Making “Top Videos” Better

April 6, 2009

by joseph.young.2009

top-videos

I was recently watching the “Top Videos” feature/widget on ESPN recently and thought 2 things. First, the widget has achieved the same functionality as watching SportsCenter on TV.

I can happily watch through it and get the same feeling as watching SportCenter on TV. A couple of stories, a commercial. They don’t make the commercials too long. Let’s hope they keep it that way.

The second thought was a feature they could use to spread the word of the product and increase usage. The “Top Videos” widget should allow people to share clips, tag clips, and make their own “Highlights” to pass to buddies. These features would introduce people to the widget, increase the return rate of readers to the ESPN website, and increases the number of high quality commercials views. As banner ads lose value, video ads that people will actually watch become the most valuable real estate on a webpage. Hulu currently charges a CPM rate of $25, which is apparantly a bargain for video commercials. A rough estimate of CPM for banner ads is $5. This means, that websites, including ESPN want to convert as much space to video ads as possible. SportsCenter has found a way to do this. But it must increase the viewership. By allowing customers to share clips and add tags, you add more value to the “Top Videos” widget and get more people using it, whether to tag, or to share clips.

One way to implement the tag features is as follows. Show the top 10 tags, and allow users to give a thumbs up or thumbs down for a clip selection. To avoid excess tags, the same section (or close proximity) should be selected 3 times before it shows up on the website to prevent clutter. And people can get “points” as they get more thumbs up rankings. This will encourage more participation for “tagger” and “rankers.”

ESPN currently has 15M viewers. If “Top Videos” is getting 10% of the viewers, that’s 1.5M viewers. If they could get that increased to 20% they could be doubling their revenue from that one widget alone.

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