Thursday, 10 July 2014

Vine's New Loop Count





Vine is a short-form video sharing service. Founded in June 2012, it was acquired by micro-blogging  website Twitter in October 2012, just prior to its official launch. Vine officially launched on January 24, 2013, as a free app for iOS devices. On June 2, 2013, an Android version was released.

Advertisers quickly caught on. Vine celebrities cashed in on opportunities to share sponsored videos or started to make comedy Vines for corporate accounts. But Vine only tracked likes and comments both required to log in to the app to do. Then, on Tuesday, Vine introduced “loop counts.” Loop counts track how many times a user has watched the video — taking into account, smartly, the many times a user might sit and watch it in a row. Now advertisers can check their statistics in a much more accurate manner. It gives advertisers a sense of its reach to users.

"6 seconds is the new advertising."

Just seeing the video can make an impression that helps the brand, said Nicholas Megalis, who has made sponsored Vines for companies and has a whopping 4.3 million followers on Vine.

Tracking loops will show advertisers as well as the public that a Vine’s virality has value. That move could help cement Vine as a place brands come to reach young audiences with measurable results — which is always music to advertisers’ ears.

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