Join Sadaf Beynon on Podjunction Podcast as she chats with Mark Asquith, co-founder of Captivate.fm, about transforming podcasting into a business tool. Discover how Mark's journey from a design agency owner to a podcasting pioneer can inspire your own podcasting success. Don't miss insights on creating engaging content and effective calls to action for business growth.
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Timestamps:
0:00 Intro
4:10 Mark Asquith's Journey
6:41 Podcasting as a Business Tool
10:23 Shifts in Podcasting Perception
12:43 Designing Effective Podcasts
17:46 Common Mistakes in Podcasting
22:45 Turning Listeners into Customers
25:20 Establishing Thought Leadership
29:22 Captivate's Role for Business Podcasters
31:27 Key Lessons for Business Growth
32:47 Podcasting's Unique Advantages
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Key Takeaways:
1. Design with Purpose: Mark emphasises the importance of designing a podcast with a clear purpose and a single call to action. He advises against overwhelming listeners with multiple requests, suggesting instead to focus on one memorable action that aligns with your business goals. This approach helps in effectively guiding listeners towards desired outcomes, such as joining an email list or visiting a website.
2. Quality Content and Consistency: He stresses the need for high-quality, engaging content that stands out. Mark highlights that podcasts should not just follow a generic interview format but should offer unique insights and value. Consistency in delivering this quality content is crucial for long-term success and establishing a strong brand presence.
3. Long-term Strategy: Mark points out that podcasting is a long-term endeavour. It requires patience and consistent effort to build a reputation and audience. He suggests viewing podcasting as a strategic channel that, over time, can significantly enhance brand recognition and customer trust, even continuing to benefit the business after active publishing has ceased.
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Unlock the potential of your podcast today! Don’t miss out on transforming your podcast into a powerful business tool—visit Podjunction.com to discover resources, tips, and opportunities that can take your podcast to the next level. Subscribe now and elevate your podcasting journey!
Welcome to Podjunction Podcast, a show for
Sadaf Beynon:podcasters who want to use their podcast to grow
Sadaf Beynon:their business. I'm your host, Sadaf Beynon, and
Sadaf Beynon:today I'm joined by that podcast guy, Mark
Sadaf Beynon:Asquith. Mark is the managing director and co
Sadaf Beynon:founder of Captivate.fm and a pioneering force in
Sadaf Beynon:the podcasting industry. With over a decade of
Sadaf Beynon:experience, he's helped countless podcasters turn
Sadaf Beynon:their passions into profitable businesses. Mark,
Sadaf Beynon:welcome to the show.
Mark Asquith:Well, hello. Thank you for having me. It's a
Mark Asquith:pleasure, Mark.
Sadaf Beynon:It's great to have you here. So you've been in
Sadaf Beynon:the podcasting space for over a decade now, and
Sadaf Beynon:you've seen the industry evolve quite
Sadaf Beynon:significantly. Could you take us back to where it
Sadaf Beynon:all began for you? What drew you to into
Sadaf Beynon:podcasting?
Mark Asquith:Yeah, it's sort of an interesting story, I think
Mark Asquith:one that people relate to that listen to
Mark Asquith:Podjunction, but I think one that is very common,
Mark Asquith:yet also quite personal. And I think that's a
Mark Asquith:very interesting theme for a lot of podcasters.
Mark Asquith:Anyway, so I was. I was a small business owner. I
Mark Asquith:was a design agency owner, built design and brand
Mark Asquith:and software agency here in the north of England.
Mark Asquith:Used to do fantastic work for fantastic clients.
Mark Asquith:Everything from grassroots businesses right up to
Mark Asquith:multinationals, blue chip companies, people like
Mark Asquith:the Art Directors Club in New York, a lot of
Mark Asquith:multinational stuff. So it was really interesting
Mark Asquith:stuff. But I was, I think it was, I want to say,
Mark Asquith:about 2011, I was starting to get a little bit
Mark Asquith:bored of it. Um, we'd grown to a big enough size
Mark Asquith:where everyone was comfortable, we were earning,
Mark Asquith:you know, fine money. Um, but I was getting a
Mark Asquith:little bit bored. I was getting a little bit, you
Mark Asquith:know, I think frustrated with agency life, always
Mark Asquith:having to pitch for new clients, and just this
Mark Asquith:kind of complete hamster wheel constantly, which
Mark Asquith:it would just. It was just dull to me. Um, so I
Mark Asquith:was looking for more of a creative outlet. And
Mark Asquith:I'm big into pop culture. If anyone's watching a
Mark Asquith:video version of this or ever seen me on video
Mark Asquith:from here in my home office, you'll see there's
Mark Asquith:loads of memorabilia, Star wars stuff, DC Comics
Mark Asquith:stuff. I'm a big pop culture nerd. So I started
Mark Asquith:writing with a friend of mine, Gary Ehlert, about
Mark Asquith:pop culture on a website that we called Two Shots
Mark Asquith:to the Head. And that became a podcast. And from
Mark Asquith:there I started, I suppose, the classic interview
Mark Asquith:podcast. This is really back in, like, maybe 2013
Mark Asquith:now. So we've done the podcast pop culture show
Mark Asquith:for a couple of years, and I started. I started
Mark Asquith:my own interview Podcast in business. And it was
Mark Asquith:mainly for two reasons. To kind of help people
Mark Asquith:out in small business, but also to just position
Mark Asquith:myself as a bit of a thinker in small business
Mark Asquith:locally. But what happened was that I very
Mark Asquith:quickly realized that the podcasting
Mark Asquith:technological elements of podcasting, at least
Mark Asquith:those parts of it, were very broken. There wasn't
Mark Asquith:much out there. There was not many hosting
Mark Asquith:platforms out there. Technology was difficult.
Mark Asquith:There's no need for it to be that difficult. So I
Mark Asquith:thought I found myself in an interesting
Mark Asquith:position. I was here in the uk. No one else was
Mark Asquith:into podcasting. That's why I've got that British
Mark Asquith:podcast guy, Monica. I used to go and speak at
Mark Asquith:all these events, and I was literally one of the
Mark Asquith:only British people there. And because I was
Mark Asquith:generally the one speaking out of all of us Brits
Mark Asquith:that were there, I just. I became. That became my
Mark Asquith:thing. So very quickly start to put. Start to put
Mark Asquith:together sort of solutions for podcasters, you
Mark Asquith:know, web platforms for podcasters and so on and
Mark Asquith:so forth, and just. I sort of just got into the
Mark Asquith:industry, got to know everyone in the industry,
Mark Asquith:started working in the industry, built businesses
Mark Asquith:in the industry. And then I think in 2017, it
Mark Asquith:was. We. I segued out of my agency, we got rid of
Mark Asquith:the agency. I was, like I said, very bored of it.
