marketing with online video: challenges & opportunities, raghav gupta, vp of international...
TRANSCRIPT
IAB Greece IMC: Marketing Challenges & Opportunities
Raghav “Rags” Gupta, VP Partner Development & Field Marketing, EMEA
“Show Me The Money!”
Introductions
© 2008 Brightcove, Inc. All rights reserved.
To Onoma Mou Ine “Rags”
© 2008 Brightcove, Inc. All rights reserved.
To Onoma Mou Ine “Rags”
MyselfBrightcove (US, UK): Partnerships, Marketing for EMEAAdvise digital media startups & VCs (Mocospace, 8tracks, et al)Formerly Live365 (digital music/internet radio)Blog: http://www.ragsgupta.com
BrightcoveOnline Video Platform: video content management, publishing, distribution/syndication, monetisationFounded by Jeremy Allaire (ex-CTO Macromedia, ColdFusion, etc)$91 M raised, 160 Employees, offices in Boston, NYC, Seattle, London, Hamburg, Beijing, Tokyo
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Investors
© 2008 Brightcove, Inc. All rights reserved.
© 2008 Brightcove, Inc. All rights reserved.
Media Management
Video Publishing
Advertising
Analytics
Developer Tools
Online Distribution
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Selected Customers
Online Video Advertising: The Opportunity
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(In The US) Audience Is Growing…
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(In The US) Audience Is Growing…
80% in US watch online video at least once a month
© 2008 Brightcove, Inc. All rights reserved.
(In The US) Audience Is Growing…
80% in US watch online video at least once a month154 M viewers in US
© 2008 Brightcove, Inc. All rights reserved.
(In The US) Audience Is Growing…
80% in US watch online video at least once a month154 M viewers in US
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Worldwide As Well
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Worldwide As Well
YouTube has 344 M users worldwide! (comScore)
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Worldwide As Well
YouTube has 344 M users worldwide! (comScore)
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
Representing growth rate of 44%*
© 2008 Brightcove, Inc. All rights reserved.
Leading To Revenue Growth
Online video market in US forecast to be $850* M in ‘09
Representing growth rate of 44%*
© 2008 Brightcove, Inc. All rights reserved.
Generally…
© 2008 Brightcove, Inc. All rights reserved.
Generally…
Growing medium
© 2008 Brightcove, Inc. All rights reserved.
Generally…
Growing medium
© 2008 Brightcove, Inc. All rights reserved.
Generally…
Growing medium
Audience is there (and growing)
© 2008 Brightcove, Inc. All rights reserved.
Generally…
Growing medium
Audience is there (and growing)
© 2008 Brightcove, Inc. All rights reserved.
Generally…
Growing medium
Audience is there (and growing)
Advertisers pay a premium over display ads ($12 - $25 CPM for RON inventory)
© 2008 Brightcove, Inc. All rights reserved.
Generally…
Growing medium
Audience is there (and growing)
Advertisers pay a premium over display ads ($12 - $25 CPM for RON inventory)
© 2008 Brightcove, Inc. All rights reserved.
Generally…
Growing medium
Audience is there (and growing)
Advertisers pay a premium over display ads ($12 - $25 CPM for RON inventory)
Publishers of ALL types getting into online video
© 2008 Brightcove, Inc. All rights reserved.
Generally…
Growing medium
Audience is there (and growing)
Advertisers pay a premium over display ads ($12 - $25 CPM for RON inventory)
Publishers of ALL types getting into online video
© 2008 Brightcove, Inc. All rights reserved.
Generally…
Growing medium
Audience is there (and growing)
Advertisers pay a premium over display ads ($12 - $25 CPM for RON inventory)
Publishers of ALL types getting into online video
BUT there are challenges…
Online Video Advertising: The Challenges
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Agency Ownership Unclear…
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Agency Ownership Unclear…
Does online video belong in digital / interactive?More logical fit but…Digital staff not necessarily used to creative requirementsBudgets are small
Or TV?Huge budgets but…TV buyers not used to online as a medium
Agencies beginning to integrate
© 2008 Brightcove, Inc. All rights reserved.
Agency Ownership Unclear…
Does online video belong in digital / interactive?More logical fit but…Digital staff not necessarily used to creative requirementsBudgets are small
Or TV?Huge budgets but…TV buyers not used to online as a medium
Agencies beginning to integrate
Publishers having to approach case-by-case
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Formats & Standards
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Formats & Standards
Pre-, mid-, post-rollsDuration?Synched with banners? Video ad pod?Definition of impression?
“New formats”: overlays, takeovers, other unitsPromising but lack scale
IAB & other industry consortia publishing standards (Brightcove participating in US & UK processes)
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Video Ad Pod
15 Second Pre-Roll
300x250 Expandable Banner
468x60 Leave-Behind Banner
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Invitational with Video Takeovers
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Invitational with Video Takeovers
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Invitational with Video Takeovers
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Invitational with Video Takeovers
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Overlay Ads
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Inventory & Context
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Inventory & Context
Inventory ParadoxLots of inventory unsold yet…Many sites are sold out!
