In another example of how cutting edge Qoof is, a new study published by ABI Research says that the online video market will continue to grow so that by the year 2012, the online video industry will be a $15.6 billion dollar industry.
The Long Island-based research firm points to services like iTunes, MySpace and Joost as examples of the ever-growing and increasingly profitable online video market. ABI Research says that video customers currently number around 300 million people today and will grow to nearly one billion people by 2012.
This increase in population should send the market skyrocketing, providing ample opportunities for a lot of people to make money.
As people become more and more comfortable watching television on their computers, they will also become more and more comfortable with the type of commercials that are specific to the internet. Keyword specific commercials and genre-targeted commercials will become the standard and people will soon see that it is in their best interest to watch commercials.
There used to be a time when people felt that way about TV commercials. There once was a time where people watched commercials to find out what was on sale that week and they planned their weekly shopping trips around the commercials they saw. In those early days of commercials, before they became self-serving and entertainment-based, they provide a service and people knew and responded to them. Eventually, their services became less helpful and people started tuning them out. It is only a small step from tuning them out to TiVo’ing them out completely.
As great as Al Gore says the internet is, it isn’t the greatest revitalizing mechanism that we tout it to be. Bread still tastes like bread, even if you buy it online. But that being said, commercials do have the power to be effective. Whether they stay that way, I guess, is up to us.
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