Tag Archives: advertisers

Research Suggests Web Video is As Good as Television, and Viewers Are Ages 18-34.

Fresh new data about online-video views, sharing and viewers! The source is YouTube, Next New Networks and Frank N. Magid & Associates (see press release and blog), and the data was collected between May 18 and June 4, 2010. While it’s not super fresh, it’s filling a void in the past year.

Two important take-aways: First, the audience is digging its online video. More than half of those surveyed (people who have watched Web original videos) deem them to be just as, if not more, entertaining than what they view on traditional television. Did you hear that? As good as TV. And 25% find it more entertaining than traditional television. That explains why these folks are 2.5 times more likely to be “engaged.” They’re clearly watching more sophisticated content than mine.

Now before we get too excited, clearly YouTube and Next New Networks aren’t exactly objective here. Both have something to gain from convincing advertisers that this web-video fad, like the Fushigi and pet rock, is here to stay. However there are two things that make me inclined to trust the data: First, hopefully someone with a website as boring as Frank Magid’s is keeping an eye on the methodology and sample. Secondly, YouTube/Google almost NEVER shares data. So that’s a big deal.

I’m never sure what to do with excerpts like “four out of ten share videos,” because I’m more interested in how often they share. For instance, I’d be among the percentage of people who has seen my dentist in the past year (hey look I made him a website: drjeffreymercando.com). But that overlooks the reality that I’d not seen him for several years prior to my visit last month. If you surveyed me if I floss, I’d say yes. But how often?

The second interesting fact about this collective study is that online-video viewers are indeed young: mostly 18-34. There was no shame in the way YouTube/NNN and Magid depicted the demographic of online-video viewers. Rather than trying to dance around one of the leading concerns advertisers have about any new medium (that their target isn’t there)… YouTube & Next New Networks tell it like it is:

“According to recent Nielsen reports, the average age of television viewers is over the age of 50. However, this research revealed that 18-34 year old Web original viewers constituted 65% of the National sample, 73% of the YouTube sample, and 90% of Next New Networks’ sample. Not only does the coveted 18-34 demographic spend many hours viewing video online on a regular basis, but the research shows that this time spent with online video and Web original content leads to less time with TV. Web original video viewers spend 13% less time with TV than non-viewers.”

No they're actually 18-35. It's not just that they think they are.

So these fellas are kinda saying, “yeah we’re not television… but our audience is more engaged, and it’s that coveted 18-34 year olds who spend a lot of money.” And then it tosses in the fact that for these peeps, television isn’t growing. This demo, according to the research, is 13% less likely to watch the boob tube.

I present this cautiously. I recall the advertiser trepidation with the Internet itself, based on the assumption that online surfers were all college kids, and we (almost overnight) saw that change. Now, of course, online-use kinda mirrors the general population (at least in the U.S.)… that’s where this is heading. Eventually, like it’s true for the web, any target can be found via online video, with varying degrees of precision and scale. So I don’t want to let brands targeting different audiences, “off the hook.” Media buyers hold demographic data like Irish people hold grudges, and we don’t want to see advertisers write online-video off as the medium for just for Vodka, Kaplan, and Sandals Resorts. I think we need to keep a close eye on how online-video viewership of moms and boomers grow in the next months and years.

That being said, it skews young right now. Let’s face it and embrace it. Anyone up for cramming for the GMATS over a martini in Jamaica?

“The findings are an incredible point of validation for Web original programming as a key source of entertainment and viewers find it to be on par with television programming,” said Rick Silvestrini, Product Marketing Manager at YouTube, while holding in a 27-year-old fart.

Speaking of Silvestrini, below is my video remix of him, inspired by a comment I noticed about his original video where someone swears they heard a fart. Is this tasteless? Yes. Biting the hand that feeds you? Perhpaps. But could you expect me to restrain myself? No way.

No offense Rick. I’m the same guy that stuck Jordan Hoffner’s sound bite about advertisers fearing cats on skateboards into a “best of cats on skateboards” remix. And Chad Hurley still thinks of the anchovy pizza video when he sees me. It’s love… it’s just tough love.

Brands Looking for Good Video Content Are Smoking Acid

It’s very obvious to advertisers to buy media that interupts popular television shows. Supply/demand creates expensive spots for the Superbowl, and bargain prices for reruns of Full House.

But when branded entertainment became vogue, someone smoked bad acid and promoted a ridiculous concept. Get the sponsor before launching a show, and sell ’em based on the quality of the content. This assumes that agencies and video producers know what content will become popular and influential, (and worse yet that advertisering sponsors can). Wrong. Wrong. Who could have predicted ANYONE in the top 10 most-subscribed YouTube list? Who could have predicted that I’d be a most-viewed YouTube comedian, for crying out loud? And yes I know people don’t smoke acid, jerk.

GoDaddy took a sole sponsorship on “Internet Superstar” (a very clever show that’s now RIP). I loved the show, but I also recognize that — for reasons that elude me — audiences don’t flock to a well-produced show about the other video stars and shows. It similarly perplexes me that Pepsi-backed PopTub hasn’t yet developed a larger audience, but perhaps the “Entertainment Tonight of online video” defies the niche nature of online video (then again, I laughed when I saw magazines about the Internet, and some have survived).

Don’t get me wrong. I believe GoDaddy picked well with Internet Superstar, and that Pepsi found a good show on PopTub. But it’s easy and unwise to pitch an idea, get backing, and then search for an audience with the sponsor’s money.

I’d take a more pragmatic approach as an advertiser. I would promote via what people watch and not what “the suits” and focus groups predict will be hot. That means I’d partner with something as inane as Fred (assuming I felt confident that his bit had staying power). And if I found a brilliant concept (iChannel) that hadn’t garnered an audience, I’d let someone else fund their launch. As I said, online-video popularity is not about talent alone.

An exception, of course, would be Burger King sponsoring content by a known animator (Seth Mac Farlane) that is getting traction because audiences like Seth’s style, and BK is pumping it with ad dollars. And who wouldn’t rather watch “Seth sellout” rather than Burger King commercials on a Burger King YouTube channel?

But when a popular YouTuber spawns a spinoff channel, it often develops a quick following without ad dollars to pimp it or a well-known offline personality.

  • MrSafety‘s relatively new “Mean Kitty” channel is about to surpass me in subscribers.
  • What The Buck Show host, Michael Buckley, has an extremely popular channel where all he does is vlog.
  • Another spinoff (BamBamKaBoosh) amassed 50,000 subscribers in days without any videos — just because popular creators promoted it.
  • Show me an agency that has developed video content and garnered such a fast and loyal audience without promoting it (with ads that might be better served to sell their product not a lame show).

Now the power of being a sole sponsor is far greater than an interruption ad, and these programs shouldn’t be evaluated on a basis of total views but on the impact of the views (not CPM, folks, but Dynamic Logic pre/post awareness and attitude trackers).

I’d rather have a small product placement on the most popular YouTube channel than be the sole backer of an amazing show that’s in search for an audience. Even in branded entertainment, follow the crowds unless you’re extremely confident you can create your own.