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#14: Discover the Unseen Business Benefits of Podcasting
Episode 1419th March 2024 • Podjunction • Sadaf Beynon and Matt Edmundson
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In this episode of Podjunction, together with our special guest, Nick Trueman, to explore the unquantifiable yet profound impact podcasts can have on businesses. Beyond the usual metrics of downloads and listener numbers, we uncover the hidden layers of value that podcasting brings to the table. Join us as we unravel the unseen benefits that could transform how you perceive and leverage podcasting for your business.

Key Highlights:

  1. Insights from Nick Trueman: Gain exclusive insights from our guest, Nick Trueman, who brings a wealth of experience in using podcasts to foster business growth and brand visibility.
  2. Authentic Connections: Discover how podcasting serves as a unique platform for building genuine relationships with your audience, establishing trust, and enhancing customer loyalty.
  3. Brand Visibility and Authority: Learn about the power of podcasting to position your business as a thought leader, enhancing credibility and attracting a targeted audience.
  4. Audience Engagement: Uncover strategies for engaging your listeners and expanding your reach beyond traditional marketing methods, fostering a community around your brand.

Whether you're a podcasting newbie or a seasoned podcaster looking to refine your strategy, this episode is packed with actionable insights and inspirational takeaways. Tune in to "The Hidden Layer: Podcasting's Unseen Business Benefits" and discover how you can unlock the full potential of podcasting for your business. Don't forget to subscribe for more insightful episodes on growing your business with podcasting!

For more valuable content and to join our podcasting community, visit Podjunction.com. Engage with us on social media and let us know what impact podcasting has had on your business.

Transcripts

Sadaf Beynon:

Welcome to Podjunction, where business meets podcasting.

Sadaf Beynon:

Whether you're on a morning jog, driving to work, whipping up a meal,

Sadaf Beynon:

or just taking a moment for yourself, our weekly bite-sized episodes.

Sadaf Beynon:

Promise fresh insights from successful podcasters who have cracked the code of

Sadaf Beynon:

using podcasts to grow their business.

Sadaf Beynon:

So whether you're a podcasting newbie or seasoned podcaster,

Sadaf Beynon:

grab your notebooks and get ready.

Matt Edmundson:

Hello.

Matt Edmundson:

Welcome to PodJunction where we talk about the art of growing your business

Matt Edmundson:

with podcasts or something like that.

Matt Edmundson:

And beside me is Sadaf, my co host for this impeccable journey

Matt Edmundson:

into all things podcasting.

Matt Edmundson:

Oh yes.

Matt Edmundson:

We should get ChatGPT to write some kind of funky intro

Matt Edmundson:

that I can read at the start.

Matt Edmundson:

Okay.

Matt Edmundson:

No, I'm joking.

Matt Edmundson:

You can write

Sadaf Beynon:

it in the voice of anyone you want.

Matt Edmundson:

Maybe we should do a different voice for every podcast episode.

Matt Edmundson:

I'm particularly looking forward to the one in the voice of Winston Churchill.

Matt Edmundson:

Okay.

Matt Edmundson:

Yeah.

Matt Edmundson:

I like telling chat GPT to write things in the voice of Winston Churchill.

Matt Edmundson:

It's quite good fun.

Sadaf Beynon:

I'll do that.

Sadaf Beynon:

Yeah.

Sadaf Beynon:

Yeah.

Matt Edmundson:

So yeah, very warm.

Matt Edmundson:

Welcome to you.

Matt Edmundson:

If you're new to the show, make sure you subscribe and do all that

Matt Edmundson:

good stuff you do with podcasts, wherever you get your podcasts from.

Matt Edmundson:

It just really helps us do what we do.

Matt Edmundson:

And we just love podcasting, been doing it for a fair few years now.

Matt Edmundson:

And on this show, we get to interview some really cool people.

Matt Edmundson:

About how they use podcasting to grow their business.

Matt Edmundson:

And then we just chat about what they chatted about, which is always fun and

Matt Edmundson:

just dissect what they say a little bit what I guess say and figure out, can we

Matt Edmundson:

implement this more in our own business or bring some of our own stories in?

Matt Edmundson:

Yeah we call that, do we still, do we call that Conversation Street or is that

Matt Edmundson:

a different show that I'm thinking of?

Matt Edmundson:

That's a different show.

Matt Edmundson:

Okay.

Matt Edmundson:

Apparently we don't call it Conversation street.

Matt Edmundson:

Because that would be, ripping off somebody.

Matt Edmundson:

But no, it's that's what we do.

Matt Edmundson:

So yeah, warm welcome to you.

Matt Edmundson:

Great that you're here.

Matt Edmundson:

Hope you're enjoying the show.

Matt Edmundson:

Do you know, let us know if there's anything particularly

Matt Edmundson:

you want us to cover.

Matt Edmundson:

We're just going to keep going with it.

Matt Edmundson:

We're just going to keep chatting to people.

Matt Edmundson:

And if you're a podcaster yourself using podcasts to grow

Matt Edmundson:

your business, do get in touch.

Matt Edmundson:

We'd love to have you on the show.

Matt Edmundson:

I'd love to interview and chat to you.

Matt Edmundson:

Is that all the housekeeping out of the way?

Sadaf Beynon:

That is all the housekeeping out the way.

Matt Edmundson:

This is awesome.

Matt Edmundson:

I normally ask Sadaf questions like this because Sadaf is you're one

Matt Edmundson:

of the producers here, aren't you?

Matt Edmundson:

And you've been producing a lot of podcasts for a long time.

Matt Edmundson:

So I just, I never know.

Matt Edmundson:

I just chat.

Matt Edmundson:

I just do whatever I'm told.

Sadaf Beynon:

Wow.

Matt Edmundson:

Yeah.

Matt Edmundson:

Yeah.

Matt Edmundson:

There's some disagreement.

