The NEXT Big Opportunity for Content Creators!

Think Media
28 Feb 202413:20

Summary

TLDRIn this insightful video, viewers discover the seven pivotal YouTube trends for 2024, aimed at amplifying views, followers, and earnings. Key insights include the dominance of high-quality, long-form content due to viewer preferences for extended watch times on connected TVs, the surge in short-form video across multiple platforms, and the strategic advantage of embracing multiple content formats for broadened audience engagement. The video also highlights the transformative impact of AI in content creation, emphasizing the balance between innovation and ethical considerations. Additionally, trends point towards the rise of authentic content, the importance of brand building over mere virality, and the burgeoning opportunities for creators, including micro and nano influencers, to transition to full-time roles, underscoring the evolving dynamics of the creator economy and the unique potential of user-generated content (UGC) in brand collaborations.

Takeaways

  • 🎬 High-quality, high-effort long-form videos will continue to dominate YouTube, with a trend towards longer content as people increasingly watch on connected TVs.
  • πŸ“Ή Short-form video content, like YouTube Shorts, will continue to grow in popularity, driven by significant daily views and the adaptability of content creators to multi-format content.
  • πŸ’» Pro creators are encouraged to embrace multiple content formats on YouTube (shorts, long-form videos, podcasts, live streams) to cater to diverse audience preferences.
  • 🧠 AI will play a pivotal role in content creation, offering tools for scriptwriting, editing, SEO, and more, but creators must navigate safety and ethical concerns.
  • πŸ”₯ Authentic and raw content creation is gaining traction, offering a contrast to highly produced content and appealing to viewers seeking genuine connections.
  • πŸ“– Brand building is crucial for long-term success on YouTube, emphasizing the importance of cultivating a loyal audience beyond chasing viral hits.
  • πŸ’΅ There's a growing opportunity for creators, including micro and nano influencers, to monetize their content and potentially go full-time, supported by brand sponsorships and the expanding creator economy.
  • 🌐 UGC (User Generated Content) creators are rising, focusing on creating authentic content for brands, indicating a shift towards genuine, relatable advertising.
  • πŸ“š YouTube is implementing new disclosure requirements for AI-generated content to maintain transparency and protect the community.
  • πŸ“Œ Consistency, authenticity, and embracing multiple content formats are key strategies for growth and engagement on YouTube.

Q & A

  • What is the trend for YouTube video length in 2024?

    -The trend for YouTube video length in 2024 is towards high-quality, high-effort, long-form content, with videos ranging from 1 to 3 hours, and top creators producing videos of 25 to 30 minutes or more on average.

  • How popular are YouTube Shorts expected to be in 2024?

    -YouTube Shorts are expected to continue growing in popularity, with current stats revealing 70 billion views every single day, indicating a significant trend towards short-form vertical video content.

  • What type of content formats should creators focus on in 2024?

    -Creators should embrace multiple content formats, including shorts, long-form videos, podcasts, and live streams, to cater to diverse audience preferences.

  • What role is AI expected to play for content creators in 2024?

    -AI is expected to disrupt the creator economy significantly, assisting in script writing, video editing, SEO optimization, and more, but also brings safety concerns such as deep fakes.

  • What new policies is YouTube implementing regarding AI-generated content?

    -YouTube is implementing disclosure requirements and content labels for videos with altered or synthetic content, including deep fakes or AI-generated voices, to avoid misleading viewers.

  • Why is raw and authentic content gaining popularity on YouTube?

    -Raw and authentic content is gaining popularity as a reaction against highly produced content, with creators having success by being real, down to earth, and consistent in their uploads.

  • What is the importance of brand building for YouTube creators in 2024?

    -Brand building is crucial for lasting success on YouTube, focusing on creating a loyal audience and connection, rather than just chasing virality and views.

  • How is the creator economy expected to grow by 2027?

    -The creator economy is expected to approach a half a trillion dollars by 2027, doubling in size over the next three years, indicating significant growth and opportunity for creators.

  • What is the trend regarding influencer marketing and content creators?

    -There is a trend towards brands preferring to work with micro and nano influencers for sponsored content, as they tend to have more authentic relationships and engagement with their communities.

  • What is the opportunity for creators in producing user-generated content (UGC) for brands?

    -Creators have an opportunity to generate income by creating UGC for brands, focusing on authenticity and their ability to create compelling content, rather than the size of their following.

