Marketing with Video and Rich Media Part 2

I found this blog article at One Market Media and thought I would share it with everyone.

Advertising , marketing  and promotion

22. Commercials (Popularity: High  | Growth Potential: High)
While advertisers are becoming more selective in how they chose to spend their promotional dollars with broadcast television, other venues for commercials such as online video pre-roll, online sponsorships, in-game advertising, event sponsorships and in-theatre advertising are starting to take the place of broadcast / cable commercials. A proliferation of video screens cropping up on every building, device and structure will create an even more diverse set of advertising opportunities. The challenge will be to create specialized content targeted to an ever shrinking niche audience.

23. Viral Video (Popularity: High  | Growth Potential: High)
A video is viral if it is so compelling that people want to share it. (Calling a video ‘Viral’ doesn’t make it so). Viral videos have to be extremely engaging, entertaining, shocking or meaningful to be successful. Unfortunately some of the most successful viral videos have little connection (and therefore value) to any brand. (Everyone references ‘Will it Blend’ but very few viral videos are remotely this successful in actually driving sales.)

24. Email Video (Popularity: Moderate  | Growth Potential: High)
Testing has shown that open rates can double if you include video in your email marketing activities. To be effective the video should be purpose-built to elicit a specific conversion activity such as requesting a demo, more info etc.

25. Infomercials (Popularity: High  | Growth Potential: Moderate)
Infomercials have been around forever. While they continue to be the primary focus of web-based parody videos they have remained remarkably resilient over time. The shopping channel is, in effect, a 24 hour infomercial. If done well, Infomercials can be very effective at selling certain consumer products.

26.  Content Marketing (Popularity: Low  | Growth Potential: Huge)
This is a broad category that will become very important over the next months and years. Much of the content (video or otherwise) being creating today by companies is focused on selling. Focusing on solving your customers problems first and then associating your brand with those solutions will be increasingly more important and effective. (i.e. Home Depot could create a branded ‘how-to’ series that sits on their website and shows their customers how-to fix anything. They would, or course, reference tools and supplies available in their store but more importantly, they would generate tremendous value for their customers and prospects – value that would accrue to them over time.)

27. Landing pages and micro sites (Popularity: Moderate  | Growth Potential: High)
Video is beginning to replace or supplement text and graphics as a content element on many corporate websites. Landing pages can offer a more compelling call to action with video. Some micro sites on larger web properties are self contained, purpose-built conversion machines that have the singular purpose of generating a conversion activity (sign-up for more info, attend event, order something etc.). Video is becoming an important part of the conversion process.

PR Support and Community Relations

28. Video Press Releases (Popularity: Low  | Growth Potential: High)
The standard four paragraph press release is now being supplemented with video and rich media to tell a more engaging story. Video is now being purpose-built to directly support the important company announcements. The new challenge for press releases is to change the focus from the company to the customer.

29.  PR Support Materials (Popularity: Low  | Growth Potential: Moderate)

Make it easy for networks, bloggers, news gathers and others to promote your business and also to talk about your industry. Smart companies are developing video support catalogues of company and industry related materials (b-roll, industry footage, sound bites etc) and offering them to news and business portals. The demand for video is everywhere. If a news agency (online or broadcast) is looking for stock footage to use in a story it might as well be yours. (assuming the story is positive, of course)

30. Community Relations Video (Popularity: Low  | Growth Potential: High)
If your company is out working in the community, being good corporate citizens, helping the environment or contributing to important causes you should be capturing those efforts on video. Show the world what you are doing, don’t just talk about it.

Event Video

31. Event Presentation video (Popularity: Low  | Growth Potential: High)
Events represent a unique confluence of expertise and opportunity – often under-leveraged. Trade Shows, meeting and conferences are usually attended by your top sales people, your corporate executives, industry experts and other influential business people. If you are speaking at an event or someone is referencing your company you should be capturing this valuable content on video.

32. Round table Sessions (Popularity: Low  | Growth Potential: High)
Take the opportunity at an event to corral four to six of your best customers and other industry experts, put them in room and video tape them talking about industry trends, business issues and the future of your industry. This content will be the most valuable content you could ever capture.

33. Q&A Expert sessions. (Popularity: Low  | Growth Potential: Moderate)
There are many opportunities to take specific event participants to the side and take them through informal Q&A sessions on various topics that matter to your customers. This content is valuable lead generation content.

Other Uses of Video

34. Recruitment Videos (Popularity: Low  | Growth Potential: Moderate)
Finding the best employees is the single most important function of any company and yet comparatively small amounts of time and money are allocated to this critical task. Recruitment videos that feature company employees, highlight corporate culture and promote the direction of the company can be very influential.

35. VLOG (Popularity: Moderate  | Growth Potential:Moderate)
There are many levels  and types of Vloggers today but for the sake of brevity I will identify two: 1. Pro Vloggers who have engaging styles, rich content and a growing list of followers who promote their vlog on their site and through various syndicated channels and 2. Regular Vloggers who have chosen, for whatever reason, to speak into a camera instead of typing on a keyboard. The problem today is that, unlike onscreen text, you can’t scan a vlog – you sort have to watch the whole thing to see whether it is worth your time. The other problem is that most people just aren’t that compelling on camera so there is little, to no value of a talking head – and often it’s a distraction. Of course everyone references Gary Vaynerchuck (from Wine Library TV) as the rule (rather than the exception) for video blogging in the same way that everyone references the success of Will It Blend as being what to expect when you launch your first viral video project. For individuals looking to gain notoriety from their passions vlogging can be a good option if you have a good on-camera presence and great content.

36. In Store Video (Popularity: Low  | Growth Potential: High)
Wal-Mart has its own profitable in-store TV network that makes shoppers aware of new promotions. LCD screens are ubiquitous. In store LCD’s will be networked and customizable offering you the ability to promote your own goods and services or make money by promoting other complimentary services.

37. Company Lobby / Waiting Room Video (Popularity: Low  | Growth Potential: Moderate)
HD video screens are popping up everywhere – why not in your lobby or reception where you can get a jump start on first impressions and also take advantage of a captive audience.

38. Mobile Video (Popularity: Low  | Growth Potential: Huge)
Yep, ‘there’s and Ap for that’. Mobile video will soon be the largest video category outside of broadcast. In the short-run, mobile video will consist of hastily re-purposed video made to fit on a mobile device. It will quickly evolve into a much more specific format – five to fifteen second hyper targeted messages that are part of geo-located and micro-niched promotions.

39. Market research, focus groups and polling (Popularity: Low  | Growth Potential: Moderate)
Market research firms are now capturing the anecdotal feedback along with the raw statistics of their research. If a picture is worth a thousand words then a video of your customer describing her likes and dislikes of your new product is priceless. Go to YouTube to see how people are describing your products and services.

40. Website FAQ Video (Popularity: Low  | Growth Potential: Moderate)
In certain formats video can be a suitable replacement for text where an authoritative voice, support materials or other visual references are required. A list of FAQ’s answered by a company expert is an example.

41. Video White paper (Popularity: Low  | Growth Potential: Low)
Video white papers have evolved over the last years from basically a person reading a white paper on camera (what’s the point) to a professional delivery that is accompanied by charts, graphs and other visual references to make the presentation more valuable.

42. Video Magazine (Popularity: Low  | Growth Potential: Low)
Some video production companies specialize in helping companies deliver serialized video content to their customers. Like the name implies video content is created on a regular basis (usually monthly) that customers and prospects can view through a subscription service.

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