Seven podcasting content trends to look out for in 2024
Podcasts are hot right now. Very hot.
Around 450,000 active shows on Apple Podcasts. Over 100 languages. 464.7 million podcast listeners globally in December 2023. Expected advertising revenue on podcasts of $4 billion by 2024.
Year after year, their popularity rises.
But as the medium grows, so does the competition. It feels like everyone has a podcast nowadays.
So how can you stay one step ahead?
Here are seven trends not to miss out on to create top-of-the-line podcast content in 2024.
1. Video podcasting
With the closure of Google Podcasts in 2024, podcasting on YouTube –especially with the integration of YouTube Music– is expected to surge.
Today, 91% of users expect more video content from brands, as seen in the rise of business presence in TikTok, YouTube Shorts, and Instagram reels.
Content like live streams, short-form videos, trailers, and educational content have also gained traction.
2. The Latin American market
Predictions indicate that by 2027, Latin America will surpass other regions in the number of podcast listeners.
By focusing efforts on the region, you may anticipate the wave and establish your presence before other competitors.
3. AI
AI tools are becoming the norm in some fields.
Episode editing, production, and marketing have been streamlined through it by many creators. This reduces costs and saves time.
It is worth noting that, despite its utility, the overwhelming abundance of AI has also translated into users expressing a desire for more human-generated content.
Tips for creating high-quality content include investing in research, focusing on expertise, prioritizing quality over quantity, and engaging professional creators.
4. Hypersegmentation and customization
Podcast audiences have become more attractive to advertisers because of their likelihood to convert.
69% of listeners say podcast ads introduced them to new products. And 38% report purchasing items mentioned in podcasts.
Segmentation is becoming more and more refined, down to episode-level targeting, moving beyond show genres.
With it, the personalization of content and ads has become essential.
Using data analysis, AI, and machine learning, you can create personalized content experiences like dark social (personalized private ads) or exclusive discussion channels.
Prioritize content that is genuinely useful to viewers based on their needs and expectations.
This leads to increased customer retention, improved experience, and enhanced brand loyalty.
5. Content refinement
To differentiate yourself, you need to be memorable.
This applies both to your podcast and your ads.
Studies indicate that podcast listeners prefer funny and entertaining ads over mundane ones focused on features.
So incorporate humor and entertainment to create an emotional bond with your audience.
And design an integral content strategy that spans across platforms and formats –ensuring optimization– while maintaining brand consistency.
6. Co-participation
Research reveals that the majority of top-ranked podcasts feature guests. So including diverse voices is growing more important.
Influencers, for instance, have often become more trusted than brands.
Their niche audience and expertise in content creation make them fundamental in your content or marketing strategy.
Users, too, want to feel closer to brands –as seen in the growing trend of interactive content–.
User-generated content (UGC) plays a crucial role in building trust, with 79% of people considering it in their purchasing decisions.
Making your audience co-creators makes your brand seem more authentic.
This can also be seen in the employee-influencer trend.
You can push your own people as brand ambassadors, connecting with customers personally.
Employee-influencer content provides a more personal touch to brand communication.
7. SEO
Due to the constant increase of shows, Podcast Search Optimization (PSO) is becoming more and more essential.
PSO involves practices to enhance a podcast's visibility on listening platforms by strategically using keywords in metadata.
Some hosting companies, for instance, have launched tools designed to help podcasts secure the #1 slot in Apple Podcasts and Spotify search results.
Brands must also consider the growth in Social Media Search.
Younger demographics are increasingly using social media platforms as search engines.
So you need to optimize social content for discovery, ensuring authenticity and trustworthiness.
What lies ahead for podcasting?
It’s hard to make certain predictions with the speed at which technology and markets move.
It might seem overwhelming.
So if you need a hand, we’re here to help.
At TOP Thought Leader, we make it easy.
We’re a team of specialists at your service to create podcasts, audiovisual content, articles, social media posts, and more.
We anticipate trends and make sure everything you do is state-of-the-art.
Our expertise can help you navigate the uncertainties.
Contact us and take the first step to make yourself heard. One piece of content at a time.