Monday, February 05, 2007
You Too
Have you actually studied You Tube? Check out the numbers of people who have actually viewed most of the self-generated content and I think you will surprised…
Now, check out the numbers on the content like movies and TV shows and commercials etc., do you see the difference?
Now check out the latest news about You Tube and what it can and cannot share… go back a bit look at Napster… see where I’m going?
It is kind of a “DUH” to assume that people will flock to see the latest movie – free – or the latest TV show – “free” – but how long will 15mgs of personal fame and poorly produced content really drive traffic?
The bottom line is this: let’s not get confused. Technology is a great enabler. Giving stuff away for free has nothing to do with technology.
Try this:
If you put tomfoolery into a computer, nothing comes out of it but tomfoolery. But this tomfoolery, having passed through a very expensive machine, is somehow ennobled and no-one dares criticize it.
Pierre Gallois
Too much of what we hear and see about the Internet has not passed the smart, practical test. You know, the analysis that looks at a market; examines its needs; adds sustainable business models; etc.
Rather, financial markets, looking for big and quick hits, create hype and short-term paper value in order to “exit”. Is his long term? Let’s see…
We have a great role to play here. Lester has led the market for over a half a century creating new products to help consumers and companies connect. We can do the same.
What are the new models? Where is the real value in You Tube? Can you really segment? Or is it a self selecting segmentation? What does that really mean? What are the implications?
We need to lead the market in practical, well thought out, money-making propositions that develop long term value for our clients. Equally important, we need to create lifetime value opportunities for their consumers/customers.
What do you think? Where is the real value?
Take a look at this article from today's NY Times (if you haven't already seen it.) Bud.tv is a bold experiment in deja vu: advertiser-generated, "broadcast-quality" content. Only this time, the advertisers own/control the distribution channel. http://www.nytimes.com/2007/02/04/magazine/04BudTV.t.html?_r=1&adxnnl=1&oref=slogin&adxnnlx=1170688684-71YdRBP69Z3o1gKpx9gzZQ
Posted by Scott McCormick on 2007-02-05 15:48:51
You Tube "views" may be small compared to other media, but those views are from active, engaged consumers seeking out content. Compare that mindset to the average television consumer, TiVo remote in hand, distractions abounding. Also, keep in mind the sheer breadth of content on YouTube. One video with a million views may not seem impressive, but what about a thousand videos at a million active views each. The most popular video on YouTube has 40 million views (and counting); the hundredth most popular has three million (and counting). Imagine those numbers when YouTube's been around for a decade or two. Compare this to television. Ten years ago, Bruce Springsteen sang "57 channels and nothing on..." A decade later we've got more channels... do we have anything more to watch? Do you know anyone who channel surfs any more? While Viacom may have slapped the hand of YouTube, other companies are embracing it. Search for any Letterman appearance you may have missed and you'll find it uploaded by CBS itself. Like any medium, the Internet and YouTube in particular, has more than its share of tomfoolery, but watch some of the videos mentioned in this Washington Post article and see if you don't come away with new respect for the emotional impact potential of this nascent art form (did he just say art form?). http://www.washingtonpost.com/wp-dyn/content/article/2007/02/02/AR2007020200358.html
Posted by Lars Klores on 2007-02-05 16:56:39
Let me try it this way: YouTube seems to be the right platform for all those, who didn't make it into any season of Big Brother. Of course this concerns just people, who use the platform it was ment to be used initially. Sharing own homevideos. On the other hand, would YouTube be that successful, if you'd find only homevideos of people you don't know? I absolutely doubt it.
Posted by Floh Stocker on 2007-02-05 18:02:08
Great comments -- Bud-TV is Deja Vu -- its a new twist on TV's first days of existence -- also note broadcast quality......the key as far as active engaged consumers -- active, engaged in what? I think the issue is not that they dont view -- its the why and wherefore. Sharing Letterman and shows of that sort is not new -- in fact even in the days of Johnny Carson the content was shared -- not in the same way -- but still shared. Having said that it doesnt take away from You Tube -- its about not letting the hype skew yoru thinking. How do we use itfor real???
Posted by David Sable on 2007-02-05 21:06:10
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