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  • Tremor Video Releases 2013 Video Predictions


January, 2013

Tremor Video at CES 2013: The Video Revolution

January 14, 2013

“It’s all about mobile.”

“TV’s still have room to grow.”

“The advertising industry will be screen agnostic.”

These are just a few of the reactions from Tremor Video executives after touring the exhibits at last week’s International Consumer Electronics Show.  Here’s our take on what we saw in relation to video advertising and content:

 1. Transmedia storytelling 

The myriad devices we saw on the tour reinforced our belief in the growing power of transmedia, or cross-platform storytelling, which we discussed in our Video Predictions 2013 report.

We are in a post-mobile world, with people using smart phones as their “personal control centers,” said industry analyst and two-time Emmy Award winner Seth Shapiro, who curated and guided our tour as part of the MediaLink/Shelly Palmer CES partnership. Yet, in an ironic twist, fixed screens are simultaneously getting bigger and bigger, seemingly destined to play an even more important role at  home. Sony’s 84-inch 4K Ultra HD TV is just one of many examples from the show. With all this “screen ubiquity and diversity,” we believe that brands have an incredible opportunity to tell stories across multiple screens.

Moreover, products such as Samsung’s AllShare enable people to search for and play video, photo, and music files across many devices, while Dish and Slingbox let people watch their content from anywhere in the world. The result is a screen mash-up, meaning content across devices, and continents, will start to blend. Here again, transmedia storytellers have an increasing number of ways to reach people by slicing and dicing their content across platforms.

Tremor Video executives said these and other innovations showcased at CES 2013 will have a big impact on content and how advertising is conceptualized and produced.

Said Kelly Hollis Brown, national sales director, automotive: “The proliferation of devices/screens and technology is greater than ever before. Brands need to consider the right message  — what it will consist of and look like — based on the device. Then, they need to make sure that all messages ladder up to tell one cohesive story with an interactive experience.”

Paul Sluberski, vice president of sales, consumer packaged goods, at Tremor Video, said that the growing size of TV screens, and the move to a 4K ultra high-definition standard, will mean that brands and agencies will have to look at their advertising in a whole new way. The 4K technology means viewers could literally see every hair on the back of their favorite TV character or every product detail in a commercial. As more people buy these sets — at $25,000, they are an early-adopter luxury for now — “brands and agencies will need to produce their ads, and test them, to make sure they’re compatible with the living room experience.”

2. Big Sister 

In Video Lives – Tremor Video’s 2012 global ethnographic study launched in partnership with L’Oreal at IAB MIXX 2012 – people around the world told us that they use technology to improve their lives. Teenagers and adults alike told us that they welcome advertising and branded content as long as the messages are relevant to them and as long as they can engage with the content on their terms.

Likewise, at CES, we saw the growing importance of benevolent technology that helps, guides, and counsels, just like a big sister. Take HealthSpot, whose private, walk-in kiosks in pharmacies and stores give acute-care patients live access to board-certified doctors via high-definition videoconferencing and interactive digital medical devices. The remote doctors can even prescribe medications. The kiosks are in trial now.

Also at CES, body-monitoring company BodyMedia announced the BodyMedia CORE 2, the next generation of the activity/health tracker armband used on The Biggest Loser®. BodyMedia’s monitors provide accurate measurements of calorie burn, exercise intensity, and sleep patterns that affect weight as well as health.

At the Verizon booth, we learned about Golden-i, a wearable computer headset developed by Kopin. Health workers can use Golden-i to see patient records on a virtual 15-inch screen, talk to remote colleagues, and use GPS and maps to track their location. Infrared, heat-sensing technology helps firefighters find people in need of rescue.

“These innovations provide important lessons to marketers of all kinds of products, not just those that are related to health and safety,” said Tremor Video President Lauren Wiener. “People are getting used to technology that serves up meaningful and helpful content — information that makes their lives better.  The more people interact with brands for this purpose, the more they will expect all products and services to behave in this manner.”

3. Modern Family, Modern Home

From devices that track a potential burgler or command a robot to vacuum, innovations at CES 2013 reflected the modern family: tech-savvy and multitasking. The exhibits we saw also reminded us of our Video Lives and Video Predictions projects, for both reports indicate that everyone in the family does pretty much everything now and that gender stereotyping is on its way out.

