podcasting in bite-sized videos, is live now. Check it out for context on some numbers from the newest study out of audio fiction network Realm.fm. Benedict Evans' latest annual presentation on macro and strategic trends in the tech industry - The New Gatekeepers - is now live on his site in both slide and video form, as well as an excellent breakdown of three takeaways by Conor McKenna on LinkedIn.YouTube's influencer program pivots to self-service after staff cuts, an article by Amanda Perelli, Lara O'Reilly, and Geoff Weiss. This piece breaks down the upcoming transition from YouTube's previously hands-on program that helped connect creators with relevant marketing campaigns. The Royal Rumble Is On For Who Wins Contextual Advertising by James Hercher. A bird's-eye view of contextual advertising, what it looks like in a post App Tracking Transparency world, and potential issues it faces with older brand safety methods like keyword-blocking. Here's what a $7M, 30-second Super Bowl ad can purchase in digital media in 2023 by Kristina Monllos. A fun breakdown of what the money necessary to book a thirty second ad during the most-watched football game of the year could buy on other platforms. In case you're curious, at the industry average CPM, that'd buy ad space on about 280 million podcast downloads. Manuela: And that was The Download, brought to you by Sounds Profitable! Today's episode was built using Spooler and hosted on Amazon's ART19. Find out more at Spooler.fm and Art19.comI know we went through today's stories fast, so be sure to check out the links to every article mentioned, right in your podcast listening app, or on SoundsProfitable.com/TheDownload. And thank you for sticking with us as we bring you the top stories you might have missed from the past week. I'm Manuela Bedoya.Shreya : And I'm Shreya Sharma. Our producers are Bryan Barletta, Gavin Gaddis, and Tom Webster. Our editors are Reece Carman and Ron Tendick. Special thanks to Art19 for hosting The Download. And thanks to you for joining us.

ceo amazon netflix australia google stories media super bowl australian valentines day navigating podcasting npr basic friendly drum realm ads pixel audiences ftc conversely iheart meyers federal trade commission comi cpm 7m ssp dsps digiday art19 hyperbolic tom webster app tracking transparency benedict evans conor mckenna triton digital ssps david plotz lauren lograsso insider intelligence paparo after these messages

An FTC-Friendly Future for Podcast Ads & 2 Other Stories

I Hear Things

Play Episode Listen Later Feb 16, 2023 11:42

Manuela: This is The Download from Sounds Profitable, the most important news from this week and why it matters to people in the business of podcasting. I'm Manuela Bedoya. Shreya: And I'm Shreya Sharma.This week: The ‘slippery slope' of podcast endorsements, Netflix's ad-supported tier has teething troubles, why ad buyers are hesitant to embrace DSPs, and a look at modern contextual advertising. Let's get started.Navigating the ‘slippery slope' of personal endorsements in podcast adsManuela: Over the past few years there have been multiple headlines spotlighting instances of social media influencers butting up against the Federal Trade Commission. This period of adjustment as new media incorporates modern advertising rules has matured to the point the FTC has a official page just for coaching influencers on advertisement disclosure. As MarketingBrew's Alyssa Meyers pointed out this week: the FTC hasn't similarly cracked down on podcast advertisements just yet, but it has come close. Listeners of The Download might remember a case in November when Google and iHeartRadio settled with the FTC out of court. The case concerned allegations that several iHeart on-air radio personalities were given ad copy with personal endorsements for a Pixel phone the hosts had not used. From Meyers' article: “Though the FTC's guidelines for endorsements and testimonials in advertising don't mention podcasts, the agency proposed a change last May that would, if approved, add an example concerning a podcast host related to disclosing material connections.”Podcasting is no stranger to ad copy that flirts the line between advertisement and personal endorsement. Meyers opens her article asking if the reader has ever questioned if podcasters really made the meal kits they endorse, or if their mattress sponsor actually fixed their back problems. Hyperbolic, perhaps, but endorsements are a big factor in the appeal of host-read ads. David Plotz, CEO of City Cast told MarketingBrew he has experienced advertisers requiring ads to contain personal endorsements or, more worryingly from an FTC perspective, attempt to slip a personal endorsement into the ad copy. Meyers spotlights two approaches that eliminate any FTC concerns: Lauren Lograsso and NPR. Lograsso prefers ad deals with required endorsements and the authenticity of having tried the product herself. Conversely, NPR has a blanket policy of zero personal endorsements, a byproduct of the company carrying over its radio journalism ethos into podcasting. The article then closes out with advice from Veritone One VP of podcasting Hilary Ross Shafer and Adopter Media CEO Glenn Rubenstein: onboarding calls between podcasters and advertisers are useful, if not vital, tools to establish goals and prevent miscommunication. While host-read remains the preferred method of podcast advertising, it's worth remembering Sounds Profitable's first study, After These Messages, found the gap between host-read and announcer-read was smaller than conventional wisdom might suggest. 81% of respondents trusted host-read ads, followed by 71% trusting announcer-read.While it's certainly possible podcasting will get a headline or two on par with, say, Instagram influencers selling teas that claimed to cure cancer, the data shows there's no need for such extremes. Podcast listeners, especially in comparison to other forms of media, are quite accepting, if not supportive of advertising. Netflix Ad-Supported Tier Experiences Teething TroublesShreya: Time for an update on a continuing story involving Netflix. Back in early November we covered the details of Netflix's new Basic tier with advertisements, as well as the big brands buying space at a reported CPM between $60 and $80. Now Basic with Ads has been out a few months and experienced its first teething troubles. Danielle Long, writing for The Drum, reports the streamer has had to issue refunds to Australian advertisers after failing to meet projected audience numbers. From the article: “Media reports suggest Netflix's Basic with Ads subscription tier, which launched in November, has underperformed by as much as 70% in the first three months of operation.”While Australia's ad refunds are the most eye-opening headline, Basic with Ads is reportedly slower to start than expected on a global scale. From a US perspective, last week an Insider Intelligence piece from Sara Lebow digs into the question of why, in the face of a recession, consumers aren't downgrading their Netflix memberships to Basic with Ads. In fact, as economic worries mount, CivicScience numbers show there has been a three percent decline in US citizens who only have one subscription video-on-demand service since January of 2022. From Insider Intelligence analyst Daniel Konstantinovic: “Not only have people shown they are willing to pay for entertainment through difficult economic times, but they're actually adding more.”One bright spot for Basic with Ads is the recent rollout of Netflix's password-sharing restrictions in certain markets, with plans to implement them in more places over time. While controversial on social media, kicking people off shared accounts will likely drive Basic with Ads subscriptions as people begin to sign up and see the ad-free experience they've grown accustomed to comes with the sticker shock of $16 a month.Audiences can be ad-averse and comfortable with paying to get away from ads. Even in podcasting, where we have seen audiences be particularly accepting of ads, there's a booming market of premium subscriptions that frequently offer ad-free feeds. The question remains if consumers will value ad-free Netflix at the price point of three premium subscriptions on Apple Podcasts. Why podcast ad buyers are hesitant to spend through demand-side platforms Manuela: It's no secret that programmatic has yet to be wholly adopted by podcast advertisers. This Valentine's Day, Sara Guaglione of Digiday has published a piece specifically to investigate why the hesitancy still exists. From the article: “There are a variety of reasons for this: host-read ads are still king in the medium, not all podcast networks or shows have inventory available to buy programmatically, and buyers often feel the need to vet the content to ensure contextual alignment when targeting specific audience segments or category verticals across a number of podcast networks.”This commitment to host-read and lack of programmatic accessibility also leads to a shortage of inventory available to plug into an SSP. Podcasting is also light on SSPs, with few exceptions past AdsWizz and Triton Digital. As Marketecture founder Ari Paparo told Digiday for another piece, it's not likely we'll see a lot of new SSPs pop up anytime soon. Paparo's quote from that article: “I think that, fundamentally, the SSP business is not very attractive … It's not growing, and it's very competitive as publishers really treat you like a commodity, they have like 10 or 20 of them implemented on every page.”It's not all grim news, though.Guaglione reports some buyers Digiday spoke to are either in the testing phase or outright investing in programmatic podcast ads for the first time this year. She also cites a prediction from Insider Intelligence that programmatic's 2% of total podcast ad spend in 2021 will grow to just under 10% by 2024. That said, there are still some outliers who take issue with programmatic as a concept. From the article: “One buyer — who did not feel comfortable speaking on the record to summarize agencies' hesitancy to buy podcast ads programmatically — said there is a “sect of the podcast ecosystem that is anti-programmatic that does not exist in other mediums,” which they believe is due to being “burned” by issues with programmatic display ad buying.”It's perfectly fine if buyers prefer host read. It's a proven and sound strategy, but it's also not a good look to trash alternatives that appeal to a larger buy-side. As has been said many times on this podcast: programmatic advertising is a tool, not a magic button. When used correctly, it can do amazing things. When implemented suboptimally, it can deliver suboptimal results. Shreya: Finally, it's time for our semi-regular roundup of articles we're calling Quick Hits. These are articles that didn't quite make the cut for today's episode, but are still worth including in your weekend reading.Before we get into the articles, we want to take a quick second to point you to a new video from Sounds Profitable partner Tom Webster. The first episode of Data Decoded, a series where Tom breaks down interesting data from studies done in podcasting in bite-sized videos, is live now. Check it out for context on some numbers from the newest study out of audio fiction network Realm.fm. Benedict Evans' latest annual presentation on macro and strategic trends in the tech industry - The New Gatekeepers - is now live on his site in both slide and video form, as well as an excellent breakdown of three takeaways by Conor McKenna on LinkedIn.YouTube's influencer program pivots to self-service after staff cuts, an article by Amanda Perelli, Lara O'Reilly, and Geoff Weiss. This piece breaks down the upcoming transition from YouTube's previously hands-on program that helped connect creators with relevant marketing campaigns. The Royal Rumble Is On For Who Wins Contextual Advertising by James Hercher. A bird's-eye view of contextual advertising, what it looks like in a post App Tracking Transparency world, and potential issues it faces with older brand safety methods like keyword-blocking. Here's what a $7M, 30-second Super Bowl ad can purchase in digital media in 2023 by Kristina Monllos. A fun breakdown of what the money necessary to book a thirty second ad during the most-watched football game of the year could buy on other platforms. In case you're curious, at the industry average CPM, that'd buy ad space on about 280 million podcast downloads. Manuela: And that was The Download, brought to you by Sounds Profitable! Today's episode was built using Spooler and hosted on Amazon's ART19. Find out more at Spooler.fm and Art19.comI know we went through today's stories fast, so be sure to check out the links to every article mentioned, right in your podcast listening app, or on SoundsProfitable.com/TheDownload. And thank you for sticking with us as we bring you the top stories you might have missed from the past week. I'm Manuela Bedoya.Shreya : And I'm Shreya Sharma. Our producers are Bryan Barletta, Gavin Gaddis, and Tom Webster. Our editors are Reece Carman and Ron Tendick. Special thanks to Art19 for hosting The Download. And thanks to you for joining us.

ceo amazon netflix australia google stories media super bowl australian valentines day navigating podcasting npr basic friendly drum realm ads pixel audiences ftc conversely iheart meyers federal trade commission comi cpm 7m ssp dsps digiday art19 hyperbolic tom webster app tracking transparency benedict evans conor mckenna triton digital ssps david plotz lauren lograsso insider intelligence paparo after these messages

Navigating a Sea of Movement Acronyms & Orgs

IREM: From the Front Lines

Play Episode Listen Later Feb 14, 2023 39:30

NPL, CPM, DMM... what's the difference and how can you navigate relating to a tribe you're not in? In this episode, Dave and Mark dive into the hot topic of movement acronyms and orgs and bring a lot of perspective and a little clarity to the subject. Listen as we share our stories and even a few definitions. Hope it helps.Show Notes:

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2023 IREM President Renee Savage, CPM, CCIM

Play Episode Listen Later Feb 14, 2023 9:13

IREM CEO/EVP Linda Caradine-Poinsett, PhD, MJ, MBA sits down with 2023 IREM President Renee Savage, CPM, CCIM, who shares her vision for advancing IREM's strategic plan and discusses the year ahead.Find knowledge for the dynamic world of real estate management at irem.org.

