psychology

2020 Podcast Advertising Stats - Voice Marketing Boosts Purchase Intent

2020 Podcast Advertising Stats - Voice Marketing Boosts Purchase Intent

Advertisers on business podcasts enjoy a 14% brand lift for their products and services. Here are the latest stats on podcast advertising and why it's so effective for marketing. Voice marketing reaches your audience on an emotional level, which is where purchase intent lives.

Sonic Branding: Facebook and Instagram's Huge Miss

Do you know what Venmo is doing right with sound in their app? Facebook and Instagram have some catching up to do. Press play for this 1-minute Flash Briefing:

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Transcript:

🔊 SOUND ON 🔊

1

00:00:02.506 --> 00:00:06.806

Facebook has no sound. Instagram has no sound of their brand.

2

00:00:07.126 --> 00:00:08.426

This is a huge miss.

3

00:00:08.766 --> 00:00:14.752

There should be an audio mark that plays when certain things happen or even at least when you open the app. Let's talk

4

00:00:14.803 --> 00:00:17.566

about just Instagram for a second. If you think about Venmo:

5

00:00:18.306 --> 00:00:24.375

There's a cash register cha-ching sound when you receive money. And you actually have a physical reaction to that where you get a

6

00:00:24.425 --> 00:00:28.306

little dopamine rush, you feel good, it's a positive sensation - good association - with

7

00:00:28.626 --> 00:00:29.026

money.

8

00:00:29.766 --> 00:00:30.266

Facebook and Instagram

9

00:00:31.106 --> 00:00:38.070

have a lot of things going on in our body, a lot of reactions in our brain, major hormonal and neurotransmitter shifts

10

00:00:38.131 --> 00:00:44.006

happening as we scroll and like and see comments and get those emotional strokes (ego strokes).

11

00:00:44.686 --> 00:00:48.286

But there's no sound to it. Huge miss.