Audacy, Veritonic Joint Study on Effective Audio Ads

RADIO ONLINE | Monday, February 13, 2023 | 12:32pm CT

Audacy

An audio study conducted by Audacy, in partnership with Veritonic, concluded that in audio ads, four key features maximize intent to purchase, recall and brand favorability: sonic branding, music, voice, and message. Sonic branding is the single most effective way for marketers to improve brand recognition and purchase. It's central to how we feel about and identify with brands. A sound logo that's deployed consistently over time can reinforce a visual and verbal brand identity and enhance brand recall. Sonic branding:

Whether it's curating custom compositions or selecting simple melodies, the key is to select music that aligns with a brand's core values and brand personality. Music can be utilized to reinforce what the brand stands for, capture attention within ads, and connect with target audiences. Incorporating music into ads drives purchase intent by 5%. Music also helps ads stay top of mind and propels intent to purchase, and ads with music were more memorable, realizing 4% higher recall.

With the growth of audio-first platforms such as podcasts, music streaming and voice assistants, brands are increasingly communicating with consumers through voice. There's always great debate over voice - will a female voice or male voice resonate best, young and energetic or mature and authoritative? It turns out, the most significant and consistent driver for success was multi-voice.

While ultimately, the voice that works best depends on brand personality and which voices jive best with established identity and target audience -- the study has found there are some tactics that show success across brands and industries (multi-voice). Ads with multiple voices increase recall by 10%.

The script matters too. The basics - how many times you hear the brand name matters; how many times you're exposed to an ad campaign matters. When the brand is mentioned at least four times, purchase intent increases by 4%. Brand mentions in disclaimers factor into this increase as well.

"The study, based on an incredibly rigorous design that combines content analysis and survey methodologies, spans creative elements in OTA and podcast ads, across auto, financial service, CPG, and entertainment categories," said Audacy Senior Vice President of Research and Insights Idil Cakim. "It shows the impact of creative element choices on how brands are perceived and stay top of mind. And how sonic messaging ushers consumers through the purchase funnel to purchase."

"The question on everyone's mind is no longer should I be using audio, but what should my audio sound like?," added Veritonic CEO Scott Simonelli. "Creative testing is an indispensable tool for answering that question. It enables brands to invest in the powerful and highly personal medium with confidence, knowing that their audio accurately represents their brand while achieving their business goals."

To download the study, visit audacyinc.com.