Press Release Summary: FilmFitti enters the online video arena with a new and exciting offering that will drive money into users bank accounts.
Press Release Body: Des Moines, Iowa (November 8th, 2007) - The fast growing world of online video sites like YouTube and AOL Videos just got a little more crowded this week with the launch of FilmFitti.com.
"We have built a technology that allows users to profit from their videos. On some of the larger online videos sites, users are posting videos, receiving millions of views and not earning anything for their hard work," said James Eliason President and Founder of FilmFitti. "We wanted to build an advertiser supported model for our content site that will benefit both sides of this new online video craze."
For content providers, this means placing your content on FilmFitti for free and sharing 20% of the advertising price paid by local and national advertisers with FilmFitti. Advertisers pay a flat price for banner and video ad placement next to the content for a guaranteed number of ad impressions. Advertisers also receive 10% of the next sale price on the spot they had previously held.
This will allow any advertiser to search for a particular video by keyword, city, state and or zip-code to sponsor it based on the relevant content in the video. For example, a video of a particular college campus posted on FilmFitti could end up being sponsored by the college, the bookstore a local business or a student at the school selling an item on EBay.
"Our local search function for advertisers is going to drive a lot of interest in our product. Some new technologies announced by some larger advertising players in the market have forgotten about the small and medium sized businesses that want to advertise online effectively," said Eliason. "We are constantly working to change the scope of FilmFitti, we believe we have started the model off on the right foot, my hope is that both advertisers and content providers will join us in transforming the online video world."
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