Why are Online Video Contests becoming increasing popular with Corporate Marketers?

Online Video Contests are by far less costly and much more effective than traditional forms of advertising. Have you noticed the rapid decrease in traditional ad revenues?

Online Video Contests provide huge and valuable Feedback in the form of user comments, and ease of tracking from viewers.

The online viewing audience decides if your content is viral, and spreads to e-mails, newsletters, blogs and other online sites.

A successful Online Video Contest spreads quickly to Online Video Sites like YouTube, Myspace Trailer Park, and social networking sites like Facebook, Myspace, and many others.

Online Video Contest are extremely measureable, and clearly your quantity and quality of online viewers will let you know if your message is working.

YouTube is by far the king of online video sites. Lee Gomes from the Wall Street Journal recently reported on some fascinating You Tube Data.

In a single month the number of videos on the site grew 20% to 6.1 million

YouTube has some 45 terabytes of videos

Video views reached 1.73 billion

70% of YouTube’s registered users are American, roughly 50% are under 20

The total time people spent watching YouTube last year is 9,305 years

WOW!!!! Now it is clear why big and small companies alike are using Video Contest as a powerful marketing tool. Here are a few examples of YouTube Contest.

Acer - Enter the Aspire One Video Contest today and have your movie uploaded to YouTube for judging by the entire world!

Johnson & Johnson - Submit Video on how you share traditions with baby on thanksgiving

Kraft Video Cooking Challenge - Ten cooking superstars will earn $1,000 each

Google Video Contest or go to YouTube and select from the hundreds of thousands of other video contest available.

Video Contest Web Sites should have certain information available. Let’s use the Acer Aspire One Video Contest as an example:

Contest Rules

Prizes

About The Product

View Entries

Winning Tips

Contact Us

Ok, now have some fun with Online Video Contest, enter some, and best of luck on winning some great prizes. If you are a Facebook or MySpace member, look up my groups called YOU TUBE CONTEST

Jim Farrell Social Networking Contact Information

• http://blog.business-bits.com
• http://www.business-bits.com
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Facebook Groups

• http://groups.to/youtubecontest
• http://groups.to/podcastmarketingforbusiness
• http://groups.to/professionaldevelopment