Is YouTube still an effective Marketing tool?
Updated: Nov 23, 2020
Do people still watch YouTube?
Even after 15 years of it being found, YouTube is still the second most important Social Media platform in the world. With over 1.3 billion active users, YouTube manages to remain an important part of the marketing and advertising world. Statistics show that on a daily basis, nearly 4.95 billion videos are viewed on the platform, which makes YouTube a tough competitor compared to other platforms.
Why should I advertise on YouTube?
Though YouTube isn’t only good for its users and their views, they are also good in targeting specific groups of people in order for businesses to reach the right group of people who may be interested in what the business is selling, and this is what makes the platform a good all-around good marketing tool.
YouTube is also one of the cheaper ways to advertise your business compared to its competitors. With Youtube advertising, you pay per video view. A typical video ad is around $0.10 - $0.30 per view.
What Should We Do?
What Adicator wants to know is if you think YouTube is an effective way to advertise our client’s businesses?