All video publishers are looking to increase their video’s lifetime value. Creating video can be expensive and the shelf life of most video is short. Maximizing those videos assets and their lifetime value is a top priority. With the advent of new technologies such as Video Machine Learning, publishers can now increase their video’s lifetime value by intelligently generating more time on site. Identifying the best image to lead with (thumbnail) and recommending relevant videos drive higher lifetime value through user experience and discovery.
This combination of visual identification and recommendation is like the Reese’s of video. By linking technologies like artificial intelligence and real-time video analytics, we’re changing the video game through automated actionable intelligence.
Ryan Shane, our VP of Sales, describes the advantages of knowing what visual (video thumbnail) (context) produces the most engagement and what video business models benefit the most from video machine learning.
Hear from our CEO, Chase McMichael, who talks about the advanced use of machine learning and deep learning to improve video take rates by finding and recommending the right images consumers engage with the most.
Here are two examples of how video machine learning increases revenue on your existing video assets.
Yield Example #1: Pre-roll
If you run pre-roll on your video content, you likely fill it with a combination of direct sales and an RTB network. For this example, assume you have a 10% CTR, which translates to 1 million video plays each day. That means that you are showing 1,000,000 pre-roll ads each day. Now assume that you run KRAKEN on your videos, and engagement jumps to by 30% to a 12% CTR. That means that you will be showing 1,300,000 pre-roll ads each day. KRAKEN has effectively added an additional 300,000 pre-roll spots for you to fill! This is an example of increasing the video value on your existing consumers.
Yield Example #2: Premium Content
For our second example, assume you monetize with premium content. You have an advertising client who has given you a budget of $100,000 and expects their video to be shown 5 million times. With your current play rates, you determine it will take four days to achieve that KPI. Instead, you run KRAKEN on their premium content, and engagement jumps 2X. You will hit your client’s KPI in only two days. You now have freed up two days of premium content inventory that you can sell to another client! Maximizing your existing video consumers and increase CTR reduces the need to sell off network.
Below is a Side by Side example of Guardians Of the Galaxy Default Thumbnail vs. KRAKEN Rotation powered by Deep Learning. Boosting click rates generates more primary views. While leveraging known images that induce response is logical to insert into a video recommendation (Reese’s). The two together now drive primary and secondary video views.
As you can see from both examples, using KRAKEN actually increases lifetime value as well as advertising yield from your video assets. Displaying like base content sorted by Deep Learning and video analytics by category delivers greater relevance. Organizing video into context is key to increasing discovery. Harnessing artificial intelligence with image selection and recommendation brings together the best of both digital video intelligent worlds.
Bite into a Reese’s and see how you can increase your video lifetime value. Request a demo and we’ll show you.