Matt Edmundson:

That's another podcast.

Matt Edmundson:

Yes.

Matt Edmundson:

And one way we should probably get your wife in, Matthew,

Matt Edmundson:

to have that conversation.

Matt Edmundson:

And your mother.

Matt Edmundson:

She'll be like, there's no way he does what he's told.

Matt Edmundson:

It's just not gonna happen.

Matt Edmundson:

So yeah.

Matt Edmundson:

Anyway, how are you doing?

Sadaf Beynon:

Good.

Sadaf Beynon:

Yeah.

Sadaf Beynon:

You sure?

Sadaf Beynon:

Yeah, I've got it.

Sadaf Beynon:

I've got a bit of a cough.

Sadaf Beynon:

Bit of a cough.

Matt Edmundson:

Bit of a cough, bit of a cold.

Sadaf Beynon:

Yeah.

Sadaf Beynon:

But whatever.

Matt Edmundson:

So I've really enjoyed the fact that we're in a studio,

Matt Edmundson:

which is nice and warm and sealed from all kinds of sounds, sound proof,

Matt Edmundson:

which means there's no air movement in this room at all whatsoever.

Matt Edmundson:

And yeah, so next week I'll be here.

Matt Edmundson:

Load up on the zinc.

Matt Edmundson:

Welcome to the show.

Matt Edmundson:

My name's Matt.

Matt Edmundson:

It's snot pouring everywhere, sorry ladies and gentlemen, we'll move on now.

Sadaf Beynon:

Yeah, okay.

Sadaf Beynon:

So today, Nick Trueman from Winning With Shopify podcast.

Sadaf Beynon:

Oh yeah.

Sadaf Beynon:

And he is going to be talking about the unquantifiable benefits of podcasting.

Matt Edmundson:

The unquantifiable benefits of podcasting.

Matt Edmundson:

That's a really cool title.

Matt Edmundson:

I just want to say, what are the unquantifiable benefits?

Matt Edmundson:

Surely it's a bit of an oxymoron Because if they're unquantifiable,

Matt Edmundson:

we can't quantify them.

Sadaf Beynon:

Yes,

Matt Edmundson:

so we can't talk about them.

Matt Edmundson:

Because by talking about and defining them, we're quantifying them.

Sadaf Beynon:

Okay.

Sadaf Beynon:

Let's just listen to him and then we'll make that decision.

Sadaf Beynon:

But before we

Matt Edmundson:

don't be dantic, Matt.

Sadaf Beynon:

Before we do, there's lots of myths out there about podcasting.

Sadaf Beynon:

If you could debunk one of them,

Matt Edmundson:

what would it be?

Matt Edmundson:

Oh, that's a really, you should really give me.

Matt Edmundson:

So I'm going to think about that, what would it be?

Matt Edmundson:

I think it would be, there's two myths that I would

Matt Edmundson:

probably, that I hear the most.

Matt Edmundson:

One is podcasting is hard to do and it really isn't, not now.

Matt Edmundson:

I think it's absolutely, I think it's not necessarily as easy to do it well as maybe

Matt Edmundson:

We would all hope that it would be, but it is actually pretty straightforward to

Matt Edmundson:

get a podcast up and running and started.

Matt Edmundson:

You don't need a lot of technology.

Matt Edmundson:

You can just crack on and do it.

Matt Edmundson:

There's plenty of videos on YouTube.

Matt Edmundson:

We're putting loads of content out.

Matt Edmundson:

If we haven't done so already, we'll be putting loads of content out on how

Matt Edmundson:

to do a whole bunch of these things.

Matt Edmundson:

But it's one of those things where actually setting up a

Matt Edmundson:

podcast is pretty straightforward.

Matt Edmundson:

It's like I say, it's not so straightforward to do it well, you have

Matt Edmundson:

to, you do have to think about that and I think that would probably be the second

Matt Edmundson:

myth, which is the Field of Dreams, build it and they'll come kind of thing.

Matt Edmundson:

Do you know that reference?

Matt Edmundson:

No, I don't.

Matt Edmundson:

80s pop culture, the movie with Kevin Costner, Field of Dreams,

Matt Edmundson:

if you build it, they'll come.

Sadaf Beynon:

Still no.

Sadaf Beynon:

Okay.

Matt Edmundson:

I'm just me in the old room tonight, isn't it really?

Matt Edmundson:

So yeah, this idea of if you build it, if you just put the podcast out

Matt Edmundson:

there, people will listen to it.

Matt Edmundson:

And so I'm going to set up a podcast and a lot of people do 10 episodes or whatever

Matt Edmundson:

they, they've got episode five and six and only four people have downloaded it.

Matt Edmundson:

And two of those are their mum.

Matt Edmundson:

And it can be a bit disheartening because you're like why have

Matt Edmundson:

I not got 100, 000 listeners?

Matt Edmundson:

And it's a bit like doing YouTube channels with a million subscribers

Matt Edmundson:

and yours has got four and you're there's a bit of a mismatch.

Matt Edmundson:

And there are some people that do reach those heights and they'll

Matt Edmundson:

tell you how they do that.

Matt Edmundson:

And you can do some of those strategies.

Matt Edmundson:

It doesn't mean you're going to go get all of those subscribers.

Matt Edmundson:

And so I think that would be the second myth that actually, just because you have

Matt Edmundson:

a podcast doesn't mean you're going to get a hundred thousand listeners, but.

Matt Edmundson:

I think you can get to a place where you do have a hundred thousand listeners.

Matt Edmundson:

I just don't think it's a case of I'll just start recording

Matt Edmundson:

and people will listen.

Matt Edmundson:

So that would be the two things.

Matt Edmundson:

Does that make sense?

Matt Edmundson:

Yeah.

Matt Edmundson:

Cool.

Matt Edmundson:

Would you add anything else in there?

