Posts tagged as:

monetization

Yesterday, American entrepreneur, Dallas Mavericks’ owner and HDNet CEO, Mark Cuban, referred to YouTube as “a disaster waiting to happen.” More specifically, Cuban was referring to the fact that the company lacked a monetization strategy from the get-go, and the fact that it still struggles to be profitable.

In that respect, Paul and I agree with Cuban. Paul and I always recommend starting out with a plan. In fact, one of the first places we start in YouTube Secret Weapon is by having you determine exactly what you’re in it for. Which of the many online marketing benefits do YOU–the business owner–plan to achieve from your YouTube efforts?

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There was a provocative post yesterday on the Business Insider blog which contends that YouTube as it’s now structured is doomed. Benjamin Wayne writes that despite huge ad revenue which is certainly making a contribution to Google’s bottom line, the expenses far surpass the income—with little hope that ads alone can make YouTube profitable. …I just can’t see Google letting YouTube die. …As a marketer, I’d be happy to pay an annual fee for a Pro account.

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