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Announcing the Chris Martenson Podcast Series

Monday, December 29, 2008, 1:47 PM

I'm writing today to introduce a new product that we're introducing this week, The Chris Martenson Podcast Series. The new audio podcast format will give paid subscribers the opportunity to ask Chris questions and get them answered in a regular program that will follow the format of a radio talk show.

These podcasts will usually conform to this format:

  1. Chris will choose a topic of interest and describe it in some depth. Think of this like a virtual Martenson Report.
  2. We'll review current events and recent developments with the Three E's.
  3. I'll ask Chris to answer a series of "viewer questions". Paid subscribers can submit questions for this segment. Due to time limitations, we can't promise to answer every question received, but will do our best.
  4. The final segment will focus on longer-term issues.

Our first Podcast is scheduled to be recorded on Friday January 2nd. We'll announce the availability of the first Podcast here on the main blog when it is available for download by paid subscribers.

We're working on setting up a form to allow paid subscribers to submit questions, but it won't be done in time for the first episode, so we'll be using the Contact form already on the site temporarily. Paid subscribers can submit questions up until noon on January 1st for the January 2nd Podcast, by doing the following:

  1. Click the Contact menu on the web site.
  2. On the Category drop-down, choose Podcast Question.
  3. When you type your question, please include your first name and city and state (or country). This is so we can introduce questions in the form "Joe from Pensacola, Florida writes..."
  4. Please be as concise as possible in wording your question.

Immediately after each Podcast is recorded and produced, it will be "released" to paid subscribers as an .MP3 audio file on the web site. Subscribers may download it and play it on their computers or on an MP3 player such as an iPod, as you prefer.

Podcasts will be released immediately to paid subscribers, and will subsequently be released to all registered users one month after the original release date. We feel that this structure equitably delivers timely content to paid subscribers, while still offering those who are unable to afford paid subscriptions with access to the information after a delay period.

We hope you'll enjoy this new feature. You've asked us to bring paid subscribers more benefits to justify their subscription fees, and we're working hard to do just that.

Erik Townsend
Business Manager
PeakProsperity.com

 

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24 Comments

Lemonyellowschwin's picture
Lemonyellowschwin
Status: Platinum Member (Offline)
Joined: Apr 22 2008
Posts: 561
Re: Announcing the Chris Martenson Podcast Series

Cool!

switters's picture
switters
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Posts: 744
Re: Announcing the Chris Martenson Podcast Series

Looking forward to it very much.

fenwaydave's picture
fenwaydave
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Joined: Oct 24 2008
Posts: 4
Re: Announcing the Chris Martenson Podcast Series

Erik:

Has Chris considered an adjustment in price for the subsctiption service?  I can't help but think you would have an 8-10 fold increase in subscribers by lowering the rate to $5-7/mo.  It's as much a mental hurdle as it is a practical hurdle.  I pay less than $300/year for my local daily newspaper and weekly business newspaper combined in a top 20 media market.

I assume your fee structure is by design and your goal may not be to amass as many subscribers as possible. But for whatever it is worth - I would gladly pay $50-60 year for access to your exclusive information but will likely never pay $300 - even though I can afford it.  This is an observation, not a complaint.  Thanks to the entire team for the information you provide free of charge on a regular basis.

Woodman's picture
Woodman
Status: Diamond Member (Offline)
Joined: Sep 26 2008
Posts: 1028
Re: Announcing the Chris Martenson Podcast Series

Fantastic!  Podcasts are my top daily way of getting news and education while working out or working on the house.

SteveS's picture
SteveS
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Posts: 358
Re: Announcing the Chris Martenson Podcast Series

Is there a 'Topic of Interest' chosen for the first one?

Erik T.'s picture
Erik T.
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Posts: 1234
Re: Announcing the Chris Martenson Podcast Series

Thanks for your candor, fenwaydave.

The short answer is yes, we're evaluating the business model and plan to explore different possibilities. I can't say much more because there are no firm decisions yet.

Erik

 

Morpheus's picture
Morpheus
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Posts: 1200
Re: Announcing the Chris Martenson Podcast Series

Very nice.

 

 

gauntlett's picture
gauntlett
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Posts: 49
Re: Announcing the Chris Martenson Podcast Series

While I agree that a lower monthly fee would be helpful to all of your budgets I think $5-7 a month is too low.  With anything if you lower the price too much people perceive it as cheap.  I'd rather be on the higher side and not be placed in the discount category or mediocre category.  If Chris were to decide to lower the monthly rate I think $15.95 or a rate below $20.00 or between $20.00-$30.00 would make more sense.  Regardless I plan to continue my subscription.  His reports are interesting and full of valuable information, which I'm happy to pay for.  

