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How we can fix online video advertising’s weakest links

Feb26
by Sindy Cator on February 26, 2014 at 8:34 pm
Posted In: Analysis and Opinion, Around the Web, Entrepreneur, Social Media

144037229 520x245 How we can fix online video advertisings weakest links

Yuval Brener is CEO of Carambo.la, an interactive video enrichment platform.


No matter how you look at it – bandwidth consumption, number of viewers per hour, virality – online video has taken over the Web. ComScore states that 89 million people in the United States are going to watch 1.2 billion online videos before the day ends!

Over six billion hours of video are watched each month on YouTube alone. That is nearly an hour of video for every person on the planet. Five Vines are tweeted every second – humans breathe less than that.

Naturally, the cash follows and online video advertising became the fastest growing segment in the advertising world, doubling every two years. Still, it’s far from fulfilling its potential.

Shifting online display and search budgets towards online video is a major part of this astounding growth, but the market’s real upside is offline budgets. Moving dollars from offline to online is a painful and slow process. It must overcome broadcaster interests, ingrained buyers’ habits and people’s fear of change… but if anyone can do it, it’s online video.

Regardless of its sources, this kind of growth is great news for the entire online video ecosystem, including owners, publishers, advertisers and video related startups. However, it’s also the industry’s weakest link is it is the slowest to evolve.

A revolution! Or was it?

On the content side, the revolution is peeking. Original online content has taken the major steps towards TV standards in terms of production level, content formats, resolution standards, and even media buying methods.

AOL, Yahoo, YouTube, Netflix, and others have all professionally produced content according to its users’ tastes, pushing user generated content aside.

A similar revolution is occurring on the distribution side, both for users – who are now surrounded by countless screens that make videos more accessible than ever – as well as for content owners who are now syndicating their content in order to reach their audiences and stand out in this highly fragmented market.

Soon enough, offline videos will be extinct and the revolution will enter the next stage, revealing online video’s hidden potential: Interactivity.

The “1.0 monolog” experience didn’t survive in any other area of the online arena, and there’s no reason for video viewing to be the first one to do so.

The desire for interactivity is nothing new. It’s almost an obvious thing for both users and advertisers, especially within video content. Thus, why haven’t interactive videos found their place yet in the daily use?

Interactivity or nothing at all

In order for interactive videos to become an integral part of the everyday viewing experience they must consist of four aspects:

  1. Real value for the user.
  2. Experience that blends intelligently with the video viewing experience.
  3. Native Ad units.
  4. Created automatically.

If content is still king, then scale has got to be the queen – and we all know who is running the show at the palace. Automated interactivity that captures three of the other criterias is hardly a walk in the park. It’s a challenge. Unfortunately, there can’t be any shortcuts here.

If it doesn’t scale, it’s not interesting.

Meanwhile, in the advertising space…

The market is moving forward in terms of matrices – shifting from CTRs and CPMs to Cost Per Engagement and Cost Per View. In terms of technology and in the way media is being bought, however, the dominant inner-video ad formats are the same: A standalone pre-roll.

Using the offline approach (a 15/30 second spot) for the online arena was the obvious thing to do in the industry’s early days, mainly because advertisers understood it.

Not anymore.

Yahoo’s Marissa Mayer’s important announcement about cutting all of Yahoo’s mobile display ads in favor of native formats was the official tipping point for those who needed one. The evolution has (finally) found its way in the advertising space.

The future

In 2014 and beyond, inner-video advertising should be about branded content (as AOL is doing with “BeOn“). It should be about “Pull, Not Push” advertising (YouTube is half way there with the “polite/skippable Pre-Roll”), about multiple touching points with viewers across ad formats, and it must be about proximity to content.

Advertising’s deepest weakness is the distance between the viewing experience and the content experience. Bringing the two closer together through real native advertising is the key to better campaign results.

The content is finally great, the audience is already here.

2014 might just be the year in which online video advertising evolves into what it should have been from the very beginning.

└ Tags: syndicated
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The Nexus 5’s Google Now Launcher arrives as a standalone app for Nexus and Play edition devices

Feb26
by Sindy Cator on February 26, 2014 at 7:58 pm
Posted In: Apps, Around the Web, Google

Google has released the Google Now Launcher found on the Nexus 5 as a standalone app in Google Play, offering “Ok Google” hotword voice searches and a quick swipe to view contextual cards.

