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The New Must-Have Content: Online Video   Michael Hong Director of Marcomm LG Electronics USA. Internet Retailer 2007
About LG
Lion & Sneakers
Charles Darwin “ It is not the strongest or the healthiest will survive but it will be the one that can adapt to change”
[object Object],[object Object],[object Object],[object Object],The digital era – New Culture
Self actualization Love, Belonging & Self Esteem Safety, Security, Survival Social Consciousness Value pursuit; betterment of the larger collective; community action Emotional Connectedness Sense of community; empowerment (Share Photo/video, self publishing) Utility Task focus, Information access 24/7 (Search, shopping, banking) Maslow’s Hierarchy of Needs Maslow’s hierarchy of needs applied to Digital Evolution
Video
 the beginning  1890 1931 1969
Evolution of Media Technology Internet  as Multi Media Platform UCC
Broadband is driving change 16% of Internet HH 86% of Internet HH 67% of Internet HH
[object Object],[object Object],Brandband opened new opportunities Internet Speed Sensory Impact Video Low-Res High Low High Audio Text Image HD  3D
Broad band Dial-up 2357 Pages 1032 Pages Broad band Dial-up 24.8 Hours Broad band Dial-up 18.2 Days 15.5 Hours 14.3 Days PAGES PER PERSON TIME PER PERSON USAGE DAYS PER PERSON HOME USAGE PER MONTH Broadband Vs. Dial-up Broadband users are active
US Adults 18-54 w/  Home Broadband Connection % of weekly media time Source:   2006 Forrester NACTAS Benchmark Mail Survey-April 2006 Representation of All US Households: N=60,223 They spend more time on internet
More people will watch video on internet Internet Video viewing in two years  Source: IDC Internet Video Usage 2006 TV viewing  in two years
Web 1.0 Internet is transforming Web 2.0 LIFE MANAGEMENT FULL STORY PERSONAL ENTERTAINMENT SOCIALIZE POST BROADBAND COMMUNICATE TASKS SOUND BITES JUST FOR FUN PRE BROADBAND BEHAVIORS SPEED + “ ALWAYS ON”
People are transforming 7 Million Residents
Birth of New Culture & Generation
33% Internet users watch online video  Internet Video Viewers  Q: Have you watched internet video in the past 3 month? N=1,000 Source: IDC Internet Video Usage 2006 Frequency of Viewing  Q: How often do you watch internet video N=230
Who watches online video? ,[object Object],[object Object],[object Object],[object Object],comScore Video Metrix, August 2006 – initial measurement methodology
Subtle gender differences ,[object Object],[object Object],[object Object],comScore Video Metrix, August 2006 – initial measurement methodology
What they are watching? Source: IDC Internet Video Usage 2006 ,[object Object]
Few major players in streaming market ,[object Object],[object Object],[object Object],[object Object],comScore Video Metrix, August 2006 – initial measurement methodology
Few major players in streaming market ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],comScore Video Metrix, August 2006 – initial measurement methodology
Adults 18-34 Adults 18-34 - Monthly comScore Video Metrix, August 2006 – initial measurement methodology
Adults 35-54 Adults 35-54 - Monthly comScore Video Metrix, August 2006 – initial measurement methodology
Adults 54+ Adults 55+ - Monthly comScore Video Metrix, August 2006 – initial measurement methodology
Slight composition differences between sites comScore Video Metrix, August 2006 – initial measurement methodology
YouTube – disproportionate streams by teens 24% were made by 16% of streamers on the site comScore Video Metrix, August 2006 – initial measurement methodology
34 Million UU (YouTube) 22% Reach Explosive growth of Gen. C 14th Largest Web Destination

 and Video content sites
Four keys of online video sites ,[object Object],[object Object],[object Object],[object Object]
Rediscovery of Video
Online Video ad Impact *Source: Unicast data, 2006 Avg. Change % ,[object Object]
Ubiquity of Video Usage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Kleenex  ,[object Object]
[object Object],Good Housekeeping
Buynow.com ,[object Object]
Roo.com ,[object Object]
Mc Donald – UCC ,[object Object]
LG USA.com ,[object Object]
Surge of Online Video Ad Spending
Marketer’s concerns  ,[object Object],[object Object],[object Object],[object Object]
Marketer’s options ,[object Object],[object Object],[object Object],[object Object]
so what’s next?  *Source: 2007 IDC ,[object Object]
Thank You

