Currently, video ads only make up small proportion of brand marketing efforts on Facebook, but with estimates suggesting that that digital video advertising will make up 15% of the total digital advertising market by 2017, there's never been a better time to get in ahead of the curve. And according to an analysis by Kinetic Social, a Facebook marketing partner, paid video placements maintained a higher clickthrough rate (CTR) than all other types of US Facebook ads served to desktop and mobile via its platform throughout 2014.
Why are Facebook video ads performing so well? Putting aside their relative novelty, research shows that the auto-play ads in News Feeds - even if watched only for a few seconds - helps to drive value and purchase intent.
"...data shows that people who watched under three seconds of the video ad created up to 47 percent of the total campaign value, and people who watched for fewer than 10 seconds created up to 74 percent, depending on the metric. That means that while lift continued to increase the longer people watched, people didn’t have to watch a whole video to be affected by the ad."
Facebook recommends that brands experiment with short video ads, remembering that value increases the longer people watch. I would add that it is not always necessary to focus on product; use video to educate, inspire, bolster your existing content strategy, and overall brand awareness.
4. Run ads at the optimum time of day