Mark Asquith:Moved into being a software company through our
Mark Asquith:podcasting technology, and then founded
Mark Asquith:Captivate, the hosting platform that people
Mark Asquith:generally know us for today, which in turn was
Mark Asquith:then acquired by global back in 2021. And I still
Mark Asquith:run that. Still, you know, basically do the same
Mark Asquith:job as I did before. So, yeah, quite an
Mark Asquith:interesting little tale, really. But it's. It's
Mark Asquith:certainly one rooted in small business, which is
Mark Asquith:quite interesting.
Sadaf Beynon:Yeah, that is really interesting. And you're
Sadaf Beynon:right, this is what our. What Podjunction is
Sadaf Beynon:about. So this is perfect. You talked about you
Sadaf Beynon:wanted to start creating solutions for
Sadaf Beynon:podcasters. Was that based on your own experience
Sadaf Beynon:and stuff that you wanted to be able to have at
Sadaf Beynon:your fingertips to make life, your podcasting
Sadaf Beynon:life easier for you? Is that where that came from?
Mark Asquith:I think that that's certainly where we. We moved
Mark Asquith:to with Captivate. Initially, it was very much
Mark Asquith:around just taking the knowledge that we had and
Mark Asquith:helping because actually, let me. Let me go back
Mark Asquith:a little bit. Most podcasters Back in 2014, 15,
Mark Asquith:when I started making technology here, were
Mark Asquith:either like the. The entertainment celebrity
Mark Asquith:podcast, Kevin Smith and those people, Joe
Mark Asquith:Rogan's of the World, or there was like this
Mark Asquith:massive entrepreneur thing. You know, it was
Mark Asquith:like, oh, if you're A quote unquote entrepreneur.
Mark Asquith:You gotta have a podcast. It's quick route to six
Mark Asquith:figure. Six figures. Absolute rubbish. Complete
Mark Asquith:rubbish. But that's what everyone was selling.
Mark Asquith:You know, you had people selling that, that
Mark Asquith:dream. So I sort of spotted that gap with my co
Mark Asquith:founder, Kieran, and we said, well, wait a
Mark Asquith:minute, most of these people are going to want a
Mark Asquith:way to display that podcast publicly, a way to
Mark Asquith:host it a little bit easier than they've
Mark Asquith:currently got the ability to do in terms of a
Mark Asquith:hosting platform and to bring everything together
Mark Asquith:in terms of tech stacks. So that's what we
Mark Asquith:started doing. So it was, yeah, I mean, it was,
Mark Asquith:it was to scratch my own itch, but it was more
Mark Asquith:about. I'd spotted the opportunity, but then
Mark Asquith:because I became a much more seasoned podcaster
Mark Asquith:really quickly, you know, I'm probably sat here
Mark Asquith:now 10, 10 years, 11 years, 12 years into this,
Mark Asquith:probably done 1700 podcast episodes, I would
Mark Asquith:guess I became seasoned quite quickly. And that's
Mark Asquith:when I started seeing things like, oh, actually,
Mark Asquith:maybe we could make the hosting element easier
Mark Asquith:using Captivate, or maybe now we've got a podcast
Mark Asquith:hosting platform, maybe we could add these
Mark Asquith:features to make my life easier, which in turn
Mark Asquith:would make everyone's life easier. Which is where
Mark Asquith:the brand of Captivate really grew and elevated
Mark Asquith:from, was just, you know, a complete lack of
Mark Asquith:competitor awareness. We just didn't care. We
Mark Asquith:didn't, we purposely didn't look at other
Mark Asquith:competitors because otherwise you end up just
Mark Asquith:sort of mimicking them doing whatever they're
Mark Asquith:doing. Yeah, so, yeah, that, yeah, it was
Mark Asquith:certainly to scratch my own itch, but to start
Mark Asquith:with, it was very much around the technology
Mark Asquith:space in podcasting. Just wasn't very good back
Mark Asquith:then.
Sadaf Beynon:Yeah, that's cool. So when did you first see the
Sadaf Beynon:potential for podcasting as a business tool for
Sadaf Beynon:yourself?
Mark Asquith:I think straight away, really. I mean, it's like
Mark Asquith:anything. It's only got potential if you, you
Mark Asquith:actually put time and effort into it. It's like
Mark Asquith:anything, you know, it's not, it isn't a get rich
Mark Asquith:quick thing. It's not the secret ingredient. It's
Mark Asquith:not the silver bullet. It's not the thing that's
Mark Asquith:going to supercharge your business and 10x your
Mark Asquith:revenue and all that, all that rubbish you see in
Mark Asquith:the books, it's not that. So I, I saw the
Mark Asquith:potential for it as a channel really early, but
Mark Asquith:the problem was not that many people were
Mark Asquith:listening and now there are so many more people
Mark Asquith:listening. So it was, I spotted it early, but I
Mark Asquith:was also very aware that it needed heckle Heck, a
Mark Asquith:heck of a lot of good work and consistency, which
Mark Asquith:I think back then a lot of people had spotted it
Mark Asquith:as a potential channel, but they thought it was
Mark Asquith:this get rich quick thing, which was. That was.
Mark Asquith:That's a shame, you know, because that's just not
Mark Asquith:right.
Sadaf Beynon:And so how would you say then, based on what
Sadaf Beynon:you've just said, would you like the perception
Sadaf Beynon:of podcasting as a marketing tool? How do you
Sadaf Beynon:think that's changed among businesses since the
Sadaf Beynon:industry first started? So, you know, you're
Sadaf Beynon:saying they used it as a get rich quick tool, or
Sadaf Beynon:they tried to. But where things are at now, how
Sadaf Beynon:do you think that perception's changed for
Sadaf Beynon:businesses?
