A meeting place for leading digital voices

The ultimate digital video campaign checklist

Posted  by   on    in Digital Video
  • Font size: Larger Smaller
  • 0 Comments
  • Subscribe to this entry
  • Print

Brand marketers and agencies know that the sight, sound and motion of video make it the most powerful communication medium to connect with an audience. 

Programmatic video branding, the use of software to place video ads online, is now the fastest growth channel of any advertising segment. 

The benefits of programmatic digital video advertising are becoming apparent for brands, advertisers, and publishers. Reaching a large online video audience, automating the media buy, and optimising the campaign in real-time, brings scale, reach, efficiencies and brand lift. Everybody wins, if it's done right. 

Compared to display ads, video ads have higher completion and engagement rates, and the metrics for brand lift and awareness are also significantly higher.

Our own research shows that ten seconds into a video ad, just over ten percent of viewers have clicked away, which means the opportunity for a brand to create an impression on the consumer is significant. 

Brands realise that online video consumption is skyrocketing and consumers are spending more time across all platforms, whether it be mobile, tablets or computers. 

Programmatic video is the easiest and most efficient way for advertisers to execute a digital branding campaign online. Buying video programmatically gives advertisers accurate and efficient audience targeting, real-time optimisation and increased control, with the flexibility to adjust their strategy on the fly.

The dominant format in video advertising is pre-roll. However, other formats exist, such as interactive pre-roll, rollover-to-play, click-to-fullscreen, IPTV and mobile. They all offer a powerful opportunity to get a brand message in front of millions of people. 

So how does an agency or an advertiser get started and what is the ultimate digital video campaign checklist? Here are some tips: 

  • Planning 

Before embarking on a digital video buying campaign, agencies, on behalf of their clients, should confirm which audience segments will be targeted. In addition, key performance indicators for views, completed views, brandlift, reach, frequency or engagement should be set. 

To reach your audience at scale, the buying platform should be able to prove they are aggregating inventory from the best possible sources. That inventory should come from the widest selection of the best sources, including publishers, ad exchanges (public and private), ad servers, supply side platforms and other sources. 

  • Dynamic Optimisation and Real-Time Analytics

It's not a case of set and forget as your platform partner should optimise the campaign while it's running. Some agencies may choose to undertake a real-time bidding (RTB) strategy, which allows them to bid for ad inventory as it comes to auction ensuring that every impression is optimal. 

Brands may also want to alter their message as the campaign unfolds, depending on their engagement success. Advertisers can adjust their campaigns to react to external events, update their site lists, add/remove ad units from their campaigns or concentrate the ad spend on the sites and audiences that are delivering the best performance metrics.

  • Transparency 

Advertisers want to know where their ads run. Therefore true transparency must be provided and the brand should know exactly where their ads are positioned, how they performed, and how much the impression cost. The exact list of sites should be provided so that during the campaign, real-time reporting and site-by-site performance metrics can be optimised. 

At the end of the video ad campaign, a full report should be provided, covering audience metrics (reach, demographics, and geography), and brand metrics (awareness, favourability, and purchase intent). 

In other words, every stage of your process should be simple, effective, and accountable. 

The post-campaign video analytics must deliver the true brand impact of the campaign, defined by survey-based measurement of attitudinal metrics. There is no place for uncertainty, data black spots, or a lack of accountability. 

Here are a few programmatic strategies that can deliver outstanding results:  

  • Real-Time Bidding

Real-time bidding enables brands to bid on individual impressions rather than agreeing to a predetermined fixed price. Buying in real-time is cost effective, reduces waste and prevents advertisers from overpaying for media. RTB provides complete control over context, which for many marketers is the biggest concern or worry. It allows the marketer to pick and control the exact sites their ad is running on.

Additionally, real time bidding comes with real-time data. This allows marketers to optimise the creative for the audience tracking audience and performance by the minute rather than picking from bundled site lists ahead of time and assessing performance after the fact.

  • Targeting Technology

Data has become somewhat of a cryptic buzzword when it comes to advertising technology, but advertisers are becoming more aware of the benefits of 1st and 3rd-party data to target desired audiences. With the help of third party data vendors, advertisers can successfully profile their ideal audience by modelling the attributes of existing customers. By taking advantage of 1st-party data, advertisers can reach their existing customers with customised messages.

  • Private Exchange Capabilities and Access to Premium Inventory

Private Exchanges are a way for advertisers and publishers to benefit from programmatic buying in a controlled environment.  The option for advertisers to enter into an exclusive partnership with a single publisher, while still seeing the benefits of a real-time buying platform like TubeMogul is becoming more popular, especially when premium inventory is involved.

Programmatic buying has matured significantly in recent years and can now meet the requirements of brand advertisers. Efficiency, transparency, precision targeting and scale are just a few ways programmatic buying can benefit brand advertisers and continue to drive explosive growth in the sector. 

Tagged in: online video

Name: Stephen Hunt (Managing Director, TubeMogul AU & NZ)
My time in the digital industry: 8 years
My time at TubeMogul: 2 years
My mission at TubeMogul: To be remembered as the company that revolutionised brand marketing by pioneering the merger of digital and traditional broadcast. We planned, delivered and measured our first screen-agnostic campaign across TV, web and mobile in March this year (2013) so we are well on our way.
My special blog topics: Best-practice techniques for planners, buyers and strategists. Screen-agnostic branding and measuring the right metrics.
Digital trend I'm most excited about: Measuring the incremental and duplicated reach of online and traditional broadcast.
Brand whose marketing I admire: RedBull (I love their content marketing approach), Coke (liquid and linked), VW (great creative), Apple (so simple it's hard to imagine how they refine it so far) and Optus and Telstra (data-driven to the max).
Favourite digital campaign of all times: Decode Jay-Z with Bing -  (It's a classic but is still the best I've seen) 
Digital tool/gadget I cannot live without: I am a gadget nut so this is really hard to say... but I'd have to say my Bose QC-15 noise cancelling headphones. I am consistently travelling for work so it is great to grab some rest or to focus on a task whilst on a plane but it also has a mic for the iphone built in so I can take calls very easily.
If I wasn't working in digital, I would be: A musician...which I am on the side. You can buy my E.P on iTunes - https://itunes.apple.com/us/album/listen-ep/id552620462


Stephen Hunt is Managing Director of TubeMogul, Australia's leading media buying platform dedicated to brand marketers. Having established the Strategy team at News Ltd, Stephen shifted to Adconion where he set up Australia's first video ad network, Adconion.TV which was later re-branded Joost and then SmartClip. At TubeMogul, Stephen has aided in the dramatic adoption of automated media trading in the video space providing brand marketers with a simple, effective and accountably way to trade online video.

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest
Guest Sunday, 04 December 2016