A report from eMarketer has estimated YouTube’s 2013 ad revenue will shoot up by 51.4 per cent to $5.6bn, signalling the massive appeal of online video content for advertisers and marketers.
Increased mobile activity along with the explosion of Smart TVs with YouTube connectivity has afforded YouTube incredible opportunities to create a valid revenue stream via advertising. Every LCD/LED on the market today offers connectivity, and if they don’t, just take a look at the integration of YouTube on Apple devices right through to Apple TV. Streaming is now also the norm, with adults and young people alike viewing video content they’ve searched for or have been sent to view.
Although advertising opportunities for brands on YouTube are plentiful, caution is certainly required. Banners are accepted and are either ignored or absorbed subconsciously. Furthermore, if users have to view an advert before viewing a brand’s video content, this becomes dangerous territory. Power to you, YouTube.
Daniel Todaro, Gekko