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66. FilmFellas webisode 11
6 months ago
“The Wild West”

In Webisode 11 the fellas continue to flesh out their collective ideas for monetizing video content on the web. Each fella has a different view of where this content is appropriate and how it should be used.

“You have to get people to finally accept online video as a true medium for people to take is seriously,” argues Mike Michaud.

The idea that the web is still considered “The Wild West”, where anyone can essentially upload any content, forces some of the fellas to believe that major brand websites will seek Hollywood credentials. Most of the fellas agree, however, that creating content that can compete with television is the next big step in web video. Discussion gravitates back to the monetization factor and the debate continues.

Find out your own take on these new concepts!

To see more FilmFellas webisodes or bios of the cast members visit filmfellas.tv
  • TheWakePlace.com 6 months ago
    I don't have a 'product' to attach a video to, but the whole web based series still creates a money making atmosphere. Or at least for me it does. If you don't have a product to sell, then there is a fair chance that you are an independent site that can create traffic worthy of companies wanting to advertise. So you may not be filming for a series for GAP, but you could become big enough for GAP to want to sponsor what you do.

    You're right in what you said steve about the content having to be good and compete with TV. Either way you go with it, if you make good pieces of work you will get noticed - look at Philip Bloom as just one example. He never had a product to tie things to. If your goal is making money, there are SO many ways to do it on the web with video.

    My site is essentially a series of videos. They're not linked at all, and are just video sections of things i get upto - but it creates an atmosphere where companies within the industry want to associate themselves with. For me i had to have good content first, then the traffic came, then came the freedom to go deeper into what i do.

    Now if only i can get Zacuto to advertise on the site as essential kit to make all the videos i make - then i'd be home and dry :) haha

    Great video - loved the 'tense' moment when they test your view point!
  • Steve Weiss plus 6 months ago
    I don't want people to get the wrong idea about what I said. I personally believe that when you gather people you should try to sell them something. Otherwise, eventually how will you afford to continually make the content to bring them to the gathering space. Advertising is another way to go, sponsorship is another way to go. My way is just one way. I believe that websites will pay huge money very soon for viable entertainment content that can drive people back continually to their website. After all, that is the goal of every website to get a customer base and find a way to bring them back every two weeks. That gives them an opportunity to sell to them.

    Whether to prove my point, make some money or just be in the first group to do it, I’m in pre/pre production on my first strictly entertainment webisodic production. We will launch it on our own for 12 webisodes to build an audience and then try to commission a dozen webisodes to a major player in fashion. True to my rants, the show tentatively called “R&J” will have nothing to do with selling anything. That’s a job for the garment company to do when the viewers arrive. My job is strictly going to be bringing people regularly to their website. It’s just entertainment that could be seen on any website or TV station. I planning on making this show to compete head to head with television and potentially be bought by television one day. More to come on R&J.

    It’s an exciting time for entertainment makers.
    Steve
  • TheWakePlace.com 6 months ago
    There we have it people, a man who chews his own words and spits them out at you in an idea that he is already making a reality :)

    I figured you must have been up to something, you were up against web guys and still sticking to your guns. But even so, i look forward to this series. Didn't someone say in one of the early film fellas that "the more you get told it can't be done, the more someone is likely to do it" ?

    I guess that i have had the same happen to me. After shooting for so long, i had network TV buy videos off of me to run on their network stations that had only previously been seen on the web. So in that respect, it worked out perfectly.

    You mention about bringing people back every 2 weeks. At the moment, i try to bring people back everyday and work on a 72hr turnaround from shoot to screen. Its tight and tough, but generates huge traffic.
  • Steve Weiss plus 6 months ago
    That's amazing, how you can blast content out every 72 hours. I applaud you for it. I'm hard pressed to get my content out every two weeks. It's not so much the shooting but the editing.

