Here on Podcasting Tech, we're always looking at companies,
Speaker:solutions, software, things that can help the podcaster, help
Speaker:them be more successful, help them grow their show,
Speaker:and grow their show in ways that maybe they hadn't even thought of. With that
Speaker:in mind, we are delighted to be chatting with Pat Chung. He's the founder of
Speaker:Famlyst, formerly Pod Inbox. Pat, thank you so much for joining
Speaker:us. Hey. Thanks for having me. So I remember first learning
Speaker:about Pod Inbox. You were a company at, I
Speaker:believe, Podfest or maybe Podcast Movement, and you were doing this
Speaker:giveaway that basically, you know, buy one time lifetime plan. And the whole idea
Speaker:was it was this little widget that podcasters could
Speaker:use, put on their website, and fans could record audio
Speaker:messages that then the podcasters could use on their show. But you've
Speaker:evolved tremendously since then. So kinda take us through just a
Speaker:little bit about the beginning and and where you're kinda heading these days.
Speaker:Sure. Wow. If you remember the lifetime plan, so you were one of the early,
Speaker:early ones. Yeah. Yeah. So we launched a
Speaker:podcast movement, about, I think, over 3 years ago
Speaker:now. And yeah. Yeah. We launched with a lifetime plan. We
Speaker:came out with a really simple idea with which is,
Speaker:we saw this need that podcasters had, which is to receive
Speaker:audio messages from fans. So we looked across a lot of prolific
Speaker:podcasters, and we found that, a lot of them had this segment on
Speaker:their show where they're where they feature a fan message.
Speaker:So we kind of looked at, oh, how are they getting that fan message? Because
Speaker:it wasn't too straightforward, with some of the podcasts that I
Speaker:follow. I'm like, oh, we heard a lot of Podcasting say email us, you know,
Speaker:your message, which we thought, you know, that's kinda cumbersome. I
Speaker:at that time, I probably wouldn't even know how to kind of record something on
Speaker:my phone and kind of email it to them. Right? So we thought,
Speaker:let's build a better solution for that. Yeah. So that's what we set out to
Speaker:do, and, yeah, we created that. It was pretty full featured actually by
Speaker:the time we launched, and, yeah, sold a lot of one time deals. I
Speaker:think I remember actually communicating with you and saying that I thought you should
Speaker:have the ability to like, I think you originally had to be on the Pod
Speaker:Inbox website, but I said, what if we can embed this on our website?
Speaker:And I believe you responded pretty quickly saying, yes. We'll work on that. And then
Speaker:it was like, a few days later, you guys had it up and running. So
Speaker:you are very responsive, to the folks and to the fans who are out
Speaker:there. So Yeah. How did it start to evolve? Where did
Speaker:it go from there? Sure. That's a great question. And maybe I'll kinda address what
Speaker:you said about the widget. Actually, we're not actually big fans of the widget.
Speaker:So we do have a widget because people are asking for it, but I think
Speaker:what people want to do is drive people to their website, which is
Speaker:understandable. Your website's your brand. But,
Speaker:you know, I've been a UX designer, a user experience
Speaker:designer for over 15 years.
Speaker:And what, you know, personally branded websites don't do
Speaker:well is a lot of times they're kind of confusing for
Speaker:users, just to be totally frank. Right? They they they talk a lot about
Speaker:themselves. They they have content, you know, that
Speaker:people wanna engage in. So there's just a lot going on. And when you when
Speaker:you jump to sort of personal website to personal website as a
Speaker:fan, you don't really like, there Tech some it
Speaker:takes some time for that person to digest what's going on in that website and
Speaker:to really understand it. Right? So the reason why I'm
Speaker:not a big fan of that widget that we built is the
Speaker:widget is usually a very direct call to action. Right? So if
Speaker:you want someone to, you know, take an
Speaker:action on your website, your personal branded website is
Speaker:oftentimes not the best place to do it because there's a just a lot
Speaker:to sort of understand. And a lot of, you know, people
Speaker:nowadays, and even back then when I first started being a UX
Speaker:designer, they just don't have the attention span to kinda, you know, go through
Speaker:everything. So we really, you know, to answer your question,
Speaker:how how we evolved is we really put a lot more
Speaker:energy into the fan page. So the fan page is
Speaker:built so that it's just super intuitive and super, simple.
