Creating a Podcast Application: The Ultimate Guide
Podcasts are a great way to stay informed and entertained. Whether you’re a podcast addict or a business looking to tap into the podcast market, this guide will help you in creating a podcast application.
Podcasts are more popular than ever
Podcasts have been around for over a decade, but in recent years, their popularity has skyrocketed. According to a study by Edison Research, the number of people who listen to podcasts each week has more than doubled in the past 5 years, and the trend is showing no signs of slowing down. With more and more people tuning in, now is the perfect time to create a podcast application to broadcast your own podcasts or those of experts.
Spotify for example is one of the most popular music streaming services in the world, but it also has a robust podcast offering. The Spotify app allows users to listen to podcasts, as well as music, and offers a range of features, including personalized recommendations, offline playback, and the ability to subscribe to shows and receive notifications when new episodes are available. Spotify is also a great monetization platform for podcasters, offering advertising and sponsorship opportunities.
The competition is tough on the market (Apple Podcasts, Podbean, Amazon Music…), but this is a good sign! Indeed, it means that there is a market. Your role is to go out and capture part of that market.
According to Statista data, the global podcast market was estimated to be around 1.3 billion euros in 2020. This figure is expected to increase significantly in the coming years, with a forecast of 2.7 billion euros in global podcast revenues in 2025.
Imagine you succeed to grab 0,1% of the market. It will be pretty decent revenue!
There is a lot of room for innovation in the podcast application space
Despite the growing popularity of podcasts, there is still a lot of room for innovation in the podcast app space. Whether it’s through new features, better user interfaces, or innovative monetization strategies, there is plenty of opportunity to create a unique and valuable podcast app.
Castbox is a popular podcast app that is available on both iOS and Android. The app features a clean and intuitive user interface, and offers a range of features, including personalized recommendations, offline playback, and the ability to search for specific episodes or shows. Castbox also offers a platform for podcasters to host, distribute, and monetize their content.
How can you stand out in the market? What niche can you still address?
Why don’t people who don’t listen to podcasts today do so, and why will they be willing to do so?
You don’t need to be a tech expert to create a podcast application
Contrary to popular belief, you don’t need to be a tech expert to create a podcast app. There are many tools and resources available that make it easy to build an app, even if you have no prior experience. From drag-and-drop app builders, such as Bubble, to custom development services, there is a solution for every budget and skill level.
And of course, if you would rather not take care of the technical part, do not hesitate to contact a development agency to help you out. iterates agency can build a podcast application for your new project.
Monetization is key to the success of a podcast app
While creating a great user experience is important, monetization is key to the success of a podcast app. You must think about the sustainability of your business from the beginning. There are many ways to monetize a podcast app, including advertising, sponsorships, subscriptions, and in-app purchases. Finding the right monetization strategy for your app will be essential to its success.
In conclusion, creating a podcast application is a great opportunity to grow a business. You have to spend a lot of time thinking about how to differentiate yourself from the competition. Once it’s done, you will have to create your Android and iOS application on your own or with an agency.
Good luck with your project!
You need advice ? Contact us