Indeed, at CES, products are increasingly gender-neutral, for everyone wants to be connected for one reason or another.

Take Iris Care, demonstrated by Lowe’s and Verizon, which lets homeowners monitor a person’s activities and routines remotely.

As the Los Angeles Times reported, “Lowe’s tapped into the fears of children living apart from their aging kin with its CES display of its new Iris Care system, which among other tasks can send an email to family members when an older relative doesn’t get out of bed at the normal time.”

At the booth hosting the Samsung Home Energy Management System, we had the chance to envision how all devices can talk to each other. You turn off the movie, the lights come back on. You’re not home and need the carpet vacuumed?  Alert your robot and it will do it for you. Samsung’s representative said it’s all designed “to give you a more exciting and fulfilling life.”

Said Tremor Video’s Sluberski: “Verizon, Samsung, Comcast, and others are gaining access to our entire home through connected devices. Things like home security, remote appliance control and other services may finally become a reality of sorts.”

Marketers No Longer Ignoring the Shift

As CES draws to a close, thousands of media and advertising executives are returning to their offices. We’re all eager to figure out how best to engage with the connected consumer of today and tomorrow. Here at Tremor Video, we’re placing a big bet on the power of interactive video advertising to inform, educate, and entertain.

One article, in particular, has made the connection between CES and our line of work. “Digital video is the key driver in CES’ importance, largely because the show focuses so much on the delivery mechanisms for watching video,” wrote MediaPost’s Rich Routman. “Aside from new innovations like Organic LED, the major focus for TV manufacturers right now is developing smart TVs with internet connectivity.”

Indeed, Routman linked to a Tremor Video study on connected TV to argue that “lines between digital video platforms and TV programming are blurring, as far as consumers are concerned, and marketers can no longer ignore this shift.”

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Making the most of a mobile video pre-roll

January 11, 2013 by Lauren Johnson

Marketers are increasingly looking to mobile video to add engagement to campaigns. However, with a small window of time to leave a lasting impression, nailing the mobile pre-roll is a must… [Interactive] opportunities give the user the opportunity to raise his hand and say ‘Yes, I’m interested in your brand,’ and identify himself as your key target audience,” said Sarah Nagle, Northeast regional sales manager of mobile and connected TV advertising at Tremor Video, New York.”

Read full story at Mobile Marketer.

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Testing, Testing: Tremor Video Says Advertisers Should Use Online Ads to Gauge Effectiveness of Big TV Campaigns

January 3, 2013 by P.J. Bednarski

“Advertisers in 2013 will siphon more from their print budgets to use in online advertising as a kind of a test kitchen for campaigns, to help decide which of its pitches are working best.

That’s one of the big guesses for the year ahead from Tremor Video, the advertising services company that was a pioneer in the cost-per-engagement (CPE) model for tablets, laptops and mobile phone and TV advertisers.”

Read the fully story at MediaPost.
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Tremor Video Inc. Releases Video Predictions 2013

Brands Will Use Online Video Ad Channel in Myriad Ways, From Testing Creative for TV Ads to Ending Gender Stereotypes

New York, NY, January 2, 2013 –  Brands in 2013 will increasingly use digital video advertising to test creative ideas before producing expensive TV commercials, tell more engaging and multichannel stories, and improve the way they measure the effectiveness of their marketing dollars, according to a new report produced by Tremor Video Inc. Moreover, brands will use video metrics to better understand their audience and eventually end the practice of gender stereotyping that has arisen due to comparatively simple TV metrics, the report states.

“Brands in 2013 will create and run multiple ads online, assess which ones people engage with most, and use that insight to decide which creative to use for their TV ads,” says Tremor Video CEO Bill Day in his company’s Video Predictions 2013 report. “This approach could be used for the Super Bowl, the Oscars, or any large TV media buy where historically there has been a hope and a prayer in terms of the right creative for the right audience. We’re starting to see marketers use online video strategy to ensure their bets are the right ones.”

With regards to gender stereotyping, Day predicts that marketers this year will use online video to understand who is interested in their products.

