Post by nascent on Apr 15, 2009 17:24:46 GMT -5
According to some, as of Thursday the popular internet video site will be re-christened as AdvertTube. To others, it will be YouTube, F***YouTube, or simply NotThereAnymoreTube. Details below.
I agree with the guy in this video: it's not so much that YouTube is doing a bad thing... it's that the advertising industry has grown beyond any reasonable boundaries and become an unwieldy behemoth with a taste for social engineering. Follow my reasoning:
Why do companies advertise?
To get more sales and make more money.
How does advertising work?
By immersing the public in messages about products and services through every conceivable (legal) method.
What goes into advertising?
A stink-load of resources, time, and money. Every day an estimated twelve billion display ads, 3 million radio commercials and more than 200,000 television commercials flood the North American populace*. In 2006 391 billion US dollars were spent worldwide for advertising, so clearly every single ad bears a pretty price tag.
What affects advertising?
Right now, the biggest two factors changing the advertising sphere are: the global recession, and the growing distrust of advertisements in the 20-and-under age group. People are spending less and growing sick and tired of being advertised to all the time.
What's the outcome?
Most companies are realizing that they can't earn as much with the advertising they have now... so they're upping the ante to keep pace with trends. Key example: YouTube. So companies are spending more... people are buying less...
Bottom line: companies generally don't spend gobs of money on advertising because it's profitable. They spend the money because they're afraid that without ads burning in our brains nobody will buy their products at all. It used to be that "advertising" meant having a fancy label and a few posters, but now we live in a world where we're expected to eat and breathe these demands to spend our money! If they could sell mind control and get away with it, odds are they would.
And thus, that which once was a haven for amateur media capitulates... all because they think they can earn more by showing content they have to pay for than content that's uploaded to them for free!
Business is backwards...
I agree with the guy in this video: it's not so much that YouTube is doing a bad thing... it's that the advertising industry has grown beyond any reasonable boundaries and become an unwieldy behemoth with a taste for social engineering. Follow my reasoning:
Why do companies advertise?
To get more sales and make more money.
How does advertising work?
By immersing the public in messages about products and services through every conceivable (legal) method.
What goes into advertising?
A stink-load of resources, time, and money. Every day an estimated twelve billion display ads, 3 million radio commercials and more than 200,000 television commercials flood the North American populace*. In 2006 391 billion US dollars were spent worldwide for advertising, so clearly every single ad bears a pretty price tag.
What affects advertising?
Right now, the biggest two factors changing the advertising sphere are: the global recession, and the growing distrust of advertisements in the 20-and-under age group. People are spending less and growing sick and tired of being advertised to all the time.
What's the outcome?
Most companies are realizing that they can't earn as much with the advertising they have now... so they're upping the ante to keep pace with trends. Key example: YouTube. So companies are spending more... people are buying less...
Bottom line: companies generally don't spend gobs of money on advertising because it's profitable. They spend the money because they're afraid that without ads burning in our brains nobody will buy their products at all. It used to be that "advertising" meant having a fancy label and a few posters, but now we live in a world where we're expected to eat and breathe these demands to spend our money! If they could sell mind control and get away with it, odds are they would.
And thus, that which once was a haven for amateur media capitulates... all because they think they can earn more by showing content they have to pay for than content that's uploaded to them for free!
Business is backwards...