Big Brand Video Advertising on a Small Business Budget

Phil Nottingham
Phil NottinghamVideo Strategist
SLIDESHARE.NET/PHILNOTTINGHAM@philnottingham
BIG BRAND VIDEO ADVERTISING
ON A SMALL BUSINESS BUDGET
PHIL NOTTINGHAM // Wistia //
First, a problem…
This is what most big brands are doing…
It starts with non-strategic
creative planning
In rooms like this
“We need to increase awareness
of our offering in the market”
CMO OF A BIG COMPANY
A big
advertising
campaign is
the assumed,
unchallenged
answer
“I’ll call Shoreditch”
MARKETING DIRECTOR
Big Brand Video Advertising on a Small Business Budget
“We want consumers to know that we’re faster,
better and cheaper than everyone else”
CLIENT MARKETING DIRECTOR
“How about we do a thing where dogs play chess?”
AGENCY CREATIVE DIRECTOR
“Perfect. Our Budget is £1M.”
CLIENT MARKETING DIRECTOR
• Fluffiest Dogs
• Most Attractive Actors
• Professional Crew
• Best Cameras
• Grading
• Custom Musical Score
Arbitrary Budget Allocation
• Every Available Channel
• Every Available Targeting
• Every Available Format
• Creative agency
do this for free as
part of pitch
The implicit aim is to get the
best looking video in front of as
many people as possible
On Every Conceivable Channel
The KPI: # Views
Media Agencies Create Reports Like This
“Almost 300,000 Relevant Users
Watched The Video”
MEDIA AGENCY REPORT
“300,000 Browsers Delivered a 200
Response Code”
REALITY
YouTube Count a “View” When Users are Distracted by Other Things
Facebook counts a
“view” when someone
wafts past your video on
their phone
The Campaign Goals: Increase
Brand Awareness (+20%?)
Statistically insignificant awareness surveys are
under taken until they product the desired answer
Sometimes via YouTube surveys, where respondents are
incentivized to just give any quick answer to dismiss the ad
Applause
Conversation
Amplification
Aggregated Likes
Aggregated Comments
Aggregated Shares
Some companies will also track social
engagement metrics
Implicitly assuming is that an improvement
in these represents an improvement in brand
awareness & affinity
“We saw a +35% increase in brand
amplification rate”
MEDIA AGENCY ACCOUNT DIRECTOR
“This campaign had 14 more shares
than the one we did last year”
TRANSLATION
This video went viral
Big Brand Video Advertising on a Small Business Budget
It did nothing for the brand
Viral Videos Don’t Necessarily
Increase Brand Awareness
£1,000,000 is a lot
of money for this
1. Creative
2. Budget
3. Channels
4. Targeting
5. Metrics
6. Goals
1. Goals
2. Metrics
3. Channels
4. Targeting
5. Budget
6. Creative
The Model Needs To Be Flipped
1. Goals
Target Changes in User Behaviour
Branded Search Clicks
2. Metrics
Measure Impact, Not Impressions
“The number of impressions is not the
number of people impressed”
“The number of likes is not the
number of people who like it”
One person
truly engaging
with your
content…
…is worth far more than hundreds of people
being exposed to it in passing
Engaged Views
Thruplays >25% Views
Percentage measurement makes shorter videos
seem more effective
But a 25% view of a long video is better than a 25% view of a short video
The “Watch Time” Metrics We’re Given are Nonsense
In reality…. ~2000 Views & 1,301 Minutes Viewed
Qualified Time Watched
Efficacy Metric
Cost Per Qualified Minutes Watched
Efficiency Metric
We Can Do Better
Qualified Time Watched Calculator
wi.st/timewatchedyt
wi.st/timewatchedfb
3. Channels
Distribute Where You Can Best Communicate
Active
Browsing
Passive
Browsing
Restricted Media Type
Fluid Media Type
“Where can you tell the best story?”
Phil Nottingham
Big Brand Video Advertising on a Small Business Budget
Most Watched YouTube Video Ever
Video = Aural + Visual
YouTube = Aural+ Visual
TrueView For Action
A Direct Response Format That Builds Brand Awareness
1
Big Brand Video Advertising on a Small Business Budget
Big Brand Video Advertising on a Small Business Budget
YouTube = Aural+ Visual
Facebook = VISUAL+ Aural
Carousels Allow for Multi-Asset Campaigns
Sequential Advertising Enables Episodic Storytelling
Everyone is served
video 1
If you watch video 1,
you get video 2
If you watch video 2,
you get video 3
4. Targeting
Prioritise Behavioural And Contextual Triggers
Custom Audiences & Targeting Groups
• Watched >75% of other video
• Looks like existing Page Likes
• Looks like existing customers
• Custom intent based on high performing non-brand PPC
5. Budget
Optimise Spend for Impact
“How much does production quality
matter in video advertising?”
SOMEONE IN THE AUDIENCE
We created three ads for our video creation
application, Soapbox
Budget: $1,000
Camera: iPhone X
Budget: $10,000
Camera: Canon C300
Budget: $100,000
Camera: Arri Amira
Production
Budget
$1K
$10K
$100K
Cost Per
Install
$12.82
$6.66
$10.87
Cost Per
Engaged View
$0.37
$0.36
$0.43
Avoid Arbitrary Budget Allocation
Align Spend With Impact
6. Creative
Show, Don’t Tell
Creative Starting Point:
Product Value Proposition
Soapbox Value Proposition:
Anyone Can Be A Video Producer
Big Brand Video Advertising on a Small Business Budget
This idea is only a problem if it’s divorced from the
value proposition of your product or service
It’s perfectly possible to create a fantastic ad
with an iPhone
Buy a
good
tripod &
adapter
Invest a small amount to improve the
quality of the audio
Split test different edits before launch
Remember that your video doesn’t
need to go viral
It just has to appeal to the few
people who will really care about
what you have to offer
FIND YOUR NERDS
Thank you!
@philnottingham
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Big Brand Video Advertising on a Small Business Budget