Menu

Colin Devroe

Reverse Engineer. Blogger.

Follow: @c2dev2, RSS, JSON, Micro.blog.

'

New ways to monetize on YouTube

Announcements are beginning to pour out while VidCon is happening.

YouTube:

The number of creators earning five figures a year is up by 35 percent and the number of creators earning six figures is up by 40 percent. As in previous years, the vast majority of the revenue is coming from our advertising partners. We’ll continue investing here, but we also want to think beyond ads. Creators should have as many ways and opportunities to make money as possible.

They’re announcing several; merch, channel memberships, premiers. Very smart.

(Also, worth noting, the timing of Instagram’s announcement. Just prior to VidCon. I hadn’t thought of that at the time.)

Early thoughts on IGTV

Instagram launched what some are calling a direct competitor to YouTube, IGTV.

First, I’ll start by listing some reasons I think this is the perfect time for Instagram to have launched this product.

  • Smartphones are just beginning to get real horsepower and amazing battery life to enable this kind of experience and the amount of time people will want to watch longform video on their phones.
  • Portrait video is no longer thought about as terrible. Even by pros.
  • YouTube hasn’t innovated nearly enough with video formats. They’ve supported 180, 360, VR, etc. but haven’t messed much with things that work best on mobile phones like portrait video when maybe they should have been.
  • “Content creators” now have powerful mobile tool sets even more than they did before.
  • Instagram has 1B monthly active users. Content creators cannot dismiss this platform flippantly.

Second, I’ll list why I don’t think this will kill YouTube – but why it might move some of the content creators onto this platform.

  • Portrait video is intimate. So for things like “talking head” videos, make-up tips, and sharing an adventure, or vlogging it may even be better than YouTube for these things. For this reason, a lot of this type of content may move from YouTube to IGTV.
  • That being said, YouTube doesn’t make their bread and butter on these videos – nor even on vloggers. Though these internet celebrities suck up a lot of the oxygen around YouTube news (meaning, they get headlines)… by far YouTube is the video search engine. No time soon will you be fixing your toilets plumbing with a video from IGTV. YouTube’s business won’t be hurt much at all by losing vloggers or “Vine-like” funny videos to IGTV. In fact, it may help with issues like Logan Paul.
  • Tablet and TV — YouTube is saturated into the market of available devices. They are built into TVs, TV-connected devices like Alexa (I think?), Apple TV, Roku, etc. They also work on iPad. IGTV will never be on iPad and may not ever be on TVs. This is a smartphone medium.
  • Search Index – If you do a Google search for “Jeff Bezos interview” or “New Tesla commercial” or “Star Wars movie trailer” or “How Air Conditioning works” you will land on YouTube. And that will be that way for years to come.

Third, here are my general thoughts on the app experience:

  • Coming from Instagram Stories some of the gestures are odd. But I think I’ll get used to them.
  • I wish there was a quick way to pause or mute a video but it seems at least 2, if not 3, taps away from anywhere.
  • Discover-ability will need to improve. At current, you can only see the thumbnails for 4 popular videos at a time. Compare to Instagram’s Explore area, where you can quickly see dozens.
  • It eats battery. But, as I said above, I think the timing is right. Phones are going to greatly improve CPU which will help battery life.

Overall, I think IGTV is a great app and a good move for Instagram to make. I’m also happy that it is a separate app. While I believe that “creation apps” like Boomerang and Hyperlapse could have been strictly within Instagram’s main app – I believe consumption apps like IGTV belong outside of it.

Dan Kimbrough, a videographer, shared his thoughts on IGTV on his blog. I disagree with him on one point though. He says this is only important for those with Instagram or Facebook audiences. He writes:

Again, I’m talking about those who’s audience base comes from Instagram, not YouTubers or Facebook. If YouTube is your home base, this won’t matter to you today.

I disagree. And so does MKBHD who has 6M+ YouTube followers. Instagram’s 1B monthly active users (Dan cites 600M in his post but Instagram announced 1B MAUs yesterday) make it so that these creators cannot ignore this platform.

The Yard – March 2018

YouTube’s Most Popular Videos of 2017

Brandy Shaul writing for Adweek:

Collectively, the top 10 trending videos for 2017 have more than 633 million views and have been watched for over 40 million hours. The channels behind the top trending videos have more than 55 million subscribers in total.

The most popular videos on YouTube each year are seldom the most interesting. I find that the videos that are mildly popular, say with single millions of views or hundreds of thousands of views, are the most interesting to me. They have a broad enough audience that the creator is getting paid well and they generally are not flashes in the pan.

Independent interviews Mike Krieger of Instagram

Adrian Weckler interviewed Mike Krieger, co-founder of Instagram, for Independent.ie out of Dublin. Regarding longer form video Krieger replies:

What we have right now is a minute. If we introduce longer video, we have to make it fit into the flow of Instagram in a way that makes sense. I think what might point the way is the people who use video today on Instagram. I meet these digital creators who are producing video for Instagram and they’ll often do a short cut for their Instagram feed or for Stories and point to a longer video. Often that lives on other platforms because you just can’t post them on Instagram. But the idea of a teaser plus the full piece of content, if you were interested in it, might be a future piece.

I don’t know exactly what would make sense for longer form video on Instagram but so far they’ve been making great choices. I think just being able to play videos full-screen would be enough for me. I think it’d be just fine to see longer form video on my timeline with, perhaps, the first 15 seconds as a preview or something. But I’m unsure.

