TV advertising budgets are slowly moving online. Even so, online video advertising represents about 3% of TV budgets.
In 10 years the figures will look different. Perhaps 25% or 30%. Or perhaps TV will change significantly.
Recent developments in online video advertising include richer formats, such as interactive ecommerce catalogues, games, dynamic location-based ads, social integration.
With change occurring in the market, it feels like a good time to re-assess online video advertising. Aside from recommending our formidable Online Video Best Practice Guide, I thought I’d write some rules for online video ads of the future.
Major tip of the hat here, as these ideas are partly taken from Pierre Chappaz, Founder and CEO of Ebuzzing, and a talk he gave at December 2013’s Le Web.
Rich media mobile ads are up to four times as effective as standard banner ads in terms of clickthrough rate, according to a new report from Opera Mediaworks.
The study also found that in-app mobile ads are an average of 1.7x more effective than ads on the mobile web.
Rich media ads achieved a CTR of 1.53% when displayed in an app and 1.12% on the mobile web. In comparison, standard banner ads achieved CTRs of 0.39% and 0.32% respectively.