Since I was dangerously close to having a “dark blog” here, I thought I’d share some recent online-video information that’s worth knowing.
Online-video ad spending continues to grow, with 2017 looking to be passing $9 billion this year (it was $6.8 Billion in 2016). That’s according to recent research by the Interactive Advertising Bureau (IAB) as reported in “Digital Content NewFronts: Video Ad Spend Study.” Advertiser Perceptions surveyed 358 US agency (47%) and marketing (53%) professionals to inform projections.
What do you need to know about online video for 2016? Here’s a convenient “round up” for your viewing pleasure.
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)
Mobile vs desktop tie. By 2020, online-video advertising will be about 50% mobile and 50% desktop.
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).
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).
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)
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.
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.
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.).
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).
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.
Why did the ALS cold water, ice bucket challenge go viral? Secrets revealed.
At this moment, marketers around the world are trying to replicate what has happened with the ALS ice-bucket challenge. See the ALS Association website (news) if you’ve somehow missed this unplanned viral campaign that’s exploding from celebrities and your community.
First some context. Few knew until now, but ALS stands for amyotrophic lateral sclerosis, which is a progressive neurodegenerative disease that affects nerve cells in the brain and the spinal cord. It was brought to attention by major league baseball player Lou Gerhig (whose name is synonymous with the disease). I’m happy for ALS because it’s getting the awareness and discussion otherwise reserved for breast cancer.
Based on my experience as a “Viral Video Genius,” I’ll now outline seven of the reasons this ALS cold-water challenge has caught fire. Let me confess that while I’m thrilled for ALS awareness, I’m also burnt out on the ice-bucket challenge. I kinda throw up in my mouth when I hear “I nominate…” soon followed by a giggling scream. But please feel free to enjoy the blooper reel: ALS ice-bucket fail compilation video I created. It’s been seen about 75,000 times.
I’ve also provided some examples below to underscore my theories, which are, of course, highly credible since I’m a viral author. So now you’ll sound very sophisticated when you analyze the ice-bucket campaign at work, home and with friends.
It’s one-to-one and exponential. Each person names 3 people they know, so if just half (1.5) of those people respond, it spreads extremely quickly. “Tagging” a person in a video has worked before. Remember naked vlog tag from 2008?
It’s charitable not commercial. Of course it doesn’t matter what charity has benefited, because it’s unlikely that the majority of this was motivated by a personal connection to ALS. Charitable efforts go viral because they appeal to our generosity (and our desire for recognition of said generosity). Think about the explosive impact of the Hank and John Green (Vlogbrothers) Project for Awesome. If it was breast cancer, we’d have seen this go further. Of course it can’t work for another charity now. Find something new, folks. Don’t pull a “Livestrong Rip” on this.
It’s time bound. The “24 hour” plea is a vital ingredient. That forces the recipient to act or not act. And guilt prevents the latter. These things need to be fast to work, and we know quickly if it’s a success. Think Kony 2012 (Feb 2012 through April 2012), which lasted about 3 months and was forgotten.
Participation is formulaic. People like to join these types of games if the assignment is easy. That’s why the Harlem Shake took off… it was a very short, simple formula that almost anyone could replicate. Do you remember the Chicken Soup dance? Same idea.
It’s easy. With the proliferation of video-enabled smart phones, no editing is required. That factor isn’t exclusive to this challenge, but certainly enables participation by the unwashed masses (instead of elite web or online-video junkies). It’s like a video meme we can all join.
It’s a visceral, visual stunt. Same idea as Gangnam Style, but you don’t need skills.
We like modest pain. It shows our courage and discipline. Remember the cinnamon challenge? I did a “double dog dare” with eating worms, but it unsurprisingly didn’t catch fire. We seem to have a strange fascination especially with getting iced. But most don’t have the conviction to do the “polar bear plunge.” Although frankly, I’d do the plunge to end this campaign.
There is actually an eighth reason that has something to do with wet t-shirts, but I’m not going to count that one.
In this video, the dancer shows how Happy was almost a shot-by-shot reproduction of Marsen’s 2011 video titled “Girl Walk // All Day.” Her video showing the theft is titled “Pharrell Likes My Work.” But it’s so close, it seems like she has a decent case for copyright infringement. Or at least warrants a public apology or acknowledgement by Pharrell and Yoann Lemoine, the creative director of Happy’s music video.
What does it mean to top YouTubers now that Yahoo, Disney and Google are showing them love? Will we see the online-video landscape resemble network/studio relationships?
