Estimated reading time: 3 minutes
Loyalty is a strong word. It evokes more than a slight liking or interest in a brand. In fact, customer loyalty is the emotional and behavioural attachment that customers have to a brand. We’re thinking repeat purchases, positive word-of-mouth recommendations, willingness to pay high prices for a product or service, etc. Customer loyalty is a key part of a company’s long-term success because loyal customers tend to be more profitable and less sensitive to price changes.
Considering we live in a world full of distractions and such a competitive market, customer loyalty also seems pretty difficult to attain. It’s tough enough getting people to avoid their phones at the dinner table, let alone give a brand their undivided attention long enough to build brand loyalty.
Podcasts have a unique advantage. You see, they deliver significantly engaged audiences who immerse themselves in the content for, on average, half an hour each time. Podcast listeners are generally also receptive to ads and branded content. In fact, “86.5% of users say they listen to the ads during podcasts and 55.6% say they purchased a product they learned about in a podcast advertisement.”
Something that also helps is that podcast audiences are “much more active on every social media channel (94% are active on at least one – vs 81% for the entire population)” meaning as a brand, you have more opportunities to capture their attention and gain their loyalty. It also means, once they are brand advocates, they are more likely to engage and share your content.
These opportunities that podcasts bring allow brands to educate and entertain listeners in a way that other content forms really do not allow. Podcasts are typically consumed during ‘micro-moments’ of downtime, such as work commutes or while doing household chores, which can make them more memorable and impactful (we explain more about this in this blog post but in a nutshell, audiences who are active while consuming content are much more engaged). Additionally, podcasts allow for a more intimate and personal connection with listeners, as they are often hosted by individuals, rather than a faceless brand.
Of course, this doesn’t mean any content will do, especially if your aim is to boost customer loyalty. Your podcast should centre around the wants and interests of your audience, and be paired with a clear marketing plan and consistency. The medium itself doesn’t guarantee anything if good protocol isn’t followed.
In order to create content that is tailored to your audience – and will help to build trust and establish a deeper connection with them – here are a few things to think about:
Podcasts offer a unique opportunity for brands to build customer loyalty by providing a highly engaged and receptive audience. By targeting the right audience, creating entertaining and informative content, and promoting the podcast effectively, brands can establish a deeper connection with listeners and turn them into loyal brand advocates.
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