Far be it for any digital platform to learn from traditional TV sellers. But perhaps Google’s YouTube has let a TV tactic sneak in.
Google, which has been offering a limited amount of
premium inventory -- called “preferred” inventory -- for YouTube, says it essentially “sold out” those avails in “upfront” deals this summer after the traditional
TV upfront market ended.
Now, Google is perhaps taking another page from traditional TV networks: selling a few bits and pieces of more YouTube inventory in “scatter” market
deals.
To drive advertisers into big season-long upfront deals, TV has always worked on the premise of scarcity of specific programming and commercial avails. This has been especially true
when advertisers clamor to get into high-rated shows -- from “The Cosby Show.” “Cheers,” “Seinfeld” and “Friends” in the old days, to “American
Idol,” “Grey’s Anatomy,” “Big Bang Theory” and “The Voice” in more recent years.
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Like TV networks, Google offered Nielsen viewership data and
rating guarantees for its initial “preferred” deals. For the “scatter” market, also like the networks, Google says it won’t negotiate on guaranteed ratings.
Perhaps the only thing missing for YouTube are those big TV ratings. But then again, nothing is the way it used to be. Network show ratings are a fraction of where they had been.
Wonder if
digital video is really making specific inroads into traditional TV coffers? That would be a "yes," according to Michael Law, executive VP/managing director of video investment for Dentsu Aegis
America. He toldThe Wall Street Journal: “‘Preferred’
was a really clean way into YouTube when you think about TV replacement dollars... We’re excited to see how this works. This was 100% TV money.”
Still, YouTube may be fudging its
“sold out” proclamation, as well as the concept of “scarcity,”, because it continues to add a lot more content. The company said that “100 hours of video are uploaded to
YouTube every minute.”
Many years ago, broadcast networks complained that cable networks -- then the new media players in town -- had a nearly unlimited supply of inventory, so the
latter couldn’t play the same “scarcity” game.
But then cable started airing some high-demand original scripted programming. And cable networks developed plans to replace
less-desired programming with stuff people really wanted.
We can understand, in part. TV-video sales executives have their own definitions, descriptions and qualifiers. Lessons continue to be
learned, both old and new.