Audio's Blue Ocean: Exploring New Opportunities in Podcasting
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I'm joined by Don The Idea Guy as we explore what's next for podcasting. We kick things off with insights from a trend-spotting article by our friend Ozeal Debastos, which discusses podcasting predictions for 2025.
We talk about several key predictions, including the importance of audience retention, the domination of YouTube in the video podcast space, and the rise of local podcast communities. Don and I agree that understanding listener behavior is crucial for podcast success, and we examine tools to track listener retention more closely.
We discuss the current landscape of video podcasts, with YouTube being a major player. However, Don and I emphasize that audio remains the core strength of podcasting due to its accessibility and ease of production. AI assistants are another topic of interest, and we consider their role as support tools to aid podcasters rather than replace them.
Our conversation also covers the growth of local podcast communities, an area both I and Ozeal Debastos are passionate about. We believe in the potential for micro-communities within cities to foster connections and collaboration among podcasters.
I also bring to light the impact of workers returning to offices on podcast consumption. It seems that the flexibility of audio makes it an attractive option for listeners during their non-work activities.
Towards the end, we reflect on the enduring power of audio. We note that audio offers a blue ocean opportunity for growth and innovation. Its distribution flexibility and the personal connection it fosters with audiences set it apart.
Top Takeaways
Future of Podcasting: The podcasting landscape shows no signs of slowing down, with predictions indicating continued growth and evolution in 2025, focusing on content retention and listener engagement.
Shift to YouTube: YouTube is predicted to dominate video podcasting, though the traditional notion of associating YouTube with video and Spotify with music is still strong.
Local Podcast Communities: There is a rise in local podcast communities, emphasizing the importance of building networks within specific regions to foster support and collaboration among podcasters.
Role of AI in Podcasting: AI assistants are becoming integral to the podcasting process, offering support in creating episode outlines, transcriptions, and productivity tools, but should be seen as assistants rather than replacements.
Audio as the Blue Ocean: Despite the rise of video, audio remains a unique strength of podcasting, offering untapped potential and opportunities within the medium.
Podcasting in the Workplace: With the return to workplaces, there is potential for increased podcast consumption during work hours, as employees engage in non-work activities on their phones.
Content Consumption and Engagement: Audio podcasts often achieve higher listen-through rates than video, highlighting the strong engagement potential of audio content in retaining an audience.
Community and Networking Value: The importance of podcast communities can't be understated, providing opportunities for podcasters to share ideas, gain support, and enhance their podcasting journey.
Considerations for Video and Audio Content: When considering video podcasting, it's important to evaluate the production complexities and the strengths of audio, ensuring that each medium is used effectively based on content goals and audience engagement strategies.
Key Moments
05:25 Building Local Podcast Communities
07:15 Podcast Meetup Evolution: From Stagnation to Action
10:03 AI: Assistant, Not Replacement
13:47 "Success with Niche Podcast Audiences"
18:54 Evolution of Office Audio Entertainment
20:10 Audio Surpasses Video in Impact
23:12 Video Production Challenges for Podcasters
28:40 AI's Mean Streak from Human Data
29:52 Podcasts: Mobile and Equipment-Free
MEET DON THE IDEA GUY!
Possessing creative powers beyond those of mere mortals, DON THE IDEA GUY rescues those in need of innovative ideas through his brainstorming sessions, articles, and websites.
DTIG (DEE-tigg) has been featured in Small Business News, interviewed by the New York Times, quoted in Fast Company magazine, and served as the first president of the International Idea Trade Association.
Don is a proud member of the BzzAgent community, and is featured in BzzAgent.com founder Dave Balter’s book “Grapevine: The New Art of Word-of-Mouth Marketing.”
His Innovation Channel on the Duct Tape Marketing Blog has been recognized as a Forbes Favorite.
Don is the author of the book “100-WHATS of CREATIVITY“, one-hundred ‘what if?’ questions to spur your creativity, unmuck your mind, and break through your mental blocks and has written dozens of articles and hundreds of blog postings on the subject of increasing innovation and adding creativity to your personal and professional life.
Each week, one of The Circle of Experts talks about critical aspects of growing your podcast. We focus on marketing, social media, monetization, website design, and implementation of all of these to help you make the best podcast possible.
Have a question or an idea for one of our episodes? Send us an email at [email protected].
The Circle of Experts are:
Yasmine Robles from Rebel Marketing
Tonnisha English-Amamoo of TJE Communications
Brett Johnson, My Podcast Guy®, from Circle 270 Media® Podcast Consultants
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106 episodes