Top 10 Stats About Online-Video Usage and Advertising for 2016 and Beyond

What do you need to know about online video for 2016? Here’s a convenient “round up” for your viewing pleasure.

Here's a guy looking at mobile video. It's trending.
Here’s a guy looking at mobile video. It’s trending.
  1. Mobilization. Mobile advertising is growing 66% and desktop is just 5 percent. What’s interesting to me is that 36% of our time is spent on TV, and 39% of the ad spending is there. But we’re spending 25% of our self on mobile, while only 12% of ad spending is on mobile. Implication: watch for way more advertising in your apps, on mobile-enabled site, and perhaps even while you text. (KPCB Internet Trends, June 1, 2016)
  2. Mobile vs desktop tie. By 2020, online-video advertising will be about 50% mobile and 50% desktop.
  3. Pay TV is stuggling. About 86% US Internet users think pay TV is too expensive. Some forecast a decline (source: TVFreedom, : SNL Kagan as cited in Video Advertising Bureau, 2015).
  4. TV ain’t dead. According to eMarketer “TV will continue to grow and remain the top video advertising format through 2020.” That said, our time with digital video (versus TV) changed in 2012 and the gap has widened, with digital outpacing TV (Nielsen, eMarketer).
  5. Netflix is rocking it for time. The streaming time of Netflix is growing insanely. 600M hours in 2009 and 42 billion hours in 2015. And originals are the reason (Netflix and Cowen & Company, 2016)
  6. Digital Video Ad Spending is Growing But Slowing. We’re seeing about 30 percent growth in digital video ad spending this year, but in the next few years the growth will slow somewhat…. Down to 20 percent next year and about 10% by 2020. Still growing, just not as radically.
  7. Watch out. We're gonna block that online-video ad on mobile.
    Watch out. We’re gonna block that online-video ad on mobile.

    Video ads need help. Many Online video ads are ineffective. About 80% of us mute video ads, and the majority (62%) are annoyed with pre-rolls. And 93% consider using ad-blocking software (Unruly Future Video Survey, July 2015). Given mobile use behavior, online videos are going to have to adapt.

  8. Block You. You know that thing about mobile users being annoyed by ads? The growth of mobile ad blocking is happening radically faster than desktop (as cited by the KPCB report, PageFair & Priori Data 2016 Adblocking Report.).
  9. What works in mobile video ads? Keep it less than 10 seconds, shoot it for mobile, and try for full-screen delivery. (Snapchat and other sources).
  10. What makes for good video ads? Unruly’s recommendations: be authentic, entertain, evoke emotion, go personal/relatable, be useful, give viewers control… and work with sound off and in non-interruptive ad format.

See more at eMarketer. Or KPCB for internet trends. Or Invisia for more.

The Future of Book Publishing (or “what I found while procrastinating writing my book”)

Holy crap. Check out this former editor who’s gone all foaming-mouth, Huffington-like crazy about the digital impact on traditional media and publishing. Now sit down and read this, because you might just learn something important. Sit. Sittttt. Good boy.

Richard Nash is the kind of guy that would either enthrall you over a 2nd martini or bore you to terminal, self-induced intoxication. There can be no middle ground. I suppose for me, I’d be leaning over listening with violent interest until the third martini, at which point I’d use the gesture my kids adopted from a recent Warner Brothers classic: Bugs Bunny is confronted by a poor sap that says, “pardon me, can you help out a fellow American who’s down on his luck?” Bugs reaches into his pocket, pulls out his thumb, and shouts “hitt daaaa rooooadddd.”

Some excerpts from his “Book Publishing 10 Years in the Future” are so profound I need another cup of coffee to understand them. I added some quotes because otherwise it’s as hard to understand as a Dennis Miller rant, boasting obscure references that make you feel smart if you bat 20% (which is not how the sporting kids are scoring these days).

  • In 2020 we will look back on the last days of publishing and realize that it was not a surfeit of capitalism that killed it, but rather an addiction-to-a-mishmash of Industrial Revolution practices that killed it, including a Fordist “any color so long as it is black” attitude to packaging the product, a Sloanist “hierarchical management approach to decision making,” and a GM-esque “continual rearranging of divisions like deck chairs on the Titanic based on internal management preferences rather than consumer preferences.”
  • In 2020 some people will still look back on recent decades as a Golden Age, just as some now look back on the 1950’s as a Golden Age, notwithstanding that the Age was golden largely for white men in tweed jackets who got to edit and review one another and congratulate one another for permitting a few women and the occasional Black man into the club.
  • In 2020 the disaffected twentysomethings of the burgeoning middle classes of India, China, Brazil, Indonesia will be producing novels faster than any of us can possibly imagine.

So there’s Nash’s Dystopian third phase of publishing evolution (the first two I lift from “The Last Lecture“):

  1. Buy an Encyclopedia, written by invite-only guests and largely unedited.
  2. Democracy takes over with Wikipedia. Turns out it’s more accurate and self-healing than Britannica.
  3. Whoops. Wikipedia forgot that profit thing, but the pleas from the founder are charming. Along come the $5 per hour researchers that mass produce content, QA it on the cheap, and dollar-store dispense it (or fund it with porn ads).

I almost feel like it’s treason for me to reference his power puke on publishing since I’m working on a book with a major publisher. But what else am I going to do to entertain myself while I procrastinate? Geez I hope they don’t read this.

So here’s the thing, though. Any sap could write “Beyond Viral Video” like I am, but don’t we factor in the author when we buy content? Would I have purchased Randy Pausch’s book-on-tape without the story behind him, his death, his hope, his dreams and his family?

Damnit, Nash. I’m not going to buy a self-help book written by a guy that used to answer the phones for Dell am I?

Maybe he’d encourage me to find my inner Buddha, which conflicts with my religion-du-jour: “listen to the voice of your inner African American grandmother.”