Sadaf Beynon:

I would add, I think that the podcast space is saturated

Sadaf Beynon:

and do we really need another podcast?

Matt Edmundson:

Yeah.

Matt Edmundson:

Good myth to debunk.

Matt Edmundson:

It is definitely not saturated.

Matt Edmundson:

There is so much space in this industry for more podcasts.

Matt Edmundson:

I think there's what, like half a million podcasts now, of which only maybe 150,

Matt Edmundson:

200, 000 are actually active podcasts.

Sadaf Beynon:

Oh, wow.

Sadaf Beynon:

No, I don't know any of that.

Matt Edmundson:

Yeah, I was told that, I don't know how true that statistic is.

Matt Edmundson:

It was one I was told the other day from a podcasting platform.

Matt Edmundson:

If there's 200, 000 active podcasts,

Matt Edmundson:

it's definitely not saturated, is it?

Matt Edmundson:

If you think about how many YouTube channels there are.

Matt Edmundson:

If you think about how many TV channels there are, it's probably about 200,

Matt Edmundson:

000 cable shows these days, isn't it?

Matt Edmundson:

Yeah.

Matt Edmundson:

Yeah.

Matt Edmundson:

Yeah I think we've got a long way to go, I wouldn't worry about it.

Matt Edmundson:

That's a good myth to debunk.

Matt Edmundson:

Yeah.

Matt Edmundson:

Good question.

Matt Edmundson:

Very good question.

Matt Edmundson:

Moving on.

Matt Edmundson:

All right.

Matt Edmundson:

So let's play Nick and then Sadaf and I will be back after this.

Matt Edmundson:

What are the unquantifiable differences it's made to your business, do you think?

Nick Trueman:

I think some of those things I mentioned already about like

Nick Trueman:

my business, I'm the only director here.

Nick Trueman:

So it's very much.

Nick Trueman:

If I'm having a bad week, it can be really infectious.

Nick Trueman:

If I'm having a really good week though, equally it can be very infectious.

Nick Trueman:

And I think the podcast it's something that I think the team are

Nick Trueman:

very much starting to get behind.

Nick Trueman:

And so when people say tell me about the place you work to their friends or they

Nick Trueman:

meet someone at an event we're running or somewhere we are like a conference

Nick Trueman:

and saying yeah, I work for this agency.

Nick Trueman:

We've got the podcast.

Nick Trueman:

Like touching in, I think it's unquantifiable, but it's super useful.

Nick Trueman:

Don't get me wrong, we're all in business to make money, but if it wasn't making

Nick Trueman:

money, I think I would still run it.

Nick Trueman:

And I think the final reason I'll give for that, and it's very unquantifiable

Nick Trueman:

you could quantify, but even talking to existing clients There's one in particular

Nick Trueman:

I know you started listening to my podcast and the episode I just recorded literally

Nick Trueman:

minutes before jumping on here with you.

Nick Trueman:

On that episode, I said, there's a particular client of mine.

Nick Trueman:

I know you're listening, but I won't mention your name.

Nick Trueman:

You're doing this at the moment and actually being able to say

Nick Trueman:

to clients and also to potential clients, Hey, look, we do this thing.

Nick Trueman:

Like we are actually an authority here.

Nick Trueman:

And also we're not necessarily paid to do it, we don't advertise it, we

Nick Trueman:

don't promote it, but then we have thousands of people tuning in every week.

Nick Trueman:

We must know what we're talking about.

Nick Trueman:

There's something important here.

Nick Trueman:

And we do, I regularly say on the podcast, please go to our website

Nick Trueman:

and just fill out any of the forms and give us some feedback.

Nick Trueman:

And people give feedback about what they like about it, and you

Nick Trueman:

do get I've had some hate mail.

Nick Trueman:

Over the years, I found myself googling a famous saying because someone

Nick Trueman:

left a review on our podcasting on Apple, you can go and find it, and

Nick Trueman:

it said that's not a famous saying.

Nick Trueman:

So I googled it and nine different football managers

Nick Trueman:

have all been quoted saying it.

Nick Trueman:

I'm like, it's famous enough for me.

Nick Trueman:

Yeah.

Matt Edmundson:

So you would you'd do it even if you couldn't

Matt Edmundson:

quantify the differences.

Matt Edmundson:

Sorry, you would do the podcast even if you weren't necessarily making money

Matt Edmundson:

from it, I think is what you said.

Matt Edmundson:

And so do you, you're quite an infectious character anyway,

Matt Edmundson:

but do you have a, do you have a real joy when you do the podcast?

Matt Edmundson:

If I can use that phrase, do you, is it a joyful experience for you?

Nick Trueman:

Yeah, I hope the infectious thing is not a negative,

Nick Trueman:

because we just got COVID.

Matt Edmundson:

Because I think you can transfer that, can't

Matt Edmundson:

you, when you interview people.

Matt Edmundson:

I think if you're in, if you're joyful, which is a bit of an old fashioned

Matt Edmundson:

word I think that comes across and I think that's quite infectious.

Matt Edmundson:

Yeah, absolutely.

Matt Edmundson:

And so that's the context that I'm bringing this up in really.

Nick Trueman:

Yeah, I think, the thing, the things around engagement

Nick Trueman:

I definitely come into podcasts probably more negative than I am the

Nick Trueman:

moment the guest appears and we start talking, and I really feed off of that.

Nick Trueman:

I think that's one of the biggest things for me is I love meeting people.

Nick Trueman:

I love talking to new people.

Nick Trueman:

It's one of the reasons I run a business.

Nick Trueman:

It's one of the reasons I do some of the things I do in my social

Nick Trueman:

life is I love meeting people.

Nick Trueman:

I love getting out and talking and hearing stories and sharing

Nick Trueman:

stories and all that sort of stuff.

