2005: The birth of Youtube2006: Ronaldinho and touch of gold2007: 5min etc. is born2008: Lonelygirl + other comedy shows spawn2009: Hulu launches2010: Most brands realize they need to create a multitude of content to stay relevant.
A lot of Youtube’s video discovery and consumption also takes place on 3rd party sites (See grey table for examples)Videos viewed at YouTube surged from 6.3 billion in Jan '09 to 13.2 billion in Dec '09. To put this in perspective, Google closed its acquisition in Nov '06. In Jan '07 (the first month comScore publicly released online video data), YouTube notched 1.2 billion views. That means that in the 3+ years that Google has owned YouTube, it has grown more than 10x in size. More amazing is that even with all the growth by other sites (particularly Hulu), YouTube has kept up its approximate 40% share of the overall online video market, starting the year at 42.9% and ending at 39.8%.
Looking at why online publishers increasingly are adopting online video can give us an indication of what video brings. Interestingly, most publishers are actually adding video to their site to increase engagement, visitors and to strengthen their brand – commercial interests are secondary.Funnily enough almost 10% answered that it was because their boss told them too!!!!
Advertisers have budgets - but need of audience & relevance (content) Media companies have audience – but need budget and relevance (content)Content creators have content – but need funding and audience
Red Bull Stratos, a mission to the edge of space, seeks to surpass limits that have existed for 50 years. Felix Baumgartner will undertake a stratospheric balloon flight to 120,000 feet and attempt a freefall jump targeted to reach – for the first time in history – supersonic speeds.The Stratos Project wants to conwuer a total of 4 world records (Speed of sound, Freefall altitude, Highest manned balloon flight altitude, Longest freefall duration) one of them is 50 yo. Several people tried, all failed, and some died.The record has been standing since August 16, 1960 – when Col Joseph Kittinger jumped from 102.000 feet.Felix and aerospace expert Art Thompson shared this vision with Red Bull in –and the Red Bull Stratos mission was born. Since then several partners have been added to the project:Nokia: As the official global mobile sponsor, Nokia has developed the Red Bull Stratos application to monitor this groundbreaking project. Available exclusively through Ovi Store by Nokia, users can learn more about the mission’s progress by reading articles and watching videos from the Red Bull Stratos team of experts. Nokia users can also follow the countdown, stream the final jump in real-time and watch Felix Baumgartner’s pulse race by monitoring his biometrical data before, during and after the jump.Microsoft: Microsoft is the global media technology partner for Red Bull Stratos. Microsoft’s Silverlight and IIS Smooth Streaming technology bring an interactive live experience in High Definition to web viewers worldwide – supported by Bing mapping technology. The partnership is now in its implementation phase, during which the Stratos Live Cast technology platform will be build, the number of digital marketing channels expand ed and a number of high-profile Live Cast syndication partners to achieve maximum viewership of the event around the globe will be selected.BBC will produce and air a documentary about the whole project.
Agencies will need to have capabilities to support a full funnel content strategyThey need to be able to produce more and engaging content for less.Brand demand distribution to a fragmented audience – media needs to be close.
- From 1960 to 2005 Unilever wins close to 200 traditional Cannes Lions awards, setting new standards for creative excellence and effectiveness-Dove’s Evolution marks the symbolic transition from transmission to conversation for the company, earning them 25mil views, double digit sales lift and the grand prix award at Cannes - 2007-2010:Three years ago, Unilever and its agency set the gold standard for branded entertainment online with "In the Motherhood," an original MSN series starring Leah Remini and Chelsea Handler sponsored by Unilever's Suave (as well as fellow Mindshare client Sprint). The series' second season garnered more than 15 million views and led to the development of a (short-lived) ABC sitcom of the same name -- the first time a web series had ever been turned into a broadcast prime-time series.
From Hollywood to Madison Avenue “A tale of fundamental changes in advertising” Cannes Lions 2010
Video improves branding Source: Dynamic Logic & Doubleclick study, June 2009
Publishers and online video Source: Brightcove and Tubemogul, q1 2010
Video has ‘critical mass’ 86m 112m 116m 114m 170m More than 170 million US viewers watch an average of 182 videos online, or a total of 35bn videos in Feb 2010 Source: GlobalWebIndex.net and ComScore
How does engagement look? What the users are telling us
Nokia’s approach to content Embracing online for branding
The Online Evolution 2000-2007 2008 2009-2010 Nokia get’s first real online video success with “Get out and play” and “Bruce Lee ping pong” gathering 5-10mil views Nokia is slowly moving to digital, but remains largely traditional in choice of formats Nokia’s creation teams are adopting increasingly strategic models for working with content and distribution.
Owned Media Earned Media Distribution Opinion 18 134 105 655 Viewing patterns Sharing and CTR
Implications for ’our’ agencies Media Online video is moving from tactical to strategic (content for both earned, bought and earned) Audience One lead piece is not enough to satisfy users (A dandelion approach to content) Content Creative concepts can come from many sources (both internally and from ’new’ external sources)
Why agencies should worry from 30sec spots to partnerships
The road ahead… Expand own capabilities to cover full funnel and planning/media Partnerships to supply own capabilities in key areas
The “evolution” of a giant… 1960-2005 2005-2006 2007-2010 Unilever perfects traditional TV advertising, beginning with their 1961 OMO Cannes Lion Simon Clift takes over as Unilever CMO and Dove’s “Evolution” marks the start of a branded content era. In the motherhood sets the standard for branded entertainment. Multiple projects follow. Unilever named advertiser of the year 2010
“I would certainly single out the task of getting our brand messages heard in an environment of breathtaking media fragmentation. We may be ahead of our competitors, but we’re most definitely behind consumers. This internet thing is much bigger and more interesting than just finding successors to TV advertising. “ - Simon Clift, outgoing Unilever CMO