Video watchers can click through to buy related media from iTunes and Amazon.
It may not be the grand monetization scheme advertisers have been dreaming of, but Google's YouTube hopes a new click-to-buy program for music, video, and games will kick up some revenue for itself and its big media "frienemies."
Through agreements with Apple's iTunes and Amazon, YouTube will let video watchers click through to buy related media from those companies.
The retail links to iTunes and Amazon product pages will show up adjacent to video content from media companies where the media is authorized to appear.
YouTube said it will gradually add click-to-buy links to thousands of partner videos, including those uploaded by EMI Music and Electronic Arts. In EA's case, YouTube said by way of example that videos featuring recent title "Spore" would carry the links.
Additionally, any of those media partners using YouTube's content identification system can enable retail links on their claimed videos should they opt to let them stay on the site. The content ID and management system gives media companies a share of ad revenue on pages where their copyrighted material resides.
YouTube called click-to-buy the first step in creating a "broad, viable e-commerce platform."
"Our vision is to help partners across all industries -- from music, to film, to print, to TV -- offer useful and relevant products to a large, yet targeted audience, and generate additional revenue from their content on YouTube beyond the advertising we serve against their videos," stated a post on the official YouTube blog.
YouTube's affiliate program is U.S.-only, but an international rollout is planned.
This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) brings together the industry's leading practitioners and marketing strategists to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, this year's comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!
Until March 2012, Zach Rodgers was managing editor of ClickZ's award-winning coverage of news and trends in digital marketing. He reported on the rise of web companies, data markets, ad technologies, and government Internet policy, among other subjects.
The Marketer's Guide to Customer Loyalty
Customer loyalty is imperative to success, but fostering and maintaining loyalty takes a lot of work. This guide is here to help marketers build, execute, and maintain a successful loyalty initiative.
The Multiplier Effect of Integrating Search & Social Advertising
Latest research reveals 68% higher revenue per conversion for marketers who integrate their search & social advertising. In addition to the research results, this whitepaper also outlines 5 strategies and 15 tactics you can use to better integrate your search and social campaigns.