With Podcast Ad Revenue Rising, Audience Measurement Catches Up
While eMarketer projects that podcasts will grab $400 million in ad spending by 2011, BusinessWeek was wondering who’s tracking the audiences for this medium? One answer may come from podcast company Podtrac, which today launched a free online media planner that lets advertisers research audience information for audio and video podcasts based on demographics, size, and other characteristics. The company claims to connect some 5,000 of the top podcasters to advertisers but says it includes data for all podcasts in the new service—including those from major media companies with whom Podtrac is not affiliated. The data is indexed to information in Mediamark Research’s Survey of the American Consumer. Podtrac combines MRI’s consumer stats with data from Podtrac’s own survey of 70,000-plus podcast users along with audience metrics from 3,000 registered podcasts the company tracks, according to Mediaweek.
Others are also working to make podcasts a more viable ad medium. BW points to Kiptronic, a startup that places ads within audio and video podcasts. Jonathan Cobb, the company’s CEO, told BW that marketers have been skittish about advertising on a digital medium that, though it reports downloads, can’t always charge based on the number of people who interact with the ad. In his pitch, he pointed out that TV and radio do not provide click-through rates either. Ultimately, he said, if marketers have audience data from a third-party source, they’ll advertise.
Related:
—Outlook for Interactive Ad Spend Is Strong, With Some Big ‘Ifs’
—Podcasting Roundup: Ad Networks Kiptronic, Podtrac Launch; Audible WordCast Opens For Business
Posted In: Advertising, Media & Publishing, Podcasting
Comments (1)
Feb 14, 2007 5:58 PM
At Raw Voice, we’re doing our part to make podcast advertising a viable medium. We have the right to negotiate ads for over 1000 podcasts. And we currently have more than 200 podcasts earning ad revenue between our Blubrry and PodcasterNews properties.
We have a deep connection with our community of podcasters, probably more so than the other companies mentioned in the Business Week piece. As such, we can offer advertisers Cost Per Acquisition (CPA) deals that lowers the risk for the advertiser and increases the return for the podcaster when they do convert a sale. So podcasters are rewarded based on influence and advertisers get quantifiable results.
Surveys and auto-insertion technology, while important in the overall process, will not be the reasons that podcast advertising will move to the next level. Organizations that have very close relationships with quality podcasters will be able to offer the most flexible deals that will benefit the advertiser, the podcaster and the audience.