| YouTube
Monetizes their Audience |
In
August, YouTube reveals their new marketing platforms
- "Brand Channels" and participatory video
ads (PVAs). This will give big-brand names a shot at
wooing the YouTube community.
"Brand
Channels" are like the channels created for all
YouTube users who upload their homemade videos to
the site. Advertisers can
customize
their own space on YouTube to attract people with contests
and videos etc. Warner
Bro. Records was
the first to use the "Brand Channel" to promote Paris
Hilton's debut album "Paris".
"Participatory Video Ads" features
one daily video ad on the home page that users will
judge. People can come to the site to rate the ad,
share it with others, write comments, and embed the
ad inside their own videos or make the ad a favorite. The
first participatory video ad was for the Weinstein
Co.'s
current movie release, "Pulse." The "Pulse" ad
was viewed 900,000 times in four days.
YouTube continues to grow worldwide. In Singapore
alone, we had been seeing consistent growth in
YouTube’s
market share for the past 9 months. In July alone,
traffic
surged
more than
16% to
reach the record high of 0.71% market share.
Comparing against familiar portals like AsiaOne & ChannelNewsAsia,
YouTube is growing steadily whereas the News
portals are stagant.
With
YouTube gaining in popularity, more advertisers will
experiment with their new offerings. However, some
advertisers will not be comfortable near consumer-created
content and will stay away. Advertisers who will ride
on these new platforms will probably be youth-oriented. |