It’s a good time to be a YouTuber… or at least own a popular YouTube channel. We’re seeing the online-video landscape mature, and start to resemble how networks and studios connect. The networks (Disney, Yahoo, YouTube) are working with studios (online-video studios and some individual partners/channels) in some interesting ways….
What’s interesting about these big moves is how markedly different this is from the past behavior of these companies.
We saw Disney making some early bets with its own home-grown online-video content. Remember Stage 9?
Yahoo contacted me and other YouTubers around 2008 to discuss potential revenue-sharing deals. They were considering exclusivity at the time, and that’s a deal breaker for YouTubers that won’t give up their primary audience.
And Google? It hasn’t even marketed itself well, much less its partners. And who would ever imagined the tech-engineering company would advertise YouTube partners on TV, print or outdoor? They’re doing it, but you know it pains them.
So what’s all this mean?
These events don’t impact your typical YouTuber, but the winners of the Yahoo/Google efforts will be the YouTube creators with large audience and studio representation by one of the online-video networks. That’s because Yahoo and Google will have to deal with the complexities of Discovery to get to Revision3 content, and Disney to get to Maker channels/creators.
But watch for partnerships between Yahoo and smaller studios like Fullscreen, BigFrame and Collective.
And what about Google’s efforts to promote YouTubers beyond the YouTube regulars? I would expect to see “the rich get richer,” because it’s most likely to promote the proven content with top views. So like a marathon’s second half, we’ll see an increasing distance between the leaders and the rest.
There will surely be some more attempts to lock creators and studios to “exclusive” arrangements, although Yahoo won’t get anywhere requiring that of popular YouTubers. But it makes sense. TV shows don’t get to broadcast on every channel. The networks pick the shows, and promote them to “their” audience. We’ll see that happening with top YouTube channels in coming months and years, which is why YouTube will have to work harder to cultivate relationships and keep stars/channels.
AdWeek reports that Paul Kontonis, former online video producer and agency guy, is heading the new Global Online Video Association (GOVA). Kontonis has been a leader in the online video space from its inception, including such roles as founder of “For Your Imagination,” VP at Digitas’ Third Act, and chairman of International Academy of Web Television.
By day, Kontonis heads sales and strategy for one of the top “multichannel networks” (MCNs) called Collective Digital Studio. GOVA is made up of nine of the top MCNs (also called online-video studios and “new networks”). These include Collective, Maker Studios, Fullscreen, Big Frame, BroadbandTV, DECA, Discovery’s Revision3, Magnet Media and MiTu Networks. Machinima is conspicuously absent, but unlikely for long (it’s quite common for the biggest in an industry to initially think they don’t need an association).
Caveat: I know Kontonis and like him (which is why I am allowed to call him a gavone as a term of respect). He was even in one of my videos where I thought I turned invisible. But I haven’t spoken to him in a while and know nothing directly about his GOVA appointment. So this is all my speculation based on watching this space mature. And I wrote a book, so shut up.
What’s ahead, and what does GOVA mean to the networks and the maturing landscape of online video?
Bargaining Power with YouTube. The online-video networks, or “multichannel networks,” will now have a collective voice they’ll need more in coming years. That’s in part because YouTube, the virtual monopoly on distribution, is increasingly turning its attention to more mainstream studios and traditional networks. As YouTube grows, it will be increasingly difficult for individual studios to command the attention they’ve received in the past. How do we know that? History is the best predictor: Initially top YouTube stars could garner attention from Google and resolve issues. But eventually YouTube creators needed the power of a network. The networks don’t know it yet, but in years ahead they’ll need strength in greater numbers than they have today.
Bumpy Road, Herding Cats. Associations can be tricky, as participants theoretically want a collective voice, but they’re also competing against each other for precious advertising dollars. Kontonis has shown he’s got the diplomacy and persuasion to herd these network cats.
Could Slow Down Acquisitions. In the coming years, we’d expect to see more of these online-video networks get acquired by larger players. Discovery ate Revision3. Google ate Next New Networks. GOVA may give some of these players more time to play independently, if they wish, before the eventual consolidation of traditional and “multichannel” networks in the 2015-2020 period. That doesn’t mean the MCNs will be less attractive to acquiring parties, it just means they won’t be as desperate to be sold. That’s a very good thing for individual creators of these networks. (When they do get acquired, they’ll try to convince you it’s a good thing… but as a loyal WVFF reader you’ll know better).
