Archive for the 'The Future of Corporate Video' Category

5 Reasons You Should Post Your Marketing Video on YouTube

Happy Birthday YouTube.

The LA times just posted a recent article that highlights YouTube’s meteoric rise over the last five years.  Google’s $ 1.6 billion purchase of the site in 2006 is still being debated but few people are betting against Google eventually turning YouTube into yet another money making machine.

All hype and controversy aside, YouTube’s numbers are impressive:

85% online video market share in the US
#4 site globally in terms of overall traffic
#2 site globally for search
20 hours of video uploaded every minute
5 Billion video streams a month
#2 time suck behind network television
…etc.

The folks at ReelSEO posted a great article in the fall that compared the options of ‘Hosting’ your video versus ‘Posting’ (placing it on a free hosting site like YouTube) and considered nineteen variables that should influence your decision. Their conclusion: “Unless your business is dependent on monetization of content (you are Hulu), chances are that the odds will be in favour of posting video.

The biggest complaint about YouTube is that it is a big messy sandbox where you can’t control how your video is being presented. That’s true, but it’s important to remember that YouTube is more than just a place to post your video for free – it’s also a marketing platform. Here are five reasons why you should place your marketing video on YouTube (regardless of whether you also host them on your own site):

1. Sharing
Yes, you do lose some control over how your video is presented on YouTube, that’s the down-side of social media – the single biggest issue for companies deciding if and how to engage the great social media experiment. The upside however is huge. YouTube was built for the express purpose of sharing. The reality is that your website isn’t as important as it used to be – it’s no longer the exclusive or final ‘destination’ for all things about your products and your brand. More than ever people are discovering content wherever they happen to be (physically or virtually). You need to create content that is intended to be shared and consumed in many different ways and YouTube is the world’s biggest content bizarre – open 24/7.

2. SEO
Google is prioritizing video in it’s universal search algorithm. Every SEO article I read tells me that Google is explicitly looking for video content. Does Google have a bias toward video on it’s own website? It’s hard to say but you know that Google is certainly aware of it’s own video and is reading the meta data that you have tagged on your YouTube channel. Ideally, if you have a video sitemap on your website with proper mRSS feed Google should be able to find and promote your video as well. Why not do both? As well, you benefit from metatagging your video content on YouTube and linking back to your own website to help improve your site’s pagerank.

3. Content marketing and getting noticed
Content marketing will have the greatest potential to influence your brand in the future. Traditional marketers will argue that it’s a waste of time to place their videos on YouTube because no one is looking for them and no one is going to find them. That’s true. No one is looking for your traditional marketing video because it talks about you and your products and no one cares much about you or your products. If instead, you post a really informative video that solves a specific problem that your customers are facing your video will not only get found, it will get shared. ‘Yes, but we can’t just give stuff away,” you might respond. If you don’t someone else is going to.

4. Reach.
The long tail gets longer every day. YouTube has the greatest reach in the world (thanks to Google). Your audience may be huge or it may be very, very small. It doesn’t matter. There is no more cost effective way to reach your potential audience than on YouTube. Sure, the person typing in “Lolcats” into YouTube is not your customer, but the person typing in “North East Bolivian Pitted Kumquat Ripple Delight” just may be. Your customer may not frequent YouTube but I would bet that someone who knows and is trusted by your customer does.

5. It’s free.
Chris Anderson explains in his new book ‘Free – The Future of a Radical Price’ (a great read btw) that free is the inevitable price for many things online – you just have to figure out something else to charge for. Free doesn’t necessarily mean cheap either. YouTube continues to upgrade it’s service every month with things like better support for HD video, interactivity, metrics, mobile integration (i.e. the only easy way to get video on an iPhone at the moment) etc.

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7 reasons why web video should be a top marketing priority for 2010.

The majority of the content, information and entertainment that we consume in the future will be delivered on a wirelessly (or wired) connected screen. Television networks won’t tell us when we have to consume content and we won’t have to cut down trees in order to be able to read our favorite publications. Even billboards and posters will be connected to the internet. And all of these screens will be smart devices that deliver contextually relevant content when and where you want it. The Internet will be everywhere and video and video marketing will play a dominant role in the next phase of its evolution.

So how do you convince your boss or CEO to consider using web video to promote your company? You first have to consider different use cases for video and decide which one best suits your business objectives. Here are 42 possibilities to get you started. The next step is to develop the business case as to how one of these video formats can help you improve your bottom line. To help you in that process I offer the following seven reasons to suggest to your boss why video should be a top marketing priority for 2010:

1. BETTER ROI
Adding video to your online marketing campaign can significantly improve your results.  In a recent study by Eyeblaster of online advertising campaigns, video increased dwell rate on ads by 20% and dwell time by %100.  Another study by dynamic logic also indicated significant improvements in brand favorability, aided brand awareness and purchase intent of rich media ads with video compared to traditional static display ads.

