Have podcasts surpassed social media?

Posted by Terri Lydon | Feb 22, 2024

In today’s digital landscape, once ruled by social media influencers, a new contender has popped up: Podcasters. Podcasts have become a powerful tool for brands seeking to connect with audiences in a more meaningful and authentic way.

Research by Magna’s Media Trials unit in collaboration with Vox Media points to a major shift in consumer behavior, with 75% of respondents valuing podcasters’ guidance over that of social media influencers and TV/movie celebrities combined. Why? Because  podcasters develop a unique bond with listeners—a relationship based on trust, intimacy and authenticity.

Podcasts offer in-depth information and exposure to current topics in a way that resonates more with listeners than fleeting social media content. As a result, listeners are not only more engaged but also more receptive to brand messaging within their favorite podcasts.

The research also highlights podcasts’ impact on listeners’ lives, with 88% considering time spent listening to their favorite podcasters as meaningful and positive. For many, podcasts serve as a source of inspiration, motivation and personal growth, helping listeners to make smarter decisions.

But it's not just about the content; it's also about the hosts themselves. Listeners develop a trust of and connection with their favorite hosts, viewing them more as influencers than broadcasters. This level of intimacy and influence extends to advertising, with more than two-thirds of listeners paying more attention to podcast ads than ads encountered elsewhere. Host-read ads in particular are perceived as highly effective, leveraging the host’s authentic voice to deliver brand messaging in a relatable manner.

Podcasting’s rise presents a new opportunity for brands to connect with their consumers through podcasters whose content and personality resonate with their audience. By leveraging podcasting’s intimate nature, brands can deliver messaging that drives brand awareness, purchase intent and, ultimately, consumer loyalty.