The word podcast was added to the Oxford English Dictionary back in 2005, but the term had yet to gain much traction in the media industry—as well as with the average consumer. Fast forward 16 years, and podcasting has blossomed into a burgeoning industry that provides brands with an opportunity to engage with a growing base of consumers that are very receptive to the engagement.
The transformation certainly didn’t happen overnight, but the rise in popularity of podcasts over the past six-plus years has effectively changed the landscape of the entire market. In addition to attracting rampant celebrity involvement and fueling original TV content, podcasts are attracting big ad dollars, with the Interactive Advertising Bureau (IAB) predicting that ad revenue will hit $2 billion by 2023, well above the $842 million generated last year.
Meningkatnya pendapatan iklan juga menunjukkan banyaknya pendengar yang mendengarkan podcast. Ini adalah perubahan penting, terutama karena pengiklan melihat podcast untuk mendapatkan peluang baru. Saat ini, hampir setengah (49%) dari pendengar podcast di Amerika Serikat adalah pengguna ringan yang mungkin baru mengenal media ini: orang-orang yang mendengarkan podcast antara satu hingga tiga kali dalam sebulan. Hal ini sangat kontras dengan pendengar podcast lima atau 10 tahun yang lalu, ketika sebagian besar pendengar berasal dari orang-orang yang cenderung mendengarkan setiap episode dari judul favorit mereka - episode yang biasanya dirilis seminggu sekali.
Evolusi keterlibatan podcast selama beberapa tahun terakhir menyoroti dua alur cerita penting:
- Minat konsumen terhadap konten baru yang menarik dari seluruh lanskap media terus berkembang, dan konten podcast telah terbukti menjadi pilihan yang menarik di antara pola konsumsi media jutaan orang Amerika, terutama selama pandemi global COVID-19.
- The pandemic paused the growth of heavy podcast listeners. With revised lifestyles and schedules over the past year, this isn’t surprising. Yet while the percentage of heavy listeners declined slightly last year, we’re now seeing it increase, rising from 25% earlier this year to just under 30% as of May. So we know there is a segment of the population that was very engaged with podcast content before the pandemic arrived, and we expect that audience to increase its engagement when the conditions (or content) are right.
Importantly, the pandemic has not had a negative impact on overall podcast engagement. While listener growth flattened somewhat during the second half of last year, it has ramped up notably in 2021, largely due to an increase in at-home listening, which is attributable to light listeners checking out the medium. The rise in at-home listening is also somewhat counter to historical podcast engagement, and again, speaks to the transformation of industry to a broader audience. According to Nielsen Daya Beli Podcast data, the percent of the adult U.S. population listening to podcasts has grown more than 40% in the past three years.
The increasing appeal of podcasts to general audiences is exactly why brands and agencies need to be tracking engagement with them and leveraging the opportunities in their marketing strategies and campaigns. And given the wealth of data about podcast listeners, brands have the ability to engage with listeners who are the most receptive to learning about their products and services.
For additional insights, download our latest Podcasting Today report.
