Youtube WILL become a major profit maker, here is why!

By: ispeculatornew
Date posted: 08.05.2009 (5:00 am) | Write a Comment  (5 Comments)

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There have been many doubters over the years as to Youtube’s future especially in regards to how profitable the website can become and if Google will ever be able to re-coup its profit. A recent video that you might have seen (see it at the top of this post) is a very good example of Youtube’s unique power. Where else will a video be shared with tens of millions of visitors around the world in a matter of days without even a dollar of advertising spent. Now of course, the video is truly amazing. In fact, tens of millions is probably a very low estimate as many tv stations have been showing the clip around the world. I am myself getting married in 2010 and seeing such a video is certainly very inspirational.

the story here of course is not the profit that Youtube made, because there is little profit. There are a few ads around the video and Youtube is surely making a few bucks. But the real story for Google is another example of how Youtube can be used by corporations around the world to promote a specific brand or product. Examples like this will open a lot eyes, especially in the marketing world. How much is a spot on the front page of Youtube worth if you can make a video good enough to generate this much buzz? It almost has no price really does it? Imagine if Pepsi made a video good enough to get as much attention? It would be priceless. And that is exactly what Youtube will be counting on. It does not have the exact details worked out but I would sure prefer having a Youtube website with little revenues than the greatest idea. I heard in an interview (not sure where) that never has it happened that a medium that attracted mass audience had not succeded in becomming profitable and with all the bright minds at Google, I doubt Youtube will be the first one on that list.

Some would argue that this is once more a case where Youtube demonstrates copyright infringement but we have strong doubts that Chris Brown would be the one complaining as his song is now back in the charts more than a year after its release.

Sure Youtube has competition from Hulu and others, but right now, only Twitter can have anything close to the viral effect that Youtube can count on.. If you have not seen the video yet, enjoy:

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5 Comments

  1. Comment by Catarina — August 5, 2009 @ 7:39 am

    haha Who said a wedding entrance had to be stiff and formal? Loved it!!

  2. Comment by The Financial Blogger — August 5, 2009 @ 6:00 pm

    I’m getting ready for your wedding 😉

    be ready to dance too!

  3. Comment by Catarina — August 6, 2009 @ 7:03 am

    r u going to tap dance?

  4. Comment by The Financial Blogger — August 7, 2009 @ 3:15 pm

    as long as he doesn’t lap dance ;-0

  5. Comment by Catarina — August 14, 2009 @ 1:54 pm

    lol Check this one JK Divorce Entrance Dance:

    http://www.youtube.com/watch?v=zbr2ao86ww0

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