2. TRACTION
comScore
released  web video consumption results in September, 09 which indicated that 85% of people online consumed an average of 10 hours of video a month online. That number continues to grow every month. 26 Billion videos were consumed in September in the US. Video has taken root on the internet to the point where visitors to websites are now looking for video content first.

3. ENGAGEMENT
Video is the best way to keep visitors to your site engaged and the best way to engage people with your brand. Time-on-page and time-on-site numbers increase when you add video. Images, podcasts, polls, charts and graphics are all great but nothing engages a website visitor more effectively than video. There are hundreds of blog posts and articles like this one where Patrick Moran explains how his sales team improved their close rates by 20% and online registrations by over 25% using web based video.

4. VIDEO IS A TOP PRIORITY FOR MARKETERS
According to a recent survey by Marketing Sherpa, for the second year in a row Video Marketing is the top priority for marketers surveyed, ahead of SEO, PPC, social media, email marketing and all other online marketing tactics. Turnhere has also released a study in the fall which revealed the same results – “When asked to rank various online marketing priorities for 2010, video was ranked as the top priority”

5. UBIQUITY
In a recent post conference interview Jeremey Allaire, CEO of Brightcove summarized the outlook for web based video this way:“Video will become as ubiquitous as text on the web.” He went on to say that “what we’ve seen happening over the last year is this incredible growth in the number of organizations and corporations, of all types, of all industries, of all sectors of societies, embracing video to enhance what they are doing on the web.”

6. 2010 MARKETING PREDICTIONS
A year-end article by Junta 42 reviewed hundreds of blogs and articles to summarize the predictions of leading marketing experts for 2010. Topping the list – The growth and dominance of video.

7. SEO
Type in ‘Video’ and ‘SEO’ in Google and you will discover many articles explaining how video can improve your SEO results. With the launch of Universal Search from Google, you should expect to see more and more video results occupying the search engine results that are served up by Google. That means Google is prioritizing video in it’s search algorithm. Not only will video help promote your products and services online it can also help those products and services get found online.

So what are you waiting for?

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Can text compete with video in Pepsi’s Social Marketing Initiative?

When we look back many years from now to identify the seminal event, the watershed moment where video became the dominant media type on the web, this might be it. To be clear, I am not suggesting that text will ever go away, become meaningless or die (although those certainly make good attention getting headlines…) I am referring to the time when we chose video over text as the most effective way of communicating ideas online. Yes, I understand that context is everything so allow me to elaborate.

Pepsi has chosen not to advertise during this year’s Superbowl but instead is launching a $20 million social marketing campaign called The Pepsi Refresh Project. Pepsi is encouraging people to submit ideas for projects that will have a positive impact on their communities. These ideas will be promoted online and everyone will get a chance to vote on which ideas Pepsi should fund. It’s a very smart idea. Everyone wins with this marketing campaign. Not only is Pepsi associating it’s brand with a wonderful initiative it will also drive millions of people to learn about, submit and vote on this Pepsi branded project. The residual benefits to Pepsi of this project will be huge over time. Good for them.

People get to vote every month to chose which new project goes ahead. This is where things get interesting. If you go to the Project Refresh Blog you can watch some nicely produced videos that give people an idea of what a $5,000, $50,000 or $ 250,000 project looks like. Without meaning to Pepsi has already set a potential baseline for submissions. Lower down the page they also have some text summaries of other projects but I would bet that the video’s on that page will be viewed in much greater numbers than the text and photo-based summaries. If you were submitting an idea for a project to this contest how would you present it?

Will anyone bother to read a written submission and if they do, will the written submission be as well recieved as the onscreen voice of an impassioned community leader? Well written proposals stand a greater chance of winning than poorly written proposals, no question. Better quality videos also stand a greater chance of winning over poorly developed videos. Will viewers be able to judge effectively between a well written proposal and a poorly produced video proposal? Hard to say.

I’ll give Pepsi the last word from guidance provided in their Refresh Toolkit PDF: “While a video isn’t required, it’s probably a good way to tell the world about your idea.”

If you’re selling an idea online is video a better choice than text?

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A 2010 Prediciton – All companies will become media companies

iStock_000003042313future exit sign

As the year and decade come to a close we enter prognostication season.

