Eefoof Takes on YouTube

This is the message posted by a new YouTube competitor that may have come across a marketing strategy that will allow it to rise to the top. The video-sharing sites offers to share a percentage of the profits generated by the content posted with the authors.

"The authors of Internet content should be paid for their work and not have it exploited for others' gain," said a note posted Monday at Eefoof.com. "We will send you a percentage of our site revenue via an electronic transfer each month, depending on how well your content has performed."

The Web site is a test on a market that is becoming increasingly saturated with competitors providing users with similar solutions, no less than 150 such companies hosting homemade movies on their pages. The problem all these sites come across is that they have to market the homemade movies in a manner that will attract advertising and therefore income. YouTube, for example, has not yet disclosed the total amount of its revenue, while another competitor Guba is estimating $12 million in sales this year.

Eefoof promises its videographers a monthly percentage out of the advertising income brought by the overall traffic generated by the video submissions. "Once your account exceeds $25, we will send you a PayPal transfer," the company wrote on its site.