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Hello World | Podcasting is on the rise; does it figure in your marketing mix yet? 

If you, or your company, have deep expertise in a field or have a unique spin to your craft, podcasting is a great medium to grow your brand.

September 15, 2021 / 15:01 IST
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According to a 2020 report, there are nearly 57 million monthly podcast listeners in India, making it the third-largest podcast consuming nation in the world.

Note to readers: Hello world is a program developers run to check if a newly installed programming language is working alright. Startups and tech companies are continuously launching new software to run the real world. This column will attempt to be the "Hello World" for the real world. 

Podcasts are big now. There are nearly 57 million monthly podcast listeners in India, according to one report. That makes us the third-largest podcast consuming nation in the world. The report by PwC, released in 2020, also says that monthly podcast listeners will grow at a compound annual growth rate of 30.5% over the next five years. 

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If you’re a marketer, it is impossible to ignore this channel. Big entertainment platforms like Spotify, Gaana, JioSaavn, and several others have added thousands of new podcasts to their repertoire over the past 18 months or so. Like blogging, podcasting started off in the remote corners of the interwebs. But by now, it is pretty clear that podcasting is no longer the struggling medium of the past. Several million users consume podcasts; advertisers are spending on podcasts; celebrities, big media and platforms have all jumped into the game. 

Also read: Meet the most powerful marketing idea of our times