I often listen to audio podcasts on my long drive back to my
hometown or while I’m working. I have noticed over the years how the
advertisement breaks have changed. Most podcasts have no direct cost to customers,
so the creator of a podcast needs to find other sources of revenue. The way
that most are funded, is by the podcast host taking a commercial break from
their session to read an advertisement. When I started tuning in roughly three
years ago, advertisements for Audible.com were almost exclusively the only ads
I heard.
In August 2013, Apple
announced that in the eight years since the mediums debut, their customers have
subscribed to more than a billion podcasts. By analyzing the Diffusion of Innovations
Theory, I believe this group of people would be considered the innovators of
our society. By choosing to advertise through this channel, companies will have
a higher rate of effectiveness in communicating their message down through the
social system. If their product or service is well received, these people will
tell their friends and the word will spread.
In the last decade, Apple has become known for apprehending
the attention of the technologically savvy innovators. Once these consumers
become hooked on the latest phone or tablet, the early adopters follow and the
early majority after them. I believe this to be true for podcasts as well.
Those that are targeting advertising to this particular audience should, in
essence, have the same flow down through society as other Apple products.
One of the commercials I have been hearing frequently is for
stamps.com. I had not heard about this
company previously. The commercials tell me that I cannot only buy my postage
online, but that I can get it at a discounted rate. So many products and
services are becoming available online, but I didn’t imagine that for the
postal service — who’s buildings are cornerstones of most neighborhoods — would
follow this trend. By continuing to get the word out to this selective audience,
this service could dramatically change the way we handle our mail.
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