As Instagram launches IGTV, YouTube counterpunches

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Big changes are in the works for the influencer marketing community.


As social media platforms tweak their offerings to compete for top content
creators—and their audiences—brand managers should watch carefully and stay
agile in their approaches to visual marketing.

Instagram wants influencers and creators to bring their content to its
popular platform, a new section of its app called IGTV.


The Verge
reported:

Instagram CEO Kevin Systrom said the app was designed to make it easier to
find and watch videos on the mobile phone. He noted that most video apps
require you to search or browse through a directory — as opposed to
television, where you simply turn it on and start watching. IGTV, on the
other hand, will simply start playing video the moment you open it. Among
other things, this “lean back” mode could make IGTV a powerful new place
for Instagram to put ads.

IGTV will also allow creators to upload video directly to Instagram, a
product manager said, representing an effort to turn the app into a home
for mobile video to rival YouTube. Videos can be up to 10 minutes long to
start, with larger accounts able to post hourlong videos. Over the long
term, the company expects to let all users post videos of unlimited length,
Systrom said.

For now, the new format has little pull, as most content is still hosted
elsewhere. As creators migrate to Instagram in search of new audiences, the
platform could challenge YouTube as the home of video creators.

[RELATED: Learn social media secrets from TED, Microsoft, Starbucks and more at Amazon HQ.]

However, YouTube has some built-in advantages for video influencers.

The Verge
continued:

YouTube benefits from having a critical mass of creators, a mostly
functional program for letting creators make money, and
sophisticated algorithms
that guide viewers to videos they’re likely to enjoy. (They also have an
unfortunate tendency to
push people toward extremist content.)

YouTube also benefits from its status as a true destination for video,
rather than a tab in an app that people are used to thumbing through
quickly to catch up with their friends. Facebook, Instagram, and Snapchat
are all searching for ways to get people to slow down and stop thumbing. On
Snapchat, that initiative led to
sensational headlines and titillating thumbnails.

Now, YouTube wants to make its platform even friendlier for its top
performers. Creators with large audiences can charge a subscription fee for
exclusive content.


TechCrunch
reported:

Before today, YouTube had offered
a Twitch-like “Sponsorship” model
on YouTube Gaming. This gave fans the ability to sponsor a channel for
$4.99 per month, which also gave them access to exclusive digital goods,
like a custom badge and emoji.

YouTube started testing this program across its larger video network last
fall, it said. Those tests led to YouTube channel memberships.

Unlike on YouTube gaming, Channel memberships have
additional requirements.

Creators will need to have 100,000 subscribers or more, be over 18 and be
members of the YouTube Partner Program.

YouTube will also allow successful channels to sell merchandise.

TechCrunch
continued:

In a shelf directly below the video itself, creators with more than 10,000
subscribers can offer merchandise like tee-shirts, hats, phone cases or any
one of over 20 different merchandise items that make sense for their
channel.

For example, the creator of
Lucas the Spider
turned his character into a
plushie, and sold more than 60,000 units, making over $1 million in profit in just
18 days.

YouTube also has a new feature for users creating live videos: landing
pages to promote your video in advance.

TechCrunch
added:

This page will also have a chat feature, like Live videos do, which means
creators can use Super Chat and take advantage of Channel Membership perks
even if they aren’t doing live content.

…“Upcoming premieres can appear on the [YouTube] homepage and in
recommended videos,” he says. Premieres will also show in the section where
all the channel content you’ve subscribed to displays, we’re told. And
Premieres will be in YouTube search and YouTube related videos.

“They’re going to appear across all the dedicated discovery portions of our
site, which is awesome,” he says.

Premieres can be used to promote upcoming videos from creators as well as
things like new movie trailers from studios, trailers from video games, or
even music videos. But Premieres is not tied to YouTube Music at this time.

Communicators are likely to take advantage of these new tools to find new
audiences and better promote their content.

How will these changes affect your social media strategy, PR Daily
readers?

(Image via)

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