Video Marketing - Its
Different Manifestations
By Punam
Parab (c) 2007
Just
go through these facts and figures:
• "This [online video ads] could very well become the
dominant form of online advertising... probably within the next 18 to 24 months"
- Bob Hanna, senor vice president of sales with Burst Media-a group that offers
publisher sites to advertisers.
• "Online video ad spend is to surge by 89% in 2007 and
is poised to grow and in 2010 will be worth around $2.9 billion".
- marketing vox.
• "At some time early in 2010, one in 10 dollars devoted
to internet advertising will go for video placements" - David
Hallerman, a senior analyst with eMarketer and author of the report 'Internet
Video: Advertising Experiments & Exploding Content'
Well, if you
have a sharp mind [and even if you don't], you cannot but notice the rising
fortunes of video marketing. Video marketing is the next big thing in the world
of Internet marketing.
Video
marketing entails the use of video for conveying your message to the audience.
Most experts believe that videos are more effective when it boils down to
establishing an engaging and interactive platform to communicate with the
target audience.
If you too are
interested in entering into the world of 'online video marketing', then it will
augur well if you are aware about the various forms of video marketing. Video
advertising is one of the basic forms of video marketing. In case of video
advertising, the advertiser makes use of the video that is already being run
across television channels. Usually, the video is edited to shorten the
duration. This also makes the video more appealing to the online audience. At
times, the video might be stripped of its sound to fasten the downloading
speed.
However,
experts believe that running the same video for your Internet marketing
campaign as well as on television channels is not a good idea. According to
Amit I. Budhrani of Alza Management Institute, "Most advertisers feel that the content for a video
advert can be borrowed from their own TV commercials. However, this is not the
case. One needs to clearly differentiate between a video advert and an
advertisement made for the TV. Video made for a TV can nevër replace video that
is required for the Internet. And it will not make a good impression about the
company in the eyes of the people since they can quickly make out that the ad
has been copied directly from the TV. If this happens then one is likely to
löse out on viewers since people will not care to view the ad of the company
ever again. Hence the company will loose viewers instead of gaining them. And
this will be a very big loss of opportunity."
Budhrani also
adds that, "People are not going to
spend their bandwidth on ads that can be seen on TV. In other words, if you
have to capture the attention of the online audience, then you have to present
them with fresh content that is creative as well as engaging."
Ron Coomber of
ITV agrees with the opinion put forward by Amit I. Budhrani of Alza Management
Institute. According to Coomber, "The
conventional 30 second TV commercial will not be as effective when presented on
the Internet." According to Lanctot of Avenue A/Razorfish,
"It's easy to repurpose TV Ads, but
it's not a good idea. Everyone seems to agree, but they keep doing it."
However, winds
of change are slowly sweeping in. According to Treffiletti of Carat, "We have some clients who have allowed us to actually
shoot video for [the Internet]. In addition, when they're shooting a commercial
and they have the A roll and the B roll, the B roll has a lot more life now. We
can actually use that extra footage."
The other form
of video marketing that has been attracting the attention of business houses
and corporate sector happens to be in-text video advertising. In this
particular form of video marketing, a video gets uploaded and subsequently
played whenever a user scrolls over an underlined text.
Experts state
that in-text video advertising is a highly efficient method that can be
precisely targeted towards a particular segment of the online audience. This is
because a person will be induced to take his mouse over an underlined word only
if he can relate with that word. For instance, a young mother might roll her
mouse over words like 'bottle feeder', 'baby diapers', 'infant care' etc. This
is because as a mother of an infant, she can relate with these words.
In-text video
advertising is a user-initiated form of advertising. This means that the video
will be played only when the user opts to roll his mouse over a phrase or a
word.
Advertisers
also have the option of going in for 'product placement in video'. This form of
video marketing is similar to 'in-film' advertising wherein the product is
placed in the video. For instance, one can notice Omega watches in James Bond
movies. 'Product placement in video' works on the same line except for the fact
that the same is done in the virtual world and through an online medium.