Mark Asquith:Well, I think this. I think the first thing to do
Mark Asquith:is to categorize businesses. Those people I'm
Mark Asquith:talking about that were using it as get rich
Mark Asquith:quick were the quote unquote, entrepreneurs.
Sadaf Beynon:Right.
Mark Asquith:And what I mean, there is online marketers that
Mark Asquith:would build traffic to a website and sell
Mark Asquith:advertisements, sell affiliate products. Nothing
Mark Asquith:wrong with that. But let's not confuse that with
Mark Asquith:an entrepreneur, you know, Richard Branson, Steve
Mark Asquith:Jobs.
Sadaf Beynon:Yeah, yeah.
Mark Asquith:You know, they're the genuine entrepreneurs in my
Mark Asquith:mind. The reason I say that is because I think
Mark Asquith:it's important to understand that actually what
Mark Asquith:we are talking about is a genuine small business,
Mark Asquith:you know, that has. That is actually to this day,
Mark Asquith:and even in 2024, as we're sat here, you know,
Mark Asquith:there are still steam podcasting as bleeding
Mark Asquith:edge. You know, many, many small businesses now
Mark Asquith:are still seeing podcasting as bleeding edge, but
Mark Asquith:they're now able to get into it a little bit
Mark Asquith:more. And I think that's what's changed is this
Mark Asquith:idea that podcasting is an entertainment and
Mark Asquith:education medium. It is. It's like any other
Mark Asquith:channels, like TV, it's like broadcast media.
Mark Asquith:It's like YouTube. It's like writing anything,
Mark Asquith:whether it's a blog or a book, it's like any
Mark Asquith:other channel. You've got to entertain or educate
Mark Asquith:or a little mix of both. And I think when people
Mark Asquith:understood that and when people figured that out
Mark Asquith:and actually realized that you've got to provide.
Mark Asquith:Yeah. Content that will help to position you as
Mark Asquith:the expert, because that's ultimately what the
Mark Asquith:businesses in the space are looking to do. But
Mark Asquith:it's got to be educational and it's got to be
Mark Asquith:useful. And importantly, it's got to be
Mark Asquith:entertaining. And I think that's been the big
Mark Asquith:shift, is that, you know, even some of the
Mark Asquith:biggest interview podcasts that had the same
Mark Asquith:format because it was cool to batch Record. And
Mark Asquith:you could just record the same old stuff and just
Mark Asquith:put it out all the time. They can't do that
Mark Asquith:anymore. They're not doing that anymore because
Mark Asquith:there are other better shows out there that will,
Mark Asquith:that will deliver much of the same value, but in
Mark Asquith:just a better way. And I, I honestly think that's
Mark Asquith:the tipping point, or has been the tipping point
Mark Asquith:the last four or five years is that people have
Mark Asquith:seen that this is a genuine media that requires
Mark Asquith:the same attention as anything that you put your
Mark Asquith:effort into. And it's not just get a micro run,
Mark Asquith:an interview, sell some affiliate stuff, make 100
Mark Asquith:grand a month. You know, it's just, it just isn't
Mark Asquith:that way. So I think that's been the big change.
Sadaf Beynon:Yeah. So do you think this shift has come from, I
Sadaf Beynon:guess, trying to figure it out and realize their
Sadaf Beynon:get rich quick schemes weren't working? And so is
Sadaf Beynon:it a part of that or is it to do with society as
Sadaf Beynon:well? Like, is it the way they're absorbing
Sadaf Beynon:content? Has that changed? You know what I mean?
Sadaf Beynon:Is it, is it a. I do. Is it a myth?
Mark Asquith:Yeah, I do. I think it's both. Yeah. I think if
Mark Asquith:we, if we take the consumer angle first, podcast
Mark Asquith:listening has grown and grown and grown. It's now
Mark Asquith:in the lexicon, it's now mainstream.
Sadaf Beynon:Yeah.
Mark Asquith:And what that has caused is more bigger media
Mark Asquith:companies. You know, we were purchased by Global.
Mark Asquith:We. One of our podcasts that launched 14 months
Mark Asquith:ago is just about to hit 100 million downloads
Mark Asquith:aggregate.
Sadaf Beynon:Oh, wow.
Mark Asquith:Yeah, it's a huge show. And there's. We've got a
Mark Asquith:lot of those shows. And the general podcast
Mark Asquith:listener has got so much more choice of high
Mark Asquith:quality talent coming into the space and creating
Mark Asquith:great shows. So that's the first thing the
Mark Asquith:targeted listener, the business owner that might
Mark Asquith:be listening to Podjunction actually has got so
Mark Asquith:many other shows to choose from. You know, we
Mark Asquith:want them to choose Podjunction, but they could
Mark Asquith:choose other shows, whereas before they couldn't.
Mark Asquith:So I think that's one element of it, is that the
Mark Asquith:listener is much more savvy. They're aware that
Mark Asquith:it's not just for the nerds and it's not just for
Mark Asquith:education and the gurus. And then I think you're
Mark Asquith:right on the other side of that coin, you know, a
Mark Asquith:lot of people started podcasts having bought a
Mark Asquith:podcasting course from someone whose
Mark Asquith:entrepreneurial vision was to sell podcasting
Mark Asquith:courses. Like, they weren't making money from
Mark Asquith:their podcast, they were making money because
Mark Asquith:they were teaching people how to podcast. And
Mark Asquith:Then they built an audience, sold sponsorships,
Mark Asquith:and that's cool. But a lot of gurus back then,
Mark Asquith:what they were doing is saying they were
Mark Asquith:entrepreneurs and business people and trying to
Mark Asquith:teach business when actually they were just
Mark Asquith:podcasters. And that's great. There were
Mark Asquith:podcasters that were making money from
Mark Asquith:sponsorships, but not every podcaster can do that
Mark Asquith:and not every podcaster can monetize an audience
Mark Asquith:on the back end. So a lot of these people bought
Mark Asquith:these courses or they bought the things from the
Mark Asquith:gurus, realized it's not, it's really not as rosy
Mark Asquith:as it was painted, and decided that actually, do
Mark Asquith:you know what, I'm either going to quit and a lot
Mark Asquith:did, or I love talking and I love sharing my
Mark Asquith:message, but I'm actually going to reevaluate my
Mark Asquith:mission with my podcast or I'm going to
Mark Asquith:reevaluate the type of effort that I put into my
Mark Asquith:podcast in order to get the results. So, yeah, I
Mark Asquith:do think there's been a couple of big tectonic
Mark Asquith:shifts that have caused that change in behavior.