Outlines

00:00

πŸ“ˆ YouTube Trends for 2024

The video begins by identifying seven major YouTube trends for 2024, focusing on the continued dominance of high-quality, long-form content due to YouTube's preference for increased platform time. It notes the rise in popularity of short-form videos, such as YouTube Shorts, and predicts the growth of tools and AI to facilitate content creation across formats. The script highlights the importance of embracing multiple content formats for creators, particularly procreators, to cater to varied audience preferences. It also touches on the disruptive potential of AI in content creation, listing ways it can assist creators while also introducing new challenges such as deep fakes and the necessity for disclosure.

05:02

πŸ” Authenticity and Brand Building in Content Creation

This section delves into the rising preference for raw and authentic content over highly produced videos, using the example of Sam Silik's success to illustrate this trend. It emphasizes the importance of brand building over chasing virality, suggesting creators focus on establishing a loyal audience rather than just accumulating views. The script argues that true success on YouTube involves creating a connection with viewers through consistent and authentic content. It also mentions the potential of micro and nano influencers in the evolving landscape of brand sponsorships, highlighting the efficiency and effectiveness of working with smaller, more engaged audiences.

10:02

🌟 The Future of Full-Time Creators and UGC

The final part of the script projects an optimistic future for creators aiming to go full-time, supported by a growing creator economy. It points out the opportunities for micro and nano influencers in brand partnerships due to their authentic engagement with audiences. The script introduces the concept of User Generated Content (UGC) creators, who produce sponsored content that appears genuine and authentic. It suggests that creators can pivot towards becoming UGC creators for brands they are passionate about, presenting it as a viable path to earning a full-time income. This section encourages creators to explore new opportunities beyond traditional content creation, highlighting the potential for innovation and adaptability in the creator economy.

Mindmap

Keywords

πŸ’‘High Quality Long Form Videos

High Quality Long Form Videos refers to content on YouTube that is not only lengthy (ranging from 1 to 3 hours or more) but also maintains a high standard of production quality. These videos are crucial because they cater to the platform's preference for keeping viewers engaged for longer periods. The script mentions that such videos are increasingly popular, outperforming other content forms on smart TVs in the US and are rewarded by YouTube's algorithm with greater reach and potential earnings for creators.

πŸ’‘Short Form Video

Short Form Video is a rapidly growing content format across various platforms, including YouTube Shorts, Instagram Reels, and Facebook. These videos, often vertical and lasting only a few seconds to a couple of minutes, tap into the audience's preference for quick, engaging content. The script highlights that YouTube Shorts alone garners 70 billion views daily, emphasizing the importance for content creators to leverage this format for increased visibility and engagement.

πŸ’‘Content Formats

Content Formats in the context of YouTube include diverse types such as shorts, long-form videos, podcasts, and live streams. The script notes that pro creators are encouraged to embrace multiple content formats to cater to varied audience preferences. This strategy ensures that creators can reach wider audiences by providing different ways for viewers to engage with their content, from quick snippets to in-depth explorations of topics.

πŸ’‘AI in Content Creation

AI in Content Creation refers to the use of artificial intelligence to support various aspects of producing content, including scriptwriting, video editing, and SEO optimization. The script underscores AI's role in revolutionizing the creator economy by making content creation more efficient and enhancing the quality of output. However, it also mentions the need for ethical considerations and transparency, particularly regarding the use of generative AI and deepfakes.

πŸ’‘Generative AI

Generative AI pertains to AI technologies that can create new content, such as text, images, and videos, that mimic human-like creativity. The video script discusses YouTube's stance on generative AI, emphasizing the balance between unleashing creativity and ensuring the safety and trust of the platform's community. It mentions upcoming requirements for disclosing the use of altered or synthetic content to prevent misleading viewers.

πŸ’‘UGC Creators

UGC Creators stands for User Generated Content Creators, individuals who produce content for brands that appears authentic and genuine, often mimicking customer testimonials but are paid engagements. The script highlights this as a rising opportunity for creators, allowing them to monetize their skills in content creation without the need for a large following or subscriber base, focusing instead on their ability to produce compelling content for brands.

πŸ’‘Brand Building

Brand Building in the YouTube context refers to the process of creating a distinct identity and loyal community around a creator's content, beyond just chasing views or viral success. The script advises creators to focus on building a brand that resonates with viewers, fostering a deeper connection and loyalty. This approach is contrasted with merely seeking virality, emphasizing the long-term benefits of establishing a strong, recognizable brand.

