From TV to Online Video
There’s been a big effort to make online video ads successful, everyone from Hulu to VivaKi is trying to figure out which format will work. But does the format really matter? Or is it more about what kind of experience the viewer has when interacting with the ad?
Instead of re-purposing original TV ads, advertisers should be modifying that content to fit the online realm by engaging the viewer. A recent Forrester report states that people find conversational ads to be more effective and recommends that marketers integrate ads that ask for customer feedback to optimize.
Read our CEO Naj’s article, Catering TV Advertising Content to Online Campaigns, which appeared in AdAge’s Digital NEXT last week. He talks about how advertisers can edit TV content for online using different technologies that help online campaigns become successfully interactive with customers.
Tags: AdAge, Advertising, Byline, Technology, TV
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A New, Personal Touch for Advertising Online
Last week, our CEO Naj Kidwai appeared on RSS Ray’s podcast radio show, aired on wsRadio.
RSS Ray looked to Naj as an authority on personalized video and its role in online advertising. The interview discussed a range of topics around personalized video, mainly what personalized video is, how it differs from standard online video and how companies can go about delivering personalized video to online audiences.
| Have a listen to the full discussion here. |
Radio Interview
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To prepare listeners for the podcast, Naj also wrote a post for the RSS Ray blog, which goes into increasing engagement through personalized video. Everyone talks about “engagement,” but not about tactics used to increase it, especially in the area of online video. Advertisers and marketers are constantly trying to capture their audience’s attention with the same static video, and it’s not working. The industry needs to take a new approach to reaching engagement, and the answer is through creating personalized video content that the viewer automatically reacts to.
Read Naj’s whole post here.
Tags: Advertising, Byline, Engagement, Personalization, Real Time Content, RSS Ray, Video
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What’s the Matter with CPMs? A Lot.
I think that we can all accept and agree that online video ad spending will grow, even with the current economic state. Advertising in general has taken a hit, but rich media ads show extreme promise. For instance, eMarketer predicted that video ad spend will increase 45% in 2009 .
Online video has the ad spend, but not the model. Currently, the industry is using the same, traditional cost per thousand impressions (CPM) model that’s used for TV for online video. The problem is that CPMs don’t work because the digital space is completely different from television. Since content is consumed differently, advertisers need to measure the performance of online ads by just that – performance.
There isn’t an industry standard yet, but advertisers are starting to get the clue that the CPM metric is inefficient and that ROI depends on shifting to a performance-based pricing (PBP) model.
In an iMediaConnection article , Real Time Content CEO Naj Kidwai discusses this shift and how advertisers can take advantage of it. iMediaConnection boiled it down to 3 major take aways, which they list at the top:
* The CPM model doesn’t translate to online video
* Video ads can be developed with thousands of variations to encourage engagement
* Performance-based pricing brings more value to the advertiser and rewards the vendor
Read Naj’s entire article in iMediaConnection here .
Tags: Byline, eMarketer, iMediaConnection, Pricing, Reporting, Video
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Getting Personal with Web Video Campaigns
Let’s admit it, the Web video space is hot. Brands, publishers and their agencies all want a piece of the pie, but many are taking the easy way to video, using old models that were built on TV standards over 50 years ago. New approaches to creative need to be taken in order to avoid mass-targeting consumers with a one-size-fits-all video.
What if agencies could involve the consumer in the creation of the ad, showing them content that they really want to see?
Real Time Content CEO Naj Kidwai addressed the question this month in Ad Age’s Web Video Report. In his article, “Getting Personal with Web Video Campaigns“, Naj describes the personalized video campaign production process and how it can help companies better engage their audiences.
Personalization and interactivity for the individual lies at the heart of what personalized video ads are. The industry is clearly heading in this direction. A PermissionTV 2008 Digital Marketing Survey released in December showed nearly 60 percent of respondents consider interactive video experiences to be the next evolution for online video.
Tags: AdAge, Advertising, Byline, Personalization, Video
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The New Age of Personalization
When brands and agencies hear the word personalization, many still cringe with thoughts from the last technology boom that claimed to have the answers in delivering more relevant and effective marketing capabilities. No longer does personalization have to be equated to bad a memory because there are new market opportunities with the continued growth of the online video industry.
Of course, nothing is perfect and the online video industry is no exception. As an industry that’s still growing we’re still figuring out the best means of targeting and reaching online audiences. Using personalization techniques give brands the means to intimately engage with the consumer and deliver a more relevant message. Our CEO Naj Kidwai recently published an article in Advertising Age, “The New Age of Personalization” / (copy of the article on our web-site) that offers a deeper dive into the benefits of personalization in online video today.
It’s not a novel concept to target consumers based on what they’re interested in, but through Real Time Content’s new platform which offers segmented tagging within video, brands can target audiences by changing characters, the call the action, geography, etc. We’re taking the logistics out of the equation and focusing on what will resonate with the customer best by focusing our efforts on the delivery of the message to the individual through personalization.
Tags: AdAge, Byline, Personalization, Video
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