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338: YouTube Shorts Revenue is Bad, Shotgun vs. Lav Mics, & More

Bandrew Says Podcast

Play Episode Listen Later Feb 13, 2023 46:41

On episode 338of the BSP I discuss YouTube shorts revenue sharing going live and what kind of CPM you can expect, I share my weight loss journey, discuss editing some more, admitting that I screw up a lot, address people telling me I use windscreens wrong, then discuss if mics being labeled "podcast" mics offends me, and finally answer if a listener should use a shotgun mic or lavalier microphone. Subscribe to the full audio podcast at http://www.bandrewsays.com Gear Used This Episode (Affiliate Links): Presonus M7: https://geni.us/prem7 Yellowtek M!ka: https://www.yellowtec.com/mika.html Universal Audio LA610 MKII: http://bit.ly/2MBhwLA Universal Audio x8: https://imp.i114863.net/zMg2r Sennheiser HD650: https://geni.us/sennhd650 As an affiliate I earn from qualifying purchases. Ask Questions: https://www.askbandrew.com Merch: https://www.podcastage.com/store Discord: http://www.podcastage.com/discord 00:00 - Intro 01:00 - YouTube Shorts Ad Revenue Sucks! 08:15 - My Weight Loss Journey 20:15 - Presonus M7 21:45 - WYHTS: Who Has Time For Editing? 26:40 - WYHTS: It's Okay To Screw Up. 29:45 - WYHTS: Get Over Yourself! 32:30 - WYHTS: FIll Your Living Space For Your Hobby! 33:45 - WYHTS: Your Using Your Popfilter Wrong! 35:40 - Ask Bandrew 36:30 - Voice Submission 1 37:30 - Do I Care that People Label the RE20 and AT2020 Podcast Microphones? 40:20 - Voice Submission 2 40:54 - Should You Use a Shotgun Mic or Lav Mic? 45:50 - Outro

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Monetizing a Niche Podcast to $87,000 | Harry Duran

Hustle To Freedom: Everyday People Creating Extraordinary Side Hustles

Play Episode Listen Later Feb 10, 2023 30:14

In this episode, we're going to get real about making money with a hyper-niche show! Our guest today, podcast strategist Harry Duran, shares his incredible success story, having generated over $87,000 in sponsorship revenue since starting his podcast in early 2020. Harry also reveals how he broke away from the standard CPM model and offers a behind-the-scenes look at how he lines up all his sponsorship deals. If you join us, you'll learn how Harry generated over $9,000 for the entire first season of his podcast and many other valuable insights this expert is eager to share with you. I'm sure you'll be inspired and motivated to take your podcast to the next level as we uncover the secrets to making bank with a hyper-niche podcast!Tune in and learn how to make your podcast a profitable venture. Let's dive in! Key Takeaways:Intro (00:00)$87,000 in sponsorship revenue in 3 years (00:36)How Harry started his podcast and became the vertical farming expert (03:27)How Harry become aware of the industry of vertical farming (04:29)Engaging with sponsors (07:17)Starting the relationship with cultivated (11:00)How to talk with a new potential sponsor (11:56)Creative ways to leverage visibility in a space (18:26)Podcast niches of the future (21:03)Unexpected side effects of Harry's podcast project (24:03)From getting an idea to building a podcast (25:44)How to connect with Harry (29:17)Additional sources:

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Is Charity Content for Clicks Charitable? The Mr. Beast Debate (news)

Nonprofit News Feed Podcast

Play Episode Listen Later Feb 7, 2023 27:39

Hot Take Debate: Was Mr. Beast's Cataract Surgery Video charitable? Adam Faircloth joins the debate. https://www.linkedin.com/in/adamfaircloth/ Context: MR Beast made content around paying for 1k eye surgeries, is this charitable. the video has 95million views and was sponsored by Experian. At a rate of $2.13 per CPM, the video has generated at least $200k. does it matter that it isn't a nonprofit? what if it was a nonprofit? how does this compare to flies in the eyes videos of african children that used to be used for fundraising does it matter if Mr Beast made a profit on this? what difference is there between actors being paid to perform in a video and people getting their surgeries covered to perform in a video Is this actually a potential earned revenue model? Other NonprofitNewsfeed.com Summary World Cancer Day Promotes Advocacy, Awareness, & Early Detection World Cancer Day, which was this past Saturday, emphasizes the importance of awareness around cancer, its potential symptoms, and the importance of an early diagnosis. The BBC acknowledged the day of advocacy by highlighting stories of young cancer patients who were misdiagnosed, acknowledging that young people can get cancer too. Many nonprofits, including Whole Whale client LCFA, advocates for research, awareness, and community on behalf of those impacted by cancers of various type. Many hospitals and other medical centers launched advocacy campaigns themselves, including the Georgia Cancer Center. Read more ➝ Late Subway Cofounder Donates 50 Percent Ownership to Nonprofit | QSR magazine Local nonprofit cleans up 36,000 pounds of trash along American River | CBS News World's biggest YouTuber paid for 1,000 people to get eye surgery but is slammed for ‘making content out of people who can't see' | Fortune Gorillas, militias, and Bitcoin: Why Congo's most famous national park is betting big on crypto | MIT Technology Review

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Episode 2.20: Where Joel and Misty wonder about e and begin learning about Inspiring Connections

Using the Whole Whale Podcast

Play Episode Listen Later Feb 7, 2023 31:28

It's another enchanting episode of the More Math for More People podcast!Today is National e Day AND National Periodic Table Day, so Joel and Misty nerd out about that for a bit. Karen Wootton and Krista Holstein also join them on the podcast to discuss some of the key features and updates that are part of CPM's new Inspiring Connections curriculum that will launch this Fall.They also discuss some of the news and information in this month's CPM Newsletter. You can find out more about the TRC in Episode 4 of Season 1 or at www.imath.us. You can learn more about ABP in Episode 23 of Season 1 or at cpm.org/abp. Happy February!The More Math for More People Podcast is produced by CPM Educational Program. Learn more at CPM.orgTwitter: @cpmmathFacebook: CPMEducationalProgramEmail: cpmpodcast@cpm.org

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Is Charity Content for Clicks Charitable? The Mr. Beast Debate (news)

Play Episode Listen Later Feb 7, 2023 27:39

Hot Take Debate: Was Mr. Beast's Cataract Surgery Video charitable? Adam Faircloth joins the debate. https://www.linkedin.com/in/adamfaircloth/ Context: MR Beast made content around paying for 1k eye surgeries, is this charitable. the video has 95million views and was sponsored by Experian. At a rate of $2.13 per CPM, the video has generated at least $200k. does it matter that it isn't a nonprofit? what if it was a nonprofit? how does this compare to flies in the eyes videos of african children that used to be used for fundraising does it matter if Mr Beast made a profit on this? what difference is there between actors being paid to perform in a video and people getting their surgeries covered to perform in a video Is this actually a potential earned revenue model? Other NonprofitNewsfeed.com Summary World Cancer Day Promotes Advocacy, Awareness, & Early Detection World Cancer Day, which was this past Saturday, emphasizes the importance of awareness around cancer, its potential symptoms, and the importance of an early diagnosis. The BBC acknowledged the day of advocacy by highlighting stories of young cancer patients who were misdiagnosed, acknowledging that young people can get cancer too. Many nonprofits, including Whole Whale client LCFA, advocates for research, awareness, and community on behalf of those impacted by cancers of various type. Many hospitals and other medical centers launched advocacy campaigns themselves, including the Georgia Cancer Center. Read more ➝ Late Subway Cofounder Donates 50 Percent Ownership to Nonprofit | QSR magazine Local nonprofit cleans up 36,000 pounds of trash along American River | CBS News World's biggest YouTuber paid for 1,000 people to get eye surgery but is slammed for ‘making content out of people who can't see' | Fortune Gorillas, militias, and Bitcoin: Why Congo's most famous national park is betting big on crypto | MIT Technology Review

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Reaching Muslims in Berlin Through Word & Spirit with David Campbell

creative cpm programmatic online marketplaces social media growth monetize your podcast audio interface

Play Episode Listen Later Feb 7, 2023 25:53

God used David and Keri Campbell to catalyze work among Muslims in Berlin. In this episode, David shares about how God worked by way of Word and Spirit and through their obedience to see new work catalyzed. He goes on to share what success looked like in their time there and how he heard from God when the time came to exit Berlin.

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Three Online Marketplaces To Find Sponsors and Monetize Your Podcast

Clipped

Play Episode Listen Later Feb 1, 2023 14:56

Do you want to monetize your podcast? Have you been struggling to find the right platform and the right approach? With the rise of online marketplaces for podcasters it's easier than ever to monetize your podcast. But with so many options available it can be hard to know where to start. In this episode, I will be discussing three online marketplaces that match brands with podcasters, helping make the process of monetizing your podcast easier and more successful. I will also be discussing the different types of ads, CPM's, and revenue sharing that is typical in the podcast industry. The Three Online Marketplaces I'm Covering In This Episode: Advertisecast Podcorn Gumball Episode Highlights: Host read ads vs. Programmatic ads The difference between pre-rolls, mid-rolls, and post-rolls CPM meaning and negotiation Creative ways to integrate sponsors into podcast episodes The three online marketplaces that match podcasters with brands and how much they pay out Resources: Best Podcast Equipment For 2023 The Top 5 Audio Interfaces for Podcasters Best Podcast Headphones For 2023 The Complete Guide To Recording A Podcast With Riverside.fm Other episodes you'll enjoy: EP 30 - Unlock The Power of Social Media Growth and Leverage Your Brand To Create a Winning Strategy ft. Travis Brown EP 22 - How To Monetize a Podcast With Amazon Affiliate Marketing EP 20 - How To License Podcast Music ft. Jonathan Lane Loved this episode? Leave us a review and rating here: https://ratethispodcast.com/clipped Connect With Me: Website Instagram YouTube LinkedIn

How Prophecy & Healing Led Me to The Mission Field with David Campbell

Play Episode Listen Later Jan 31, 2023 46:44

God took David and Keri Campbell on a journey of broad seed sowing that led to a demonstration of the gospel through healing. Ultimately, it led them to Berlin where God used them to catalyze work among Muslims. In this episode, David shares about the field and unpacks how God changed their thinking on healing and prophecy.⁠

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Expert Series: Evolution of the Platform with Bob Powers

The OneStream Podcast

Play Episode Listen Later Jan 31, 2023 26:06

Platform, platform, platform. Listeners of the OneStream Podcast know how passionate Peter is about that subject and on this episode he is joined by a guest who's just as passionate. Bob Powers, one of the co-founders of OneStream Software and current CTO, talks about how a handshake and long nights of coding over a decade ago has led to a platform that is revolutionizing corporate performance management (CPM). Peter and Bob also discuss how OneStream continues to develop capabilities that help make the platform an even more powerful and robust solution for our customers, partners and employees.

