(Originally published on LinkedIn Pulse).
An amazing year comes to an end, with mobile numbers sky-rocketing, viral videos breaking the internet, organic reach nose-diving and content marketing becoming mainstream*. If 2016 saw the rise of online video, 2017 will see the explosion of video content on tiny mobile screens. It’s raining videos everywhere, from Facebook news-feeds to family groups on WhatsApp.[perfectpullquote align=”full” cite=”” link=”” color=”” class=”” size=””]
More than 50% of mobile data is already dominated by videos and this trend will see a sharp rise next year.[/perfectpullquote]
NASSCOM estimates India to have 700 million smartphones by 2020, and 2017 will see the curve climb north, with majority of those consuming video content. With 4G expected to become the norm, we’ll be getting a lot more videos in our news-feeds.
Why video marketing should not be ignored
From Branding To Kick-ass ROI
Facebook is planning to add a dedicated video tab in their apps in a major redesign, aiming to become the home of videos on the internet. That’s just Facebook, YouTube is paddling hard to stay relevant, new platforms like snapchat are right at the border and LinkedIn has jumped in the race with native video for B2B.
For me, this year videos came full circle, from just being conduits of branding, to impacting ROI. Just this year, we experimented with share-worthy videos, which reached millions (one almost broke the internet), drove massive app downloads, and even had impact locally, where a viral video increased footfall and enquires at a local restaurant.
Uphill And Against The wind
The challenge for creating branded video content would be to tailor the videos for short attention spans for the mobile only generation, make them native to tiny mobile screens, be free of blatant brand promotion and provide value. With distribution of videos becoming expensive (Facebook organic reach nose-diving), the content will need to work harder, coz it’s not the views we’re after, but organic, earned ‘shares’ from users. And organic shares help in beating platforms at their own game, as the content gets shared like wildfire, be it on Facebook on WhatsApp. [perfectpullquote align=”full” cite=”” link=”” color=”” class=”” size=””]Views can be bought, but shares are earned! And that’s how you beat the big guys at their own game![/perfectpullquote]
This is the time when brands become their own media companies, creating and distributing content to their own communities on Social. When users are migrating to tiny mobile screens, so will the budgets from TV ads to online video. All in all, exciting times for India and opportunities for marketers and storytellers. With eye balls migrating to tiny mobile screens and time spent on social rising by the year, video will be a phenomenal growth channel for 2017.
My Seven Secrets of Viral Video Marketing
And slide-deck for reference :)
One More Thing..
If you would like to be in the know about my ongoing content experiments and why video marketing should not be ignored… join my mailing list, tweet me up, connect on LinkedIn or check the blog :) An FYI for 2017, ixigo is taking limited clients for videos.
Happy New Year :)
* As confirmed and validated at DMAi’s Content Marketing Council Leadership Breakfast, December 2016