Nick Trueman:

So I think one of the things for me about the joyfulness is, even if I'm

Nick Trueman:

brutally honest, even before jumping on here, this is the second time we've,

Nick Trueman:

Arranged to do this because last time I was like, Oh, I'm so busy today.

Nick Trueman:

Have I got time for that?

Nick Trueman:

And it's a really negative way to approach it.

Nick Trueman:

But even like now, as soon as I get on and we start having a

Nick Trueman:

conversation there's also this weird I don't know how to describe this,

Nick Trueman:

but a bit like your word joyful.

Nick Trueman:

There's another element to this, which is the fact we know people are listening

Nick Trueman:

means we behave a bit differently.

Nick Trueman:

You and I were doing this and we weren't recording, it was just going

Nick Trueman:

out to lots of people, so even the way you and I were talking before we hit

Nick Trueman:

record we were having a good old natter Cs of just yeah, we're going to talk

Nick Trueman:

about that, talk about this, and and by the way, our name in shame, Matt,

Nick Trueman:

he did say to me, I don't know what I'm going to be asking you yet, which I

Nick Trueman:

thought was hilarious.

Nick Trueman:

Yeah, I've I've been on more podcasts like that than I can do it.

Nick Trueman:

I've got a secret weapon, which is he's called Byron and he

Nick Trueman:

organizes all the podcasts for me.

Nick Trueman:

So he always makes notes.

Nick Trueman:

So I've still got them open from the last one.

Nick Trueman:

So the notes were tell us about your journey, a bit about yourself.

Nick Trueman:

What you've What have been the main methods to grow your brand?

Nick Trueman:

How do you use crowdfunding?

Nick Trueman:

What do you do to retain customers to maximize lifetime value?

Nick Trueman:

And how can people get hold of you?

Nick Trueman:

Those are the notes he gave me.

Nick Trueman:

So I probably asked three times as many questions or covered other topics in sort

Nick Trueman:

of discussion, but I think it's yeah it's definitely a different element to it,

Nick Trueman:

but I guess a good question for me to ask you as well, as a fellow podcaster,

Nick Trueman:

Matt is, how do you go into podcasts?

Nick Trueman:

Do you jump around the room, prep yourself, or do you just hit go?

Nick Trueman:

And then as soon as they appear, you just switch on, like I do.

Nick Trueman:

Is it the same for you?

Matt Edmundson:

Yeah, exactly the same.

Matt Edmundson:

Because quite often the people on the podcast, this one's great

Matt Edmundson:

because you know the people.

Matt Edmundson:

Yeah.

Matt Edmundson:

Yeah.

Matt Edmundson:

So this whole series has been great because I know everyone

Matt Edmundson:

that's been on the show.

Matt Edmundson:

That's a good point.

Matt Edmundson:

Yeah.

Matt Edmundson:

And it, it just does feel different and you are, you're,

Matt Edmundson:

I'm a lot more at ease, I think.

Matt Edmundson:

And so I know I'm gonna come onto this podcast.

Matt Edmundson:

I haven't got a clue what I'm gonna ask you, but I know we're gonna have

Matt Edmundson:

a great conversation about podcasting.

Matt Edmundson:

And it'd be the same if it was way round.

Matt Edmundson:

You've got just the better skills than I have in that area.

Matt Edmundson:

But like I was recording a podcast this morning and somebody I'd never

Matt Edmundson:

really met and your Byron is my Sadaf.

Matt Edmundson:

Sadaf behind the scenes, making all the magic happen.

Matt Edmundson:

And again, she writes notes.

Matt Edmundson:

And so before the podcast, I normally spend 10 minutes just

Matt Edmundson:

looking through the notes.

Matt Edmundson:

Looking at their website, just getting an eye, because it's normally

Matt Edmundson:

the first time I've spoken to them.

Matt Edmundson:

Yes.

Matt Edmundson:

And so I have to come on to screen, especially because if the people you're

Matt Edmundson:

interviewing, like we've got one podcast series with Push where most of the people

Matt Edmundson:

have never been on podcasts before.

Matt Edmundson:

And so they come on and it's a bit, a little bit like.

Matt Edmundson:

A rabbit caught in headlights and so you have to come on

Matt Edmundson:

and be a bit more energetic.

Matt Edmundson:

It's going to be all right.

Matt Edmundson:

It's going to be fine.

Matt Edmundson:

Don't panic.

Matt Edmundson:

I'm safe.

Matt Edmundson:

It's okay.

Matt Edmundson:

And so I don't jump around the room, but I understand a little bit about

Matt Edmundson:

the person that I'm talking to.

Matt Edmundson:

Yeah, and then I spend the first five minutes putting them at ease usually

Nick Trueman:

I think you're absolutely right I think you want to put people

Nick Trueman:

at ease So I always I have a list the questions I go through before we

Nick Trueman:

hit record I always ask things like have you recorded podcast before if

Nick Trueman:

they say yes have you used Riverside Which I used to record at the moment.

Nick Trueman:

We seem to switch every six months or a year.

Nick Trueman:

There's always a better way Yeah.

Nick Trueman:

As long as you get a 4k video and good audio, who cares?

Nick Trueman:

It does make a difference.

Nick Trueman:

It does.

Nick Trueman:

Certainly to the the purse strings, but I always ask them,

Nick Trueman:

have you used Riverside before?

Nick Trueman:

And if they say no, I explain that like my video is going to look really blurry.

Nick Trueman:

Yours is going to look blurry to me because it prioritizes audio so we

Nick Trueman:

can have a good conversation, right?

Nick Trueman:

And you're feeding back all of these bits and pieces so they know what's going on.

Nick Trueman:

And I can hear your brain right now, Matt, just going you should use this one.

Nick Trueman:

But I think it's, you're absolutely right.

Nick Trueman:

It's about putting people's minds at ease.

Nick Trueman:

One thing I always say to people as well is.

Nick Trueman:

I always say to them don't worry, I'm going to be talking

Nick Trueman:

probably as much as you.