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81: Lisa Rawson - Midwifery Licensing

Born Wild Podcast

Play Episode Listen Later Jan 30, 2023 65:52

Podcast template Interview PODCAST EPISODE - LISA RAWSON - MIDWIFERY LICENSING - #81 Join your host Sophia as she interviews Midwife Lisa Rawson again! They attempt to discuss traveling midwifery, rural midwifery, hemorrhage, chart reviews, pros and cons of licensing, Breech, twins, postdates, transfer of care, and medical abandonment...all while the "California Medical Board" disrupts the podcast over and over. Lisa Rawson is a LM of CA and CPM, with licenses in various states. She has been working with families for 25 years – educating, empowering, catching babies, and enabling equal access. She enjoys infusing humor and joy while discussing difficult topics in her fields of interest. Her dream is to have various modalities of midwifery care accessible to all. She seeks to restore informed consent and choice thru education, social justice and solidarity toward equitable human rights. She comes from a long time rural community based homebirth practice but has worked in a variety of settings-including unlicensed midwifery. At this time, Lisa is a traveling midwife and enjoys infusing her knowledge with the lessons she learns while serving new communities & individual families for a short time. She is a mother of 8 children, a wife of 25 years and the matriarch of a multigenerational family. She enjoys cooking, swimming, playing games, exploring new places and hugging people! Midwifery Wisdom: https://midwiferywisdom.com/experience/conference/ Lisa Rawson LM - Rural Midwifery episode: https://anchor.fm/bornwild/episodes/Lisa-Rawson-LM---Rural-Midwifery---S1E13-e1454ll IG-lisa_rawson_lm FB: Mountain Valley Midwifery Website: http://Www.mountainvalleymidwifery.com Listen here: IG: linktree in bio FB: https://anchor.fm/bornwild/episodes/81-Lisa-Rawson---Midwifery-Licensing-e1tcbkq @sophiabirth @bayareahomebirth @ninabasker @huggasteele @familyfocusdoulacare @bornwildmidwifery Stay Wild

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LinkedIn's Audience Network - A Deep Dive with Peter & Lipika - EP 85

