In today’s digital world, monetizing your audience takes more than focusing on the readers that hit your homepage. With more and more publisher traffic originating from social media sites like Facebook, there’s a clear need for fresh, innovative strategies. That’s why we’re excited to announce our Native Social Video offering, which allows our publisher partners to utilize social media traffic to build a new, video-based revenue stream.
During its first few months in beta, Native Social Video content generated over 100 million views, 500,000 shares, 400,000 likes, and more than $1M in gross sales — clear signs that there is high demand for snackable videos featuring engaging products.
By creating these videos at scale, we’ve successfully helped partners with large Facebook followings that historically struggled to directly monetize their rapidly growing social audiences. By utilizing our platform in addition to their own audience insights to drive on-site impressions and purchases via social video, Native Social Video’s launch partners have seen video commerce increase their total commerce-related revenue over 20%. Users have purchased over 30,000 products as direct result.
“Fresh monetization solutions are critical for the future of publishing, and digital publishers need to be open to utilizing e-commerce in completely new ways” said Ben Gafni, VP of Business Development. “Driving revenue through social commerce — in particular, the way we’re doing so through video — is poised to be a huge trend for publishers in 2017. By creating engaging product videos specifically for social, we’re helping publishers to monetize an increasingly mobile, and ad-averse, readership.”
We’re rapidly rolling out social video commerce across our network. To read more, see our official press release.