Developing Emerging Channels to Reduce Dependency on YouTube. As we look beyond YouTube, the major stakeholders are technology companies, advertisers, and content creators. Years ago, an individual studio could negotiate their video content onto new platforms — like we saw Revision3 do with Roku and College Humor do with TiVo. But that will be more difficult as stakes increase and traditional networks start seeing more meaningful “TV dollars” moving to emerging channels. This coordinated approach through GOVA will increase the studio’s voice with new platforms. Watch for GOVA serving a role to keep them “out in front” of new platforms — from Roku to Netflix and Hulu to Amazon. And more importantly, the emerging video distribution platforms we don’t yet see coming. Maybe one day even AppleTV!
Other Boring But Important Crap. GOVA can also help with legislation/regulation, advertising formats, metric standardization, growth of the online-video, and thought leadership. Depending on the issue, they will likely partner and challenge other players like IAB, ComScore, traditional media associations, and marketing agencies.
Four More Years. That’s how long I see this lasting. By 2018, we’d expect GOVA to roll into the Internet Advertising Bureau, IRTS or some other association. But no other association has the knowledge of or focus on this medium.
Bottom Line. Creators and studios need GOVA whether they know it or not. Otherwise the technology platforms and advertisers will set the agenda.
Old Spice’s 2014 Superbowl ad shows moms singing and stalking their sons
Mother’s everywhere are mourning the loss of their young boys as they become a man. And in this Old Spice “Mom Song” commercial, they’re singing as they stalking their children, clutching to their cars while riding laundry bins, and showing up in odd places like beaches and cafeteria
A superbowl commercial website is calling this ad creepy, but it’s absolutely my favorite Old Spice ad since Mustafa’s “this is what your man could smell like” viral hits of 2009 and 2010. I hope the agency (still Wieden and Kennedy) runs it on the 2014 Superbowl. There’s a also a shorter alternative with a woman popping her head from a bowling ball machine.
My day job, when not a Viral Video Genius, is insights strategy at an advertising agency (which works in healthcare and has nothing to do with this spot). I’ve worked with P&G but not in many years.
So I like to try to imagine what “insights” drove this campaign. Here’s my guess:
Guys are sold on Old Spice. But moms are buying Old Spice — especially for young teens.
Moms see Old Spice as a brand for grownups, and they’re reluctant to let go of their boys.
Moms don’t want to be sold Old Spice or told they’re clingy.
So the creative challenge was likely to win over moms by satirizing the clingy mom who won’t let their kids grow up. “You, dear shopper, do not look like Arnold in drag in Total Recall.”
Note what the spot doesn’t do: it’s not telling moms to “let go,” or “buy Old Spice to help them get the girls,” which would have the opposite of the desired effect. This just in: seems I called it right according to this AdAge piece that attributes the song to musical agency “Walker.”
What ya think? Love it like me? Freaked by it? Think it will work?
I didn’t care much when some of the online video sites retired “consumer generated” accounts, and killed my Nalts channels. Metacafe, Revver, Yahoo video, Google video. But I’ve been rooting for the Blip.tv underdog since its infancy. So when I learned today they deleted my account, I felt totally betrayed.
Blip.tv is now owned by Internet studio, Maker. They’ve never much liked me, unfortunately.
Unfortunately many of my Blip.tv videos are gone for good… not uploaded to other video-sharing sites and not backed up. Whey they began killing some accounts I wasn’t surprised. I expected some of my secondary “staging” accounts at Blip.tv to go away, so I backed them up. But didn’t expect they’d kill my Nalts one. 🙁
Part of my Internet youth died today. Not since Revver closed shop has the internet made me so sad.
Here’s everything you wanted to know about YouTube in 2012 courtesy of James Wedmore. Examples:
76% of marketers plan on increasing their use of YouTube and video marketing …making it the top marketing strategy to invest in for 2012.
YouTube is STILL
…the 3rd most visited website in the world
…the 2nd Largest Search Engine in the World
…the world’s largest video sharing platform
over 800 million monthly unique viewers worldwide
YouTube Receives over 4 Billion Video Views Daily
In 2011, YouTube had over one TRILLION total views
That’s over 140 views for every man woman and child on earth.
