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Why Podcast Advertising is AWESOME

Podcasters are by far the most loyal and engaged audience of a medium out there. According to AdAge.com, podcasts are able to engage listeners in a way that traditional media can’t. When you’re in a listener’s ear, it feels as if you’re speaking to them more directly. Audience members form relationships with the host and become more rapidly addicted to the content.

Adding to the “addiction” factor is the ability to take a podcast ANYWHERE they go. As a result, many listeners say that the podcast becomes a part of their daily routine, whether it be their commute, exercise regime, housecleaning or other ritual. Because it’s (mostly) audio, they can listen while doing other things - and then they consume more of the content.
Normally when you buy advertising, it’s in ONE publication or on ONE channel - but a HUGE benefit of advertising on a podcast is that it’s hardly EVER the only place you have exposure. Most podcasts have websites, social media channels, email subscription lists, blogs, and many even host or attend in-person events, either to speak, learn or record episodes live or just to host meet-and-greets. As a result, you have opportunities you wouldn’t have with other advertising options.
Podcast listeners are typically in the higher income brackets and have a higher education level demographic. In addition, because they’ve developed relationships with the host and the content, they’re more likely to make a purchase as a result of an advertisement they’ve heard through a podcast.
You’ll never hear about a person “just flipping” through podcasts. The shows that people download are carefully selected and curated by topic. The audience has made a conscious choice to listen to podcasts, and are much more invested in the topic, and by association, the products and services advertised.

Types of Podcasts

Types of Podcasts

There are lots of different types of podcasts. Originally, they were mostly in radio show format, which could include one host, or co-hosts in any number. Typically 2 or a panel of 3-4. As podcasting (and all media) changes, the formats change as well. Now there are all different kinds of formats, such as

More and more podcasts are being offered as a series instead of never ending, ongoing content. Some podcasts are being offered behind a paywall, or with “premium” pricing, like Issa Rae’s new podcast, Fruit.

 

The format can be important to the type of podcast you choose to partner with. Even though the content will be available after it’s released, if the show you choose is seasonal, there could be a large pause in the continuity. If this is congruent with a marketing goal of yours, great! But if not, you may want to look for a show that is ongoing, for example, instead of seasonal.

What A Podcast Is - Or Isn't

The word “podcast” comes from the first portable, DIGITAL music device, known as the iPod. The first iPods allowed people to carry their music around as digital files instead of tapes or CDs - and in addition, allowed people to create their own digital files for OTHERS to listen to as well, called podcasts.

A podcast is NOT a random piece of audio on a company’s website. It’s meant to be a syndicated series, and much like our current television media, can be offered and/or downloaded all at once, week-to-week, or in season format.

Podcasting began in 2004 and was a popular, yet somewhat underground medium for a long time. People who write about podcasting having a “renaissance” don’t realize that the popularity hasn’t surged, rather, it’s steadily grown over time since inception. What HAS surged, perhaps, has been media coverage. More media are noticing podcasts and writing about them, and as a result, the podcasting medium is being thought of as a viable channel for media buy and company investment.

% of People Who Have Ever Listened To A Podcast

2006
11 %
2007
13 %
2008
18 %
2009
22 %
2010
23 %
2011
25 %
2012
29 %
2013
27 %
2014
30 %
2015
33 %

Based on an 2015 Edison research survey entitled “The Podcast Consumer, 2015”.

% of People Who Are Aware Of The Term "Podcasting"

2006
22 %
2007
37 %
2008
37 %
2009
43 %
2010
45 %
2011
45 %
2012
46 %
2013
46 %
2014
48 %
2015
49 %

Based on an 2015 Edison research survey entitled “The Podcast Consumer, 2015”.

% of People Who Are Aware Of The Term "Podcasting"

2006
22 %
2007
37 %
2008
37 %
2009
43 %
2010
45 %
2011
45 %
2012
46 %
2013
46 %
2014
48 %
2015
49 %

Based on an 2015 Edison research survey entitled “The Podcast Consumer, 2015”.

You can see that the growth is not “all of a sudden” or groundbreaking. It’s not like it’s doubled in the past year. Far from it.

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