Nick Trueman:

And so although I'm interviewing you and asking you questions, there will also

Nick Trueman:

be an element of me feeding in stuff.

Nick Trueman:

And I give them like literally a sort of 10 second, I run a PPC SEO consultancy.

Nick Trueman:

So anything new, customer acquisition, marketing related why retention is so

Nick Trueman:

important to me, because I can spend twice as much per customer if you can

Nick Trueman:

get an extra sale out of every customer.

Nick Trueman:

It works.

Nick Trueman:

And so adding that concept.

Nick Trueman:

So then they're in this place now of okay, great.

Nick Trueman:

I'm not just going to be constantly talking.

Nick Trueman:

There'll be someone else asking questions as well.

Nick Trueman:

But I think you're absolutely right.

Nick Trueman:

I think making sure the guest is relaxed and also I, one of my favorite things

Nick Trueman:

to do if I can, it really relaxes people is when you're on record,

Nick Trueman:

I've done it on this one already.

Nick Trueman:

Mention something that was said before you hit record.

Nick Trueman:

It really brings it to life, and I think it pulls the audience into the room.

Nick Trueman:

Yeah,

Sadaf Beynon:

yeah.

Sadaf Beynon:

If you're intrigued and want to dive deeper into this conversation, check out

Sadaf Beynon:

PodJunction Cohort, where you can listen to the complete interview and much more.

Sadaf Beynon:

Simply visit theplodjunction.

Sadaf Beynon:

com for more information about how to join.

Matt Edmundson:

Sorry, we were just chatting away.

Matt Edmundson:

That ended a bit quicker than I expected it to, we were just

Matt Edmundson:

chatting about Nick's video there.

Matt Edmundson:

But yeah.

Matt Edmundson:

Good.

Matt Edmundson:

Welcome back to something we're not calling Conversation Street.

Matt Edmundson:

Although it says, look on the screen there, it says Conversation Street.

Matt Edmundson:

Oh

Sadaf Beynon:

dear.

Matt Edmundson:

You can't see this, but on our recording equipment,

Matt Edmundson:

it says this scene, this segment is called Conversation Street.

Matt Edmundson:

Yes.

Matt Edmundson:

Welcome back.

Matt Edmundson:

So Nick, what do we think?

Sadaf Beynon:

I think that was great.

Sadaf Beynon:

Unquantifiable benefits.

Sadaf Beynon:

What did you think?

Sadaf Beynon:

Was it unquantifiable?

Matt Edmundson:

I think, yeah, although that was your question.

Matt Edmundson:

I'd like to point out, I didn't realize it.

Matt Edmundson:

I forgotten it was me that asked that question.

Matt Edmundson:

So I realized I've just gone and debunked how you can't have quantifiable

Matt Edmundson:

benefits and then talk about them.

Matt Edmundson:

And yet it was me that asked that question.

Matt Edmundson:

Sorry, ladies and gentlemen that's okay though.

Matt Edmundson:

It was interesting because I, I think when, we were talking about myths earlier,

Matt Edmundson:

but one of the things you find with any, marketing medium is that there

Matt Edmundson:

are certain benefits that come with that medium that you weren't expecting

Matt Edmundson:

and that you experience as you go through and you're like, that's great.

Matt Edmundson:

But I don't know if I could justify that if, if I had to stand before

Matt Edmundson:

the board of a company and go, we should do this because of X, Y, and

Matt Edmundson:

Z, I can't necessarily quantify.

Matt Edmundson:

With pound shillings and pence, sorry if you're not English.

Matt Edmundson:

But if you can't quantify with return on investment with KPIs, all those sorts

Matt Edmundson:

of key metrics everybody looks for it

Matt Edmundson:

. Can be a bit tricky, but there are so many of those things with podcasting.

Matt Edmundson:

And was interesting how Nick went straight to one

Matt Edmundson:

that I'd never thought about.

Matt Edmundson:

And that is that his staff are now quite getting quite behind the podcast.

Matt Edmundson:

He's got a great team down at down at his company.

Matt Edmundson:

And so when they're talking to people, they're like, Oh, listen to our podcast.

Matt Edmundson:

It's their own.

Matt Edmundson:

And it's it's our company podcast.

Matt Edmundson:

Nick.

Matt Edmundson:

Nick's the man, in front of the camera, but they're owning it.

Matt Edmundson:

That's a massive benefit, and if your team are listening to it,

Matt Edmundson:

they're getting bought into it.

Matt Edmundson:

It's part of who you are, part of your team culture.

Matt Edmundson:

People are excited by it.

Matt Edmundson:

I think that's massive, and, but it's unquantifiable.

Matt Edmundson:

Like you can't stand before people and go, we should do a podcast.

Matt Edmundson:

Why?

Matt Edmundson:

Your team are going to love it.

Matt Edmundson:

Yeah.

Matt Edmundson:

Maybe you could.

Matt Edmundson:

But it's it's not a big team.

Matt Edmundson:

It's not like 30, 000 people working for the company and sort

Matt Edmundson:

of team radio would make sense.

Matt Edmundson:

Yeah.

Matt Edmundson:

This is much more, I don't know how big Nick's team is actually

Matt Edmundson:

15, 20 people, I'm guessing.

Matt Edmundson:

But if you've got that sort of small SME.

Matt Edmundson:

It's still is something if you're doing it in such a way that everyone's involved,

Matt Edmundson:

people are proud of the podcast and what's going on, I thought was great.

Matt Edmundson:

So it's interesting that was the first place he went to because I

Matt Edmundson:

never would have thought of that.

Matt Edmundson:

It was a big deal.

Matt Edmundson:

Yeah.

Sadaf Beynon:

And I wonder if that was something that just happened

Sadaf Beynon:

on its own rather than him.