Speaker:So when you're a fan going to a podcaster's fan page or a
Speaker:creator's fan page, it's very obvious what what the creator
Speaker:wants that fan to do. And, yeah, message is a big part of it.
Speaker:That said, yeah, we we updated the widget too. The widget's super powerful. It's probably
Speaker:the best widget on on the market. But, you know, when we
Speaker:really you know, I do a lot of demos still for the product. And
Speaker:whenever I sort of coach or train podcasters, I'm like, Mathew. Use the
Speaker:widget. You know, you you might see some conversion of
Speaker:of fans taking an action. But if you really wanna take an action, you know,
Speaker:just link to the fan page. That that's where they could take
Speaker:not only one action, but many more actions, you know, which also to
Speaker:answer your question, how do we evolve? We yeah. We
Speaker:developed a lot more features that we can't just fit on a widget
Speaker:and and those features around monetization. Right? We kind of
Speaker:asked ourselves, how else can a fan engage other than
Speaker:leaving audio messages and text messages? Well, we thought, you know, a
Speaker:lot of fans wanna support the show. They wanna donate. They wanna buy stuff.
Speaker:They wanna, subscribe. Yeah. So things like
Speaker:that. Yeah. Not not not not not to sell it too much, but, yeah, that's
Speaker:how we evolved. No. I mean, that's exactly what we should be doing is selling
Speaker:it so that folks can check it out and see if it's right for them.
Speaker:So just to, you know, summarize for folks, some of the core product
Speaker:features of FamelessNow. Again, you still have the ability to
Speaker:message folks. You do lead capture. You can do memberships,
Speaker:private subscriptions, tips and donations, paid perks, chat
Speaker:rooms, widgets, and a leaderboard, which I love the
Speaker:gamification of Podcasting. That's always a nice way to
Speaker:drive interest. People always like to win the game. What are you finding
Speaker:is the most used feature with podcasters
Speaker:today that are using Fanlist? Yeah. Good question.
Speaker:I think it's still the audio messaging feature. I think it's
Speaker:probably because that's what we launched with, and that's what people have known us for
Speaker:for a long time. So which is maybe kind of lead into you
Speaker:know, we went through a branding change. When we first launched, we were called Pod
Speaker:Inbox. We wanted to give an inbox for podcasters,
Speaker:like this audio inbox, that hence the name. But
Speaker:after we, you know, created this whole suite of features,
Speaker:we're like, is the inbox still the most important thing? We're like,
Speaker:actually, no. Probably probably not. As much as that's
Speaker:probably the most used feature, we kind of see that as
Speaker:the lead funnel now. Right? So let's say you're a podcaster and you're like, you
Speaker:know, I really want my fans to engage. I really wanna build my newsletter email
Speaker:list. Right? That's kinda what they teach all of us to try to build that
Speaker:email list that you could own that fan, right, versus kinda borrowing it
Speaker:from social media platforms. So we're like, well, yeah.
