7IDIntINN (new section: information products) + Workshop #4 The Impact of USP

You're Reading:Social Audio Opportunity | Emerging Trend

Social Audio Opportunity | Emerging Trend

by Tasos

}

Apr 5, 2021

7 IDEALS METHODOLOGY DOCUMENTARY

I’m filming the last part. The finish line (Feb 02). New office setup (April).

Nutra affiliate network

HBLeads: Exclusive COD offers in Health and Beauty. Private, verified, and fresh.

KNOWLEDGE ECONOMY SUCCESS BLUEPRINT

Sep 16, Workshop #4: The Impact of USP on Information Product Success. A multiple-choice problem for you to solve with a small incentive. The answer will be shared in 24 hours inside the member’s area.

New Section added: Information Products. Newest – PART B: Market Research for Information Products

    🛑 During the summer, I developed an information product, as I mentioned previously, which is why we paused the workshops. Now, we have a huge information product to use as a guide in our journey in the knowledge economy. A product that serves multiple purposes and will set the base for innovation. Prepare for non-stop workshops.

    Live Challenge

    😊 This step-by-step and personal 1-on-1 experience will help you build your own information-based business with simple, impactful tasks to keep you moving forward. We’re already in the Preliminary Stage with a small group, including our first participant, F. P., a former entrepreneur making a comeback.

    Ready to take the next step? Jump in now—sign up, get access to the membership area, and complete the form at the end of the page. You won’t want to miss this opportunity!

    Perfect for those seeking: A flexible business model (time, resources, investments), Scalability, Minimum startup costs, Minimum operational costs, Low-cost product development, No employees

    Act now—it’s free for a limited time!

    WORKSHOP #5: Incoming Problem

    STAY TUNED!

    This is an area for advertising & partnerships. NEW option: Pay-per-Click.

    When we say “Social Audio” we refer to social media platforms and apps where we can use audio as a means for communication. We all use text, videos, emojis, GIFs, graphics, images, and other visuals to get in touch with people and brands on various social networks.

    But now audio seems like an emerging trend.

    Podcast has seen tremendous growth during the last 10 years.

    According to Forbes

    With 60% of podcast listening done at home, adoption was especially notable during the pandemic. According to the latest Infinite Dial survey from Edison One and Triton Digital, in 2020, 37% of Americans (age 12+) listen to at least one podcast each month, up from 32% in 2019. The continued growth of podcast listening is expected. In 2020, an estimated 100 million people listened to a podcast each month and it’s expected to reach 125 million in 2022.

    And we believe that podcast has laid the ground for social audio.

    Is social audio a huge opportunity or a waste of time, just another shiny object? Let’s dive in!

    The “Social Audio” Opportunity

    social audio opportunity featured banner

    Illustration by vectorjuice/Freepik

    Podcast Vs. Social Audio

    The majority of podcasts are pre-recorded audio sessions and you can download them for easy access at a later time.

    There are also live podcast shows and events, for example, interviews and other group shows where you get to listen to the host and guests talking about a topic.

    On the other hand, social audio gives listeners the opportunity to participate in the discussion in real-time. The audience is active, they do not just listen to the host and guests. They are guests as well.

    Podcast is a passive medium from a listener’s perspective, and social audio is an interactive medium.

    %

    Podcast listening done at home

    Advantages 

    It’s an interactive medium, where the host or hosts can discuss in real-time with their audience and guests. 

    It’s a very similar experience to live video conferencing on platforms like Skype or Zoom. But in this case, you don’t have to worry about the way you look, having the perfect background or decoration, and other things. 

    It happens in real-time, it’s live, fresh, at the moment.

    It’s fast, way faster than texting, and faster than video streaming. 

    It requires less internet connection bandwidth than video. 

    It’s effective as you get to understand someone by their voice tone.

    It’s a great tool for brands, agencies, and other professionals to provide customer service support, answer questions, and interact with followers, fans, and customers in real-time. It’s way more effective compared to social chats that take place in private rooms or publicly where you can only use text.

    %

    Americans (age 12+) that listen to at least one podcast each month in 2020

    %

    Americans (age 12+) that listen to at least one podcast each month in 2019

    Drawbacks

    From a technical standpoint, the social networks that offer audio conversations have to moderate and filter the discussions.