TopRank finds that online video is expected to grow 55% this year and is the top format for content marketing. With a 41% higher click-through rate than plain text, video is predicted to reach 90% of all web traffic by the year 2014
I’ve had a few requests from readers/viewers to clarify YouTube’s evolving Partnership program, and help “up and coming” YouTube creators understand how to make money via video. As always, I’d caution YouTube video creators to keep realistic expectations on earnings– right now there are hundreds of YouTubers earning six-figure income from YouTube. But the majority are earning small amounts, and the driver is daily/monthly views.
Below is some information about the evolving YouTube Partnership, and 9 additional ways to make money via video.
A YouTuber can expect to make anywhere from 50 cents to $5 on every 1,000 views. So a channel getting 1,000 views per month can maybe cover a cup of coffee. The bigger YouTubers like RayWilliamJohnson are making anywhere from $500K to $4 million a year (SocialBlade), and I’d guess it’s around $2 million. It’s a steep pyramid, folks.
So here are the ways to become a YouTube Partner, where you’re eligible for “revenue sharing” on your videos. Ads appear before and around your videos, and Google shares a percent (roughly 40% of what advertisers pay for those ads).
Sign up to become a Partner on YouTube. Unlike previous years, most are granted Partnership (including my dog, FreddieNalts). In truth, this isn’t a full Partnership as we previously knew it. You’ll make a smaller amount of money because the ads are not exactly premium. YouTube has effectively changed the name of “monetize your videos” to Partner.
If you’re getting tens of thousands of views per month, you could approach an Online Video Studio (OVS) to come a full-fledged Partner with advanced branding. You’ll need to share a percent of your earnings with the studio, but you’ll get some help resolving issues, and potentially some help building an audience. This type of Partnership also allows creators to customize their channel page and put a small icon over the videos that appear on “watch page.” This used to be available directly via YouTube, but YouTube is increasingly encouraging intermediaries to handle this process… remember Google doesn’t like to deal with people. It’s a technology firm, and isn’t resourced to provide personal attention to millions of YouTube creators. So becoming a full Partner can be accomplished broadly in two ways. First, you can sign with an “Online Video Studio” (OVS). In that post about web studios, I neglected to mention The Collective, which has helped a couple YouTubers (Fred, Annoying Orange) cross over to television.
Finally for smaller YouTubers, there’s another option I discovered via Jason Urgo last night. Urgo/SocialBlade is helping smaller YouTubers (maybe 1,000 views per month) you can apply to become a Partner via Maker’s RPM Networks. The result is similar to option #2 but the bar is lower.
Don’t think of YouTube ad revenue as your only source of income for video creation. Here are 9 other options for making money via online video:
Create Commercials. If you’re talented and have high production capabilities (but don’t have an audience), you might join Poptent and create videos and commercials for brands… you’re not guaranteed to be compensated, but if a brand selects your video, you can make $5 or $10K.
BYOS. If you have a large audience, you can pursue your own sponsor (bring your own sponsor- BYOS). Just call a company and see if they’ll pay for a custom video or some product placement. These are easier to get if you’re in a web studio/OVS.
Get Free Loot. Call a company and see if they’ll send you free loot in exchange for your mentioning them. It’s not easy to find the right person, but I’ve been surprised how receptive companies are. They often have programs to reach online influencers, and if you have a decent audience… that includes you.
Sell Your Stuff. This DailyFinance reminds us that artists can sell their stuff via video. Got something on eBay? You could mention it in a video, and see if you can get the video SEO-optimized so it might appear via a Google search.
Sell your videos if you think there’s a market for them. Learn more here. I believe you need a Partners account to do this, and I wouldn’t count on this tool. Most people don’t purchase amateur video content, unless you count porn or Louis CK. I suppose there’s some “how to” video that’s worth buying, but I don’t see this as being lucrative.
Drive to Website: you can try driving traffic off YouTube onto a website that allows you to sell loads of additional advertisements/sponsorships. It’s difficult to get people to follow a link of YouTube, and I’d estimate low single-digit numbers (depending on the reason). But Smosh’s “Smosh Pit” is a nice example of how YouTubers have created adjunct websites where additional monetization is possible.
Affiliate Links: If you’re really cheesy, you can try making videos an inserting affiliate links into the description. I’ve never seemed to make anything notable via affiliate links on my blog and in a few links from a video.
Merchandise: CafePress and other sites allow you to create your own branded merchandise and sell it to viewers. I think I’ve sold max. a dozen things on CafePress, but I haven’t put much effort into it.
Get Rich Quick: Try one of the bullshit “get rich quick” schemes. Good luck.