created 10 months ago | Tagged:
If you have used the Internet in the past three years, chances are you have watched an online video. Video is everywhere. Our friends post funny cat videos on our timeline. Our coworkers pass along inspirational messages about success. Our favorite brands showcase their products in inventive ways. Nearly every site you visit has a video displayed in some form. As a result, video has rocketed in viewership--and there's no sign of it slowing down.
1. More and more users are consuming their video entertainment online Study after study after study shows that more people are using the internet to consume video. In April 2012, ComScore reported that the average viewer watched nearly 22 hours of video in a single month. Most likely, those 22 hours were broken into many short-form videos, each being watched for just a few minutes at a time. The market is moving more toward catering to the Facebook generation's attention span--quick videos that are aimed to inspire, provoke, or excite. Likewise, the viewing experience on tablets devices such as the iPad make short-form content even more enjoyable. Apps, especially in the travel realm, are using HD video to engage audiences. Desktop and laptop viewers and tablet audiences continue to consume more and more short-form video--and marketers are seeing a big opportunity arise.
2. Marketers are using video to engage social media audiences If you truly want to measure a trend's staying power and rising popularity, there's one metric that almost never fails. Can you make money from it? If the answer is yes, and there is a lot of opportunity to do so, then you can bet that it will stick around for some time. With online video that is definitely the case. Brand marketers have found great ways to engage audiences and create brand loyalists through online video, especially through their Facebook brand pages. Look no further than a brand like Red Bull to see how this can be done perfectly. With more than 27 million Facebook fans, Red Bull, an energy drink company with an extreme sports edge, must be doing something more than just updating their status about their newest flavor.
3. Barriers to entry are low With the barriers to entry continually being broken down with advances in technology, filmmakers now have the ability to create content--all in beautiful HD--for a much lower price tag than ever before. DSLRs, with the Canon 5D, 7D, and 60D leading the charge, have evolved into amazing filmmaking machines. Videographers now have the ability to create amazing looking shots for a fraction of the cost of even half a decade ago. Throw in a nice mic, a high-quality sound recorder, a tripod, and a bit of editing pizzaz and you can make some very compelling videos.