Google’s Mike Shmidt kicked things off nicely a few weeks back in a Gartner interview where he stated, amongst other things that Chinese (presumably Mandarin) would dominate the web in  five years. Wow – that’s a doozy. Of course, what he didn’t provide was the context around that comment – it’s a numbers game, there will be more Chinese people on the internet in five years. What was unsaid is that this is likely Google’s single largest impediment to global domination in the near future – Microsoft being a fait accompli. (done deal)

I thought I would add to the 2010 prediction chatter by suggesting one of my own – 2010 will be the year that all companies become media companies. ( By ‘all’ I mean quite a few… trending to many…) Here’s why:

1. New rules – content is more effective when it is shared. Companies have to begin creating content that is intended to be shared and consumed by many people in many different ways. (i.e. your website isn’t that important anymore)

2. You have to own and influence your own story. You can’t rely on traditional media outlets to communicate your story effectively – they have their own challenges and priorities and they don’t care about your company. Other (non media) people are now starting to re-write your story and you have to engage them wherever they are. That means you have to begin creating the content to influence that story.

3. The authority of traditional marketing and communication channels is greatly diminished. How important is a press release today? Who do you trust more, someone you know/follow or a reporter for a magazine that carries ads for the same products they are reporting on.

4. The disruptive advertising model doesn’t work as well when there are alternatives. I want to program my own entertainment and I am now tuning everything out that is not laser-focused to my current interests… because I can.

5. Some traditional marketing activities are becoming less effective. Newspapers are disappearing, magazines are seeing their revenues challenged, broadcast television (networks) are hugely concerned with having to trade ‘analog dollars with digital cents’ and other traditional marketing methods (i.e. direct mail, call centers ) do not provide the same returns they used to.

6. Trust is the single most important key to success on the web. Authenticity, a genuine voice and real engagement matters.  You can’t hide behind a tag-line or a brand image any more – you have to create real value for your prospects before they engage you and then you have to continue to communicate with them in new, more engaging ways when they become your customers.

7. Everyone now expects immediate access to information. If I need to know something, anything, I Google (or Bing…) it. I expect to find a good answer to my problem and I usually do. If you don’t provide that information for the things that matter most to all of your constituents, someone else will.

8. Contextual relevance is everything. The web allows you to target your customers wherever they happen to be on the buying cycle. You can’t create just one micro site, or one video or one piece of product literature and hope it will capture all of your various constituent’s needs. You have to understand where your customer happens to be in the buying cycle and what specific issues need to be addressed at that moment and then you need to create  content that specifically targets those business issues.

9. Content Marketing will emerge as the most effective lead generation option. Creating content that does not contain an overt sales pitch, but instead helps your prospects solve their business issues will become one of the most effective ways to build trust and interest and ultimately engagement with your company.

10. The cost of media production continues to drop. Many of the media creation and distribution tools are free and the ones that are not continue to drop in price. Google continues to happily underwrite much of this forcing every other technology company to follow the same path.

11. It’s not about you or your company any more. Sure, the guys who wrote the Cluetrain Manifesto told us this ten years ago but a decade later we’re finally starting to believe it. The customer engagement focus means that you have to develop content / media that speaks directly to your customers concerns. That means you have to create a lot of content and engage in a lot of conversations if you want to stay in the game.

12. New media channels are being created every day. Niche services, industry portals, groups, blogs, social media sites and many other channels are being created each day and each has it’s own unique rules and priorities. One type of content will not address all of these channels and one engagement strategy will not suffice.

13. The nature of media consumption is changing. Read the 2010 predictions. Social Media, specifically video is going to be very important. The need to create engaging content that is relevant to your audience will be one of your biggest communications challenges in the new year.

14. Content will become the new currency of the web. The web used to be about design, then the focus changed to technology. Now great  content is what matters.  Having a website today is table stakes. Pouring money into annual redesigns and ever more complicated content management systems has kept you busy but it’s never really moved the needle. You will be judged by the content (or lack thereof) that you create for your various audiences, wherever they happen to be.

So what do you think? Will all companies necessarily become media companies in the near future?

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42 ways to use video to grow your business

video wall


New visual languages, graphic interfaces, rich media content, lower video production costs and shrinking attention spans are changing how businesses communicate. In-house or outsourced, video is becoming a standard delivery medium for marketing and communications activities. Here are some examples:

Customer Reference Videos

1. Video Customer Testimonials (Popularity: Moderate  | Growth Potential: High)
Nothing is more compelling than seeing and hearing your customer (ideally in their own environment) extol the virtues of your products and services or explaining how you helped them achieve their business goals. These videos usually run from fifteen second snippets to a minute and are typically combined with or used to support other marketing material.

2. Video Success Stories (Popularity: Moderate  | Growth Potential: High)
Similar to a customer testimonial these videos run between one and two minutes and follow an interview format where the person on screen answers questions posed by an interviewer just off-camera. These videos are usually delivered as stand-alone marketing support materials and are often grouped with other customer success stories.