Sadaf Beynon:Yeah, that's cool. What kinds of things do you
Sadaf Beynon:think businesses need or podcasters who are using
Sadaf Beynon:their podcast to grow their business? What kind
Sadaf Beynon:of things do they need to be doing in that
Sadaf Beynon:podcast to help growth for their business?
Mark Asquith:Well, I mean, you got to have good content, you
Mark Asquith:know, it can't just be, get someone on, interview
Mark Asquith:them the same format as everyone. Because I'll
Mark Asquith:just say the same stuff. I'll just say the same
Mark Asquith:stuff on every podcast. I can't help it because
Mark Asquith:if you ask me the same questions, I will say the
Mark Asquith:same stuff. It's inevitable. So I think you've
Mark Asquith:got to plan your content out more. I think you've
Mark Asquith:got to be better as a podcaster. We all have to
Mark Asquith:capture the right, capture the right news bites,
Mark Asquith:the right one liners, the right sound bites that
Mark Asquith:you can use to build a conversation around. And
Mark Asquith:if that's, if you're doing an interview show and
Mark Asquith:but I think overall you have got to produce the
Mark Asquith:content that is real good quality, deep dive
Mark Asquith:stuff. It's not just top level, let's get an
Mark Asquith:episode out. Because we've said we're going to
Mark Asquith:put an episode out every Tuesday, actually. Let's
Mark Asquith:be purposeful about it. And I think one of the
Mark Asquith:other things is that people don't design their
Mark Asquith:podcast. What they do is they'll turn up and
Mark Asquith:they'll just go, right, you know what, get a mic,
Mark Asquith:we'll do some interviews. That's cool. And the
Mark Asquith:problem with that is that they don't think
Mark Asquith:through the rest of it. All right? They don't
Mark Asquith:think through the rest of it. So what they don't
Mark Asquith:do is say, right, what, what's the outcome that
Mark Asquith:we want with this podcast? Well, the outcome is
Mark Asquith:let's say that I'm an accountant, right?
Mark Asquith:Accountant is boring, but it's vital. So let's
Mark Asquith:try and, let's try and make it a little bit less
Mark Asquith:boring. But actually, let's not forget that it is
Mark Asquith:vital. And what do we want out of this? We might
Mark Asquith:want leads, but actually, realistically, how do
Mark Asquith:we get leads? Are we going to get people on an
Mark Asquith:email list? Are we going to do some social
Mark Asquith:interaction? Have we got a proper funnel in
Mark Asquith:place? How are we going to get people to take
Mark Asquith:some action and channel, shift them to something
Mark Asquith:else, you know, move them from a podcast and
Mark Asquith:shift them to a different channel, whether that
Mark Asquith:is an email list or whatever. And people don't
Mark Asquith:design that. So what they tend to do is they
Mark Asquith:might have, let's say they've got a lead magnet,
Mark Asquith:right? Real basic stuff from back in the day.
Mark Asquith:They've got a lead magnet. Download my ebook on
Mark Asquith:how to, you know, whatever. How to save 5% of
Mark Asquith:your tax every year by making sure you're
Mark Asquith:claiming the right things. Whatever, whatever.
Mark Asquith:But what they do is they start an episode and
Mark Asquith:say, hey, what's going on? This is, this is the,
Mark Asquith:the Accountancy 101 podcast. My name is Mark.
Mark Asquith:Don't forget to subscribe to the email list at
Mark Asquith:such and such and don't forget to tell your
Mark Asquith:friends about the show and listen on Apple,
Mark Asquith:Spotify. Oh, and go to this website and do this
Mark Asquith:thing. Follow us on social media, blah, blah,
Mark Asquith:blah. They forget that. Actually, that's, that's
Mark Asquith:too much cognitive load. People get overwhelmed
Mark Asquith:by that. Instead, the biggest design mistake
Mark Asquith:people make with the podcast is not just having
Mark Asquith:one single call to action. Yeah, you know,
Mark Asquith:welcome to Accountancy 101 today. Five ways that
Mark Asquith:you can save money on your tax bill by claiming
Mark Asquith:the right expenses. If you need more of this, go
Mark Asquith:and get the checklist@markasquith.com 101.
Mark Asquith:Speaking of which, here's my guest and we're
Mark Asquith:going to talk about X, Y and Z. Then three
Mark Asquith:minutes later. Yep, that's a really great point.
Mark Asquith:And remember, you the listeners, don't forget
Mark Asquith:markazquist.com101 it gets you the thing. And
Mark Asquith:then 10 minutes later, really lovely stuff. Love
Mark Asquith:chatting. We are going to switch gears in a sec.
Mark Asquith:But remember, markazcrift.com 101 and now a lot
Mark Asquith:of people don't do that. They think they've got
Mark Asquith:to do everything, they've got to say everything.
Mark Asquith:And no one's going to move. No one will go and
Mark Asquith:follow you on social. No one will go and do that
Mark Asquith:because what's the point? They don't want to.
Mark Asquith:They're not there for that. They're in the gym,
Mark Asquith:they're walking, they're doing the housework,
Mark Asquith:they're in the car. They're not doing that. What
Mark Asquith:we've got to do is get to that memory. We've got
Mark Asquith:to, we've got to embed, just like all touch
Mark Asquith:points in marketing is, embed ourselves in the,
Mark Asquith:in the memory. So that the next time something
Mark Asquith:spurs me to think about the topic, I'll think,
Mark Asquith:oh, actually that's it. That's in the back of my
Mark Asquith:head. I'll, oh, yeah, I forgot about that. I
Mark Asquith:should go and do that. So that's the, that's the
Mark Asquith:single biggest design mistake that small business
Mark Asquith:podcasters make, is that they think about
Mark Asquith:everything. They think about covering everything.
Mark Asquith:We used to do for the design agency. This is a
Mark Asquith:really bizarre sort of analogy. We used to, we
Mark Asquith:had a client who wanted us to do the, we did all
Mark Asquith:their website, all their branding and everything.
