Advertising on Viral Videos: More Beneficial than Regular Streaming Clips?

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Advertising on Viral Videos: More Beneficial than Regular Streaming Clips?
DIGITAL MEDIA

Advertising on Viral Videos: More Beneficial than

Regular Streaming Clips?









Lead Analyst

Kristin Knox



Contributing Analyst

Michael Gartenberg









An Interpret Syndicated Research Service subscription is $10,000 per year and includes twelve research reports and unlimited analyst inquiry.

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Reproduction by any method or unauthorized circulation is strictly prohibited. Interpret’s syndicated research reports are intended for the sole

use of clients. All opinions and projections are based on Interpret’s judgment at the time of publication and are subject to change.

Published October 2009. © 2009 Interpret, LLC

Advertising on Viral Videos: More Beneficial than Regular Streaming Clips?

Catalyst: YouTube recently announced that it will increase advertising on uploaded short-form videos,

hoping to better monetize those that ultimately go viral. Are advertisements placed in conjunction with

viral clips worthwhile?



Core Questions:

1. How is YouTube planning to monetize viral videos?

2. How do viral videos compare to overall streaming short clips when serving as hosts for online

advertising?

3. How can advertisers capitalize on viral videos to better reach their target audience?



Interpret Insight:

YouTube’s new agreement to place ads on a greater number of popular user-generated videos will

undoubtedly result in greater numbers of ad views, particularly on clips that do ultimately become viral.

As viewers seem to better recall the brands and products featured around these popular clips, such viral

videos seem to offer a stronger platform for advertising than short clips in general. If YouTube and its

advertisers can also strive to make their messages relevant to the host videos, the overall viewing

experience can be improved for consumers, and marketing messages can be conveyed more clearly to

their target audiences.





YouTube Incorporating Ads on More Uploaded Content

YouTube announced recently that it would amend its long-standing, stringent requirements for

participants in the site’s advertising partner program. This program allows individual uploaders who

contribute popular, original content to the site to partner with YouTube in placing banner or overlay ads

next to their videos in a mutually beneficial revenue-sharing arrangement. Previously, in order to sign

on as an ad partner, site users had to be high-volume uploaders with strong online followings, posting

new videos regularly that were each seen by thousands of visitors. Such past restrictions, however,

means that only a fraction of YouTube’s voluminous content currently carries advertising. According to

an analysis by TubeMogul, only about 37% of the website’s 100 most popular videos currently host ads

of any type, and the majority of these are some form of professionally-produced content claimed by a

larger corporation (such as music videos or promotional clips for movies). Of the top user-generated

videos, only about 2% display related advertising, whether banners or video overlays.



Now, however, instead of dealing only with the most prolific posters, YouTube will consider forging a

one-time partnership with any uploader whose single video begins to attract thousands of views,

providing that the video does not run afoul of copyright law. By widening the field of content that is

available to host advertisements, YouTube hopes to capture those videos just on the verge of going

viral, exponentially increasing ad views and thus revenue. Piggybacking on viral videos and harnessing

the power of human social networking, however, will likely generate greater returns than simply an

increase in eyeballs for each ad. Viral videos may in fact prove to be the superior host for overlays, as

consumers have been found to have better ad recall from watching these videos than from watching

online short clips in general.

Better Product Recall in Viral Videos

The social network-friendly nature of ‘viral’ videos suggests that one working definition for the term is a

short, streaming clip viewed online because it was recommended to the viewer by someone else.

According to Interpret’s syndicated Online Video Consumption and Engagement Study, about 28% of all

short clips, whether news stories, music videos, animal clips, sports footage, or some other type of

content, are referred from another source, particularly a friend or family member. In contrast, almost

half of clips are found by randomly browsing online or through other streaming videos, while one-fourth

are viewed by Internet users who already knew about the video beforehand.



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