Online video advertising has become an unstoppable force, captivating the attention of millions around the globe. With global video ad spend projected to soar to $295 billion by 2026, it’s clear that businesses are embracing this powerful medium.
However, modern consumers have become savvy and rather picky. They desire video content but despise intrusive videos with sound.
Therefore, marketers must navigate this tricky terrain and create valuable and relevant video ads that go beyond the traditional. Advanced solutions for viewer engagement, varying ad lengths, interactive and personalized ads, and captivating storytelling are just a few of the trends that will keep audiences glued.
And as mobile video ads look set to dominate the future landscape, the key to success lies in measuring engagement, lead generation, and purchases. Cost-effective, shareable, engrossing, and flexible, online video advertising opens the door to endless possibilities for imaginative campaigns.
By choosing the right KPIs, collaborating with experienced production companies, and exploring different types of video ads, marketers can create magic that captivates and compels viewers. So, brace yourself for a journey into the dynamic world of online video advertising, where the possibilities are as boundless as the imagination.
online video advertising
Online video advertising is a rapidly growing and highly lucrative industry, with global video ad spend projected to reach over $295 billion by 2026, with the majority of it on mobile platforms. There are various types of video ads, including in-stream, non-linear, rewarded, native, and shoppable ads.
Consumers have shown a strong appetite for video content from businesses, with 54% of them wanting more. However, it is essential for marketers to create valuable and relevant video ads, as 67% of viewers find videos with sound annoying.
Despite this, 89% of marketers see good return on investment (ROI) from video ads. The placement and timing of video ads are crucial to minimize disruption.
Today, advanced video advertising solutions are widely used to engage viewers effectively. The industry is evolving with varying ad lengths, interactive and personalized ads, and storytelling.
Mobile video ads are predicted to dominate in the future. Key performance indicators (KPIs) for video ads include engagement, lead generation, and purchases.
Marketers tailor video ads to target different phases of the buyer’s journey: awareness, consideration, and conversion. Advantages of online video advertising include cost-effectiveness, shareability, engagement, and flexibility.
Starting gradually and scaling up investment in video ads is advisable. Programmatic video ad spend is expected to reach almost $75 billion by 2023.
Consumers prefer video content as it sticks in their minds, and native ads blend seamlessly with the content. Examples of effective video ads showcase the potential of this medium.
To increase audience engagement, one should pay attention to share counts, views, and comments. It is recommended to choose the right KPIs, work with an experienced production company, and consider different types of video ads for effective campaigns.
To begin using online video advertising, start on the Outbrain network.
Key Points:
- Online video advertising is a rapidly growing industry, with global video ad spend projected to reach over $295 billion by 2026, mostly on mobile platforms.
- There are various types of video ads, including in-stream, non-linear, rewarded, native, and shoppable ads.
- Marketers need to create valuable and relevant video ads, as 67% of viewers find videos with sound annoying, but 89% of marketers see good ROI from video ads.
- Advanced video advertising solutions are widely used, with varying ad lengths, interactive and personalized ads, and storytelling.
- Mobile video ads are predicted to dominate in the future, and key performance indicators for video ads include engagement, lead generation, and purchases.
- Advantages of online video advertising include cost-effectiveness, shareability, engagement, and flexibility.
Sources
https://www.youtube.com/ads/
https://www.outbrain.com/blog/online-video-advertising-guide/
https://advertising.amazon.com/solutions/products/video-ads
https://www.criteo.com/blog/online-video-advertising-guide/
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💡 Pro Tips:
1. Utilize advanced video advertising solutions to increase viewer engagement and effectiveness of your ads.
2. Pay attention to placement and timing of video ads to minimize disruption and enhance user experience.
3. Consider varying ad lengths, interactive features, and personalized content to stay on top of video advertising trends.
4. Start gradually and scale up your investment in video ads to ensure the best cost-effectiveness and return on investment.
5. Explore programmatic video ad options, as this market is expected to reach nearly $75 billion by 2023, providing significant opportunities for advertisers.
1. Global Video Ad Spend Projected To Reach Over $295 Billion By 2026
The world of advertising is rapidly evolving, and online video advertising is at the forefront of this transformation.
According to industry experts, global video ad spend is projected to reach a staggering $295 billion by 2026. This exponential growth is driven by the increasing popularity of online video consumption and the potential it offers for businesses to reach their target audience.
Key takeaway: Online video advertising is becoming an increasingly vital aspect of any effective marketing strategy, and businesses must embrace this medium to stay competitive in the digital landscape.
2. Different Types Of Video Ads: In-Stream, Non-Linear, Rewarded, Native, Shoppable
Online video ads come in various formats, each serving a different purpose and catering to specific advertising goals.
Some common types of video ads include in-stream ads, which appear before, during, or after the main video content; non-linear ads, which overlay the video player without interrupting the viewing experience; rewarded ads, which offer users an incentive, such as extra content or virtual rewards, for watching the ad; native ads, which seamlessly blend into the surrounding content; and shoppable ads, which allow viewers to make purchases directly from the ad itself.
Key takeaway: By understanding the different types of video ads and their unique advantages, marketers can tailor their campaigns to achieve specific objectives and maximize engagement.
3. Consumers Want More Video Content From Businesses
It is no secret that consumers have a strong appetite for video content.
Studies have shown that 54% of consumers want more video content from businesses. Videos have become a preferred means of consuming information and entertainment due to their ability to convey messages in a concise, engaging, and visually appealing manner.
