All eyes are on podcasting now that Apple has integrated this function in its new iTunes release. We start feeling we could make money out of podcasts, but somehow it is still early to realize which way one has to follow. The main challenge at the moment is to find a way to effectively measure listening. The difficulty is in tracking, because once someone downloads a podcast and puts it on a (portable) player, it is no longer connected to the Internet, and therefore no longer trackable. What if this person shares the podcast with a friend? What if he doesn’t listen to it at all? These questions still have no answer, and advertisers for the moment are just happy to know the number of downloads and therefore willing to pay on a CPM basis.
Automotive company Lexus has signed a deal to sponsor for 26 weeks the podcasts at KCRW, a public radio station in California. AdAge reports the news and adds a few comments on podcasting and its value for marketers. In the automotive industry Volvo and General Motors have already given a try to podcast marketing, which absolutely looks like a direct and smart way to reach niche audiences. Lexus has signed a deal based on CPM (cost-per-thousand), so it is going to pay for the actual number of downloads the podcast will get. Lexus’ links and logos will appear on the KCRW podcast player, and the brand will be mentioned at the beginning of each podcast.
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