Podcast Advertising: The Safest Bet, with Sounds Profitable
Jun 19, 2024When it comes to finding the best medium to invest your media dollars, podcasts are the safest bet. They don't just boast impressive brand recall, positive brand sentiment, and massive, scalable, reach. Podcasts are also the most effective medium to drive ROI. Just consider this: On average, podcasts lead to a whopping a 16% increase in action, while TV and radio only lead to to +1% and +6%, respectively.
There are more insights where those came from, and we shared them all in our latest webinar with none other than Sounds Profitable. Greg Leader, our Head of Podcast Brand Partnerships teamed up with Tom Webster, Partner at Sounds Profitable, to showcase:
How podcasts outperform traditional media channels
Case studies that prove that podcasts foster favorability and brand awareness
The diverse landscape of content attracting these listeners
How the SiriusXM Podcast Network can help connect you to your target audience
They covered a ton of ground, which you can capture in full by watching the webinar recording below.
If you're short on time and just looking for the quick-hits summary, we've got that, too. Take a listen.
A special message from Ted Danson.
Podcast audiences are curious and attentive.
Highlight: "One of the questions that we asked in our previous study, The Ad Bargain, is, 'Are you more willing to consider products and services after you learn about them on this media?' And podcasting audiences were number one... And there's a very good reason for that. And the reason for that is the audience. The audience is a very curious, attentive audience. And that curiosity and that attentiveness also applies to the ads that they're hearing in the podcasts themselves." - Tom Webster
Podcasting is extremely competitive when compared to traditional media.
Highlight: "As you go lower in the funnel, you can see podcasting has a much more significant positive difference with favorability than television or radio did for their top advertisers. [In regards to] consideration, again, [it was] triple that of radio and nearly four times that of TV. And then for purchase, as we get lower in the funnel, podcasting showed a 16% point average positive differential. So, we know it's very competitive with traditional media—but it's also very competitive with digital media and, particularly, online video, especially for purchase behavior." - Tom Webster
Podcast listeners are very attentive to brands.
Highlight: "People are very passionate about brands and products that they're passionate about. I'm sure anybody watching this has a product or service or some kind of provider or company that you could wax poetically about to your neighbor for hours, right? We all have those brands... and podcast listeners, especially, are very attentive to brands." - Tom Webster
People think positively about podcasts.
Highlight: "Podcast ads work on a number of levels. And we've often talked about how they have a theater of mind in the relationship between the host. But there are really some very tangible, hard, tactical reasons why they work—and they're down to the audience. People are very positive about podcasting in general. People think very positively about the medium. Even people who don't currently listen to podcasts have a favorable opinion." - Tom Webster
People enjoy podcast ads.
Highlight: "Ultimately, people who listen to podcasts watch or listen to all of the ads... There's a unique bond here between the creators and the consumers of podcasting. They recognize that their support with sponsors and advertising is helping to make that content possible—and that bond extends to advertisers." - Tom Webster
Ready to invest your media dollars in a safer, more effective medium? We can help with that. Let's chat about how you can utilize The SiriusXM Podcast Network to reach your target audience.
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