Matt Edmundson:

Yeah,

Sadaf Beynon:

Yeah,

Matt Edmundson:

I don't want to put words in Nick's mouth, but I would imagine

Matt Edmundson:

when Nick started doing that podcast, or actually when Nick took over that

Matt Edmundson:

podcast I can't imagine Nick wrote down on a piece of paper doing this will

Matt Edmundson:

be good because staff will love it.

Matt Edmundson:

Yeah.

Matt Edmundson:

That's just one of those sort of happy accidents that sort

Matt Edmundson:

of has happened along the way.

Matt Edmundson:

And this is what I mean, you do get a lot of those with podcasts and I

Matt Edmundson:

never would have wrote that down.

Matt Edmundson:

Yeah.

Matt Edmundson:

You write things down I will get new clients, yeah, the quantifiable.

Matt Edmundson:

Yeah, you talked about a client, didn't you, listening

Matt Edmundson:

in and those kind of things.

Matt Edmundson:

But all these extra sort of nuances.

Matt Edmundson:

Yeah.

Matt Edmundson:

Make all the massive difference.

Matt Edmundson:

Like I was saying before we started the conversation with Nick, the fact

Matt Edmundson:

that Nick and I've got to know each other and he just happened to be

Matt Edmundson:

in Liverpool, went out for a pizza, had a great time just chatting away.

Matt Edmundson:

So become friends with Nick, that's an unquantifiable benefit to podcasting.

Matt Edmundson:

Do you know what I mean?

Matt Edmundson:

It's one of those things that you like never would have, why, Matt, why are you

Matt Edmundson:

going to start the eCommerce podcast?

Matt Edmundson:

What else I can become mates with Nick Tremont?

Matt Edmundson:

Do you know what I mean?

Matt Edmundson:

It wasn't on my list.

Matt Edmundson:

Sorry, Nick, it just wasn't.

Matt Edmundson:

No offense and I dare say I wasn't on his list, but it's just one

Matt Edmundson:

of those things that's happened.

Matt Edmundson:

And I really liked that and I think that's awesome.

Matt Edmundson:

And I think like I say, there are just so many of them.

Matt Edmundson:

Yeah.

Sadaf Beynon:

I think what's interesting is that.

Sadaf Beynon:

An unquantifiable benefit.

Sadaf Beynon:

Yeah, it doesn't, it won't add to the bottom line.

Sadaf Beynon:

There's no immediate financial gain from it.

Sadaf Beynon:

But I do think that it's interesting that, like what you're talking

Sadaf Beynon:

about, enhancing the company culture, the people are behind it.

Sadaf Beynon:

You can, the thought leadership, you're establishing yourself

Sadaf Beynon:

as a leader in that area.

Sadaf Beynon:

The content that you're creating, like what you're offering to your

Sadaf Beynon:

listeners, all of that eventually will add to the bottom line.

Sadaf Beynon:

It just takes a lot longer to get there.

Matt Edmundson:

Yeah, it does.

Matt Edmundson:

And you, and the trouble is, again, with any company, isn't it.

Matt Edmundson:

There's so many things that contribute to your sales, to your turnover, that

Matt Edmundson:

you just have no idea about, right?

Matt Edmundson:

Even in the world of digital, which we work in, even in the world of eCommerce,

Matt Edmundson:

where you can attribute a lot of things.

Matt Edmundson:

It's not possible to attribute everything that contributes to your turnover.

Matt Edmundson:

It's the same with podcasting.

Matt Edmundson:

We had on the eCommerce podcast, a chap called Neil Hoynes, who's

Matt Edmundson:

the chief strategist at Google.

Matt Edmundson:

The man is just involved in all the data at Google and he

Matt Edmundson:

was a really interesting guy.

Matt Edmundson:

He came onto the eCommerce podcast and I remember him telling a story of how.

Matt Edmundson:

They tracked the, this one woman who bought a pair of, I

Matt Edmundson:

think it was a pair of shoes.

Matt Edmundson:

She bought a pair of shoes off a website and they tracked all her interactions.

Matt Edmundson:

There were 236 of them, right?

Matt Edmundson:

I think that was the number.

Matt Edmundson:

It was crazy number.

Matt Edmundson:

There was email from the company, there was a Facebook page, there was

Matt Edmundson:

a Facebook ad, there was an Instagram ad, there was another email, there was

Matt Edmundson:

going to the website again and checking this out and reading this blog post

Matt Edmundson:

and maybe a friend talking about it.

Matt Edmundson:

There were just all these different things.

Matt Edmundson:

And Neil asked this really interesting question when he was talking about this.

Matt Edmundson:

He said, At what point did that lady decide to buy?

Matt Edmundson:

Because you just don't know the answer.

Matt Edmundson:

She would not know the answer.

Matt Edmundson:

So how do you attribute that sale?

Matt Edmundson:

Do you say this sale came about as a result of a really clever Facebook

Matt Edmundson:

ad strategy or this sale came about because of that Instagram post.

Matt Edmundson:

You just, you don't know what you can say is all of that collectively

Matt Edmundson:

together resulted in that sale.

Matt Edmundson:

And I think it's in digital terms, we've now started to use this phrase

Sadaf Beynon:

Blended ROAS,

Matt Edmundson:

yeah, the blended return on ad spend.

Matt Edmundson:

In other words, it's very hard now to attribute to the

Matt Edmundson:

penny where everything goes.

Matt Edmundson:

So you look at things as a whole as well.

Matt Edmundson:

And I think with podcasting, it's just one of those things.

Matt Edmundson:

There are so many things which contribute to how well you do as a business.

Matt Edmundson:

So many things contribute to how well you do with your podcast, but you just,

Matt Edmundson:

you can't attribute it all the time.

Matt Edmundson:

You can say, I had that one.

Matt Edmundson:

I can say to you that I had a conversation with that person there and

Matt Edmundson:

that resulted in that much business.