3. Video Case Study (Popularity: Low  | Growth Potential: Moderate)
A video case study combines customer testimonials with more a more in-depth explanation of how your company’s products and services helped your customer be successful. These case studies usually incorporate two voices – a narrator and the voice of your customer and can run anywhere from two to five minutes. The video structure follows the same “Problem, Solution, Benefit” format found in a printed case study.

4. Man-in-the-street Interviews (Popularity: Moderate  | Growth Potential: High)
These videos are typically done to promote events and to build buzz around coming events but can also be employed to capture ’spontaneous’ responses to targeted questions that help promote your product or service or to help differentiate the benefits of your brand compared to the real or imagined problems associated with your competitors. Soft drink companies, phone companies, fast food companies often use this format in advertising. Sometimes they are genuine. Sometimes they are completely staged. ‘Authenticity’ is becoming a style…

5. Customer Presentations. (Popularity: Low  | Growth Potential: Low)
If one of your customers is presenting at a conference, trade show or event or even in your offices and is talking about your products or services either directly with you or indirectly as part of a larger discussion this may be a perfect opportunity to capture the presentation of video (with permission, of course) to re-purpose on your website and intranet.

Product and Service Promotion

6. Product Presentations (Popularity: Moderate  | Growth Potential: High)
Product (or service) presentation videos are typically employed early in the buying cycle. Product or service presentations focus on benefits and talk from more from your customer’s perspective. They should speak clearly to how your product solves a specific business, personal or economic problem that your prospect is experiencing. They are used to help your customers and prospects differentiate between the benefits of your products and services to those of your competitors.

7. Product Demonstrations (Popularity: Moderate  | Growth Potential: High)
Product demos show how your product works and highlight the features that differentiate it from that of your competitors. Software screen captures, a 3D cut-away, or a high impact demo by a presenter are all excellent ways of showing how your product or service works. These videos are typically used to influence a prospect who is relatively far along in the sales cycle. In technology marketing these videos would be targeted at the technical approvers who need to understand how something works. In consumer marketing these would be targeted at buyers of larger ticket items who are further along the sales cycle.

8. Product Reviews (Popularity: Moderate  | Growth Potential: High)
The best product reviews are trusted third party reviews. Video reviews can be found anywhere from YouTube to various business portals. To the extent they help you, they should be referenced. You can also partner with trusted third parties to create product reviews for your own products.

9. Visual Stories (Popularity: Moderate  | Growth Potential: High)
Quickly rising in popularity, visual stories employ illustrations, animations and motion graphics with a voice-over to explain complex products or services in a simple and compelling manner.

Corporate Video

10. Corporate Overview (Popularity: High  | Growth Potential: moderate)
These videos are the video equivalent of the ‘company brochure’ for small companies – intended to give new visitors to a website a better idea of the company. Corporate overview videos typically company history, key products, executives/owners and other top level business info. As the cost of video production continues to decrease and the popularity of video increases you will start to see these videos being replaced by multiple, more targeted video.

11. Executive Presentations (Popularity: Low  | Growth Potential: Moderate)
Whether you are preparing for a quarterly update, responding to a major event in your industry or making a regularly scheduled presentation there is great value in presenting the “face” and “voice” of your leadership team to all of your constituents.

12. Staff Presentations (Popularity: Low  | Growth Potential: Moderate)
Social media and other Web 2.0 trends have caused companies to reconsider how they communicate with external audiences. Your senior leadership team should not be the first and only consideration to represent your company. It is becoming more imperative to consider showcasing the people that drive the day-to-day operations of your company. Customer service representatives, technical experts and legacy workers are all valuable considerations for this new category of corporate video. Surveys show that there is more trust associated with these employees than with senior management. When you are selling to influencers in organizations (versus economic buyers or decision makers) it is especially important you represent your company with people that your customers and prospects can relate to.

13. Corporate facilities or equipment tour (Popularity: Low  | Growth Potential: Low)
Ten years ago corporate facility videos and equipment tours were popular. Down-sizing, off-shoring, outsourcing, a couple of recessions and a hollowing out of North America’s manufacturing base has change the priorities placed on these videos. Uniqueness is key to success here. That said, it’s really not about you any more.

Training  and support video

14. Training (Popularity: High  | Growth Potential: High)
Corporate video first gained prominence with training (service, support, sales, personal development etc.) and continues to be one of the best uses of video. Online Video is a cost effective substitute for in-class training. You can also easily integrate video into online training management tools.

