Internet+Video+Shorts

media type="youtube" key="9rL0IyqJrvE" height="234" width="281"toc

=Internet Video Shorts as Advertisements- An Enlightenment. = = = 


 Internet video sharing sites, such as Youtube and Break.com, have recently exploded with popularity and, thus, so have the internet video short advertising opportunities associated with them.** As of June 2007, there are over 1 billion internet users. ** ** And according to youtubeadvertising.org, “11.5% of internet users visit YouTube, which equals a total of 124,190,000 YouTube users.” **According to labnol.org, “More content has been uploaded to YouTube in the past two months than if ABC/NBC/CBS had been airing new content since 1948.” And on the contrary, “Traditional advertising is in steep decline.” There are two main types of internet video short advertisements; In-stream and Out-of-stream. In-stream video advertisements are played while another video is playing. They can air before the video, during the video, or after the video; Pre-roll, Mid-roll, and Post-roll, respectively. The video spots are normally either 15 or 30 seconds long. Pre-roll is the most commonly used. Out-of-stream ads include Roll-overs, In-banner, and In-text. Many agencies package video ads with a companion ad, usually a banner, on the same page.


 Internet video short advertising has many advantages in this rapidly-evolving, digital world of ours. The audience is composed of active viewers who voluntarily respond to advertising. Furthermore, internet users are more likely to watch videos than they are to read copy. Realseo.com says, “Internet video short advertising is 4-7 times more effective than banner advertising and currently only costs 2-3 times more… bargain.” By utilizing tags and keywords, advertisers can attach their ads to the most relevant videos linked to the product. The bottom line, as said in the overview, is that watching internet video on media sharing sites are becoming extremely popular, which makes the video advertisements attached to them a heavily viewed venue.


 The first, and foremost, limitation of internet video advertising is that not everyone has the internet. In the past this has been more severe, but currently over 1 billion people use the internet and that number is steadily growing. Video ads also tend to annoy the viewer. Advertisers are trying to limit this annoyance by using Pre-roll ads, which play before the video and are of little annoyance to the viewer. “The similarity of pre-rolls to television commercials is part of the appeal to advertisers, some of whom are looking for the easiest way to shift ad spending from television to online,” says Douglas Macmillan, Businessweek Online. Also, internet video advertisements typically are not of high production quality and, going back to the annoyance factor, may clutter the webpage and make navigation problematic. Ad-blocker programs developed to block internet advertising of all forms have raised barriers against internet video short advertising, as well. Finally, internet video shorts cannot deliver rapid results. The process of awareness takes place gradually, but in the end, is very effective.


 “On average, User-generated video advertising costs $15CPM, Short-clip advertising costs $30CPM, and Long-form video advertising costs $40CPM. These rates are currently very low when compared to other forms of internet advertising, and especially, when compared to traditional forms of advertising,” according to Reelseo.com.


 An internet video short advertisement’s reach and frequency are monitored in a different ways than when using stone-age advertising. “Reach is no longer as relevant as it used to be. The audience content of a site has become more important.” When measuring reach, it is not determined by the actual number of people reached, but by the number of people that a website can potentially reach, which makes large websites, like google, more attractive to advertisers. Frequency has increased; one exposure per ad has become five exposures per ad. An increase in frequency is sometimes a negative influence on an ads success, but that’s not the case with internet video short advertising. Advertising on a website that 1 million people visit once is not as attractive as a website that 100,000 people visit ten times.


 Internet video short advertising schedules are normally custom- tailored to the client’s needs, based on budget, reach & frequency requirements, and target audience.


<span style="font-family: Tahoma,Geneva,sans-serif;"> Internet video viewers are likely to do the most internet buying. This holds true across all product/service categories. When considering the purchase process, as a whole, the internet greatly dominates all other forms of media. According to a survey done by online-publishers.org, “48% of people say that the internet is the most influential in initial awareness, 55% say that the internet is most influential in deciding where to buy, and 56% of the sample said that the internet is most influential in the ultimate purchase decision.” The internet’s dominance over other media extends across all product/service categories. Online-publishers.org says, “51% of the sample said that the internet was the most powerful influence over travel-related purchases, 42% said the same about automotive- related purchases, 41% said the same about entertainment-related purchases, and 40% said the same about clothing, footwear, and jewelry-related purchases.”

<span style="font-family: Tahoma,Geneva,sans-serif;">
<span style="font-family: Tahoma,Geneva,sans-serif;"> The internet video short advertising audience is a very diverse one, but a very responsive one. The main idea to keep in mind when targeting these folks is that they are generally impatient. The average household income for internet users is $59k, which is above the U.S. average of $46k. 40% of internet users view online videos daily; 70% view weekly. Most of them are young, male, and //affluent//. “You will have an active audience that will watch your ads by choice, unlike the passive TV audience that watch the ads ** by obligation,” says youtubeadvertising.org. **

Types of internet videos that viewers watch daily: <span style="font-family: Tahoma,Geneva,sans-serif;">// Percentages obtained from Online-Publishers.org //
 * <span style="font-family: Tahoma,Geneva,sans-serif;">14% watch news-related videos
 * <span style="font-family: Tahoma,Geneva,sans-serif;">9% watch funny videos.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">7% watch sports highlights.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">6% watch TV shows.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">5% watch movie trailers.

