Clients often ask us how much it costs to produce an online video ad. Their initial thought is that, because the media is usually free, the production cost should be lower. Sorry. There’s no correlation.
Think about the process of inbound vs. outbound marketing for a moment. Outbound marketing includes traditional advertising. Intrude. Repeat. Intrude. Repeat. You didn’t ask to see the ad, but it’s going to be pushed in front of you anyway in the hopes that you will like it, remember it, and respond to it. Oh sure, the option is usually there to fast forward past it on TV, push the button on the radio, or flip right past it in print. But, you at least get a glimpse of it before you make that choice. A glimpse you didn’t ask for. A glimpse that cost the advertiser a lot of money.
But inbound marketing is different. Inbound marketing puts the exposure responsibility on the consumer. This is why it’s often called “viral”. It’s based on making something so compelling that people will not only see it and share it, but also search for it. Quite the opposite of traditional media, eh? This viral effort often requires spectacular creative that comes in the form of incredible production, or just a brilliant simple idea.
Does that mean it always has to cost a lot? Not always. Like we said, it’s about the idea more than the production (see Levi’s successful viral video campaign that cost less than $10,000). But usually the few successes in the online viral world have involved substantial production costs.
Take the Evian Roller Babies ad above. When totaling its US and international versions, it just surpassed 100,000,000 views online, making it the most viewed television ad in online history. In comparison, this year’s Super Bowl had 106,000,000 viewers and the average 30-second spot cost was a little over $3,000,000 dollars, and that’s before any creative production. Media costs for Evian’s 100,000,000 viewers? Zero.
But when you find out the production costs for this spot were well over $1,000,000, you realize the cost of the ad production has nothing to do with the media on which it airs. In fact, in addition to the message needing to be even more impactful online for the viewer to become your media distributor, the beauty and curse of online ads is they’re not limited to :30 seconds. And those of us in the production world know, with TV spots, the longer they are the more they cost to produce. Ouch.
Just now, after almost a year of online exposure, Evian is taking this ad to traditional television in markets like New York, LA, London and Paris. Will their traditional media exposure pay off as well as their viral campaign did? Time will only tell. But we, the media world, will all be watching.
