Use Cases

How Finance Marketers Can Leverage Branded Podcasts

Last updated on: 
February 28, 2024

Learn how finance marketers can utilize branded podcasts to increase brand awareness, educate consumers, differentiate themselves in the competitive market, and achieve measurable ROI.

In an industry where trust and credibility are paramount, finance companies face the challenge of differentiating themselves and connecting with consumers. 

Branded podcasts offer an opportunity for finance marketers to:

  • Create a unique brand personality: A branded podcast allows financial institutions to showcase their company's culture, values, and unique perspectives on financial topics. By sharing stories, experiences, and expert opinions, finance marketers can humanize their brand, making it more relatable and memorable to potential clients. 
  • Connect with potential clients in a relatable, authentic manner: Branded podcasts enable finance marketers to have candid conversations about complex financial topics in a more informal and accessible format. Through storytelling and personal anecdotes, finance professionals can break down barriers, demystify financial jargon, and create a sense of trust with their audience. 
  • Shift brand perception: By creating high-quality, informative, and engaging podcast content, finance marketers can demonstrate their expertise and thought leadership within the industry. This can help reshape the public's perception of the company as a reliable, knowledgeable, and innovative financial institution. 
  • Gain a competitive edge against competitors: With the growing popularity of podcasts, finance marketers have an opportunity to reach new audiences and gain a competitive advantage over competitors who have not yet adopted this marketing channel. By producing engaging content that appeals to their target audience, finance companies can build a loyal listener base that may convert into customers. 

Through leveraging branded podcasts, finance marketers can create an immersive and impactful experience for their audience, building trust, credibility, and brand loyalty. 

The power of storytelling: Branded podcasts for financial education and consumer empowerment

Today's consumers seek financial brands that align with their values and educate them about their financial choices. Branded podcasts enable finance companies to showcase their expertise, empower consumers with valuable knowledge, and build trust through transparent conversations.

Unlike traditional marketing, which often focuses on promoting specific products or services, podcasts provide a platform for finance companies to engage with their audience in a more meaningful, personal way.

Measurable impact: Key statistics and ROI for branded podcasts in finance

Investing in branded podcasts can lead to measurable ROI for financial marketers. 

According to the BBC’s Audio Activated study, branded podcasts lift brand awareness by 89%, brand consideration by 57%, brand favorability by 24%, and purchase intent by 14%

Moreover, numerous financial institutions have successfully integrated podcasts into their marketing strategy, driving increased website traffic, improved social media engagement, and growth in leads and conversions.  This includes podcasts like C Suite with TD, Take Back Talk Back with EQ Bank, and CIBC Innovation Banking with CIBC

Best practices for financial branded podcasts

To create a successful branded podcast in the finance industry, consider implementing the following best practices:

  • Choose an engaging and relevant podcast format, such as interviews with industry experts, panel discussions, or storytelling.
  • Keep your content focused on niche topics to showcase your expertise and authority in the industry.
  • Maintain listener engagement by producing high-quality, informative content that addresses your target audience's needs and interests.
  • Promote and distribute your podcast across multiple channels, including social media, email marketing, and industry events.

Bonus: Listener testimonials for growth

Showcasing testimonials from podcast listeners who have gained valuable insights or made more informed financial decisions based on the content provided by finance-branded podcasts will help demonstrate the real-world impact of branded podcasts on consumers.

Example: "After listening to [Financial Branded Podcast], I feel more knowledgeable about my investment options and confident in my financial decisions. The podcast has not only educated me on finance but also introduced me to a brand I can trust." - Sarah L., Podcast Listener

Take your brand's marketing strategy to the next level.

Case study: CIBC Innovation Banking

When CIBC began their partnership with Quill, they needed help scaling their pre-existing podcast, CIBC Innovation Banking. The podcast shares innovations within the tech and financial industry in an engaging, informative way. 

Their goals included reaching their target audience, increasing their name recognition, and generating sales and leads. After working with Quill on the third season of the podcast, CIBC experienced high growth, PR exposure, and positive reviews. 

Currently, the podcast has a 4.7/5 rating, is in the top 40 podcasts in Canada in the management category, and has received features in BetaKit and the Bay Street Bull.

Examples of other branded podcasts in the finance industry 

Quill has worked with various other companies in the financial industry to help grow their brand and establish authority. Some of our clients include:

Customizable podcast solutions for the finance industry

Quill understands the unique needs and challenges of financial marketers, offering tailored podcast solutions to meet compliance and regulatory requirements, focus on niche topics, or provide multilingual podcasts to reach a global audience.

By incorporating these elements, you can create a more compelling and comprehensive use case that demonstrates the value of branded podcasts for financial marketers. 

Reach out to our team to explore the potential of branded podcasts for your financial institution and take the first step towards a successful podcast launch.

Platform
Price
Pro’s
Con's
Anchor

Free

  • Easy to use
  • Automatically distributes your podcast to major platforms.
  • Embed media player.
  • Great if podcasting is a
    side hobby
  • Very basic editing
  • Since it’s a free tool, you don’t have full control over the monetization of your podcast.
  • Not the right platform for people taking podcasting seriously
Buzzsprout

Free for 2 hours of content per month

$12 for 3 hours per month

$18+ for 6 hours and up

  • Very user-friendly
  • Caters to both long term and beginner podcasters
  • Advanced analytics
  • Easy distribution of your episodes
  • They measure their size requirements to hours not megabytes
  • Bonus: get a free $20 Amazon gift card when you sign up for any paid hosting plan!
  • Advanced features like dynamic ad insertion need some work
Libsyn

$5/month for Monthly Storage 50mb

  • Oldest podcast hosting site.
  • Easy distribution to major platforms and great for scaling once your podcast gets bigger.
  • Hosted over 35,000 podcasts.
  • An iTunes Podcast partner.
  • Allows you to publish your podcast to specific directories.
  • Embed media player.
  • Price is based on storage
  • 50mb storage for $5 won’t be enough if you are publishing weekly so you’ll end up with a higher price point
Podbean

Unlimited audio package: $9/month

Storage space:

Unlimited

  • Great support & customer service features
  • Unlimited audio.
  • Pages are easy to customize
  • Can schedule podcast release dates.
  • Easy to use.
  • Uploads and changes to podcast titles and/or descriptions are automatic to Spotify.
  • Embed media player.
  • Simple Analytics
  • Analytics aren’t as advanced as other platforms
  • Upload and changes to podcast titles and/or descriptions take a day to change on iTunes.
  • Not an iTunes podcast partner.
  • The process to send a podcast to iTunes is more tedious. But, you will still be able to get on the platform.
Blubrry

Classic

$5/month

Monthly Storage

50mb

  • Podcast Wordpress plugin and management.
  • If you want to record a new introduction or conclusion, add in a sponsored ad or upload a new version of a podcast, it doesn't count towards your storage usage per month.
  • Blubrry allows a 25% storage overage each month
  • Prices are based on storage.
  • Usability is okay.
SimpleCast

Starting: $15/month

Recommendation: $35/month

Monthly Storage: Unlimited

  • Hosts your audio files no matter what the size!
  • Dynamic insertion for podcast ads or edits.
  • Incredibly detailed analytics including number of episodes completed and listener location tracking.
  • Embed media player.
  • Easy to use.
  • Great distribution! Easy access to all major podcast platforms.
  • Customizable podcast
    website.
  • Prices are slightly higher than other platforms, but well worth it especially if you have a branded company podcast!

Looking to generate reach, leads, and measurable results?

Chat with our experts about your podcast

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