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The New Must Have Content

  • 1. The New Must-Have Content: Online Video Michael Hong Director of Marcomm LG Electronics USA. Internet Retailer 2007
  • 4. Charles Darwin “ It is not the strongest or the healthiest will survive but it will be the one that can adapt to change”
  • 5.
  • 6. Self actualization Love, Belonging & Self Esteem Safety, Security, Survival Social Consciousness Value pursuit; betterment of the larger collective; community action Emotional Connectedness Sense of community; empowerment (Share Photo/video, self publishing) Utility Task focus, Information access 24/7 (Search, shopping, banking) Maslow’s Hierarchy of Needs Maslow’s hierarchy of needs applied to Digital Evolution
  • 7. Video
 the beginning 1890 1931 1969
  • 8. Evolution of Media Technology Internet as Multi Media Platform UCC
  • 9. Broadband is driving change 16% of Internet HH 86% of Internet HH 67% of Internet HH
  • 10.
  • 11. Broad band Dial-up 2357 Pages 1032 Pages Broad band Dial-up 24.8 Hours Broad band Dial-up 18.2 Days 15.5 Hours 14.3 Days PAGES PER PERSON TIME PER PERSON USAGE DAYS PER PERSON HOME USAGE PER MONTH Broadband Vs. Dial-up Broadband users are active
  • 12. US Adults 18-54 w/ Home Broadband Connection % of weekly media time Source: 2006 Forrester NACTAS Benchmark Mail Survey-April 2006 Representation of All US Households: N=60,223 They spend more time on internet
  • 13. More people will watch video on internet Internet Video viewing in two years Source: IDC Internet Video Usage 2006 TV viewing in two years
  • 14. Web 1.0 Internet is transforming Web 2.0 LIFE MANAGEMENT FULL STORY PERSONAL ENTERTAINMENT SOCIALIZE POST BROADBAND COMMUNICATE TASKS SOUND BITES JUST FOR FUN PRE BROADBAND BEHAVIORS SPEED + “ ALWAYS ON”
  • 15. People are transforming 7 Million Residents
  • 16. Birth of New Culture & Generation
  • 17. 33% Internet users watch online video Internet Video Viewers Q: Have you watched internet video in the past 3 month? N=1,000 Source: IDC Internet Video Usage 2006 Frequency of Viewing Q: How often do you watch internet video N=230
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23. Adults 18-34 Adults 18-34 - Monthly comScore Video Metrix, August 2006 – initial measurement methodology
  • 24. Adults 35-54 Adults 35-54 - Monthly comScore Video Metrix, August 2006 – initial measurement methodology
  • 25. Adults 54+ Adults 55+ - Monthly comScore Video Metrix, August 2006 – initial measurement methodology
  • 26. Slight composition differences between sites comScore Video Metrix, August 2006 – initial measurement methodology
  • 27. YouTube – disproportionate streams by teens 24% were made by 16% of streamers on the site comScore Video Metrix, August 2006 – initial measurement methodology
  • 28. 34 Million UU (YouTube) 22% Reach Explosive growth of Gen. C 14th Largest Web Destination
  • 29. 
 and Video content sites
  • 30.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37.
  • 38.
  • 39.
  • 40. Surge of Online Video Ad Spending
  • 41.
  • 42.
  • 43.

Hinweis der Redaktion

  1. Hi. My name is Michael Hong. I am a director of marketing communications for LG Electronics. But before I start, could you please raise your hand if you have heard of LG for the first time through this conference? Thank you.