How Covid-19 May Change Podcasting Forever with Tom Webster

Published: June 25, 2020, 10:01 a.m.

b'There\\u2019s no doubt that the Coronavirus pandemic has changed many of our lives, and for some aspects of our lives this may be a permanent change. \\n\\n\\n\\nOur guest on Audience this week is Tom Webster from Edison Research, the company behind the industry-leading Infinite Dial survey.\\n\\n\\n\\nIn an earlier episode we recapped some of the biggest takeaways from the 2020 Infinite Dial survey, and thought we HAD to have Tom on the podcast to talk through some more of his interpretations of the data there, and what has changed since that time. The fact is that many of the lifestyle changes that we and our audiences have seen as a result of Coronavirus are here to stay and things won\\u2019t be returning back to \\u201cnormal\\u201d. \\n\\n\\n\\nHere are some of the hard facts about listener behaviors as a result of the Covid-19 pandemic:\\n\\n\\n\\nCommutes to work or school have gone down \\u2013 this is the #1 way and place that people listen to podcasts.Following external analytic tools like Podtrac and Chartable are great for Downloads, but may not tell the whole story from talking to actual listeners. Their behaviors are changing in different ways.Listening on smart speakers like Amazon Alexa has increased substantially as people are listening to podcasts in groups and at their homes.Initially, there was a big movement to news-based podcasts, but as the news overload settled in there was a movement away from it.\\n\\n\\n\\nTom likens the disruption caused by Covid to a snow globe where once you shake it up the \\u201csnowflakes\\u201d of our lives go up in the air and sometimes don\\u2019t settle back down where they came from originally. That\\u2019s the theme that we\\u2019re following as we go forward with our shows.\\n\\n\\n\\nBut in many ways, the open question is: what will stay the same and what will be permanently changed. And largely this question remains unanswered.\\n\\n\\n\\nChanges In Listener Patterns\\n\\n\\n\\nA question we can ask ourselves to help our audience better understand where our podcast can live into their lives is where and when will our listeners tune into our shows. Thinking about traditional radio always having a time and place that people listened, many of us can think about framing our shows the same way. Your show could be \\u201cThe show to listen to on your Saturday morning walk\\u201d. This engrains this behavior in your listeners minds and behaviors.\\n\\n\\n\\nAs the industry saw the biggest change in behavior around podcast advertising at the beginning of the Covid-19 pandemic this medium is coming back already, but in a different way.\\n\\n\\n\\nHow Advertising Is Changing\\n\\n\\n\\nMany advertisers and media buyers are moving to more \\u201csafe\\u201d forms of advertising. For some media buyers and sponsors the need to have more established media through which to advertise and reach audiences may increase. Things like Google Adwords and Facebook ads where more data is available around the targeting of the audiences that your ads are targeting may be a more \\u201csure bet\\u201d for companies trying to spread the word about their brand.\\n\\n\\n\\nWhat Affects Is Spotify Having On The Industry\\n\\n\\n\\nWe discuss the move of the Joe Rogan show to Spotify. As Rogan had significant listenership on YouTube that channel could be one of the places that he could lose a portion of his audience. But, the upside of gaining access to an entirely new distribution channel in the Spotify platform is a huge benefit.\\n\\n\\n\\nIn general for listeners the move of The Joe Rogan show to Spotify could give one less reason for audience members to pick up a conventional podcasting app like Apple Podcasts or Overcast.\\n\\n\\n\\nThe other thing that may be a bigger impact is on the data that the Spotify platform has on its listeners and that availability to advertisers. Knowing the location, age,'