Other Android users have been jealous of the Nexus 5’s special Google Now features for some time, so today’s release should make a lot of people happy. It’s not for everyone, though, as the new app is only available for Nexus and Google Play edition devices.

googlenow 2 730x455 The Nexus 5’s Google Now Launcher arrives as a standalone app for Nexus and Play edition devices

Intrepid users have been sideloading the Google Experience Launcher onto supported devices, but now Google is officially bringing it to other Android flagships.

➤ Google Now Launcher

 

└ Tags: syndicated
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You can now link your AdWords and Google Analytics accounts, use auto-tagging to get new mobile app reports

Feb26
by Sindy Cator on February 26, 2014 at 6:40 pm
Posted In: Around the Web, Google, Insider

141396453 520x245 You can now link your AdWords and Google Analytics accounts, use auto tagging to get new mobile app reports

Google today announced deeper integration between AdWords and Google Analytics for Mobile Apps. In short, you can now link your AdWords and Google Analytics accounts and enable auto-tagging.

By doing so, you can start receiving a new set of automatic detailed reports on things like day parts, destination URLs, and keyword positions. Google hopes this information will help advertisers make faster and better decisions about marketing their apps by showing how their search and display campaigns are performing and see what type of users are being driven to Google Play.

image 2 You can now link your AdWords and Google Analytics accounts, use auto tagging to get new mobile app reports

These new reports cover both display and search campaigns, letting you:

  • Check the Campaigns report to better understand users being driven into your app, and see how they use your app.
  • Find out from the Day Parts report when users are interacting with your campaigns.
  • Use Search reports to find out which keywords and search queries are acquiring the most new users.

“Ad campaigns should help you find the best customers,” Google Analytics for Apps Product Manager Rahul Oak explains. “These new reports go a long way towards identifying them. Whether you track in-app revenue or specific goal conversions, you’ll be able to tie user quality to the campaign that brought them to your app.”

Whether the reports work or not for everyone remains to be seen. That being said, it can’t hurt to try them out: if you use AdWords and Google Analytics, enable auto-tagging and Google says it will handle the rest. The new reports can be found “over the next few days” under the Acquisition menu for Google Analytics App Views.

➤ Link/unlink Analytics & AdWords accounts and The benefits of auto-tagging

See also – Google Analytics gets Speed Suggestions report to help you boost your website’s performance and Android developers can now link Google Analytics with Google Play to see user acquisition and engagement for apps

Top Image Credit: Kimihiro Hoshino/Getty Images

└ Tags: syndicated
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How to build feedback into the culture of your startup

Feb26
by Sindy Cator on February 26, 2014 at 6:06 pm
Posted In: Analysis and Opinion, Around the Web, Entrepreneur, How-To's, Insider

78530804 520x245 How to build feedback into the culture of your startup

Jason Freedman is the co-founder of 42Floors, making it easy for everyone to rent office space. He’s a two-time Y Combinator alum and blogs regularly on humbledMBA. This post was originally published on the 42floors blog.


I remember showing school essays to my dad growing up. He’s a really good writer and so getting his feedback before I turned a paper in usually helped me make some improvements.

But whenever I’d watch him reading over the pages, I would secretly be hoping he’d read it and say that everything is perfect. I obviously thought it was already perfect, otherwise I wouldn’t have shown it to him.

The truth is I didn’t really want any critical feedback. As a teenager trying to finish his homework, my only goal was to do the minimal amount of effort necessary to get a good grade and be done with it.

It was such a harmful way to think. And I’ve noticed that I have let it carry into my startup life as well. Often times, when I seek feedback on a project, it’s not actually constructive feedback that I want; it’s simply approval. I want a pat on the back and a “job well done.”

Of course, that doesn’t push me to work harder. It doesn’t provide me new perspectives. And it certainly doesn’t yield the best product.

I’ve noticed that most people have difficulty seeking constructive feedback. If you’re pretty good you can at least accept constructive feedback, but rarely will you actively seek it out. Often times you’ll still be plagued by that teenage desire to simply seek approval.

But when you meet someone who is hungry for tough feedback, the effect is powerful. You can just tell that they’re going to be successful because they are so hungry for information. Their pace of learning is so much quicker than anyone else who toils alone. They don’t take criticism of their work personally, and because of this, they exude a deep sense of confidence.  I’m always inspired when I see that in its purest form.

