Video Advertising Trends
Mobile devices have transformed how we connect and do business, ushering in an era where video advertisements can make or break your marketing campaign. These video advertising trends open up new opportunities for businesses to reach their target audience.
1. Video Ads Keep Getting Shorter
Todayโs consumers have a low tolerance for lengthy video ads โ over 25% of adults admitted they would stop watching a video within the first 10 seconds. More than half say they would stop within 20 seconds.
As a result, advertisers turn to bite-sized video ads, especially if thereโs a sequence of ads back to back (Source: Marketing Sherpa).
How short should video ads be? An analysis found that Instagram videos should not exceed 30 seconds, Twitter videos should be limited to 45 seconds and Meta (previously Facebook) videos should be no longer than 1 minute.
Short-form video content has been found to yield the highest return on investment (ROI) throughout 2023.
A Hubspot study shows that short-form video is the preferred format for product discovery among Gen Z (57%) and Millennials (42%).
Social media marketers have also recognized its power, with 54% choosing it as their primary format. In fact, 33% of marketers plan to invest more in short-form video than any other format.
The effectiveness of short-form video is undeniable, with 83% of users considering it the most effective format. Of those already investing in short video ads, 90% plan to maintain or increase their investment.
Meanwhile, 42% of marketers who havenโt used short-form video plan to give it a try, making it the go-to format for todayโs modern marketers.
2. Shoppable Video Ads Set To Sustain Popularity in 2024
As the name suggests, a shoppable ad enables customers to browse and buy products directly from the advertisement.
Source: Insider Intelligence
Shoppable media is the future, with 57% of ad agency professionals worldwide believing that this type of advertising will be the next frontier.
Shoppable TV ads have proven to be highly effective for cutting through the noise and boosting customer engagement due to their interactive nature.
Samsung Adsโ survey revealed that over half (55%) of smart TV viewers recall seeing a shoppable ad, with 50% having interacted with one (Source: Insider Intelligence).
Walmart also reported that click-through rates (CTR) for campaigns using Rokuโs shoppable ads were at least three times higher than for average video campaigns run through its digital signal processing (DSP).
Other companies have also seen positive outcomes from using shoppable ads in their digital campaigns.
The Fresh Market used on-site shoppable videos to improve its customer engagement strategy. The goal is to replicate the enjoyable and inviting in-store shopping experience on its digital platforms.
By adding short shoppable videos to its website, the retailer has observed a significant increase in engagement rates for videos (113%) and session time (115%).
Similarly, Stolen Stores utilized shoppable video across their website, employing a variety of formats to engage visitors and increase conversion rates through one-click purchasing.
As a result, they experienced a 10% rise in the average order value.
3. Sound Off for Out-Stream Video Ads
Weโve all experienced it. Youโre browsing a webpage, and an unseen video ad suddenly starts blaring at full volume.
Itโs a situation that frustrates many โ with 66% of people saying they hate it when video ads automatically play with sound (Source: Teads).
Source: ChatterBlast Media
As it turns out, 53-78% of people prefer sound off for video ads, depending on the context.
Here are other advertising stats that show why sound-off-video ad formats top autoplay ads:
โข 85% of Facebook users watch with the sound off (Source: Digiday) โข 79% of LinkedIn videos are viewed without sound (Source: LinkedIn) โข Videos using captions increase viewing time by 12% (Source: Facebook)
The solution โ outstream video ads.
Outstream ads involve integrating videos within the content users read. These videos autoplay silently when scrolled over and paused when out of view.
According to statistics, outstream ads have shown higher click-through rates (CTR) and longer engagement rates than in-stream video advertising.
Captions are another way marketers adapt to these emerging trends in digital marketing.
Research shows that 80% of consumers are more likely to finish watching a video when captions are available (Source: Verizon Media).
In Amazonโs September 2023 video ad, a man shares his experience working for the company.
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