Skip to main content

Yahoo Taps Into User Generated Video Ads

USA Today reports that Yahoo first encouraged consumers to create blogs and photo pages with text and pictures. Now, the Internet portal wants them to make advertisements, too.

Today, Yahoo touts a new look for its front page by asking people to pull out the video camera, open up the editing software and create 12-second commercials for Yahoo. The ads will be shown at video.yahoo.com. Yahoo Vice President Allen Olivo says user-generated advertising is just another way of having customers do testimonials for the site.

"Any advertiser or business that isn't maximizing the power of what users have to say is crazy," he says. "The brand belongs to the customer. Who better to express what we're all about than them?"

To kick off the campaign, Yahoo enlisted students from four art schools � Yale, San Francisco Art Institute, Parsons School of Design and London Film Academy � to create ads, with scripts written by Yahoo's advertising agency, OgilivyOne.

IMHO, anyone who launches this kind of consumer-driven creative experiment, but then limits themselves to predictable scripts written by a legacy ad agency that still believes in "Customer Ownership" is beyond crazy.

Popular posts from this blog

The Subscription Economy Churn Challenge

The subscription business model has been one of the big success stories of the Internet era. From Netflix to Microsoft 365, more and more companies are moving towards recurring revenue streams by having customers pay for access rather than product ownership. The subscription economy cuts across many industries -- such as streaming services, software, media, consumer products, and even transportation with the rise of mobility-as-a-service. A new market study by Juniper Research highlights the central challenge facing subscription businesses -- reducing customer churn to build a loyal subscriber installed base. Subscription Model Market Development The Juniper market study provides an in-depth analysis of the subscription business model market landscape and associated customer retention strategies. A key finding is that impending government regulations will make it easier for customers to cancel subscriptions, likely leading to increased voluntary churn rates. The study report cites the