15. Overnight expert videos (Sales Support)  (Popularity: Low  | Growth Potential: Moderate)
If you serve a large geographic area or sell through channels then it is well worth the effort to put together short ‘overnight expert’ sales support videos that highlight the key selling points, features, benefits, objection handling and follow-up issues to consider by your direct or channel sales force.

16. Just-in-time learning (Popularity: Low  | Growth Potential: High)
Contextual training videos are becoming very popular on the web. ‘How-to’ videos, video manuals, on-site video reference, quick assembly demos, and other types of video are being used to supplement or replace traditional training. Mobile video will increase the popularity of this type of video.

17. Post sale support and maintenance videos (Popularity: Low  | Growth Potential: Moderate)
No one reads manuals. You can save thousands of dollars of post sale support by creating informative assembly, installation and maintenance videos for your products and services.

Internal Communications

18. Internal Communications (Popularity: Low  | Growth Potential: Moderate)
In larger companies few people have the time or interest to understand what other groups or functions within the company do or even why they exist. Internal videos that highlight business plans, new business activities and achievements can improve knowledge transfer and lead to more effective communications. They are also a great way to show off your local hero’s.

19. Event/Conference and Trade Show Communications. (Popularity: Low  | Growth Potential: Moderate)
Most companies spend a disproportionate amount of their marketing budget on attending and participating in a variety of industry events and yet only a very small percentage of employees ever benefit from these activities. Share the knowledge gained at these events by capturing the presentation, demos, interviews, commentaries etc. on video.

20. Employee orientation (Popularity: Low  | Growth Potential: Moderate)
Once your new recruits are on board employee orientation videos are a great way to get new staff up to speed. Company history, structure, procedures, policies and codes of behavior can all be communicated effectively with video.

21. Health, Legal & Safety (Popularity: Low  | Growth Potential: High)
The cost of dealing with health and safety related issues within organizations continues to grow. Video is one of the most effective means of minimizing these costs.

Advertising , marketing  and promotion

22. Commercials (Popularity: High  | Growth Potential: High)
While advertisers are becoming more selective in how they chose to spend their promotional dollars with broadcast television, other venues for commercials such as online video pre-roll, online sponsorships, in-game advertising, event sponsorships and in-theatre advertising are starting to take the place of broadcast / cable commercials. A proliferation of video screens cropping up on every building, device and structure will create an even more diverse set of advertising opportunities. The challenge will be to create specialized content targeted to an ever shrinking niche audience.

23. Viral Video (Popularity: High  | Growth Potential: High)
A video is viral if it is so compelling that people want to share it. (Calling a video ‘Viral’ doesn’t make it so). Viral videos have to be extremely engaging, entertaining, shocking or meaningful to be successful. Unfortunately some of the most successful viral videos have little connection (and therefore value) to any brand. (Everyone references ‘Will it Blend’ but very few viral videos are remotely this successful in actually driving sales.)

24. Email Video (Popularity: Moderate  | Growth Potential: High)
Testing has shown that open rates can double if you include video in your email marketing activities. To be effective the video should be purpose-built to elicit a specific conversion activity such as requesting a demo, more info etc.

25. Infomercials (Popularity: High  | Growth Potential: Moderate)
Infomercials have been around forever. While they continue to be the primary focus of web-based parody videos they have remained remarkably resilient over time. The shopping channel is, in effect, a 24 hour infomercial. If done well, Infomercials can be very effective at selling certain consumer products.

26.  Content Marketing (Popularity: Low  | Growth Potential: Huge)
This is a broad category that will become very important over the next months and years. Much of the content (video or otherwise) being creating today by companies is focused on selling. Focusing on solving your customers problems first and then associating your brand with those solutions will be increasingly more important and effective. (i.e. Home Depot could create a branded ‘how-to’ series that sits on their website and shows their customers how-to fix anything. They would, or course, reference tools and supplies available in their store but more importantly, they would generate tremendous value for their customers and prospects – value that would accrue to them over time.)

27. Landing pages and micro sites (Popularity: Moderate  | Growth Potential: High)
Video is beginning to replace or supplement text and graphics as a content element on many corporate websites. Landing pages can offer a more compelling call to action with video. Some micro sites on larger web properties are self contained, purpose-built conversion machines that have the singular purpose of generating a conversion activity (sign-up for more info, attend event, order something etc.). Video is becoming an important part of the conversion process.

PR Support and Community Relations

28. Video Press Releases (Popularity: Low  | Growth Potential: High)
The standard four paragraph press release is now being supplemented with video and rich media to tell a more engaging story. Video is now being purpose-built to directly support the important company announcements. The new challenge for press releases is to change the focus from the company to the customer.

