The Power of Podcast Marketing with Interview Valet Founder Tom Schwab Want the transcript? Download it here. In this episode, Barbara Turley speaks to Tom Schwab of Interview Valet about the rising relevance of podcasts especially with the current global crisis and the opportunities podcasts present to business owners everywhere. Some of the key points include: How to leverage your business with podcast and podcast guestings When to become a podcast host and/or a podcast guest. How to repurpose old podcasts in order to get more traffic and attract more listeners. Let us know what your key takeout has been from this episode and join the continuing conversation over in the Virtual Success Facebook Group. In this episode: 02:09 Why Podcasts are a brilliant marketing strategy 04:10 How to capitalise on Podcasts 06:39 What makes a great podcast guest 09:17 How to be different with Podcasts 12:16 Content amplification and repurposing 15:11 Growth of the podcast industry 18:46 Wrapping things Up Intro: Do you find yourself running out of time to accomplish your work? Are you spending time doing things that you’re not that good at? There are effective ways to outsource these tasks so you can focus on your business. This is the virtual success show. We bring the inside scoop on outsourcing success for entrepreneurs, by entrepreneurs. And now, here are your hosts, Matt Malouf, and Barbara Turley. Barbara Turley: Hey, everyone, and welcome back to another episode of the virtual Success Show where we are streaming live now online for our episodes of the show. I’m Barbara Turley, your host, I co-host this show with my good friend Matt Malouf. And today we’re here to talk about the very topical topic right now of podcasts and I’m joined by, good friend and someone I work very closely with, Tom Schwab from Interview Valet, who is the go to guy if you want to be talking about podcasts, you know, getting on podcasts, getting guests on your podcast. Welcome to the show, Tom, thanks for joining us today. Tom Schwab: Barbara, I am thrilled to be here. And there’s a lot of problems in the world. But there is no better time to be alive. We look at the technology that we have. And still, we can reach customers around the world. Barbara Turley: Absolutely, yes. So you know, like, guys, you guys watching the Facebook Live, you know that we are in a major crisis right now. There are many crises that happened throughout time. I have to say I was thinking today to myself, I’m old enough now to say that this is not my first rodeo with crises like this. We’ve had the 2008 financial crisis, we had the tech bubble collapse, and in my career, I’ve been through a couple of these. So it’s every crisis brings its own challenges, but I always feel that they’re crises nonetheless and some things that we do in business are the same. Now in this particular situation that we’re in right now. I feel podcasts are really gonna be it. So Tom, talk to us about, first of all, why podcasts, in general, are a brilliant marketing strategy for any business right now. But also why now specifically. Why Podcasts are a brilliant marketing strategy Tom Schwab: Well, the way I look at it is that every business’s biggest problem is obscurity, right? There are millions – thousands, millions of customers that you could serve right now, with your current product, your current offering, your current service. The only problem is they don’t know you exist. Right now a lot of people talk about breaking through the noise. Honestly, I think that’s like adding to the noise, right? The idea that I’m going to yell and somebody’s gonna hear me, I think is laughable, right? So, if I can get in on the conversation that my ideal customers are already listening to, that’s golden. If I can get introduced by somebody that is a trusted resource, a trusted friend of theirs, that’s golden. And really, that’s what podcasts and especially podcast interview marketing is all about, right? So, most of the people listening, watching, have no idea who Tom Schwab is, but they know who Barbara Turley is. They know the Virtual Success Show. They love that. And so there’s that transfer of authority. And so I think it’s a time-proven strategy, but it’s using current technology to connect with people in here. You know, here I am in Kalamazoo, Michigan. If I can do podcasts, and podcasts interviews from Kalamazoo, Michigan, you can do it from anywhere. Barbara Turley: And I’m in France, right? So I’m here in the French Alps actually, stuck in the middle of the virus thing that’s going on right now and where we are. So Tom, with everything that’s going on right now. I mean, everyone’s kind of in panic mode, still wondering what’s going to happen next. But the one thing that I know I am certain of right now is everybody is on Facebook, Instagram, LinkedIn, podcasts, webinars, like