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eMarketer Webinar: Social Video—The Next Wave in Digital Advertising
1.
N O V
E M B E R 1 5, 2 0 1 2 Social Video—The Next Wave in Digital Advertising Sponsored by: Paul Verna ©2011 eMarketer Inc.
2.
Agenda Social
video at a glance: definitions and vital stats Top venues for social video Understanding sharing behavior Top campaigns: What worked? Social video demographics Metrics and return on investment Conclusions Q&A Twitter – #eMwebinar ©2012 eMarketer Inc.
3.
Social Video at
a Glance ©2012 eMarketer Inc.
4.
What is social
video? eMarketer defines social video as video advertising or content designed to be easily shared on venues such as Facebook, Twitter and Google+, as well as through email lists and embed codes. Unlike pre-rolls, social video ads are user-initiated and non-interruptive. Social video ads are often longer than 15 or 30 seconds. Social video represents a blurring of lines between advertising and branded entertainment. Social video is trackable and measurable. Twitter – #eMwebinar ©2012 eMarketer Inc.
5.
What is social
video? “Social video advertising is brands producing content with the purpose of getting it seen and shared by people who want to watch it, as opposed to producing ads where the goal is to interrupt people and push the message on them.” —Dan Greenberg, CEO of Sharethrough ©2012 eMarketer Inc.
6.
What is social
video? “Social video is non-interruptive; it’s 100% opt-in. It could be any length and it’s got built-in tools to promote post-view activity, aka earned media or sharing.” —Mitchell Reichgut, CEO of JunGroup ©2012 eMarketer Inc.
7.
What is social
video? “The concept is to blur the lines between advertising and entertainment, so every form of advertising becomes an advertorial that accomplishes the brand’s goal but has a realistic chance of exciting the consumer to share content.” —David Segura, CEO of Giant Media ©2012 eMarketer Inc.
8.
Native advertising: variation
on a theme “With native advertising you’re buying media the same way you’d buy a display ad on Yahoo.com, it just happens that the ad is bigger and in the content well. Native media is trackable and targetable by the same metrics you’d use for display ads.” —Dan Greenberg, CEO of Sharethrough ©2012 eMarketer Inc.
9.
Native advertising: variation
on a theme ©2012 eMarketer Inc.
10.
Native advertising: pros
and cons Pros: Advertisers and publishers aren’t locked into standard ad units, including pre-roll lengths Ad-buying process is the same as with display ads Native ads are trackable and measurable Cons: Some chafe at breaking down wall between ads and content Many mistake ads for content Many consider this practice misleading Twitter – #eMwebinar ©2012 eMarketer Inc.
11.
Native advertising can
be misleading ©2012 eMarketer Inc.
12.
Worldwide social video ad views increased
in Q1 2012 on a sequential basis, and every quarter in 2012 on a YoY basis 78% sequential increase in Q1 2012 81% YoY increase in Q3 2012 ©2012 eMarketer Inc.
13.
Not all social
videos are marketer-driven • ‘Charlie Bit My Finger’ 495 million YouTube views • ‘Kony 2012’ view count: 93 million on YouTube, 16 million on Vimeo • Rebecca Black, ‘Friday’ 42 million YouTube views Twitter – #eMwebinar ©2012 eMarketer Inc.
14.
Top Venues for
Social Video ©2012 eMarketer Inc.
15.
YouTube dominated US
online video with over 150M unique viewers in Sept. 2012 ©2012 eMarketer Inc.
16.
YouTube also led in videos viewed
and average time per viewer 13.1 billion clips in Sept. 2012 (17x over nearest competitor) 419.1 minutes per viewer (5x over nearest competitor) ©2012 eMarketer Inc.
17.
Top campaigns like
Old Spice’s Muscle Music and Kony 2012 ran on Vimeo Twitter – #eMwebinar ©2012 eMarketer Inc.
18.
P&G’s Old Spice
used Vimeo because the channel delivered interactivity “We wanted to do something unique in terms of the content and the technology, and Vimeo was the only partner that could make the experience possible with the ability to embed the interactive creation tool into other sites and social media.” —Mike Norton, director of communications for Old Spice ©2012 eMarketer Inc.
19.
Social games are
a major distribution platform for opt-in videos • Jun Group reaches 100 million users across 400 social games • In 2011, Social Vibe handled 500 opt-in engagement campaigns for over 200 brands on games by Zynga and others • appssavvy is experimenting with activity-based advertising in social games Sources: New York Times, appssavvy ©2012 eMarketer Inc.
20.
A Social Vibe opt-in ad
in Zynga’s CityVille offered users virtual currency in exchange for completing a video view ©2012 eMarketer Inc.
