This is post #2 in a series about the quality of free web 2.0 tools. The first post discussed Skype the free phone calling, video conferencing and instant messenging tool.
YouTube has the lowest quality video encoding (conversion to flash format for cross platform viewing) on the web. Who has the largest engaged participant base (users)? YouTube.
What is this audience worth? In 2006 YouTube was purchased by Google for $1.65 Billion in Google stock. (Source)
Corporations may choose to understand that quality is definately achieveable but not always the highest value placed on things from the consumer’s perspective and it is the focus on the consumer that wins business.
For example 100 million videos are watched on YouTube everyday by consumers. How many are corporate messages?
Why would corporation not use the most popular, free distribution and participation system in the world?
One simple solution to YouTube’s quality issue is using Google branded video hosting service. This service allows for unlimited bandwidth and file size (you can publish as long and big a video as you want).
Google video does not have as easy to use sharing features and participant comments. In order to send this video to a friend, click on the Google logo in the bottom right and go to the Google webpage where the video is hosted then you can access the email a friend or embed code features.
Here is a Google hosted video from one of our clients Capital District Transportation Authority, CDTA.
On the flip side Apple the premier quality technology company (in my opinion), can survive by charging 3 times as much as it’s competitiors for a similar product is doing quite well.
There is clearly a niche market who are willing to pay for quality above other values.
The time is right for corporations to catch up to consumers behaviors or be left behind.
You are not in this alone, we are here with the experience and team to help.
We look forward to your comments.
In harmony,
David