Play Episode Listen Later Jan 27, 2023 28:08

Show Resources Here were the resources we covered in the episode: NEW LinkedIn Learning course about LinkedIn Ads by AJ Wilcox Youtube Channel Contact us at Podcast@B2Linked.com with ideas for what you'd like AJ to cover. A great no-cost way to support us: Rate/Review! Show Transcript AJ Wilcox Have you thoroughly tested the LinkedIn Audience Network yet? Some big changes have been made to it recently. And there's a lot to appreciate. Today on the LinkedIn Ads Show, we're diving into the LinkedIn Audience Network. Welcome to the LinkedIn Ads Show. Here's your host, AJ Wilcox. AJ Wilcox Hey there LinkedIn Ads fanatics. If you're like me, you've seen the option for enabling LinkedIn Audience Network and sponsored content campaigns for years. Maybe it's something that you've occasionally used, or in some cases, maybe you've always excluded it. Well, LinkedIn recently made big changes to the audience network. And I wanted to bring LinkedIn's product team in to come and talk to us about it. Now we as marketers, we seem to always be shortening things to acronyms. I've called the LinkedIn Audience Network LAN for lots of years. And in this episode, we mostly refer to it by its full name, but don't be confused. It's the same option that I've talked about in the past. Now, Peter Turner was one of the product people at LinkedIn for lots of years. And I've gotten to interface with him for a long time, as he's worked on many different projects. And as I wanted to have an episode all about the LinkedIn Audience Network, of course, I knew he was all over it. And I wanted to make sure we brought him on. And he introduced me to Lipika Gimmler, who's also over it. And so we're trying to kind of dual interview approach. So I hope you like hearing from both Peter and Lipika. AJ Wilcox I wanted to give a shout out to Rob Baijens from the Netherlands. And Rob I'm sorry if I butchered your last name. But he left a review on the podcast and he said, "100% the LinkedIn go to podcast five stars love AJs podcast, he gives so much insights, updates, and inspiration when it comes to LinkedIn advertising and more. What I especially like is not only his guru level expertise, although he is a LinkedIn guru, but the AJ also tells the audience when he simply doesn't know yet asking the audience to share their thoughts. This makes his podcast 100% authentic. I want to apologize to AJ for not taking the time until now to give him the five star review he deserves", with a little smiley face. "AJ, please keep up the good work as you bring so much value to the LinkedIn community. All the best Rob Baijens, the Netherlands." Rob, I don't care how long you waited. I'm so grateful that you left this review. I do try really hard to be truthful when there is something I just don't know or don't have enough data on. So I'm glad you picked up on that. I do have an ego. I don't like to admit when I don't know something, but I try really hard for you guys. Thanks so much for heeding the call when I asked for reviews. So thank you. And of course everyone else, please do follow Rob's lead here and go and leave a review as well. As a reminder, make sure you go back and listen to episode 83. It was the holiday ad Performance Report. We've had about 35 man hours go into producing that episode and the report. If you skip that episode, do go back and listen to it. Okay, without further ado, let's go ahead and jump into the interview. AJ Wilcox All right, Lipika and Peter, I'm so excited to have you guys here. Lipika, let's start with you. Tell us about yourself and what you do at LinkedIn. Lipika Gimmler Hey, AJ, my name is Lipika. And I'm a product marketing manager at LinkedIn. And I work on the LinkedIn Audience Network. And I typically sit at the intersection of our product build and our go to market teams, really helping in the formulation of product value propositions as well as partnering with our product teams in continuing to build meaningful solutions for our customers. AJ Wilcox Fantastic. And, Peter, same question to you. Peter Turner Hey AJ, great to be here. I've been at LinkedIn for a little over six years now. I've had a variety of roles focused on different partnership programs. Throughout this time, one of those programs has been the LinkedIn Audience Network. And I've been a part of the growth of LinkedIn Audience Network from its founding. And now my team looks after the partnerships and ecosystem strategy necessary to keep growing the value we create for marketers. AJ Wilcox That's awesome, Peter, as long as I can remember you and I've been talking about the LinkedIn Audience Network. The impetus for this whole interview was I haven't had an episode about the LinkedIn Audience Network. And I've always been telling myself as soon as I can have Peter on that's when we're going to have an episode. So this is the culmination of that. Really excited to have both you and Lipika here. Well, I think we need to start out with just a general definition here. What is the LinkedIn Audience Network? I'd love for you to tell us even more about how it works, what it's used for? How we see it within campaign manager. Lipika Gimmler Yeah, absolutely. So in a nutshell, the way we describe the LinkedIn Audience Network is that it's a placement available within LinkedIn suite of advertising products. So it essentially enables our advertisers to reach their targeted professional audiences at scale across a network of vetted publishers really to maximize their advertising outcomes. So by leveraging the LinkedIn Audience Network, what advertisers can do is number one, they can extend the reach of their sponsored content campaigns, to LinkedIn professionals who happen to be active on trusted third party apps and sites and advertisers are also able to boost campaign performance across full funnel objectives. So by leveraging the LinkedIn Audience Network, they can achieve better return on adspend and improve their marketing outcomes by really activating their campaigns across both the LinkedIn feed and the LinkedIn Audience Network. So it really is a powerful, powerful tool that should be considered by advertisers who want to really expand the scale of their B2B campaigns. AJ Wilcox And I love the audience network for the exact reason. When we're just advertising on LinkedIn, it almost feels like we're bidding on someone and we're waiting for them to come back to LinkedIn. But through the LinkedIn Audience Network, we're able to reach those exact right professionals, with the right targeting pretty much all the way across the web. So I'm a big fan. Lipika Gimmler Yep, absolutely. And that's exactly what the product was designed to do is to really work in partnership with a LinkedIn feed to help our advertisers ultimately reach their intended audiences across the touchpoints that matter whether that's on the platform, or whether that's off the platform. So it really is a fantastic tool to consider experimenting with. AJ Wilcox Perfect. And Peter, tell us about how LinkedIn decided who would be a great publisher to partner with on the audience now? Peter Turner Well, first, we couldn't have an audience network without publishers. And so we're deeply grateful for our publishers and the role they play. Our publisher partners strategy is one that is deeply rooted in our principles provide value to our B2B marketers. And we do this by extending campaign scale and reach while helping ensure that their brand messages appear in safe environments. We look at both quantitative data like the relative level of invalid traffic on a publisher as well as more qualitative reviews of their ad experience and ad load. We prioritize publishers that we know to be spaces where our professional audiences are present and engaged, and we have checks and balances in place to bid on quality inventory. Because brand safety is incredibly important to our advertisers and to us, we work with leading partners like DoubleVerify, Integral Ad Science, and Pixelate to help protect marketer campaigns. AJ Wilcox And what I love about this is it seems like every ad platform who has an audience network, the general feel is it's going to be a lower quality network. But I've never felt that with LinkedIn, it always feels like there's premium placements. And I would imagine that you're probably to thank for that. Peter Turner Just like with LinkedIn, we take brand safety very seriously and want to make sure that marketers can trust coming off LinkedIn as much as they trust running from their campaigns on LinkedIn. AJ Wilcox Most of us know that the various display networks out there for digital marketers are commonly regarded as being low quality. So how is the LinkedIn Audience Network different from the Google Display Network? And Facebook's Audience Network? Lipika Gimmler Yeah, that's a great question. And to really summarize it succinctly, the LinkedIn Audience Network is truly designed and built differently from other audience networks, as it's ultimately rooted in enabling our advertisers to reach highly coveted professional audiences and engage b2b decision makers across the touchpoints that matter, and do so at scale. So we consider our audience network to actually be a core part of our ad placement offering. So it's considered to be a truly vetted product from both a performance standpoint and from a brand safety standpoint, as Peter alluded to, so advertisers who are looking for ways to further scale their campaign and engage with their target professional audience across the surfaces that matter, find a lot of value in leveraging our audience network, as we've had studies show that marketers can achieve up to nine times more monthly touch points to reaching LinkedIn members who tend to be more active on our audience network. This is definitely something that really does set us apart from other audience networks. And we've also invested a lot in making sure that we reach and target the right audience through integrations to third party supply sources, and bolstering our audience graph. And of course, doing so safely with leading brand safety and suitability solutions through the partners that Peter mentioned as well. DoubleVerify being one of the most recent partnerships that we've forged in the past quarter, Peter Turner AJ, we found that advertisers achieve better return on adspend improve marketing outcomes by by asking their campaigns both on LinkedIn on instant work, and alongside the LinkedIn feed. Advertisers see an estimated cost per 1000 impressions reduced by 47%. And 63%, lower cost per conversions when leveraging the Audience Network. AJ Wilcox And that makes perfect sense to me. This is the right people seeing your message more often. in more places. I like to use this thought idea of like, what makes you cool in high school? Is it one friend who tells 1000 people that you're cool, or is it 1000 different people saying that you're cool. We know what drives popularity, and its multiple sources. I really see that as being one of the the big ways that the LinkedIn Audience Network helps our campaigns. Peter Turner We help LinkedIn marketers be cool. I like that. AJ Wilcox Yeah, exactly. So speaking of cool, what are some of the ways that marketers are using the LinkedIn Audience Network? If you want to share any like cool case studies or what people are doing? That has been really exciting? Lipika Gimmler Yeah, absolutely. So we've actually seen some remarkable case studies of customers leveraging LinkedIn Audience Network for very various use cases such as brand awareness being one that comes top of mind. So an example is a leading technology company that works with LinkedIn primarily because of our zero party and our first party data. So just double clicking into what those terms mean specifically. So zero party data is anything that our members willingly provide us via their LinkedIn profile information. So this is publicly available information that they have on their LinkedIn profile and updated continuously. Whereas first party data is what we can then derive from user behavior on the platform. So an example of this would be engagement data. So this customer in question that leveraged LinkedIn Audience Network for brand awareness, actually leveraged it for a very specific use case, which was Account Based Marketing. So they leveraged our audience network to really reach hard to find strategic members of the buying committee, and were ultimately able to see a 58% decline in CPM or cost per 1000 impressions, and saw 151% increase in their ability to reach CXOs, which was a core audience segment that they were looking to target. Similarly, we've also seen advertisers leverage the LinkedIn Audience Network for consideration campaigns. So here, an example that comes to mind is a client who leveraged the LinkedIn Audience Network to lower cost per clicks by about 65%. And saw an uptick in click through rates by about 90%. And we have another client who saw 2.2 times higher video view through rate, and 2.5 times higher video completion rate and 64%, lower cost per view. So as you can tell from a lot of these examples, the LinkedIn Audience Network is really great for full funnel objectives. So well, brand awareness is sort of an obvious use case for advertisers to use our audience network for we've also seen a lot of our clients use it for consideration and bottom of funnel campaigns as well. Lipika Gimmler We also as a team recently figured out that the LinkedIn Audience Network, if you're using the single image ad placement, you can build your single image ad retargeting audience very quickly. So those are some of the great things I hear you loud and clear for the results that you've seen across these other clients. Peter, what about you? Peter Turner Yeah, you know, it's not just for branding. As Lipika talked about, AJ, we've all seen customers leveraging LinkedIn Audience Network for bottom funnel objectives as well. I didn't get to work with our customers as much. But these examples are so impressive, this one sticks out to me. There was a client who's a leading provider of business cloud communications, who use the audience can work as a way to help their team connect the brand initiatives to business outcomes and saw 65% Lower CPMs while driving 93 times more conversions from CTOs the audience that mattered most to them. And another interesting use case we've seen recently is one in APAC, where an agency client enabled LinkedIn Audience Network for their branding campaign and then built a retargeting campaign afterwards, to retarget audience reach via LinkedIn on instant work enabled campaigns via Legion forms. And they saw a 2x increase in Legion form converts as a result. It's kind of like that example you were talking about AJ building that retargeting audience from a LinkedIn Audience Network campaign. AJ Wilcox We were so excited when we found out that the audience network could build your retargeting audience. I mean, anytime we're going after an audience on LinkedIn, you have to have a minimum of 300 people. It can take a while to build a retargeting audience and 300 people, but it built very quickly on the audience. So I think that's way cool. Here's a quick sponsor break and then we'll dive into the rest of the interview. The LinkedIn Ads Show is proudly brought to you by B2Linked.com, the LinkedIn Ads experts. AJ Wilcox If you're a B2B company and care about getting more sales opportunities with your ideal prospects, then chances are LinkedIn Ads are for you. But the platform isn't easy to use, and can be painfully expensive on the front end. At B2Linked, we've cracked the code to maximizing ROI, while minimizing costs. Our methodology includes building and executing LinkedIn Ads strategies customized to your unique needs and tailored to the way that B2B consumers buy today. Over the last 11 years, we've worked with some of the largest LinkedIn Ad spenders in the world, we've spent over $150 million on the platform, and we're official LinkedIn partners. If you want to generate more sales opportunities with your ideal prospects, book a discovery call today at B2Linked.com/apply. We'd absolutely love the opportunity to get to work with you. Alright, let's go ahead and jump back into the interview. AJ Wilcox So what some of the work that goes behind the scenes and ensuring that LinkedIn's Audience Network is brand safe, and that advertisers have the controls that they need. Peter Turner AJ, this is one of my favorite questions and one that you know, we spend a lot of time at LinkedIn, a lot of work goes on behind the scenes. So at its core, we want to make sure that marketers feel really confident running off LinkedIn just as much as they do on LinkedIn. And we continuously work to uphold LinkedIn brand safety standards, across both the feed and the Audience Network. There's both manual and automated brand safety checks that we perform as a team. And we partner with industry leaders, such as iOS, DoubleVerify and Pixelate to filter out low quality inventory across the network. And we also have an in house team that manually invests and audits publishers regularly, to make sure that we're prioritizing publishers based on performance and audience engagement to maintain the quality of a network. This is core to what we deliver for our marketers, and really important for my team to get right. Lipika Gimmler Yeah, and in addition to all of the fantastic under the hood protections that Peter mentioned that essentially come out of the box with a LinkedIn Audience Network, something that we're really, really excited to announce, the launch of this quarter is a brand new brand safety hub, where an advertiser can actually design their own brand safety guardrails to reach their desired professional audiences across third party apps and sites, while still remaining aligned with their brand safety needs. So with this new brand safety hub that we've launched, what people can essentially do is number one, they can download and review the entire list of publishers that make up the LinkedIn Audience Network. So as to, you know, take a look at them and ensure there's transparency into what makes up our audience network. In addition to this, they can also create an upload, custom allow lists and custom block lists to be very specific in identifying the publishers that they want their brand messages to appear on. And finally, we also have introduced a new feature where advertisers can now import and apply their own DoubleVerify powered authentic brand suitability and custom contextual targeting profiles to the LinkedIn Audience Network campaigns. So this is a brand new partnership that we've forged with an industry leader like DoubleVerify. So it's a pretty fantastic new feature that can be leveraged by advertisers who use DV in their campaigns. So in addition to all of these new features, we also have category blocking, which essentially leverages tech lab content taxonomy categories, at the campaign level. So a ton of customization, a ton of manual controls that our advertisers can apply in setting up their brand safety guardrails is what they can look forward to, in addition to the automated checks that are already in place within the product. AJ Wilcox Lipika, I have to say, I'm a huge fan of the new brand safety hub. Some of the initial exploration that we did, as soon as we found out that we could upload our own targeting and block lists, we thought, well, hey, what if we started showing ads just to apps, maybe for something like a mobile app? Or what if we blocked apps and just showed to publishers, and we wouldn't have had that level of control without the brand safety hub. So props to you guys for releasing that. That was a really cool release. Lipika Gimmler Yeah, absolutely. It was something that was a top asked by a lot of our customers. And we're really, really excited to be able to bring them to life and encourage anybody and everybody who is sort of on the edge of wanting to test out the LinkedIn Audience Network to kind of give it a go and see how it works out for them from a brand safety perspective, specifically, and obviously, feedback is always welcome. AJ Wilcox So Lipika, I know this is kind of your wheelhouse. I'm curious to ask about what the future of the LinkedIn Audience Network looks like. Lipika Gimmler Yeah, absolutely. So the future for the LinkedIn Audience Network is absolutely bright. And our teams are consistently working to introduce new ad formats and ad placements that are exclusive to the LinkedIn Audience Network. As I mentioned, prior LinkedIn Audience Network is considered to be a core part of our advertising solution. So there's a lot of investment from an r&d perspective, and a lot of investment in terms of really soliciting what our customers are looking for, in terms of what's going to bring them value. So we really are looking to further fortify LinkedIn as a whole as the B2B marketing partner of choice for brands and agencies and the LinkedIn Audience Network is a key component to how we're going to get there. So we're really excited to what's in development. But at this point, there's a lot of under the hood work that's being done. But we're happy to share more about it in the coming months, hopefully, on a future episode that we might be able to guest on again with yourself, AJ, AJ Wilcox Perfect. Well, we'd sure love to have you back for any new developments. That'd be fantastic. Always. So excited to see how fast LinkedIn is moving at coming out with new features, and especially around the LinkedIn Audience Network, I've noticed, I'll be inside of campaign manager and just see something new and go, wow, I didn't even know they were working on that, especially like the brand safety hub, those awesome. We had an episode several back about the cookieapocalypse that's happening. I'm curious how the cookieapocalypse is affecting the LinkedIn Audience Network, especially after chrome stops respecting third party cookies. What can we expect? Lipika Gimmler Yeah, that's really great and a very timely question, because it's definitely top of mind for a lot of folks in our industry. And this is one that our team has really been focused on for the past few quarters to address and to find meaningful solutions for. Ultimately, it boils down to the fact that the LinkedIn Audience Network, again, is truly an extension of LinkedIn, with the anchoring feature being LinkedIn's zero and first party data, our targeting data, that is really second to none when it comes to professional audience targeting. So along with these deterministic data assets, we rely on our proprietary privacy enhancing group identity solution, which essentially leverages LinkedIn first party data to group members based on shared professional attributes. So examples of this could be title or seniority. And this essentially enables us to reach professionals at scale through our first party data and not individual trackers. So we've truly think that B2B can be better served by using group level, and other privacy enhancing solutions that are rooted in this proprietary first party professional data. And with our audience network, advertisers can harness the power of LinkedIn's targeting to really accelerate their marketing outcomes across a network of vetted publishers where their audience is engaging the most. And they're able to do so while enhancing member privacy in an evolving identity landscape. So the investments we're making across LinkedIn within this particular space is definitely being bolstered within the LinkedIn Audience Network as well. AJ Wilcox Perfect. So it doesn't sound like we should be afraid of cookieapocalypse happening, it's not going to shut the LinkedIn Audience Network down. Lipika Gimmler Not at all it is in fact being thought of at the forefront of all of this innovation. So you know, we'd recommend we encourage our advertisers to leverage the Audience Network to really reach their audiences at scale, because it's not something we're necessarily afraid of at this point, but we're actually thriving in the current environment. AJ Wilcox Beautiful to hear. So as we are turning on LinkedIn Audience Network campaigns, and we've been testing them quite a bit, we've noticed that when you turn something on, it's going to react in the auction slightly differently. So I love to ask, like, how does the LinkedIn Audience Network interact within the auction for LinkedIn traffic? How might you scope the right balance of ensuring that you have as much traffic going towards on network as LinkedIn Audience Network? Peter Turner So at LinkedIn, we work to maximize marketing outcomes for all of our customers across all the available placements we have. It's really based on what they're trying to achieve a scale. So our platform algorithms work to show brand messages across both feed and LinkedIn Audience Network that match an average professional target audience first, and then based on the campaigns objective second, and, and at the same time, while considering their budget in bid type. And again, the priority is to drive you know maximum key results, as per their objectives at the lowest cost. And this ultimately decides how impressions are split across the LinkedIn Audience Network and our feed, as our ad platform behaves in a placement agnostic matter, and considers all available placements at par with each other. This also helps ensure that advertising on LinkedIn is seamless and data driven, while being anchored in our robust and proprietary professional audience graph for member interactions with LinkedIn. One suggestion for advertisers, as I'm thinking about the problem presented, you know, prefer testing and monitoring a campaign or forums across, you know, the LinkedIn Audience Network and their feed distinctly would be to run parallel AB campaigns, one with LinkedIn audience network enabled and one without while mimicking the exact same campaign parameters. This way we can assume that 90% of LinkedIn Audience Network enabled campaigns will deliver on LinkedIn Audience Network, while the other would be pure feed campaigns, and better the chance of reaching professionals across both the feed and LinkedIn Audience Network semi-equally. AJ Wilcox And that's exactly what I'd recommend to because you can't run just a LinkedIn Audience Network campaign. So duplicating both campaigns having one set to do the LinkedIn Audience Network, the other set to be LinkedIn only. That's a great way of AB testing the campaigns, so I'm a fan of that approach. All right, so final question for both of you. What are you both professionally and personally most excited for right now or this year. Lipika Gimmler Yeah, I'm personally really excited to see more B2B marketers leveraging the LinkedIn Audience Network and finding interesting use cases for it in their marketing campaigns. A ton of times we connect, when we connect with our advertisers, we find use cases that we hadn't even thought about in the first place. So it's really, really engaging for us to connect with our clients and learn about how they're utilizing the audience network within their toolkit. And there are so many learnings that are to be had by experimenting with the LinkedIn Audience Network and unlocking test budgets for it. So I'd really encourage all of the marketers who are tuning into this episode to connect with your LinkedIn account team, and explore ways by which you can expand the possibilities of what can be accomplished by tapping into, you know, LinkedIn and the LinkedIn Audience Network to achieve your B2B marketing dreams and ambitions. AJ Wilcox Love that. And, Peter, same question to you. Peter Turner This is a fun one for me. So I've got two young boys at home, one and three. And so I'm getting a ton of energy and excitement, watching them learn and grow. And as much as I think about my work at LinkedIn, and specifically on the Audience Network, I spent a lot of time reading about parenting, and how to raise kind kids, and connect it back. That multi dimensional sense of who we all are, is really the key to LinkedIn Audience Network, I spend a lot of time on LinkedIn, but I also spend time elsewhere. And the value that the audience member creates is for marketers to reach me in multiple ways. And I'm very excited about that. AJ Wilcox I'm excited to hear congratulations on being an amazing parent who cares, and is trying to raise kind of children. That's awesome. This kind of concludes the questions I had, do either of you have anything else that you want to add? Lipika Gimmler At this point? Not really, I think this was a fantastic opportunity to really connect with your audience and to chat with you, AJ about, you know, what the foundational concepts are that the LinkedIn Audience Network was founded upon, and just all of the excitement that we have for what's to come. So we're really grateful for the opportunity and the time here, and we hope to come back and share more about, you know, the product roadmap, and maybe talk with customers and learn more about some of the use cases that are using the audience network for so again, appreciate the chance to chat today. Peter Turner And AJ, from mindset, you know, like the open to it, we've known each other for six or so years now working across, you know, various solutions at LinkedIn. And it's great to be on the podcast, and thank you for all you do to champion you know, and and support that LinkedIn marketer. It's not unusual for me to have a question about how to run a LinkedIn ad campaign and think to ask you first, and so I really think of you as an expert on what you do. And so thank you for the time today. AJ Wilcox Well, thank you, Peter. Thank you Lipika! Grateful that you would come and share so deeply with us and answer all my terrible questions. So much appreciate it! And have a great rest of your day. Lipika Gimmler Thank you. Thank you. AJ Wilcox I've got the episode resources for you coming right up. So stick around. Thank you for listening to the LinkedIn Ads show. Hungry for more? AJ Wilcox, take it away. AJ Wilcox Alright! I hope you enjoyed the interview. I wanted to walk you through some great resources we've got for you. If you're looking to learn more about LinkedIn Ads, look no further than the course that I did on LinkedIn Learning all about LinkedIn Ads. You'll find the link in the show notes below. It is by far the most detailed, the least expensive, and the highest production value course out there, so check it out. If this is the first episode you've heard, congratulations, we're excited that you found us. Make sure to hit that subscribe button on whatever podcast player you're listening to. We'd love to have you back next week. But if this is not your first time listening, I would ask you please do leave us a review. Most of these reviews are done in the Apple podcasts section, but if you have anywhere else that will let you leave a review, please do. It truly means a lot to me. With any questions, suggestions, or corrections, reach out to us at Podcast@B2Linked.com. And with that being said, we'll see you back here next week. We're cheering you on in your LinkedIn Ads initiatives.

