The Initial Forcast for Online Videos in 2009

How hot will online video be in 2009?
Everyone is talking about rich media, specifically online video. But is online video a good bet for marketers? According to one forecast online video will be very hot in 2009 as more marketers push to meet the demand of consumer interest.
by Kristina Knight

According to a recent survey from PermissionTV.com about 67% of marketing respondents report they will focus on online video through 2009 rather than social marketing (41%), search (34%) or pod/webcasts (32%). Also, about half report they will begin some kind of online video project.

What are marketers most interested in? Just over 60% report an interest in having their own branded content/video destination, more interactive experiences for consumers (38%) and simply syndication (22%).

“As corporate and brand marketers look to evaluate and improve the effectiveness of digital marketing initiatives, online video will play an increasingly critical role in all interactive campaigns,” said Matt Kaplan, VP of Solutions and Chief Strategy Officer of PermissionTV. “These survey results demonstrate the strategic importance of online video in the overall marketing mix, as well a growing requirement for more sophisticated video experiences.”

According to a recent comScore report US consumers viewed more than 12 billion online videos in December 2008; that is an increase of more than 30% year over year.

Coca-Cola……..Coke Creatures Commercial

Now do you want to drink Coke or just dance around with little furry creatures? Because they look fun too!

The Start of Video Branding

Online Video Changes Game For Brand Marketers

by Jeff Whatcott

Two years ago when online video burst onto the scene, the growth engine behind it was centered on consumer-driven uploading and sharing of video clips. At the time, commercial media companies were trying to take advantage of the migration of audiences to the Web and also open up new revenue streams through online video advertising.

Today, the growth engine behind online video has shifted dramatically. Video has expanded well beyond the media industry and into nearly every corner of the professional Web, as corporations, governments, non-profits and educational institutions look to use video as a cornerstone of how they communicate, market and inform on the Web.

With the explosion of online video adoption in the last two years, savvy marketers are now using video across their business to help build their online community, evangelize their products and engage directly with customers. The following examples are all our clients, but the video trend applies across many industries.

Building a community

Sun Microsystems leverages online video to help build community interactions and enhance the online experience of its developers, customers, partners, students and employees. The company uses online video extensively for product education, corporate communications and product launches through Channel Sun, its newest multimedia online experience. Community members and visitors to the site have on-demand access to a large library of video content, as well as the ability to comment on and rate the content to help foster ongoing engagement and interaction.

Evangelize your product

Serena Software recognized early on in the Web 2.0 era that video was a powerful force in promoting its brand and reaching customers directly. When Serena launched its “JUST @#$% IT!” campaign, the main video was placed on YouTube as a teaser to drive traffic back to the full campaign on MashupTV>, where users could not only watch the video, but download free whitepapers and free trial software. The campaign drove thousands of viewers to the MashupTV site and tripled overall Web traffic to Serena’s corporate site.

Boost customer engagement

Other companies like the San Diego Zoo and Kohler have launched online video initiatives to engage with customers in a more visual, impactful way. San Diego Zoo has the benefit of adorable, newborn animals to make its content compelling, but its videos also offer a detailed view of the conservation work zoo researchers are conducting to save endangered species in the wild and on-grounds.

Kohler has launched a comprehensive online video initiative to educate consumers on its range of products. This has proven to be extremely effective, as consumers making high-consideration purchases value the opportunity to see the product in action online. This can be accomplished more effectively through the use of video versus static images and text.

Online video has certainly become a powerful tool for marketers to expand their brand presence and reach customers and prospects in a new way. These companies recognize that when it is done effectively, video can be a major force in opening direct-to-consumer communications.

How far would YOU go for your car?

Would you kill for a Mercedes…?

What a dirty mouth!

Orbitz is so much MORE than gum!

More people are watching!

ONLINE VIDEO BRANDING IS ON THE RISE!

WHAT ARE THE FACTS?

According to former CEO of About.com Bill Day, “That online video advertising is projected to become a $4-5b industry over the next couple of years is not surprising. It reflects the changing media landscape and uniquely melds the successes of what has worked well for 50 years offline with what makes the Internet so special and effective.”

“With 77% of U.S. Internet users watching online video and 43% viewing weekly, the medium has hit critical mass, according to a new study by Frank N. Magid Associates.

Research commissioned by Metacafe also found that more than one-third — 37% — of consumers who watch professionally produced video clips online found them equally or more entertaining than watching full-length shows on their TV sets.

When it comes to advertising in online video, people expressed more receptivity than might be expected. More than half — 52% — found ads in video as or more acceptable than ads in TV shows. 20% found them unacceptable, and 28% weren’t sure.

Gartner Research last year estimated that the “protail video” market of higher-quality niche content found on sites like YouTube and Metacafe would reach $75 million in 2008 and hit $1.5 billion by 2012. Key to such growth is establishing “clean, well-lit” places for both advertisers and consumers, according to Gartner.”

Got strong bones?

These elderly men give us another reason to love milk.

I won’t do THAT!

How much do YOU like McDonald’s fries?

Cable companies realize new popularity of online videos

If you’re reading this, you probably appreciate the incredible value of the internet. After all, that’s how this awesome medium called a blog is even possible! The latest and incredibly popular use for the internet is creating videos and posting them on a site for widespread viewing. More and more people are creating homemade videos, hiring companies like us to create marketing videos, or watching these videos online.

According to a recent Star Tribune article, “those who surf the Web know that guys getting hit in the crotch, cats playing pianos, misfits warbling off-key tunes, roommates pulling practical jokes, bitter ex-wives ranting from their kitchen, brothers poking each other with cattle prods and more guys getting hit in the crotch are more sought after than a downloaded rerun of ‘My Wife and Kids.’”

Instead of fighting the trend, some cable executives are eager to embrace it, especially since a show that revolves around viral video costs less than the catering bill for the cast of ‘Lost’ and has the potential to reach an audience that normally treats mainstream television as their grandparents’ folly.

‘A guy in his bedroom is going to relate to someone who has made a video in his bedroom, not a guy with a million dollars to spend,’ said ‘Web Soup’ host Chris Hardwick, one of TV’s ‘webslingers,’ comics who introduce the shorts and then snicker about them like kids cracking wise in the back row of sex-ed class.”

A lesson on brand image

This Hotels.com commercial had the worst timing and just goes to show how a company’s actions can affect the public’s trust in their brand.