The rise of online video advertising
It was not so long ago that getting your message out to the masses via video meant having to purchase an advertising spot on TV. That was not exactly the best option for small businesses, as the costs of doing so were prohibitive to most. The only small businesses that actually made it on TV did so on small niche channels or in the early hours of the morning where their reach was not optimal. However, things have changed significantly. The internet has gradually leveled the playing field when it comes to video advertising. YouTube and many other video sites have made it easier for businesses to display their video ads without having to invest a fortune in production costs and air time. Let us look at some more of the advantages of online video advertising:
Decline in programmed TV
Viewers want to be in control. Watch what they want and when they want. More and more TV viewers are either binge-watching their favorite shows on subscription services like Netflix, Hulu, or are using a DVR to record shows. When they do the latter, they tend to skip through the ads. On a video site like YouTube, the viewer has to often watch an ad before getting to the content they want to see. There might be more than one ad for a longer video. The convenience of watching online TV and shows on any device anytime still win in the end.
Picking your Audience
When you run a traditional TV advertising campaign, you are basically showing your message to a very broad audience and not sure how much it sticks. If you create an online video that is being shown on selected social media sites with advanced ad targeting
criteria like keyword targeting, you can be sure that the people who view them are those who are genuinely interested in what you have to offer.
The average TV ad lasts about 30 seconds, which is often not long enough to get your point across. This is why some advertisers now leave the ad open-ended, directing viewers to visit a website for more information or for a longer version. This is a truly effective way to advertise and engage potential buyers.
Ask the average person what they want from an ad, and most will tell you that they want to learn something rather than listen to a hard sell. With that extra time, you can create how to, instructional videos that serve as advertising as much as informing the viewer.
Modern televisions now have "smart" capabilities that allow viewers to use apps like YouTube on the TV. They can browse and choose the videos they want to watch along with the video ads. This is where instructional videos that show how to use your products can really be great for your business. Consumers can watch when they have the time, and will actually absorb what they are seeing, as opposed to shutting it out like they do with traditional TV spots.
- Benefits of online video advertising over traditional TV advertising
"Video has always been a great way to advertise your products or services. However, TV spots are often out of reach for small businesses looking to get a significant media exposure. " More
- What makes online video advertising attractive?
"There are all kinds of different methods of marketing and advertising used in the digital age, yet it is video that is fast becoming one of the most popular formats. It would be easy to say that the rise of YouTube has a lot to do with that, but there is actually more to the video age than meets the eye. " More
- What do the best video ads have in common?
"If you spend any amount of time online, you know that video ads are now a regular part of internet browsing. It is the movement and sound of a video that often makes people take notice in a way that they would not have if the ads were static. " More
- How to create effective video ads
"It is not surprising to see ComScore reports showing monthly figures of the unstoppable growth of online content video views. Coupled with the fact that online video ads cost a fraction of that of TV ads, the growth of online video ads continues to boom. " More