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The popularity of Web Video is increasing exponentially. See how your competition is using it to their advantage.

 

FEATURE STORY

CONTRACTOR VIDEO INTRODUCTIONS POPULAR WITH MOST CONSUMERS

The “Contractor Video Marketing 2009” survey of 2,000 internet consumers nationwide reveals 83% prefer viewing an online video introduction of a contractor over any other form of advertising, and that viewing a business’s video nearly guaranteed a contact with that business.

The popularity of web video has exploded in recent months with video web searches surpassing all other web searches for the first time during November, 2008. “Business video marketing is without question the advertising and marketing medium of the future for all businesses both large and small”, says Ray Whitmer, CEO of Business Video Marketing TV.

 

Not sure how to apply Web Video to meet your particular goals? Visit our WHICH CUSTOMER ARE YOU? page to define your needs.


-Bullish video ad forecast - Business Video Advertising...one analyst firm expects the market for video ads to grow 45 percent to $850 million in 2009.

-Online Video Viewership Hit High of 14.3 Billion in December...Web video viewership jumped 13% in December from the month before, comScore reported today.

-Businesses Embracing Online Video Will Fuel The Web's Revolution

-Web Video Boom Will Fuel Massive Advertising Shift, Report Finds...Based on these shifts, ad video spending is expected to jump more than 50 percent in 2009.

-"57 percent of online adults have used the Internet to watch or download video, and 19 percent do so on a typical day...57 percent of online viewers share links to videos with others and three-fourths say they receive such links from others.

-Study: People Devote More Time Online to Web Video Type Content Than E-mail

Sixty-two percent (of Web Video Viewers) favor professional videos compared to 19 percent that would opt for amateur works.

...This could be interpreted as a 'green light' for web entrepreneurs, now is the time to incorporate web video before the market becomes saturated...

According to the wSJ story, video streaming and downloads will increase from 9% of all consumer Internet traffic in 2006 to 30% in 2011.

Providence pumps up Web video with $100 mil.

"I expect to see dramatic increases for video advertising all across the Web," Chernin (of News Corp) said...

A new study from market research firm eMarketer, says companies are now spending millions of dollars on commercials specifically tailored for the Internet. The study, says this year US online video ad spending will reach $775 million dollars, and will continue to grow drastically over the next 4 to 5 years. By 2011, eMarketer estimates online video ad spending will reach $4.3 billion dollars.

Kohler Web Site Features Next-Generation Video Player to Offer Visitors a Wealth of Product Information and Design Ideas

Mobile video services .... is expected to compound annual growth rate of 74 percent through 2012, according to an ABI Research report. Revenue forecast is set to grow from $1 billion this year to $17 billion by 2012.

AOL Relaunches Video Search Engine "...with the explosion of Web video content over the last year..."

"When we started building Dabble in 2005 it was hard to imagine the video search market getting this big as quickly as it did..."

Large corporations and small companies are actively using Internet Video to market themselves. "...The St. Louis-based foundation crack specialists, with franchises in Arlington Heights and Crystal Lake, posted its 15-second commercial on YouTube about a year ago. Since then about 750 people have viewed it. The company plans to produce other videos featuring its mascot, Mr. Happy Crack.

'I do what I can to capitalize on the fact that ours is a low-tech industry benefiting from the hi-tech marketing capabilities of the Internet,' said company spokeswoman Cary Goldwasser. 'And if our humble ad becomes a viral must-see, we’ll just have to live with it.'"

The "YouTube Election" - Web Video is the New 2008 Political Battlefield

Sony Pictures launches Crackle, an online entertainment network focused on professional web videos and funding aspiring filmmakers' work.

Web Videos are so rapidly gaining in popularity that views scramble to organize their favorites.

Total time spent watching videos on YouTube has surpassed 9000 years.

Prospects are 72% more likely to purchase a product or service when video is used and they make their buying decisions faster.

Daily use of online video grew 56 percent over the past year, and companies are probably going to spend more than $4 billion on online video advertising by 2011.

ExpoTV brings together customer-generated product reviews and Web Video.

Hollywood trying to cash in on Web Video.

Wal-Mart currently accounts for about 40 percent of all DVD sales in the United States. By launching its own service, Wal-Mart can protect that DVD market dominance.

 

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