Buying The Top Five Podcast Networks Reaches 50% of Weekly Podcast Consumers

 

One of the reasons we started the Podcast Consumer Tracker here at Edison Research was to answer some of the most common questions media buyers and agencies have about buying podcast advertising. While in its early days podcasting was not considered a “reach” medium, today with the growing size of the leading podcast networks, efficient buys at scale are now increasingly possible.

We took a look at the cumulative data from Q4 of 2019 (we are just about to deliver Q1 2020 to clients) to get a sense of the unduplicated cumulative reach of the leading podcast networks. The top network in our tracking study currently reaches 22% of all weekly podcast consumers (which, according to the Infinite Dial 2020, is currently 24% of the population ages 12+.) When you add the second leading network into a hypothetical buy, and eliminate the duplicated listeners, leaving only the new, unique listeners of the second-leading network, a media buyer can then reach 31% of weekly podcast consumers.

Our research shows that 50% reach of weekly podcast consumers can be achieved through buying the top five podcast networks. Achieving that kind of reach 10 years ago would have meant buying thousands of individual podcasts, but as these reach numbers continue to change, buying podcasts at scale is more feasible than ever.

The Podcast Consumer Tracker is the only comprehensive measure of podcasting’s reach and audience. For more information on this study, please contact Tom Webster at twebster@edisonresearch.com.

Edison Research Releases Podcast Industry’s First All-Inclusive U.S. Top 10 Podcast Ranker

 

Edison Research is pleased to announce its first Top Ten Podcast ranker, new from the company’s subscription product, the Podcast Consumer Tracker (PCT). The ranker depicts the top ten podcasts in America by reach among weekly podcast consumers. The PCT is the only comprehensive and all-inclusive study of the reach of podcast networks and shows in America.

The top ten podcasts in America for the third and fourth quarters of 2019, as ranked by the percentage of weekly podcast consumers 18+ who have listened to them, is as follows:

  1. The Joe Rogan Experience
  2. This American Life
  3. The Daily
  4. My Favorite Murder
  5. Crime Junkie
  6. Stuff You Should Know
  7. Wait Wait…Don’t Tell Me!
  8. Serial
  9. Pod Save America
  10. Radiolab

Begun in Summer 2019, the PCT is now in its third quarter of fielding and is the only study that measures the entire podcast space continuously, compared to other download rankers which only measure participants/customers of those rankers, or users of a specific platform. As such, the PCT offers a holistic view of the reach and impact of all leading podcasts and podcast networks.

“This ranker looks deceptively simple,” notes Edison Research  Senior Vice President Tom Webster, “but it’s the product of hand-coding tens of thousands of podcasts from a sample of over 4,000 podcast listeners. Podcast listening is still fairly fragmented, and it wasn’t until we had this large a sample that we felt it would be responsible to even put out a top ten, let alone a longer list.”

The PCT is sampled continuously throughout each quarter to negate the effects of limited releases and new shows and is weighted to the industry standard measure of podcast listening, the Infinite Dial research series from Edison Research and Triton Digital.

“Attempting to distill the listening habits of thousands of podcast listeners is a formidable research challenge, not to be entered into lightly, and certainly not by fielding a small sample study over a handful of days,” said Webster. “Fortunately for us, we had the mechanisms and methodology in place from other large sample projects, like our Share of Ear® series, to do the task justice and finally provide podcast networks, agencies, and media buyers with numbers they can trust and that can be projected across the entire listening population.”

How The Study Was Conducted: The Podcast Consumer Tracker data is based upon 4,053 online interviews with weekly podcast consumers in the United States, ages 18 and older. Interviews were conducted in English and Spanish. Sampling was conducted continuously over the last two quarters of 2019, with Quarter Three interviews conducted July 7 through September 30, 2019 and Quarter Four interviews conducted October 1 through December 21, 2019. All respondents were instructed to enter the names of all podcasts they listened to the week before the interview into an online diary and were provided instructions to obtain that information from their podcast client/player of choice. All responses were unaided and hand-coded by Edison to determine actual show name, producer, genre, and other information. Data is weighted to nationally representative numbers for weekly podcast consumers from The Infinite Dial 2019, from Edison Research and Triton Digital.

The Podcast Consumer Tracker is Edison Research’s flagship podcast research study and is subscribed to by a host of producers and agencies including NPR, Wondery, WarnerMedia, ESPN, and many other leading players in the space. In addition to network reach statistics, the study also provides the only nationally representative look at the purchasing and consumption patterns of podcast listeners, content preferences, and advertising targeting information across a broad array of consumer goods and services.

Fielding is continuous and currently underway for the next quarterly report in the series, to be delivered in April 2020. More information is available at https://www.edisonresearch.com/the-podcast-consumer-quarterly-tracking-report/. 

Tom Webster on Podcasting’s Biggest Mistake

Edison Research Senior Vice President Tom Webster speaks often on podcasting and the trajectory of the medium, and his recent trip to Podcast Movement Evolutions inspired him to consider what could loom as Podcasting’s Biggest Mistake.

Yes, podcasting sprang from the loins of radio — so stipulated. But over the course of about 11 years, from 2004 to 2014, it became its own dog. There was no Big Podcasting. You might quibble about NPR/This American Life, but really, the audience sizes were nowhere near where they are today, so it’s hard to think of anyone in the first 11 years of podcasting as Big Podcasting.

