Frequency: The Official AdsWizz Podcast
Challenges, AI, and International Growth with Steven Abraham of Oxford Road
Episode Summary
In this episode, our guest, Steven Abraham, President of Oxford Road, joined us to discuss the challenges in podcast advertising, including issues with measurement and convincing performance marketers to invest despite ROI concerns. He explained Oxford Road's approach to balancing creative storytelling with brand objectives by selecting the right hosts and integrating audio campaigns into broader media strategies.
Episode Notes
Role of Artificial Intelligence:
- AI can enhance efficiency in production and testing.
- Steven prefers using AI to support, not replace, human creativity.
Creative Process at Oxford Road:
- Focus on aligning brand objectives with the right podcast hosts.
- The balance between creative storytelling and performance results.
Performance vs. Brand Marketing:
- Mainly works with performance marketers, but also supports brand growth.
- Integrates audio campaigns within broader media strategies.
The Podcast Industry Today:
- Growth in niche podcasts alongside larger ones.
- Podcasts are highly effective due to their intimate nature.
Ad Load Concerns:
- Keep ad loads low to avoid listener fatigue and maintain engagement.
International Growth:
- Growing potential for podcast ads in international markets.
- U.S. brands exploring cost-effective advertising overseas.
Closing the Ad Spend Gap:
- Audio consumption is high, but ad spend is still catching up.
- Steven believes improved measurement will help close this gap.
Key Takeaways for Advertisers:
- Leverage the intimate connection between podcasts and listeners.
- International markets offer cost-effective opportunities.
- Keep ad loads balanced to maintain listener loyalty and engagement.