29.  PR Support Materials (Popularity: Low  | Growth Potential: Moderate)

Make it easy for networks, bloggers, news gathers and others to promote your business and also to talk about your industry. Smart companies are developing video support catalogues of company and industry related materials (b-roll, industry footage, sound bites etc) and offering them to news and business portals. The demand for video is everywhere. If a news agency (online or broadcast) is looking for stock footage to use in a story it might as well be yours. (assuming the story is positive, of course)

30. Community Relations Video (Popularity: Low  | Growth Potential: High)
If your company is out working in the community, being good corporate citizens, helping the environment or contributing to important causes you should be capturing those efforts on video. Show the world what you are doing, don’t just talk about it.

Event Video

31. Event Presentation video (Popularity: Low  | Growth Potential: High)
Events represent a unique confluence of expertise and opportunity – often under-leveraged. Trade Shows, meeting and conferences are usually attended by your top sales people, your corporate executives, industry experts and other influential business people. If you are speaking at an event or someone is referencing your company you should be capturing this valuable content on video.

32. Round table Sessions (Popularity: Low  | Growth Potential: High)
Take the opportunity at an event to corral four to six of your best customers and other industry experts, put them in room and video tape them talking about industry trends, business issues and the future of your industry. This content will be the most valuable content you could ever capture.

33. Q&A Expert sessions. (Popularity: Low  | Growth Potential: Moderate)
There are many opportunities to take specific event participants to the side and take them through informal Q&A sessions on various topics that matter to your customers. This content is valuable lead generation content.

Other Uses of Video

34. Recruitment Videos (Popularity: Low  | Growth Potential: Moderate)
Finding the best employees is the single most important function of any company and yet comparatively small amounts of time and money are allocated to this critical task. Recruitment videos that feature company employees, highlight corporate culture and promote the direction of the company can be very influential.

35. VLOG (Popularity: Moderate  | Growth Potential:Moderate)
There are many levels  and types of Vloggers today but for the sake of brevity I will identify two: 1. Pro Vloggers who have engaging styles, rich content and a growing list of followers who promote their vlog on their site and through various syndicated channels and 2. Regular Vloggers who have chosen, for whatever reason, to speak into a camera instead of typing on a keyboard. The problem today is that, unlike onscreen text, you can’t scan a vlog – you sort have to watch the whole thing to see whether it is worth your time. The other problem is that most people just aren’t that compelling on camera so there is little, to no value of a talking head – and often it’s a distraction. Of course everyone references Gary Vaynerchuck (from Wine Library TV) as the rule (rather than the exception) for video blogging in the same way that everyone references the success of Will It Blend as being what to expect when you launch your first viral video project. For individuals looking to gain notoriety from their passions vlogging can be a good option if you have a good on-camera presence and great content.

36. In Store Video (Popularity: Low  | Growth Potential: High)
Wal-Mart has its own profitable in-store TV network that makes shoppers aware of new promotions. LCD screens are ubiquitous. In store LCD’s will be networked and customizable offering you the ability to promote your own goods and services or make money by promoting other complimentary services.

37. Company Lobby / Waiting Room Video (Popularity: Low  | Growth Potential: Moderate)
HD video screens are popping up everywhere – why not in your lobby or reception where you can get a jump start on first impressions and also take advantage of a captive audience.

38. Mobile Video (Popularity: Low  | Growth Potential: Huge)
Yep, ‘there’s and Ap for that’. Mobile video will soon be the largest video category outside of broadcast. In the short-run, mobile video will consist of hastily re-purposed video made to fit on a mobile device. It will quickly evolve into a much more specific format – five to fifteen second hyper targeted messages that are part of geo-located and micro-niched promotions.

39. Market research, focus groups and polling (Popularity: Low  | Growth Potential: Moderate)
Market research firms are now capturing the anecdotal feedback along with the raw statistics of their research. If a picture is worth a thousand words then a video of your customer describing her likes and dislikes of your new product is priceless. Go to YouTube to see how people are describing your products and services.

40. Website FAQ Video (Popularity: Low  | Growth Potential: Moderate)
In certain formats video can be a suitable replacement for text where an authoritative voice, support materials or other visual references are required. A list of FAQ’s answered by a company expert is an example.

41. Video White paper (Popularity: Low  | Growth Potential: Low)
Video white papers have evolved over the last years from basically a person reading a white paper on camera (what’s the point) to a professional delivery that is accompanied by charts, graphs and other visual references to make the presentation more valuable.

42. Video Magazine (Popularity: Low  | Growth Potential: Low)
Some video production companies specialize in helping companies deliver serialized video content to their customers. Like the name implies video content is created on a regular basis (usually monthly) that customers and prospects can view through a subscription service.

