[This is a message from our acting CEO Neil Perry about our first round of big assignments that have recently wrapped up. Please feel free to comment below!]
At last, we’re able to announce the finalists from our Beta contests on XLNTads. It’s been quite a journey. Congratulations to the five selected creators for ZorbEEZ, the five for Nestle’s 100 Grand Bar, and for the three selected creators from the Unilever Slim-Fast assignment.
The outstanding creative that was submitted during these Beta campaigns has helped us secure assignments with Bud Light, Net 10, New Line Cinema and ProQuo – and many more are in the final stages of contract negotiations. Thank you all for your great work.
It was not easy getting here, and we’ve learned a lot from those Beta programs. For example, we are still waiting for our brands to make a final decision on using creative for advertising purposes. This is frustrating to all of us, for you and for all of us here at XLNTads. We are not even sure when the brands will make their final decision.
But we’ve learned from these challenges. They have truly helped us refine how our assignments play out, both for you our creators and for our clients. In all future programs, there will be a guarantee on the number of creative units that will be selected. We’ve already implemented this: Bud Light has a minimum of three, New Line Cinema and ProQuo have guaranteed to select ten pieces each.
We are insisting that all decisions on selecting creative be made in a timely fashion, less than 30 days from the end of the program. These requirements are being built into the contract we have with all our brands moving forward.
In the coming assignments, we will offer a larger number of ‘seed’ budgets – money paid directly to our top performing creators to get assignments rolling. We will require brands to put up at least $2500 in video budget money spread between select creators upon the launch of a new assignment in addition to the money for selected ads.
Last but not least, we are also testing out a unique added feature to many of our assignments. We will be offering bonus money to selected creators to post and promote their videos on YouTube and other video sites, with the highest views getting paid. We currently have this component included in the ProQuo and the New Line Cinema Harold and Kumar movie assignment.
The message is clear. You folks are producing some wonderful, compelling video creative, and XLNTads is doing all it can to insure that you have the greatest opportunity to earn cash and prizes by participating in our brand-sponsored programs. Please leave any feedback, suggestions or ideas in a comment below, or feel free to email me or one of our Community Managers with your thoughts.
Thanks!
Tags: xlntads, updates, news