Moreover, video content has the power to evoke emotions and create a lasting impression on viewers, making it an effective tool for brand storytelling and establishing a deeper connection with the target audience.
Key takeaway: To meet consumer expectations and effectively engage with their target audience, businesses must prioritize incorporating video content into their marketing strategies.
4. Annoyance Of Video Ads With Sound
While video advertising offers immense potential, it is crucial for marketers to strike a balance between capturing attention and avoiding annoyance.
According to a survey, 67% of consumers find video ads with sound annoying. This highlights the importance of using non-intrusive audio options and providing control to the viewer.
To ensure a positive user experience, marketers should consider utilizing autoplay videos without sound, allowing users to activate the audio manually or providing captions for viewers who prefer to watch without sound.
Key takeaway: Marketers should be mindful of user preferences and adopt strategies that minimize annoyance, such as utilizing sound control options or providing alternative ways to engage with the video content.
5. Marketers See Good ROI From Video Ads
Investing in video advertising can yield significant returns for marketers.
In fact, a whopping 89% of marketers report seeing a good return on investment (ROI) from their video ad campaigns. This indicates that video advertising is not only effective in capturing the attention of the target audience but also in driving valuable outcomes, such as increased brand awareness, lead generation, and conversions.
Additionally, the ability to track and measure the performance of video ads provides marketers with valuable insights to optimize their campaigns and ensure they are delivering the desired results.
Key takeaway: Video advertising offers a promising ROI for marketers, making it a worthwhile investment for businesses looking to achieve their marketing objectives.
6. Importance Of Creating Valuable And Relevant Video Ads
In a landscape saturated with content, it is crucial for marketers to create video ads that stand out and provide genuine value to viewers.
Simply bombarding potential customers with generic, sales-oriented messages is no longer effective.
To maximize the impact of video ads, marketers must focus on creating content that is relevant, engaging, and resonates with their target audience. By understanding the target demographic and identifying their needs and pain points, marketers can create video ads that provide valuable information, solve problems, or simply entertain.
Key takeaway: Creating video ads that are valuable and relevant to the target audience is essential for capturing attention, building brand loyalty, and driving conversions.
7. Placement And Timing Of Video Ads For Minimal Disruption
One of the critical considerations in video advertising is the placement and timing of ads to minimize disruption to the viewing experience.
While video ads can be an effective way to engage with the audience, an intrusive or poorly timed ad can lead to frustration and disengagement.
By strategically placing video ads at natural breaks or transitions in the content, marketers can ensure minimal disruption while still capturing the viewer’s attention. Additionally, considering factors such as video length, ad frequency, and individual platform nuances can help optimize the ad experience.
Key takeaway: Thoughtful placement and timing of video ads are crucial to maintain a positive user experience and maximize engagement.
8. Advanced Solutions For Viewer Engagement In Video Advertising
To enhance viewer engagement, marketers can leverage advanced video advertising solutions.
Innovations such as interactive and personalized ads offer viewers a more immersive and tailored experience, resulting in increased engagement and brand recall.
Interactive ads allow viewers to actively participate and engage with the video content, such as choosing different story outcomes or interacting with product features. Personalized ads, on the other hand, utilize data insights to deliver tailored messaging or product recommendations to the viewer, enhancing relevance and appeal.
Key takeaway: By incorporating advanced video advertising solutions, marketers can create a more interactive and personalized experience for viewers, fostering increased engagement and brand affinity.
9. Trends In Video Ads: Varying Lengths, Interactive And Personalized Ads, Storytelling
The landscape of video advertising is continuously evolving, with several trends shaping the industry.
Marketers are increasingly experimenting with different ad lengths to cater to varying consumer preferences and attention spans. These range from short ads that provide quick messages to longer narratives that allow for more in-depth storytelling.
Another significant trend is the rise of interactive and personalized ads, which enable viewers to actively engage with the content and make it more relevant to their individual preferences and needs.
Moreover, storytelling has emerged as a powerful tool in video advertising. By crafting compelling narratives that resonate with their target audience, marketers can create a lasting emotional connection and establish a memorable brand identity.
Key takeaway: Keeping up with the latest trends in video advertising, including varying ad lengths, interactive and personalized ads, and storytelling, can help marketers create impactful campaigns that resonate with viewers.
10. Mobile Video Ads Predicted To Dominate In The Future
As smartphone usage continues to skyrocket, mobile video ads are predicted to dominate the video advertising landscape in the future.
With mobile devices becoming the primary screen for many consumers, businesses must optimize their video content for mobile viewing and capitalize on the potential to reach their target audience on-the-go.
The shift towards mobile video advertising opens up new opportunities for marketers to engage with a broader audience and deliver their messages in a highly accessible and immersive format.
Key takeaway: Marketers should prioritize mobile optimization and adapt their video advertising strategies to cater to the growing mobile-centric audience to stay ahead of the competition.
In conclusion, online video advertising is a rapidly expanding sector with significant potential for businesses to reach and engage with their target audience. With global video ad spend projected to reach over $295 billion by 2026, marketers must leverage the different types of video ads available and create valuable and relevant content to maximize reach and engagement.
By considering placement and timing, adopting advanced solutions for viewer engagement, and keeping up with emerging trends, marketers can harness the power of online video advertising to drive successful campaigns and achieve desired outcomes. So, start exploring the vast possibilities of video advertising, measure your success with the right KPIs, and consider partnering with an experienced production company to create impactful campaigns.
And, don’t forget to join the Outbrain network to leverage their platform for effective video advertising strategies.