In the report’s video, Day says:

“Because of the relative simple nature of TV metrics, marketers had to make short-cut assumptions that all men want to look at car ads and women are the ones to target for food and cleaning products. And as we know in today’s environment, that’s just not true… the opportunity with online video is not to chase gender-stereotypes… but to extend your buying and your understanding.  Who better to target your ad to than the people who are leaning forward… and sometimes those people look nothing like the audience you have traditionally assumed is the audience for your product. Done well, online video allows you to not be constrained — to use a broader approach to reach all those customers, some you’ve reached traditionally and some you have not, in an effective way.”

Tremor Video Inc. is using financial data to predict that more marketers will increase their investments in digital video advertising. The company’s revenue from interactive online video ads, which give people the chance to opt in to see more content, nearly doubled from Q1 to Q4 in 2012. At the same time, mobile interactive video units grew: In Q4, 55% of the company’s mobile ad revenue came from interactive units, up from 12% in Q1.

The report, consisting of a blog post and video, also predicts that brands and agencies will:

1. View TV and digital video ad channels as complementary. When shooting TV ads, brands and agencies will develop additional content designed specifically for interactive ad units. The power of touch (enabled by myriad touch-screen devices) will join sight, sound and motion as the best ways to engage an audience.

2. Jump on the transmedia bandwagon, following in the footsteps of Hollywood. With the ability to tell stories across myriad platforms, media planners will embrace agnostic planning across all screens. TV and video will rule branding to the detriment of print, outdoor, radio and online display advertising.

3. Diminish the reliance on the decades-old TV metric — the GRP. In addition to Gross Rating Points, which assess how many times an ad has been shown to a given audience, brands will use online video metrics to arrive at an ERP for their ad campaign. Effective Rating Points, a relatively new industry term, reveal which segments of an ad campaign’s broad target audience are engaging with the ads, and if they are watching them to completion.

About Tremor Video Inc.
New York-based Tremor Video Inc. is ranked 13th on The Wall Street Journal’s list of the top 50 U.S. start-ups funded by venture capital. The company has offices in Atlanta, Boston, Chicago, Dallas, Detroit, Los Angeles and San Francisco, with international offices in London, Munich, Singapore and Toronto. It has two operating divisions that provide complementary media and advertising services:

Tremor Video, founded in 2005, provides video advertising services on four screens: connected TV, computers/laptops, mobile phones and tablets. On behalf of brand marketers and agencies, the company uses proprietary technology to serve video ads to the right people at the right time in brand-safe environments. It can do this through its direct relationships with hundreds of premium-quality publishers of which more than 170 have chosen Tremor Video as the only outside party to sell their digital ad inventory. Tremor Video pioneered the cost-per-engagement (CPE) pricing model, helping agencies and brands to get more for their brand-marketing dollar by making video ad units interactive and inviting. For more information, visit tremorvideo.com and find us on Twitter, Facebook and LinkedIn.

VideoHub was founded in 2011 by Tremor Video Inc. to fill an unmet need among brand marketers, media agencies and publishers for a simple way to buy, measure, verify and analyze the effectiveness of video advertising campaigns. VideoHub is the first video ad platform to have integrated Nielsen’s Online Campaign Ratings, which provide demographic ratings for online ad campaigns. Going one step further, VideoHub uses proprietary technology to analyze multiple variables that explain ad reach in the context of how, when, where and why people engage with a brand’s video ad campaign. Its robust, flexible platform simplifies operations, provides actionable insights, and eliminates the need for multiple third-party products. Media agencies and publishers around the world are integrating the platform into their own operations to gain true transparency into their video advertising. VideoHub was named the Festival of Media’s “MAP Hot Company of the Year 2012.” For more information, visit videohub.com and follow us on Twitter, Facebook and LinkedIn.

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Media Contact:
Sally O’Dowd
Sr. Director, Corporate Communications
Tremor Video
646-278-7416
sodowd@tremorvideo.com

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Video Predictions 2013

January 2, 2013

From engineers in Singapore to sales directors in London to numerous department heads and executive team members in the U.S., we combed far and wide to arrive at video predictions for 2013.  What started as a baker’s dozen has been boiled down to three major trends wrapped around the concepts of touch, transmedia and truth.

ClickZ and beet.tv have picked up our predictions here and here.  Our video and accompanying narrative follow.

2013 Video Predictions by Tremor Video from Tremor Video on Vimeo.

1. 2013: A touchy subject.

