Since we are video producers, we are partial to this kind of news:
comScore announced that US internet users watched 12.7 billion online videos in November 2008, up 34% from November 2007. That translates to 77% of users watching nearly 4 hours of video per month EACH with the average video duration being around 3 minutes. THAT’S OVER 90 VIDEOS PER MONTH FOR EVERY MAN WOMAN AND CHILD ON THE INTERNET, or four videos a day. It boggles the mind.
Another recent survey says that 66% of marketers plan to implement online video into their 2009 plans. Uh…YEAH. You think?
Using social media to market your business or organization is more than setting up a Facebook page, as 59 of the top 100 US retailers have done, including BestBuy, Kohl’s and Wal-Mart. You need to connect with people and there is still nothing more powerful than the moving picture, whether it’s coming from your TV or, increasingly, your computer screen.
We’ve said it before, but it bears repeating: videos get shared, commented on and passed around endlessly. When was the last time you forwarded a banner ad to a friend?
How much video do you watch online? Has it changed your TV viewing habits at all?