 -G

cannotaffordit's picture
cannotaffordit
Status: Gold Member (Offline)
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Posts: 273
Re: Announcing the Chris Martenson Podcast Series

Eric

There are no doubt some of us who, despite our most attentive efforts, are now retired and have lost a considerable amount of our life savings in the present debacle, and the 2000-2002 market downturn.  To be quite honest, the present fee is somewhat of a stretch, but we are trying to keep it up just because we appreciate, so much, the info we get from Chris. Just  FYI, we contacted another very reputable organization that also has good information, and after understanding our situation, they agreed to cut their price, for us, to 10% of the regular price.  I am NOT suggesting Chris cut his that much, but even a "half price special" or something like that, might be a great way to reward some of us who are onboard with you for the long haul, have been active in promoting he Crash Course, etc.  Just a thought.  Believe me, we will appreciate anything at this point.  :>) 

petski's picture
petski
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Posts: 3
Re: Announcing the Chris Martenson Podcast Series

I too expressed hesitation at the subscription rate. I previously used the Email contact route, but never received a response, so this time I'll post my request.

My concern as to the value of a full membership subscription is that I have never seen a full "Martenson Report". This makes it hard to judge it's value relative to other sources of information. My request would be for this site to make available an example "full report", say six months to a year old. This could go a long way in persuading new members that the information actually is worth the price.

P.S. I vote for something in the $10.00 to $15.00/month range. That is, unless I find the full membership data is undervalued at this price range.

AndyB's picture
AndyB
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Posts: 26
Re: Announcing the Chris Martenson Podcast Series
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deadman's picture
deadman
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Re: Announcing the Chris Martenson Podcast Series

Just the other day I was day dreaming about 4-5 minute video clips of Chris Martenson talking about current/daily events similar to Tech Ticker on Yahoo! Finance. This sounds like an hour long(?) radio show...which is great. I hope it evolves to a stage where it's all about the daily blow-by-blow diagnosis.

Ron Shimshock's picture
Ron Shimshock
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Posts: 35
Re: Announcing the Chris Martenson Podcast Series
petski wrote:

I have never seen a full "Martenson Report". This makes it hard to judge it's value relative to other sources of information. My request would be for this site to make available an example "full report", say six months to a year old. This could go a long way in persuading new members that the information actually is worth the price.

 

petski and AndyB,

Please scan through the Martenson Reports located on the main page by clicking here.  There are a number of reports which are publicly available to everyone. Here are just a few examples:

Also on a variety of occasions Chris has publicly shared financial analysis performed in a Martenson Report after it has been available to subscribers for a period of time.  The Martenson Reports are not just a repackaging of Crash Course information.

Ron

cat233's picture
cat233
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Re: Announcing the Chris Martenson Podcast Series
With Chris' knowledge, experiance and wisdom, he has developed The Crash Course, this web site, and his blog.  This wasn't to help himself, but to help others.  These have been provided to us for no cost.  He has spent years researching and gathering information.  Daily he combs through the mess this world is in and provides us with the most important information. 
I feel fortunate to have stumbled across this web site.  I am most grateful for the continuing information Chris provides... Free of charge. 
You cannot put a price on his knowledge, wisdom and experience, The Martenson Reports are priceless.
Cat
Erik T.'s picture
Erik T.
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Re: Announcing the Chris Martenson Podcast Series

deadman,

We're evaluating a lot of different possible formats - pre-recorded podcast, live podcast with live Q&A, webinars with charts and graphs... We got so consumed with evaluating all the possibilities that we found ourselves stuck in analysis paralysis!

The plan is to start with weekly pre-recorded podcasts. After the first one is published, I'll be starting a discussion in the forums to talk about how to improve it. That would include both the format of the podcast, as well as the matter of podcast or another format entirely, such as live webinars.

Crawl...Walk...Run... :-)

Erik

 

kucker64's picture
kucker64
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Re: Announcing the Chris Martenson Podcast Series

I just wanted to reiterate some of the previous comments. I think a compromise of lowering the montly membership to a $15-20 montly level would greatly increase membership without "cheapening" the image of the site.

 In addition, I would considering putting the podcast out there for Free. Podcast are great marketing tools and can really spread the work easily via word of mouth - especially if prominant listings in itunes or the other larger trackers could be achieved.

Keep up the great work. Thanks to everyone who contributes to this great site.

fenwaydave's picture
fenwaydave
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Re: Announcing the Chris Martenson Podcast Series

Regardless of the fee stucture - I will continue to visit the site on a regular basis and promote the material.  There is no question that the information is valuable on both sides of the site.  While there is an obvious perception risk by lowering the monthly fee too far, you must also keep in mind that many of us look to a wide range of "council" for information and opinion before formulating our own conclusions.  It's not necessarily a question of whether any one site is worth $5/month or $50/month.  Chris's insider reports may well be worth more than what he is currently charging.  But if I want to subscribe to a dozen sites in order to establish my team of advisors and the market seems to be under $10/mo for subscriptions - that plays into the decision.

Chris will figure it out. I have no doubt that ongoing adjustments will be made in order to meet the desired objective.  The best thing "we" can do is provide respectful feedback, play within the rules that the owner of this site has established for his site, and respect Chris' right to run his business as he sees fit.