Matt Edmundson:

That's quantifiable.

Matt Edmundson:

All the other stuff it becomes quite.

Matt Edmundson:

Quite difficult.

Sadaf Beynon:

Yeah, it's like even with our eCommerce podcast, we've been going

Sadaf Beynon:

for what, five years with that one?

Sadaf Beynon:

Something like that.

Sadaf Beynon:

Yeah, I think forever it seems.

Sadaf Beynon:

Yeah.

Sadaf Beynon:

And it's it's only when you're looking back that you see the benefits of the

Sadaf Beynon:

consistency for one, like all these other things that we were doing,

Sadaf Beynon:

which we didn't realize at the time.

Sadaf Beynon:

Yeah.

Sadaf Beynon:

But looking back you see it more clearly.

Sadaf Beynon:

You figure it out, don't you?

Matt Edmundson:

It's like the framework that we use now and we talk to people

Matt Edmundson:

about and the concepts and the ideas.

Matt Edmundson:

We didn't start off with that.

Matt Edmundson:

No.

Matt Edmundson:

That was all stuff we discovered along the way, wasn't it?

Matt Edmundson:

And you're like, okay, this, if I'd have known that at the start, that

Matt Edmundson:

would have been really helpful.

Nick Trueman:

Yeah.

Matt Edmundson:

And so we were chatting, when was it, last week,

Matt Edmundson:

we were chatting about eCommerce Podcast and actually, do we need to

Matt Edmundson:

make some big changes in that show?

Matt Edmundson:

Understanding where business now needs to go.

Matt Edmundson:

And so you there's some really.

Matt Edmundson:

Yeah, we didn't know it at the start, but you do, you're right.

Matt Edmundson:

You you look back and go, man, we've got here by hook or bike road.

Matt Edmundson:

Yeah.

Matt Edmundson:

Yeah.

Matt Edmundson:

A lot of pivots.

Matt Edmundson:

, which is a very trendy word that really winds me up.

Matt Edmundson:

We've pivoted a lot.

Matt Edmundson:

Pivots.

Matt Edmundson:

Yeah.

Matt Edmundson:

We pivot.

Matt Edmundson:

Did you pivot?

Matt Edmundson:

I pivoted . Like

Sadaf Beynon:

that friend episode.

Sadaf Beynon:

. Matt Edmundson: Yeah.

Sadaf Beynon:

Pivoted.

Sadaf Beynon:

We just pivoted . So we, yeah.

Sadaf Beynon:

Lots of changes along the way, and you're right.

Sadaf Beynon:

But you look at it and go, oh man.

Sadaf Beynon:

That's been great.

Sadaf Beynon:

That's been great.

Sadaf Beynon:

That's been great, but totally would never have set out with those ideas in mind.

Sadaf Beynon:

Yeah, just would never have happened.

Sadaf Beynon:

But and that's part of the reason why we're doing this because we love it.

Sadaf Beynon:

This is great.

Sadaf Beynon:

There's so much joy in that, right?

Sadaf Beynon:

It's infectious.

Sadaf Beynon:

It is.

Matt Edmundson:

So is Nick, he's infectious and so is Sadaf with a cold.

Matt Edmundson:

Don't get near them.

Matt Edmundson:

They're both really infectious people.

Matt Edmundson:

Brilliant.

Matt Edmundson:

Anything else out of that?

Matt Edmundson:

I'm just trying to read my notes without my glasses, which is never easy.

Matt Edmundson:

Do you think, because he mentioned that people behave

Matt Edmundson:

differently when the camera starts rolling.

Matt Edmundson:

Do you think that's true?

Matt Edmundson:

Yeah.

Matt Edmundson:

Why do you think that?

Sadaf Beynon:

I think in their head, they now know that they're, this

Sadaf Beynon:

is going to go out to the public or whoever or wherever and so yeah,

Matt Edmundson:

I think it's right.

Matt Edmundson:

I think it's a really astute insight from Nick there that

Matt Edmundson:

actually people do behave slightly differently, talk slightly differently

Sadaf Beynon:

and also as a producer of a lot of your podcasts, Matt.

Matt Edmundson:

There's two versions of Matt.

Matt Edmundson:

I

Sadaf Beynon:

know where to top and tail it.

Matt Edmundson:

If only you could do that in real life we're around the

Matt Edmundson:

table and we're just having a meeting about something, you go Matt, this

Matt Edmundson:

first 15 minutes is a waste of time.

Matt Edmundson:

And we just skip through to 18 minutes basically.

Matt Edmundson:

Just pretend the cameras are rolling, like you've just got to deliver

Matt Edmundson:

some insane value straight away.

Sadaf Beynon:

Skip intro.

Matt Edmundson:

I think that's why I think people behave differently

Matt Edmundson:

is because most of the guests that come on to the show, or if I've been

Matt Edmundson:

a guest on other people's show, the thing that I'm constantly thinking is

Matt Edmundson:

I want to get to value straight away.

Matt Edmundson:

I want people to get something out of this show and I want

Matt Edmundson:

to be able to deliver that.

Matt Edmundson:

It's a bit like, if you ever read, it's a bit of an obtuse sort of

Matt Edmundson:

analogy, but if you ever read Like a novel, like a Jack Reacher, I'm a

Matt Edmundson:

big Jack Reacher novel fan, right?

Matt Edmundson:

So you read the dialogue and then you're following it along.

Matt Edmundson:

You're getting sucked in.

Matt Edmundson:

But if people actually talk like that, it would be the weirdest

Matt Edmundson:

conversation in the world.

Matt Edmundson:

Do you know what I mean?

Matt Edmundson:

Yeah.

Matt Edmundson:

And you, like when you're watching a TV show, the amount of people

Matt Edmundson:

that hang up phones without saying bye, they just hang it up.

Matt Edmundson:

You're like, that's rude.

