Marketing with Video and Rich Media Blog

The emergence of video in eCommerce

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Thanks to Doug Mack at Macktalk and the folks at VideoRetailer.org for highlighting a couple of eCommerce sites that are using video to promote their products. (Click on images to see video on their sites). Higher production costs, limited technical capabilities, different business priorities and lack of acceptance of web video in the marketing mix are all contributing factors to video’s slow uptake on eCommerce sites. By every indication however, 2009 is when video will start to gain traction on retail websites.

Two different approaches in the use of web video are highlighted above. eBags, a web-based retailer who have shipped over 10 million bags in the last ten years use video to highlight the use or application of their products in settings where the products would normally be used. This is a great way of getting buyers to envision themselves using the product. Littlewoods, a UK-based ‘online department store’  have just started to introduce video across their various product lines.  The example above shows clothing being worn by models. Other video clips in the clothing section include discussions about the features and benefits of the products being worn.  Buying clothes online still seems like a leap of faith to me, but using video to sell the product will certainly make the purchase decison that much easier.

The Future of Social Networks

 

Charlene Li, coauthor of the book Groundswell has put together a presentation that summarizes some of the key messages outlined in her book and that looks into the impact that social networks (people connecting online) and social technologies (Facebook, Tweeter, YouTube, Flickr, etc.) will have on businesses in the future.

There is no end of hype and excitement around the transformative affect that social media will have on businesses. Trusted marketing experts such as Seth Godin refer to the trends outlined in this book as ‘the next industrial revolution.’ (Subtlety is the first thing to go when you when you attain ‘Marketing ‘Guru’ status.)

The presentation is interesting, provocative and convinced me to buy the book. I’m inclined to suggest you do the same. (The revolution won’t wait for you…)

For more charts and more information on this survey follow this link to eMarketer.

 

eMarketer survey shows web-video sells

According to a recent comScore survey conducted in October the number of online shoppers who watched retail videos grew 40% in one year.  The survey points to product and service demonstration videos becoming powerful sales tools.

“Among the benefits of videos touted by Web retailers are a lower number of abandoned shopping carts, reduced return rates and higher sales,” reports eMarketer’s Jeffrey Grau on the significance of this study.  Creating video is just the first step. Grau ads that  “once retailers build up the video content on their sites, they will focus on turning their video assets into customer acquisition tools by pushing video to other sites, such as affiliates, social networks and video-sharing destinations. Retailers will also place community elements around their videos to make it easy for consumers to upload them to social networks, blogs, bookmarking services or e-mails.”

For more charts and more information on this survey follow this link to eMarketer.

Lenovo employs bad acting and bad taste in recent web video

 Any video that ends with the dialogue  “Man, that thing is huge”…
“That’s what she said,” probably needs a good edit.

Lenovo  – the Chinese electronics giant that bought IBM’s PC division a few years ago recently introduced the ThinkPadW700ds, the world’s first dual screen laptop. Starting at around $3000, it’s not cheap.  The marketing folks at Lenovo decided that a video targeted to the lowest common denominator would be a great way to promote this premium product. I’m sure they developed some really good rationalizations in the process:

“Come on… Sex Sells’
‘It’s a spoof, a parody, a mockumentary – don’t take it too seriously”
“Hey, it’s funny… ish”
“It’s retro – don’t you get it?”
“It’s viral”
“It’s suppose to look cheap”
“Sure it’s tasteless – but it will generate some wicked buzz!!!”
“You just don’t understand, this is what works in marketing 2.0 today”
“It’ll really appeal to young males aged 20 -35 with no social skills”

Of course much in marketing is subjective and what is ‘appropriate’ is open to a wide range of opinions. Appropriate or not, videos like these raise some interesting questions:

Would the owners of billion dollar brands (Apple, Nike, Coke, GE) produce a promotional video like this? … and does that even matter?
Is it ever appropriate to use things that may be questioned by some as being in bad taste?
Is it ever right to risk your brand image on something questionable?
When you perform focus testing and five people out of ten say “I wouldn’t use that,” do you listen to them and give it a pass or do you listen to the other five and soldier on?