 Thanks for the feedback Erik...

Linda K's picture
Linda K
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Posts: 56
Re: Announcing the Chris Martenson Podcast Series

Looking forward to the podcasts.

Lots of comments here on $. Speaking for myself, our household is looking for ways to cut down costs any way we can.We're not from traditionally highly paid fields (artists) so any reduction in fees would be welcome. I get the argument for showing respect with your wallet but hope those that find it increasingly difficult to do so won't be considered freeloading bumms. If your beliefs include a future with more barter, I submit for some that future is now.

EndGamePlayer's picture
EndGamePlayer
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Posts: 546
Re: Announcing the Chris Martenson Podcast Series

RE: Sub Price.

If you think $30 a month is high - my dad used to pay over $800/yr in the 1980s for Peter Lynch financial reports. I can't say it made him money - but it saved his butt more than once when the report said it looked like hard times were coming and he pulled out to maintain capitol. And in all the years he read them - it only made him $ once - when he invested in gold and made a small fortune. So, . . .

I have no problem with the cost since I've been reading reports since I was a kid. What's sooo intriguing about Chris's method is that in his Crash Course - he first laid out with clarity - the economic system. . . something in all my years - no one has taken the time (or effort) to do.

Do I expect any of Chris's report to make me money? - NO! I expect insight - and that's more than I get from the yahoos on msn, nbc, cbs or cnn who say - hold out for the long run - 'cause the long run is over and they just didn't know it - but Chris does.

From his insightful clarity of bringing me the info of what moves - I can then formulate what actions (if any) will work for me.

Chris should be rewarded for what he does - particularly since he does it so well. 

Playing My End Game

AndyB's picture
AndyB
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Re: Announcing the Chris Martenson Podcast Series

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cat233's picture
cat233
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Re: Announcing the Chris Martenson Podcast Series
AndyB wrote:

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Andy B...
I know you don't know me, and you have no idea how profound this really is... You have left me speechless....
Cat

 

cannotaffordit's picture
cannotaffordit
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Posts: 273
Re: Announcing the Chris Martenson Podcast Series

So, what we notice today is that everyone has an opinion on everything.  And the interesting part is that everyone thinks their opinion has value.  Or, if not, then they just like seeing their own words in print, whether what they say has much value to anyone else or not. (me included)  

I have often wished I could make the money some of the TV talking heads get for just giving their opinion, which, in my opinion, is pretty worthless.

As I see it, Chris is both an astute businessman (more so, now that he has Erik) AND he is a guy who is a great teacher and really wants to contribute something of value to his fellow human beings. (i.e. his free Crash Course, etc.)   

So, my guess is that Chris, et al, will either (1) set the charges at a price that will work for his business, i.e. taking into account his expenses, etc. OR (2) he will choose to get everyone on the site involved in some sort of "vote" for various price points, then make his decision.  Or (3) he may just leave it as it is, which is, of course, his prerogative. And, I'll bet he, Becca and Erik has several other ideas as well.

Either way, we will each choose to be a "paying customer" or not, based on what we think the value of the info is to us, individually.  And, Chris will get whatever volume of business he gets.  That's how a for-profit enterprise works. 

Or, maybe he will set up some elaborate network marketing scheme, so that as we each bring so many additional paying customers on board, our "subscription" will cost less and less. (Personally, that would kill the whole deal for me.)

Whatever.  Just having some fun, to end this miserable year.

Meantime, from the Great Northwest, we wish each of you a Healthy, Happy, Peaceful and Prosperous 2009. 

 

Moderator John's picture
Moderator John
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Re: Announcing the Chris Martenson Podcast Series

We would like to remind our users to keep discussion civil and relevant. If you have an issue for discussion not
related to the blogpost or thread you are currently in, please create
an appropriate thread in the forums. If it is an issue that isn't for discussion, and would be inappropriate in the forums, (see the stickied threads, such as this one, to help determine that), please e-mail us directly using the contact form.

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Septimus's picture
Septimus
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Posts: 200
Re: Announcing the Chris Martenson Podcast Series

I also believe the subscription fee should be lowered and more content provided for the fee. $10 to $15 per month seems reasonable. The podcasts should also be always available as MP3 files for download even if later a live stream is offered. I say this as a current subscriber. This is the most I am paying for any subscription and I clearly find the information valuable but have to frequently convinvce myself to stay subscribed when the same amount of money would go a long with with several other subscriptions. For example, Glenn Beck (GlennBeck.com) charges $60 a year and you can dowload every three hour radio show later the same day it is broadcast, Jerry Pournelle (JerryPournelle.com) works on a volunteer donation basis (asking for between $20 and $100 per year), etc. Both of these people have much congruence with Chris' outlook although their styles are quite a bit different (and different from each other too). All I am saying is that the additional information one receives when paying should be less expensive. I have given out 25 of the DVDs so far and am spreading the word.

Excelsior!

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