Industry News | In Practice | The Bigger Picture | Digital Marketing | Your Business | Latest Research

Latest Articles

How to evaluate your business idea

All successful businesses were once just a spark of an idea, a momentary “What if…?” moment that shifted your business brain into first gear. By Simon Goble.

more

Humour wins on social media, study finds

Online videos drive deeper engagement than text articles, according to a new study, with humour attracting the highest amount of likes, shares and comments. However, adverts and a lack of video quality can turn people off. New Media Knowledge took a closer look. By Chris Lee.

more

The Future High Streets Forum and multichannel retailing

The recent launch of the Future High Streets Forum is testament to the fundamental changes the high street has undergone. The move to online has arguably been one of the most significant factors contributing to this change so it was a surprise that the first meeting of the Forum did not discuss the influence of ecommerce and digital on retailers. Tony Heyworth, International Marketing Director, LivePerson, looks at how retailers can take advantage of ecommerce and, more specifically, multichannel, to engage their customers on the future high street, today.

more

Related Articles

Marketers told to embrace online video marketing at Internet World

Filed under: All Articles > Industry News
Tags:
By: NMK Created on: May 17th, 2011
Bookmark this article with: Delicious Digg StumbleUpon

Video will make the Internet what it always meant to be, according to one of the presenters at Internet World in London. New Media Knowledge was there to find out more. By Chris Lee.

By Chris Lee

Online video marketing is one of the hottest topics in Internet Marketing right now. Not only does video enable organisations to add rich, engaging and shareable content to their website, but they can also benefit from search engines’ increasing respect for sites which contain video content.

Nearly two-thirds (60 per cent) of Web traffic involves online video, according to research group Forrester, a figure which network technology company Cisco believes will rise to 90 per cent by 2013.

The business case for video marketing

“The Internet would have been just video if it could have been,” according to Fergus Dyer-Smith of video production network Wooshii. “Now we’re playing catch up – [video] is more engaging than text, more interactive. Video goes into the brain and sticks around.”

Dyer-Smith was addressing delegates at the Internet World exhibition in London this week and cited a number of businesses that had seen a significant increase in business performance on the back of video. For example, online clothes store Zappos, which credits its use of video to improving sales by 30 per cent, or online jeweller Diamond Jewelry United, which used video of products to show case them to potential customers before they purchased, leading to a 60 per cent reduction in returns. When online file repository Dropbox added an instructional video next to its “Download Now” button the site saw a 30 per cent increase in downloads, Dyer-Smith added.

“There is so much you can do [with video], so much more now than with TV,” he said, adding that using the HTML5 Internet code would be more useful going forward than Flash technology going forward due to its ease of use.

Online retail sites such as Boux Avenue and Marks & Spencer use video to help viewers envisage clothing on individuals before deciding whether to proceed, while US blender firm Blendtec has used its YouTube channel as its main marketing tool and seen a 700 per cent increase in sales.

Video in e-commerce

For Tom Cape, managing director of Capablue, the design agency behind the Boux Avenue website, high-quality video not only brings the product to life, it links the visual aspect of watching TV with the efficiency of online commerce.
“Video commerce applications involve mashing up video with e-commerce and can take many shapes,” he told NMK. “Potentially most significantly, videos can contain a number of clickable objects. The viewer can click on any of those objects for further information or to purchase them.”
Cape said that vide was great for search, especially as the Web matures and people want more video results than purely text.

“As with most keywords your webpage might compete with 100,000 other webpages, but with video it might only compete with 200 other videos.  There simply aren't nearly as many videos on the web as there are pages," he said.

Opportunity knocks

Wooshii’s Dyer-Smith explained how global hotel chain Intercontinental decided to invest $1 million in online video rather than TV advertising, producing thousands of local video guides instead which were tagged for keywords and seeded throughout the Web.

“Anywhere you’re working online you can fit video into it. Video is just going to get more and more and more, and the earlier you get in the better. We’re still in the early days,” Dyer-Smith concluded.

Comments

You must be logged in to comment.

Log into NMK

Register

Lost Password?

Newsletter


For the latest news from NMK enter your email address and click subscribe: