Podcast ad recall rates impressive

Advertising during podcasts has been thrust into the limelight, thanks to recently released data from a series of ad effectiveness studies.

by Helen Leggatt

Podcast audiences are loyal to their regular hosts and pay attention to the advertisers that support their favorite shows, according to online and podcast show network, Podtrac and TNS.

Podcasts attract niche audiences that are more receptive to the carefully targeted brands being advertised or that are sponsoring their favorite shows. So much so, the average unaided ad recall among Podtrac’s respondents was 68%. Podtrac’s CEO Mark McCrery says this is “considerably higher… than in other offline and online media.” He’s not wrong. Industry benchmarks currently put unaided recall for ads in streaming video at just 21%, mobile ads 20% and television 10%.

Some experts believe that ad recall might not be such a viable measurement of an ad's effectiveness. However, Podtrac's studies showed a "73% increase in likelihood to use or buy an advertised product which is an indication of successful targeting, the unique relationship audience members have with the hosts of today’s online shows, and their ability to quickly move audiences from awareness to consideration to purchase,” said Velvet Beard, Podtrac’s vice president of products.

So what of the future of podcasting? According to eMarketer analyst Paul Verna in his report “Podcast Audience: Seeking Riches in Niches”, the podcasting audience is set to rise 251% to 65 million in 2012. The same goes for spending which will he predicts will rise from last year’s $165 million to $435 million in the next four years.