πŸ’‘Nano Influencers

Nano Influencers are defined in the script as content creators with a subscriber count between 1,000 to 10,000. They are highlighted for their potential to go full-time due to the growing interest from brands in partnering with influencers who have a smaller but highly engaged audience. The script points out the effectiveness of these collaborations for both brands and creators, suggesting a more accessible path to monetization for creators with smaller audiences.

πŸ’‘Multi-Format Content

Multi-Format Content refers to the strategic creation of content that can be easily adapted across different formats and platforms, such as horizontal, vertical, or square videos. The script anticipates the development of tools and technologies that assist creators in producing content that is versatile and can cater to the preferences of audiences on different platforms, highlighting the importance of flexibility in content creation strategies.

πŸ’‘Creator Economy

The Creator Economy is a sector within the broader economy focused on individuals who create and monetize their content, primarily on digital and social platforms. The script mentions a projection that the creator economy could double in size within the next three years, indicating a significant influx of opportunities and financial resources for content creators. This growth signifies the increasing value and impact of creators in shaping cultural trends and generating economic value through their content.

Highlights

High quality, high effort long form YouTube videos will continue to dominate, with a trend towards longer content as connected TVs increase YouTube viewership over other platforms.

Short form video content, like YouTube Shorts, is growing in popularity, with platforms seeing significant daily views and a shift towards vertical video formats.

Content creators are encouraged to embrace multiple content formats on YouTube, including shorts, long-form videos, podcasts, and live streams, to reach varied audiences.

AI's role in content creation is expanding, offering tools for scriptwriting, video editing, and more, but also raising safety and ethical concerns.

YouTube is implementing disclosure requirements and content labels for AI-generated content to address safety concerns and ensure transparency.

Raw and authentic content is gaining traction, with creators achieving success through minimal editing and genuine presentation.

Emphasis on brand building over chasing virality, with a focus on establishing a loyal audience and brand identity.

The creator economy is booming, with predictions of substantial growth, offering increased opportunities for creators to monetize their content.

Micro and nano influencers are becoming more significant for brand partnerships, offering authenticity and engagement over broader reach.

UGC (User Generated Content) creators are rising, focusing on creating authentic content for brands, independent of subscriber count.

The importance of video captions and how they can increase viewership duration, with services like Rev.com providing captioning solutions.

The potential double in the creator economy by 2027, emphasizing the importance of the next three years for YouTube creators.

The strategic advantage of embracing multiple content formats to cater to different audience preferences and consumption habits.

The critical role of authenticity and consistency in building a successful YouTube presence, as demonstrated by successful creators.

The evolving landscape of content creation with AI, highlighting the balance between innovation and ethical considerations.

Transcripts

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this video I'm going to be breaking down

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the seven big YouTube trends you need to

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know for 2024 so ultimately you can get

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more views grow your following and earn

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more money this year you got to just

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press record number one high quality

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High effort long form YouTube videos

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will continue to dominate videos

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continue to get longer on YouTube and

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we're seeing the rise of connected TVs

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people are watching in the US more

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YouTube than any of the other Netflix or

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platforms on their Smart TVs we're

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seeing 1 to 2 hour to 3 hour video

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podcasts and some of the top creators

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are creating videos that are upwards of

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25 to 30 minutes plus in their average

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videos and this makes sense because

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YouTube's main desire is top time on

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platform and so longer videos if they're

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good and they keep people's attention

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are something that YouTube loves and

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they reward you as a creator with more

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reach with more suggestions and the

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algorithm and with more money number two

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short form video will continue to grow

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in popularity across platforms the most

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recent stats reveal that YouTube shorts

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currently get 70 billion views every

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single day and the best performing

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content on meta Instagram and Facebook

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is reals and is vertical video and so

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short form vertical video across

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platforms continues to grow in

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popularity and I think some of the

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predictions and trends that we're going

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to see is we're going to see cameras and

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video editing software and AI that

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starts helping content creators create

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more multiat content CU I don't know

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about you but in today's world I'm

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sometimes a little bit frustrated trying

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to think okay am I going to shoot this

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vertical do I shoot this horizontal

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should I actually shoot this wider so we

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can crop in and do both I think we're

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going to see tools supporting content

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creators making it easier to create

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content that can end up being

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multi-format and to put it bluntly I

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think that content creators that are

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ignoring YouTube shorts are making a big

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mistake but that's just my opinion

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number three procreators will Embrace