    You're my hero, let's give em hell and show them how fun it is to be able to make your own content and profit form it.
  • TheWakePlace.com 6 months ago
    Late nights, early mornings, an evolved workflow and keeping things simple (equipment wise) keeps the 72hrs a nice average. Some things take longer for sure, i have one that is in month 4 of production. But as far as 1:30 to 4 minute features go, i try to stick to that fast turn around. I think i'm going to have all grey hair by the time i'm 30 though :)

    If you ever need to 'terminal test' some zacuto gear, shooting in extreme places, in sometimes extreme heat and near/on/in the water - i'm your man! haha
    My spider brace shoulder mount is on its last legs :)
  • Steve Weiss plus 6 months ago
    All right, you deserve some real gear. And you are such a loyal follower, send me an email at steve@zacuto.com and I'll send you some gear. Let me know the gear you are using and mounting and I'll come up with something for you.
  • TheWakePlace.com 6 months ago
    wow! emailing right away :)
  • Edward Seaton 5 months ago
    Can I get some free gear too?
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  • WendyCity Productions plus 6 months ago
    Hi Steve,

    Ed Pickert turned me onto this. It's timely because I'm a new sports video producer and my clients want content to post on their race websites. This is very informative stuff - thanks!

    - Wendy Shulik (Chicago)
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  • Ozzy Alvarez 6 months ago
    great conversation. You guys know your stuff.
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  • joe movick plus 6 months ago
    Monetizing. It’s going to be a case of an ambitious and intelligent production company meeting a cutting edge vendor who has the balls to dive in. It will be the classic 0.01% opportunity that changes the world of marketing and entertainment production overnight.

    The frustrating aspect is that the other 99.99% of failures to get to that point will be well thought out, and quality productions that simply did not have the planets align for them. Once that breakthrough happens, we will be on the forefront of producers who know what’s going on. We have already placed most of our failures in this part of the entertainment industry in front of us and will be ready to try again, this time with fertile ground to work on.

    Alas, I don’t believe that model will last long either. The Internet is a mass gathering of tiny villages that resist gathering into the multi-billion user clump advertising is used to. Niche will prove to reign supreme ruler and the real industry players will be good at spreading their investment over 10-20 of these series instead of just one. Newspapers are giving way to niche market blogs and the internet version of ‘The Office’ will eventually bow down to ‘Telemarketing Office’ ‘Bank Lobby’ and ‘IT Cubicleville.’

    I hope this series does not shut down once your other series pops up. As far as I’m concerned this is the canon of internet entertainment marketing, because you are having the conversation that everyone else is avoiding right now. Thanks for sharing and please keep them coming.
    Thanks Steve.

    JoeMovick
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  • Stoner Ace 6 months ago
    Hi Steve,

    I totally dig your model. It's cool and I'm pretty sure that it is gonna work. One thing I'm kinda missing in the whole discussion is: "How on earth are u gonna prove profitability?". Cause in the end that is what matters to the business. I think there lies the hard part. I've been thinking about this and lets say u take two parameters into account. 1. conversion ratio and 2. average margin per sale. e.g. 1% and $5,- leads to $5 per 100 viewers (which is really high imho) Lets say a show costs 10K per episode. Then ur gonna need 200K viewers per episode to break even.(Which is a LOT). Or the other way around, if like filmfellas u get an average of 2000 plays ur gonna end up with a budget of $100,-. (Again, I love this show don't take it the wrong way). What are your thoughts on this profitability dillema? Love to hear your thoughts man.

    Cheers
  • Very wise man Stoner Ace.
    Two concepts here:
    1. Consumer entertainment show, i.e. to compete with television
    2. Niche program show, i.e. FilmFellas
    I don't think in a niche market you can have the same formula as you have in consumer advertising. First off, we sell more expensive products then the consumer market and we are only looking for a couple of sales. Our markets are tiny but well defined with almost everyone being a viable customer. One or two sales is a profit maker on the cost of a webisode. But personally I’m not that really interested in the profit in it. It’s a brand builder and it also sets your business aside from the rest with having a honest dialogue with your constituents and some of that gets put in the marketing budget and some in the advertising budget. It’s not all about sales. Plus a show is much different than an ad impression. It brings your customers into an experience, educates them and brings them back regularly again and again. Ads don’t do that. Nothing does that. The other thing you have to realize is with people coming to watch a series you can have other videos for them to watch, product, demo & instructional videos. The series is what brings them in and then they look at others. Those are the impressions that really make the sales. If you populate the videos on facebook, Vimeo, Exposureroom, YouTube (we are getting between 500 – 600K views a year). The total cost of production is $X and how much will 600K views produce in sales a year, that’s a good question, it’s too new to tell. But that’s a lot of niche eyeballs we didn’t have last year looking around at our stuff. To me it’s worth it because the cost of production is so cheap for us, we have everything. But today I was talking about expanding our business to have a production division as we used to and we figured we could deliver “WineFellas” for about 5-7K per webisode. So a business would have to pay 14K a month for a bi monthly web series. I think aggressive companies will jump at this?

