Almost 5 billion videos are seen every single day on YouTube meaning there are 30 million visitors every 24 hours. Therefore making YouTube one of the best sites to give your brand as much awareness as it can get. YouTube ads attract people of all ages, not just those who are young. So, whether your target audience is people over who are younger or older, the chances of you spreading brand awareness are high.
Who will you reach?
One of the great things about YouTube Ads is that your advertisement will go straight to your target audience. According to YouTube, they have various advertising pin-pointing methods to narrow down to exactly who you want. Some examples are listed below for the video marketing side of YouTube Ads:
- Demographic Groups – age, gender, parental status or household income.
- Interests – affinity audiences, life events, Custom intent audiences.
- Detailed demographics – reach user based on additional broad, shared traits, such as students, homeowners or new parents.
Other examples for content marketing are also directly below:
What it costs:
According to YouTube, most businesses begin with a plan which is around £6 per day for local campaigns, but you can make adjustments to your plan at any time. But, despite this being said, Google owns YouTube, therefore the price of YouTube ads involves you bidding for ad placement. This means that it is hard to give an exact figure.
There are different factors which play a part when determining the price, some of them include:
- Targeting options
- Your bid
- Bidding selection
- Ad type
Creating Your YouTube Ad
When creating your YouTube Ad you need to keep multiple factors in mind. This will include, your target audience, your budget and how you want it to look.
The look of your video needs to be one of your top priorities because if what the viewer is watching is not interesting or unique, the chances of them clicking skip when it reaches the 5-second mark is likely. Although not every brand has the facilities to hire a team to create these ads, it is still important to make it look as best as it can. The better it looks and sounds, the more conversions will occur.
These ads can be created with a small homemade budget or even a larger budget, whatever you choose, you just need to ensure it is right for your pin-pointed audience. Once you have completed a few advertisements you should consider whether your budget is perfect or not and then make some changes if necessary.
Different Ad Types
There are six different types of ads when promoting on YouTube:
Display Ads: These are displayed right of the featured image and above the suggested videos (red box).
Overlay Ads: Semi-transparent overlay ads which cover the lower 20% of the screen.
Skippable Ad Videos: These type of ads allow viewers to skip after 5 seconds. Therefore, this is why we advise you to try and make your ads as interesting and unique as possible.
Non Skippable Ads: These ads are seen before the viewer can watch the video. This type is usually between 15 and 20 seconds long.
Bumper Ads: These last around 6 seconds and must be viewed before you can watch the video.
Sponsored Cards Ads: These display relevant information at the end of a video for a few moments before the video ends.
The different types of ads also impact the price which you will pay as some are more visible than others.
Is It Worth It?
This is personal preference as you might have found a different platform which enables you to reach a better percentage of an audience which is a better deal for your money. On the other hand, you may find YouTube to be the best. Therefore, perhaps it is something which is worth trying out and if you do not get the results you want, then you can move to advertise on a different platform.
How Can Hive Digital Media Help With Your Business?
Here at Hive Digital Media we offer a wide range of services to help your business grow. For example:
- Social Ads
- Google Ads
- Content Marketing
- Web Design and Development
For further information click here.