Tips to Maximize Your Video Advertising ROI
If you're looking to optimize your video ad campaigns and improve your return on investment (ROI), AllMediaDesk offers an easy-to-use self-service portal that simplifies the process of buying video ads on YouTube and across websites. But besides our great platform here are some tips on how you can increate your ROI and performance:
Define your aim
Before you can optimize anything, you need to define what your goal is. Most advertisers only focus on the click-through rate (CTR) of their ads, meaning how many people clicked on the ad.
But maybe that's not the right metric for you. The total number of clicks you get for your budget, expressed as cost per click, can also be a good indicator. Maybe some publishers you place your ads with don't have the best CTR, but are cheaper than others, so you get more clicks overall, even if you only look at the percentage of click-through rate, the result doesn't look perfect.
The gold standard when it comes to performance is return on investment (ROI). So how much do I need to invest in video ads e.g. on YouTube to get a dollar return? Online video advertising gives you a good way to measure this, as you can track the people who click on the video. However, to achieve complete transparency, you also need to offer a good or service that can only be purchased online and invest in technology that allows you to track what visitors do when they get to your website after they click on the ad.
Remember, though, that your video ads don't just deliver revenue-driven performance data, they also deliver a message that will stick with the viewer, even if they don't click on your video ad immediately. So it may be useful to monitor search traffic for people who later search for your brand, or conduct a survey to see how your brand awareness has increased as a result of your campaign.
How to Maximize ROI and performance with Video Advertising on YouTube and Websites
So once you have determined what your goal is and how you can measure it, you can optimize your campaign. This can be achieved through various strategies:
Don't just focus on placing video ads on a website like YouTube. Try different media channels by, for example, running the video ad on YouTube as well as on websites that are contextually relevant to your product or service. By trying different things in different campaigns, you can gain insights into what works for you. With AllMediaDesk you can easily book different media placements, just give it a try.
The ROI and performance of your video campaign will also depend heavily on the message in your video and the type of production. You can follow general tips for creating a good video ad, but in the end it comes down to A/B testing.
Don't try to test too many different things at the same time. For example: Take one of your campaigns and create two different ads. Try them out in parallel and see which one works best for example by reviewing the CTR or the View-Through-Rate (CTR). It's best to only change small things, such as the call to action at the end of the video, to see which changes work for you.
Online video advertising on websites and YouTube has the great advantage over linear TV advertising that it can be used in a targeted manner. So try to think about exactly which target group your product or service should appeal to.
Just make sure that you avoid limiting your target group too strictly, because then there is the problem that you will not reach enough people for your campaign.
With metrics like CPM, CTR, and View-Through-Rate tracking available at your fingertips, you can constantly adjust and optimize your campaigns for better results. By measuring these KPIs, you can identify areas for improvement and optimize your video ads for better performance across both YouTube and websites. AllMediaDesk platform allows you to even in the middle of the campaign to stop if and use the rest of the budget again for you next campaign.
YouTube Ads Optimization Hacks for Better Performance
To achieve the best performance especially with YouTube video ads, since this is a big player in the industry, consider the following optimization tips:
- Shorten Video Length: Studies show that shorter video ads (15 to 30 seconds) typically have higher engagement rates. Experiment with different lengths to find the optimal balance between brand messaging and user attention.
- Use Compelling CTAs: Always include a clear call to action in your video ads, prompting viewers to take the next step, whether that’s visiting your website, subscribing, or making a purchase.
- Optimize for Mobile: Since YouTube and websites are accessed heavily via mobile, ensure your videos are mobile-friendly in format, design, and load speed.
Is Video Advertising Worth It?
It is difficult to answer this question in general terms, because whether you achieve a positive ROI depends not only on your advertising strategy itself, but also on factors such as the attractiveness of your offer, the simultaneous offers of your competitors, etc.
In general, however, it can be said that video advertising on platforms such as YouTube and websites offers a good opportunity to attract the attention of viewers. Display ads tend to be cheaper and therefore work better if you are only looking at conversion. However, if brand building is also a priority, video ads are ideal for you.