    Now the consumer entertainment show is different, comparatively it’s low in cost compared to advertising that it’s almost a no-brainer for a company to do. Let’s say you give them 26 yearly webisodes for $1M, that’s a pimple on to their ad budget. And can bring 200K plus viewers per show (to a great show) with the proper web marketing campaign. We are talking about a major retailer. We’ll see, I’m sticking my neck out there and doing a spec one as we speak. The key to the success to a consumer show is putting the right messages around the video to attract these viewers to buy. You have to be clever and have contests, loss leaders, free stuff, social networking component. Our show, R&J, which is a Tween marketed show will have a community service campaign that pays rewards (but gives great publicity and gets the parents involved), social networking for the actors and viewers, and many other ways to get the viewers involved. Again you have to create a dialogue with your customer that they don’t currently have right now. This is a serious change and may be hard for some corporate types to grasp. That’s the fun part.

    At one point you just have to blaze the trail, that's why we call it The Wild West.
    Steve
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  • Robert-Jon Eckhardt 6 months ago
    With all respect... I'm shocked by all the young guys' cynicism. Saying that it won't happen and can't be done. Ok some people will think you're crazy at first, but who cares? This is the internet generation, anything can happen!

    And second, in the beginning of the episode someone mentioned the impossibility of monetizing your content. Have you guys even heard of The guild? Fully funded by Microsoft and available online and in HD over Xbox Live.

    I guess what happens in the wild west is that the cynics sleep in the stables while Steve is taking home the sherrifs daughter!
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  • Matthew Hibbs plus 6 months ago
    This is such a great series. I have watched every episode and have learned so much.

    I am just starting out in the business and have been trying to figure out away to do practice and grow in my art while still making money. This series has giving me great insight on the state of the industry and the different ways that there are to make money and produced great films.

    I thank you for putting this series on and I am excited to see what insight the next episode will bring.
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  • filmtriks plus 6 months ago
    Very enjoyable and informative. I think the dynamics of the group helps propel/drive the show in the right direction. It forces the viewer to think.
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  • Brian Stansfield plus 6 months ago
    Steve,

    I think your brand marketing combined with the best digicine gear on the market will certainly gain you more sales and acclaim. Zacuto without a doubt has the best gear and you have the best marketing approach, in my personal opinion. I have no doubt that there is a future in online media convergence and sales marketing… You’re ahead of the curve, and every time I get one of the Zacuto emails I think, do these guys ever sleep?

    That being said, as per this episode, in the beginning you mentioned filmmakers having day jobs bothering you… Well, I am actually one of those "filmmakers", who has a day job. I think from where you're sitting with years of experience and confidence from having already made the big time, you have credibility and are business savvy. Whereas, I think most filmmakers, like the majority of your client base, are literally on their own… No business partners, gaffers, grips, sound etc. With all these innovations and improvements in digital cinema, filmmakers have this one man army is kind of mentality, where one person is writing/shooting/editing/producing/distributing (I am one). I think you’re right with the business partner, but it’s awfully hard to find a business partner willing to risk going in on an internet marketing campaign with a 25 year old guy from DC, when there are more tried and true way of making money, that are still making money. Don’t get me wrong, I’m totally on board with you, and I wish we were there already… Regardless of age or location, which makes the internet biz seem great down the road and is a great outlet for distro, but the money isn’t there yet, or at least the filmmakers who could be creating content for this model can’t get financial backing to do it, because hey, we gotta eat somehow, and companies and businesses are still slow on the uptake and haven’t bought into the online content market yet…

    Your consumer base (which I’m sure you already know) for the most part are 1) just trying to make ends meet in this crazy economy be it with film as a trade or a day job (or two) 2) just trying to read up and stay ahead of this technological/hardware/software tsunami and buy gear when they can afford it (thanks visa) and continue getting stronger as a one-man-army and 3) are trying to sift out good information and content online from false or bogus content, which there is plenty.

