Association for Downloadable Media to Present Findings From Groundbreaking Study

We’re thrilled to announce that, in conjunction with Edison Research, we will present the results of our recently concluded Podcast Consumer Attitudes study of nearly 5,000 regular consumers of audio and/or video podcasts in a webinar is scheduled for Thursday, January 28th at 3:00pm EST, 2:00pm CST, and Noon PST. The webinar is free but registration is required at https://www1.gotomeeting.com/register/909488120

The results of this groundbreaking look at the attitudes and behaviors of these active podcast consumers, presented by Tom Webster of Edison Research, will include:

• A comparison of the effectiveness of advertising approaches across various new and traditional media channels.

• An examination of post-exposure purchase and trial behaviors for consumers exposed to podcast advertising.

• A quantification of the “halo” effect of podcast advertising for prospective brands and sponsors.

Podcasting and The Value of Scarcity

With all of the recent kerfuffle surrounding Chris Anderson’s new book Free, it’s worth noting that one basic economics lesson continues to hold true: scarcity creates value. In fact, economics is essentially the study of scarcity, and when a good or service becomes common, it becomes devalued.

I was reminded of this crucial distinction when I perused the results of RAJAR’s latest MIDAS research. RAJAR, the UK’s radio measurement entity, publishes a semiannual look at British consumption of Internet-delivered audio that examines trends in digital radio, streaming and podcasting akin to our own Internet and Multimedia Research Series here in the States, and I am always interested to see how the behavior of UK digital consumers agrees and differs from our own here in the US.

I’ll have more to say about the podcasting statistics in a later post (they show continued growth in uptake, from 7.2 million podcast consumers in October 2008 to 7.8 million today,) but for now I wanted to focus on this telling statistic: while 4.2 million say they listen to podcasts at least once a week, only 28% find time to listen to all the podcasts they download (the typical user reported subscribing to 5.2 podcasts per week.)

I freely admit that I rarely listen to everything in my queue, and often weeks will go by before I will listen to an episode. Some subscriptions I have never caught up with, and others remain weekly staples. The vast stew of unlistened-to podcast episodes in my iTunes folder is very reminiscent of my TiVo “Now Playing” page, which also contains dozens of shows (and one entire series) that I’ve never watched. I suspect, if you own a DVR, that you have had a similar experience.

It’s easy to subscribe to episodic content–less so to find time to fit it all in. If you are a podcaster with a program centered on information or news content in a given niche, you know that listeners have multiple ways to get the content you offer (after all, you also got it somewhere.) What keeps listeners coming back, week after week, is you–character development, roles, trust, and your story. Even the most compelling podcasts, however, can pile up in someone’s feed reader amidst the plethora of audio and video available on the Internet.

An Update on ADM Projects

Since joining the Association for Downloadable Media staff…ok…since becoming the ADM staff in January, we’ve focused on some very key projects. I wanted to take an opportunity to update both members and potential members, of their progress.

These projects directly reflect the focus of two main initiative of the ADM in the last six months: Provide value to our membership and build awareness.

Clearly, any member organization must provide value to those who, through their membership, show belief in the mission and provide funding to advance that mission. It’s our goal to provide real tools and resources to help those who produce and distribute downloadable content to monetize that content.

To that end, I’m happy to say that we’re just weeks away from launching an ADM Member Directory. This directory is designed to be a point of direct access for advertisers and media buyers to the offerings of our membership. ADM members will be able to post information about their shows, the audience they reach, and the various types and amount of inventory they offer, as well as the all important contact information that will allow buyers and advertisers to reach these providers.

As far as I know, no directory currently exists that allows those with marketing and advertising money to spend  such easy access to a wide range of outlets and the audience they provide in such a fast growing medium. ADM Committee members Dave Hamilton and Matt Snodgrass are currently tweaking the current beta version of the Directory, so look for information on the member release soon.

Finally real iTunes metrics, free via Google Analytics

I founded VoloMedia in 2005 to bring Analytics and Advertising technology to episodic media delivery, “Podcasting”.  As the years have rolled by,  Podcasting has grown from user generated audio to professionally produced video, from mainly an audio iPod  media, to consumption on a variety of screens – increasingly the iPhone. VoloMedia has had tremendous success signing up many of the major TV shows as customers – ABC, NBC, G4TV, How Stuff Works, etc. Today we manage over 45 million monthly media requests, 75% of which is video and the volumes are growing, we had nearly 2 million media requests yesterday. With all of these downloads over all of these years, one fact has remained stubborn -a vast majority of the traffic originates from Apple’s iTunes Media player. This should not be very surprising given that the iTunes store hosts 140,000 podcast feeds – and this is where most consumers are discovering podcast shows.

I helped ADM standardize the measurement specs around downloads, and the process was contentious around the metrics question, “download requests” or “completed downloads”?  The most final of all metrics , “plays”, was not considered because it simply was not feasible. During the current economic downturn, the need for the best metrics has become even more important for publishers and advertisers.

Over a year ago our engineers decided to resolve this issue in the most practical way we could – connecting iTunes to Google Analytics. We are announcing this product today. Before I go into the specifics, I would like to emphasize one important point – this free service does not require any relationship, contractual or otherwise, with VoloMedia.

VoloMedia’s Bridge-to-Google Analytics is a plug-in to the iTunes Media player, now installed with over 100 thousand iTunes consumers in the US – precisely 94,296 iTunes plug-ins were active over the last 5 days. Publishers are free to use this free service if it meets their needs, i.e. collect annonymous usage statistics regarding usage of their content on iTunes and to analyze them using Google Analyics: a free and robust industry-standard platform. If you have ever used Google Analytics, then you are familiar with “GA_ID – Google Analytics ID”. With a simple modification of the RSS feed to incorporate the GA-ID the publisher can start flowing aggregated play and download data to their Google Analytics account.  More information is on our website: http://www.volomedia.com

Many Look as Podcast Consumer is Revealed

The ADM hosted a webcast called “The Podcast Consumer Revealed” from Tom Webster of Edison Research yesterday. Thanks very much to all that attended. This is the sort of resource the Association for Downloadable Media will continue to provide.

Those that attended got a firsthand look at who uses podcasts and how they use them. Some key points, as highlighted on Twitter at #poddata inlcuded:

• 1 in 5 Americans (22%) have listened to a podcast.
• 59% men 41% women, 18-44 demo = 60% of podcast users.
• Most downloadable media is consumed via desktop, mobile growing.
• Podcast users are very active on social networks – mainly Myspace and Facebook
• 24% of podcast consumers feel “emotional connection” with their favorite podcasts.
• Podcast consumers are more receptive to advertisers heard in podcast vs heard via internet radi.
• Producers need to do a better job of selling the portable aspects.

…and so many more.

If you missed the webcast never fear. Here it is for your viewing pleasure.