Wordtracker’s smart use of video for sales support.

wordtracker Why doesn’t every company do this?

Wordtracker is a UK based company that develops web tools to help website owners identify key words and phrases to incorporate in their website to attract visitors. I recently signed up for a free seven day trial of their service. Like many web-based services today it is well designed, relatively easy to use and given the right amount of time and patience I could probably make good use of it. Having limited amounts of both I was very impressed to see that the initial ‘welcome to our service’ email notification also included an invitation to receive seven consecutive once-a-day mailings that would provide me with video-based tips on how to make the most out of this service.

I am currently on day two of my four minutes a day training and so far I am very impressed.  This is a great way to help people get the most out of a service and an even better way of gently moving them along the buying cycle. I wonder why every company doesn’t do this?

It’s easy to do, it provides tremendous value and I’m certain that it helps move people along the adoption curve. If you consider the cost of  creating post sale (or in this case – during sale) video-based help and training compared to the cost of everything that has gone on before it – the research , the development, the marketing etc. this last mile of effort could have a relatively huge affect on the final purchase decision. Or put another way – contrast the cost ratio of creating this support media (probably 1/100th of one percent of the total cost of the service) compared to the conversion rate (I would guess that this extra bit of training / support / nudging moves at least 10% of those considering buying after the trial to actually making the purchase) then creating these types of sales support services seems to be a no-brainer.

I remember many years ago doing some usability testing for a web-based service that a customer was using and being shocked that this particular user was only aware of about 50% of the capability of the service. They were ecstatic to find out that the service actually provided a whole lot more value. Then I wondered how many more people there were just like this customer. We decided to create and distribute post-sale material to ensure that every user was making the most of the service.

‘Be Brave’ – A brilliant PSA / Viral Video by Pfizer Canada

Pfizer Canada along with the Starlight Childrens Foundation introduced a viral video campaign to raise awareness (and money through donations) of the challenges that seriously ill  children face. The video was produced by Toronto’s Zig Studio who did a brilliant job at showing that love, support and courage can sometimes be the best medicine. Interestingly there is no dialogue in the video, just a powerful message with an emotional ending. This is not your standard viral video fare and will hopefully raise the bar for other companies looking to take advantage of social media.

Released in the fall it hasn’t received the attention or traction that it’s creators would have liked. It’s difficult to say whether it’s lack of notoriety is because of  lack of proper video seeding and promotion or whether YouTube viewers are simply more attuned to dancing cats and kids playing with light sabres. Either way it’s a great piece of video that Pfizer and it’s creators should be proud of.

The consequence of cheap displays, higher bandwidth and inexpensive storage

Steve Balmer, the CEO of Microsoft gave the keynote address at the recent Consumer Electronics show in Vegas and announced to the audience that the biggest opportunity for the consumer electronics industry is the convergence of screens – TV, PC, Mobile and other devices including tablets, kiosks and all other forms of consumer and professional displays. In his estimation, in the very near future “screens and displays will literally be everywhere.”

Balmer predicted that the division between the TV and the PC will finally go away and that a screen would simply be a device that you can get access to whatever content you want, wherever and whenever you want it.

The price of displays is dropping quickly: 32″ displays for under $500, 40″ displays for under $1,000 and these lower prices show no sign of abating. High-end screens - full HD (1080p) are quickly replacing 720p screens. At the same time digital storage is trending towards free (an external terabyte hard drive for $100 ) and bandwidth costs are slowly moving in the right direction.

What does all of this mean? As the means of displaying, storing and delivering video becomes cheaper and cheaper video will quickly becoming the dominant means of communicating for organizations.  Both B2C and B2B businesses (and government organizations)  will continue to evolve their marketing, outreach and communications activities to video.

