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60% of podcast listeners search for a product/service after hearing an ad

60% of podcast listeners search for a product/service after hearing an ad
By
21 August 2019 (Edited 21 August 2019)

25% said they have bought a product/service discovered through a podcast ad

Adobe Analytics has released results of a survey into the audio-streaming habits of 1,008 adult US podcast listeners, augmented by Comscore data from 193M unique visits to US mobile apps per month between January 2018 and May 2019.

Key findings:

  • Podcast mobile app usage has increased by 60% since January 2018.
  • 25% of current podcast listeners first began listening to podcasts in the past 6 months.
  • 45% said they plan to listen to more podcasts in future.
  • Sources of podcast program discovery:
    1. Online blogs and articles 41%
    2. Friends 24%
    3. Within an app 16%
    4. Family 14%
    5. Colleagues 4%
    6. Other 3%
  • 72% of listeners say quality of podcasts is increasing, vs. 6% decreasing
  • Millennials are the largest listener base: nearly 1 in 3 listens to 5 or more podcasts per week.
  • 67% of Gen Z said they plan to listen to more podcasts next year.
  • When people listen to podcasts:
    1. While commuting to work or working 52%
    2. In the car 42%
    3. On airplanes 18%
    4. On vacation 16%
    5. At the gym 16%
  • Podcasts may be preferred over broadcast radio because on-demand and portable.
  • Preferred genres (top 4):
    1. Comedy/humor 46%
    2. Educational 28%
    3. History 27%
    4. True crime/crime documentary 26%
  • Preferred length: under one hour

Podcasts and advertising:

  • 72% of listeners surveyed said they have heard an ad while listening to a podcast.
  • 60% said they've searched for a product or service after hearing an ad on a podcast.
  • 25% said they have bought a product/service discovered through a podcast ad.
  • 33% said they find podcast ads more engaging than ads in other formats.
  • 40% said they find podcast ads less intrusive than other types of ads.
  • But 58% said they have skipped through podcast ads.

====================

Comments:

  • Note small sample size (1,008).
  • Re demographics, we're told only that sample population is skewed toward Millennials, followed by Gen Z. We don't know anything about distributions by sex, household income, ethnicity, language, region, education, etc., etc.
  • Remember people tend to tell survey-takers what they think they want to hear; numbers re advertising especially may be over-optimistic.
  • And we're told nothing about what kinds of products/services were being advertised on what type of podcast.
  • Intriguing findings, but I believe a deeper research dive is needed before investing significantly in podcast ads.

And if you have questions or comments, you can easily send them to me with the Quick Reply form, below, or send me an e-mail.


David Boggs    - David
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External Article: https://www.cmo.com/adobe-digital-insights/articles/2019/7/31/podcasts-grow-into-effective-advertising-medium-as-consumption-rises.html#gs.xbztqy


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