Mark Asquith:And we had their, they wanted us to design some
Mark Asquith:wraps for their van. You know, the library for
Mark Asquith:the van. Right. And this, this company did, they
Mark Asquith:did plumbing, heating, gas, engineering, air
Mark Asquith:conditioning. They did ground source heat, pumps,
Mark Asquith:solar panels, the lot. And they said, we want
Mark Asquith:every service we do on the back of our van. And
Mark Asquith:we said to them, you probably don't actually, you
Mark Asquith:probably just need the word for everything.
Mark Asquith:Plumbing, heating and engineering. Yeah, here's
Mark Asquith:my phone number. And they were staunchly against
Mark Asquith:it. I was like, well, that's cool. But I'm pretty
Mark Asquith:sure that's the wrong way. Sure enough, they came
Mark Asquith:back a few months later. Matt, no one can read
Mark Asquith:this at 70 mile an hour. Yeah. Really. Nowhere.
Mark Asquith:Nowhere. And the point is, it's, you know, it's a
Mark Asquith:very simple change that many small businesses can
Mark Asquith:make. And a lot of people don't get traction for
Mark Asquith:the podcast from the podcast because of this.
Mark Asquith:They'll say, well, I'm doing this podcast and
Mark Asquith:it's costing me money and I'm not getting
Mark Asquith:anything from it. Yeah. Because the listener
Mark Asquith:doesn't know what you want them to do. Right. So
Mark Asquith:that's a huge thing. And like quite literally,
Mark Asquith:95% small business podcasters make that mistake.
Mark Asquith:So fix that. And that's a huge thing done.
Sadaf Beynon:And what's a good, what's a good cta?
Mark Asquith:Whatever is mapped to your own process. So if we
Mark Asquith:use the example of. Well, there's two, there's
Mark Asquith:two ways to think about this. One, there's the,
Mark Asquith:there's the online CTA if we want people to
Mark Asquith:channel shift through. So let's use the E book as
Mark Asquith:an example. I'm an online entrepreneur. I want to
Mark Asquith:sell consulting services, coaching services,
Mark Asquith:ebook products, whatever. I want to sell courses,
Mark Asquith:whatever. You've got to, got to, got to, got to
Mark Asquith:find out what people are wanting, do your survey
Mark Asquith:data, figure out what people want and then
Mark Asquith:basically just find a way to give them a really
Mark Asquith:value packed solution. Great example of this
Mark Asquith:would be we sell a hosting platform called
Mark Asquith:Captive. We want people that want to start a
Mark Asquith:podcast or have already got a podcast and are
Mark Asquith:serious about growing their podcast. Right. We
Mark Asquith:surveyed the audience, real deep dive survey.
Mark Asquith:Went through a range of open ended questions,
Mark Asquith:siphoned through the answers and came up with the
Mark Asquith:fact that there are probably four things. Only
Mark Asquith:four. One of these things will stop you starting
Mark Asquith:a podcast. So we created a course and a quiz
Mark Asquith:that's all free. That is our lead magnet. And
Mark Asquith:that's the one lead magnet. Because we know it
Mark Asquith:hits our audience.
Sadaf Beynon:Yeah.
Mark Asquith:On the other side of it, that might not work.
Mark Asquith:It's not going to work for the plumbing company.
Mark Asquith:It's not going to work for the local electrician.
Mark Asquith:It's, it isn't. So the call to action might be if
Mark Asquith:I'm, if I'm John, the local electrician and I've
Mark Asquith:got a, I've got a podcast, a local podcast.
Mark Asquith:Actually. My goal is not to have an electrician's
Mark Asquith:podcast. It's to have a podcast about the village
Mark Asquith:that I live in or the town that I live in. It
Mark Asquith:just so happens to be sponsored by my company,
Mark Asquith:the electrical company. And what's the thing
Mark Asquith:you've got to remember? My name, my name, my
Mark Asquith:name, my name. Oh, guess what? Here's what you
Mark Asquith:search for to Google me. So the call to action
Mark Asquith:might just be, you know, welcome to the
Mark Asquith:Manchester local podcast. This has been great.
Mark Asquith:Remember, this is brought to you by John's
Mark Asquith:Electrical. So it's John's Electrical Manchester
Mark Asquith:for everything that you need. And that's it.
Mark Asquith:That's all you say? Keep saying that. So there's
Mark Asquith:no right answer to what is the right cta, the
Mark Asquith:right call to action. It has to be mapped to the
Mark Asquith:business goals and to that, that wider marketing
Mark Asquith:strategy. So and again, that's something that
Mark Asquith:many small businesses just don't have, is a
Mark Asquith:strategy. They're just like, we exist, people
Mark Asquith:will probably come and they don't. We know that.
Sadaf Beynon:Yeah, yeah, yeah. So I'm just thinking in terms
Sadaf Beynon:of email addresses, you mentioned that earlier
Sadaf Beynon:too. Like, is there a cta? Like, if you're trying
Sadaf Beynon:to get email addresses, is a lead magnet the
Sadaf Beynon:right way to go?
Mark Asquith:Yeah. If you're trying to get email addresses,
Mark Asquith:you just got to have one simple, easy to remember
Mark Asquith:URL to send people to. Markazwith.com 101.
Mark Asquith:Whatever. You know, that's not a real thing, but
Mark Asquith:assume it is. And it's got to be memorable. It's
Mark Asquith:got to be quick. Yeah. Get it in your show notes
Mark Asquith:and whatever else that's obvious. Talk about it
Mark Asquith:online, whatever. But it's got to be quick. It's
Mark Asquith:got to be memorable. It has to be somewhere that
Mark Asquith:is, that looks trustworthy. It's got to be
Mark Asquith:somewhere that doesn't have, like the SSL
Mark Asquith:certificate issues, doesn't have any issues with
Mark Asquith:your website. It's got to look good, it's got to
Mark Asquith:be well designed, well thought out, well
Mark Asquith:structured, good copyright and good photography.
Mark Asquith:But it's got to be simple to remember. And it
Mark Asquith:just got to be one small thing. You know, I could
Mark Asquith:say to you, you know, if let's assume I sponsor
Mark Asquith:Podjunction and you say to me, our audience are
Mark Asquith:looking to start a podcast for their small
Mark Asquith:business, you might say, right, Mark, can you
Mark Asquith:record an advert and we'll put it in and that's
Mark Asquith:what you get for your sponsorship. Let's assume
Mark Asquith:that I want to use that course as the lead
Mark Asquith:magnet, which is essentially the same as an email
Mark Asquith:list.