Some immediate consequences of this phenomena:

  • We’re starting to see the hollowing out of the newspaper industry. Those that are likely to survive will have online news and video components to supplement their offerings. (The boomers can only keep them alive for so long.)
  • Magazine publishers are also adding video and rich media to their web presence.
  • Video displays are now standard in most retail outlets today and we are starting to see the proliferation of video to every unused indoor and outdoor surface because of the advertising, promotional and informational opportunities.
  • Online Live video – once only employed by well-financed organizations is being adopted by a wide variety of organizations as a tool for delivery immediacy and excitement in the form of events, broadcasts and live meetings.
  • Google continues to refine its Universal Search which includes images, video, blogs, news, local search and any information in any form to it`s search results. Video is popping up more frequently on Google`s first page results as Google continues to weight video heavily in its search algorithm. 
  • Internet devices (netbooks) and tablet computers are selling well – both of these devices are ideally suited for web-based delivery of video.
  • Most companies are adding video and rich media to their websites and experimenting with how the video portals can influence their brands.
  • YouTube is now available through Wii and Playstation consoles on your television.

Microsoft reinvents lame

Microsoft’s newest video promotion makes the “I’m a PC” guy look cool.

 

 
Microsoft has introduced a new application called Songsmith. It may well be a great application but the “High School Musical” style video promotion for the new software has to make you wonder what they were thinking. 

Perhaps they are smarter than everyone. Maybe they figured that if they made it just bad enough, if they appealed to virtually no one,  and took campy to new levels of lame that the blogosphere would light up talking about this new promotional video. If that was the plan - mission accomplished.

Maybe this was the plan too when they spent a cazillion dollars on those confusing and spectacularly unfunny Bill Gates and Jerry Seinfeld  promotions.

Microsoft’s official line is that it was a low budget marketing viral video created by two of the guys who coded the product (and who also starred in the video – good for them) . Of course ‘Low budget’ is a relative term. You have to know that they still spent more time and money on this ‘low budget’ diddy than most companies could afford.

The takeaway -  calling it a viral video doesn’t excuse it and certainly doesn’t mean the affect on your brand will be negligable.

Other notes:
1. Interesting APPLE references:  The little girl – who’s name is ‘LISA’ is using a Macbook Pro!
2. I think the most astute label I have read in reference to this video is “Craptastic.”
3. They should attempt a ‘Death Metal” version next.

Simple and direct is very effective.


Video ProductionWatch the top videos of the week here

Invisialign is a California based company that produces clear, removable teeth ‘aligners’. It’s two key points of differentiation with braces are that Invisalign’s product are easy to use and they are nearly invisible. The promotional video above highlights these two advantages in a very simple and very engaging manner. (Sure, having a presenter who looks and sounds like Demi Moore can’t hurt…).

This ad is very effective. It clearly and simply demonstrates the benefits of the product, it does so in a very engaging manner and it also tells a story which makes the presentation more real.

The production could not have been simpler – a close up of the presenter and a simple and direct call-to-action. There are a hundreds of different ways this promotion could have been created – many of them ‘award-winning’. Often simple and direct is the most effective route.

… and here is a Eurpoean promotion for Invisalign which likely cost a lot more to produce. Which one do you think is more effective?

Amazing Social Media, Web 2.0 and Internet stats

Adam Singer who writes the FutureBuzz blog has posted a list of ’49 amazing Social Media, Web 2.0 and Internet stats’. The numbers are impressive:

YouTube Stats

70,000,000 - number of total videos on YouTube  (March 2008)

200,000 - number of video publishers on YouTube (March 2008)

100,000,000 - number of YouTube videos viewed per day

Blogosphere Stats 

133,000,000 – number of blogs indexed by Technorati since 2002

346,000,000 – number of people globally who read blogs (comScore March 2008)

900,000 – average number of blog posts in a 24 hour period

For a list of 49 stats that cover Google Search, Wikipedia, Twitter, Facebook and Digg follow this link http://www.thefuturebuzz.com/2009/01/12/social-media-web-20-internet-numbers-stats/