The products
are integrated in the online video. At times, the viewers are also allowed to
interact with the product in question. This increased interactivity enhances
the engagement quotient of the advertisement.
'Advertiser
funded video' is one more manifestation of video marketing. In this form of
video marketing, the advertiser creates the content of the video but the same
is run on third-party websites. The video seeks to entertain, inform or educate
the viewers as well as to convey the information of the advertiser to the
target audience.
One can also
directly deliver the video to consumers via email. This form of video marketing
is known as 'direct video'. However, this is a relatively new form of marketing
and is yet to be exploited in a big way. The rise of Web 2.0 has allowed
advertisers to deliver videos in HTML [Hyper Text Mark-Up Language] and thus
avoid languishing in the receiver's bulk or sp@m folder.
Most experts
believe that this form of video marketing has good potential especially
considering the fact that an increasing number of netizens are now opting for
hi-speed broadband connections instead of the traditional dial-up connections.
This is good news for those opting for 'direct video' as research has proven
that those having broadband connections are more receptive towards video.
The growing
popularity of such sites as YouTube has opened up one more avenue for
advertisers, business houses and the corporate sector. One can place videos in
social network sites. According to a report that appeared in Reuters,
"YouTube, the leader in Internet video search, said on Sunday viewers are
now watching more than 100 million videos per day on its site, marking the
surge in demand for its "snack-sized" video fare."
Experts state
that this particular form of advertising has great scope provided the videos
feature original content [that is the ideas for the video are not directly
uplifted from the ads that are run on television] and are high on creativity.
And, if you do
not want your video to get featured in a social networking site, then you can always
have them displayed on mobiles. Experts state that since the number of mobile
users is showing a tremendous íncrease, one can go in for mobile video
marketing. According to Jim Cook of MobiADNews.com, "there are currently around 2.5 billion mobile handsets
in the world, roughly the same number as TVs and PC's combined."
Those
conversant with Internet marketing dynamics state that mobile users are showing
a tremendous appetite for videos. As MobiADNews.com puts it, "A number of recent studies have shown that consumers
are actually very willing to receive ads on their phones as long as certain
conditions are in place."
Most experts
state that people are willing to see videos on their mobiles as long as these
videos are relevant to their needs and desires. Similarly, viewers also expect
something in return from the advertiser after watching his/her advert. Experts
also believe that mobile video viewers want an assurance that they can opt-ín
or opt-oüt of the video.
According to
the Interactive Advertising Bureau, UK, "there are already many types of mobile video ads available including
banner ads, text ads, search ads, short code response numbers in print and TV
and ads inserted between levels of a game. Essentially, the choice available to
advertisers is as large as that of internet advertising and it is recommended
that - in the same way as internet – marketers select only the forms beneficial
to their brand and campaign."
Thus, there
are various forms of video marketing. Advertisers, wishing to use this form of
Internet marketing, should carefully weigh the pros and cons of each form of
video marketing. They should also weigh their intentions and objective
campaigns of their online marketing campaign against each form of video
marketing and select the one that will help them to gain maximum mileage.
As Interactive
Advertising Bureau,
UK
puts it; "online video takes this to the next level by
delivering the content we love to other portable video players. This leads to
accessing video content in entirely new places; living rooms and cinemas are no
longer the only place to view video."
About
The Author
Punam Parab is a freelance writer who takes an active interest in the field of
internet marketing and search engine optimization. She regularly writes
articles that deal with the various facets of internet marketing and the
developments taking place in the field of internet marketing. http://www.alzains.com
www.HotConflict.com Disclaimer
This article is being reposted here for informational purposes. Its author doesn't necessarily support the aims of this website and its members.
I think viral marketing will be the next big thing this year.
Posted by: Mystic Liquid | Thursday, January 24, 2008 at 02:02 PM