Advertisers will add a fourth dimension—touch—to sight, sound and motion on a major scale. We base this prediction on the growing demand among our own clients for interactive video advertising.[1]

Given this upward trend, we believe marketers across the board will finally realize that they are missing a big opportunity when they repurpose a TV spot for the web and call it a day. As such, marketers and their agencies will conceptualize and create complementary interactive video content when brainstorming their brand’s big (TV) idea. They will start to shoot extras, outtakes, content for the “making of” video and other editorial content that will serve as interactive invitations to engage with the brand on all screens.[2]

Think interviews with the actors in the commercial, or the director; plus games, coupons, look books. At the same time, online video will become more custom. Precise targeting will mean different video footage for each audience, including unique takes on messaging, editing, and product demos. To get there, marketers will borrow from print budgets, not TV. Marketers and consumers will continue to love the biggest screen in the house, and TV and digital video will live happily—and effectively—ever after.

Super Bowl

Speaking of having a blast with content creation, we believe at least one major brand will take this idea even further for the Super Bowl. This brand  at the end of 2013 will digitally test creative ahead of the 2014 game, effectively using online video as the world’s largest and almost instantaneous focus group. This brand will run various interactive video ad units to see which garner the most engagement and buzz in the weeks leading up to the game. Based on metrics, the brand will run with the clear winner at half-time, thereby removing some of the “high” from the high-stakes bet.

 2. The Golden Age of Video: Transmedia Rises as Goddess.

From Walking Dead e-cards—which are either frightening or oddly funny depending on your perspective—to a Spartacus game where the show’s fans fight for the favor of Rome, transmedia is helping TV shows gain and attract new audiences through cross-platform and participatory storytelling.  What’s more, the 2013 edition of the Tribeca Film Festival will accept transmedia entries for the first time while Disney’s 2012-2013 Living Worlds program has been pushing the limits of immersive storytelling.

In 2013, we believe advertisers outside the entertainment category will jump on the transmedia bandwagon in a big way by borrowing from studio playbooks. Media planners as a result will embrace agnostic planning across all the screens available to them. TV and video will rule branding to the detriment of print, outdoor, radio and online display advertising.

We dare marketers to go big with original web content plus games, Facebook and Twitter feeds for characters, chances for fans to create the back story or suggest future story lines. Digital video will be at the center, delighting viewers who increasingly think, “Isn’t all content digital now anyway?” And marketers will be delighted with measurable ROI.

3. Truth in Advertising with Effective Rating Points.

For 60 years, the GRP has been the holy grail. But in 2013, marketers will feel extra lucky, as more light bulbs go off about ERPs: effective rating points. Okay, we get it, there is more work to be done as an industry to arrive at a common measurement standard but effectiveness will be at the core and should be.

Such standards will break the myth that audience-targeting is the alpha and the omega. It doesn’t always work—factors such as publisher, type of editorial content and day-part can have a much bigger impact on engagement than being a woman 18-34. We all know that men watch ads for laundry detergent sometimes, and buy it, and women definitely watch ads for men’s deodorant, and buy it. (We’ve seen the quant and heard the qual.)[3]

And don’t take this the wrong way but sometimes your creative just isn’t right for your target audience, or maybe your target audience isn’t who you think it is. As such, gender-stereotyping will become 2013’s big no-no if you’re after a competitive advantage.

Continuing the Conversation

Time will tell if we are right or wrong. We plan to track progress on these and related issues throughout the year via blog posts and other updates.  So check back with us—let’s continue the conversation about the rapidly evolving world of digital video.

 


[1] Our revenue from interactive formats nearly doubled from Q1 to Q4.

[2] This prediction is grounded in an upward 2012 trend here at Tremor Video:  In Q4, 55% of our mobile revenue came from interactive ad units, up from 12% in Q1. More than 1.21 billion smartphones will be bought worldwide next year (Gartner), further driving brands’ desire to engage these tech-savvy consumers with engaging video.

[3] Using VideoHub, Tremor Video’s operations and analytics platform, we have uncovered instances where ad campaigns targeted at one gender have actually resonated better with the other. During our Video Lives ethnographic study, we interviewed 35 families around the world and in each case fathers said they bought household goods for the family unit—an indication that targeting only women for such products is an antiquated idea.

 

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Tremor Video Releases 2013 Video Predictions

January 2, 2013 by Lisa Lacy

“Digital video technology company Tremor Video has released its video predictions for 2013.”

Read the full story at Clickz.

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