A rather big milestone in the world of Internet Video with the CommScore Internet Search Rankings Report last month highlighting that Youtube had just overtaken Yahoo as the second most popular search engine.
As Internet bandwidth improves more and more we will search, consume, share and produce video content. The natural follow on from that will be greater internet video advertising.
The fact is, most of us are visual in the way we get our day to day information.
I know myself that when I'm trying to work out how to do something in Photoshop, say I'm looking to create a blurred background effect, then the first place I go and search now is Youtube, looking for a demo by some whizz who knows how to really drive the program.
You can then start to apply that to a whole range of "How to" type videos.
Not being the handyman type, I've used it to find out how to change a washer on a tap or a very quick class on how to cook a perfect garlic chook .
Combine this with mobility - and then you have rich instructional video anywhere - add haptic devices and then things start to get really interesting!
If a picture is worth a thousand words then what is a video worth?
Chief Marketing Officers at many of the biggest brands in the nation are seeing a major shift in the marketing landscape. Almost two-thirds (63%) of the 175 marketing executives surveyed see an increase in their spending on interactive/digital marketing while 59% report a decrease in traditional marketing spend.
CMOs of the biggest brands have been early adopters of new media with social computing and blogs receiving the most interest whereas instant messaging and interactive TV ads were the least popular.
* Social computing (including word of mouth, social networking sites, viral advertising, etc.) was the most popular emerging channel with 42% of marketing executives expressing interest in adding it to their marketing mix. * Blogs were the second most popular emerging channel: 35% of marketing executives want to pursue blogs and 19% already use blogs * Almost one-third of CMOs mentioned Podcasting as an area of interest: 31% are interested in adding Podcasting to their marketing mix and 18% already have. * Mobile devices also elicited interest: 29% are interested in Mobile Devices (Phones/PDAs) and 22% have added them to their marketing mix.
" we looked at work for Tourism Australia that was produced by Baz Luhrmann, who just happens to be gearing up for his newest movie, an epic love story called "Australia" starring Nicole Kidman and Hugh Jackman. The Australian filmmaker, known for "Romeo + Juliet" and "Moulin Rouge!" teamed up with Australia's tourism board to conceive the spots, which also feature an Aboriginal actor who's in the movie. With both the place and a character in common with the film, we wanted to know how well this campaign sells content and commerce simultaneously. Do these spots make you want to pack off to Australia? How 'bout the movies?
While Rate the Adsters liked the campaign, most—other than the proud Aussie, that is—just couldn't swallow all the magical desert dust. Commenter "AndrewR" says, "I think the insight (need for revival & escape) is interesting, and the truism about the brand (incredibly grand nature & escape) is spot on....What bothers me though is the dark, moody and seemingly one-trick gravitas of it - and the seemingly narrow target audience this will appeal to. To be truly effective it'll need a number of different moods and executions to provide a bigger story and emotional connection with the 'brand' of Australia. I only hope Tourism Australia has deep pockets, because Baz ain't cheap!"
"Grafbob" points to how Tourism Australia might be a wee out of touch with the global economic climate: "I tend to be an American workaholic. The spot did rekindle my memories of discovering the Cascade Mountains nearby. Being mostly broke these days, Australia seems like Mars. ...Given the current economic situation, I feel that it might be a long time before I would be able to get down under."