Choose speciality channel:   Choose sector channel:     Search the site

Consumer Research


TV budgets driving growth of online video advertising market

TV budgets driving growth of online video advertising market

Media buyers’ primary objective for booking online video advertising campaigns is to deliver incremental reach to TV, according to the latest research from Web TV Enterprise.

Findings from the second bi-annual UK Online Video Advertising Market Report show that over 40% of media buyers now use video advertising campaigns for this purpose; indicating that TV budgets are driving growth of the market.

Only 19% of the 135 media buyers surveyed stated that measurement of click through rates is very important to their campaigns – this is another indication that online video advertising is being driven by brand awareness campaigns coming from TV budgets.

The survey revealed that video advertising now appears on more than half of media plans; demonstrating that the growing audience of professionally produced content on the web is starting to have a big impact.

“We estimate that online video advertising is now worth 3% of the UK TV ad market,” said Jamie Estrin, MD of Web TV Enterprise.

“While online video is still in its infancy, the market is starting to mature. Media buyers are recognising the opportunity of placing TV campaigns in front of highly targeted audiences online and reaching light TV viewers who are now regularly consuming catch-up TV and short-form video on the web.”

The UK Online Video Advertising Market Report found that the number of campaigns being booked has tripled in the last six months, suggesting confidence among media buyers is growing.

Some 40% of respondents said they had booked between one and five pre-roll campaigns in the past six months – they had previously booked the same number of campaigns over a period of 18 months.

Almost a third (31%) had booked more than ten video advertising campaigns in the last six months. Despite the number of campaigns growing, average spend on video campaigns remains the same; between £10,000 and £25,000.

However, almost a fifth (19%) of those surveyed claimed their average campaign spend was more than £50,000, up from 12% six months ago.

The research also shows that the majority of media buyers - 63% - intend to allocate up to 50% more budget to video advertising in 2010, with 13% allocating more than 50%. Just over a fifth (22%) of those questioned say budgets will remain the same.

Robert Black, Chairman of the IAB Video Council, said,"It’s very exciting to see the growth of the market with the increase in current and projected activity. The IAB Video Council hopes that the launch of VAST (Video Ad Standards Template) in the UK, and other initiatives planned for this year, will help make it easier for all stakeholders to do business and increase growth.”

When asked if anything was holding them back on investing more spend into video advertising, lack of measurement was the most common complaint – 34% agreed. This echoes results from Web TV Enterprise’s first bi-annual report.

Other results from this survey show that just over a fifth (21%) was held back by rates, with 9% not sure of audience reach

“It is great to see the continued growth of online video but more importantly the appetite for more knowledge and understanding of how the platform delivers in conjunction with other media, specifically TV,” said Bryan Magee, Business Director at Mindshare.

“If we are to sustain current investment levels and continue to grow the market then there is a real need to prove to clients the worth of online video. Whether this is via Comscore, UKOM or BARB, there are key issues that need to be addressed concerning topics such as incremental reach and engagement.”

coupons viagra go coupons for prescription medications
how much is the abortion pill abortion at 16 weeks where can i get an abortion pill
discount drug coupon go coupons prescriptions
bystolic generic bystolic savings card program generic for bystolic
discount grocery coupons abortion clinics in dallas abortion clinics in richmond va
amoxicillin dosage for a uti amoxicillin dosage for a uti amoxicillin dosage for a uti
does an abortion hurt read why should abortion be illegal
viagra kamagra read viagra
levodopa carbidopa entacapone bioequivalence levodopa carbidopa entacapone carbidopa levodopa entacapone combination
renova open renovation vejle
cloradex costo cloradex costo clorexidina
pletal 50 pletal 50 pletal y anestesia
how to have an abortion pill abortion pill stories abortion price
duphaston tablete za odgodu menstruacije duphaston
cialis discounts coupons coupons prescriptions
abortion pill facts abortion pill definition
printable coupons for cialis cialis discount coupons cialis coupons 2015
naltrexone abuse ldn for depression naltrexone how long does it take to work
vivitrol wiki naloxone naltrexone
low dose natrexone link revia uses
naltrexone how it works vivitral shot

Check out 12ahead, our brand new platform covering the latest in cutting-edge digital marketing and creative technology from around the globe.

12ahead identifies emerging trends and helps you to understand how they can apply to modern-day companies.

We believe 12ahead can put you and your business 12 months ahead of the competition. Sign up for a free trial today.