Podcasting are digital recordings (usually audio ) that can be accessed on demand either by streaming or downloading. The topics range from comedy (most popular) to fitness to education. They can be any length, although from everything that I’ve read, the sweet spot is about 30 minutes.
I’ve been thinking about podcasting for about a year now because the podcast market has been growing every year and is a great way to reach your target audience. This is one more way that we can reach out and inform, and, in doing so, help more people to reach their goals.
There are some exciting statistics on the reach and effectiveness of podcasting.
In recent research from March 2018, PodcastInsights notes that:
- 50% of all US homes are podcast fans (Nielsen, Aug 2017)
- 44% (124 million) of the US population has listened to a podcast – up from 40% in 2017 (Infinite Dial 18)
- 17% (48 million) listen to podcasts weekly – up from 15% in 2017
- 16 million people in the US are “avid podcast fans” (Nielsen Q1 2018)
- 49% of podcast listening is done at home, down from 51% in 2017
- 22% listen while driving (in a vehicle), same as 2017
- Podcast listeners listen to an average of 7 different shows per week, up from 5 in 2017
- 80% listen to all or most of each episode, down from 86% in 2017
- 65% of monthly podcast listeners have been listening for less than 3 years
If you’re unsure of how to go about starting, there are online courses and even podcasts on how to start a podcast. I just finished taking an online course from Adam Carolla (#1 podcast at PodcastOne). ADAM CAROLLA Teaches You Podcasting!
I know, you probably are thinking that you’re already spending too much time away from your clients to jump into something new. I get it, but here’s the thing, building your business requires that you spend time ON your business, not just IN your business. ON your business includes building your (or your company’s) brand. That includes social media marketing, blogs, videos, and yes, even podcasting. It all adds to your credibility and helps build an audience that knows, likes, and trusts you, and when that happens, you become their preferred choice with whom to do business. The payoff in new clients and more loyal current clients, will be well worth the extra time investment.
3 thoughts on “Should You Start Podcasting?”
Interesting. Thanks for the data and the pointers, I think I’ll start podcasting.
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I think it’s a medium that’s growing too fast to ignore. Good luck with it, Klasik.