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Invading Passions, Peoples, Places, and Professions with Guy Caskey

Play Episode Listen Later Jan 24, 2023 56:26

For more than 20 years, Guy Caskey has been instrumental in catalyzing movement in Houston and around the World. In this episode, he unpacks the systems that have been effective at multiplying disciples and networks across the Houston area that have invaded passions, peoples, places, and professions to ignite new movements of the gospel. Show Notes and Resources

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Episode 2.19: Where Joel and Misty are highly complimentary and complete their conversation with Peter Liljedahl

Secrets To Scaling Online

Play Episode Listen Later Jan 24, 2023 27:56

You are all such amazing listeners! Smart and clever!Yes... it's National Compliment Day on the More Math for More People Podcast. Thank you for being so attentive!It's also part 3 of Joel and Misty's conversation with Peter Liljedahl. Check out Episodes 2.17 and 2.18 if you missed the first parts!Have a wonderful day, you're very deserving of it!The More Math for More People Podcast is produced by CPM Educational Program. Learn more at CPM.orgTwitter: @cpmmathFacebook: CPMEducationalProgramEmail: cpmpodcast@cpm.org

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The Process Part Deux - Judging Others

Caleb Perkins Ministries

Play Episode Listen Later Jan 20, 2023 26:43

What is the motive behind in the judging? Hurt people hurt people! Co-hosts: Josh Perkins and Trenton Gill Scripture: Matt. 7:1-5 Learn more about CPM at calebperkinsministries.com

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Ep 425: Is Whitelisting the Biggest Opportunity of 2023? With Jordan West

Play Episode Listen Later Jan 19, 2023 8:55

A new type of whitelisting is showing incredible results, but can it help you make 2023 your best year ever?In this episode, Jordan West talks about a new kind of whitelisting that they tested at upGrowth Commerce and the insane results that it produced. Listen and learn in this episode!Key takeaways from this episode:Whitelisting is where an influencer grants you to use their profile to run ads with. This can be incredibly powerful.The idea of this new kind of whitelisting is to use these profiles not just to run regular ads but to run an ad through an article on a third-party website.Some of the scalable results seen on upGrowth Commerce with this kind of Whitelisting are: 69 purchases at $9.84 per purchase.A CPM of $8.77Cost Per Click at $0.56ROAS of 14.43Get the latest strategies, tips, and case studies sent to you weekly by signing up for the free Secrets to Scaling Newsletter. Also, get first access to our Founder-Only Slack channel, our CMO Dashboard to plan out your marketing efforts and so. much. more.Join the Beta:https://www.secrets.upgrowthcommerce.com/This month's sponsor is twik: your personal shopper prediction expert.As the world's only one-click autonomous personalization engine, twik reorganizes product collections and navigation for each user. No Code, No setup & No maintenance is required.Visit twik.io to learn how you too can boost conversion rates & store revenue. Promo Code: 'UPGROWTH'After adding the app, go to Twik's 'Settings' tab and 'UPGROWTH' as a coupon. This will extend your trial period with 30 more days of unlimited usage. This offer is only available to the first 500 listeners redeeming the coupon.We love our podcast community and listeners so much that we have decided to offer a free eCommerce Growth Plan for your brand! To learn more and how we can help, click here: upgrowthcommerce.com/grow Join our community and connect with other eCommerce brand owners and marketers! https://www.facebook.com/groups/secretstoscalingpodcast

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Ep298: Leverage Sponsorship Strategy to Build Stable Profits

The Podcast On Podcasting

Play Episode Listen Later Jan 19, 2023 20:59

Learn the advantages of using sponsors as marketing partners in this follow-up episode as we determine the most effective strategy to secure your first sponsorship. Immerse yourself in making a difference while generating revenue from your podcast! WHAT TO LISTEN FOR A recommended tactic for podcast sponsorships Drawbacks of the CPM model The main difference between having sponsors and advertisers How to strategically pitch a deal to a potential sponsor Opportunities in partnering up with a good sponsor CONNECT WITH US If you are interested in getting on our show, email us at team@growyourshow.com. Thinking about creating and growing your own podcast but not sure where to start? Click here and Schedule a call with Adam A. Adams! Upgrading your podcast equipment or maybe getting your first microphone? Get Your Free Equipment Guide! We also have free courses for you on everything you need to know about starting a great podcast! Check out our first six episodes through the links below! Identify Your Avatar - Free Course 1/6 What To Do BEFORE You Launch Your Podcast - Free Course 2/6 How To Launch A TOP Show - Free Course 3/6 Best Marketing And Growth Strategies - Free Course 4/6 How To Monetize Your Podcast - Free Course 5/6 Top 22 Pitfalls On Starting Your Own Podcast - Free Course 6/6 If you want to make money from your podcasts, check out this FREE resource we made. Our clients use a sponsor sheet, and now they are making between $2,000 to $5,000 from sponsorship! Subscribe so you don't miss out on great content and if you love the show, leave an honest rating and review here!

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The Trust Pickle

Why Are We Shouting? with Jill Salzman

Play Episode Listen Later Jan 18, 2023 8:15

What's in this episode:Remember that time when an advertiser asked you what your newsletter's CPC or RPM or CPM was? Did they ever ask how your audience felt upon seeing their ad?It's time to set things straight about the ways in which we interact with the people that might pay us. The next time you talk to a sponsor that's looking for exposure to your audience and they're focused on calculating clicks, may this episode serve as your reminder to remind them that people are not stats, no matter how much the world's tried to convince us all that we are.Folks + Things mentioned in this episode:* that ad guy, Jeff* The newsletter I reference – subscribe here* The Founding Moms Got Q's? Jill's Got A's.* Wanna get your Q's A'd in a future episode?* Perhaps you wanna sponsor an episode? (Hint, hint…)Talk to me! Text or call (708) 872-7878 so that we can make your dreams come true.Got thoughts, comments, or questions about the episode you just heard? Leave a comment below.See you soon,jill This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit jillsalzman.substack.com

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How to Spot a Lone Wolf (And Not Become One)

conversations platform cpm expert series

Play Episode Listen Later Jan 17, 2023 24:01

Without community we can either go off the deep end and become a lone wolf or lack the affirmation needed to keep us on track with Jesus. In this episode, Dave and Mark unpack the role of community in course correcting the errors in our thinking and spotting the lone wolves in our midst.

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Secrets of BIG Money Sponsorship

The Podcasters Podcast

Play Episode Listen Later Jan 17, 2023 14:55

What are the secrets of big money sponsorship? Kane and Ash talk about the key things you need to know when speaking to a sponsor as well as what you can do to KEY TAKEAWAYS The sponsors you speak to need to value your audience. Think about what sponsor would have a product or service that would serve your audience the best? If you find a sponsor whose audience matches yours, the sponsor will value them and your audience will also value the ads you put out. You are providing value for both. If you find success with one sponsor, look for related searches to find more sponsors. To reach out to sponsors, you can approach them directly on their websites, LinkedIn or even find their head of marketing or sponsorships if they are a large company. It's a mistake for you to negotiate a CPM deal for your first or early sponsorship, you'll make much more money if you negotiate a fixed-term cost and use a baked-in ad so the sponsor gets a bigger ROI. You can repurpose your podcast content on other platforms (e.g TikTok, YouTube) and negotiate more money as your impressions are higher. It's worth having less from a sponsor and instead building a long-term relationship with them. BEST MOMENTS “If they get the best return on investment, they will pay you more and they will pay you again” “The trap most podcasters fall in is they are negotiating sponsorship deals on a CPM” “Try and build long-term relationships with a sponsor even if it means taking less” VALUABLE RESOURCES 4 Steps to the Perfect Podcast Launch Just Launch Already! How to Get YOUR Podcast Launched Free Podcast Workshop bit.ly/podcast-support ABOUT THE HOSTS Kane Baron, Ashley Morris & Thom Luter manage over 150 live podcasts Including Rob Moore, Kevin Clifton, Shaa Wasmand MBE & more. Helping Entrepreneurs Launch, Scale & Monetise their podcast for over 6 years. CONTACT METHOD WebsiteLinkedIn Email: podcast@progressiveproperty.co.ukhow to start a podcast, podcasting, hosting, downloads, monetisation, content creation, repurposing, video, youtube, tiktok, instagram, social media marketing, growth, consumption,: https://progressivemedia.uk/See omnystudio.com/listener for privacy information.

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Expert Series: A Conversation with Tom Shea

The OneStream Podcast

Play Episode Listen Later Jan 16, 2023 34:50

The OneStream Podcast kicks off Season 2 with a very special guest. OneStream CEO Tom Shea joins Peter Fugere to talk about how a simple concept from years ago has grown to a powerful solution that is changing the entire corporate performance management (CPM) market today!

