One of the fasting growing video sharing innovations is through the live streaming of real events. Live streaming is the new kid on the block giving viewers the opportunity to see videos over the internet in real-time, and the chance to engage with brands in an authentic and transparent way. It is becoming evident that people want live content in real-time, but is live streaming a sustainable business practice that is here to stay?
Video marketing is now most beneficial way to promote your services on the web and live streaming is just a better way for brands to develop more interactive marketing campaigns. It is less expensive than traditional video marketing. All you need is a mobile phone and someone interesting enough to captivate an audience. It will be interesting to see if the cost effectiveness allows live streaming to usurp traditional video marketing, similar to the way reality TV began to overtake traditional studio-produced shows. People want to know what’s going on with their favorite people and brands. They don’t want a choreographed routine. They want something that is transparent.
Businesses are learning to expand their reach with live streaming. Companies are shelling out large amounts of dough to launch campaigns through live streaming. The titans of social media such as Twitter, Facebook, Snapchat, & YouTube have all been investing in efforts to enhance their streaming platforms, but other companies are starting to join in and grab a slice of the pie. Target sponsored the first-ever live streaming of a music video, which garnered over 25 million views during the commercial break at the Grammys. This turned out to be a massive success.
While live-streaming indeed provides certain advantages to communications, it still presents several risks. Not all projects will pan out. People are used to watching content when they have the chance, but live streaming places the viewer in the hands of the streamer. Gathering feedback is often an extra step that is often not engaged to measure the effectiveness of a streamed event. Live streaming is proving to be attractive; it should be part of our mobile lexicon for some time.