Gap Closes: Video Advertising Is Here (Finally)

This Dan Greenberg story in MediaPost is good news to online-video advertising enthusiasts. Seems the “gap” is closing, and online video is moving into critical mass. Did I just say “critical mass”? Oh well.

Dan provides 5 reasons:

  1. Big brands be making video content investments
  2. Top agencies be making online video a practice/priority
  3. Agencies are creating titles like “director of earned media” (a residual of PR)
  4. We’re developing better metrics than fargin’ clicks. Remember that clicks are like hits (which stood for “how idiots track success”) and impressions aren’t impressions unless they make one. Don’t be a click prick.
  5. Forrester and Nielsen are validating this approach with reports. Whatev.

Anyway this is good news to online-videophiles. Yeyy the market is catching up.

 

 

 

Weird & Unusual Weather Reports of the Week

"Modern Family" Gloria Delgado-Pritchett look-alike shows grace under pressure during earthquake weather segment

It’s been a weird week for weather reporting. What’s the most unusual report of these three? Or perhaps you’d like to pick from my personally hand-curated most epic weather people fails (below).

a) Gloria Delgado-Pritchett look-alike Jeannette Calle was recording her Accuweather report when the earthquake hit yesterday at 1:51pm ET. To see her graceful preamble click here, but the video below cuts right to the shake and “my heart was pounding.”

b) Our local Philadelphia meteorologist Jim Kosek focused mostly on his chiropractic condition, and his only relief from Advil and a soda. Then he tossed in some weather. Here’s another vintage/insane Kosek report.

c) Sorry, the third choice isn’t actually from this week, but it’s timeless and wonderful. The weatherman who has a screaming panic attack of a cock roach…

If you like these, you may also like these epic weather fails:weather guy has diarrhea on air,” “drunk weather guy,” “Tourette weather man,” “giggling weatherman after dogs hump,” “your isobars make me horny,” “pollin shit continues,” “doctor weather mute,” “phallic weather patterns,” “Child-molester chroma,” “giggling German weather lady,” “Diana are you hitting a button (bad weather fill-in).” 

 

How to Measure Online-Video Advertising: Shaping the Fog of “Engagement”

“Video advertising is still ‘in its diapers’… you gotta remember that most people don’t want to see ads” said eMarketer’s David Hallerman in a webcast last Thursday (October 21, 2010). eMarketer provided highlights from a report (“Video Advertisement Engagement: What Marketers Need to Know”) in the one-hour webinar, and slides are excerpted from that.

Engagement is worth defining considering it's what advertisers want most (after awareness)

Hallerman says online-video is the most expensive form of digital advertising, and skews toward professional content not user-generated. He explores both the definitions and forms of engagement. Per the chart on the right, awareness is still the #1 goal of marketers followed closely by engagement (according to an April 2010 study by Tremor Media of 98 advertisers/agencies).

So what is engagement? Some say it’s paying attention, others refer to interactivity, and still others refer to what happens afterwards.

I’d prefer to focus on what Hallerman calls server based data (a view, start-rate, completion time, mouse-over, sharing) and not survey data (like “brand health” metrics like awareness or intent, reported by Insight Express or Dynamic Logic). However those “brand health” metrics can be vital to determining “intent to buy,” which is often not captured by server metrics (although some cookies provide advertisers data about purchases that occur long after a video view).

Engagement metrics include:

  • Interactivity (clicking ad or mousing over): Scanscout’s cost-per-engagement. Hallermans says there’s an increasing desire among marketers for interactive pre-rolls.
  • Sharing or commenting
  • Interactions, experience (Forbes)
  • Two-way

Context is also important… an auto-roll on gaming or entertainment site is not going to be as powerful as a self-directed and completed video on a shopping site. Hallerman reminds us that consumers value HD (above many other factors) and that quality (original versus repurposed) is vital, and that’s an important insight. During the Q&A Hallerman later acknowledged that some studies are showing that repurposed television commercials are faring better than once expected.

Online-video advertising spend is growing in strong double digits through 2014 according to eMarketer

eMarketer projects continued growth of the medium as depicted above — reaching at least $5.5 billion by 2014. But when it comes to online-video ad views, all video sites aren’t created equally (comScore, Sept. 30, 2010). The report shows that “ads per viewer” on Hulu is more than seven times higher than Google/YouTube sites. See the rank of video-advertising properties, and Hulu tops followed by Brightcove and Tremor Media (both which serve ads on websites not exclusively devoted to video content). At 30 ads per viewer per month, it’s no wonder Hulu is considering cutting its monthly subscription in half.

