marketing with online video: challenges & opportunities, raghav gupta, vp of international...

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IAB Greece IMC: Marketing Challenges & Opportunities Raghav “Rags” Gupta, VP Partner Development & Field Marketing, EMEA

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Page 1: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

IAB Greece IMC: Marketing Challenges & Opportunities

Raghav “Rags” Gupta, VP Partner Development & Field Marketing, EMEA

Page 2: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

“Show Me The Money!”

Page 3: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

Introductions

Page 4: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

To Onoma Mou Ine “Rags”

Page 5: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 6: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.5

Investors

Page 7: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Page 8: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Media Management

Video Publishing

Advertising

Analytics

Developer Tools

Online Distribution

Page 9: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Page 10: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.7

Selected Customers

Page 11: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

Online Video Advertising: The Opportunity

Page 12: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

(In The US) Audience Is Growing…

Page 13: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

(In The US) Audience Is Growing…

80% in US watch online video at least once a month

Page 14: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 15: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 16: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Worldwide As Well

Page 17: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Worldwide As Well

YouTube has 344 M users worldwide! (comScore)

Page 18: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Worldwide As Well

YouTube has 344 M users worldwide! (comScore)

Page 19: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Leading To Revenue Growth

Page 20: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Leading To Revenue Growth

Online video market in US forecast to be $850* M in ‘09

Page 21: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Leading To Revenue Growth

Online video market in US forecast to be $850* M in ‘09

Page 22: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Leading To Revenue Growth

Online video market in US forecast to be $850* M in ‘09

Page 23: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Leading To Revenue Growth

Online video market in US forecast to be $850* M in ‘09

Page 24: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Leading To Revenue Growth

Online video market in US forecast to be $850* M in ‘09

Page 25: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Leading To Revenue Growth

Online video market in US forecast to be $850* M in ‘09

Page 26: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Leading To Revenue Growth

Online video market in US forecast to be $850* M in ‘09

Page 27: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Leading To Revenue Growth

Online video market in US forecast to be $850* M in ‘09

Page 28: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Leading To Revenue Growth

Online video market in US forecast to be $850* M in ‘09

Page 29: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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%*

Page 30: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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%*

Page 31: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Generally…

Page 32: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Generally…

Growing medium

Page 33: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Generally…

Growing medium

Page 34: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Generally…

Growing medium

Audience is there (and growing)

Page 35: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Generally…

Growing medium

Audience is there (and growing)

Page 36: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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)

Page 37: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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)

Page 38: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 39: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 40: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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…

Page 41: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

Online Video Advertising: The Challenges

Page 42: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Agency Ownership Unclear…

Page 43: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 44: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 45: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Formats & Standards

Page 46: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

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)

Page 47: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Video Ad Pod

15 Second Pre-Roll

300x250 Expandable Banner

468x60 Leave-Behind Banner

Page 48: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Invitational with Video Takeovers

Page 49: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Invitational with Video Takeovers

Page 50: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Invitational with Video Takeovers

Page 51: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Invitational with Video Takeovers

Page 52: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Overlay Ads

Page 53: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Inventory & Context

Page 54: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Inventory & Context

Inventory ParadoxLots of inventory unsold yet…Many sites are sold out!

Context of paramount importance

Page 55: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Inventory & Context

Inventory ParadoxLots of inventory unsold yet…Many sites are sold out!

Context of paramount importance

Page 56: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 57: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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!

Page 58: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Not (Yet) Accepted As Branding Medium

Page 59: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Not (Yet) Accepted As Branding Medium

“The curse of measurability”

Page 60: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Not (Yet) Accepted As Branding Medium

“The curse of measurability”

Page 61: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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!

Page 62: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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!

Page 63: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 64: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 65: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 66: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

Online Video Advertising: Best Practices & Recommendations

Page 67: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Work With (IAB) Standard Formats…

Page 68: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Work With (IAB) Standard Formats…

BUT format choice should also be based on your audience & content

Page 69: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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)

Page 70: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 71: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 72: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 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

Page 73: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Experiment With New Formats…

Page 74: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Experiment With New Formats…

(As long as it’s measurable)

Page 75: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Experiment With New Formats…

(As long as it’s measurable)

Page 77: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Drive Deeper Engagement Through Microsites

Page 78: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Drive Deeper Engagement Through Microsites

Page 79: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Drive Deeper Engagement Through Microsites

Page 80: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Sell Sponsorships

Page 81: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Paid Placements

Page 82: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Optimise Inventory

Page 83: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Optimise Inventory

Leverage ad networks, especially if you are not at scale

Run house ads to drive traffic & brand awareness

Page 84: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Optimise Inventory

Leverage ad networks, especially if you are not at scale

Run house ads to drive traffic & brand awareness

Page 85: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Syndicate To Trusted 3rd-Party Sites

Page 86: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Syndicate To Trusted 3rd-Party Sites

Page 88: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Purpose-Driven UGV Can Be Monetised

Page 89: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Purpose-Driven UGV Can Be Monetised

Page 90: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

© 2008 Brightcove, Inc. All rights reserved.

Purpose-Driven UGV Can Be Monetised

Page 91: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove
Page 92: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

And finally…

Page 93: Marketing with Online Video: Challenges & Opportunities, Raghav Gupta, VP of International Partnerships, Brightcove

Ἓν οἶδα ὅτι οὐδὲν οἶδα!

(Hen oida hoti ouden oida!)

And finally…