Have I left any out? Let me know.

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Web Video Production will have a profound effect on how businesses evolve

Computer Monitor

We tend to take most things in life on face value. The earth is round, the universe is expanding, the internet is slow, but improving. This slow progression and acceptance of our ‘realities’ also tends to stop us from seeing what’s just around the corner. An example:

Imagine if television in the 1950’s evolved the same way that the internet has.  What if TV in its infancy was little more than radio with text – much like the early stages of the web.  What if television started with many, many channels but they all offered slow text, perhaps a few graphics. Over time, maybe ten years or more the television broadcast networks evolved to allow some blinking graphics, then motion graphics via flash files that allowed you to see moving images accompanied with text. How powerful a medium would TV have been up to that point. Would it have consumed our lives the way it has? Would it become the focal point of our entertainment, our advertising, our news consumption?

With the Internet today we are close (but not quite there) to where television started over fifty years ago.  Video is widely viewable today online around the world but the experience varies considerably. That will change over the next few years as good or great quality video will be delivered to any screen you want it on (tv, computer, mobile devise). When that happens this will have a profound effect on how business communicate and evolve. Like the frog in the slowly warming pot of water, many businesses won’t even notice the change.

What makes the impact that much more significant is that all of the televisions are connected, everyone is creating their own television shows and you can watch what you want, wherever and whenever you want. Context is everything and the companies that win in this game will be the companies that can produce contextually relevant video products for their audiences. Content that has real value (not commercials), content that people want to share and content that changes how people see and do things.

No, text isn’t going away (in spite of the recent pain in the print industry) in our lifetime but we are entering a time where new visual languages, graphic interfaces and video content will change how businesses communicate.

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Are corporate websites dead? No, but some may require life support.

iStock_000005946607XSmall

Websites don’t matter. The content on them and the content that gets consumed and shared (wherever) is what matters.

I recently responded to a blog article that posed the question “are corporate websites dead?”  My take was that the purpose and function of corporate websites is changing – they will still serve as a repository for corporate information but the days of websites being a ‘destination’ for information about the things you do are long gone. An Example:

Recent changes to driving laws where I live now make it illegal to hold/use a cell phone while driving. I needed to pick up a good quality Bluetooth headset. While scanning some recent tweets I noticed a comment about a new Plantronics Bluetooth headset. I followed the link to a YouTube video. It sounded interesting but I wasn’t convinced. I then viewed a number of related reviews on YouTube that seemed more credible and decided that this was indeed the device that suited my needs. I Googled to find the best price and ordered the product online. I never went to the Plantronics website – there was no reason to. I know the company and have purchased products from them before so there were no credibility issues to investigate.

The user generated videos I viewed provided good general information but ultimately the more professionally created videos sold me. The whole process took ten minutes and at the end of it I felt very informed and very comfortable making a purchase decision.  Would I have been as confident if I just went to the Plantronics site and consumed their literature? No way. Would I have been as comfortable if I went to my local electronics store and waited to listen to an inexperienced sales clerk sell me on equipment he may or may not have a lot of real experience with? No.

We are moving from the ‘text web’ to the ‘next web’ ( or ‘web something dot something’) and many companies still don’t see it coming. I’d rather watch a video review or video product demo than read product literature because video and other rich media content show me things that a document cannot. It’s also easier to make value judgments about the presenter and the content.

There is huge value in showing your product/service being used, showing people talking about their experiences with the product and showing how it clearly benefits the potential buyer.

It’s the content (and where that content is seen) that matters, not the website and the implications of this reach far beyond simple consumer products. All companies have to take into account how social media, rich media, mobile engagement, word of mouth, and especially the creation of truly valuable content is going to affect their brand and their business. Even companies with long sales cycles that involve complex buying decisions need to consider how they are going to engage the ‘next web.’

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Sears employs online video to supercharge it’s online and in-store retail

new selina

My 14 year old thinks Sears is cool. So does my 82 year old father. Go figure.

Sears launched a major marketing initiative this summer called  Arrival Lounge to highlight to it’s younger target audience that you shouldn’t just go back to school – you should ‘arrive’ back to school- suitably attired in Sears back-to-school fashions. Sears hired Disney Channel celebrity Selina Gomez to lead the marketing program which is centered around it’s arrivelounge.com website. The site includes music, celebrities, dancing, backstage passes, coupons, behind-the-scenes features, air-band contests and high quality video production. Sears has done all of the requisite cross-promotions with social media sites like YouTube and Facebook and has also developed tie-in programs with MTV. The program has been a huge success for the company.

