Last year 10% of audiences caught their favorite shows online.
Brands are catching on to the idea that they can create custom content and attract the right audience. Where is this custom content being viewed? Online. By the end of the year, an estimated 40% of programming will be viewed through the Web, says James McQuivey, an analyst at Forrester Research. Internet advertising in the United States will grow eight times faster than the overall market, surpassing newspapers, cable TV, and broadcast TV by 2012, IDC predicted today. The Yankee Group expects the market to reach $50.3 billion by 2011, double the amount of 2007.
Marketers have found a new way to try to keep viewers from tuning out their ads: offer them online programming created by the marketers themselves, often with help from their advertising agencies, says The New York Times.
One way is to sponsor content that appeals to your audience – National Geographic’s Dog Whisperer is virtually owned online by Petco, writes Brandweek.
Some brands are investing in their own channels and shows. What is called Advertorial in print has become advertainment online.
Chivas This is the LIfe has a channel on MSN.
BlendTec has made entertainment out of their product testing with the Will It Blend videos. Now they’re doing co-branded content
Just a year ago MySpace announced branded channels with custom content from National Geographic, The New York Times, Reuters, The Daily Reel, Expert Village, Flow, IGN Entertainment, Octane TV, Kush TV, Ripe TV, VBS TV, and Young Hollywood.
Sites like Kyte and FlexTubeTV allow you to produce your own branded content channel online. This Is 50, is the online destination site for articet 50 cent. It’s part hip-hop/pop culture blog, part fan community, and part original content destination.
Heavy.com aims at men ages 18-34, They offer an online dating reality series using partially user-generated content and a show that won a Webby Award for the sports category in Online Film & Video.
I’s a no-brainer for travel and tourism sites. eMarketer projects Online travel sales in the U.S. sales will reach nearly $146 billion in 2010, up from nearly $127 billion in 2009 and $110 billion in 2008. Travel bookings surpassed offline bookings in volume for the fitrst time in 2007, according to PhoCusWright. Any travel or tourism destination that is not using online video is missing a huge opportunity. Video is a major influencer in travel sales.
Have you thought about how you could use online video to build your brand, engage loyal customers and offer content that they want to watch and come back for?
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