Why Pay to Plays will Implode
It all started with a short article on his company blog entitled:
“A Quick Guide To Selecting The Right Voice Talent”.
The author, Chris Johnson, is co-Founder of Simplifilm, a young company specializing in “Hollywood-style Explanation videos”. They’ll have to make a video to explain what that means, but Simplifilm says it uses animation and storytelling to demo software applications.
This does not come cheap. Back in July, the company was running a “Grand Opening Sale” offering “3 minutes of broadcast quality demo movie work for $20,000. That’s 40% off the going rate.” You do the math.
Before he became a filmmaker, Chris was Finance Director at Robert Owens for Ohio Attorney General 2008, and he worked as a loan specialist at First Ohio Home Finance.
Thanks to his financial background, Chris seems to know the value of a voiceover, and he’s not basing it on anecdotal evidence. This is how he starts his blog:
“Did you know that the right voice can make a 35% difference in conversion rate? We replaced a voice track in a video – and made no other changes, and the conversion rate went from 2.5% to 3.8% on cold traffic. (Cold traffic is people that are mostly strangers that are coming in via search engines and social media).”
I’m not sure how “2.5% to 3.8% on cold traffic” leads to a “35% percent difference,” but Johnson is definitely on to something.
VOICEOVER CONVERSION
This is not the first time a video company noticed a correlation between the choice of voice and website conversion.
The conversion rate is the percentage of website visitors taking a desired action. It often refers to the number of shoppers turning into buyers. Depending on the size of a company, even a small increase in conversion could mean a significant rise in profits.
San Diego-based Fireclick monitors conversion rates. If you want to get a better idea of industry averages, the Fireclick index will provide some insight.
For software, it averages about 2% per year, with a cart abandonment rate of 75%. That means that three quarters of online software shoppers never become buyers! Could selecting the right voice really change that?
In 2009, Ginger software asked video optimization firm EyeView to develop an introductory video for their homepage to increase the number of visitors that would actually download their software.
EyeView ran a test: 50% of the global audience saw the video with a British voice-over, and 50% saw it with an American voice. Globally, the British voice-over was 4% more effective. For US audiences, the conversion rate for the British accent was 5.5% higher than the American one.
Eyeview:
“The Brits didn’t have it all their own way. In India, the American accent was 12% more effective at converting visitors. But the most surprising statistic of all came when we looked at the comparative performance of the two accents in the UK.
For audiences watching the video in the UK, the voiceover with the American accent was 8% more effective at making visitors download Ginger’s software than the British accent, representing a significant swing away from the global trend.”
Simplifilm’s Chris Johnson confirms:
“The right voice is key to converting video watchers into new customers. When you get the right voice, it breathes life into your video productions, and you should take the time it takes to select and respect your voice talent.”
Please remember that, next time you’re tempted to low-ball yet another voiceover project!
With voice talent having such a tremendous impact on conversion, how much does Simplifilm pay per production? Bear in mind that they charge about $33,000 for a 3-minute video. Johnson:
“Generally, productions are around a couple hundred dollars. We’re not going to lord over them or dangle money like some jerk, we want to do business, be respectful and move on.”
FINDING THE PERFECT PIPES
Now, wouldn’t it be interesting to know where Chris finds the right voices? According to his article, two talents work for him on a regular basis and he tells his readers:
“If -for some reason – you need to find someone outside of your network (…) you can start with Voice123.”
Voice Coach and talent Mark Avery read the blog and responded:
“Unfortunately, many producers and end-users of voice talent have gone to the “discount superstore” mentality of hiring voices for their projects, and the results often show themselves in low conversion rates.”
Of course I had to put my two cents in. Thinking back to my interview with Bodalgo’s Armin Hierstetter, I wrote:
“Chris, most online voice casting services will accept anyone with a credit card, talent not required. It’s not unusual for voice-seekers to receive over 100 auditions for a simple project. Imagine how long it will take you to listen to all these mediocre submissions…”
These turned out to be prophetic words. That same week, Chris joined the Voice Over Professionals group on LinkedIn, and this is how he introduced himself:
“Howdy, guys, I’m new to the group. I’m a production company doing software stories. We’re looking for a stable of 4-6 males and 4-6 females for future work.”
OPEN THE FLOODGATES
You can imagine what happened next. I’ll let Chris tell the story:
“So, when I asked for submissions here – and other places – they started trickling in. Then the floodgates opened.
Last count was 400+ and I have seen no slowdown… both here, from another couple of sources.
I’m surprised because I (hopefully) didn’t represent myself as being too “giant.” I caused 400+ auditions for what will amount to $5,000 or so in fees annually – at most.Now, how do I read through ‘em all? I put everyone in a spreadsheet, but what’s next? How do I sort people out? I need say 8 voices. If I take 5 minutes per x 500 voices, that’s 2500 minutes.
Or 42 hours JUST listening to voices. I’m not doing that.”
At this point I started to jump for joy, thanking Simplifilm’s founder for the perfect example. This is exactly why most Pay to Plays will eventually implode. Do you get my drift?
Some of my clients have worked with voice casting sites for a while, and they’re starting to realize how expensive “going cheap” can be. Think about it!
How long does it take to find a quality needle in a huge haystack made of scrap metal?
Let’s look at the numbers.
Of course it’s unusual to get 500 auditions for one job, so why not assume that Chris Johnson has to weed through (only!) 100 demos. If he spends 5 minutes on each talent (as he just wrote), this will still take him eight and a half hours!
Imagine being in Chris’s shoes. Should he hire someone to do the dirty work for him and weed through hours and hours of audio? That person needs to be paid too.
If Chris is lucky, his hired help might find the perfect voice among the first 20 contenders. However, my clients concur with Armin Hierstetter that the overall level of entries is usually way below the mark. They’re forced to listen to a deluge of demos before they finally spot the right voice at the right price. What an expensive way to find cheap talent!
Critics might say that I am exaggerating the situation just to make a point. Voice seekers don’t listen to that many demos. Or do they?
In their Client Experience Report Winter 2011, Voices.com states:
“(…) it often surprises talent that the majority of clients review all their auditions. I say majority as that includes those who reviewed “all of the auditions” (45%) plus those who reviewed “50-100 auditions” (8%).”
A while ago I noticed that so many voices.com projects were still listed as open after many, many months. Could one of the reasons be that the client simply gave up after listening to 30 mediocre auditions?
Fortunately, there is an easy solution.
Some of my clients find it much more cost-effective and less time-consuming to hand their project to an agent and let him or her select four or five voices that can all deliver the goods. Clients might end up paying union rates and agent fees, but in the end they’re saving time, trouble and money.
Bye-bye Pay to Play, and thanks for the memories!
THE BABBLE BUBBLE
Online casting services have grown exponentially in the past five years. Fast growing companies often fall victim to their own success. Quality and customer service are compromised and sacrificed in favor of rapid expansion as they’re chasing after the big bucks.
It is no secret that more and more (pseudo)voice actors are joining Pay to Plays. That means that more dogs are fighting over the same bare bones. The chances of landing a decent job at a decent rate decline rapidly.
Here’s my prediction. At some point in the near future, there is no point in joining such a service anymore. It’s not worth it.
Saturation leads to annihilation. Bubbles burst. Cheaply made balloons will pop first.
What’s left is just hot air.
Try fitting that in a 3-minute video demo!
Chris Johnson, here’s a word to the wise:
If you need new talent, call an agent.
Don’t ask for any names of agencies, though.
You might get a list of … about 500!
Paul Strikwerda ©2011
www.nethervoice.com


















































