These days you can’t help but hear about feeds
and see XML & RSS icons on websites. Perhaps
you have an idea of what they are and want to know
how you can tap into this growing medium. Or perhaps
you have no idea and want to understand. In this
episode Rick
Klau of FeedBurner explains what a feed is,
who subscribes to them, how they do it and why.
He also talks about some of the advertising opportunities
available in this new medium.
Recorded Live December 8, 2006
What is a Feed?
In this segment Rick explains what a feed is,
what is found in them and why the content is so
compelling.
Who Subscribes to Feeds
In segment two we talk with Rick about the dynamics
of how feed content is discovered and what makes
people subscribe.
Understanding How Feeds are
Subscribed To
Like most things in life, there is more than
one way to accomplish what you want, and subscribing
to feeds is no different. Rick talks with us about
the various ways to subscribe to feeds and what
people do once they subscribe to them.
How Feed Publishers Make Money:
Advertising Opportunities Using Feeds
As this medium grows in popularity, advertising
opportunities also mature and are appealing to
a broader audience of potential advertisers. In
this and our final segment, Rick explains how
publishers make money producing feeds.
FeedBurner is the world's largest feed management
provider. Their Web-based services help bloggers,
podcasters and commercial publishers promote,
deliver and profit from their content on the Web.
Rick Klau Interview Summary
Chatting with eMarketing Talk Show hosts Cindy
Turrietta and Brooke Schumacher, Rick Klau, the
Vice President of Business Development at FeedBurner
explains what RSS and XML feeds are, who subscribes
to them and the advertising opportunities available
in this new medium.
Vice President of Business Development at FeedBurner,
the market-leading feed management provider, Rick
Klau is also an accomplished public speaker, moderator,
panelist and author of a popular blog. He has
published a number of books and columns covering
the topics of technology, law, ecommerce and online
security and has received extensive coverage in
a variety of major media publications throughout
his career including The Wall Street Journal,
USA Today, Inc. Magazine, Internet World and The
Washington Post.
Rick starts off this edition of the eMarketing
Talk Show by explaining precisely what feeds are.
According to him feeds are a term applied broadly
to a whole class of subscribeable content. “What
a feed does is it tells your browser that this
is content I want to come to me on a regular basis.”
Many browsers today, including the latest version
of Internet Explorer, the most current versions
of Firefox, Safari, Opera, and pretty much every
major browser now supports the ability for a user
to subscribe to a feed. There are also websites
like Bloglines.com, Newsgator.com, and web services
like My Yahoo and Google Reader that are increasingly
common and popular ways for people to subscribe
to content. “Now these subscriptions typically
point at a file, what we refer to as a feed on
a publisher’s website.” A publisher
here can mean the Wall Street Journal, any new
publication, podcasters and even bloggers.
Explaining about being able to track an audience,
Rick says that pretty much every publisher out
there today has tools at their disposal that can
ensure that all requests for their feeds go through
FeedBurner. This involves server configuration
if you are using a web log application like WordPress
or TypePad, or often it is an automatic setting
in the configuration. “Once this happens
all of the requests for your feed end up going
through FeedBurner and we are able to then measure
the size of your audience, the activity of your
audience, what pieces of content are they reading,
listening to or watching, where are they going,
are they clicking on links and which applications
are they using to consume that content.”
Once you have this data, Rick says, “You
are able to better understand your audience as
a publisher.”
Rick goes on to tell listeners that ultimately
what feeds have done is to give end users the
ability to decide that there’s content that
they like and have it automatically delivered
to them. It has the advantage over say email in
that there’s no spam. “You only receive
the feeds that you decide you want,” and
there is no opportunity for someone to illicitly
place content into a feed. Furthermore, you as
a user do not have to give anything up. It is
completely anonymous and when you decide you are
done, you can turn that subscription off and that
publisher no longer has the ability to reach you.
Chatting about feed audiences and how to define
them, Rick says that a year or two ago you might
have been able to answer that pretty definitively
and say that feed readers are early adopters and
that they are very tech savvy. “Today, I
think that the feed audience is the web audience.
Increasingly we are seeing such a tremendous overlap
that feeds really are going mainstream.”
What this means is if there’s content you
like, you can subscribe to it and that means that
for every type of content, there is some kind
of an audience out there.
Rick feels that now it is hard to pigeonhole
the feed audience anymore, whereas it used to
be much easier a while ago. We are seeing such
an explosion across the spectrum which is pretty
exciting because it means that truly feeds have
gone from an adopter phase into very much a mainstream
medium. Concurring with a MarketingSherpa report
published in August 2006, Rick agrees that a majority
of feed listeners are 35 or older. In his opinion
often people lose sight of the fact that as new
as this technology is, it has a very broad applicability
and “people tend to forget that.”
Talking about how people subscribe to feeds,
Rick says that being in the business of measuring
feed consumption; he has seen more than 3,000
different applications consume feeds. They are
as diverse as iTunes, TiVo, email applications
and cell phones. The reality, according to Rick,
is that they all have their own mechanisms for
enabling people to subscribe to content.
“We at FeedBurner have tried to address
that usability issue by making feeds much more
presentable and this has helped dramatically,”
Rick says. When people used to look at a raw XML
file in a browser i.e. before FeedBurner applied
a style sheet to them, people would get awfully
confused. By addressing the usability issue and
making feeds much more presentable, we have seen
direct evidence of subscriber growth trending
up.
Today Rick feels that video podcasts are just
as and even more popular than audio podcasts.
For him the release of the video iPod has helped
accelerate the adoption of video. Some of his
recommended podcasts include Ze Frank’s
“The Show”, Ask A Ninja and video
podcasts by CNN.
In the final segment of the show Rick talks about
the advertising opportunities available in feeds
and explains that feeds are free because of a
variety for technical reasons as charging end
users for the feed is often problematic. The good
news though is that there are a number of publishers
who are making significant amounts of money. “Advertisers
buy ad spaces through us in the particular channel,”
Rick explains, “and they pay us a CPM (cost
per thousand impressions) and we share that revenue.”
The majority of the revenue goes to the publisher
and we get a percentage and that allows publishers
who are offering content for free to monetize
the audience in a way that’s not off-putting,
but is very valuable for the advertisers, because
they get to be associated with quality content
in a medium that is very engaging.
Rick elaborates more saying that feeds are targeting
ads, not to the words in the post or the click
as the desired result. “We are targeting
the audience,” and are doing so with the
publisher’s involvement, and the advertisers
are paying for the presentation of the ads, for
the impression instead of the click, as the feed
model is one that is highly consumption driven.
While the ad might not necessarily lead to click,
it may yet serve a very important purpose. In
conclusion Rick says, “What we are trying
to help build is a brand advertising network.”
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