๐ฌ๐ผ๐๐ง๐๐ฏ๐ฒ ๐ฉ๐ฆ ๐ง๐ถ๐ธ๐ง๐ผ๐ธ: ๐ง๐ต๐ฒ ๐ณ๐ถ๐ด๐ต๐ ๐ณ๐ผ๐ฟ ๐บ๐ฒ๐ฑ๐ถ๐ฎ ๐๐๐ฝ๐ฟ๐ฒ๐บ๐ฎ๐ฐ๐
YouTube is a pillar of Googleโs business, generating more than $28 billion in advertising revenue last year. ๐๐ช๐ฌ๐๐ฐ๐ฌ ๐ฅ ๐ฉ๐ข๐ด ๐ต๐ฉ๐ณ๐ฆ๐ข๐ต๐ฆ๐ฏ๐ฆ๐ฅ ๐ ๐ฐ๐ถ๐๐ถ๐ฃ๐ฆ ๐ฅ๐ถ๐ณ๐ช๐ฏ๐จ ๐ต๐ฉ๐ฆ ๐ฑ๐ข๐ด๐ต ๐ง๐ฆ๐ธ ๐บ๐ฆ๐ข๐ณ๐ด ๐ฅบ , causing the highest quarterly download for any app ever. Hereโs how both companies are trying to reach media supremacy! ๐บ
๐ง๐ถ๐ธ๐ง๐ผ๐ธโ๐ ๐ฎ๐ฟ๐๐ฒ๐ป๐ฎ๐น:
๐ค ๐ฆ๐ถ๐บ๐ฝ๐น๐ถ๐ฐ๐ถ๐๐: Short vertical videos are catching the attention and generating high demand that has creators scrambling to build nice and easy-to-produce content, causing a strong network effect.
๐ค๐ง๐ฟ๐ฒ๐ป๐ฑ๐: Trending topics have captured younger generations through the โfor youโ and โsuggested researchโ feeds. The users can also follow songs and sounds in TikTok. The combination of dancing, music and popular topics is a burst of dopamine. The music industry has even allied with the platform by incorporating new song bits to trends, generating massive consumption. Meanwhile: YouTube also has a trend section, but the UX falls short.
๐ค๐๐ป๐๐ฒ๐ฟ๐ฎ๐ฐ๐๐ถ๐ผ๐ป: People interact more with TikTok videos because they last less than a minute. The recommendation algorithm considers watched time, clicks, comments, tags, and other interactions to give you a relevant feed, making it addictive. โ Meanwhile: YouTube has long videos, between 5 minutes to hours, limiting interaction.
๐ค๐ฆ๐ผ๐ณ๐ ๐๐ฑ๐๐ฒ๐ฟ๐๐ถ๐๐ถ๐ป๐ด: Ads seem like just another video. They blend with the rest of the content until they are indistinguishable. โ Meanwhile: YouTube ads could interrupt your video many times.
๐ค๐ฌ๐ผ๐๐ง๐๐ฏ๐ฒ ๐๐๐ฟ๐ถ๐ธ๐ฒ๐ ๐ฏ๐ฎ๐ฐ๐ธ ๐๐ถ๐๐ต ๐ฆ๐ต๐ผ๐ฟ๐๐: Since YouTube launched Shorts, its short-video service, about two years ago, 1.5 billion people have tuned in monthly. โ Meanwhile: The young TikTok has over 1.6 billion monthly active users.
๐ค๐ฃ๐ฟ๐ถ๐๐ฒ ๐ฝ๐ฒ๐ฟ ๐๐ถ๐ฒ๐: YouTube pays more money per view than TikTok. A video with 100,000 views could earn between $100 and $2,500. Actually, we can see YouTubeโs generosity in other figures: 50% of its revenue in the last 10 years has gone to creators. โ Meanwhile: TikTok pays less than one-tenth for the same number of views.
๐๐ผ๐ผ๐ธ๐ถ๐ป๐ด ๐ณ๐ผ๐ฟ๐๐ฎ๐ฟ๐ฑ
Finally, letโs mention the new short-video competitor: Instagram Reels, which has gained 20% of the user share of time, leveraging two billion active Instagram users.
After years with the same product, YouTube now faces a competitor over user and creator share of time. In the near future, it looks like video platforms will offer similar products till a new disruptor arrives, like in the ๐๐ผ๐๐๐ฒ๐น๐ถ๐ป๐ด ๐น๐ถ๐ป๐ฒ๐ฎ๐ฟ-๐ฐ๐ถ๐๐ ๐ฒ๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐บ๐ผ๐ฑ๐ฒ๐น.๐ค
โOur creators want fame or fortune or creative expression, ideally all three,โ said Tara Walpert Levy, vice president of Americas at YouTube.