Amazon's Niche-First Growth
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A discussion about podcast growth strategies, focusing on how to build audience through targeted niches before expanding broader, similar to Amazon's growth strategy.
Key Growth Principles
- Start with specific niches rather than trying to be broad immediately
- Target underserved audiences who are passionate about specific topics
- Build engagement through unique, hard-to-find content
- Gradually expand to more topics while maintaining core audience
Successful Content Strategy Examples
-
My First Million Podcast
- Started focused purely on "how people got their first million users/revenue"
- Gradually expanded to broader business and entertainment topics
- Now includes varied content while maintaining business focus
-
How to Take Over the World Podcast
- Shifting from well-known historical figures to niche historical characters
- Example: Brigham Young episode performing well due to passionate Mormon audience
- Strategy: Find topics where audience is passionate but content is scarce
The "Representation Effect"
- When content represents underserved audiences, they rally behind it strongly
- Examples:
- Bruno Mars getting massive Filipino support
- Bjork receiving strong Icelandic backing
- Nelly getting overwhelming St. Louis support
- These audiences are passionate because they rarely see representation
Growth Framework
- Identify underserved niches with passionate audiences
- Create high-quality, unique content for these audiences
- Build strong engagement within each niche
- Gradually expand to new niches while maintaining existing audience
- Eventually bundle multiple niches into a broader platform
Key Success Factors
- Focus on unique, hard-to-find content
- Target audiences who don't have many options for content
- Build genuine connections with niche communities
- Maintain quality while expanding reach
- Let organic growth drive expansion into new areas
28:01 - 30:18
Full video: 31:46BW
Ben Wilson
Ex-Producer of MFM
Ex-Producer of the "My First Million" podcast and founder of Takeover Media and Host of the "How to Take Over the World" Podcast.