Should You Run Your LinkedIn Ads Over the Holidays? - Ep 83

Sounds Profitable: Adtech Applied

Play Episode Listen Later Jan 13, 2023 24:13

Show Resources Here were the resources we covered in the episode: Covid19's Effect on LinkedIn Ads Bidding and Budgeting NEW LinkedIn Learning course about LinkedIn Ads by AJ Wilcox Youtube Channel Contact us at Podcast@B2Linked.com with ideas for what you'd like AJ to cover. A great no-cost way to support us: Rate/Review! Follower Ads (Red call-out boxes) Follower Ads impressions were decimated on both Thanksgiving and Christmas. Since these are only served on Desktop, it shows how few people were on LinkedIn on their desktops. The other ad formats didn't see such large decreases, telling us that members largely switched over to mobile during the holidays. Follower Ads costs skyrocketed on holidays. An indication of what happens to prices when to the audience vacates the platform while advertisers are still bidding. Single Image Sponsored Content (Purple call-out boxes) Single Image Sponsored Content impressions were above average the day before Thanksgiving but dropped to 80% and 68% during and after. Signals many people taking time off work and not spending as much time on LinkedIn. The day before and day of Christmas was interesting to see an increase in impressions, although these were weekend days which are traditionally lower anyway and wouldn't be hard to beat. The day after New Years (January 2 nd ) saw 17% higher-than-average usage, which is what we expect to see. Costs around Thanksgiving skyrocketed to 35%, 52%, and 69% above average, making for very expensive traffic. Around Christmas, costs were elevated 3-16%, which is up, but not egregious. New Years costs were really surprising though. They actually dropped from 1-33% of average, which is what we usually see after the New Year, but to see the diminished costs during the holiday was interesting. We would guess this is due to advertisers pulling back; although I don't understand why advertisers would pull back en masse for New Years but not at Christmas just a week before, unless it had something to do with running out of budgets by the end of the month and needing to pull back. Video Ads (Blue call-out boxes) The day before Thanksgiving was pretty much business as usual, but we definitely saw fewer impressions the day of and the day after Thanksgiving. Christmas Eve was up 6% but the day of and the day after were down to 81% and 54% of average. New Years Eve had lower impressions which we'd expect given the holiday, but similar to Sponsored Content (since they share the same inventory) were up 11% and 7% respectively. Thanksgiving CPMs were elevated 3-31%, but Christmas did not follow suit, strangely. Christmas CPMs actually dropped 11-32%, which I don't have an explanation for. New Years CPMs also dropped significantly, but we expect that for the same reasons we see decreased costs around New Years every year. But a drop between 50%-71% is huge! After New Years Analysis Unsurprisingly, impressions and clicks increased after the New Year (1/3-1/5) since we're back to work and all rested up from time off for the holidays. What is surprising is that costs on Follower Ads were still elevated by 11% even after the holidays. Show Transcript What happens to your LinkedIn Ads on holidays and vacation? Well, it's a total pain to calculate. So I went ahead and did it. I can do hard things. We're talking a holiday ad performance on this week's episode of the LinkedIn Ads Show. Welcome to the LinkedIn Ads Show. Here's your host, AJ Wilcox. Hey there, LinkedIn Ads fanatics, I'm sure you've wondered if you should pause your ads on holidays, or just let them ride? Well, I'm a total data junkie so I took it upon myself to crunch the data and find out and it gets juicy. We're gonna walk through it and analysis that I did over a lot of data to tell you conclusively whether or not you should be advertising on LinkedIn over holidays. And make sure to stick around until the end for an extra bonus analysis that I did about ad performance after the new year. All right, let's hit it. If you've been listening for a while, you may remember Episode 32, where I did a whole analysis of what happened to LinkedIn Ads availability, and pricing during the COVID 19 pandemic. And I really enjoyed doing that study. It was a ton of data crunching, but a lot of fun. Well, and we get asked all the time by clients whether or not we should be pausing over the holidays, especially in November and December here in the US, where we have Thanksgiving and Christmas, followed closely by New Years. In the past, we've oftentimes given the advice to pause entirely over those holidays. And there are a lot of reasons why. The first is that it's towards the end of a quarter and a month so these larger companies are bidding more aggressively to try to finish strong. And this is going to lead to increased competition, which means you're going to pay more at these times. It also happens to be the end of a year. So budgets that are use it or lose it, they have to be spent. So advertisers are again bidding up and this is leading to increased competition and costs. And meanwhile, people are traveling and taking more time off due to the holidays. This leads to less time spent on LinkedIn, which means fewer impressions to go around. And so more advertisers fighting over those. It's really important to understand that what you pay on LinkedIn, it's all an auction. And the auction is driven by supply and demand. The supply is the people on LinkedIn that are logged in and ready to receive ad impressions. The demand is our demand as marketers trying to get in front of them. And we're bidding in order to do so. So what we pay right now is this interplay of people being on LinkedIn, and US advertisers trying to get in front of them. So when the supply of LinkedIn visitors decreases, all else held equal, our costs are gonna go up. But in this case, where your visitors decrease, and competition increases, it means your overall advertiser costs are going to skyrocket, which is obviously not great if you're trying to be efficient with your advertising. If you're using manual bidding during these times, you kind of have a hedge, or a bit of insurance when costs are going up. Because when costs rise, you're naturally just going to lose more auctions. And so when those costs get over your bids, you just naturally leave the auction. And then of course, when costs come back down, you'll be back to receiving traffic the way that you were. If you're using LinkedIn's maximum delivery of bidding, though, you're just going to ride that wave of high costs all the way up, and then back down, and you'll be subjected to whatever is happening on the platform. Costs can spike with no warning whatsoever. And those high costs are especially a problem since the platform doesn't allow you to do any sort of timing of your ads. So if you want to pause your campaigns or pause certain ads, it has to be done manually. Or in our case, we ended up building an internal de partying and ad scheduling tool. So that that wouldn't be a downside for us. But we realize most people aren't going to have something like that at their disposal. And we've talked a lot about costs increasing, which is totally a huge factor in whether you should be advertising over the holidays. But there's something else to keep in mind. It's lead quality, we found something that is the same every single year. And that is any demo or call scheduled, 95% of time it's going to get pushed back to after the new year. Just think about it. How many calls have you said, hey, let's push this into the new year. Well, now you've pushed a meeting forward potentially several weeks. So by the time you actually go to do that meeting, you've most likely forgotten entirely who this person was and why you wanted to talk to them. So over the holidays, if you're paying more for those leads, just to leave them cooling over the holidays. Obviously, it's not a great combination. And this is what we've seen in past years. But my question was, does it still hold up today? I always like to test my assumptions and see what platform changes have happened. I was actually spurred on to do this because I had six different LinkedIn reps, all pushing really hard, saying that we should be advertising over the holidays. Some even went as far to say that costs drop over the holidays. This wasn't the case from what I've experienced in the past so I really want to do this analysis. And I'm ashamed to say that this analysis took 31 hours of my life, I started and it was pretty straightforward. And then I kept coming across cool data points that I wanted to study and dive deeper into, I had to restart three times. And I'm certain that if I were really really insanely good at Excel, this probably wouldn't have taken this long. But let's jump into the methodology. I had some requirements. First of all, we needed these accounts to be decent spending. But they also had to be spending similarly. So we hand picked accounts that were spending between about $15,000 to $20,000 a month. They also had to be really similar in brand strength so we picked very well known companies in their space. And all of these accounts happened to be in the Fortune 1,000. We also wanted to make sure that the ads were similar in focus, and they were using similar ad types. We didn't want to combine one account that was running text ads, and another one running sponsored messaging, and then another one running sponsored content. We pretty much scored the jackpot, because we had five accounts that match this criteria. They were good spenders, but they were also similar. They were all Fortune 1000. So they're gonna be really well known across the board. They were all running the same ad formats, we really couldn't pass this opportunity on. As we dove in, though, we realized that there were several variables that had to be controlled for. The first was whether or not this was a weekend or a weekday. For example, Christmas Eve, Christmas, New Year's Eve, and New Year's Day, we're all on weekends this year. We didn't want to compare a holiday to a normal weekday, or even a combined average of weekdays and weekends, since weekends and weekdays both act very differently on LinkedIn. Plus, the days after each of these holidays were a weekday. It was Monday. And of course, we needed to be able to tease out the difference between a holiday Monday and a normal Monday. Thanksgiving was really kind to us, it made sure that the holiday itself as well as the days before and after were all weekdays, which made it much easier to analyze. Oh boy, I wish I could have just thrown out weekends and weekdays differences, it would have saved me a lot of time. The next variable we had to control for was ad type. If you were to calculate the click through rate across multiple ad formats, let's say for instance, sponsored content and text ads, the average would be absolutely meaningless. You can't average sponsored content and text ads together. Sponsored content has like a .44% average click through rate, while text ads have a .025%. So text ads have a click through rate that's like 1/12 of the average sponsored content. Plus text ads show way more impressions because there's not much of a frequency cap. And so if you're showing both of those ad formats to the same size of audience, your text ads are going to show a lot more impressions. And that would totally sway your click through rate to a much lower number that really wouldn't make sense. So all this to say that in this analysis, I had to break out the different ad formats so that cost per click and cost per impression would actually be meaningful. For metrics to track I knew costs, were going to be the one that was my main concern. And I started out by using cost per click. And then I realized occasionally there were days with no clicks, and then I'd have a zero in a denominator. And nobody likes seeing error divided by zero in their Excel. So I ended up adding in CPM as well. And it was nice to show them alongside. And then CPM never has a problem with a zero and a denominator. And the final variable to control for was account changes. These had to be accounts that couldn't make any major changes to adds to bidding and budgets. And in cases in these accounts where there was a major change, we just threw out any day where those changes were made. The result of all of this was over 121,000 rows of data to be crunched, and a 60 megabyte Excel file. So the sample sizes were pretty robust, and the findings were strong as well. Okay, we're gonna jump to a quick sponsor break and then we'll get to dive into the actual results of the analysis. The LinkedIn Ads Show is proudly brought to you by B2Linked.com, the LinkedIn Ads experts. 9:38 If you're a B2B company and care about getting more sales opportunities with your ideal prospects, then chances are LinkedIn Ads are for you. But the platform isn't easy to use and can be painfully expensive on the front end. At B2Linked, we've cracked the code to maximizing ROI while minimizing costs. Our methodology includes building and executing LinkedIn Ads strategies, customized to your unique needs, and tailored to the way that B2B consumers buy today. Over the last 11 years, we've worked with some of LinkedIn's largest advertisers in the world, we've spent over $150 million on the platform, and we're official LinkedIn partners. If you want to generate more sales opportunities with your ideal prospects, book a discovery call at B2Linked.com/apply. We'd absolutely love the opportunity to get to work with you. 10:31 All right, let's jump into the results of the holiday analysis. And don't forget to stick around until the end for that bonus analysis that I know you'll love. If you go to the show notes page, you'll see a paste of all of the data that I'm going to be talking about. So I'm just going to describe to you what it is that you're seeing. The first column is the holiday that we're talking about. So you'll see Thanksgiving, Christmas and New Year's There, you'll also see a column for ad type. Underneath ad type, you'll see the acronyms FA, which is a follower ad, which is one of the dynamic ad formats. You'll see SC, which is short for sponsored content. And it's specifically single image sponsored content. Because we also have VI for video ads, which is also technically sponsored content, it uses the same inventory. Then you'll see a column called Day. And what that is, is we tracked the day before the holiday, the day of the holiday and the day after. So we could paint the whole story of what's happening as the week progresses on holiday week. Then you'll see all the data, the data are all percentages have an average day of its kind. So if you see the column of impressions, we're showing you how many impressions Christmas Day got, as opposed to a normal Sunday. Because these are a percentage of benchmark, if you see anything that's under 100%, it indicates that there were less of that that day than there are on a normal benchmark day. So impressions, for instance, if you say less than 100%, on impressions, that indicates that there were fewer impressions served that day than average. Clicks is the same way. If you see less than 100% clicks, that means that there were fewer clicks that happened. But I think what's even more interesting is that when you see the clicks percentage is higher than the impressions percentage, that tells us that people were more active that day at clicking. Our CTRs went up that day, which is pretty cool. You'll see a column for spend and this is just the ability to tell our campaigns on average, able to spend more or less or about the same. It's the spend ability of campaigns on that day. The next column is CPC or cost per click. And again, seeing less than 100% indicates that campaigns have lower average costs per click than average. If it's over 100%. That means average costs per click were higher than average. Makes sense, right? You will see some blanks under the cost per click heading. And that's because there were some days where follower ads didn't get any clicks and so rather than having a really ugly divide by zero error, I just deleted them out. But the next column is for CPM or cost per 1000 impressions. This is likely a better way of gauging costs than CPC, just because this was how we were getting charged regardless of if people were clicking or not. And again, less than 100% indicates that campaigns were spending less than average, over 100% means that we're getting gouged a little bit. Alright, let's start specifically with follower ads, because they were really interesting. In the graphic, these are the red call out boxes. So anytime that you see a red box around data that was dealing with follower ads. What was interesting is that follower ads impressions were decimated on both Thanksgiving and Christmas. Literally impressions were around 10%. But since these are only served on desktop, that shows us how few people were actually on LinkedIn on their desktop machines. Since the other ad formats show on mobile, and we didn't see such large decreases, that tells us that members largely switched over to mobile devices during those holidays. Then when we look at costs, follower ads costs skyrocketed across all holidays. And to me, this is a perfect example of supply versus demand. The supply of advertisers stayed constant because LinkedIn doesn't allow us to do ad scheduling and leave the auction. Meanwhile, the demand of advertisers stayed constant because LinkedIn doesn't allow us to pause our ads certain times and take ourselves out of the auction. And at the same time the supply of members on the platform because they weren't there on desktop devices they left and that causes costs to shoot through the roof. For example, on the Thanksgiving holiday costs tripled, on Christmas, they almost doubled and on New Year's Day about doubled. Okay, so that's follower ads a little bit interesting. 14:56 Now let's move on to single image sponsored content. These were the ones in the purple call out boxes. So sponsored content impressions were above average the day before Thanksgiving, but then dropped to 80% and 68%. On the day during the holiday and after, this totally signals to me that people were working right up until the day before, and that during the holiday and after they went ahead and took time off, and weren't spending as much time on LinkedIn. The day before and the day of Christmas were really interesting to see an increase in impressions. And I didn't really have a great explanation as to why this was, although both of these were weekend days, which are traditionally lower anyway, and so it wouldn't be too hard to beat the average. The day after New Year's, this is January 2, we saw 17% higher than average usage, which is what we expect to see after the new year. And we'll tell you all about that data here soon. The costs around Thanksgiving skyrocketed to 35% to 69% above average, making it a really expensive holiday to be advertising. Around Christmas costs jumped 3% to 16%, which is certainly up, but it's not egregious. New Year's costs were really surprising though, they actually dropped one to 33% of average, which is what we usually see after the new year. But to see the diminished costs during the holiday was interesting, usually we see them after, we would guess that this is due to advertisers pulling back. Although I don't understand why advertisers would pull back on mass for New Years, but not Christmas that was just a week before. Unless, of course it had something to do with running out of budgets by the end of the month, and needing to pull back. Now let's analyze video ad. There were the blue call out boxes on the image that you see on the show notes page. If we look at the day before Thanksgiving, it was pretty much business as usual. But then we saw a huge dive in impressions on the day of and the day after Thanksgiving. The costs on Thanksgiving, though they jumped 3% to 31%. But strangely, Christmas didn't follow suit. Christmases CPMs actually dropped between 11% to 32%, which I don't really have an explanation for. New Year's Eve definitely had lower impressions, which we'd expect given the holiday. But similar to the other sponsored content that we've already talked about, since they do share the same inventory, the impressions were actually up 11% and 7%, respectively. And as you'd expect, New Year's CPMs dropped significantly, which we do expect usually, but it was a huge drop between 50% to 71% drops in price. 17:32 So my takeaways here are that generally costs go up over holidays. So I recommend pausing your ads over those times. And even in cases where costs will drop over the holidays like for Christmas and New Year's, I still recommend pausing your ads due to the lead quality drop. I would not suggest pausing your retargeting ads though. I think your retargeting ads are good to keep going. And remember how we talked about supply and demand, how it affects our pricing on LinkedIn. Let's talk about something that makes our pricing even worse. Rising costs are totally exacerbated by advertisers who are bidding by the impression rather than by the click. The reason this is the case is because when someone is bidding by click, they're only paying when someone actually takes action. And then the advertiser with the highest click through rates, ends up getting the best relevancy scores and that drives everyone to be better. If you're bidding by the impression though, it really doesn't matter how you're performing. Any advertiser willing to pay enough, LinkedIn is going to bypass the auction and start showing ads. LinkedIn has caused rising costs smartly on their part, but I think it's terrible, by making maximum delivery the default bidding method because it's the default, the less experienced advertisers just end up going with it. We talked about in episode six about when maximum delivery should be used. But it's effectively bidding by the impression but letting LinkedIn bid as high as they need to, to make sure that it can spend your entire budget every day. So if your daily budget is like $10 for a campaign, it may only need to bid like a $60 CPM to spend it all. But if your daily budget is high, let's say something like $1,000, and you have a relatively small audience, you might find that the platform has to bid $400 CPMs, in order to show your ads enough to spend your money. Just as a reminder, if your click through rates are two to three times the benchmark CTR for that ad format, then it's actually in your best interest to bid CPM as it saves you money. 90% of the time, though, you're not going to be beating your benchmarks by two to three times. And maximum delivery is the most expensive way to pay for your traffic. If you're bidding maximum delivery just because it's easier to spend your budget. You're just pushing yours and everyone else's costs up on the platform. And the only winner here is LinkedIn Corporate, who's watching their revenue climb quarter over quarter. So we as advertisers, what can we do about out this? I would encourage you don't bid max delivery unless you have really high CTRs. I would also encourage you to pause over holidays. And please don't bid really aggressively at the end of a year or a quarter or a month, if you don't have to. Because if we as advertisers stop pushing the costs up, then prices come down for all of us, then, who knows, maybe there are some advertisers out there who need to be bidding on holidays, and they end up getting lower costs to do so. Okay, I mentioned that if you're going to stick around to the end, I would share a bonus analysis with you. What we generally see is after the New Year, holiday performance tends to look really good on the platform. Costs come down, it becomes a lot easier to spend your full budget. So I wanted to do this analysis and to actually quantify this. First off, looking over three different ad formats, follower ads, single image sponsored content, and video ads, we average the 20% increase in impressions. And we saw clicks increased by 14%, which is pretty similar. It shows there's more people on LinkedIn spending time after the new year, and they're about as engaged as usual in clicking. When we look at costs, though, we see that follower ads have an 11% higher CPM, but cost per click is about the same. So that shows the difference made up of people actually clicking. Single image sponsored content, though, the costs actually dropped by 22% afterwards. And video costs actually dropped by 49% to the CPM, not bad. All of this goes to show that performance after the new year really is good. Takeaways from the New Year are advertise strong for the New Year. Traffic is up and costs are down and lead quality tends to be really high, too. Anecdotally, what we see is that now that people are back in the office, they're pretty rested from having a nice long break, they're a lot more likely to be agreeable towards having a meeting. There's not a whole lot of other stuff clouding up their schedule. Plus, they tend to have budgets again for the year which were depleted just the previous month. It's the beginning of a month and a quarter, so people don't feel like they have to bid super aggressively to try to finish things up strong. I absolutely love the first week of January every year. All right, I've got the episode resources for you coming right up, so stick around. Thank you for listening to the LinkedIn Ads Show. Hungry for more AJ Wilcox, take it away. 22:38 First off, the tables that I was reading off of, they're gonna be in the shownotes. So go visit the show notes page, if you want to see specifically what I was talking about there. Also, check out the link to Episode 32, all About COVID-19's effect on LinkedIn ads. Feel free to compare those and see this COVID-19 act more like a holiday or is it totally different. Check out Episode Six, all about bidding and budgeting to dive deeper into maximum delivery, and manual bidding and all of that. If you are one of your colleagues or looking to learn more about LinkedIn Ads, check out the link to the course that I made on LinkedInLearning.com, right within the show notes. It's by far the most detailed and lowest cost course out there and it's by LinkedIn Learning, so you know, the production is awesome. If this is the first time you're listening to us, make sure to hit that subscribe button, because you obviously care about LinkedIn Ads. If this is not the first time you're hearing this, though, can I ask a special favor? Can you go and rate and review this podcast in whatever podcast player you listen in? It would go a long way to say thanks for the 31 hours that I've sunk into this report. With any questions, suggestions, corrections, reach out to us at Podcast@B2Linked.com. And with that being said, we'll see you back here next week. Cheering you on in your LinkedIn Ads initiatives.

