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An Introduction To 360 Videos - Techjini - Ebook
An Introduction To 360 Videos - Techjini - Ebook
TO 360° VIDEOS
How to use 360° videos to get the results you
want from Display Advertising
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TABLE OF CONTENTS
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Chapter 1
INTRODUCTION
Ads are getting ignored sive banner ads because they were being
ignored by their audience anyway.
People’s buying habits have
drastically evolved over the years. Fast forward to 2016, we see a
Glittery banner ads that would force your
new trend in digital
product down the visitor’s throat may have advertising.
worked in the past. Visitors would either Customers of this age expect intuitive and
grudgingly click on an ad, or as was the case entertaining advertisements. It is not too
more often, they would click on it unwit- much of a stretch to say that customers
tingly. now only respond to ads that don’t even
seem like one! As a result, the field
A major drawback that traditional ads had of marketing is constantly evolving.
was that they were not sufficiently engag-
ing. When display advertising made its Could 360° videos be
foray into the world of marketing, many
marketers struggled with deriving results the future of advertising?
from it, despite the magnitude of ad spend. Marketers are constantly bombarded by
Most of them knew only one way of doing new trends, technologies, and strategies.
display advertising and that was to bom-
bard innocent website visitors with aggra- These new concepts make lofty promises:
vating ads. These ads would often lack both
-Help companies stand out from the
context and value. It wasn’t long before
crowd and really impact the consumer
display ads were viewed with great distrust,
and website visitors installed various tools -Help marketers do their job better and
to prevent ads from showing. drive meaningful results, in terms of
growing the brand and creating enough
The world held onto this notion for a while. whir around the company and its products
Marketers started to shy away from asking -And finally, help achieve the ultimate
management to shell out money for intru- goal of driving more sales
Although it has become a hot trend over the last few years,
VR has been around for a long time now. With some of the
biggest companies in the world harnessing the potential of
VR by pumping billions of dollars into it, this intriguing tech-
nology has been brought to the spotlight like never before.
● 360° advertising is too futuristic of an With 360° content, you are offering your
approach to make business sense today prospects and buyers the ability to look up,
down, left, right, behind, around - essentially,
● 360° & VR marketing are meant to be
anywhere they want and be surrounded by
relegated to event based installations such
content on every side. Virtual reality, as an
as at Comic Con or at gaming arcades.
additional step, requires a VR headset to
You’ve been on the VR roller coaster ride
experience the same or an even more intensi-
too, haven’t you? (pun intended)
fied 360 degree content inside a VR headset.
● 360° marketing is going to completely This dependency on head mounted displays
take over how businesses brand themselves (HMDs) stumps marketers immensely,
and become an all-encompassing approach because VR headsets have not reached critical
to both marketing and advertising mass yet.
● 360° marketing is the same as 360° If this is the reason you are holding back, then
advertising and essentially comprises the you will be happy to know that a headset is
videos you now see on Facebook and not required to experience 360 content!
Youtube.
Let’s delve into why these statements are Immersive 360° content can be enjoyed on
not entirely valid. just about any device - smartphone, tablet or
Video games offer an immersive storytell- ad engagement and click through rates.
ing experience because of their innate Increasingly, advertisers are working hard Gamification is fast catching the imagina-
ability to transport people to other worlds. to create stories around their brand and tion of marketers and decision makers in
They also give the players the ability to products - stories that will resonate with organizations. Studies have proven that
control their own “fate” depending on how their audience on a personal level. gamification is very effective in engaging
they choose to play the game. When you with consumers, influencing their behavior
watch a TV show, you’re merely a spectator. The most effective ad is one that can and earning customer loyalty.
But when you play a video game, you’re an communicate with the consumer on a note
active participant. that they can relate to. And what better way 360°/VR ads are all set to become a potent
to accomplish this than by incorporating platform for application of gamification,
This is very similar to what the world of 360 views into it? 360° and VR technology helping advertisers create an engaging
virtual reality offers as well. When you’re present you the incredible freedom to tell a experience for their consumers and allow-
watching a VR video (or playing a VR video story to your consumer while completely ing brands to ultimately realize the desired
game), you’re not viewing things from far immersing them into the content of the ad, marketing goals.
away, you are a character in the game your- which further forges an emotional connec-
self, engaging and interacting with the tion with the consumer. Once you get going, there are a multitude
environment and other characters. of fun ways you can gamify your 360°/VR
VR underscores the importance of video
360° Degree Content and ad - mazes, puzzles, running games, learn-
ing games - the possibilities are endless!
games as narratives and offers a framework Gamification Combining the entertainment value of a
to create stories that redefine how brands According to a study, gamified ads have a
game with the highly engaging immersive
showcase their products. In fact, the video 6% higher engagement rate than traditional
experience of 360° ads can drastically
game industry has been the first to whole- ads. Gamified ads are so effective that they
transform the ad experience for consumers.
heartedly embrace 360° and VR technolo- can generate CTRs that reach a whopping
gy. Combining storytelling with incredibly 28.8%, which is pretty impressive consider-
high levels of immersion is going to be ing that traditional rich media ads only have
game changing. a CTR of less than 1%.
● Higher CTR
● Better engagement
● Are you looking for techniques that In a study, it was discovered that 360°
will help you drive engagement up to lofty video had a 46% higher view count
heights and help your message stand out compared to the standard video, making it
from the noise of other brands? a more cost-effective buy.
● Do you want to see a dramatic boost Youtube’s trending 360° videos have
in the ROI from your marketing and garnered 4,902,183 views collectively.
advertising efforts?
Uploads of 360° videos continue to grow
Then it just might be time for you to make and have doubled between the months of
a move on 360° technology. Getting April-June this year.
started early will also grant you the
first-mover advantage and help your brand Global search interest for virtual reality on
really stand out among consumers. Google has grown by nearly 4X in the last
year (Google Data, Global, May 2016.)
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