YouTube is taking a step to explore new area of Market
All of us know YouTube as a website on which you can watch videos, but know YouTube is providing you a service of cable networks on which you can watch live streaming of almost 40 different channels along with that YouTube Provides at this network you will have a complete access content available on YouTube app. With these additional features YouTube is economical in comparison of other local networks. There is huge possibility of YouTube to become a market leader because it is exceptional in both quality and price.
But this battle will not be very easy because YouTube have to compete with many other existing players, who have sustained a huge share in the market for the years. Still there are many people who are opting towards YouTube due to its Goodwill and brand name in other aspects of work. YouTube brand name will act as Point of parity in this case.
Though it is new in the market of Streaming Videos but a very active and recognized player in the form of viewership, there are billions of users of YouTube. A video on YouTube become viral around the globe with in a day. That will definitely help YouTube in this new segment and it will be very easy for YouTube to gain the trust of the customers in comparison of any other player because more than fifty percent work was done by its previous app.