TOP MARKETING TRENDS
Samyuktha S Raman ??
Brand Consultant #BrandStrategist #Brandconsultant #RetailMarketer #OmniChannelMarketing #ContentCreator #Community #DigitalCreator #OpenToWork
WHATS?HOT??is a series of articles that speaks about various marketing trends in the industry.?
Instead of?keeping a track of ever changing technology & algorithms;?the newsletter's short & crisp articles are an attempt?to keep its reader's focus on what's required, what's simple to understand & easily implementable by brands & businesses.
Today let's talk about Podcasting.
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Derived from words iPod & Broadcasting, Podcasting refers to creating original audio content on your own channel using platforms like Youtube, Spotify, JioSaavan, Gaana & so on. It's similar to video channels on youtube without the video, ofcourse.?
India known to be a radio listening nation, has shifted towards listening to popular Podcast channels, a spike seen during the time of pandemic.?
Since podcasts are jingle free & hands free it lets you do other chores while listening to the content hence the average time spent is anywhere between 30mins-1hr/day.?
Popular genres being News, Entertainment &?closely followed by Finance; Indian Podcasting stands 3rd largest market in the?World after the US & China to have such huge listenership base. On the other hand, only 9-10% of the Indian population are active monthly podcast listeners which is roughly about 90Mn listeners & we have another 90% of the market which is still untapped.?
English language precedes interest levels, regional languages occupying about 40% of the content consumed, also gives way to exploring local language listenership.?
Ever rising usage of smart phones in tier 2 & 3 cities; cost effective internet data consumption, have paved ways to such media tools that can be used by brands or by individuals to carve a niche for personal branding.?
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A podcaster, earns anywhere between rs.10lakhs to rs.30lakhs a year through advertisements & product placements, depending on the popularity, number of streams & user database.?
With the industry at an annual growth rate of 6.38%, why wait? Start your own channel now & you won't regret later. ;)
?Checkout a few marketing podcasts on the links below:
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