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Listen Up! If you're not advertising on internet radio, you could be missing out.

By Catherine Seda

Opinions expressed by Entrepreneur contributors are their own.

According to a 2004 study by media research firms Arbitron Inc.and Edison Media Research, internet radio has an estimated weeklyaudience of nearly 19 million Americans and growing. Not only arepeople listening in online, they're also buying online.

Monthly internet broadcast (radio and video) users mightrepresent only 26 percent of the online audience, but theyaccounted for an estimated 42 percent of online spending.Advertisers can reach an audience that's in listening andshopping mode.

Thinking of advertising on internet radio? Here are a few tipsbased on audience demographics and behaviors:

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