Context of paramount importance
© 2008 Brightcove, Inc. All rights reserved.
Inventory & Context
Inventory ParadoxLots of inventory unsold yet…Many sites are sold out!
Context of paramount importance
© 2008 Brightcove, Inc. All rights reserved.
Inventory & Context
Inventory ParadoxLots of inventory unsold yet…Many sites are sold out!
Context of paramount importance
“Professional” content/context valuable; UGV less so
© 2008 Brightcove, Inc. All rights reserved.
Inventory & Context
Inventory ParadoxLots of inventory unsold yet…Many sites are sold out!
Context of paramount importance
“Professional” content/context valuable; UGV less so
Advertisers getting more used to UGV BUT professional content still trumps
YouTube revenue for 2008: ~ $100 M (Screen Digest)Hulu revenue for 2008: ~ $70 MHulu revenue could equal/exceed YouTube in 2009 with only 1/10 the traffic!
© 2008 Brightcove, Inc. All rights reserved.
Not (Yet) Accepted As Branding Medium
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Not (Yet) Accepted As Branding Medium
“The curse of measurability”
© 2008 Brightcove, Inc. All rights reserved.
Not (Yet) Accepted As Branding Medium
“The curse of measurability”
© 2008 Brightcove, Inc. All rights reserved.
Not (Yet) Accepted As Branding Medium
“The curse of measurability”
Online video CTRs high but that’s not the point!
© 2008 Brightcove, Inc. All rights reserved.
Not (Yet) Accepted As Branding Medium
“The curse of measurability”
Online video CTRs high but that’s not the point!
© 2008 Brightcove, Inc. All rights reserved.
Not (Yet) Accepted As Branding Medium
“The curse of measurability”
Online video CTRs high but that’s not the point!
Marketers & agencies need more data & case studies
© 2008 Brightcove, Inc. All rights reserved.
Not (Yet) Accepted As Branding Medium
“The curse of measurability”
Online video CTRs high but that’s not the point!
Marketers & agencies need more data & case studies
© 2008 Brightcove, Inc. All rights reserved.
Not (Yet) Accepted As Branding Medium
“The curse of measurability”
Online video CTRs high but that’s not the point!
Marketers & agencies need more data & case studies
Financial climate will impact desire to invest
Online Video Advertising: Best Practices & Recommendations
© 2008 Brightcove, Inc. All rights reserved.
Work With (IAB) Standard Formats…
© 2008 Brightcove, Inc. All rights reserved.
Work With (IAB) Standard Formats…
BUT format choice should also be based on your audience & content
© 2008 Brightcove, Inc. All rights reserved.
Work With (IAB) Standard Formats…
BUT format choice should also be based on your audience & contentPre-rolls in front of professional content okay (short duration)
© 2008 Brightcove, Inc. All rights reserved.
Work With (IAB) Standard Formats…
BUT format choice should also be based on your audience & contentPre-rolls in front of professional content okay (short duration)Run overlays early on in the video
© 2008 Brightcove, Inc. All rights reserved.
Work With (IAB) Standard Formats…
BUT format choice should also be based on your audience & contentPre-rolls in front of professional content okay (short duration)Run overlays early on in the videoPost-rolls are limited in effectiveness
© 2008 Brightcove, Inc. All rights reserved.
Work With (IAB) Standard Formats…
BUT format choice should also be based on your audience & contentPre-rolls in front of professional content okay (short duration)Run overlays early on in the videoPost-rolls are limited in effectiveness
© 2008 Brightcove, Inc. All rights reserved.
Experiment With New Formats…
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Experiment With New Formats…
(As long as it’s measurable)
© 2008 Brightcove, Inc. All rights reserved.
Experiment With New Formats…
(As long as it’s measurable)
© 2008 Brightcove, Inc. All rights reserved.
Experiment With New Formats…
(As long as it’s measurable)
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Drive Deeper Engagement Through Microsites
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Drive Deeper Engagement Through Microsites
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Drive Deeper Engagement Through Microsites
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Sell Sponsorships
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Paid Placements
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Optimise Inventory
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Optimise Inventory
Leverage ad networks, especially if you are not at scale
Run house ads to drive traffic & brand awareness
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Optimise Inventory
Leverage ad networks, especially if you are not at scale
Run house ads to drive traffic & brand awareness
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Syndicate To Trusted 3rd-Party Sites
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Syndicate To Trusted 3rd-Party Sites
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Syndicate To Trusted 3rd-Party Sites
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Purpose-Driven UGV Can Be Monetised
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Purpose-Driven UGV Can Be Monetised
© 2008 Brightcove, Inc. All rights reserved.
Purpose-Driven UGV Can Be Monetised
And finally…
Ἓν οἶδα ὅτι οὐδὲν οἶδα!
(Hen oida hoti ouden oida!)
And finally…
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Efharisto!
http://www.brightcove.com/products/advertising/ad-formats/
www.emarketer.com
www.newteevee.com/category/stats/
γειά σας!