Growth

Rich and Co.

“Brands want to leverage YouTube’s subscribers and views to increase awareness, drive consideration and ultimately the purchase of their products and services.”

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The key seems to be attention, but we don’t know what connects, media consumptions behaviors, “attention” and buying behavior….could be complicated and long time to figure out.

“To shepherd consumers through this process you need influence, and YouTube is still the peddler in chief.

In addition to immense distribution, YouTube provides a business model that’s tailor-made for emerging creators. There is a direct relationship between the ability to generate influence and earn a living. The platform’s promise is simple: Create great content, build an audience and monetize it on the way to digital stardom. It is the closest thing to a true meritocracy that exists in the video business. The downside for YouTube is that it consequently faces competition from everyone that also promises democratized distribution and monetization through influence, with the most formidable challenges coming from Facebook, Twitter and Snapchat.”

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Written by Rich and Co.

June 9, 2016 at 3:57 pm

Posted in Uncategorized

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