Nielsen Inks Veritone One For Podcast Buying Power Service

RADIO ONLINE | Wednesday, August 12, 2020

Nielsen

Nielsen has announced that Veritone One, a full-service performance-based audio advertising and media agency, is now a subscriber to Nielsen's Podcast Buying Power service. As a new subscriber, Veritone One will have access to podcast insights spanning 18 genres and over 150 individual podcast titles that can be cross-referenced among a variety of consumer purchase behavior patterns and services usage.

Currently counting over 12 major podcast companies as subscribers, Nielsen's Podcast Buying Power Service allows clients to profile shows using program titles collected from subscribers in order to connect specific types of listeners with particular advertisers and specific program-level insights. It also features the same capabilities by genres and listening usage.

"As one of the largest podcast advertising agencies serving over 100 active clients across 15,000 podcasts, Nielsen's research will help us refine our current placements and unlock market opportunities for new advertisers wanting to enter the medium," said Veritone One SVP of Strategy and Investment Conor Doyle. "Access to consumption and audience data will attract brand advertisers who have been previously hesitant to enter the largely direct-to-consumer space. Integrating Nielsen's unique insights along with our proprietary AI-based analytics and decades of experience will enable us to set a new industry standard in podcast advertising."

Nielsen Podcast Buying Power service has the ability to capture results for specific programs and tie them back with over 2,000 retail/plan-to-buy categories and hundreds of advertisers with specific brand names such as insurance companies, automotive, quick-service restaurants, home improvement retailers and more. These easy-to-use reports are generated from web-based software and have a two time per year data release.

"Veritone One is an agency that is on the cutting edge of advertising, and we are excited to empower them as they turn their data into actionable intelligence with real-time campaign optimization," said

Nielsen Global Media EVP & Managing Director David Hohman said, "With more brand advertisers coming into the podcast medium, and Nielsen's ability to analyze over 150 podcasts, Veritone One will be able to reach even greater success as an innovative industry leader."