Ending Soon! Save 33% on All Access

Ads on podcasts and audio platforms prove to be more effective with the audience After confinement, audio formats became highly relevant in the daily lives of thousands of people.

This article was translated from our Spanish edition.

Shutterstock

Whether as pieces of information, personal growth or mere entertainment, the podcast has created communities in which the presenters of said productions are able to create an auditory image that makes listeners feel identified with certain beliefs, ideas, opinions and positions , which promotes a feeling of connection with the host.

This phenomenon opened a window of opportunity in terms of marketing because, according to a study carried out by Magid for iHeartMedia and PMX , an investment arm of Publics Media, 53 percent of those who listen to sound products find the most relevant radio and podcast ads. than in any other medium, which translates into decisions to purchase products or download digital content such as music albums.

Of all those surveyed, five percent said they listen to commercials more often on radio and podcasts than in any other medium and 51 percent said they were more likely to trust the truth of the ads they heard on their phones. favorite audio platforms.

Along with the popularity of the content, podcast presenters or hosts are better accepted and considered honest and trustworthy when they are perceived as authentic and have a connection with their audience, which makes them the perfect influencers for thousands of brands. Worldwide.

According to Insider Intelligence , it is estimated that by 2023, the income of those who advertise through audio pieces such as podcasts and radio, will exceed two billion dollars, in addition to ensuring that 61 percent of audio platform subscribers plan to increase their podcast consumption within the next twelve months.

Likewise, the qualitative results of the survey showed that a large part of the population sample of people between 18 and 64 years of age who listen to at least one hour of audio per month and use social networks, acquired a product or service that they heard about in their favorite programs. .

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.