Speaker:You know, that's how we kinda changed the name too. We're like, well, our platform
Speaker:is really to help creators and podcasters build their fan
Speaker:list, to build their email list. So we're like, fan list is a pretty good
Speaker:name. I mean, to answer your question, the the most
Speaker:used feature is the inbox, and we think that's a great first
Speaker:feature to use. Right? Because if you're a Podcasting wanting to
Speaker:build your email list, oftentimes they kinda teach us to, you know, have
Speaker:that, lead gen, that that kind of free giveaway. What
Speaker:better free giveaway for a podcaster than to, you know, tell your fans, hey. You
Speaker:could leave a message here. I'll I'll listen to it. I'll reply to it, and
Speaker:we might even feature it on the show. Right? So as they kinda dive
Speaker:into your fan page and they say, oh, not only can I leave a message,
Speaker:I could do all these other things too? So we kinda like that the inbox
Speaker:is like the first touch for for any fan. And then you also
Speaker:have like I said, once you get people to maybe leave a message down, you're
Speaker:doing email capture, then you can sell them on the memberships, the donations,
Speaker:the private subscriptions. Are you finding
Speaker:that a lot of shows are seeing
Speaker:success with those features? I think many small podcasters
Speaker:worry that or fine sometimes even that, you know, just
Speaker:because they create these paid features doesn't mean anybody's actually
Speaker:joining them. Yeah. I mean, I think
Speaker:it's important to set expectations. One of the
Speaker:things we teach a lot is sort of kind of a common rule of the
Speaker:Internet is, like, about 5 to 10%. Actually,
Speaker:to be quite honest, it's usually anywhere from 1 to Tech% of
Speaker:your audience will take an action, will participate.
Speaker:So it might not be a lot. So if you have a 100 listeners to
Speaker:your podcast, which is pretty common, maybe only 1 to
Speaker:Tech people will actually take an action, might give a tip or might
Speaker:subscribe. But, you know, I think if you do a good job,
Speaker:it might trend more towards the 10%, which is pretty good. Right?
Speaker:You know, we all often do the calculation of, like, you know, a lot
Speaker:of podcasters, they are interested in monetizing. Takes a lot of
Speaker:effort to put together a podcast Passy you know, and and getting rewarded for
Speaker:it is, it feels good. So a lot of times we do the
Speaker:calculation, you know, between, like, fan monetization
Speaker:versus sponsorships, which is another common way to earn money, of course.
Speaker:And a lot of times, yeah, fan monetization kinda wins out, in terms of
Speaker:just looking at the numbers of, you know, how successful it could
Speaker:be. And, of course, it's important that if you're a
Speaker:podcaster hearing this, that you can't just say, oh, now you can pay for our
Speaker:show. You have to deliver value in exchange.
Speaker:People aren't just gonna give you money just because you asked for it, but they
Speaker:will give you money if you if you provide value
Speaker:for what it is you are asking them for. For $5, you better be giving
Speaker:them better content or, you know, more episodes
Speaker:that are fulfill the mission of what it is you told folks to check
Speaker:out, when they came to your show in the first place. What about the,
Speaker:leaderboard? How does that one work? Leaderboard is
Speaker:just basically in design what we call a face pile.
Speaker:Right? It's a pretty light touch, and it's just a way to
Speaker:give a little recognition to the fans. Like, we looked across a lot of the
Speaker:other creator economy platforms, and they don't really sort
Speaker:of pay back the fan, and we're really about that payback. A
Speaker:lot like what you said. I I mean, I could go on for hours about,
Speaker:you know, giving value and value for value. I'm a huge believer in that.
Speaker:And, hopefully, even, you know, I think you you mentioned mentioned
Speaker:Podcasting,
Speaker:tip you. Right? It's always about value. So as you as you
Speaker:mentioned, as we're talking about, you know, value being important, do you
Speaker:track or do you have a sense of what are some of the best add
Speaker:ons or what are some of the best, like, perks that podcasters are giving
Speaker:away or perks that podcasters are finding
Speaker:are most effective for growing an audience. Like, if
Speaker:I go to the demo page and I look at buy a perk, you've got
Speaker:a 3 books on fan engagement for $3, episode
Speaker:chat up for 10, private Zoom call. Like, do you kinda take a look and
Speaker:track at what people are using those perks
Speaker:for? And and if so, any that are standout
Speaker:successes? Not really. We have some of our favorites,
Speaker:but there's such a diverse group
Speaker:of different creators and podcasters using our perks feature.
Speaker:And just to give the audience some indication what a perks feature is,
Speaker:it's basically an online shop that you could create, very easy
Speaker:and offer fans to buy stuff. Right? Usually, they're digital
Speaker:goods, things like digital downloads, and some of the
Speaker:things you mentioned, like, shout outs and stuff. I
Speaker:think, you know, the things that we teach a lot are
Speaker:maybe stems from a lot of podcasters we Tech to, and we
Speaker:talk to a ton of them, that they're usually afraid to start
Speaker:selling something because it's hard to create stuff to sell.
