The blog for Digital Revolutionaries in Egypt and around the World

Posts tagged ‘“Digital Video’’

Video, Advertising and Social Media the Magical Trio for Online Business!

The clock is ticking fast the world of digital is transforming at the glimpse of an eye!

The biggest trend in digital right now is video…Online video advertising to grow to nearly $10 billion this year:

Video Spending 2

Digital video advertising will drive nearly $10 billion in ad spend this year. This is a remarkable 28% increase over 2015, making video digital’s fastest-growing ad format. It remains the gold standard for many brand advertisers that have relied on television for years. As audiences and devices digitize, The demand for video on all screens is quickly multiplying

Today’s digital publisher can turn a single video into a scalable marketing asset that serves across TV and various owned and unowned digital channels.”

facebook dominates

Sources:

mixpo report “The State of Digital Advertising for publishers”

2016 IAB Video Ad spend study

Video, Advertising and Social Media the Magical Trio for Online Business!

With all recent reports highlighting the ongoing growth of Digital Video and the increasing share of Ad spending and as we see this year the integration between social networks, video and advertising is very clear.

All social networks are extremely focused on two aspects advertising (simply this is where the money is) including Facebook ads, Instagram ads, twitter ads, etc and the second aspect is video with the big fight between them as well (Youtube vs Facebook videos, etc)

so we decided to dedicate our upcoming meetup to deeply dive in this area, also focusing on the local market in Egypt and trying to analyze the ads spending and user behavior over social media and watching videos online, especially what was booming in Ramadan this year!

This meetup in 6th in a row of our “Online Content Creators meetup series” that we have started earlier in 2015 focusing on online content especially video.

meetup august option 4

Join #OCCEgypt meetup on August 1st at the greek campus, register your seat here

Be part of our Online content Creators Meetup community Learn, share knowledge and network with like-minded pears

Traditional Media has no option but to Switch to Online Video Platforms to Sustain its Revenue!

Broadcasters, cable television networks and Traditional Media need nowadays to survive the emergence of online streaming should switch to Online Video Platforms as viewers are spending more time watching digital video than ever before as per all latest studies and statistics

And here in the below infographic we have collected some important data that should be considered due to the big shift in consumer behavior:

Online video VS TV infographic amended

So What’s Important:

Content delivery networks will carry over half of Internet traffic by 2019. Globally, Sixty-two percent of all Internet traffic will cross content delivery networks by 2019 globally, up from 39 percent in 2014.

So It is important for the online video industry to convert non–users of online video platforms into users

How to Build a more Valuable and Sustainable Business?

Well there are several popular business models for online video where content owners and video producers can make business out of their investments in video productions. For sure this opens the everlasting debate where to upload my videos, shall I upload them to social networks like YouTube, Vimeo, Dailymotion or shall I invest in online video platforms, like HelixWare or others.

And the ideal answer would be YouTube and other social networks are ideal if you are using video as a marketing vehicle, which is now crucial and huge. Video marketing is essential these days as we consume more and more video content. Making business out of video over social networks is basically advertising based, so you should take this into consideration.

While on the other side if you decide to invest in your own OVP (Online Video Platform) you can control over your video assets, advertising and also who can access the content and how, in other words you can back full control over your content, and that Is why you need to invest. Fair enough?

digital video

But how can we do business here, over my own OVP? Well the models can be, but not limited to, one (or more) of the following:

The most popular is called SVOD, which stands for Subscription Video On Demand, where basically users pay a monthly fee to access premium video content. International players here include platforms like Netflix, Amazon Prime, etc and on the regional level the popular platforms are Shahid.net, OSN Play and Telly. This can be any type of video, from movies, series, drama, how-to videos and event cooking! We have to admit that we loved working on a project for the cooking academy of SiChef in Italy.

ONLINE VIDEO - STATISTA

Another interesting model is live events especially for sports. Our showcase here is SportTimeTV for example. Moreover, imagine watching live your favorite football match but as soon as you moved away from the TV, your team scored their goal! If you are watching that online, interesting features like time-shifting makes watching live matches a real joy, where you can seek back to watch the goal and then switch back to live streaming! Here the business model can be either advertising or subscription based.

Going digital is not only about watching your favorite videos, its about a whole digitally immersive experience. Another interesting model is the Second Screen apps, where you download an app that gives you the ability to interact, in real-time, with your favorite TV or Radio show. Interesting example here can be a radio station that everyday plays top tracks based on user votes, we developed a cool HTML5 App for 5FM in South Africa for their daily program Beats By Demand, where users can vote for their favorite tracks in real-time and also share these votes over social media as well to boost the buzz around it.

 

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