    According to Wired, Clubhouse has already faced issues with harassment, and Twitter struggles with problems like abuse and disinformation on its main service. Will Partin, a researcher at Data and Society’s Disinformation Action Lab, says that

    “one of the big challenges of open social networks like Twitter is that what’s OK in one community is seen as wrong in another one”

    and that Discord, which gives its closed communities the tools to police themselves, has had more success with moderation at scale.

    People also worry about their safety and what happens with their conversations. Are they being recorded or not?

    The social platforms need to give the hosts the ability to record only themselves and not people that interact with them and don’t want to be recorded.

    People that listened to a podcast each month in 2020

    People that will listen to a podcast each month in 2022

    The Rise Of Social Audio Platforms

    In a previous article, we discussed various social audio platforms. ClubHouse, LockerRoom, Discord, FireSide, and more.

    Related:

    Now I want to focus on ClubHouse.

    According to TechCrunch and App Annie

    Social audio app Clubhouse has now topped 8 million global downloads, despite still being in a prelaunch, invite-only mode, according to new data released today by mobile data and analytics firm App Annie. Per its estimates, Clubhouse grew from over 3.5 million global downloads as of February 1, 2021, to reach 8.1 million by February 16, 2021. This sharp growth is attributed to several high-profile guest appearances, including those from Tesla and SpaceX founder Elon Musk and Facebook CEO Mark Zuckerberg, for example.

    ClubHouse launched amidst the covid-19 pandemic. Social distancing and isolation played a big role here and the social audio app saw an increase in growth even as a closed beta invitation-only app.

    The app was designed to give its users the freedom and the convenience to use it on the go, while driving, literally anywhere.

    Users do not have to scroll down a page on the screen and can enter a chat room immediately and switch between rooms. They can listen to others or participate in the discussion.

    ClubHouse is only available for iPhone users but right now they are building an Android version (that’s for me).

    *Clubhouse is now available on Android.

    Who Can Use Social Audio

    Companies, agencies, and business owners that want to provide customer support, get feedback on products and services, perform audio surveys, build brand awareness, and so much more.

    Marketers that want to connect with followers, partners, and brands they cooperate with, to promote products and services, announce deals, and so on.

    Podcasters that want to add a new dimension to their shows.

    People using video platforms like YouTube or Vimeo that want to test a new way of connecting with their audience online.

    Coaches, consultants, and other professional service providers as an alternative to video conferencing.

    Consumers looking to connect with their favorite brands on the net, get the latest updates about products, and discuss issues and problems they deal with.

    People that want to entertain themselves, discover news, or get specialized knowledge in a topic.

    Those that want to discuss specific topics (games, arts, tech, business, etc) with a group of like-minded individuals.

    Anyone with a message that wants to share it publicly and discuss it with others.

    Anyone that wants to broadcast a conversation about anything.

    And the catalog goes on. Anything we do on social media can be done through audio.

    Clubhouse global downloads as of February 1, 2021

    Clubhouse global downloads as of February 16, 2021

    Monetization

    The networks providing social audio capabilities can easily monetize the service in many ways. They could sell premium features, accept sponsorships, and even add paid advertising platforms (pay-per-click aka ppc, cost-per-impression or cpi models, push notifications and pop-up ads, and so much more).

    Related:

    Brands and business owners, solo entrepreneurs, practitioners, coaches, consultants, other professionals could also monetize their appearances and visibility by redirecting attendees to their web properties and landing pages with the goal of selling their products and services online, through sponsorships, by announcing hot deals, flash sales, discount coupon codes, answering questions about products and services that lead to purchases, joint ventures with other brands by co-hosting shows and discussions, through sponsorships, and more.

    Additionally, social audio apps like Clubhouse, let members monetize their presence by accepting tips, a form of donations. This is happening in real-time inside the rooms.

    Listeners can tip their favorite speakers at a moment’s notice.

    Is Social Audio Going To Fade?

    We can’t predict the future but the signs are all positive. I think it’s a medium that people will embrace for many reasons.

    Beyond the numerous advantages for all the parties involved, networks, brands, hosts, guests, consumers, fans, and random people, giant networks like Twitter and Facebook are working toward this direction.

    Right now, we all are in need of communication in real-time as we are isolated due to the covid restrictions and audio-only chats are a great alternative to video call sessions. But even when the pandemic is over or under control, people will continue using the apps as they are fun, entertaining, and provide a good user experience.

    Additionally, the tremendous growth of ClubHouse will attract thousands of competitors that will develop their own versions to compete and even beat the newborn king.