Speaker:So we like to, you know, think about stuff that's easy for a podcaster to
Speaker:sell. So, like, episode shout outs. Right? We all do
Speaker:podcasts. So Doesn't cost you anything. Yeah. It doesn't cost you anything. And
Speaker:if you, you know, if you say, hey, you know, buy this episode shout out
Speaker:perk, on our fan page, and we'll give you a shout out, then you could
Speaker:just start giving shout outs on your, on your podcast.
Speaker:So our favorites are the things that are easy and kind of free. You know,
Speaker:another good example, it's not free, but, like, a lot of times people just wanna
Speaker:meet you for a Zoom call. We kinda call that, like, a higher ticket item.
Speaker:Right? So let's say I'm a fan of your your your podcast, Matthew, and I'm
Speaker:like, oh, you know, I really you know, Matthew seems like expert in his industry.
Speaker:I would love to just get, like, a 30 minute Zoom call with
Speaker:them. Well, you know, how are you gonna sell that Zoom call? Right? It's
Speaker:hard. You have to kind of, you know, either create a Shopify store or or
Speaker:choose one of these types of platforms or you could just create that perk on
Speaker:your fan page. So Zoom calls are great, you know, and you could charge you
Speaker:know, it's hard to say what to charge for it. But, you know, we've seen
Speaker:people charge $200 for a 30 minute Zoom call because they're, you
Speaker:know, they're a prolific podcaster. So those are kind of our favorites
Speaker:because sort of anyone across the board could do
Speaker:that, whether you're, you know, like, a true crime podcast or or or you're
Speaker:you're selling financial advice, you know, whatever it is. It's it's pretty
Speaker:relevant. Yeah. That's, I like that idea of
Speaker:selling the Zoom calls and the consultations. We, might have to think about that and
Speaker:and think about implementing that here on the Podcasting Tech show.
Speaker:And and one thing that we should let everybody know is that the pricing of
Speaker:your Rodecaster. Right? This is a you know, a lot of times Podcasting
Speaker:What do you mean by totally different approach? Because recently we did a lot of
Speaker:changes. So we changed our name from pod inbox to fan list, and we
Speaker:changed our business model too. So, depending on what you
Speaker:remember, so for the longest time, we're a paid service,
Speaker:in the industry, what's called SaaS. Right? Right. This is this is what I wanna
Speaker:get to because on your site, you say the service is basically free. Yeah.
Speaker:And now we just as of early this year, 2024,
Speaker:we've changed to a totally free model. So we used to have a pro plan
Speaker:where you had to pay, you know, about $10 a month to get all the
Speaker:pro features. We thought, you know what? You know, we just hated the idea of,
Speaker:like, pay walling or feature gating our
Speaker:best features for the paid plan. So we're like, well, what if we just gave
Speaker:it away for free? So that's what we just we decided to do, and,
Speaker:the only way we make money is just based off of transaction fees.
Speaker:So, you know, let's say you never use our monetization features.
Speaker:You only use our inbox. Well, you get all all the benefits of all the
Speaker:pro inbox features now for free. That's amazing. So, yeah, you
Speaker:should definitely check out fanlist.com. Tech have a link to it obviously here in the
Speaker:show notes. And take a take a spin around. They've got a demo on there.
Speaker:They list all the features, so you can kinda see how it works. It integrates
Speaker:with some of the other services that we've talked about, including pod
Speaker:page. So it's not like you have to give up something else to use it.
