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China’s Live Streaming Industry Is Booming — Here’s How It Works

Live streaming has become a phenomenon in China with Deloitte predicting a 32% live streaming revenue increase in 2018. The top two factors that are being attributed to the sharp live streaming popularity in China is its sense of authenticity and ecommerce advantages. Live streaming in China has been increasing consumers trust in brands and has been driving more sales.

Read more at www.forbes.com

 

IAB: Digital Ad Revenue Catapulted To $88 Billion In 2017

According to the Interactive Advertising Bureau (IAB), digital ad spend increased by seventeen billion dollars in 2017. The sharp rise in ad spend comes to no surprise as the majority of people are spending more time consuming information from the internet. However, video ads surprisingly had a 33% digital ad spend increase in 2017.

Read more at www.adage.com

Top 5 Video Marketing Trends for 2018

The exponential rise in video marketing has led to some big questions for 2018. Below are two out of the five expected video trends for 2018. Find the rest at Seoland.in.

  1. Live Video – people spend 3x longer watching video which is live compared to pre-recorded video, showing this new trend is here to stay.
  2. 360-degree videos – 86% of businesses using 360 video as an effective marketing tool. 360 video technology is set to explode in 2018.

The Rise of Livestreaming [Infographic]

The popularity of live streaming across major social media platforms has made live streaming an important advertising method for brands. Researchers have found that 82% of viewers prefer live video from a brand over social posts, and 80% would rather watch a brand’s live video rather than read a blog.

Read more at Business2Community.com