An experienced National Audio Investment Executive at Publicis Media discusses managing a team across multiple offices and the challenges of buying audio ads. They compare revenue, reach, and engagement of terrestrial, streaming, and podcasting. The discussion also delves into brand awareness strategies in podcasting, brand safety measures on Spotify and iHeart, barriers to increased spending in podcasting, and challenges in podcast data and advertising strategies.
Terrestrial radio attracts more ad spending than podcasting due to its wide reach and financial returns.
Direct advertising in podcasting is preferred over programmatic ads for better content alignment and engagement with listeners.
Deep dives
The Role of Audio Advertising Team
The director of National Audio leads a team responsible for buying across all national audio platforms, including terrestrial radio, streaming, satellite, and podcasting. The team focuses on audio as a whole, regardless of the platform, aiming to reach audiences through computer speakers, phone speakers, or car speakers.
Advertising Distribution Across Channels
The distribution of advertising budgets across channels varies depending on client preferences. Terrestrial radio attracts the most money due to its large scale, followed by streaming, and then podcasting. While podcasting is a growing trend, some clients still prioritize terrestrial radio due to its wide reach and financial returns.
Programmatic versus Direct Advertising in Podcasting
The interviewee believes that programmatic advertising is not the right approach for podcasting. Direct advertising allows more effective targeting of specific shows and hosts, ensuring content alignment and maximizing the impact of host reads, which are highly effective in engaging listeners. Programmatic ads lack the personal touch and control over content, leading to brand safety concerns and potentially reaching the wrong audience.
Choosing the Right Advertising Channel in Audio
The choice of advertising channel depends on the client's key performance indicators (KPIs). Terrestrial radio is best for mass reach, streaming radio suits data-driven engagement, and podcasting excels in influencing consideration and sparking interest. Podcasting extends the DJ-listener relationship seen in terrestrial radio, offering loyal listenership and an on-demand listening experience.
National Audio Investment Executive at Publicis Media
The executive has over 25 years experience in the advertising industry. The executive spends over $100m annually on audio ads across terrestrial radio, streaming radio and podcasting.
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