MAD Perspectives Blog

 Video Marketing - A Follow Up

Peggy Dau - Monday, May 21, 2012

A month ago, we asked if you were ready to embrace video marketing. As often happens, additional facts, figures and reports have appeared that reinforce our belief that video must be a strategic element of your overall marketing strategy.  Here are some tidbits that we found interesting:

  1. Social Media Examiner's "Social Media Marketing Industry Repot 2012":

       "For the second year in a row - a significant 76% of marketers plan on increasing their YouTube and/or   video marketing.  This is slightly down from 2011 (77%).  Business with 26-999 employees indicated this is a key growth area, with 80% responding affirmatively.  Younger marketers (77% of those aged 20-49) are also more likely to increase their video production than older marketers (68% of those aged 60+)."

     2.  ComScore indicates that consumption of online video will continue to rise.  In the U.S.: 

- In 2010, 175 million viewers watched an average of 15.1 hours of online video per viewer.

- In 2011, 181 million viewers watched an average of 21.1 hour of online video per viewer.

          - In 2012, 192 million viewers will watch an average of 29.4 hours of online video per viewer    

    3. and Digiday, Q1 2012State of the Video Industry Report

        "Industry optimism is healthy.  96% of video buyers we surveyed estimate that their 2012       video ad budgets will increase by at least 23%."

    4.  Other tidbits:  

       - HD will become the standard

       - content will increasingly be consumed on wireless devices such as tablets and smartphones

       - people are becoming more savvy, creating demand for quality and originality

Video will continue to challenge and intrigue us as we seek the best methods to engage our customers. Planning will address issues such as good storytelling, tagging to ensure search engine optimization and click-thrus to your website and marketing strategy integration (including social media!). Your goal is simple - to get the highest possible return on your video marketing investment. So, we'll ask again - are you ready to embrace video marketing?

What's your perspective?