YouTube reportedly working on TikTok competitor called Shorts
theverge.com
theverge.com
I have high hopes for new kinds of filters (filters might be the wrong word, but TikTok has a lot of innovations in this area over the traditional Snapchat-esque "filters") and better search/recommendations, which should both go a _long_ way toward enabling the kind of creative videos that made TikTok blow up and also get them to the eyeballs that actually want to see them.
Some kind of seamless integration with YouTube would also be pretty amazing, since most of my friends only watch TikToks via YouTube compilations anyway and there's a lot of back-and-forth interactions (liking, following, commenting, viewing related videos, etc) that would make sense if both platforms were under the same roof.
Vloggers on YouTube can do this pretty easily with 1/10th-1/20th the following.
Marketing spend for Influencers is gonna dry up faster than anything else. If Shorts can provide a real revenue stream (YouTube has everything in place for this), it will be extremely well positioned during this time.
I've found that TikTok is increasingly becoming a promotion channel for people's youtube channels or ig accounts.
If YouTube Shorts has the same revenue-sharing model as YouTube Normal, then this could be a serious advantage for them.
How would you compete (with/out Google) as [("search engine + ads") + privacy)] if you started now?
I do Google & Facebook -free marketing with clients... I believe it's a realm worth considering more.
Anyone can choose to build a quality app/service/startup based on the merit of the actual product with company growth fueled by actual need of technical talent and profits from a monetization model, rather than just taking venture capital and hiring six-figure salaried engineers just to fill another open office chair and implement selfie filters.
At least that's my understanding.
>option #1: a not for profit, so "the next Google" isn't owned by anyone.
>option #2: give every user a non transferable share of in a for profit entity so users are owners of "the next Google" and have "skin in the game" and incentive to use the product in lieu of Google.
If you realign the goal to return maximum value to your employees as soon as possible, then you can align incentives to maximize the creation and growth of markets to sustainably capture value and give it to the people that made it possible.
So just don't take VC money and build a company to give back to your employees as much as possible as soon as possible and do it without competing directly in any existing market or trying to take existing market share. Sounds tough.
Remember the value per user that acquiring companies pay for when they acquire said company and compare that to how much you will need to spend to acquire them from scratch. If you can't nail the distribution (sales & marketing) side of the equation, the product won't have a chance to get off the ground let alone survive.
Google on the other hand attempts to stalk me everywhere (with their ads and analytics) regardless of whether I use their products directly or even have an account with them.
Google is most successful when it creates a technology that a) nobody else can create, and b) happens to be a brand-new product category that's so compelling that people adopt it purely on its technical merits. Search obviously had both; Stadia had a but not b. Their TikTok competitor won't have either.
The only thing it would have going for it is brand-recognition from YouTube, which still holds some amount of pull with Gen Z (though TikTok has been encroaching on that territory). I'm not holding my breath for it being a success.
They really need to clean up their act before making another product focused on teens and young adults.
Before this, I had accidentally left my you tube playing on DnD ambient sound videos, and it wrecked my recommendation lists lol.
Now the ads are another story. I already turned off personalizations and YouTube claims to base the ads on my location and the current video, which, if true, means a lot of people in the area watching COVID-19 related videos is being led to this very publication.
I legitimately do not understand their position.
edit: word.
Problem is that first stage is much harder if you're a multi-billion dollar company.