In October 2020, a new YouTube partner network, Vidgum, will enter the market, which offers revolutionary conditions for YouTube creators – the 100/0 system for all partners without exceptions. Vidgum will be the first MCN in the world to abandon the traditional commission rates. In other words, a creator no longer needs to pay for the basic services provided by the partner network.
What does Vidgum offer?
Advanced money management. The Vidgum partner network has implemented a convenient money management system. The company offers free access to more than 10 payment methods. Creators can receive their income in a way that is convenient specifically for them: to a bank card, PayPall, ePaymants, Payoneer, Wire Transfer, Bitcoin, QIWI Wallet, etc.
Express Payments. Among the free services that Vidgum offers to its partners is access to Express payments from Vidgum’s own funds. This is an innovative product that allows a creator to withdraw the amount calculated based on YouTube Analytics data at any time, without waiting for the official transfer from Google.
Content protection. When becoming a part of the Vidgum partner network, an influencer does not pay for technical support, legal assistance in resolving copyright disputes, and other basic services. Vidgum gives you an opportunity to protect your videos on the platform and earn money from copies of your content using the Content ID tool.
IT-system for the channel growth. Vidgum offers its creators free access to their personal account, which has a set of tools for financial management and creativity. The company is constantly expanding its ecosystem of services and products for the development of YouTube channels and their additional monetization. The partners choose the services they need on the “pay as you go” basis.
The company focuses on developing its own IT products that are necessary for creators’ business development. “Many people are used to thinking of blogging as entertainment,” comments Vidgum, “but we see that the YouTube market is changing, more serious players are coming here, those who see YouTube as a tool for doing business. These players need solutions, they want to invest not in MCN, but in their own business, they want to use the products that will solve their problems, increase their capitalization and profitability.”
Vidgum is the first partner network in the world that offers 100 by 0 revenue sharing conditions for all its creators, that means, there is no segregation. As a rule, agencies offer special conditions to popular influencers with a large audience. Such creators work with partner networks without any commission at all or almost so. But we are talking about a handful of creators. Vidgum, on the other hand, offers these conditions to all partners.
Vidgum plans to earn money on additional services that will be related, among other things, to the development of IT solutions and products that allow influencers to build their business more effectively and run a YouTube channel. The company has chosen the “pay as you go” strategy. The creator always has free services at their disposal – all the basic functions – but there are also additional options that can be used if necessary, for an additional fee.