Far more online-video ads are consumed on Hulu and networks (Brightcove and Tremor) than on Google/YouTube

Time per month per viewer on YouTube is nearly twice that of Hulu, despite Hulu’s content being generally longer (22 minute shows versus 2-3 minute videos). Hallerman refers to Hulu’s experience as “lean back” because we allow the show “to wash over” us, whereas other sites (YouTube) require a more “lean forward” experience. Marketers, says Hallerman, are looking for what they know from broadcast advertising — pre or mid-rolls played “in stream” during a video’s view.

An August 2010 study by comScore shows time per viewer leading by YouTube then Hulu

Marketers choose ad-networks to target online-video ads based on two factors: demographic or content. A beauty ad on Break.com, Hallerman explains, won’t likely get high engagement. As for viral?

“…You don’t just make something go viral,” Hallermans says. “It’s really a whole process that needs a blend of paid, owned and earned.” He provides the recent Old Spice example, which involved paid ads on television and the web, a microsite showing more content, and “earned” media where video answers responded to specific bloggers. He credits the paid ads were the “spark.”

Aside from viral or its own reason, here are what some marketers claim to have accomplished on YouTube. So one in five (20%) say their YouTube videos have driven sales via links. But recognize that the data are not saying that happens twenty percent of the time- it’s usually in the low single digits in my experience.

YouTube marketing tactics reported by marketers (MarketingProfs 2009).

Branded content (where the marketing is not “heavy handed” and is “almost a bi-product”) is the most effective forms of marketing according to an October 2010 report by the CMO Council. Branded content tops more traditional online advertising models or even database-driven behavioral marketing. Video content, for instance, about dogs with dog-food product placement… may have a greater impact than dog-food ads alone. “Creating an experience,” Hallerman says, “is hard but important.” These can be tracked by brand-equity scores. He provides another example of a hair-care product that might show entertaining or educational fashion tips (focusing on benefits) rather than advertising about the product (features).

During the eMarketer webcast, EyeWonder shared “server side” data that show higher engagement rates for ads in the financial sector, with travel or electronics on the low side of engagements. EyeWonder showed a case study involving Gatorade’s G Series, which featured a 15-second ad that allows customers to see how the beverage helps before, during and after an athletic event. The click-thru rate was a tame .13%, but the a video completion rate was an impressive 62% across all of the impressions.

Hallerman was asked to comment on how to make a video more likely to be viral, but said if he had the answer he’d be working at an agency. Perhaps he just needs a copy of “Beyond Viral.” 🙂

Nalts Gets Killed

Fiction and reality can be ironic. Last Thursday night I joined some folks in NYC to shoot the recent “Farting Unites,” but not before meeting in Newark to get killed by PaulScott1972here’s his frightening video threat.

Ignored YouTubeAnd here’s a video called “Ignored: Part 5.” It’s graphic and involves a car being tampered, but be sure to enjoy the outtakes to decompress.

In true irony, during this same time I received real death threats and car tampering that has resulted in an ongoing police investigation. See “more” to read about that too-close-to-home drama.

The fictional series, titled “Ignored,” (see entire playlist) was inspired by the behavior of YouTube viewers who feel dejected because their favorite creators don’t respond to e-mail or messages… K80Blog was fake killed last Halloween. Musosf and GeneticBlend are two of the creative brains behind this disturbing but intriguing storyline.
It’s unfortunately true that as a YouTube creator’s viewer audience increases, it becomes impossible to dignify each person with a response. This makes the “famous” recipient perpetually guilty, and offends people who don’t know what it’s like to receive hundreds of messages a day via YouTube. I remember feeling “ignored” when I was new to YouTube and didn’t get responses from popular YouTubers to whom I wrote
The death video is atypically dark for a Nalts one, so my kids won’t be watching it and neither should yours. But I have been known to fake my own death before (see GooTube Conspiracy). I’ve even had a firework smash through my eyes thanks to the special effects of Davideo Designs. Continue reading “Nalts Gets Killed”

Online Video in UK: YouTube vs. BBC

Hitwise reported recently on the dramatic growth of online-video viewing in the UK. Time to start faking a Brittish accent in my vlogs.

The most interesting part of this, for me, is that YouTube’s total traffic is higher than the next 10 properties combined. And YouTube’s 69% share of the top 10 is followed by a paltry 5.6 percent share by the BBC. Can it last?