Does Podcast Advertising Work?

YES!!!

Podcasting has already arrived at the level of TV & magazine in both quality of production and content. In addition, podcast advertising is more beneficial than TV, magazine or radio advertising to your company brand. Why?

Podcasts are a more accessible form of media than TV, magazines or radio

A podcast can be viewed or listened to by anyone with an internet connection, anywhere in the world, anytime, usually for free. Listeners don't have to worry about tuning in on a specific day or at a specific time. That is the beauty of a podcast subscription! The podcast comes to the listener and is available when the listener wants it.

Podcasts are a more permenant form of media than TV, magazines or radio.

A podcast can be watched and re-watched again and again, all at the viewer's convenience. It is always possible to go back and watch past episodes. In fact, 1/3 of all weekly downloads are past episodes. This kind of permenance is not possible with the other forms of media. Once your ad runs on a TV program it is dead.

Podcasts have a much higher pass rate than TV & radio programs or magazines

Because a podcast can be watched anytime and can be replayed over and over again, people pass it along. A recent study showed that for every download of a podcast it got passed an average of 29 TIMES! Compare that to the average pass rate of a magazine which is nearly zero. Thus, advertisers are taking notice of podcasts as a more affordable and efficient way to get their message out to more people.

Podcasts establish a more intimate connection with their audience than TV & radio programs or magazines

A podcast audience is not just passively listening between traffic updates as they commute. They are an audience that has taken action to hear or watch a specific show, an audience that cares about the subject matter and an audience that has found exactly what they want! When a listener chooses to listen to a podcast they choose content that speaks directly to their specific interests. Podcasting’s interpersonal nature and people’s passion for a given niche topic go hand in hand. This natural, conversational connection provides a unique opportunity for sponsors to participate in the community dialog. As a result, podcasting makes it easier for advertisers to affordably achieve an emotional connection between listeners and their brand.

The Value of Podcast Advertising*
The size of the podcasting audience exceeds most observers’ expectations. 51 million, or 21% of Americans, say they have watched or listened to an audio or video podcast in the last month.
The monthly podcast audience represents 26% of all Internet users but 43% of all time spent online. Those who consume monthly podcasts say they spend an average of 12 hours 4 minutes online per week compared to 5 hours 45 minutes for those online who do not listen to or watch podcasts.
Fifty-two percent of monthly podcast consumers have purchased online in the last month versus only 28% for nonmonthly podcast consumers. In addition,twice as many monthly podcast consumers have made a purchase online in the past week (22%) compared to those who do not regularly consume podcasts (11%). Those who listen to or watch podcasts also spend more money online. The monthly podcast audience spent an average of $720 in the last year compared to an average of $522 spent online among those who don’t watch or listen online.
Audio podcasts are the soundtrack and point-of-purchase advertising medium for online shopping and buying. Forty-two percent of audio listeners say they have listened to podcasts while researching a product or service online, while more than one-quarter of audio listeners (27%) listen to podcasts while shopping and purchasing online. Podcasting offers advertisers “the last word before the sale” for those who research products and make purchases online.
The Podcast audience is more likely to use software to block banner ads, spam and pop-up advertising. Six in 10 monthly podcast consumers (60%) say they use pop-up–blocking software on their home or work computers, compared to only 36% and 39% of non-podcast users, respectively. Nearly two-thirds of the people who tune to podcasts use programs to block spam (64%), and 39% block Internet banner ads. Traditional podcast commercials inserted directly into online programming are not affected by these technologies and may prove to be an effective way to reach this audience.
Running a podcast advertising schedule for at least one month can potentially double the reach of the campaign. Fifty-one million Americans, or 21% of the U.S. population,used podcast audio or video in the last month while 30 million, or 12% of Americans, have done so in the last week. Thus, advertisers who run podcast advertising schedules for at least a month can help maximize the reach of their campaign.
*statistics courtesy of Arbitron/Edison Media Research Internet and Multimedia 12: The Value of Internet Broadcast Advertising 2004.

Sales Contact

Lee Gibbons

email: lee(at)podango.com 801-318-6000