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