Means by which internet videos are reached: <span style="font-family: Tahoma,Geneva,sans-serif;">// Percentages according to Online-Publishers.org //
 * <span style="font-family: Tahoma,Geneva,sans-serif;">44% of internet users discover videos randomly.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">43% specifically seek out videos.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">43% are accessed through links in e-mails from family, friends, colleagues, etc.

Finally, users of mobile devices, such as iPhones and Blackberries, have rapidly begun to join the audience of internet video short advertising. This is significant because, according to usatoday.com, “The number of people who use social networks from their smartphones skyrocketed 187%, to 18.3 million unique users, in July, compared with the same month a year earlier.” Online-publishers.org says, “41% of users say that they view internet video on their devices, weekly; 12% say that they view internet video on their device, weekly.”

<span style="font-family: Tahoma,Geneva,sans-serif;">
<span style="font-family: Tahoma,Geneva,sans-serif;"> To maximize the responsiveness of an audience to internet video short advertising, the content of the ad must match, or at least, pertain to, the content of the video. Overall, 80% of people who encounter an ad actually view it. Online-publishers.org says, “20% of people who view ad take some sort of actions and 16% actually buy something.”

Types of action taken: <span style="font-family: Tahoma,Geneva,sans-serif;">// Percentages obtained from Online-Publishers.org //
 * <span style="font-family: Tahoma,Geneva,sans-serif;">31% of people who took action checked out the company website.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">15% of people went to the store to check out the product.

Users are also more likely to respond to online video short advertisements on media websites. Online-publishers.org said, “The highest response rates came from magazine websites; 45%, and user-generated content sites; 35%.”

<span style="font-family: Tahoma,Geneva,sans-serif;">Other Interesting Qualities:

 * <span style="font-family: Tahoma,Geneva,sans-serif;">“Internet video short advertisements can be placed after a competitor’s ad to take advantage of competition,” says tercercirculoabuelos.org.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">Comment boxes allow for immediate feedback from viewers.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">Client testimonials generally work well for this type of advertising.

<span style="font-family: Tahoma,Geneva,sans-serif;">
<span style="font-family: Tahoma,Geneva,sans-serif;"> There are many, many online advertising agencies that deal with internet video short advertising. The following ten agencies are only a small fraction of what is actually out there at the client’s disposal: <span style="font-family: Tahoma,Geneva,sans-serif;">// Company information obtained from Mashable.com //
 * <span style="font-family: Tahoma,Geneva,sans-serif;">__BrightRoll__- Offers Pre-roll and Mid-roll; focuses on keywords; claims to be fastest-growing video advertising company with 800 million ads served.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">__VideoEgg__- Uses “ticker” in videos if person wants to learn more; less intrusive optional ads; 15 million videos per day.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">__Advertising.com__- AOL’s advertising network; pre-roll and in- banner.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">__Roo__- Licenses videos and sells advertising across networks; Pre-roll based on demographics and user interests.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">__ClipSyndicate__- Same concept as Roo; 15- second pre-rolls.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">__BrightCove__- Uses combines video commercials and banner ads, video overlay, or player takeover.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">__Broadband Enterprises__- Video network; more than 450 publishers including FOX; mainly pre-roll.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">__ValueClick__- Largest independent ad network; “In stream” ads are pre- and post- roll; banner ads added, as well.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">__AdBrite__- Recently launched InVideo, it’s own video player and ad network; split screen- ads and video play at once; allows clients to watermark video.
 * <span style="font-family: Tahoma,Geneva,sans-serif;">__Adap.tv__- Pre- and post- roll adds; places relevant text ads along with video.

<span style="font-family: Tahoma,Geneva,sans-serif;">
<span style="font-family: Tahoma,Geneva,sans-serif;"> MacMillan, D. (2009). What Works in online video advertising.. //Businessweek Online//, Retrieved from [] Ostrow, A. (2007, September 23). //10 online video ad competitors compared//. Retrieved from [] <span style="font-family: Tahoma,Geneva,sans-serif;">Meares, W. (2009, October 29). //Internet video advertising- a vital part of search opimization//. Retrieved from [] Ostrow, A. (2007, September 23). //10 online video ad competitors compared//. Retrieved from [] <span style="font-family: Tahoma,Geneva,sans-serif;"> Robertson, M.R. (2008, September 28). //Online video advetising rates- current a bargain for advertisers//. Retrieved from [] Swartz, J. (2009, October 21). //Marketers salivating over smartphone potential//. Retrieved from [] (2009, September 17). //Interesting facts about the internet and social web.//. Retrieved from [] (2009, October 29). //Frames of reference: online video advertising, content and consumer behavior.//. Retrieved from [] (2009, October 29). //There are 124 million reasons to use our youtube advertising services 124 million users visit youtube every month.//. Retrieved from [|http://www.youtubeadvertising.org]