Case Study

Live Richer Podcast by GoBankingRates.com

Content Monsta partnered with GoBankingRates to launch the Live Richer Podcast, a strategic initiative designed to engage the audience with personal finance content through an on-demand audio format that evolved into a video show.

The primary goal was to reach a younger demographic (ages 18-34), leveraging the popularity of podcasts to expand the audience for GoBankingRates’ financial advice.

Goals

  • Expanded the reach of personal finance content to a broader audience through the Live Richer Podcast
  • Increased engagement with Gen Z and Millennial audiences
  • Leverage podcast content across multiple platforms to drive traffic back to the GoBankingRates website

Company

GOBankingRates is a leading destination for personal finance news and information, offering content that helps millions of readers make informed financial decisions each month.

Industry

They operate in the financial content industry, focusing on personal finance, investing, and retirement, with a strong emphasis on creating engaging and relevant marketing products for financial brands.

Key Services Used

  • Video Podcasting
  • Audio Podcasting
  • Video Shorts Creation

Challenges

  • Remote Guests: Capture high profile, often celebrity guests from a location convenient for them
  • Content Distribution: Ensure the Live Richer Podcast reaches its intended audience across various channels to effectively drive engagement
  • Engagement with a Younger Audience: Tailor the content to resonate with a younger demographic, focusing on their specific financial needs and interests

Deepak Chopra as Guest

Our Solutions

Podcast Strategy

Content Monsta assisted the Live Richer team to develop and execute a comprehensive podcast strategy, including bi-weekly articles, targeted guest selection, and the integration of podcast episodes with newsletters and partner channels. This approach maximized visibility and engagement.

Content and Technical Support

Content Monsta provided real time coaching and robust technical support. This ensured high-quality production and effective distribution of podcast content across multiple platforms.

Sponsorship Support

Collaborated with the sales team to demostrate ad placement leading to the securing of significant sponsorships, including a $75k commitment from a single sponsor.

Play Video

Producer-Led Recording Sessions

Implementation

  • Planning and Coordination: Content Monsta worked closely with GoBankingRates in the pre-production phase, planning content based on trending financial topics. The team also coordinated the distribution strategy across multiple channels.
  • Production Process: Content Monsta managed the production of podcast episodes, providing scheduling assistance, in-session coaching, and technical support to ensure high production values and engaging content.
  • Post-Production and Distribution: Content Monsta executed meticulous post-production, ensuring each episode met the highest standards, and effectively distributed the content to maximize reach and impact.
  • Production and Dynamic Ad Insertion: Advertisements were produced and added to shows based on sponsor time purchased

Results

  • Downloads: Each episode generates about 220 monthly downloads
  • Sponsorships: Sponsorships with new companies starting with the first sponsor of $75k
  • Website Boost: An average of more than 3,000 users reading each episode article on our partner websites.
  • Target Audience: Website has seen a boost in readership amongst Millennials and Gen Z.
  • Sponsor Traffic Boost: Sponsor received a boost in their own website traffic from the podcast partnership.
First Sponsor
$ 1 K
Episodes and counting
1 +
Web Page Visits Per Month
2000

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Other Client Testimonials

"They make quality podcasting so easy, even with our hosts working remotely from different locations.”
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Rose Kelly
Brightloom
“A lot of people have commented on how great it sounds, “high quality.”
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Brittney Upman
ShoreView Industries
“We could not have had the quality or success we’ve experienced on our podcast without our partner, Content Monsta.”
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Don Sena
Consumer Track

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