21.
Social video campaigns
featuring Justin Bieber and Lady Gaga launched on Viddy ©2012 eMarketer Inc.
22.
Understanding Sharing Behavior
©2012 eMarketer Inc.
23.
Facebook is the
top sharing service for video ads on the Sharethrough network 72% of sharing activity happens through Facebook ©2012 eMarketer Inc.
24.
Large numbers of
Facebook users are sharing video ads on the social network A July 2012 MediaBrix survey of 2,236 US internet users found that: 8% of Facebook users said they had shared a video advertisement for a brand on Facebook. 16% of Facebook app users said they had shared a video ad for a brand shown inside an app or game on Facebook. Source: MediaBrix ©2012 eMarketer Inc.
25.
After watching opt-in
clips, viewers visit Facebook brand pages and company sites 28% click to 31% visit brand’s company site Facebook page ©2012 eMarketer Inc.
26.
Twitter users share
content from YouTube more than from other video sites Twitter – #eMwebinar ©2012 eMarketer Inc.
27.
For product videos,
many turn to social venues like YouTube, Facebook and Twitter ©2012 eMarketer Inc.
28.
People trust their
social networks more than they trust marketers “Sharing can lend a campaign a measure of authenticity. If people come into a brand from a friend or read about it from press, versus just seeing it in an ad, that seems to be more impactful for consumers. It’s a form of endorsed media, versus traditional push media.” —Jennifer Long, brand director for Patrón Spirits ©2012 eMarketer Inc.
29.
Seeding content on
social venues does not guarantee it will be shared “Just because you can put something on YouTube doesn’t mean people are going to be invested in it and pass it on. When they do pass it on, it becomes social currency. It becomes an expression of themselves.” —J Barbush, creative social media director, RPA ©2012 eMarketer Inc.
30.
Top Campaigns: What
Worked? ©2012 eMarketer Inc.
31.
Top Video Campaigns,
Q1 2012 ©2012 eMarketer Inc.
32.
Campaigns that promote content prior to
the Super Bowl generate almost 600% more views than those that do not In 2012, 20 advertisers waited until game day to launch campaigns Source: Visible Measures ©2012 eMarketer Inc.
33.
‘Kony’ was the
top-performing clip in Q1 • 30-minute documentary on Ugandan guerrilla leader Joseph Kony • Video’s popularity resulted from a robust social media effort by its creator, Invisible Children • Organization enlisted celebrities with massive social media followings (Oprah Winfrey, Justin Bieber, Ryan Seacrest, Kim Kardashian) • Video reached 100 million views faster than any other clip in history Twitter – #eMwebinar ©2012 eMarketer Inc.
34.
‘Kony 2012’ took only
6 days to reach the 100M view milestone, outpacing Lady Gaga, Justin Bieber and the viral sensation ‘Charlie Bit My Finger’ ©2012 eMarketer Inc.
35.
Honda CRV –
‘Matthew’s Day Off’ • Honda, its agency (RPA) and social media seeding company Giant Media launched their campaign with teasers featuring ‘Ferris Bueller’ star Matthew Broderick • Companies secured placements in 80+ influential blogs • Campaign garnered more than 79 million earned media impressions • Clip length varied from a 10-second teaser to a 1-minute TV spot to a 2½-minute extended version Twitter – #eMwebinar ©2012 eMarketer Inc.
36.
70% of the
opt-in video views of Fortune 500 ads were at least 1 minute long 37% were 33% were between over 2 minutes 1 and 2 minutes ©2012 eMarketer Inc.
37.
30- to 60-second
clips showed the highest engagement rates ©2012 eMarketer Inc.
38.
Social Video Demographics
©2012 eMarketer Inc.
39.
Younger internet users are most apt
to post videos on sharing sites, so marketers targeting these groups should include social video in their plans ©2012 eMarketer Inc.
40.
Marketers have successfully
used social video to target younger viewers “That younger demo is trickier to hit these days. There’s so much video snacking instead of traditional advertising. We were looking for a way to break through, and the only way was to have interesting content that folks seek out and share with their friends.” —Tom Hume, director, marketing communications for Toshiba ©2012 eMarketer Inc.
41.
Humor + social
video = young males “It can be tricky to keep young adult males engaged for a long period of time, especially if the content isn’t humorous. There are a ton of videos out there, both by brands and individuals, so we’re trying to cut through the clutter with humor.” —Kevin Holmes, marketing manager for Hot Pockets at Nestlé ©2012 eMarketer Inc.
42.
Hot Pockets lets
the Dogg out Hot Pockets used the top three creative approaches to social video: humor, celebrities and music. The company enlisted rap icon Snoop Dogg to remake his 2004 hit “Drop It Like It’s Hot” into a jingle. ©2012 eMarketer Inc.
