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Archives for July 2011

OMMA Video Conference 2011 highlights

“VIDEO EXPLODES” was the theme of the 2011 Omma Video Conference.

The demand for online video advertising is increasing, and the spending for online video is expanding. To be competitive in today’s market, understanding online video is vital.

The 2011 OMMA Video Conference covered what marketers, advertisers, business owners, et al should know about video on the Internet.

Keep up with the most recent developments with these highlights from OMMA Video 2011.

User-choice ads panel highlights video potential

VivaKi led online video research group called the Pool. This research group uncovered that user choice-initiated pre-roll ads are the way to go for publishers and advertisers alike.  What can we take away from this?

  • Don’t assume traditional creative for TV will work online, need to test and adapt – Kathryn Friedrich, Head of Display, Media & Entertainment, Google
  • Viewership means reach and frequency – Brian Shin, CEO, Visible Measures
  • Ad choice indicates intent
  • No need to try to empower users, they already are empowered. Better to adapt and earn more media by being better.
  • Give people the opportunity to choose to watch ads – ups the ante for creative programming
  • Ads can morph into content – and go viral – by empowering users with choice
  • Consumer choice for ads – ASQ – only the tip of the iceberg

Brand video creation tips from Denny’s “Always Open” campaign

To remain competitive in their niche market, Denny’s joined forces with creative venues DumbDumb, Electus, Gotham, and Ensemble to launch an online video series.  Their clever collaboration created the successful “Always Open” series, featuring comedic guests such as Sarah Silverman and Amy Poehler.  Take away some of these pointers on how to create a successful brand-content campaign.

  • Denny’s challenge: How to “age down” a nearly 60-year-old-brand
  • Brands need to reflect the spirit of the brand and be unique to the brand
  • Great opportunity to bring contextual creative to a brand
  • Celebs aren’t required to promote their Denny’s spots, but they do b/c they’re proud of the work
  • Denny’s “Always Open” videos become a desired destination for celebrity guests such as Sarah Silverman
  • Some viewers didn’t realize Denny’s Always Open videos were sponsored
  • Has to be something people will watch
  • Denny’s “Always Open” campaign brought it into the conversation of the core demographic
  • “South Park” episode spoof an example of earned media

YouTube

  • 150 years of YouTube videos are viewed on Facebook EACH DAY
  • After watching YouTube videos 30% will share them
  • 400+ videos are shared each minute

Funny or Die

  • Funny or Die custom creates a content and social media program for brands based on the goals – clarity from the outset is key
  • Funny or Die T-Mobile case: created videos & allowed voting via social media and linked to others’ networks
  • From Day 1, Funny or Die engaged with users: Part of its DNA, asking if video is funny or should die

When it comes to online videos, making sure you always have in mind your target audience is key.  As Mindshare‘s Andy Chapman states, “We need to get more sophisticated when it comes to determining target audiences in video.” When you know who you are targeting, you can build your best content and campaign around it.  Be open, be creative, and have fun.

Integrate search and social, then measure ROI

Measuring social media ROI may seem intimidating to most, but according to Jeff Selig, Director of Analytics at Overdrive Interactive, it can be measured.  Read on and follow along with his presentation to learn how to succeed in marketing as universal search becomes the universal norm.

Jeff presents how search and social are merging and how marketing strategies should adapt to this change.  Jeff also gets into the nitty-gritty of measuring social media return on investment at NEDMA 2011.

Download Jeff Selig’s presentation.

Integrate search and social

  • Editorial calendars are key to keeping the conversation going
  • Establish your workflow and create engagement points ahead of time

 

Jeff Selig of Overdrive Interactive presented this Content and Conversation Strategy slide at the 2011 NEDMA conference..

Jeff Selig's Content and Conversation Strategy slide from his 2011 NEDMA presentation.

 

Social media buttons add octane to impressions 

  • Have to be platform-agnostic – See where audience is and how your message should cater to your audience
  • Facebook – Weigh how many people saw message against those who responded
  • Twitter– is like the rain, not going to hit every drop
    • The odds of getting retweeted when you include ‘tips’ ‘how to’ or numbers in a tweet is very high
  • YouTube – Embed, use star ratings, note how it interacts with other sites
  • LinkedIn – Rolodex of this decade; note analytics that show who’s looking at your company

 

Social Media ROI Landscape presented by Jeff Selig at NEDMA 2011 conference

Social Media ROI Landscape presented by Jeff Selig of Overdrive Interactive at NEDMA 2011 conference

Clicks are just 1 step in the process

  • Need to start to develop talent and thought-leadership; apply Six Sigma to social
  • Get entire organization to contribute with comments, blog posts, Tweets from everyone
  • Saw 1400% increase in blog traffic when instituted comment engine
  • Tracking – bit.ly

B2B sales conversion funnel

  • Tweet
  • Form filled out
  • Sales lead
  • Call

Attribution modeling not getting enough attention. It’s not about not first vs. last touch, but nurturing

Costs

  • Hard costs
    • IT
    • E-marketing
    • Marketing

How do you stack up against competitors?

  • Audit social media activities & build traffic around it
  • Need a strategy beyond “we’re awesome”
  • Need brand identity to stand out on social profiles
  • Community monitoring
  • Blogger outreach

It’s not just about how much you’re out there, but what’s your traction like, how quickly are you acquiring followers and interactions?

Fans

  • Not all fans are created equally
  • Ask: How influential is this 1 person? Who’s following them?

Benchmarking of ROI for social media

  • Establish a baseline
    • Look at year-over-year growth
    • What am I saying each time?
    • What’s the social component of my transaction?
  • Measure net new customers:
    • When were they last here?
    • How much did they spend last time?

How much info, how many people, how many channels?

Social media strategy ROI

  • Get your message out in a timely, compelling manner to advance your financial goals
  • Create a baseline & an activity timeline
  • Then look at sales revenue & measure transaction precursors to gauge social media ROI

As search and social become increasingly integrated, learn how to combine them in your campaigns.  Be social, be aware, and set goals for your business.  If you keenly measure the behaviors of your audiences, you will be able to adapt your business strategies to their behaviors.