Google is #1 in video, now what?
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Comscore recently published metrics validating Google’s lead position (21.5%) in the online video market. Well, no surprises there, especially with them acquiring the YouTube property.
The release also stated that 3 out of 4 internet users streamed video in May. That stat clearly reflects the success of video as a medium and the penetration rate within subscriber community. Online video primarily has been used for entertainment. You know people ghostriding or watching lonelygurl15.
The question is, “now what?”. Monetizing video and actual usage of video as mode of general content consumption are still not ubiquitous. Let’s talk about monetization for now. I will cover the content consumption problem in a later post.
One would have expected to see embedded ads in the video we consume. LonelyGurl15 would have been a millionaire if a clean, seamless ad model existed. As Nick Gonzalez says (on TechCrunch), there are many start-ups tackling this problem, but no one has nailed it. The problems are:
- There is no a perfect model yet (pre, post, embedded etc)
- User content is unpredictable and in some cases unfiltered. Advertisers are not sure about associating their brand with such content
In my opinion a perfect video ad model should include following elements: Read more »
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