Tag Archives: affiliate

Unique Podcast JV Approach – PTC 333

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One way to monetize your podcast is through joint venture or JV partnerships. When partners help each others grow and market, your audience and business can rapidly hit new levels.

A joint venture in business is different than a JV partnership in online marketing and business.

THE JV DIFFERENCE

In business, a joint venture is a business entity that is created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.

Companies will typically create a joint venture for one of four different reasons. The businesses might look to gain access a new market. A joint venture could help the businesses gain scale efficiencies by combining assets and operations. This relationship could help share risk for major investments or projects. The companies might want to access skills and capabilities of the other company.

When it comes to online marketing JV partnerships, some of these reasons hold true, but not all. For infopreneurs, the definition is a little more broad and loosly defined.

A marketing JV partnership in online business typically involves two or more parties pooling their resources and expertise to achieve a particular goal. The risks and rewards of the enterprise are also typically shared. In these cases, ownership and governance is typically NOT shared like it is with traditional business.

ONLINE JV

As a podcaster, you might promote a product or service from an expert. With an affiliate agreement, you would earn a commission with each sale. This is a straight up affiliate relationship.

When you are a joint venture partner, you take the relationship a little further. This JV partnership might include an interview on your podcast, an appearance on your partner’s summit or a co-promoted webinar.

A JV relationship is a deeper partnership than a standard affiliate relationship.

You could promote Amazon products on your podcast. There are many affiliate products to promote from sites like ClickBank or JVZoo. You typically won’t interview the owners of these products. You simply promote and earn a commission.

If you attend an online event intended to meet partners such as Collaborate (www.PodcastTalentCoach.com/collaborate), you create a relationship where you each help each other reach their goals.

JV EXAMPLE

For instance, I met Steve Eriksen at Collaborate. Steve runs Midlife Solopreneur at www.MidlifeSolopreneur.com. He helps and supports solopreneurs with mindset, marketing, sales and much more.

As Steve and I became JV partners, I promoted his summit. He invited me to appear on his summit. I interviewed him on my podcast. He promoted my last webinar. Steve is now helping me build my next giveaway.

Along the way, Steve earned a commission from my courses that sold through his affiliate link with me. I earned commissions from his courses that sold through my affiliate link with him. But it was more than just affiliate sales. It was a partnership. We helped each other get exposure.

I have met dozens of partners through Collaborate in this way. If you would like to attend the next one, visit www.PodcastTalentCoach.com/collaborate for all of the details.

VARIETY

There are a variety of ways to create JV relationships with partners. I’ve mentioned a few there with Steve. Podcast interviews, summits, and giveaways.

You could also speak at events, host a webinar together, include each other in newsletters or blog posts, shoot video together, create a product together, provide coaching for the other’s mastermind group, provide content for your partner’s membership site and a variety of other ways.

The key to a great JV partnership is being open-minded. If you are willing to talk, brainstorm and try things, you’ll find success. The first idea typically doesn’t work. Learn from it and try something else.

UNIQUE JV APPROACH

Today, I would like to show you one example of being creative and finding a way that works for you.

Marc Mawhinney is a lifelong entrepreneur who helps coaches get more clients without paid advertising! He achieves this with his coaching programs along with his popular Natural Born Coaches podcast, his Facebook group The Coaching Jungle, and his exclusive print newsletter – Secret Coach Club.

Marc has been a speaker at events like Social Media Marketing World, Entrepreneur City Live, and the TP3X conference. He has also been my coach and helped me achieve some pretty big things.

During our chat, Marc will tell you how his flat fee JV approach works as one way to generate revenue with his podcast. You can also learn all about it at www.PodcastTalentCoach.com/flatfee, which is my affiliate link for it. (See how that works?)

We also talk about how to get into coaching, why a support group is helpful and a few coaching mishaps along the way.

Grab a pen and paper and enjoy my chat with Marc Mawhinney of Natural Born Coaches podcast.

If you don’t have a mentor who can take your hand and walk you every step of the way, go to www.PodcastTalentCoach.com/apply, click the button and apply to have a chat with me. We will develop your plan and see how I can help and support you to achieve your podcast goals.

Help With Getting Booked As A Guest and Choosing Content – Episode 195

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Help With Getting Booked As A Guest and Choosing Content – Episode 195

Getting Booked
Copyright: antoniodiaz / 123RF Stock Photo

I recently asked my tribe about the one thing they are struggling with most. This week, we are going to answer the questions and help you get over a few hurdles. We discuss getting booked as a guest, learning the technical side of affiliate marketing and choosing your content.

AFFILIATE MARKETING

One issue that is giving me trouble is the technical side of affiliate marketing.

There were many times when I wanted to give up my production and your show and enthusiasm kept me going! You are such a valuable resource for podcasting, thanks for giving meaningful and worthwhile content to make my podcasts better!

You’re awesome!

Elikqitie

“E”

Travel Gluten Free Podcast

 

EKJ: I have found the key to affiliate marketing is the help you provide your audience with your content before the pitch.

Pat Flynn does this best. He will provide 50 minutes of great content you can use on your show. Then, he will spend 10 minutes pitching you on a program that will help you do just that.

