LIVE From OMMA - Online Video Research

Dynamic Logic/Millward Brown just presented some interesting results of research they recently completed:

As the graphic above shows - all video ads are not created equal. But if done correctly, online video can be monetized very successfully.

According to Dynamic logic, the most effective online ads require the following:

  • Creative intrinsically related to the brand - e.g. integrated into the storyline.
  • Leverage unique features of the net to create an interactive experience.
  • They must be enjoyabnle and entertaining
  • Content needs to be synergistic with offline marketing efforts
  • The message of the brand must remain constant through companion ads.

As a whole they broke it down to the acronym LEGS: Laugh out loud funny, Edgy Gripping and Sexy. Online video ads can push the envelope a little more than traditional marketing and are they are rewarded for ingenuity.

Millward Brown also discussed their CTV-1 study in which 3,030 people viewed a specific tv show in one of three specified viewing environmnets (live TV / VOD / Online) and then was surveyed to determine engagement afterward.

The Results:

  • Live TV and VOD viewers were equally likely to be focused on a show. Online viewers were most engaged, least likely to multi-task.
  • DVR viewers skipped through the ads by fast forwarding, online users did not.
  • Live TV & VOD users were equally likely to remember the ads - DVR viewers apparently noticed the ads even while fast forwarding through them.
  • Those that viewed content online were most likely to remember it, likely due to the frequency to viewing the brand advertisement. Online viewers were also most favorable to the brand.

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