everybody is online right now because everyone’s stuck at home in this particular crisis that we’re in. So talk to me about you know, what, how can we capitalize on this fast with podcasts and we haven’t got a podcast yet. You know, podcast guestings, that’s another thing that people don’t really know is an opportunity, right now talk with more about that, How to capitalise on Podcasts Tom Schwab: You know, this is a once in a lifetime opportunity that we have here. So you can look at it as a problem or as an opportunity. One of my, you know, I’ve been on 1200, podcasts, interviews, I’ve never launched my own podcasts, I’m going to take this opportunity to start doing that. But that’s going to be a long term play, that’s not going to get results for six to twelve months. The fastest way to get results with podcasts is using other people’s platforms for the leverage. So you know, a lot of times in finance, we’ll talk about other people’s money and leveraging that. It’s the same thing with media, right? So, if you can leverage other people’s platforms, instead of just building your own from scratch, that’s golden. So find somebody that already is talking to your audience that’s already trusted by your audience and go to them and show them the value that you can bring. And boy, if you can get introduced to their audience, get that know, like, and trust, get the backlinks from it. That is the quickest way and especially today, people are listening, right? They’re looking for answers, it’s not just entertainment anymore, it’s vital to their business. And I would say those, those early adaptors, those people that are going to come out of this strongest are the ones that are looking for the answers right now. And I don’t know about you, but those are my customers that I want to work with. You know, there’s some people that still listen to 80s rock, God love them. But the ones that are trying to build something looking forward in the future, they’re looking for answers, and they’re either gonna hear us or they’re gonna hear our competitors. Barbara Turley: Yeah, look, I think the other thing to remember is, you know, anyone listening out there who thinks, “Oh, I just, you know, trying to launch a podcast”, and we’ll get to that in a second. You know, that’s gonna take time, strategy, whatever. There are loads of podcast hosts out there that are looking for people to interview for people who can add value in this particular environment. And it might not, it might be to do with your business, it could just be building your brand, so you don’t always have to be selling something. You know, I think, Tom, you would say that it’s about being out there and having your voice out there. I know that’s what I’m doing with The Virtual Hub, I’m on podcasts all the time. Sometimes I’m not even talking about VAs, I’m just talking about business building, but it still drives business to The Virtual Hub for us, it’s been a very good strategy. So, Tom, what advice would you give somebody about? You know, first of all, what kinds of topics do you think right now hosts are really looking for and what makes a great guest? How do you be a great guest on a podcast? What makes a great podcast guest Tom Schwab: That’s a great question. And I think this is not only what they’re looking for now, but they’ll always be looking for. Have something that’s timely, that speaks to their audience, but make sure it’s timeless also, right? So podcasts are an evergreen medium, while we’re recording this here in April. There’s somebody in October that’s gonna be listening to this. So you want to make sure that the advice is timely and timeless. The other thing too is, come ready to serve, right? Gary Vaynerchuk talks about jab, jab, jab, right hook. I probably missed a couple jabs in there. I look at it as serve, serve, serve, serve, ask, and the ask is going to be people asking to work with you, right? So when you reach out to a podcast host, nobody likes a cold pitch, right? Listen to the podcast, leave a rating and review, we’re all vain, right? We listen for our own names. So share the content, make comments on it, and then when you reach out, you can say hey, here is something that I have that would, I believe, add value to your audience. And you know, then go there and just add value. You know, your goal as a podcast guest is not to sell, it’s to make the host look like a genius for introducing you to their audience. Because if you do that, they’ll promote you more than you ever could. And my favorite tweet out there is from a guy by the name of Rand Fishkin, Rand started a company called Moz, and he said, “Today, the best way to sell something, is not to sell anything, but to earn the respect, awareness, and trust of those who might buy.” And that’s what you’re doing with this show, that’s what I do on podcast interviews. Just getting