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four plus content formats on YouTube

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Here's the data 87% of adults are

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watching at least four content formats

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on YouTube shorts long form video

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podcasts and live stream so I don't

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blame you if you're thinking Sean should

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I create long form videos or YouTube

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shorts should I create a video podcast

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or should I start going Live on YouTube

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well my answer would be yes you should

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do all of the above now one of the

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things to clarify here is I said

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procreators will Embrace 4 plus content

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formats I think if you're just getting

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started it's not necessarily even

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practical to try to do it all but I

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think that as you advance and maybe

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systematize things learn better tools

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maybe even start to build a team that's

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when it starts to make sense to embrace

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all these different content formats but

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the practice iCal Point here is that

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different audiences like to consume

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content in different ways so if you're

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not showing up in YouTube shorts you're

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missing out on reaching people who love

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YouTube shorts if you're not showing up

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in longer form live streams or podcasts

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where you can expound on your ideas or

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create a deeper connection you're

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potentially missing out on people who

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prefer that content format Trend number

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four AI will continue to disrupt the

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Creator economy if you're not using AI

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as a content creator you're making a big

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mistake because there's so many

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practical ways that AI can help you with

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content creation I wrote down a list

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script writing and brainstorming

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automatic captions and transcripts video

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editing quickly creating clips and short

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form videos title generation thumbnail

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generation and graphic design SEO

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optimization social media management

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content moderation and engaging with

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your community there is no doubt that AI

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can save you you time help you make

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better content and ultimately help you

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reach your creator business goals faster

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but there's also some bad that comes

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along with AI that we need to talk about

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so let's hit that right now so by now

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it's no surprise that there are many

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safety concerns when it comes to AI deep

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fakes people's voices sounding like them

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but saying things they never said and

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YouTube has a lot to say about this and

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I quote generative AI has the potential

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to unlock creativity on YouTube and

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transform the experience for viewers and

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creators on our platform but just as

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important these opportunities must be

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balanced with our responsibility to

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protect the YouTube community so what

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they've added and this will be rolling

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out is disclosure requirements and new

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content labels what's a Content label

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well we've all seen now creators that

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have a paid sponsorship in their video

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the little pop out that says includes

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paid sponsorship and so the YouTube's

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goal is to a avoid misleading viewers

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with a new disclosure that says altered

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or synthetic content sound or visuals

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were altered or generated digitally and

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so the idea is that people will need to

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check a box if they've used deep fakes

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or they've used some kind of a voice

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tool to create generative AI of

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something that really didn't happen and

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so what does this mean practically for

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us I think it just means that we need to

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be prepared for this to be a bumpy ride

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for there to be especially if you're

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going to lean heavy on generative AI

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that you could run into some issues with

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maybe your channel being demonetized or

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certain content being affected in some

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way as YouTube is cracking down on this

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my prediction is that AI will be more

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disruptive in 2024 than it was in 2023

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and that year was insane so we have a

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lot to look forward to and it's going to

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get interesting this video is brought to

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you by rev this did you know that there

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are studies that have shown that videos

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with captions are 80% more likely to be

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watched in their entirety which is why

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we trust rev.com their human caption

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Services ensure Flawless captions for

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our content and you can use their

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transcriptions as an aid in video

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editing and you can get AI captions as a

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lower cost alternative to their human

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captions if you want to save money all

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you have to do is connect your YouTube

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channel to your rev account and simply

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select the videos you would like to add

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captions to and they get automatically

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applied when finished rev also has

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foreign language subtitles to expand

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your audience as well and you'll get

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free human produced English captions

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when you buy these in any foreign

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language click the link in the

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description to get started with rev

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today Trend number five raw and

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authentic content creators will rise to

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the top so one of the things we've been

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seeing is a shift away from highly

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produced forced content this is kind of

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a reaction to the Mr

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beastify of YouTube which simply means

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always trying to outdo your last video

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more spectacle more energy more noise

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more fast-paced more trying to hack the

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viewer's brain to keep audience

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retention as high as possible and what

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we're seeing is creators having massive

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success with really the opposite

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approach to that Mr B style for example

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if you haven't seen Sam silik yet he's

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been one of the fastest growing creators

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with an ultra stripped down minimal

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editing basic thumbnails with no shine

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to them and he's a 21-year-old

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bodybuilder who as of March 2023 only

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had 8,000 subscribers fast forward to

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today and he's over 2.7 million

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subscribers he basically has a vlog