Sadaf Beynon:

And

Matt Edmundson:

But it makes sense in that context.

Matt Edmundson:

And I think podcasting is a lot like that.

Matt Edmundson:

You talk about stuff that makes sense in the context of that show, because

Matt Edmundson:

everyone wants to deliver value, which actually I think makes everybody much

Matt Edmundson:

more vulnerable, but that's another story.

Matt Edmundson:

And so you talk about stuff, if you talk like that down at the pub

Matt Edmundson:

with your mates, they'd look at you and go, what's wrong with you?

Matt Edmundson:

Do you know what

Matt Edmundson:

I mean?

Matt Edmundson:

It's just slow down, dude.

Matt Edmundson:

We've got all night.

Matt Edmundson:

We don't have to get to the heart of this in 20 minutes, especially if you're guys.

Matt Edmundson:

I don't know.

Matt Edmundson:

It's just I don't know how to respond to this.

Matt Edmundson:

So I think it's one of those things where I think people do talk differently

Matt Edmundson:

and behave differently on podcasts.

Matt Edmundson:

I do think it's a really good thing.

Matt Edmundson:

And I think it's an interesting thing.

Sadaf Beynon:

Yeah.

Sadaf Beynon:

I like what you said about, you just want to get to the heart of it.

Sadaf Beynon:

Is you want to deliver value right away.

Sadaf Beynon:

Rather than just waffling on, which I feel like I'm doing right now.

Sadaf Beynon:

So I've

Sadaf Beynon:

got

Matt Edmundson:

to get into that mindset.

Matt Edmundson:

And then finally, the other thing that Nick said, which are we, which

Matt Edmundson:

is what we were talking about when the, when he just flipped it and

Matt Edmundson:

we're like, Oh, we're really sorry.

Matt Edmundson:

Is this idea that when you talk to a guest, you have this sort

Matt Edmundson:

of preamble before you hit the record button, just to put people

Matt Edmundson:

at ease, like, where are you from?

Matt Edmundson:

How's it going?

Matt Edmundson:

Those kinds of things.

Matt Edmundson:

And, and he said that he refers quite a lot back to that initial

Matt Edmundson:

conversation to put people at

Sadaf Beynon:

ease.

Matt Edmundson:

And I, I do that which I probably should attribute the credit

Matt Edmundson:

to Nick for as much as it pains me.

Matt Edmundson:

But as I have started to do that as a result of that conversation.

Matt Edmundson:

And actually it is really interesting because what it does, my observation

Matt Edmundson:

here is it gives permission.

Matt Edmundson:

For the guest to talk about normal things.

Matt Edmundson:

Yeah.

Matt Edmundson:

So I think people do behave and talk differently, but actually as the

Matt Edmundson:

host, giving the guest permission to talk about normal things, i.

Matt Edmundson:

e.

Matt Edmundson:

the stuff that we talked about beforehand.

Matt Edmundson:

Yeah.

Matt Edmundson:

Like I will often say to people like, Oh, you're a fan of such

Matt Edmundson:

and such, or you're what's the, we were talking about the weather or

Matt Edmundson:

we're talking about this or that.

Matt Edmundson:

And it just, it's disarming because it's like I get to talk about normal stuff.

Matt Edmundson:

I don't.

Matt Edmundson:

Yeah.

Matt Edmundson:

I don't have to be on point the whole time.

Matt Edmundson:

You want to talk about something random, like the weather and it just puts

Matt Edmundson:

people at ease, plus we're British.

Matt Edmundson:

We always talk about it.

Sadaf Beynon:

Yes, that is true.

Sadaf Beynon:

But I think it also, like you're saying, I don't know if this is the

Sadaf Beynon:

right word, but it humanizes them a bit more too, because you get some

Sadaf Beynon:

insight into, you Them as a person.

Sadaf Beynon:

Yeah, exactly.

Matt Edmundson:

Certainly the listener does.

Matt Edmundson:

Yeah.

Matt Edmundson:

Because obviously I've already had that conversation, but

Matt Edmundson:

it brings that extra dynamic.

Matt Edmundson:

So yeah, a very good episode, Mr.

Matt Edmundson:

Nick.

Matt Edmundson:

So thank you for that.

Matt Edmundson:

Anything else from you?

Matt Edmundson:

No.

Matt Edmundson:

What's coming up next week?

Sadaf Beynon:

Next week is James Gerd.

Matt Edmundson:

You said that so confidently as well.

Sadaf Beynon:

I knew this question was coming.

Matt Edmundson:

So do join us next week for James.

Matt Edmundson:

If it's say first time, as if you haven't done so already, make sure

Matt Edmundson:

you like and subscribe to the show.

Matt Edmundson:

And if you're so inclined, head over to the website podjunction.

Matt Edmundson:

com.

Matt Edmundson:

Put in your name and email address because we'll send you a newsletter

Matt Edmundson:

every time the podcast goes live.

Matt Edmundson:

But other than that's it from me.

Matt Edmundson:

That's it from Sadaf.

Matt Edmundson:

Thank you so much for joining us.

Matt Edmundson:

Have a fantastic week wherever you are in the world, and we will see you next time.

Sadaf Beynon:

And that brings us to the end of today's episode at Podjunction,

Sadaf Beynon:

where business meets podcasting.

Sadaf Beynon:

If you enjoyed the insights from today and wish to hear the full conversation

Sadaf Beynon:

with today's special guest, don't forget to visit thepodjunction.

Sadaf Beynon:

com where you'll find more information about how you can join today.

Sadaf Beynon:

Whether you listen while on the go or in a quiet moment, thank you for

Sadaf Beynon:

letting us be a part of your day.

Sadaf Beynon:

Remember, every episode is a chance to gain insights and to transform

Sadaf Beynon:

your business with podcasting.

Sadaf Beynon:

So keep tuning in, keep learning, and until next time, happy podcasting.

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