Automotive Digital Marketing

Professional Community for Car Dealers, Marketing, Advertising and Sales Leaders

Loading... Be Patient!

Consumers Like Video So Much They’re Paying More To Watch It

Video, and especially mobile video, is fast becoming the media of choice for consumers of all ages. From the cable-free movie, to online streaming services, to the latest and greatest phone apps storming the scene, we are all consuming data at a record pace. According to a white paper by Cisco, mobile data has increased in size nearly 30 times since the year 2000. And mobile video accounts for 55 percent of all data traffic.

 

Today, consumers are increasing data plans with their cellular phone companies so as to consume more video – and they’re doing so willingly -- according to a recent article on Mashable. The article reports the massive growth of the mobile live-streaming app, Meerkat. With Twitter entering the live-streaming market Monday via their recent acquisition of Periscope, smartphone users are finding more ways to share video with each other than ever before. In fact, in less than 24 hours, Periscope broke into the top 50 apps on the iTunes app store illustrating the remarkable demand for video content. And, according to the article, “wireless carriers have invested more the $1 trillion in the last few years to build out networks capable of serving massive amounts of data and high speeds.”

 

And as far as video itself -- Almost every major social media application has integrated video into their platforms. Why? Because that’s what their users want. Videos are given more organic reach on Facebook. Platforms are opening up their APIs to allow for video embedding. User-generated video content is exploding.  And consumers have made it very clear that they like video content so much that they are willing to increase their cellular phone budgets so as to consume more of it. If this is the case, then why not market to them in their format of choice?

 

Back in the day, most people read physical newspapers and watched local television… and that’s where car dealers advertised. For lack of subscribers, newspapers moved online, or went out of business.  And then, as streaming video services became a more popular (and less expensive) alternative, people started ditching cable.

 

None of us knows what the future will bring. Change will come, but we don’t know what or when.  All we do know for certain is that right now… video is where consumers have placed their attention.  And not just video, but especially in mobile format. If only for that single reason, that’s the content car dealers should be producing.  Take a look at your marketing and see how you can improve on your video content. It would also be wise to ensure that your web content and any video is mobile ready, so this new generation of consumers can access and even share your content.

Views: 40

Tags: automotive, cellular, consumers, data, dealerships, marketing, meerkat, mobile, money, twitter, More…video

Comment

Oops... You need to stop "Lurking" on ADM and become a more genuine Automotive Professional by completing your membership registration. As a registered ADM Member, you can post comments, publish your own articles (be a star!) and start Forum discussions. Stop being an online "Peeping Tom" and JOIN ADM RIGHT NOW!

Join Automotive Digital Marketing

Automotive Professional Network and Resource Exchange for Car Dealers, Managers, OEM and Marketing Practitioners seeking Best Practices.

ADM Sponsor

Please Consider Automotive Marketing Professional Community Sponsors

ADM Badge

Loading…

Based On Your Interests...

ADM Consulting, LLC

Onsite/Offsite Combination ADM Consulting, LLC Professional Services
Select the maximum monthly investment you plan to make
$USD
Sign up for

Automotive Marketing Tools

Get ADM Toolbar

Click here to take the ADM Member Survey

Getting too many emails from ADM? Click mailbox below to control which types of alerts and updates you are sent......


Instagram

Top Automotive Marketing Forum Discussions

1. Best VPN

Posted by Christie on March 22, 2019

Share the Best Content w/AutoMarketing Community

© 2019   Created by Ralph Paglia.   Powered by

ADM Badges  |  Report an Issue  |  Terms of Service