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MySpace and YouTube: Bad Marketing?

May 10th, 2007 @ 11:02 am

1 Comment

Categories: Marketing, Research

Tags: Marketing, YouTube Inc., iProspect, MySpace, Joseph De Avila

Is YouTube and MySpace the future of marketing? Maybe, but right now both of these sites don't carry the clout to get shoppers to dig in their wallets and spend cash. New research out from iProspect and JupiterResearch found that both MySpace and YouTube only got two percent of online users to buy something in the past year. Amazon was the only website that swayed a high percentage of consumers. It got 28 percent of online users to buy stuff.

 

Here's the link to see the rest of the study's results. 

(Graph above from iProspect.)

 
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    L10_Chris

    05/14/07 | Report as spam

    It's about leverage

    MySpace and YouTube are not purely marketing/sales driven sites, but rather community and sharing sites, I think it speaks volumes as to where marketing is headed. Since the dawn of time businesses have been able to leverage the power of word-of-mouth marketing, and for most small businesses that has been their greatest asset. With the infusion of social sites now taking hold, more focus can be given to that style of marketing in a permanent format, the trick lies in properly understanding how to manipulate the "Referrals" you receive.

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