Sunday, December 12, 2010

Online Video Conversations: David Burch, Tubemogul - Part 1: Why Video? Marketing tips, Online Video Industry Trends

In this latest installment of Online Video Conversations, I caught up with David Burch, Director of Marketing at TubeMogul, Inc., to find out why video is important for all types of businesses – small, medium and large – and how video distribution, analytics and social media marketing helps build brand identity and viewer engagement. He also talks about trends and the current state of the online video industry. Burch is well-known within the industry and is frequently quoted as an expert in online video in leading media outlets like AdAge, NPR's Marketplace and Wired.

Burch leads media relations for the Emeryville, California-based online video ditsribution, analytics and advertising platform. He also is the author of all TubeMogul's data-driven research. Prior to joining TubeMogul, Burch was a Content Manager at Delivery Agent, and worked on digital strategy for many top media companies, including ABC and NBC. He received his BA in Political Economy from the University of California, Berkeley, which is where Tubemogul was born.

To start the conversation, I asked Burch one of those "what is the meaning of life?" questions by asking:
"Why video? What's so compelling about video that companies should get involved with it?"
According to Burch, there are a lot of good reasons, but the number one reason is that video is more engaging than any other media.
"Video is just a really powerful medium to convey branding messages. It's more effective than other formats, like banner ads or different mediums of advertisement. Why video? Why not video?"
Online video audiences continue to grow, with more and more people are watching more video across the board. According to Tubemogul research, people are more likely to click on a link if it's a video and on average audiences clicking on video links from Twitter watch a video 36.91% longer than viewers referred by Facebook and 49.98% longer than viewers referred by Digg. He says people love Tubemogul's feature that sends a Tweet when your video is uploaded.

In addition, Brightcove and Tubemogul's Online Video & Media Industry Quarterly Research Report, found that online video discovery is shifting from search to social media. Twitter and Facebook attract more engaged viewers than other sites and are growing faster than search engines, and while Google search is still king, social media marketing gaining ground fast.

Burch says that even though YouTube is the biggest online video entity – publishers, marketers and businesses of any size can benefit from distributing their videos to more than one site. Tubemogul provides a free video syndication service OneLoad, which is a single point for distributing videos to the top video and social networking sites. Tubemogul also provides InPlay, its free video analytics solution for publishers, online video platforms and video sharing sites. He says that publishers and marketers can learn a lot about their audience and their level of engagement from real-time analytics.

Burch says that if you're not using video, you should get started:
"A lot of small businesses get a lot of SEO benefit from video. Being in more places means – more people are watching. It's not like you're gaming anything, you're just becoming more popular."
In regards to the current state of the online video industry – and comparing the industry growth innings in a baseball game – Burch thinks we're in the forth or fifth inning.
"It's hard to remember, but YouTube's only been around for 5 years, so it is pretty young. I really think with the analytics space, we've got this technology that a lot of people are using – and I think the technology is getting there."
According to Burch the viewing experience is getting better and rebuffer rates (those annoying delays in the video loading) are going down. Fast load times are low rebuffer rates are crucial, as Tubemogul's research found that 81.19% of viewers choose to click away instead of waiting for a video to rebuffer.
"If you're willing to avoid that and want to pay to deliver professional quality video, there are solutions out there to do it. There's this while ecosystem of analytics built in, which is where we step in, advertising solutions which we recently launched, our PlayTime ad platform. It's a very developed ecosystem. HOw television will be viewed on the web and how mobile will fit in to that  – there's a lot of open questions – but I feel that it's evolved quit a bit." 
Stay tuned for Part 2 of my Online Video Conversation with David Burch coming soon.

About Tubemogul
TubeMogul is a video advertising and analytics platform that connects advertisers with highly targeted audiences. TubeMogul's advertising solution is powered by the company's unprecedented data platform that tracks billions of video streams every month from the Internet's top publishers. This unique technology enables TubeMogul to help advertisers find consumers who want to watch their videos - and watch them longer. Advertisers and marketers never again have to choose engagement and accountability over reach if they use TubeMogul's video advertising and analytics platform.

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