Wednesday, April 30, 2008

Google/YouTube Priorities

YouTube tests a new player and it looks great: the chrome is less pregnant and almost invisible, two rarely-used buttons have been removed, the volume control takes less space, you can finally use keyboard shortcuts (up/down arrows for volume, right arrow for fast forward, space to pause the video).


In other YouTube news, Eric Schmidt said in an interview for CNBC that the highest priority for YouTube this year is figuring out how to make money. "We believe the best products [for monetizing YouTube] are coming out this year. And they're new products. They're not announced. They're not just putting in-line ads in the things that people are trying."

Asked whether gaining a larger share of the ad market is Google's biggest priority, Eric Schmidt changed his mind. "Well, our number one priority is end-user--end-user happiness. Literally, are people happy with the results that they get using Google search? So it's literally search, and every day we bring out new improvements and indices that are--taxonomies that are understanding of language, more content, bigger--all of the things that make Google such a great search experience. That's our number-one priority, even more important, for example, than advertising."

It makes you wonder if the new minimalistic YouTube player intends to improve user experience or make room for the cutting-edge monetization features that will be announced later this year. "Well, our number one priority is end-user--end-user happiness. (...) I don't think we've quite figured out the perfect solution of how to make money [from YouTube], and we're working on that. That's our highest priority this year."

But maybe the two priorities converge at some point. "Google believes that advertising itself has value. The ads literally are valuable to consumers. Not just to the advertisers, but the consumers," said Eric Schmidt in the same interview. Maintaining the right balance between all these priorities is a difficult challenge for Google and one of the reason why, after one year and a half since the acquisition, YouTube still doesn't make significant money.

{ Thanks, Daniel. }

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  12 comments ( Post a comment )
Thanks for the heads up!

Do you know how to turn off the auto load/play when there are more than one part in a list? I like it but it's loading different parts than the one I am currently watching.
Talking about the future of Youtube, this might be interesting: http://scobleizer.com/2008/04/30/youtube-working-on-live-streaming/
The only problem with the new player is that adding &fmt=18 does not load the MP4 video anymore...
What I read into those comments, is that they are looking for ways to make more money. The comment about search follows that tune when you read between the lines a little, as the happier people are with Google Search - the more pople will use their services over the competition which indirectly means they'll make more money via their paid advertising platform.
Still waiting for CC in YouTube.
Although Youtube is best online videos resource ,but i face some difficulties in video search and it is not as user friendly like google search engine.
youtube video search is some time not appropriate what we wants from it.
YouTube player makes room for the cutting-edge monetization features and the best online video source platform for video viewer and i think google also should start such type of facility hope it would be done very soon.
Google you tube is agood option . I love to work with it.
Google Operating system is better then all others so we can say it is best.
As the happier people are with Google Search - the more pople will use their services over the competition which indirectly means they'll make more money via their paid advertising platform.
interesting enough, this is an old article, more then a year old actually, and I see few new things on youtube.. it has even stoped working on my ipone :(