When Pat was rolling out his affiliate training program, he spent most of his time on the podcast episode teaching his listeners where to share affiliate links. At the end of the show, he rolled out the details of the course.

This style feels natural. It doesn’t drip of a sales job. Pat offers great help. Then if you would like more, check out the program. If not, no problem.

Listeners could use the info on sharing affiliate links without ever taking the course. As a listener, I felt I received value from the episode, even though there was a pitch at the end. A little give and take.

Had the episode been nothing but what the program can do for you, people would feel like they were listening to a time share hard sell. I am sure you have heard those programs that say, “If you want the details, buy the program.” This is the opposite. Help before you pitch.

With regard to the technical side, make sure you are selecting products you love. Find products that use an affiliate service you understand.

Pat says, “You can serve and sell.”

If you find many of the products or services in your niche use JVZoo or ClickBank or Amazon or Commission Junction, learn all you can about that one service. Study a few to determine which one you understand. Then, become a pro at that one.

Most affiliate programs give you a unique link to the program or service. When a person clicks on the link on your site, the affiliate site tracks the visitor back to you. That is how you get credit for the sale.

You simply put this link on your website. If you are using WordPress, this would go within a post. You can add a button, graphic or URL link. The affiliate site will give you the choice.

You want to find products or programs you love first. Never become an affiliate for something you haven’t used or are not passionate about.

Then, set up the funnel. Sign up for the affiliate program. Get your custom link. Create a blog post on your website about it. Hyperlink it with your custom link. Now, promote it.

Don’t make it harder than it is. Pat Flynn’s information about affiliate marketing is a great place to start. Check out his free resource “Affiliate Marketing the Smart Way“.

 

GETTING BOOKED

My biggest challenge is getting booked on other shows (radio and podcast) as a guest expert. What is best way to do this?

Dr. Mike Lorence

CEO & Founder

Path For Growth

 

EKJ:

There are two ways to become a guest on a show. One is leg work. The other is an interview service.

If you want to do the work on your own, you need to create the relationship first. You cannot show up on a blind date and ask to get married. You need to build familiarity and trust first.

You can do this by commenting on their social media posts. You can answer questions in the comments on those posts. You might consider sending them information they might find interesting or useful.

As Gary Vaynerchuk says, “Jab, jab, jab, right hook.” Give, give, give and then ask.

Find topics and subject matter that will interest your prospective host. What are they talking about on their show? What topics interest them? Where might there be gaps in their knowledge that you might fill?

When you find these interests, send them articles and content from others first. Give them resources they can use.

After you have started the conversation, work toward asking for the interview. Explain how you might help their audience with a topic within your expertise. How might you elaborate on a topic they have recently discussed or something in the news that fits their genre.

When you reach out, make it easy for the guest to say yes. Demonstrate knowledge of their podcast. Mention your area of expertise. List some sample questions they might ask that you can answer. Show benefit to the host and audience. Then, direct them to some of the shows you have appeared on in the past for social proof.

The biggest mistake I see people make when they are requesting to be a guest for interviews is the lack of knowledge about the podcast. I get many e-mails saying, “Hey, Erik. I would love to be an interview on your show. Here is my content.” It is obvious that this person has never listened to my show, because they would realize I have never interviewed anyone.

The other, much easier way is to hire a service. There are a few that do this sort of thing. It is their job to get you on podcasts. Check out:

 

www.PodcastGuests.com

www.InterviewValet.com

www.InterviewConnections.com

 

You can also search “podcast interview booking service”. You will see many results. If you go this way, check their references regardless of who you select.

I am not an affiliate for any of these sites. These are just sites that show up in my inbox every now and then.

You can spend time or money. You might choose a bit of both to see which works best for your niche.

 

CHOOSE YOUR CONTENT

I am struggling with knowing which content to put out.

– Richard Chelson

 

EKJ:

This could be taken two ways. Either you are having trouble coming up with topics, or you are having trouble deciding which topics would be desirable for your audience.

Let’s take each one separately.

If you are having trouble finding topics to discuss, your passion may not be your passion. Gary Vaynerchuk talks about this in his book “Crush It”. Gary suggests you come up with 50 blog post ideas before you start. This should take you about 10 minutes. If it takes longer, maybe your passion isn’t what you think it is. You should have a topic that you can discuss for days.

Don’t let the curse of knowledge get in your way. You may be thinking, “Everyone knows that.” Think back when you were just started. What didn’t you know? What is the first thing your listener needs to know to get started? Start there with your topics. Brainstorm and let them flow.

Now, if you have topics, but are not sure if your audience cares, I would first suggest you are approaching it in the wrong direction. You need to care first. If you are only looking for topics your audience enjoys, there is a good chance you could become bored.

You need to be interested in order to be interesting.

If you have topics that you love, but aren’t sure about your audience, look for discussions around that topic. Search groups and forums for questions. What is your audience already asking elsewhere? What do people ask you?

If one person has the question, there is a good chance others have it as well.

 

Whether it is getting booked, choosing your content, or some other aspect of your show, I’d love to help.

Do you have a question regarding your podcast? E-mail me any time at Coach@PodcastTalentCoach.com. Let’s see what we can do.

You can find my podcast and other tools to help you create great content at www.PodcastTalentCoach.com.

Let’s turn your information into engaging entertainment.