Another takeaway from this interview is how Instagram has always talked about how it ripped off Snapchat. I really love the candor. They have always come right out and said that Snapchat was first. And then they back up why they’ve brought that medium to Instagram. The reason he gives is both obvious and apt; because people were already doing it by creating second accounts to share more regularly on. Now they don’t have to do that.

 

VR180

Frank Rodriguez:

VR180 video focuses on what’s in front of you, are high resolution, and look great on desktop and on mobile.

I think this looks like an excellent format. As I’ve mentioned in the past, 360 video is very difficult to follow if there is a narrative. While 360 might be good to virtually put you somewhere, 180 will be better to help tell a story.

Rodriguez goes on to explain that VR180 is easier to create and can be much higher resolution. Me likey.

The Daily 360

The New York Times describes The Daily 360:

Times journalists around the world bring you a new 360 video every day.

I’ve watched a few of these and they are pretty cool.

I found this via Dan Kimbrough who adds:

The New York Times is doing a lot of cool things with 360 storytelling. 360 is a newfound passion of mine and it’s nice to see it used in a way that’s immersive and helps to tell a story, not just a gimmick.

I agree with Dan. 360 video shouldn’t be used for just any video. It is a new medium. Just like square-crop photos in Instagram, tweets, Stories, VR — all of these are different mediums with which we can tell a story. For me the main disconnect I’ve had with 360-degree video has been focus… where should I look? When a “normal” video is simply shot in 360 it is very tough to follow along. The New York Times is helping with this by adding their visual cues to two different areas in the video at a time. So if you spin around the text or caption is behind you as well. As Dan stated, this medium is supposed to be immersive. Its entire raison d’être is to put someone into a situation. And that seems to be how it is being used on The Daily 360.

I’ll be following along.

Clips

Apple:

Introducing Clips. A new iOS app for making and sharing fun videos with text, effects, graphics, and more.

I’ve been looking for an app like this for a long time. The Verge describes how I think I’ll use this app.

My best guess is because the default camera app is still something that’s supposed to be super simplistic (and accessible from the lock screen). And I think in some ways, this is a precursor to a consumer AR app, but Apple declined to answer questions around that. Clips seems like it could be the perfect app to use when iMovie is too much and the default camera app is not enough. The question is whether it will be the necessary stop between your phone’s camera and your favorite social network.

I’ve tried to edit a personal “vlog” (that I do not publish publicly) for a long time. And I did it using iMovie. But iMovie is too much for this. What I really want is Instagram Stories or Snapchat Stories in their own app. It looks like I’ll kind of sort of get that with Clips.

I don’t know why they didn’t just release it. Apple doesn’t usually announce things before they’re ready (I’m not counting operating system releases which require so much public testing). But I’ll be happy to get my hands on this next month.

Dan Kimbrough on several trends for 2017

Dan Kimbrough touches on several trends he thinks will continue in 2017 such as this bit on AR/VR:

2017 will see AR & VR make great strides to becoming how we experience and interact with the world around us.

I agree we’ll see great strides in this area. I’m especially bullish on AR. But I still believe we’re a long way from it being “great”.

On live streaming video he says:

2017 will be the year we see live streaming go from a novelty for the masses to a tool for the business savvy.

I’m 100% on board with Dan here. Live streaming video has seen steady growth in terms of viewership and capability for nearly a decade but we are just now seeing this as a ubiquitous feature in nearly every communication service. Facebook, Twitter, Snapchat, Slack, Messenger, iMessage, Instagram, etc. all have a live streaming video feature now. With just a phone you can reach your audience. It is an extraordinary time for that medium.

Back to Dan on personal branding:

2017 will be the year that brands willing to showcase themselves, their voice and their personality, will dominate.

He references my friend Gary’s daily vlog. Gary isn’t the first to do this, not by a long shot, but he may be the first to do it with a camera man (the excellent DRock) and several editors – giving his vlog a very specific feel and an “ease” for him personally that makes it sustainable. One of the most popular vloggers on YouTube, Casey Neistat, recently hung up his hat. It wears you out.

I’m uncertain if we’ll see this segment of the market grow too much, however, I do think we’ll see entire company brands built on top of personalities more in 2017 than we did in 2016. Think Kim Kardashian, Jay Z, Jessica Alba, Kate Hudson – each of these individuals have built companies worth hundreds of millions and billions of dollars on top of personal brands. We’ll see a lot more of this as social media gives people, as well as companies, enormous capability to tell their story.

And finally, Dan on video:

2017 will be one of the last years to adopt video as part of your marketing strategy if you want to survive.

His urgency isn’t unwarranted. Now is better than ever to jump into using video as a marketing tool. Both live and well-edited pieces. However, I think we’re going to see video grow, and not shrink, come the next decade. Video formats and Internet connectivity will both improve to a point where video will be as “expensive” to view as images are now. As it stands, some people are limited by their mobile carrier plan and their device’s capability to display rich video content on-the-go. These limitations will disappear over the next 5 years for most of the developed world which will only expand the video viewing market.

Great list of predictions from Dan. I’m glad he shared them on his blog.

 

E14: Windows 10 keyboard shortcuts, streaming video solutions, Nintendo

On Sunday Danny and I discussed learning Windows 10 keyboard shortcuts, a bit about video streaming services and the value they bring, and also a bit about Nintendo. Here are some links from this episode.

Links:

Download MP3