What makes this campaign particularly interesting is the company’s use of web-based video. Sears has comfortably broken a couple of web-video barriers (launching music on the site without asking and also playing full screen – albeit lower res -  video) and seem to be employing a video first and ‘text as support’ approach which until now has been the other way around. Video has traditionally been used as support for the text that appears on a website.

While it certainly makes sense that retail establishments targeting younger demographics would lead the integration of video marketing into websites this isn’t the beginning of the end, it’s the simply the end of the beginning (it made more sense when Churchill said it…). What we are seeing with sites like this is a glimpse beyond the ‘text web’ – the integration of broadcast media and rich media programming into what until now has been a static content delivery environment. Sears isn’t the first company to take this approach but given their history and positioning in the marketplace it is a significant departure from it’s traditional marketing activities.

The short term consequence will be a surge in rich media web video production – a lot of it quite awful (remember the first websites) and unfortunately will favor those with traditionally larger marketing budgets. That said, the clever use of social media channels could turn out to be the great equalizer between large and smaller companies.

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2009 Survey – Online video is top priority for web marketers

survey conducted by PermissionTV  identified online video as the top priority for digital marketing budgets and also highlighted a strong preference among marketers for increased sophistication and interactivity in online video capabilities to help promote their brands.

Online video will hit its stride in 2009 as companies re-evaluate their marketing mix.  

Key Findings

·         More than two-thirds of respondents (67 percent) identified online video as a primary focus of their 2009 digital marketing campaigns, versus social media  campaigns (41 percent), search (34 percent) and podcasts/webcasts (32 percent).

·          In Q2 of 2009, more than half (52 percent) of respondents expect to be implementing or extending an online video project, whereas currently less than one-third (32 percent) are doing so.

·         Nearly 60 percent of respondents consider interactive video experiences to be the next evolution for online video. Also, 62 percent believe that non-linear, interactive storytelling will become the most effective medium for marketers. o Links to other videos is the most widely needed interactive capabilities for respondents, followed by graphic overlays, user comments and user-defined contents paths.

·        Respondents expect their 2009 digital marketing efforts (33 percent) to be least affected by budget cuts, followed by traditional marketing (24 percent), tradeshows (21 percent) and guerilla marketing (14 percent).

·        A majority of respondents (63 percent) are most likely to invest in a branded content/video destination next year. o Viral video (39 percent) and interactive experiences (38 percent) follow as the second and third priority, while only 22 percent plan to invest in simple syndication.

·        When asked how online video will enhance customer engagement, a vast majority (71 percent) stated it would help build brand awareness.

·        Driving lead generation was the second largest objective (47 percent), followed by enhancing loyalty/retention programs (44 percent) and converting customers (41 percent).

 

 

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Internet Corporate Video set to grow dramatically

 

Cisco Systems recently published  Cisco Visual Networking Index which provides key findings on a variety of consumer and business IP networking trends. Their projections are stunning. The implication to businesses and the future of business communication is huge. Some of the numbers:

·      Between 2007 and 2012 there will be a sixfold increase in IP traffic (combined annual growth rate of 46 percent) due mainly to video.

·      Mobile Data traffic will double each year from 2008 to 2012

·      Video on demand, IPTV, peer-to-peer (P2P) video, and Internet vido are forecast to account for nearly 90 percent of all consumer IP traffic by 2012 

·    Global business IP traffic is forecast to grow strongly at a CAGR of 35 percent from 2007 to 2012

 

The study also goes on to predict that there will be three distinct waves of growth. We are currently in the first waveInternet Video to PC.  The second wave will start in earnest later next year – internet to the TV and the third wave will take hold in the next four to five years – interactive video.

 

Video, rich media and social networking are the key drivers behind this rapid increase in IP traffic. Increase broadband penetration in the small –business segment, adoption of advanced video communications and rapid growth in the Asia-Pacific market also major drivers. This growth in the use of video will create both challenges and opportunities for businesses:

 

1.    Video will become a much more important part of the marketing mix –both for B2B and B2C companies. As video expands to become a mainstream marketing tool – companies will have to invest to keep up with new communications techniques.

2.    The line between advertisements, entertainment, information, training, and community outreach will continue to blur as companies learn new ways to communicate with their audiences.

3.    Business to business video communications is limited primarily to the PC today. As mobile devices become video enabled (like the iphone, the Blackberry storm etc.) and TV’s start to be used for internet browsing, the lines between lean-forward (PC’s), lean-back (TV’s) and in-transit (mobile) screens will also start to blur. Work places will extend to any screen anywhere, any time.

4.    Business marketing and business survival will be much more dependent on social outreach and engaging audiences with rich media tools.

5.    Interactive video and other rich media tools will have a huge effect on business communication compared to the limited affect that interactive flash presentations have had on business communications to date.

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