But, if you’re someone that struggles with seeking out tough feedback here’s a little trick we use at 42Floors.

The Thirty Percent Feedback

It’s a trick I learned from our investor, Seth Lieberman. It came about because I once asked him for feedback on a product mockup, and he asked if I felt like I was ninety percent done or thirty percent done.

If I was ninety percent done, he would try to correct me on every little detail possible because otherwise a typo might make it into production. But if I had told him I was only thirty percent done, he would glaze over the tiny mistakes, knowing that I would correct them later. He would engage in broader conversations about what the product should be.

In this particular case, I was indeed ninety percent done and so we debated a few details, I got my pat on the back, and I moved on.

As he was leaving, he said:

“Next time come to me when you’re only thirty percent done and I’ll give you thirty percent feedback.”

So a few months later on a different project, I came to him with some questions on a project that was still in its early stages and we wrestled with the direction together. I didn’t polish anything and he made sure not to critique things he knew I would fix later. It was really freeing.

I knew I wasn’t putting my best foot forward and he didn’t care. He was able to help me shift course without the sunk cost of throwing away a ton of work. 

We try to do a Thirty Percent Feedback sessions whenever we can in our office. It’s not easy though. Most people I find still want to wait until they’re ninety percent done. But that’s rarely optimal and usually involves painful rewrites.

If you want to get your team on board with Thirty Percent Feedback, it won’t be easy.  Here are a few suggestions to help you get there:

Building the Thirty Percent Feedback into your culture

Lead by example

Duh. Don’t worry about anything else below if you can’t there.

Ask for it explicitly

You have to be deliberate because you’re fighting against an innate fear most people have: fear of rejection.  Some of your best people are accustomed to being good at everything they do, so they may be the toughest to get on board.

You have to explicitly ask people to be on board with this concept.

Reward people with great feedback

Whenever someone comes to you for early feedback you have to reward it. If, even just once, you reject someone’s draft because it’s not polished enough for you, you’ll teach everyone else in the organization to always be 100 percent done before approaching you.

Execs at big companies may want everything perfect before it gets to them, but that’s no way to run a startup.

Praise speed

When someone takes way too long to get a first draft out because they’re being perfectionists and you praise them for their quality craftsmanship, it teaches everyone to do the same. You should, instead, praise people that move incredibly fast.

We always strive for one week. Even for the most complex projects, we try to see what can come out as a first draft within one week. From that point on, they can get feedback and start iterating.

Demo regularly

Set up the company for everyone to demo at your weekly meetings, regardless of what stage their project is in. It’s more of a show us whatever you have.

We used to be forced to demo every week. It was both daunting and humbling. But once we got used to it, we actually got addicted to the immediate feedback. That’s the culture you want.

One final note. Every once in awhile you’ll still have to give someone tough feedback when they thought they were 90 percent or 100 percent done. It always feel shitty to have throw away work.

But hopefully with this system, it will happen much less. And the result will not only be better products, but happier people.

└ Tags: syndicated
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Integration complete: New Skype users can now sign up with a Microsoft account

Feb26
by Sindy Cator on February 26, 2014 at 5:46 pm
Posted In: Apps, Around the Web

In addition to including Microsoft account support in its Windows Phone app, Skype today also started letting new users signing up on Skype.com to register with a Microsoft account (in addition to a Facebook account). Here are the advantages of doing so, according to the Microsoft-owned company:

  • Less to remember with just one email address to sign in to Skype and your other services: just click on the Microsoft account button to sign in with your email address and password.
  • Enhanced password recovery experience, so you can now easily reset your password by receiving a security code sent by SMS or email.
  • Optional two-step verification to help keep your account more secure.

What Skype doesn’t mention, of course, is that if your Microsoft account is compromised, so is your Skype login. Turning on two-step verification, as noted in the third point above, is particularly important if you’re going use one account for multiple services.

See also – It’s confirmed. Microsoft announces acquisition of Skype for $8.5 billion and Microsoft completes Lync integration into Skype, offers one unified communications platform for Windows and Mac

Image Credit: Justin Sullivan/Getty Images

└ Tags: microsoft, syndicated
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