We're pleased to have Ad Age curating the YouTube homepage today, in a spotlight that celebrates the creative revolution going on now in the advertising and marketing business. In other words, these are ads you won't want to miss. Ad Age digital lead Michael Learmonth and Creativity managing editor Ann Diaz explain further in the video and guest post below:
We, in the business press, love to obsess over YouTube's business model, whether it can make money from the world's video through advertising. But today Advertising Age is curating the front page of YouTube to help tell an even bigger story, and that's YouTube's impact on advertising itself.
Once, TV ads were pretty much foisted on the public. Turn on the TV, and they were there. Some were great; most were not. Indeed, in some TV ads the intent is to annoy and grab the attention of a passive public. Enter YouTube. And while all of that is still true, the marketing world now has another powerful, democratic vehicle to reach a TV-sized audience. But there's a catch: the ad has to be something people want to watch.
Each day, YouTube is a global referendum on the world's video, and ads are very much a part of that mix. TV ads have always had the power of sight, sound and motion; now, to reach an audience in an on-demand world, they also have to delight, entertain and tell a story. That has inspired a creative revolution in the advertising and marketing business, just as it has in entertainment and attracted new talent to the industry. It has also refocused the industry away from obsessing over who's skipping the ads to producing ads no one wants to skip. Just like you can buy a 30-second spot on TV, you can also buy media on YouTube, but you can also earn an audience there, and increasingly ads, both made for the web and for TV, attempt to do just that.
Witness the Super Bowl advertisers, on the hook to the tune of $100,000 a second for time in the big game, increasingly gear their campaigns to live on on YouTube after its over. Or, take Evian's "Live Young" aka the "rollerskating babies," which never appeared on TV but have been passed around and watched more than 71 million times over the past year. The beauty of what works on the web is that there are no hard and fast rules. Ad Age picked some of the best of the recent best with a big hat tip to our sister pub, Creativity. It's true that YouTube sells ads. But it's also true YouTube has made advertising better. Take a look.