Speaker:And again, cost you nothing to, check out. So, Pat, before we
Speaker:let you go, we have a few questions that we're asking everybody here on the
Speaker:show. I know, obviously, you're working on this piece
Speaker:of fan engagement, but is there another place inside
Speaker:podcasting that you'd like to see improvement? Is there,
Speaker:you know, service or changes or something that you think would help the
Speaker:podcasting world? Oh,
Speaker:that's a tough one. I mean, yeah, my mind is mainly on fan
Speaker:engagement. I've been kind of working in and around this industry for, like, 10 years,
Speaker:so I think about that, you know, day and night. That's something I think about
Speaker:day and night. But we we you know, has a lot
Speaker:of, podcast Tech, is thinking about
Speaker:AI has come into the conversation quite a bit, and we even think
Speaker:about it a lot. Even in the early days of OpenAI, we
Speaker:implemented an OpenAI technology not a lot of people know about is
Speaker:called Whisper. So that's we use Whisper to do our transcriptions.
Speaker:So, you know, by using AI, we're allowed you know, we're able to offer
Speaker:transcriptions for free. Whereas before, when we were thinking of doing that feature, we're
Speaker:like, oh, should we charge a little bit more for transcriptions? And the way we
Speaker:use transcriptions are, if someone leaves you an audio
Speaker:message, a lot of times, you know, for some of our high end you or
Speaker:high volume users, it's hard for them to listen to every single
Speaker:message. Right? So somewhere in the lifetime of
Speaker:our product, we thought, you know, we really could use transcription. So because, you
Speaker:know, when someone leaves a message, we email the the creator,
Speaker:you know, that that they received a message. So if we could put the transcription
Speaker:in there, they might not even need to listen to the message if they didn't
Speaker:want. So convenience and so like that, we thought AI has been super
Speaker:helpful already. You know, they offer this free service, a free transcription
Speaker:service that we could build on. But, yeah, as AI
Speaker:grows, yeah, I don't know if I could share yet, but like there's some
Speaker:of these, really interesting features that we're
Speaker:thinking of creating that leverages AI. And,
Speaker:kind of in this fan engagement type of, realm.
Speaker:So once again, it's under the guise of fan engagement. It's something
Speaker:that we're thinking of bolting on to Fanlist. And it's something,
Speaker:unfortunately, I can't share too much of it yet, but super exciting.
Speaker:And I think that's where the industry, you know, when I think
Speaker:of, some of the next technologies that that's gonna rise. Like, we
Speaker:have, like, things like show notes already, obviously, that are
Speaker:some cool companies and technologies around that. That just makes our
Speaker:life a little bit easier. But, you know, when I think about it, it's like,
Speaker:how can we use AI to make, podcasting a little bit
Speaker:more interesting? Not just to maybe solve a productivity
Speaker:problem that we see a lot of AI companies doing, but
Speaker:to solve an entertainment problem, maybe.
Speaker:So, yeah, that that that's what I'll tease out right now. Alright. And maybe, once
Speaker:we release it, we'll have you back on so we could talk about, the new
Speaker:features that you're you're rolling out here for Fanlist. I noticed
Speaker:that you're using a Shure MV 7 as your microphone.
Speaker:Mhmm. I'm curious. What are you using for your
Speaker:camera and anything else for recording? Oh,
Speaker:my camera, I'm using a Sony a72 mirrorless. Right
Speaker:now, it's fuzzy because I don't know why. I
Speaker:think I just turned it on before this call, and I forgot to focus it.
Speaker:Yeah. It's a mirrorless camera. It's got a pretty nice lens. It's, f
Speaker:4 16 millimeter lens.
Speaker:It is a nice picture. And actually, somebody else, we just had the show, was
Speaker:using the exact same camera. So, obviously, very popular.
Speaker:Is there any technology on your wish list? Is
Speaker:there anything out there either you know that that exists that
Speaker:you wanna get your hands on or something that you want created that would,
Speaker:improve your podcast operation? Yeah.
Speaker:Something I'm about to go run out to buy today. Maybe I'm
Speaker:saying it because you asked me about my camera, but I'm thinking of dabbling with
Speaker:a new camera, with a new, mic setup that's a little bit
Speaker:more on the go, run and gun type thing. I do a
Speaker:lot of traveling. I love traveling. I do a lot for, you know,
Speaker:professional life and and personal life.
