YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM

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YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM
YouTube Trend 2020-2021
   YouTube Trend in COVID-19 era

              들어가기
YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM
1 What I am doing now
   Career

   Books
YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM
YouTube 2020

    들어가기
YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM
Biggest quarterly advertisement sales
       records in YouTube
       - 5.04 Billion dollars in Q3
       - 30% increase year-to-year
       - Ad in YouTube takes 9.35% of the
         Alphabet’s entire sales
       - Expecting good performance in Q4
          thanks to recovery of brand customers
          and growth in search engine-based
          advertisement based on broadening of
          YouTube commerce area.

Source of information: Asia Daily Economy “IT Giants sweeping advertisement, record high sales
YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM
YouTube watching time in
Korea
- 33.77 million people, 53.1 billion minutes
- 20 % increase year to year
- Broadening gaps between YouTube and
the other apps

                       Source of information: WISEAPP/WISE RETAIL
YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM
According to a research on internet use in 2020,
93.7% Koreans responded that they watch videos
using YouTube.

                                       Source of Information: a research on internet use 2020 by KT NAS media
YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM
Smart phone apps used for the longest hours by Koreans through all ages
Koreans in their 50s watch YouTube the longest hours (26% of the entire watching hours)

                                                              Source: Analysis by WISEAPP on android phone in 2019
YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM
Youtube marked 5th on most trusted media for the 1st time

                                    YouTube listed the 5th most
                                    trusted media
                                    - According to a poll on media trust in 3Q
                                    2020, YouTube places after KBS, MBC,
                                    JTBC and TV Chosun.
                                    - A big step-up from 9th last year

                                                        Source: YTN “YouTube listed the 5th most trusted media
YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM
1 Day
YOUTUBE TREND 2020-2021 - YOUTUBE TREND IN COVID-19 ERA 들어가기 - BCM
Anyone becomes a producer in YouTube era!

                                        Source: My Lynn TV, Carture Man
YouTube Trend 2020 - 2021

           들어가기
1 Pandemic: Covid-19
     Since the beginning of novel corona virus
     spreading to the entire world in January 2020,
     it has caused huge impacts on our daily lives
     as well as our trend of consuming contents.
     What contents did people search and watch in
     YouTube during the pandemic?

     3 key words verified by YouTube Culture &
     Trends are: 1) Self Care,
     2) Social Connection, 3)Identity
1 Pandemic: Covid-19

    During the pandemic, viewers in the world searched key
       words related to Home Cooking twice than before https://www.youtube.com/trends/articles/covid-impact/
1 Pandemic: Covid-19

                The Human Needs Model

                                        https://www.youtube.com/trends/articles/covid-impact/
1 Pandemic: Covid-19
Self Care

                        https://www.youtube.com/trends/articles/covid-impact/
Yoga Boy

   Yoga Boy
   Subscriber: 318K

                      출처: 유튜브
Expedition on Valley

                       출처: 유튜브
1 Pandemic: Covid-19
Social connection

                        https://www.youtube.com/trends/articles/covid-impact/
Finding Human National Treasures
3 dimensional masks

                                        출처: 핸드메이드생활 프롬리얼, 대전문화재단
1 Pandemic: Covid-19
Identity

                        https://www.youtube.com/trends/articles/covid-impact/
Home decoration and furniture shop listed in Youtube

                                               Just follow this recipe

                                                       출처: 머니투데이 ‘유튜브에서 본 그집’ , 유튜브
2 Live Commerce: Show Host + Influencer
      Shopping businesses based on live show are growing
      fast as the commerce combines with live streaming and
      real time interactive communication

      A show-host type influencer will get many attention on
      this industry

      Other than YouTube, indigenous companies such as
      Naver and Cacao are quickly moving to get their
      positions in Korean market.
2 Live Commerce: Show Host + Influencer

                                    출처: 유튜브 , 인스타그램
SSG.com reinforces V commerce capitalizing on YouTube creators
                                     Sun-chang country sells their local product
                                     via YouTube, Instagram and Cacao TV

                                                                    출처: 라이센스 뉴스, 프레시안 뉴스
Professional: Contents with expertise, information,
3   individual preference and variety are gaining popularity

    Contents about video game and entertainment were
    popular before but in 2020, contents with expertise and
    information are growing fast.
    Viewers developed their own individual tastes and think
    that they can express themselves by the contents they
    subscribe

                                                       이미지 출처: 오픈서베이
3 Professional: Contents with expertise, information,
  individual preference and variety are gaining
  popularity

                                             출처: 유튜브,
3 Professional: Contents with expertise, information,
  individual preference and variety are gaining
  popularity

                                             출처: 유튜브,
3 Professional: Contents with expertise, information,
  individual preference and variety are gaining
  popularity

                                           출처: 유튜브,
3 Professional: Contents with expertise, information,
  individual preference and variety are gaining
  popularity

                                                 출처: 유튜브
Professional: Contents with expertise, information,
3
  individual preference and variety are gaining popularity

                                             출처: 유튜브,
4 Era of Alternate Character: A new way of expressing oneself
      Alternate character that is a new character different from the
      usual character and it becomes popular in YouTube.

      Not only for the celebrities such as Yusansle, LindaG, Kimdavi but
      ordinary people think that they can express new and different
      themselves as if they’re in a flex mode.

      A new K-pop girl group from SM entertainment called aespa
      created some alternate characters and it is an evolutionary trial
      that combines celebrities with their avatars.

      Celebrities set up a YouTube channel with alternate character and
      tell their down-to-earth stories that are not normally shown to
      the public.
4 Era of alternate character: a new way of expressing oneself
4 Era of alternate character: a new way of expressing oneself

                      A new K-pop girl group aespa by
                            SM entertainment
In this context, markets for Virtual
Influencers are very likely to grow    출처: 유튜브
5 Risk management: Short life-cycle of the business
      Raw(날 것): it distributes raw images that are not
      shown in the legacy media.

      Risk(잠재적 위험): it is difficult to control youtubers
      who are not verified and managed in case that they
      cause problems

      Reveal(폭로): some youtubers attack each others and
      get them out of business

      Revival(회생): youtubers can come back faster than
      celebrities         Source: hurting each other after becoming rich by Joong-ang daily
5 Risk management: Short life-cycle of the business
5 Risk management: Short life-cycle of the business
  Controversy over Sponsored video:
  clear sponsorship notice is required
      Aftermath of the controversy over sponsored video
      triggered by Cham PD, the food creator, clear
      guidelines for sponsorship were presented and
      implemented by YouTube in Korea.

      Many agree that it brought transparency to the
      Youtube sponsorship market in Korea and youtubers
      have concerns over how to create funny sponsored
      contents.
5 Risk management: Short life-cycle of the business
   Controversy over Sponsored video:
   clear sponsorship notice is required

Famous youtubers apologize due to
sponsored video lying to the customer
5 Risk management: Short life-cycle of the
  business

                                      Source: New guidelines for sponsored video
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