YouTube, the number one video-sharing site currently
available to anyone with an Internet connection, is available in 61 languages
and visited by over 1 billion unique users each month. The videos offered on
the site range from parodies of music videos to clips from movies, from video
game play-throughs to piano recitals. Anyone can watch and comment on the
plethora of videos on the site, but they all must endure one thing,
advertisements. These small informative clips are nuisances that are YouTube’s
only source of revenue, albeit a source that provides around $3.6 billion a
year.
Everyone who watches YouTube knows the advertisements put on
their favorite videos or channels. They promote a wide variety of products from
Gucci clothes to Old Spice deodorant. They range from 15-second clips to videos
varying in length of 30 seconds to 2 minutes. Although many ads offer a skip
button after a reasonable amount of time has passed, many patrons of YouTube
wonder why these advertisements persist.
YouTube’s main purpose is to entertain us, as much of its
content is user-generated, created by those who simply wish to amuse viewers
with cat videos or clips of people failing miserably at everyday tasks.
However, YouTube must also make money in order to support these functions. Over
a million advertisers use YouTube as a median to convey their products or services
to the billions of viewers, which makes YouTube very profitable as it does not
have to produce a physical product, only maintain employees to keep the website
up. YouTube also lives up to its desire to entertain us by taking popular video
makers or YouTubers and joining with them in a partnership. This partnership
allows the creators to partake in a portion of the revenue made by
advertisements on their videos. Some YouTubers make over $100,000 a year with
this pursuit and so this is an incentive for them to continue producing quality
content for an extended period of time. With more videos being posted, more
people will watch the videos and unavoidably, watch the advertisement
immediately before.
YouTube does not wish to drive away its support base with
excessive advertising. It does not interrupt a video with an advertisement for
paint at Home Depot or force viewers to suffer through political infomercials. Over
6 billion hours of videos are watched on the website each month, showing that
despite these ads, YouTube manages to entertain a huge portion of the planet’s
population by the way of video content. The service provided by YouTube is
access to an almost unlimited quantity of videos for free with the presence of
advertisements being the fulfillment of the saying, “No pain, no gain.”
Nolan, this is a pretty solid post. I remember where I was the first time I heard about the website called "Youtube." No doubt, it has revolutionized many things, to include the most basic human interactions. Your post is informative and well written. I do wish that you would have cited your sources. You include a lot of info in this post that is not common knowledge. I had no idea that some Youtubers could share in advertising profit. There are also a few instances in this post when I felt like you were preaching about a relationship - between marketers and Youtube - that should be pretty obvious. Overall, this is good.
ReplyDeleteI think you meant "medium" and not "median."