Sadaf Beynon:Yeah.
Mark Asquith:You know, you're signing up for something, you're
Mark Asquith:going to use it. My structure of my advert would
Mark Asquith:be, are you a small business looking for more
Mark Asquith:leads and want to grow through podcasting? Well,
Mark Asquith:did you know there are actually only four reasons
Mark Asquith:that you will not launch your podcast this month?
Mark Asquith:Don't find out what the one big stopper is right
Mark Asquith:now by answering two questions. Captivate.fmm,
Mark Asquith:slash, podcast, whatever. It's quick, it's
Mark Asquith:simple. But what I've done is, I've said I've
Mark Asquith:done the alignment part. Are you a this?
Sadaf Beynon:Yeah, I.
Mark Asquith:And then I've done the aspiration part and you're
Mark Asquith:wanting to do X with Y. However, I know my
Mark Asquith:research, I've done the research, so I know that
Mark Asquith:I can say, however, you're probably struggling
Mark Asquith:with something But I'm not going to tell you what
Mark Asquith:the something is because my job is to help you to
Mark Asquith:go to my website where the free diagnosis will
Mark Asquith:get you into the course. So that. It's a, It's a
Mark Asquith:very quick methodology.
Sadaf Beynon:Yeah.
Mark Asquith:But it gets people thinking. And I think if you
Mark Asquith:can push people to thinking like that, the calls
Mark Asquith:to action become way more effective and you need
Mark Asquith:far fewer listeners to achieve much greater
Mark Asquith:results with your podcast. So that's, that's
Mark Asquith:quite a big thing to remember.
Sadaf Beynon:Yeah, yeah, that makes sense. Apart from a great
Sadaf Beynon:cta, is there other ways that a podcaster who's
Sadaf Beynon:using their podcast to grow their business can
Sadaf Beynon:turn their customers, or, sorry, their listeners
Sadaf Beynon:into customers?
Mark Asquith:I mean, the only. If you were to not put any call
Mark Asquith:to action in, the only thing that you're doing is
Mark Asquith:positioning yourself as the thought leader.
Sadaf Beynon:Right.
Mark Asquith:And that will just have a big, long lasting, long
Mark Asquith:tail halo effect. That's it. It will just, it
Mark Asquith:might lead to something in a few years when
Mark Asquith:someone's seen you here and they've seen you on
Mark Asquith:your podcast, they've seen you an event, they've.
Mark Asquith:They've done some research because they're now
Mark Asquith:looking for an electrician. Oh. And actually
Mark Asquith:that's the person from the podcast. I forgot
Mark Asquith:about them.
Sadaf Beynon:Yeah.
Mark Asquith:So they feel a bit more, bit more relatable to
Mark Asquith:me, you know, so it's not. If you were using your
Mark Asquith:podcast for small business, you have to do
Mark Asquith:something to get people to do something. You
Mark Asquith:know, you can't just put. It's like just writing
Mark Asquith:blog posts and expecting people to do something
Mark Asquith:on your website, that's cool. But unless there's
Mark Asquith:a big call to action on the. In the middle of
Mark Asquith:your blog post two or three times, or the website
Mark Asquith:set up to actually encourage people to do other
Mark Asquith:things after they've read the blog post, they'll
Mark Asquith:just read the blog post and off they go then. And
Mark Asquith:you don't get anything from it. So that's a big
Mark Asquith:miss, in my opinion.
Sadaf Beynon:Yeah. Sounds more like. When you're listening to
Sadaf Beynon:you talk, it sounds more like a slow burn,
Sadaf Beynon:doesn't it?
Mark Asquith:Oh, yeah. And it wouldn't. You'd have to. You
Mark Asquith:would struggle to set up, set it on fire because
Mark Asquith:it simply wouldn't burn. It would just.
Sadaf Beynon:Yeah.
Mark Asquith:People would come into your content, they'd leave
Mark Asquith:the content that you'd done and there'd be none
Mark Asquith:the wiser on how to get to know you, how to
Mark Asquith:contact you, you know, what you can really do to
Mark Asquith:help them, which is pointless. You May as well
Mark Asquith:start a comedy podcast, or you may as well start
Mark Asquith:a Star wars podcast and just enjoy it, you know,
Mark Asquith:because if it's. This is the really specific
Mark Asquith:thing, like, you can do that in podcasting, but
Mark Asquith:you've got to be an entertainment podcast to do
Mark Asquith:it. And if you're a small business, we only do
Mark Asquith:things that have impact.
Sadaf Beynon:Yeah.
Mark Asquith:And thus we need to tell people what to do next.
Mark Asquith:So it's. Yeah, it's pretty commonsensical when
Mark Asquith:you really think about it, but it's. People
Mark Asquith:forget about it. Because, look, let's be honest,
Mark Asquith:you know, I don't start my electrical business to
Mark Asquith:become a quote unquote entrepreneur or a marketer
Mark Asquith:or a sales guru. I started to be an electrician
Mark Asquith:and just want to make some money to pay my
Mark Asquith:mortgage. You know, I don't want to learn these
Mark Asquith:other things. So it's forgivable to forget about
Mark Asquith:it.
Sadaf Beynon:Something you said at the. Earlier, earlier on in
Sadaf Beynon:the. In the podcast was what, you know, when,
Sadaf Beynon:when you started doing your classic interview
Sadaf Beynon:style ones. One was to help other small
Sadaf Beynon:businesses, and two was to establish yourself or
Sadaf Beynon:position yourself as a thinker, slash thought
Sadaf Beynon:leader. Yeah. So about thought leadership then.
Sadaf Beynon:How can podcasters who are in this space, like,
Sadaf Beynon:who'd be listening to Podjunction, how can they
Sadaf Beynon:leverage their show to establish themselves as
Sadaf Beynon:thought leaders in their particular industry?
Mark Asquith:The thing you cannot do is be boring and
Mark Asquith:forgettable. You've got to have an opinion, be
Mark Asquith:willing to listen to counter arguments against
Mark Asquith:that opinion. Be willing to be flexible and open.
