Ads Need to Work Harder to Break Through to Millennials, Says New Study from IPG Media Lab And YuMe
Research on tablet video consumption explores how to reach elusive millennials
REDWOOD CITY, November 14, 2013 – YuMe, Inc. (NYSE: YUME), a leading provider of digital video brand advertising solutions, and IPG Media Lab unveiled their latest research results on millennial video consumption and behaviors, including data on ad effectiveness among this demographic.
While the first phase of the study determined whether the tablet is the ultimate video viewing device, comparing tablets to TV, mobile, PC and comparing in-browser to in-app, the second phase broke down millennials’ media consumption, multi-tasking habits, and revealed which device is most effective for brand recall and persuasiveness within this influential demographic.
“This study really did exceed our expectations, as it not only proved the power of tablet video consumption, but it dove deeper to showcase actual habits and consumption of millennials,” says Kara Manatt, Vice President of Consumer Research Strategy at IPG Media Lab.
Study Highlights: Millennials and Digital Video
- Millennials are more heavily distracted while watching video, and therefore, ads have a harder time breaking through
- When video ads do break-through, there can be a more positive brand impact on millennials compared to other generations
- Smartphones are the most popular device for millennials to frequently watch web videos
- Video ads are especially effective among millennials when appearing on smartphones
- Millennials are more likely to multi-task with other connected devices
The results were presented at the Videonomics Summit and revealed that when it comes to multi-screen video consumption, not all demographics are created equal.
“We were excited to have YuMe and IPG present their latest research around millennials at the Monarch Beach Summit,” says Josh Messinger, President of Videonomics. “200+ senior marketers and media execs welcomed clarity around how to reach this moving target. We are fortunate to have companies like YuMe funding such important industry research. ”
“The results showed that millennials tend to multi-task with other connected devices, a clear opportunity to plan for duplication and exposure timing across devices for ad breakthrough,”said Ed Haslam, SVP of Marketing at YuMe.
To learn more about the study and its results, join the IAB webinar on November 22nd at 11:30am PT – visit https://www1.gotomeeting.com/register/337165017 to register.
For additional key findings from YuMe and IPG Media Lab, (including results from phase one of the study - The Tablet as the Ultimate Video Viewing Device) as well as methodology and the full report, please visit: http://www.yume.com/insights/video-advertising-research. For the Millennials study infographic, visit: http://www.yume.com/Millennials
About IPG Media Lab
The IPG Media Lab is equal parts think tank, real-world proving ground, and change enabler. We provide agencies and clients with the power to harness emerging media by offering facilities, expertise, and resources specifically tailored to rigorously testing emerging media and marketing techniques - driving quantifiable outcomes, learnings and strategies http://www.ipglab.com Blog: http://www.ipglab.com/blog/ Twitter: http://www.twitter.com/ipglab Facebook: https://www.facebook.com/IPGLab
YuMe, Inc. is a leading provider of digital video brand advertising solutions. Its proprietary data science-driven technologies and large audience footprint drive inventory monetization and enable advertisers to reach targeted, brand receptive audiences across a wide range of Internet-connected devices. Designed to serve the specific needs of brand advertising, YuMe’s technology platform simplifies the complexities associated with delivering effective digital video advertising campaigns in today’s highly-fragmented market. YuMe (NYSE: YUME) is headquartered in Redwood City, CA with European headquarters in London and nine additional offices worldwide. For more information, visit YuMe.com/pr, follow @YuMeVideo and like YuMe on Facebook. Current YuMe logos can be found at www.yume.com/news/logos.
YuMe is a trademark of YuMe. All other brands, products or service names are or may be trademarks or service marks of their respective owners.
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