As the world's second biggest search engine and the most popular video sharing site, YouTube has become a home for brands including "H&R Block," "Billy Elliot: The Musical," and "Wal-Mart."
In this week's New Media Minute, I report on why it's important for these and other brands to be on the video site. Video can help drive intent to purchase and thereby sales. It can also often be the final piece of the puzzle that gets a consumer to hit buy. There are several options for brands to post their videos on YouTube.
A dedicated brand channel, for instance, comes with a price tag, $200,000 or more, according to Google.
That's more akin to having a fancy branded Web site that lives on YouTube. Another option is posting videos through a partner channel. The site does not charge for partner channels, like those for video creator Fred. Smaller companies or producers with enough views may find the partner option more appealing.
Brands can also pay to advertise on the site and these deals are often struck on a CPM basis, as YouTube's Jordan Hoffner discussed with Beet.TV at the NATPE LA TV Fest earlier this month. He also discusses the importance of buying your brand's keywords on the site to help control the results served up. As this episode notes, the results aren't always pretty for brands. (See this video below)
Daisy Whitney
Editor's Note: Daisy's New Media Minute is produced and sponsored separately from Beet.TV. We are pleased to publish her segment regularly here. AP
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Hi Dan:
I don't think a 200K channel is necessary for most brands. It may be a good investment for big ones for brand image and such. But I think most brands would be wise to have a partner channel, if possible, to upload their videos too. That's free. And if not a partner channel, then a simple YouTube account is a smart and cheap and easy way to go!
Don't need to convince me of the value of video, but is $200K for the Channel worth it? I found that views and comments of popular videos far outpace views and comments for the entire channel where the video was uploaded. Meaning: People are not going to the Channel to watch videos.
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