Youtube had almost no revenue to speak of and was losing money. The bandwidth costs for an online video site like that are enormous. The site also has many lawsuits pending due to the fact that Youtube allows users to upload any video they like. Although users are told not to upload copyrighted video, that doesn’t stop them from doing it.
So what made a website that’s losing money worth $1.65 billion when Google already had its own competing video site – ? The answer is simply traffic. Youtube is, by far, the most popular online video site. Youtube’s traffic kept on growing while Google Video kept losing traffic.
Youtube did a far better job is building a community of users. Google Video required users to wait several days before their video was live. Youtube, on the other hand, gave users a link to their video immediately and was able to have their video live for them to view in less than an hour.
Youtube also took a cue from social networking sites and allowed users to add tags to their videos. Basically, the way Youtube ranked its videos was based more on how well the video was rated by users rather than by how well it performed according to a search ranking algorithm.
So did Google get a good deal from its purchase of Youtube for $1.6 Billion? That remains to be seen. Google has already set aside $200 million to fight and pay lawsuits due to the amount of copywritten material on the site and the amount of unhappy copyright owners.
One would have to assume that Google will be able to find a way to make Youtube a profitable site. After all, Google itself lacked a way to make money until it came out with Google Adwords. With more traffic to its network of websites, it makes sense that Google will continue to be innovative and solve the problem of monetizing its newfound traffic stream.
Google Pay For Click
But why would the guru want to do this?
Because it saves them time & gets them easy bucks!
Every guru has at least a dozen product ideas that they doesn't have time for. For more results visit us at www.jointwebventures.com. If you offer to do all the work & still give them 60% or more - there's no way they're going to miss it! You can also make a product specifically FOR one guru's viewers. But that's another story.
Here's a tip: Ask the guru for an incomplete product.
Many gurus start a product but for some reason it's pushed aside half-way down. They want that product to see the light of the day but they don't have time for it or maybe they've just moved on.
But if you offer to complete that product, they will love you for it!
When people see you co-authored an eBook with a victorious guru - you get instant credibility. And of course the money comes rolling in faster than you can count - because the guru obviously has a loyal following.
And then people will be contacting YOU for joint-ventures! The integrity, the money, and the contacts - it's all worth it.
There are many examples of people who launched their online this way. Here are 3 case-studies:
I can't say if he launched his online career this way. But this guy has authored at least half a dozen books with the top guns in this industry. The one that gave him the first real boost was "How to write an eBook in 7 days or less” that he co-authored with Joe Vitale.
The story is - Jim Edwards asked Joe Vitale to give him any old document of him that he could turn into an eBook. After constant request - Joe gave him a book he authored long ago - on how to write a book in a record time. Jim edited it a bit & then turned it into "How to write an eBook in 7 days or less". It became an instant best seller & gave Jim his first shot of fame.
Since then - Jim has co-authored with more Gurus than I can count. And today he's a big Guru himself! Smart, eh?
His story is so simple - it'd be hard to believe.
Larry wrote a swipe file of rhythmic words & phrases. You can also login to www.joint-venture-guide.com. Then he wrote to Joe Vitale that since 'hypnotic' is his brand - Joe can review it & if he wants - add some hypnotic phrases himself & they'll co-author it.
Joe agreed & yes magnetic swipe file' sold like crazy. Today Larry got 4-6 other soothing eBooks co-authored with Joe. Nitro marketing that multi-million-dollar IM Company promotes 90% of Joe Vitale's products including the ones he co-authored with Larry.
Both Gary Ruplinger & Simmi 9 are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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