When Allyson Marino started her career in podcasting, she “really couldn't help but notice the huge hole in women's perspectives.” That was 2013. Now, her company Lipstick & Vinyl represents over two dozen top-ranked shows. Marino tells Forbes’ Steve Baltin about how competition has changed within independent media.
Lipstick & Vinyl handles distribution and advertising sales for handpicked podcasts. “We curate the best female voices that are experts in a variety of subjects and parts of life,” Marino explains. It's all about the right fit. “[Creators are] all across the board in terms of what they are experts in and where they've built their following.”
“Anyone who is behind a microphone has the platform to tell a story and change the perspective that we have on the world, can change our priorities,” Marino says. “[Women podcasters] need strong business support behind the microphone to give them every opportunity available to succeed and make money.”
In June, Slate CRO Charlie Kammerer revealed that podcasts pull in 50% of the company’s revenue. Subscriptions for bonus and ad-free content have been strong. What’s evolving? John McCarthy of The Drum takes a look at Slate’s marketing strategy, namely “its own Patreon-styled podcast platform,” Supporting Cast.
Its standout feature is dynamic subscriber messaging, McCarthy explains. In a nutshell, “Podcasters can record and deliver audio to specific audience segments before each show.” Supporting Cast founder, Slate executive David Stern, emphasizes the efficacy of “connect[ing] in more personal and timely ways with listeners.”
It’s a cohesive approach, McCarthy observes. “This intimate relationship is where Slate’s putting in extra time to improve the sell, leaning on the ‘persuasive power’ of the hosts, whether that’s to sell an advertiser’s product or a subscription product.” As Charlie Kammerer put it simply back in June, “People trust us.”
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