How I use data to make decisions about my podcast

In this episode of "Process to Profitability," I’m delve into the importance of analyzing podcast data to make informed business decisions. As the host of a podcast that may not be top-charting, I value the education and connections gained through my show. By evaluating factors such as download numbers, client referrals, and collaborations, I am able to assess the profitability and value of my podcast. I discuss how understanding download patterns and popular content helps shape future episodes, whether it's diving deeper into certain topics or featuring guests that resonate with my audience. By treating my podcast as an asset that drives clients and revenue, I am able to leverage its potential in growing my business. Tune in today to see how I’m using data to make decisions about the future of Process to Profitability.

Timestamps:

[00:00:44] How to use podcast data to make business decisions

[00:01:49] Podcasting is an investment that should have an ROI

[00:03:13] Looking at your download numbers

[00:05:15] Looking at the most popular content

[00:07:19] Looking at other ways you might see an ROI

[00:09:58] Take action to evaluate your marketing data

Key Takeaways:

Finding engaged guests willing to share detailed information on the podcast
Evaluating the value of a podcast beyond download numbers, considering education, connections, and client acquisition
The role of the podcast in forming valuable relationships with guests, leading to collaborations, referrals, and opportunities
Becoming known as an expert in the topic to attract speaking engagements and client relationships
Analyzing data from the podcast to determine ROI, looking at download numbers, spikes, and dips
The importance of making data-driven decisions in all aspects of business, treating the podcast as a valuable asset
Understanding the most popular content and types of episodes to create more of and plan future seasons
Recognizing the success of certain episodes, like the client gifting episode, to identify and replicate high-value content.