    And one final thing;

    I predict that more and more brands are going to adapt audio-only apps (live audio chats) to provide customer service and support on their websites (modeling social networks) as texting messages and waiting for an answer can take hours or days in some cases. It’s faster than making a phone call and doesn’t add any cost to the final consumer.

    Let’s see what happens.

    That’s it, another article has finished, here on Web Market Support. Are you a fan of social audio? Are you using an app? I’m waiting for your comments and thoughts. Till next time.

    Tasos Perte Tzortzis

    Tasos Perte Tzortzis

    Business Organisation & Administration, Marketing Consultant, Creator of the "7 Ideals" Methodology

    Although doing traditional business offline since 1992, I fell in love with online marketing in late 2014 and have helped hundreds of brands sell more of their products and services. Founder of WebMarketSupport, Muvimag, Summer Dream.

    Reading, arts, science, chess, coffee, tea, swimming, Audi, and family comes first.

    MARKETING | ADVERTISING | SALES

    0 Comments

    Submit a Comment

    Your email address will not be published. Required fields are marked *

    Defected Product

    The French Home Food Safety recalled a chocolate product from the supermarket chain Lidl due to the presence of a foreign body. According to the announcement there is a “suspicious presence of small fragments of wood in the product”.

    These are the chocolate-filled puffs under the name “Swiss chocolate” of the company Bridor sold without a lot number in the bread and pastry section baked on site.

    Get the all-new Movavi Video Suite

    Movavi: A slicker and simpler design, smarter AI, faster video cutting, and new overlay effect modes – all you need to drop more jaws with your videos

    Multiple-Choice Role-Playing: Understanding Information Products

    Scenario: You’re tasked with launching a new information product for a startup. The product needs to create buzz, establish authority, and generate sales quickly. You have a budget to either develop a single high-quality product or a series of smaller, more affordable ones.

    Question: Which launch strategy would you choose to achieve the best results?

    Multiple-Choice Options:

    • A) Launch a premium online course with an extensive marketing campaign.
    • B) Release a series of affordable eBooks to build a customer base.
    • C) Host a live masterclass to engage directly with potential customers.
    • D) Create a membership site with exclusive, ongoing content.

    Call to Action: “What’s your strategy? Share your thoughts and get ready for a unique opportunity coming your way!”

    TOP CONTRIBUTORS

    We honoured the 7 first names. Something is coming your way soon!

    1. Natasha Lane
    2. Amanda Jerelyn
    3. Evelina Brown
    4. Bailey Belmont
    5. Gregory V. Chapman
    6. Harris A. Norman (first contributor as well) Double reward!
    7. Beatrix Potter 

    Please vote on what this reward will be. Are you one of the awardees? You can vote too!

    pixteller

    TOP Quote - Read Slowly

    To attract better you need to become better. To become better you need to understand what’s making you, you. Your subconscious mind controls 90~95% of your life. Other people aren’t luckier than you. They simply have different subconscious programming that generates a different reality for them. Get curious about the programming that causes you to experience life the way you do. Be patient as you heal, unlearn, and relearn in alignment with your highest potential. You got this.

    The same is true in entrepreneurship 🙂

    A REVOLUTIONARY WAY of doing business in the "AFFILIATE INDUSTRY"

    🚀 Affiliate Advantage Alliance: Master successful affiliate promotions with an affordable subscription and together, let’s change the affiliate industry that is suffering right now (for aspiring entrepreneurs and brands that want to hire affiliates).

    Stay tuned!

    affiliate advantage alliance promo 01 banner
    knowledge economy success blueprint
    7ideals methodology - Market Parallax info-book page 01
    affiliate advantage alliance
    marketing publishing mastery private training workshops featured banner
    wealthy-affiliate
    Divi WordPress Theme

    Newsletter

    Marketing, Business, Economy, Multimedia

    Get access to marketing and business training, sales secrets and personal stories from the entrepreneurial world, downloads, exclusive discounts and bonuses, and the newsletter to scale your business

    The “7 IDEALS” Methodology EARLY ACCESS

    be part of the upcoming movement

    Read More

    Latest Posts

    business growth hub wms free membership

    Business Growth Hub

    FREE Membership - Constant Updates

    Business Organisation & Administration Excellence

    Guides, articles, eBooks, quizzes, challenges, infobooks, questionnaires, custom reports

    + Problems & Exercises to hone your skills

    ++ EXCLUSIVE Workshops

    PLUS: 1-on-1 Consulting 1-hour per month

    You have Successfully Subscribed!

    Pin It on Pinterest

    Share This