Here are some reasons why online video will soon dominate your time spent on the web, and why if you’re a marketer, you can use video to propel your business forward.

More and more users are consuming their video entertainment online

Studies show that more people are using the internet to consume video. In April 2012, ComScore reported that the average viewer watched nearly 22 hours of video in a single month. Most likely, those 22 hours were broken into many short-form videos, each being watched for just a few minutes at a time. The market is moving more toward catering to the Facebook generation’s attention span–quick videos that are aimed to inspire, provoke, or excite.

Marketers are using video to engage social media audiences

Brand marketers have found great ways to engage audiences and create brand loyalists through online video, especially through their Facebook brand pages. I predict the next 5-10 years will be huge for video marketing online. Brands are moving further away from direct advertising, whose metrics that are hard to calculate, and into original video content–content that is created not to sell but to engage. They tell a story and they create brand loyalty. The days of direct consumer advertising is dwindling, and the advent of marketing through storytelling has arrived. This will propel online video even more into the world of serious profits.

There are plenty of avenues for dissemination

Everyone knows YouTube and it continues to dominate the market. But unless you’re a professional musician or are looking to score the new huge viral video showcasing your friends firing off bottle rockets from a made-at-home cannon, there are plenty of other places to showcase your videos. As mentioned above, Vimeo is the finest collection of artistic videographers on the web. Without outwardly deleting poor-quality content, Vimeo’s homepage and search results make it easy to find awesome content and avoid the endless amounts of useless crap that often plague the YouTube experience. Along the same lines, Pinterest’s new video feature gives curators great opportunities to pin videos to their boards. Even more so than Facebook and Twitter, Pinterest has created a sharing experience so simple and effective, it makes the potential or virility even higher.

This is an extract from Fast Company. Read the rest of the article here.

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