Mark Asquith:But you have to have something to say. You have
Mark Asquith:got to be willing to not try to please everyone,
Mark Asquith:because if you please everyone, you ain't
Mark Asquith:pleasing anyone. You've got to be willing to
Mark Asquith:understand that every time I say something about
Mark Asquith:podcasting, someone might like it and the other
Mark Asquith:person might hate it. And I'm all right with
Mark Asquith:that. I'm not everyone's cup of tea. That's cool.
Mark Asquith:I don't care because it helps me to filter out
Mark Asquith:the right people. Now, Dave Jackson, great friend
Mark Asquith:of mine, wonderful podcast educator, might say
Mark Asquith:the exact same words as me, but he says it in
Mark Asquith:Dave's way and with Dave's tone. And the person
Mark Asquith:that hates what I say might love when Dave says
Mark Asquith:it and vice versa. And that's a big thing, is
Mark Asquith:that you can't be a thought leader if you don't
Mark Asquith:think. You know, thought leadership and
Mark Asquith:authenticity and all this stuff just became this
Mark Asquith:kind of ethereal rubbish about eight, nine years
Mark Asquith:ago. And it was like, oh, I'll be A thought
Mark Asquith:leader by just putting anything out there? Well,
Mark Asquith:no, to be a thought leader, you gotta think.
Mark Asquith:You've got to have your opinion, your view, your,
Mark Asquith:your method and way of articulating things. And
Mark Asquith:I'm, I'm very specific in the way that I do that.
Mark Asquith:You know, I'm, I'm, I am, I'm very quite
Mark Asquith:outspoken. If I see something that I think is
Mark Asquith:rubbish, I'll just say that's clearly rubbish and
Mark Asquith:here's the reasons that I think it's rubbish. And
Mark Asquith:if you disagree, present your reasons. And if I'm
Mark Asquith:wrong, then I will happily learn from it. But
Mark Asquith:right now I think that's rubbish. And I will
Mark Asquith:happily say that. Whereas a lot of people, small
Mark Asquith:businesses, they don't want to do that. You know,
Mark Asquith:that's not us. We don't want to, we don't want to
Mark Asquith:annoy anyone. Well, by simply putting anything
Mark Asquith:out online, you are already annoying someone. You
Mark Asquith:are, you are. You can be as gray and as beige and
Mark Asquith:as boring and as completely lackluster as you
Mark Asquith:want and sit on as many fences as you want, you
Mark Asquith:will still annoy someone. So you may as well do
Mark Asquith:it with a bit of gusto and actually have
Mark Asquith:something to say. And that's, that is a huge
Mark Asquith:thing that people simply are scared to do.
Sadaf Beynon:I feel like the words thought leader has become a
Sadaf Beynon:bit of a, like a buzzword. I think everyone wants
Sadaf Beynon:to be a thought leader, but I think listening to
Sadaf Beynon:you speak, there's an element of one. Of course,
Sadaf Beynon:you got to be, you got to know your stuff and
Sadaf Beynon:think about it and have an opinion on things. You
Sadaf Beynon:know, put your, put that stake in the ground. But
Sadaf Beynon:also there's an element of being in the trenches
Sadaf Beynon:and really understanding it. It's not just having
Sadaf Beynon:an opinion, it's actually really knowing from
Sadaf Beynon:the. Knowing it inside out, if that makes sense.
Mark Asquith:It's like you can't, yeah, you can't, you can't
Mark Asquith:sort of be the Dunning Kruger effect personified.
Mark Asquith:You can't just have a little bit of knowledge and
Mark Asquith:assum. Know everything and then go out renegade.
Mark Asquith:Yeah, you know, you've got it. If you're going to
Mark Asquith:position yourself as a thought leader, then
Mark Asquith:you've got to be the second part of that, which
Mark Asquith:is the leader part of it. And then you've also
Mark Asquith:got to be not necessarily an expert, but you've
Mark Asquith:got to have enough knowledge and enough well
Mark Asquith:rounded knowledge to understand all aspects of
Mark Asquith:the topic that you're talking about. Like, I
Mark Asquith:understand every aspect of podcasting, you know,
Mark Asquith:I'm here running Captivate and we work with indie
Mark Asquith:podcast creators that are just starting. We work
Mark Asquith:with established creators, but yet we also work
Mark Asquith:with shows with, you know, 300, 400,000 downloads
Mark Asquith:an episode, massive advertisers, people that are
Mark Asquith:monetizing through memberships and tipping. We
Mark Asquith:understand how the advertising systems were, the
Mark Asquith:technicalities of it, but also the contractual
Mark Asquith:and commercial elements of it. And yet I also can
Mark Asquith:Turn up at PodFest and talk to someone that is
Mark Asquith:starting a podcast because they want to help kids
Mark Asquith:to get scholarships, you know, and you've, you've
Mark Asquith:got to be well rounded enough to do that. And
Mark Asquith:that's. I mean, we know this already is that you
Mark Asquith:can only have a well formed opinion if you know
Mark Asquith:all sides of the tail. And it's the same with
Mark Asquith:anything. So you're absolutely right. You can't
Mark Asquith:just, you can't just show up and be renegade for
Mark Asquith:no reason.
Sadaf Beynon:I know time is short, Mark, but just want to
Sadaf Beynon:switch gears slightly over here and ask you to
Sadaf Beynon:tell us a bit more. I know you've mentioned
Sadaf Beynon:Captivate and some of the stuff that you guys do
Sadaf Beynon:there, but I was wondering if you could maybe
Sadaf Beynon:talk to how it might address needs of business
Sadaf Beynon:podcasters in particular.
Mark Asquith:Yeah, business people are busy. I'm a business
Mark Asquith:person, I'm busy, don't have time for anything.
Mark Asquith:And when you create a podcast, there are so many
Mark Asquith:moving parts to that. And what we've done with
Mark Asquith:Captivate is, yes, we're a hosting platform that
Mark Asquith:will distribute and monetize your podcast through
Mark Asquith:Apple, Spotify and wherever else, but we're also
Mark Asquith:a podcast management system. So we'll. Well, our
Mark Asquith:promises will either save you money, make you
Mark Asquith:money, or save you time. Signing up to Captivate,
Mark Asquith:we'll do one or more of those three things, and
Mark Asquith:we do that through connecting all the dots. So
Mark Asquith:many people use things like Calendly to book
Mark Asquith:their guests, and they use Notion or Evernote to
Mark Asquith:research their guests. Captivate actually has.
