A couple of weeks ago I posted how cool it would be to use videos as content to attract targeted consumers/visitors using the .tv extention to your geo domain.  This strategy is now going mainsteam on the dot com side of the house with the announcement of Yahoo! and Belo teaming up to provide targeted news video clips.  In another announcement today, RealPeopleRealStuff.com, a classified and advertisement video site, was voted as one of the most promising new business concepts by springwise.com.  According to Borrell Associates, the nation’s leading online advertising research firm, the nascent online video market is poised to grow more than tenfold over the next five years, comprising 33% of all online local advertising by 2012.

Consumer, Advertising and Classified Videos are going to be the new modes of delivering targeted content to consumers.  Each year consumers are getting lazier on the internet and they will embrace video content to keep from having to read content.  Additionally, voice search is going to explode for the same reason, why type when you can talk it out.  New internet trends spread rapidly into every industry.  Soon, video PPC ads will be delivered on parked domains generating larger amounts of revenue.  Domain platforms will follow and be an excellent tool for geopreneurs to consider implementing onto their geo site developments.

Do you think video content will be more effective than text content?          

(via NYTimes.com) 

“NEW YORK (Reuters) - Belo Corp. <BLC.N> plans to designate 13 of its television stations as the exclusive provider of local news video to Yahoo <YHOO.O> in those markets, the companies said on Wednesday.

With the deal, Yahoo plans to host dozens of local news video clips each day, provided by Belo’s TV stations. The clips will run in the local section of Yahoo News.
The companies will share advertising revenue generated from the video clips.

(via businesswire.com)

YouTube made it easy to post funny videos,” explains Alan Jacobson, one of the site’s creators. “People have responded enthusiastically just for the chance to become famous – without a financial incentive. Craigslist made it easy to make money by selling goods and services online, but has no video capability. RealPeopleRealStuff.com offers both.”

Since its launch, RealPeopleRealStuff.com has established strategic partnerships with newspapers in the U.S. and Canada to bring their new advertising model to local markets.

Janet DeGeorge, a leading expert in classified advertising, says “While some people do post video ads on YouTube – which is free – it’s really not set up for advertising. You’ve got video ads from all over the world for homes and restaurants next to videos of cats playing piano. At RealPeopleRealStuff.com and its partner sites, you’ve got ads in a commercial environment, with consumers actively seeking your product or service, in your area.”

At a time when newspapers are seeing steadily declining revenues from classified advertising in their print product, video advertising may allow them to recoup some of the business they’ve lost to sites like eBay and Craigslist.