Dive Brief:
FaceÂbook repÂreÂsents 46% of all video ads creÂatÂed, and that share jumps to 74% when includÂing video ads on its phoÂto-sharÂing app InstaÂgram, accordÂing to research from Clinch made availÂable to MarÂketÂing Dive. Those figÂures mean that FaceÂbook tops Google’s YouTube for video ad camÂpaigns, which repÂreÂsent 41% of the market.
The study also showed that, despite healthy growth in digÂiÂtal video ads, qualÂiÂty and platÂform fit remain an issue. About 75% of marÂketers simÂply adapt their TV comÂmerÂcials for digÂiÂtal video efforts, with 44% reportÂing that they don’t shortÂen comÂmerÂcials for each platÂforÂm’s sugÂgestÂed length. For examÂple, TV spots typÂiÂcalÂly run 15 to 30 secÂonds, but FaceÂbook and YouTube recÂomÂmend six-secÂond videos.
Half of the responÂdents said they see strong results when perÂsonÂalÂizÂing their video camÂpaigns. About 90% of marÂketers with cusÂtomized FaceÂbook or YouTube video ads reportÂed seeÂing benÂeÂfits, and 70% of those say they have seen improveÂments in KPIs.
Dive Insight:
FaceÂbook beatÂing YouTube for video ads might point to marÂketers’ linÂgerÂing conÂcerns over Google’s abilÂiÂty to guarÂanÂtee ad placeÂment on brand-safe chanÂnels. FaceÂbook has also been rampÂing up its video efforts on News Feed and newÂer platÂforms like Watch to draw conÂtent creÂators and adverÂtisÂers away from YouTube as the platÂform strugÂgles with diminÂished trust folÂlowÂing sevÂerÂal instances where ads appeared next to unsaÂvory content.
It’s a weakÂness FaceÂbook is more freÂquentÂly takÂing advanÂtage of, as reports surÂfaced earÂliÂer this week detailÂing a proÂgram the social media giant is testÂing that offers marÂketers the chance to purÂchase ads on videos that it deems to be brand-safe. AdverÂtisÂers can parÂticÂiÂpate in the proÂgram for $750,000 for three months but have litÂtle conÂtrol over where ads will appear, which has made some leery of the iniÂtiaÂtive. Google, for its part, is tryÂing to ease marÂketers’ conÂcerns with tougher ad eliÂgiÂbilÂiÂty requireÂments for conÂtent creÂators and stricter vetÂting criÂteÂria for the videos that can include ads.
As 78% of marÂketers plan to increase their proÂducÂtion of digÂiÂtal video ads in 2018, accordÂing to Clinch, this comÂpeÂtiÂtion will likeÂly intenÂsiÂfy. The group’s research also highÂlights that marÂketers too often take a one-size-fits-all approach with their video camÂpaigns. Only half report perÂsonÂalÂizÂing them, and nearÂly half say they don’t taiÂlor the conÂtent to the platÂform. This could put brands at a disÂadÂvanÂtage, as adaptÂing creÂative to the audiÂence and platÂform yields the best ROI.