Millennials Just Don't Find Paid Ads Credible

  • On average, a person spends 1.7 hours a day on social networks
  • But only 6 percent of millennials find paid ads to be credible
  • There has been a doubling in the usage of ad blockers, and it's set to surpass 1 billion downloads soon
  • Word of mouth is 50x more likely to cause someone to purchase a product than an impersonal ad

Majority Illusion Helps Make Products Seem More Popular

Videos are Taking Over the Online World

  • Especially with mobile users, videos are the preferred source of media intake
  • As of January 2016, video viewing on Facebook has hit more than 8 billion average views a day
  • It is  predicted that by 2019, video will take over the internet, covering 80 percent of global traffic

Amazon Launches Amazon Video Direct

  • With the ability to upload videos to Amazon Prime Video users can now early royalties based off hours video is streamed
  • They'll monetize this with adverts or through having individuals buy/rent the video
  • People have the ability for a standalone subscription to Prime Video starting at $8.99 a month