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where he uploads every day and again I

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think he is a refreshing personality cuz

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he's real he's down to earth kind of

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driving drives a normal car he's tapping

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into the unbreakable cheat code required

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to win on YouTube which is consistency

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cuz he uploads every day but he's paired

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that with authenticity he's just real

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he's just raw and it just feels

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different but his results have been

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insane number six creators that last

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will focus on brand building one of the

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mistakes a lot of people make on YouTube

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is they chase views and virality but

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they never build an actual brand or

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connection with a loyal audience I want

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to encourage you don't just create

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content build a brand and here's kind of

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what I mean if you've ever consumed

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YouTube shorts maybe whoever you love to

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follow I mean and let me know I'll

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probably trigger some people here but

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maybe you'll see clips of Jordan

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Peterson or you see clips of Andrew Tate

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who all these different people that are

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building their influence Elon Musk Clips

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well when you see these clips whose

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brand is being built Elon musk's brand

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is being built and what account are

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those clips on you have no brand

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Affinity you don't know some of these

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accounts that are getting views I don't

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believe will be around in a couple years

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because they never actually built a

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loyal following with any kind of

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affinity or connection to them and

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sometimes I think we overvalue the

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virality and Views that video got a

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million views but I would much rather

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have 4,000 views on one of my most

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recent video podcast long form episodes

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that went a lot deeper that had a lot

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more connection that had almost a record

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of how many deep comments I got in

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response it got less views but I would

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argue it's more super fans it's more of

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a loyal following and creators that last

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aren't going to just Chase virality and

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Trends they're going to build an actual

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Brand number seven more creators will go

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full-time this year than ever before a

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recent article from Goldman Sachs

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research revealed that the Creator

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economy could approach a half a trillion

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dollars by 2027 it means it's going to

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double in the next 3 years years so in

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other words the next three years are

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going to be the best three years on

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YouTube what that means is that a lot of

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money is flowing into the system and you

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need money for your mission you need

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money to do this full-time and a lot of

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that money is Flowing to what's called

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micro influencers and Nano influencers

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now a micro influencer is someone with

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10,000 subscribers up to 100,000

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subscribers but a nano influencer is

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someone with 1,000 to 10,000 subscribers

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and the trend we're seeing is that

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brands that are doing paid sponsorships

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are finding better results and finding

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that they prefer to work with micro and

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Nano influencers but basically the idea

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is this instead of paying one Superstar

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influencer $100,000 for a sponsored

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video they can pay a hundred Nano

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influencers $1,000 for 100 sponsored

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videos and what they've discovered is

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that these micro

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influencers have authentic relationships

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with their Community there's more

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engagement there's more connection there

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and that it's more work because you're

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working with more people but that the

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brands are getting better results in

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terms of whatever their campaign

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objectives is when it comes to

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influencer marketing this means that if

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you learn the right skills and you

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position your yourself right you learn

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how to pitch you learn how to connect

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with Brands there is a lot of

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opportunity to go fulltime even if you

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have a small audience however there's a

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huge opportunity here that almost nobody

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is talking about and that is the rise of

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ugc creators let's talk about it so the

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term ugc has been around for a while and

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it stands for user generated content and

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essentially what they're doing is they

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create content for brands that looks

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real I mean it is real but it looks more

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raw it looks like a a raw customer

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testimonial but the difference is they

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were actually paid by the brand to

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create it the difference here is that

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your YouTube channel is not being judged

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by the amount of subscribers or the

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amount of influence you have it's being

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judged by your ability to create content

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for the brand that they like maybe your

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charisma the way you look your style

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your humor and also your video editing

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and storytelling and understanding maybe

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of how to actually create content now

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this might bring up this idea of well

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are you being fake or just being paid to

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lie and I think to do this with

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integrity it's just the opportunity that

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if there is a brand you love if there is

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a particular product you love you could

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pitch and reach out and again your pitch

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will be different you're going to

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position yourself of hey would you like

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me to create content for your brand you

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could use it in paid media you could use

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it on your website you could use it in

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these different places you getting

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educated in this reveals that again

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fulltime might be a lot closer than you

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imagined but it might look different

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than you thought it was going to look

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and that could be tapping into this idea

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of ugc content creators let me know in

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the comments if you'd like me to teach

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deeper on this in the future and even

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bring on some special guests to our

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podcast because this is going to be a

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major Trend and it's a huge opportunity

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to generate money even if you are a

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smaller creator