Podcast consumption continues to grow year over year with no signs of stopping. The medium allows companies to create a variety of content, from thought-leadership interviews to rich storytelling narratives that showcase impact. However, the success of podcasts can also make it difficult to reach an audience, with the top 50% of podcasts receiving more than 30 downloads per episode within the first 7 days of release.
As the number of podcasts continues to grow (5 million globally, with over 70 million episodes*), it’s important to utilize every advantage to make yours stand out. Enter video podcasts.
Adding a video component or version of your show can have immediate benefits. Not only can video extend your show to a platform with 5x the number of users as Spotify (the largest podcast platform as of 2023), aka YouTube. But according to a report by US radio group Cumulus Media and research firm Signal Hill Insights, YouTube is the top platform for accessing podcasts.
“But Kyle,” you say, “don’t most people consume podcasts while driving (38%, according to an Infinite Dial report by Edison Research), and isn’t a smartphone the most common device for listening to a podcast?” To which I would say, it looks like someone did their research, and you are not wrong. Audio is still the preferred method for consuming episodes, but will that last forever?
“With major platforms like Spotify, TikTok, and YouTube putting more resources into video podcasts, now is a uniquely opportune moment for smart creators to harness that energy by investing in video for audience growth,”
Ryan Duffy, Head of Audio Operations at Medium Tweet
So, what are the unique opportunities, the hidden benefits for you when it comes to video podcasts?
As with all things internet, this just so happens to be the trend right now. Take advantage of this while you can, as the number of video podcasts will continue to grow. Interested in starting your next video podcast today? Reach out to me anytime to start talking about how – Calendly – Meet with Kyle MacNaught.
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