If you are using Google AdWords to generate leads and drive sales, you’ve probably noticed increasing competition for many of your keywords over the last few years. As a result of that competition, it has become more expensive to run a traditional AdWords campaign.
Luckily for you, many marketers have yet to discover Google AdWords for video, and this presents a HUGE opportunity. With AdWords for video, you’ll often find less competition and much cheaper keyword costs. All good things, right? Of course, costs will vary greatly depending on your industry and keyword focus, but on average, they are about 6 cents per view or click.
Here’s what you need to know in order to run a successful AdWords video campaign.
AdWords for Video – A Quick Overview
AdWords for video enables you to display video ads in the YouTube search results or before, during, and after videos on YouTube and the Google Display Network. Unlike a traditional AdWords campaign, with AdWords for video, you can use demographic targeting to more efficiently reach your audience.
The targeting options are fairly basic (age, gender, and interests), but still, they are useful. This is the biggest advantage of using AdWords for video, as you have much more control over who sees your advertisement.
Google TrueView – Three Types of Ads
Google TrueView videos are called such because advertisers are charged only when a video actually is viewed by a user. The biggest strength of TrueView is the feedback provided to advertisers. Who are the users? Where are they coming from? And most importantly, are they watching?
The best video marketers are able to interpret this data to make better-informed keyword and targeting decisions. By reviewing this data on a daily or even weekly basis, you’ll be able to significantly decrease your cost per click/view over time.
The three formats offered in TrueView are in-stream, in-search, and in-display. (Note that in-slate is no longer available and was discontinued by Google in June of 2013.) Each works a bit differently, and those differences are worth noting, as they influence how people come into contact with your ad and what they must do to access it.
In-Stream: Ads play at the beginning, middle, or end of YouTube partner videos (partners are any YouTube user that has decided to make money by displaying ads in their videos). Viewers have the option to skip the ad after 5 seconds. If the video ad is 30 seconds or longer, you’re charged once the ad reaches the 30-second mark. With shorter ads, you’re charged only if the entire video runs.
In-Search: Ads are displayed in search results when specific keywords are searched and aren’t played until someone selects the video. You’re charged once the user clicks to play the video.
In-Display: Ads appear next to other videos on the YouTube Watch page and are labeled as an ad. You’re charged once the user clicks to play the video.
It’s also worth noting that a single advertisement may appear in any number of formats, allowing you to test which works best for your product, business, or service.
How to Know if Adwords for Video is Right for You
AdWords for video provides a ton of benefits, but it’s not useful for all businesses. Video may not be a good choice for the following reasons:
- Demographics. If your target audience isn’t watching video (highly doubtful, everyone watches video nowadays), then it doesn’t make sense to spend the time to create a video and launch a campaign.
- AdWords for Video click-throughs can be low. There are various reasons for this. The most obvious is that you’re not targeting the correct audience and the viewer may not be interested in your messaging. Also, if you elect to use in-stream video (discussed above), you need to be aware that your video will simply start and the viewer has to elect to shut it off to save you from paying for the view. The viewer may just let it play through even though they have little interest. With the other types of video ads, people must click on the video for it to start. But once they do so, you’re charged for the advertisement.
- It goes without saying that your video should be well done, eye-catching, and interesting. You either need to know how to produce a great video or you need someone who can. Hiring a professional can be expensive.
- If you don’t have in-house expertise, compare the cost of creating a video to that of writing a traditional AdWords advertisement. Does your return on investment need to be a lot higher with video?
How to Create a Great Video Ad
The best-performing video ads are the ones that provide real value to the viewer. Let’s take pizza as an example. Are you more likely to watch an ad that attempts to sell you a pizza or a video ad that teaches you how to make great-tasting pizza?