Online video advertising growth strong despite slowdown

emarketeer1Emarketeer has just reported its 2009 forecast for online ad spend. No suprises given recent industry and media buzz. Online spending on video advertising, is expected to remain strong at 44.9 percent, whilst online ad spending is forecast at US$25.7 billion dollars in 2009, just 8.9 percent more than the US$23.6 billion dollars that will be spent in 2008.

In August, before the full impact of the economic slowdown and its impact on the technology sector was apparent, eMarketer had predicted online ad spending would grow by 14.5 percent in 2009.

No suprises. Display has a terrific role to play in brand enagement as well as ROI and now with broadband, consumer video habits and a plethora of agency and SME video solutions and ideas the advertiser can really engage their audience with video advertising and content via the PC and increasingly through the take-up of the ‘new’ devices. Our view a targeted engaging piece of video vs. dead trees and mass broadcast. Let battle commence.

Internet video reaches 290mn households globally

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IMS Researcg reports that 290mn households had the capability to view Internet video at the end of last year. 10% of whom had the ability to watch online video on their living room TVs.

The number of households worldwide with access to Internet video on their TV is projected to reach 300mn by the end of 2013, according to the report, entitled ‘IPTV: Beyond Telco TV’.

Shane Walker, Research Analyst at IMS Research suggests ‘numbers will be driven by more CE manufacturers incorporating web video into their products during the first half of 2009 plus the launch of stand alone internet video set-top boxes, such as Roku and Vudu ”.

Clearly online video adverts will have significantly more homes to find and engage their target audiences through the coming 12 months. For SME’s in particular advertising via TV/video into the home is now on the agenda, and through targeting, SME’s will be competing for ‘ad-time’ in areas only major corporates and agencies used to be able to afford.

Online Video Redefining B2C communication

onlinevideoinsiderExcellent article by Dave Dutch, of Vignette, on Media Post’s Online Video Insider this week
 
Dave triumps web video’s real potential is not in watching “Lost” or “The Office” online or even downloading those shows to your cell phone or iPod.  It’s about giving consumers what they want in the most engaging medium available. Reviewing the fact that people prefer a visually dynamic medium when it comes to being entertained or getting information. He highlights that the vast majority of businesses riding the video wave are non-media organizations, ranging from small neighborhood retailers and restaurants to powerhouse brands like Nike and Apple.

This backs our view at silverlinemedia.tv. The opportunity right now is for SME’s to move faster than their big brothers and present a powerful position online using video. Another competitive barrier of big advertising and creative budgets is being over-run.

Dave ends the aritcle – this future is much closer than you probably think. We whole heartedly agree. As a favourite Mancunian band of ours once prophesised ‘the past is yours but the future is mine’

A Quarter of Americans watch online video

Further evidence that US internet users are moving fast into video arrives today from Mediamark Research & Intelligence (MRI). Downloading TV programs, watching online videos and making online phone calls posted the biggest year-to-year percent increase among adults.

According to responses from MRI’s just released Fall 2008 Survey of the American Consumer, 3.2% of adults said they had downloaded a TV program in the last 30 days. That represents a year-to-year increase of 141.4%. The number of adults who reported they watched online video increased 35.4% during the same period, to a total of 23.3% of the adult population.

Whilst the numbers for this survey for video look smaller than others such as Comscore the year on year increase is important demonstrating a trend marching upwards, and matches some of the more numerical findings from the likes of alexa.com

This is a robust face to face survey. MRI interviews approximately 26,000 U.S. adults in their homes each year, asking about their use of media, their consumption of products and their lifestyles and attitudes.

Videos improve website performance

gartner2Gartner research reports that video has the advantage of being more measurable, more impactful and more likely to produce results without taking users off a site.  Silverlinemedia.tv has scores of case studes showing that the right video embedded into websites increases the KPI’s of the site, primarily around conversions.

Our experience is a focussed deep site with video promotion, how-to beats a site with breadth.

Finally you can get your video top of YouTube

youtubeFinally YouTube announced on Wednesday that they will be copying parent company, Google’s core advertising search business model and offering reverse auction bids for top of search placement of videos.

This will enable both corporate, SME, and even hard core video producers, the ability to get their video (ad) to the top of the list. This is a great targeting solution, no doubt the advertiser interface will offer the ease of use and targeting opportunities that google has.

Youtube is close to launch with a number of advertisers in beta. Fox Searchlight Pictures used the sponsored video program amongst other tactics to promote the release of ” Choke,” driving nearly 2 million views to the film’s trailer on YouTube, said Daina Middleton, senior vice president of Moxie Interactive, the studio’s digital agency

What took them so long.

Protail Content filling the niche video advertising space

Protail Video is clearly creating significant audience and volume in niche segments, enabling terrifgartner_logoic targeting opportunities. Protail Content. the gap between professionally produced content and user-generated content, is giving traditional niche media owners the frights. Within the masses of content availalbe new stars and loyalties are emerging, creating further online video advertising opportunities.

Gartner, Inc. this week reported that protail video is offering consumers a wide range of higher-quality niche content and providing advertisers a safe, targeted inventory in which they can place ads.  The amount of protail content has grown as much as 600 percent in the past year, despite a complex distribution labyrinth and fragmented monetization opportunities.

Worldwide protail advertising revenue is expected to total $75 million in 2008, and grow in excess of $1.5 billion by 2012. This segment will offer advertisers in search of targeted noncopyrighted video inventory a major placement opportunity.

Siverlinemedia.tv believes that many of our SME customer’s will be heavily targeting protail content shows as targeting, reach and price/value is becoming significant.

BBC accellerating networks’ Global Local Video Strategy

iplayer_logo250m videos have been seen on the BBC’s iPlayer according to Erik Huggers, Director of BBC Future Media & Technology. He spoke on 11th November 2008 at Screen Digest’s The Future of Online Media Distribution conference.

The BBC, with its stella current and archive content, is extending both its world and local reach. Globally the BBC is finding its programs are delivering incremental audiences around its mainstreama and niche content and will aim to integrate a social media platform to further engage its audience in programming.

Locally the BBC is going deeper with its resourced local UK network delivering broader and deeper video content, which will deliver a major challenge to local newspapers, who are already in crisis.

Whilst the BBC has ‘public’ funding the lead they are creatring in this area, will be aimed to be replicated by commercial organisations, albeit with different funding depth. For video advertising, and for SME’s, the accelleration of traditional networks into online is going to mean more targeted audience options to place their online video content. For example a local organic manufacturer of jam is going to be able to target their own video content, advertising or editorial, within both regional and global niche food programming.

The opportunities for targeted advertising and the online creative quality of that advertising are really only past the first few chapters.

Yellowbook.com follows onto Youtube.com

Yellowbook.com, the US directory giant, announced today a content distribution agreement with YouTube, the world’s most popular online video community allowing millions of people to discover, watch and share originally created videos, to showcase yellowbook.coms video advertisers across YouTubes network.

Good to see major media companies folowing on from start-ups like us here at Siverlinemedia.tv in posting their customers to youtube.com.

Online TV commercials beating traditional TV?

According to Ad Age today,  the US ABC and CBC networks are spending millions on research to make two arguments: Online-video ads have a bigger impact than TV ads and therefore deserve higher ad rates than TV, and that consumers don’t mind the intrusion. Their initial research from Magid Associates shows consumer recall of an unskippable ad online is 50% compared with 18% for an unskippable ad on broadcast TV. 

We say - Further evidence from world leading players in the commercial field that online video advertising works.

Not to sure how the research company define the ‘control an unskippable ad on traditional broadcast TV’, comments welcome.