Podcasting didn’t start in control of the monied few and gradually become democratized. Podcasting started as a democracy, and now faces the incursion of the monied few.

Click here to read the rest of  Tom Webster’s Podcasting’s Biggest Mistake on Medium.

 

 

Comedy, News, and Society and Culture Podcasts Most Listened-to Genres in Podcasting

Client response to the first delivery of our new Podcast Consumer Tracker has been tremendous, and we’ve gotten lots of great suggestions for future enhancements as we continue to evolve this study into the industry standard for measuring the podcast universe from the listener’s perspective. One suggestion, however, was so good, that we didn’t want to wait to incorporate it—and it’s one that we wanted to share publicly. The Podcast Consumer Tracker is the only comprehensive measure of what podcast consumers are listening to (not downloading) and we are continuously collecting data on thousands of podcasts. Since we are getting specific podcasts listened to by our sample of weekly consumers, it was a simple task to match our list with the podcast genre data that podcasters provide in their RSS feed (we chose Apple’s genre categories for consistency.) 

And so, for the first time ever, here are the podcast genres with the greatest reach amongst U.S. weekly podcast consumers. A couple of notes. First of all, the Podcast Consumer Tracker measures humans—not downloads. The 36% listed for Comedy, for instance, is NOT the percentage of podcasts downloaded. Rather, this data shows the percentage of weekly podcast consumers who listened to at least one comedy podcast in the last week.  Also, these figures do not represent any kind of compositional or share data–people can and do listen to podcasts from multiple genres. For more on the differences between reach (what we measure) and downloads, here’s a deeper dive on the topic

The Edison Research Podcast Consumer Tracker is the only source for this data. Thanks to Wondery’s Hernan Lopez for the suggestion!

For more information on a quarterly subscription to the Podcast Consumer Tracker, contact Tom Webster at twebster@edisonresearch.com

Edison Research Announces Delivery of the First Podcast Consumer Tracker Report

Quarterly study provides audience research and comparative performance metrics for leading podcast networks

SOMERVILLE, N.J., November 20, 2019 (Newswire.com) – Edison Research has delivered to clients
the first and only comprehensive measure of the comparative reach of America’s top podcast
networks, the Podcast Consumer Tracker. Edison, the leading podcast research company in the world, has been studying this rapidly evolving medium since 2006, and the Podcast Consumer Tracker represents the first successful endeavor to present a unified look at audience information at the publisher/network level. The Podcast Consumer Tracker also contains competitive intelligence, audience demographics, and sales targeting information for podcast publishers and networks. The Podcast Consumer Tracker from Edison currently has 10 charter subscribers, including NPR, PodcastOne, Wondery, ESPN, WarnerMedia, and other significant publishing and agency partners. The study is based on a continuous sampling of consumers who have listened to a podcast in the last week. Comparative rankings of publisher networks are available only to subscribers.

Among the findings of the first report:

The Joe Rogan Experience is the leading podcast in terms of reach amongst weekly podcast consumers.

There are significant content consumption differences between iPhone and Android users, rendering “Top Podcast” charts derived exclusively from users of either to be unrepresentative of total listening behavior.

While the study tracks the relative reach of the top podcast networks, 54% of weekly podcast consumers have listened to an unaffiliated, independent podcast in the last week.

“This is the first study in the podcast space to tackle a universal measure of reach,” notes Edison SVP Tom Webster. “There are, of  course, various charts of downloads that cover parts of the overall universe, but those either reflect only a portion of the podcast audience, or they only measure publishers that opt-in. The Podcast Consumer Tracker’s goal is a truly inclusive measure of the comparative penetration of the leading publishers and networks. In that, we have been highly successful.”

In addition to network reach statistics, the study also provides the only nationally representative look at the purchasing and consumption patterns of podcast listeners, content preferences, and advertising targeting information across a broad array of consumer goods and services. Notable reactions to the premiere of the Podcast Consumer Tracker include the following: “Understanding our audience and the exploding audio landscape is so important to us as we create new podcasts. Edison’s new Podcast Tracker is another great tool that helps us understand NPR’s impact with our listeners and in the podcast market overall.” – Anya Grundmann, SVP for Programming and Audience Development, NPR

“We have a lot of tools in the podcasting universe to give us download metrics, but this is really the only tool that gives us the complete picture of our reach in the U.S., and what our total audience really looks like.” – Hernan Lopez, Founder and CEO, Wondery

“Edison Research has provided valuable information for the podcast industry for years, and we’re thrilled to be a part of the Podcast Consumer Tracker to continue building our podcast business and deliver value to our clients.” – Tyler Moody V.P./G.M., WarnerMedia Podcast Network

“As the importance of the podcast medium grows to creators, consumers, and companies advertising in the space, ESPN is happy to help lead the effort that brings more knowledge to the marketplace.” – John Fitzgerald – V.P. Multimedia Sales, ESPN

Fielding is currently underway for the second quarterly report in the series, to be delivered in January 2020. More information is available at https://www.edisonresearch.com/the-podcast-consumerquarterly-tracking-report/.

For more information, contact:
Tom Webster
Senior Vice President
Edison Research
twebster@edisonresearch.com
908-707-4707

Original Source: www.newswire.com