Online video ad network Vdopia has unveiled a new online video ad format called branded skin to capture a bigger share in the online video advertising market. The online video advertising market stands at Rs 30 crore and is expected to grow by 300 per cent to reach Rs 100 crore in 2009, according to a recent study released by Ernst & Young.
Vdopia already offers pre-roll and post-roll video ads in which a video ad runs before or after the video content showcased in the video player. The branded skin format will actually enable advertisers to use the outer covering, called the skin of the video player, for advertising purposes as well.
Vdopia claims that it has the technology to showcase different branded skins for the same video content displayed on a website. Speaking to afaqs!, Saurabh Bhatia, chief business officer, Vdopia, explains, "Technology enables us to showcase different branded skins to a single consumer who refreshes the webpage and sees the video content displayed on the website again and again.
"Also, we can display different branded skins for the same video content on a website to different users based on their geography and demography."
Bhatia adds, "We can display 2,000 different branded skins for the same video content being watched by the same user."
The company has already started pitching advertisers to use the branded skin format for brand building or lead generation campaigns. It has also developed an interactivity feature inside the branded skins which enables viewers of the video content to click and get directed to a microsite to get details about the brand or product.
Advertisers can also use the interactivity feature to generate leads. They can insert a form inside the extended skin or in a microsite, which a viewer can access by clicking on the branded skin.
Vdopia has already roped in various advertisers such as Tata Sky, Hewlett-Packard (HP) and Big TV, which have opted for branded skins in which their product is displayed at the bottom of the video-player skin. Airtel is using the over-lay branded skin option. Other brands which have signed up for branded skins include Axis Bank, Kurkure, 7-Up, Nokia, Mitsubishi Outlander and Cadbury Bournville.
Bhatia says, "We expect 15 per cent of our revenue to come from the branded skin ad format."