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YouTube Monetizes Shorts, Instagram Goes Back to Its Roots, NFL Sunday Ticket Has a New Home, and MrBeast Philanthropy.

Planet Upload

Play Episode Listen Later Jan 13, 2023 33:31

In this episode: Lauren's back! And January Josh is pushing Sahil Bloom's Annual Planning Guide.YouTube is monetizing shorts and it's starting February 1st! Get the details.Instagram is going back to its roots and they're swapping the shopping tab to what? And more importantly, why?Upload/Downloads – includes YouTube, The NFL, and MrBeast Philanthropy!Check out Jellysmack and GET IN TOUCH!We have a YouTube Page! Please subscribe and follow. (Thank you!) Catch a new episode every Friday on your favorite podcasting site. Please subscribe, like, and share! Visit our website www.creatorupload.com. We love hearing from you!

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Megaphone has Weekend of Outages & 8 Other Stories

I Hear Things

Play Episode Listen Later Jan 12, 2023 9:55

This week: Megaphone's weekend of outages, AdvertiseCast Publishes average CPM of 2022, Apple debuts Delegated Delivery, a software engineer teases adblock for iTunes, and The Podscape 2023 is live. Megaphone has Weekend of Outages Manuela: We start from a story from the holiday break. On Monday, December 19th, Podnews editor James Cridland reported on a weekend of outages for Megaphone. According to Megaphone documentation, the outage started sometime before 11am Eastern on Saturday the 17th for producers. From the website: “We are currently investigating an issue that is impacting content delivery. During this time end listeners most likely will not be able to download podcast episodes. We are working to fix this currently.” Within two hours the case was updated to reflect the playback issue. At 10am the following day a second outage started, this time as a “podcast playback” issue that ran for over 12 hours, leaving megaphone podcasts effectively offline until 11:56pm Eastern. One of the larger major hosting platform outages of the year. This incident marked the sixth time in 2022 Megaphone was temporarily unavailable to podcast listeners. AdvertiseCast Publishes Final Podcast Advertising Rates of 2022 Shreya: AdvertiseCast rang in the new year with a January 1st update to their monthly AdvertiseCast Marketplace Podcast Advertising Rates. A quote from AdvertiseCast CRO Dave Hanley in their press release: “2022 was a breakout year in podcasting. Podcasts have become mainstream with explosive growth among younger and more diverse audiences who are embracing niche genres and new ways of listening.” December's overall average CPM was $23.57, a 4% drop month-on-month. With this new information, AdvertiseCast now has the data to generate an overall average for the year. The average CPM for podcasts in AdvertiseCast's observed population was $23.87 for a sixty-second ad spot, a 2% increase from 2021. The three highest-CPM categories in December were, in ascending order, Business, Education, and Technology, with Technology podcasts pulling an average CPM of $27. Software dev wants to make podcast ad blocker, charge money for it. Manuela: Last week a Portland, Oregon-based software engineer Micah Engle-Eshleman announced his intentions to build something that, if fully developed, would change the industry: Adblock, but for podcasts. From adblockpodcast.com: “Finally, a podcast app that skips ads! Adblock Podcast detects and skips ads on all iTunes podcasts.” While light on concrete information, the project appears to be a web-based application that would detect and remove any advertisements embedded in podcasts served through Apple Podcasts, erroneously referred to by the branding Apple retired six years ago. The project will be a paid service with a vaguely-defined intent to use an undefined portion of money collected to directly pay podcasters via revenue share. On paper, Engle-Eshlerman is proposing his web app would create a new, more profitable way for podcasters to be compensated for producing their shows. He's quoted in last week's Podnews as saying he hasn't figured that part out yet. Which feels apt for the entire project. How would it skip ads? How would a web app produced by one person handle the complexity of paying out millions of individual podcasts? Why are podcasters supposed to be excited that they have to let a stranger's product rip out their ads and give them a percentage of what it collected that month? If a podcast that's on a network has its ads skipped, does that podcast get the check or does the network?At best, Podcast Adblock is a cautionary tale for bloggers and reporters covering podcast beats. Just because an email contains something that looks sensational doesn't mean it's worth giving air. Podcast Adblock has many telltale signs of being vaporware. A paid service based Adblock, a service that has been available for free in one form or another since 2002. From someone with no podcasting bona fides who still calls it ‘iTunes.' Apple Podcasts launched Delegated Delivery Shreya: This Tuesday Apple announced the implementation of the Delegated Delivery beta, which will allow podcasters to publish content to their Apple Podcast Subscription from the dashboard of select hosting services. From the blog:“With an active membership to the Apple Podcasters Program, creators can now generate API Keys from the Account tab of Apple Podcasts Connect, which they can share with their hosting provider to allow them to publish content on their behalf. Once enabled, creators can submit new free and subscriber shows, publish new subscriber episodes, and continue to publish free episodes to Apple Podcasts from their hosting provider dashboard.” Currently the beta enables podcasters on Blubrry, Libsyn, Triton Digital's Omny Studio, and RSS to try out pushing episodes directly to their Apple subscribers. More hosting providers are slated to be added to the service throughout the year, with Acast, ART19 and Buzzsprout mentioned by name as the next in line for addition. Removing the extra chore of logging in to a separate dashboard makes the act of producing an ad-free feed or bonus content even more attractive. Apple premium subscriptions were already popular before, it's easy to see Delegated Delivery could likely help make them defacto practice for podcasts with substantial footprints on Apple Podcasts. First 2023 edition of The Podscape now live. Manuela: Before we get into the Quick Hits, we wanted to briefly spotlight something new from a collaboration between Sounds Profitable and Magellan AI. The first 2023 edition of The Podscape is now live. The sizeable infographic is built from taking inventory of podcasting's companies, agencies, services, and anything else that could be classified. From the Podscape description: “From content creation to hosting services to media planning, agencies, and media sales - download The Podscape to better understand how some of the biggest players fit together on one page.” The 2023 Podscape is free to download and currently accepting feedback. 2022 was a busy year in podcasting and the goal of The Podscape is to create as accurate a snapshot as possible. Any notable exclusions or needed corrections should be directed to podscape@Magellan.ai for the next edition, currently slated for sometime in February. Quick Hits Shreya: Finally, it's time for our semi-regular roundup of articles we're calling Quick Hits. These are articles that didn't quite make the cut for today's episode, but are still worth including in your weekend reading. This week: LiveOne to spin off PodcastOne into public company, Slacker possibly next by Kurt Hanson for RainNews. This short piece includes a source link to the SEC filing from LiveOne indicating the upcoming spinoff. Podcast Vet Laura Mayer To Lead Podcast Creative At ABC Audio from PodcastNewsDaily. Exciting closure for listeners of Shameless Acquisition Target, as host Laura Mayer has landed a choice role at ABC Audio after selling the RSS feed to her year-long podcast project. NPR's Student Challenge is Back from NPR. For its fifth consecutive year, the NPR Student Podcast Challenge will run from January through April, encouraging middle and high-school students to produce podcasts in hopes of winning the grand prize of a $5,000 scholarship. The best and worst campaigns of 2022, according to industry creatives by Kelsey Sutton, Ryan Barwick, Minda Smiley, and Alyssa Meyers for MarketingBrew. A fun weekend read, this look back at the previous year features some pivotal moments in online marketing. From catchy songs about plant-based chicken nuggets to people in neon t-shirts being creepy at baseball games, 2022 had a wide variety of campaigns. The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis. Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.See omnystudio.com/listener for privacy information.

