Video Advertising cuts her own umbilical cord to hit Jackpot

It is the child of television and internet marketing, but surpasses either parent in ways that are sometimes surprising. Welcome to Video Advertising.

According to Comscore, 140 + American consumers tuned to “online videos” in 2009, multiplying the consumer base by 700 %. Average monthly consumption rose from 6 to10 hours, with more than 26 billion views on a given month. The facts about growing usage actually understate the promise of online video advertising.

	Television Advertising	Online Video Advertising
Brand Awareness	54% brand awareness	82 % brand awareness
Brand Recall	19 % brand recall	77 % brand recall
Consumer Purchase Intent	Consumers fast-forward advertisement (DVR) or go on snack/ restroom break.	40 – 55% consumers watch complete video promotion

So, what does this mean for Businesses & Internet Marketing?
According to video marketing expert, Bob Clarke, “it is very difficult to establish trust through written words. People will trust you more if they have a face and voice to associate with your name.” While this new marketing channel shows greater promise for consumer purchase, what unique attributes does online video advertising reveal?

• Online video ads are short and mandatory. Some videos allow fast-forwarding promotions post 10 seconds, allowing a business to create a basic brand imprint within the consumer’s brain.
• Video advertising allows immediate, “call to action” such as “click here to receive 20% off your next purchase”.
• The advent of internet marketing has created a whole new realm of targeted consumer behavior analysis & advertising, which allows businesses the ability capture demographic data and cater their promotions to specific consumer groups.
• Social Media Marketing in tangent with Video Advertising takes brand exposure to a whole new level. The “click here to post video on profile” transformed the traditional “word of mouth” in ways that words cannot express.

Research firm e-Marketer projects 35 to 45 percent growth for online video advertising for each of the next five years. This simply means that businesses have a brand new internet marketing channel that they must consider in their upcoming budgets.

By Bruce Lacey

“A 2.5 hour interactive training, Digital Promotions Strategy, beginning in January and based in New York City, is the first of its kind to incorporate the entire spectrum of creating, engaging & expanding a business’ online network. Extracted from online scientific principles, the live seminar will provide business professionals the knowledge, structure, and tools to track consumer behavior & campaign effectiveness – an internet marketing strategy that will give attendees the confidence to manage their online marketing in-house.

The seminar follows the life cycle of creating a convincing online presence, while identifying the key components of branding, drawing an audience to a firm’s online portal, engaging an established network through viral promotions, and expanding consumer base through extensive internet marketing campaigns.”