Beet.tv has an interview wtih David Hallerman, an analyst with eMarketer about the advertising market. As he notes, we’re still in the infant stage of video advertising, but he’s also correct when he says paid search is just direct marketing. It’s targeted and efficient direct marketing, but oatmeal is just oatmeal until you put something interesting in it.
Interactive Video is the cinnamon and sugar of online advertising. David estimates that spending for online video advertising is going to skyrocket from $410 million dollars next year to $2.9 billion by 2010. In his Beet.TV interview he talks about the emotional appeal of video and how that can help build a brand. That’s exactly why Rich Internet Applications can be such a persuasive advertising tool. You can emotionally connect with your users on an application level. You can easily blend that interactive video advertising with your application so that the user doesn’t even see it as an ad. They see it as something fun, interesting and memorable – exactly what an ad should be.
I think there’s room for a term like Rich Internet Advertising to describe the ways that brands can engage users with a great Internet experience. As more people get that, and we start to see metrics showing the result, technologies which enable that are going to be in huge demand.
There’s also some stuff about video forgeries but I stopped reading when I saw it came from Dartmouth. -ZING- (just kidding)
[tags]Video Advertising, Advertising, Rich Internet Advertising, Beet.TV, David Hallerman, eMarketer[/tags]
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