YouTube has launched a new program that lets marketers place ads. Advertisements are usually in the form of a commercial video clip which runs alongside the search results.
By: Sara Smith
Published: Nov 13, 2008
Updated: Jul 1, 2009
Google Inc unveiled new advertising channels on Wednesday to let companies run video advertisements on YouTube's search results. The platform is similar to Google Adsense and is only available in the United States.
"We are trying to blend the best of Google with the best of YouTube," said Matthew Liu, a YouTube product manager.
The advertiser can link their commercials to specific search words that are entered on YouTube. The video advertisements can be anything from selling merchandise to home improvement clips.
The new YouTube advertising platform is expected to attract video creators who desire larger audiences to view clips. The advertising search videos will appear under the "sponsored" column within the search results.
YouTube is the largest video sharing site in the world. The video Web site attracts more than 300 million users. The site also receives 13 hours of new video content every minute.
Google is also experimenting with new ads that could appear before, during and after produced TV shows and movies shown on YouTube.
Financial analysts predict that the new YouTube advertising platform will generate up to $200 million in revenue this year. Most analysts have high expectations for the video sharing site with revenue doubling by this time next year.
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