Speaker:So I and I like small rigs. Right? I'm kinda like a big
Speaker:EDC geek, you know, everyday carry type guy. You know, what can you throw in
Speaker:your bag, and how can you be like a road warrior type
Speaker:Samson? So the setup I'm looking at is,
Speaker:the DJI Pocket camera. It's I think it's
Speaker:called the DJI Pocket 3. It's their 3rd version of their pocket
Speaker:camera. And I could talk about that a little bit,
Speaker:but it's it's a cool piece of gear, because it also comes with a
Speaker:wireless mic. So I think this piece of gear is kind
Speaker:of changing the landscape for a lot of vloggers, but I think it's gonna be
Speaker:big in podcasting too because, you know, it's a camera that's gonna be
Speaker:way better than the camera that's on your, computer, which I'm
Speaker:all about. But, like, to haul my rig around, if I if I
Speaker:were to show you a picture of my setup, it's it's just it's too much.
Speaker:It's insane. You can't throw this in a backpack. So that was the DJI
Speaker:Pocket 2? Yeah. Yeah. And it comes
Speaker:what's incredible about it is it comes with this wireless mic that
Speaker:even the mic is awesome because if you buy buy the mic package,
Speaker:it's the DJ wireless microphone,
Speaker:package. And that's a cool package in itself if you need, like, multi
Speaker:mic. But for, you know, the types of Podcasting that I do,
Speaker:interviews, and even being a podcast guest, that's
Speaker:you know, I could probably leave all this stuff at home and just bring the
Speaker:pocket camera and with that comes with the wireless mic and
Speaker:just use that as a podcast setup. I'm not sure how new it is, but
Speaker:there also looks like there's a pocket 3 available. Obviously, it's a little
Speaker:bit more fun. What I'm talking about. Oh, the pocket 3. Yeah. That's the one
Speaker:I'm talking about. The pocket 3. Yeah. I I would not recommend the Pocket 2
Speaker:or the Pocket 1. Tech kinda dabbled in those a little bit, and but with
Speaker:the top Pocket 3, that's really the game changer, and I think it came out.
Speaker:Yeah. I wanna say, like, 6 months ago now. So it's something like that. Nice.
Speaker:Well, we'll, we'll put a link to it, by the way, if anybody wants to
Speaker:check it out so they could see, exactly what Pat is talking about. And then,
Speaker:of course, we always ask everybody, what is the podcast
Speaker:that you are listening to? What's the 1 or 2 that, you know, no matter
Speaker:what happens, you're gonna make sure that you listen to that podcast when it
Speaker:drops? Oh, that's a good one.
Speaker:Yeah. It's hard to pick 1. It's like, you ask people what their favorite song
Speaker:is or favorite movie is impossible. So similar with me, I would listen to so
Speaker:many Rodecaster, but I mean, if I were to choose 1,
Speaker:maybe a podcast called My First Million. I love it.
Speaker:These, 2 hosts are just super not just
Speaker:informational, but entertaining. So, you know, they're kinda
Speaker:like a financial I don't even know how you would
Speaker:categorize it, but they they talk about start ups. They talk about entrepreneurship,
Speaker:and they're very informational. But I pretty much just listened to
Speaker:them kind of on the background. I think they have, like, 2 or 3 episodes
Speaker:a week. And, they're just entertaining. Very cool.
Speaker:Well, we'll, we'll put a link to that show. We'll also put a link to
Speaker:fanless as we talked about the product here that Pat is the founder of. And
Speaker:we'll also include a link to podcast
Speaker:growth hacks. And I assume the website that I'm looking at is a a
Speaker:Famless page for it? Yeah. I mean, if you're looking at the
Speaker:website, that's just a custom website I built, but I do have a fan list,
Speaker:fan page for it too. Yeah. We'll make sure to put a link to that
Speaker:so that people can check out the Podcasting action and, check out
Speaker:your show as well. Pat Chung, founder of Fanlist,
Speaker:thank you so much for being here today. Thanks for having me.