Mark Asquith:Well, we've got a calendar and guest booking
Mark Asquith:system built in, interview management built in.
Mark Asquith:We've got episode research and planning tools
Mark Asquith:built in all in one place so that, guess what?
Mark Asquith:You don't have to write your show notes, you
Mark Asquith:don't have to worry about your website. You don't
Mark Asquith:have to worry about that. Captivate does that
Mark Asquith:element all for you. And there's a lot of that.
Mark Asquith:It's not just those elements. That's very much
Mark Asquith:the mantra of Captivate is that we will, we will
Mark Asquith:help you to run and to grow your podcast. With
Mark Asquith:very few moving parts, it becomes very simple to
Mark Asquith:access really powerful things that are usually
Mark Asquith:reserved for the top tier podcasters. If you're a
Mark Asquith:startup podcast now, using Captivate, you can
Mark Asquith:have access to the same kind of tools that the
Mark Asquith:biggest podcasts in the world use. And it's not
Mark Asquith:going to cost you any more and it's going to save
Mark Asquith:you that time. So it's. Yeah, we're a very
Mark Asquith:specific company that work with a very specific
Mark Asquith:type of podcaster. If a podcaster identifies as
Mark Asquith:being serious about growing their audience,
Mark Asquith:Captivate's generally the best hosting platform
Mark Asquith:for them.
Sadaf Beynon:Yeah, yeah, we've been using Captivate for
Sadaf Beynon:several years now and it really is a great, a
Sadaf Beynon:great platform and it's been really beneficial
Sadaf Beynon:for us and we do quite a few different podcasts
Sadaf Beynon:as well. So yeah, it's just great to have
Sadaf Beynon:everything on one in one place. And yeah, the
Sadaf Beynon:tools are really helpful for businesses. Yeah,
Sadaf Beynon:thanks.
Mark Asquith:Thank you. Very kind.
Sadaf Beynon:So Mark, just quickly, any key lessons that you,
Sadaf Beynon:that you've learned about using podcasts for
Sadaf Beynon:business growth?
Mark Asquith:Yeah. Design something that's entertaining, even
Mark Asquith:if it's intended to be educational, make it
Mark Asquith:entertaining because that is what helps you to
Mark Asquith:stand out. The second thing is that one call to
Mark Asquith:action. Design a call to action that will serve
Mark Asquith:your business well. Usually it's something that
Mark Asquith:would, if we were going traditional on our
Mark Asquith:marketing would sit a little bit higher up the
Mark Asquith:funnel. You know, something awareness led that
Mark Asquith:moves people from the attention and the interest
Mark Asquith:to the desire stage and then the action stage, it
Mark Asquith:sits somewhere around there. And then the third
Mark Asquith:thing would be, podcasting is very much a long
Mark Asquith:term thing. It's not something that will make you
Mark Asquith:millions straight away, but it is something that
Mark Asquith:if you persist with it and you're consistently
Mark Asquith:good with it and you think about it as a long
Mark Asquith:term channel strategy, it's something that will
Mark Asquith:continue to serve you even if you stop
Mark Asquith:publishing. Your brand will be out there. It'll
Mark Asquith:be part of the, part of the experience of your
Mark Asquith:brand and it will, it will serve you beyond the
Mark Asquith:effort that you put into it if you treat it with
Mark Asquith:that time and respect that I think it needs in
Mark Asquith:the early days. And I think if you can do those
Mark Asquith:things that puts you, that puts you in the top
Mark Asquith:five, 6% of small businesses out there using
Mark Asquith:podcasting. Because I think so many people just
Mark Asquith:simply don't do the basics like that.
Sadaf Beynon:Yeah, perfect. Thank you. And another thing,
Sadaf Beynon:within 60 seconds, can you tell me why you think
Sadaf Beynon:podcasting is a great tool for growing one's
Sadaf Beynon:business.
Mark Asquith:When it comes to growing your business, there's
Mark Asquith:no easier method of becoming well known within
Mark Asquith:your niche than using podcasting. There's no
Mark Asquith:other medium that allows you to craft a story
Mark Asquith:that relates to your business in such a strong
Mark Asquith:way, whilst positioning you as a thought leader
Mark Asquith:and allowing you to move people from listening to
Mark Asquith:your podcast and enjoying you as the thought
Mark Asquith:leader into doing something where they end up
Mark Asquith:working with you, whether that's a product,
Mark Asquith:service or something else. By using podcasting,
Mark Asquith:you can become the person that people think of.
Mark Asquith:That becomes synonymous with solving the problems
Mark Asquith:that they're trying to solve. And very often,
Mark Asquith:because they already know you, they trust your
Mark Asquith:voice, they've listened to you for such a long
Mark Asquith:time. It becomes easier to make money using that
Mark Asquith:and that relationship, and you can nurture that
Mark Asquith:into a lot of lifetime value. That goes both
Mark Asquith:ways. Yes, you earn your revenue, but your
Mark Asquith:customers get so much more from it as well. So
Mark Asquith:it's a very powerful medium.
Sadaf Beynon:Yeah. Fantastic. Thank you. Thanks very much,
Sadaf Beynon:Mark. Really appreciate you joining us today.
Sadaf Beynon:It's great to talk with you. Where can our
Sadaf Beynon:listeners find more information about you?
Mark Asquith:Captivate.fm is the place. It's got everything on
Mark Asquith:there. The hosting stuff, it's got my details on
Mark Asquith:there. It's got the courses, it's got everything.
Mark Asquith:Yeah, just Captivate.fm.
Sadaf Beynon:Awesome. Thanks again, Mark.
Mark Asquith:My pleasure. Thank you.
Sadaf Beynon:And to our listeners, thank you for tuning in to
Sadaf Beynon:Podjunction podcast. I hope today's episode
Sadaf Beynon:inspires you to think creatively about how you
Sadaf Beynon:too can leverage podcasting for your own business
Sadaf Beynon:growth. Be sure to check out Mark's podcast and
Sadaf Beynon:to reach out to him. The links will be on the
Sadaf Beynon:show notes and if you found this episode helpful,
Sadaf Beynon:we'd love for you to leave a review or share it
Sadaf Beynon:with someone who could also benefit. I'm Sada
Sadaf Beynon:Benin. Thanks for listening. Bye for now.