    I think it was a good point that TV has “validators” or gatekeepers that make sifting a lot easier for the consumer. It comforts the consumer to know that there is a quality control process before posting. But, I think that’s exactly what you’re doing with film fellas… You happen to be in that industry, which obviously gives you a leg up, but I think you prove the idea works by doing it… I think with your help, filmmakers could start working with businesses to create content to sell or market their products and services. Great episode, thought a lot about it… I think your model is a very progressive idea… I’m on board. Any job openings at Zacuto? Thanks Steve

    Brian
  • Brian,
    I think maybe I didn't say how I felt very well. When I said I don't like filmmakers having a day job. What I meant to say is that I want filmmakers to try to make there day job in the film/video business. Doing weddings, corporate work, gaffing, being part of a production company, etc. This way you get experience and become a better filmmaker so when you get the opportunity to make a feature, short or webisodic show, you have more experience. I see so many filmmakers only wanting to create shorts and films and not pay their dues doing corporate work. For 20 years Jens and I did corporate work, some really fun and creative work, never really having the opportunity to do our own creations. Finally, with FilmFellas, I get the opportunity to do what I want and with our other show "R&J" in development, even more so. It’s been a long road but I'm elated to be able to have this opportunity to just create my own vision. I see what you guys see.

    Also, If you or anyone ever needs or wants to talk about your projects, advice, I’m here and happy to offer what I know.

    As far as jobs at Zacuto, right now we are good, but our situation changes every 3 months, so keep in touch if you are interested.

    Steve
  • Brian Stansfield plus 6 months ago
    Steve,

    Thanks for the reply and thanks for checking out my videos... great comments, and coming from you it really means a lot!

    I am actually one of the lucky guys who has a day job as a lone wolf video producer/shooter/editor as my corporate day job (US Army clients etc), as well as freelance gigs on the side, and if there’s any time left over I’ll try to do something creative... I’d love to be able to push my creative work ahead of the corp/freelance, and theoretically, if your business model gets picked up and pans out, could potentially do so… I think that's where your model of internet being the vehicle for distribution allows for people like me to be able to make a film and get it out there in front of a worldwide audience (and potentially get paid for it) regardless of budget restraints etc. On top of that, the knowledge-base on sites like vimeo and exposure room are incredible… The feedback is invaluable and the exchange of information for free is phenomenal. Worldwide internet visibility with feedback is really raising the bar for filmmakers because it's such a vast industry with so much to learn and the breadth of knowledge shared through these channels allows filmmakers to progress and get better at their craft much more quickly than in the past.

    As per, Film Fellas, I think that this type of branding for Zacuto is great… You’re dealing with an ever-changing industry and you’re addressing current issues as well as the potential of the future and its impact on the industry. Also, you’re putting a literal face to Zacuto, as well as bringing in your client base to be part of the Zacuto family (ie Philip Bloom & other filmmakers) is really a great brand. It’s very cool to see and hear what other professionals are thinking about in an open discussion like Film Fellas… The internet is great for information in terms of forums, but everything must be taken with a grain (bucket) of salt… and Forums/blogs etc don’t put a face/voice to the information, which is much more personal and much more persuasive. This is where ideas like Film Fellas need to be adopted by other businesses, to put a face to their trade and speak less about marketing and advertising and more about their industry and the future of the industry, and by doing so, indirectly advertising. I know as a consumer, the reason I went with Zacuto gear over all the other countless brands was because of the branding and the personal customer service I was provided. Not to mention the great reviews on the bloom blog (if he’s not on the payroll he should be!) So when you’re talking about this whole idea of internet marketing and the business model of having internet “hits” turn into profit, I think it goes without saying that this can be applied to any industry, but this model combined with kind of face to face branding & customer service you provide is just a no brainer win-win for the business owner and the consumer.

    I’m glad you’re finally able to make Film Fellas as your creative project. It’s a well deserved show and I think it’s really informative and a great idea. So, Kudos to you for your innovative marketing and info sharing techniques through film as well as the great branding. What’s the next film fellas espisode on? And how do you get on Film Fellas?! Thanks again, Steve!

    Brian
  • Wow, that's a lot of nice shit in there Brian, don't even know how to say thank you for that.
    Give me a call next week unless you are coming to CineGear today and tomorrow and we can talk about FilmFellas, love to have you on the show.
    Steve

    P.S. find some passion point and create a show for them. Harley guys, stamp collectors, golfers. Find a website and see if they would like to have that dialogue centered around their business.
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  • Masoud Varjavandi plus 6 months ago
    Is the idea of VOD not viable? i.e. viewer pays model
  • Yes, it's viable if you have celeb status, in general people don't want to pay for content on the web.
    Steve
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  • Alain Pilon plus 6 months ago
    The video was interesting but the comments here are even better! Steve, you need to move these conversions into blog post!

