The FIPP Insight Publications

WHY PODCASTS WORK FOR ADVERTISERS

According to the “Audio:Activated” Study, a fourcontinent research project commissioned by BBC StoryWorks (BBC Global News’s branded content division), podcasts deliver the following results for advertisers:

• Podcast branding messages stand out, with 16% higher engagement and 12% higher memory encoding than the surrounding content, almost 20% higher than radio measures which score 5% lower than content

• 76% of listeners say they’ve taken action after hearing a podcast ad, which could include visiting a site, making a purchase, or taking out a subscription

• 94% of listeners consume podcasts while doing other tasks. This mode of listening elevates engagement with the brand, the study found

• Podcasts are consumed in ways that are additive to the marketing mix

• Podcasts are a particularly effective way to reach ad avoiders

• The language of a podcast creates subconscious associations with the brand

• Podcasts deliver lifts in awareness (+89%), brand consideration (+57%), brand favourability (+24%), and purchase intent (+14%)

Because of the unique way podcasts are consumed — usually whilst multitasking — brands are now able to reach people in what were previously thought to be unreachable moments. This is an enviable commercial opportunity as it is additive to the marketing mix.

Podcasts: The Latest New Revenue & Subscriptions T

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https://fippinsight.pressreader.com/article/282248077647925

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