business stories education apple technology podcasts oregon portland software npr sec exciting account acast buzzsprout libsyn podcastone cpm magellan slacker megaphone outages blubrry art19 podnews adblock tom webster james cridland advertisecast triton digital omny studio apple podcasts connect laura mayer student challenge

Megaphone has Weekend of Outages & 8 Other Stories

Play Episode Listen Later Jan 12, 2023 9:55

This week: Megaphone's weekend of outages, AdvertiseCast Publishes average CPM of 2022, Apple debuts Delegated Delivery, a software engineer teases adblock for iTunes, and The Podscape 2023 is live. Megaphone has Weekend of Outages Manuela: We start from a story from the holiday break. On Monday, December 19th, Podnews editor James Cridland reported on a weekend of outages for Megaphone. According to Megaphone documentation, the outage started sometime before 11am Eastern on Saturday the 17th for producers. From the website: “We are currently investigating an issue that is impacting content delivery. During this time end listeners most likely will not be able to download podcast episodes. We are working to fix this currently.” Within two hours the case was updated to reflect the playback issue. At 10am the following day a second outage started, this time as a “podcast playback” issue that ran for over 12 hours, leaving megaphone podcasts effectively offline until 11:56pm Eastern. One of the larger major hosting platform outages of the year. This incident marked the sixth time in 2022 Megaphone was temporarily unavailable to podcast listeners. AdvertiseCast Publishes Final Podcast Advertising Rates of 2022 Shreya: AdvertiseCast rang in the new year with a January 1st update to their monthly AdvertiseCast Marketplace Podcast Advertising Rates. A quote from AdvertiseCast CRO Dave Hanley in their press release: “2022 was a breakout year in podcasting. Podcasts have become mainstream with explosive growth among younger and more diverse audiences who are embracing niche genres and new ways of listening.” December's overall average CPM was $23.57, a 4% drop month-on-month. With this new information, AdvertiseCast now has the data to generate an overall average for the year. The average CPM for podcasts in AdvertiseCast's observed population was $23.87 for a sixty-second ad spot, a 2% increase from 2021. The three highest-CPM categories in December were, in ascending order, Business, Education, and Technology, with Technology podcasts pulling an average CPM of $27. Software dev wants to make podcast ad blocker, charge money for it. Manuela: Last week a Portland, Oregon-based software engineer Micah Engle-Eshleman announced his intentions to build something that, if fully developed, would change the industry: Adblock, but for podcasts. From adblockpodcast.com: “Finally, a podcast app that skips ads! Adblock Podcast detects and skips ads on all iTunes podcasts.” While light on concrete information, the project appears to be a web-based application that would detect and remove any advertisements embedded in podcasts served through Apple Podcasts, erroneously referred to by the branding Apple retired six years ago. The project will be a paid service with a vaguely-defined intent to use an undefined portion of money collected to directly pay podcasters via revenue share. On paper, Engle-Eshlerman is proposing his web app would create a new, more profitable way for podcasters to be compensated for producing their shows. He's quoted in last week's Podnews as saying he hasn't figured that part out yet. Which feels apt for the entire project. How would it skip ads? How would a web app produced by one person handle the complexity of paying out millions of individual podcasts? Why are podcasters supposed to be excited that they have to let a stranger's product rip out their ads and give them a percentage of what it collected that month? If a podcast that's on a network has its ads skipped, does that podcast get the check or does the network?At best, Podcast Adblock is a cautionary tale for bloggers and reporters covering podcast beats. Just because an email contains something that looks sensational doesn't mean it's worth giving air. Podcast Adblock has many telltale signs of being vaporware. A paid service based Adblock, a service that has been available for free in one form or another since 2002. From someone with no podcasting bona fides who still calls it ‘iTunes.' Apple Podcasts launched Delegated Delivery Shreya: This Tuesday Apple announced the implementation of the Delegated Delivery beta, which will allow podcasters to publish content to their Apple Podcast Subscription from the dashboard of select hosting services. From the blog:“With an active membership to the Apple Podcasters Program, creators can now generate API Keys from the Account tab of Apple Podcasts Connect, which they can share with their hosting provider to allow them to publish content on their behalf. Once enabled, creators can submit new free and subscriber shows, publish new subscriber episodes, and continue to publish free episodes to Apple Podcasts from their hosting provider dashboard.” Currently the beta enables podcasters on Blubrry, Libsyn, Triton Digital's Omny Studio, and RSS to try out pushing episodes directly to their Apple subscribers. More hosting providers are slated to be added to the service throughout the year, with Acast, ART19 and Buzzsprout mentioned by name as the next in line for addition. Removing the extra chore of logging in to a separate dashboard makes the act of producing an ad-free feed or bonus content even more attractive. Apple premium subscriptions were already popular before, it's easy to see Delegated Delivery could likely help make them defacto practice for podcasts with substantial footprints on Apple Podcasts. First 2023 edition of The Podscape now live. Manuela: Before we get into the Quick Hits, we wanted to briefly spotlight something new from a collaboration between Sounds Profitable and Magellan AI. The first 2023 edition of The Podscape is now live. The sizeable infographic is built from taking inventory of podcasting's companies, agencies, services, and anything else that could be classified. From the Podscape description: “From content creation to hosting services to media planning, agencies, and media sales - download The Podscape to better understand how some of the biggest players fit together on one page.” The 2023 Podscape is free to download and currently accepting feedback. 2022 was a busy year in podcasting and the goal of The Podscape is to create as accurate a snapshot as possible. Any notable exclusions or needed corrections should be directed to podscape@Magellan.ai for the next edition, currently slated for sometime in February. Quick Hits Shreya: Finally, it's time for our semi-regular roundup of articles we're calling Quick Hits. These are articles that didn't quite make the cut for today's episode, but are still worth including in your weekend reading. This week: LiveOne to spin off PodcastOne into public company, Slacker possibly next by Kurt Hanson for RainNews. This short piece includes a source link to the SEC filing from LiveOne indicating the upcoming spinoff. Podcast Vet Laura Mayer To Lead Podcast Creative At ABC Audio from PodcastNewsDaily. Exciting closure for listeners of Shameless Acquisition Target, as host Laura Mayer has landed a choice role at ABC Audio after selling the RSS feed to her year-long podcast project. NPR's Student Challenge is Back from NPR. For its fifth consecutive year, the NPR Student Podcast Challenge will run from January through April, encouraging middle and high-school students to produce podcasts in hopes of winning the grand prize of a $5,000 scholarship. The best and worst campaigns of 2022, according to industry creatives by Kelsey Sutton, Ryan Barwick, Minda Smiley, and Alyssa Meyers for MarketingBrew. A fun weekend read, this look back at the previous year features some pivotal moments in online marketing. From catchy songs about plant-based chicken nuggets to people in neon t-shirts being creepy at baseball games, 2022 had a wide variety of campaigns. The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis. Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.See omnystudio.com/listener for privacy information.

business stories education apple technology podcasts oregon portland software npr sec exciting account acast buzzsprout libsyn podcastone cpm magellan slacker megaphone outages blubrry art19 podnews adblock tom webster james cridland advertisecast triton digital omny studio apple podcasts connect laura mayer student challenge

Episode 2.18: Where Joel and Misty debate the merits of oysters and continue their conversation with Peter Liljedahl

planning construction scheduling onboarding cpm takt buffers

Play Episode Listen Later Jan 10, 2023 20:58

It's 2023 and welcome to a new year!The More Math for More People podcast is delighted to bring you part 2 (of 3) of Joel and Misty's conversation with Peter Liljedahl, author of Building Thinking Classrooms - this time they (actually) talk about maths!It's also National Oysters Rockefeller Day. Joel and Misty don't know how to make them, but they both definitely enjoy eating oysters!The More Math for More People Podcast is produced by CPM Educational Program. Learn more at CPM.orgTwitter: @cpmmathFacebook: CPMEducationalProgramEmail: cpmpodcast@cpm.org

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Ep.721 - Lean Onboarding Series - Buffers

Elevate Construction

Play Episode Listen Later Jan 4, 2023 4:57

In this podcast Jason covers the need for buffers in every part of construction and construction scheduling.

Ep.722 - Lean Onboarding Series - The 8 Wastes

Elevate Construction

Play Episode Listen Later Jan 4, 2023 7:05

In this podcast Jason explains the 8 wastes in construction and how you can use them for continuous improvement.

planning construction scheduling onboarding cpm takt wastes

Spotify enhances chapter support for podcasters

Podnews podcasting news

Play Episode Listen Later Jan 3, 2023 3:01 Transcription Available

In Podnews today: Average podcast ad CPM drops by 4% in December Visit https://podnews.net/update/spotify-chapters for all the podcasting news, and to get our daily newsletter.

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How Viplink is the Best Link Between Brands and Creators

Expert Dojo "The Art of Startup War"

Play Episode Listen Later Dec 27, 2022 31:19

Viplink is the link between brands and creators, we help global brands reach millions of consumers by enabling branded creator content at scale. We partner with +7k creators to maximize brand content and awareness. It helps creators earn more, giving brands easy, direct, on demand access to creators. We are a performance based solution, offering predictable and measurable ROI. Brands can stop paying based on follower count and start paying creators for verified views and engagements on a CPM, CPV, or CPA basis. Be sure to tune in! If you have the next big idea, apply to the Expert Dojo Accelerator: www.expertdojo.com

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Let's Talk About Your Leadership Role in 2023