43.
Humor was the
top creative approach for social video ad campaigns in 2011 ©2012 eMarketer Inc.
44.
Social Video Metrics
and ROI ©2012 eMarketer Inc.
45.
Marketers use hard
and soft metrics to determine social video campaign ROI Hard metrics include key indicators such as video views, a breakdown of venues where the clip ran, clicks to websites, visits to Facebook, store locator usage and coupon downloads. Soft metrics include blog coverage and real-time feedback on social venues. ROI assessments are complicated by confusion over definitions and unrealistic client expectations. Some clients expect all campaigns to go viral, and some tech providers game the system by artificially inflating social views. Twitter – #eMwebinar ©2012 eMarketer Inc.
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Being realistic about
viral “Some are benchmarking this industry to being viral. They want to pay for half a million views but receive 50 million. It goes without saying that that’s what we want, too, but this should be driven by realistic statistics. Historically, for every two paid video views you get from Giant Media, you get one that’s earned.” —David Segura, CEO of Giant Media ©2012 eMarketer Inc.
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Metrics and ROI “We
measure aggregate views as well as impressions and earned media from mentions by influencers. We track the sentiment of that coverage and associated online comments and the engagement rate. Qualitatively, we track against themes mentioned in comments to determine whether they are consistent with our communications goals.” —John Watts, senior manager of digital marketing at Honda ©2012 eMarketer Inc.
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JunGroup study highlights
Facebook engagement is on the decline. Consumers are forgoing heading to an advertiser’s Facebook page in favor of going directly to websites. Made for the web isn’t always the way to go. Contrary to popular belief, the difference in engagement rates between repurposed TV commercials and ads specifically created for the web is negligible. Shorter isn’t always better. Ad length doesn’t have as much of an impact on completion rates as is commonly thought. Seventy percent of all views came from ads over 1 minute in length, while ads over 2 minutes were still completed 87% of the time. Source: Jun Group ©2012 eMarketer Inc.
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Conclusions: Social Video
Social video represents an evolution in digital video advertising. Social sharing has become an essential feature of online video. Marketers analyze sharing behavior to determine the best strategies for their social video efforts. Marketers use a combination of hard and soft metrics to measure the ROI of social video campaigns. Twitter – #eMwebinar ©2012 eMarketer Inc.
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Multi-Channel Consumer Insight James
Masuoka Teradata Aster Director, Solutions Marketing
51.
Disruptive Change Today
In Marketing • Proliferation of new digital channels continues • Forum, Pinterest, Social Video • Criticality to integrate cross- channel consumer insights - “40% of offline purchases started online” NRF Holiday 2011 research • Complexity of marketing mix demands data-driven decisions • Bringing the science of data to the art of marketing Multi-Channel Performance Measurements Are Not Optional Copyright © 2012 Teradata Corporation.
52.
Big Data to
Big Value Big Analytics – “Path to Owning Your Data Again” Business Big Data Big Data Discovery Platform Discovery Platform Insight A Discovery Platform is the shortest path between Big Data and Business Insight Copyright © 2012 Teradata Corporation.
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Those That Embrace
the Disruption With the Right Tools Will Have Competitive Advantage Social Networking & Digital Marketing & Advertising & Relationship Analysis Attribution Analysis Media Analysis • Social networking graph • Cross-channel attribution • Digital media consumer analysis analysis micro-targeting • Influencer Marketing • Online & Offline cross- • Organic & paid search • Crowd-sourcing channel behavioral patterns optimization • Virality analysis • Advanced click-stream • Advertising impression, analysis saturation & conversion • Content targeting • Online targeting for analysis personalization/ recommendations Need for deep data analysis…on TB’s to PB’s of data… with minutes to seconds response times Copyright © 2012 Teradata Corporation.
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Q&A Session
Learn more about mobile marketing with an eMarketer corporate subscription Social Video—The Next Wave in Digital More than 120 eMarketer reports are Advertising published each year. The following are a few recent ones you may be interested in: Best Practices for Content Marketing: Engaging Consumers Across Multiple Digital Platforms Social TV: Marketers Tune in to Deeper Integration The Changing Digital Landscape: Key Trends Paul Verna Marketers Need to Know Digital Video and TV Advertising: 16 Forces You will receive an email that will Help or Hinder Integration tomorrow with a link to view the deck and Brand Advocates: Scaling Social Media webinar recording. Word-of-Mouth Sponsored by: To learn more: www.emarketer.com/products Teradata Aster 800-405-0844 or webinars@emarketer.com ©2012 eMarketer Inc.
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