    There is one thing people dont seem to think about when talking about web content: once posted, it is always there! It is not like TV shows that once they are show, they are done and you cant make more money out of them without using another medium (ex: DVD).

    Web content is always there and working for you! A day, a week or a year from now, if the content is right, people will still come to see your content. Actually, as time pass, more and more people are going to see it because of the google juice!

    Regarding Steve's comment about websites paying for video content to bring visitors, this is so true/the future! On my blogs, people spend on average 1 minutes to read an article. But if there is a video, the average jumps to about 75% of the video duration (no matter the duration!). This means that:

    1) videos have a much better visitor retention rate
    2) people like the video format so ingest content

    Knowing this, the goal of content producers is to find ways to keep content quality high and costs low. This is where cameras like the 5D comes in and revolutionize the cost structure of video production. Personally, I have been fumbling around for a while trying to see how to monetize videos but as time passes and I read more comments like the ones above, it is clear to me that I should just get out and shoot!

    Now lets try to figure out which Gorilla rig to order :-S
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  • Alain,
    I couldn't agree with you more.
    Let's get out there and start selling and shooting.
    Again, find some passion point and create a show for them. Harley guys, stamp collectors, golfers. Find a website and see if they would like to have that dialogue centered around their business. Their nuts if they don't. I'm going to have a WineFellas soon and I'm thinking the going rate should be $5-$7,000 per webisode. That's about a $100 -150K for an annual commmitment for two webisodes a month. $150K a year doesn't get you much in advertising, but it's a lot of dialogue here on the internet. And this money should come from part advertising part marketing budgets.
    Steve
    P.S. anyone needs help with this feel free to call or write me.
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  • rob bagot 6 months ago
    Really enjoy this series. How do you put it together? What sort of lighting? How many camera people? What sort of gear? Would love to see the making of.

    Rob
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  • Alvaro de la Herrán plus 5 months ago
    Hello Steve.

    I'm trying to work with brands, agencies and editorials, here in Spain but our handicap is always the same: "How can I turn the content into profits?" I think, first, is necessary to understand that branding and marketing are different things, and for now the web content is usually understood as a branding tool.

    I want to share with you this, please let me know your comments. vimeo.com/4781458

    Thank you.
    Best.
  • Edward Seaton 5 months ago
    LOVE YOUR VIDEO!

    Holy Crap it was good, and from what I can tell you piggy-backed a photo shoot to save money. Smart!

    How did the magazine respond? Did they love it and want more or do they think it was just a neat trick?

    I think it was awesome and just loved how your worked all the fashion into a memorizing little narrative.

    Edward
  • Alvaro de la Herrán plus 5 months ago
    Thank you Edward!

    I think they love it, but they don't know how to finance this kind of work. I think they must to upgrade their commercial department, because this work is very interesting to audience and brands.
    How turn the content into profits? That's the question they have to answer themselves. Of course we can help them if they want to listen externals opinions. For now everything that means no traditional advert on -line is growing slooooowly...
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  • Lucy Jones 5 months ago
    Haya Steve, another great show! At the start of this month i gave up the day job so i could dedicate myself to learning more, filming and trying to get my head around ''the business'' side of creating. I was so sick of working futile hours that could be used in a more constructive and creative way.
    Your ideas of having good video content on corporate sites to help advertise their product is so innovative and releaving to me as it opens up such a scope for all video makers. With all the corporate sites on the net there is more than enough room for everyone to make some sort of cash from it.
    All of these shows have given me such confidence as you discuss many of the things i think about on a daily bases thanks again for letting me ease drop! :)
    lucy
  • Lucy,
    I didn't mean that people should not have day jobs. I think that came out wrong. What I meant to say is that I would like it if their day jobs were in the film/video spectrum, like shooting weddings, corporate videos, webisodic programming, being a production company.

    The thinking is that even know it's not exactly what you want to be shooting, you are improving you skills as a filmmaker everytime you go out and shoot. Then when you make you indie film or video, you will be a better shooter, director, editor.
    Steve
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  • misterserialkiller plus 2 months ago
    Hi Steve,

    Thanks for posting this. This is extremely inspirational and informative. I'm getting a ton of ideas! Once again thank you! I look forward to future episodes!

    Steven
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