Kitschy parody

So yesterday in class we talked a little bit about parody... This quote kind of stuck with me the most:
"Parody finds itself without vocation."

I was a little confused because I slightly disagree with this. However, it is true that today, especially in the contemporary culture of late capitalism, parody can find itself without a vocation/purpose/job...
In my opinion, this is true when parody is used only to "make fun" of an artist or a music video. When parody becomes a kind of kitsch, it looses its vocation and it made with the purpose of getting viewers and in the end, making money. An example of this can be a parody of Justin Bieber's recent music video of the song "What Do You Mean?" The parody is a little funny only because it is made with the purpose of making fun of Bieber (which I always enjoy). However, the jokes are a little ridiculous, the lyrics don't really make much sense and they don't really reflect what the artist's lyrics actually say... I feel like it lost its essence by trying to bee a little too funny and it became a pain to my eyes at one point.
An example of a good parody piece with a real purpose is the one making fun of Taylor Swift's music video "Bad Blood". Not only the lyrics are hilarious, but the video in general is also really funny and very related to the original video and song. Furthermore, it exposes some aspects of the video that we could say are "wrong" or a bad influence for viewers like promoting the use of guns.

Here's the link for the Justin Bieber parody:
https://www.youtube.com/watch?v=9T-rJGwnwU4

Here's the link for the Taylor Swift parody:
https://www.youtube.com/watch?v=NEkJOb3V5U8&spfreload=10

I guess what I'm trying to say is that like any other music video or song, a parody must have some kind of essence, meaning, purpose behind it. It can either expose something from the video, or point out something the artist is promoting... If the parody is corny, and kitschy, and only made with the purpose of attracting viewers and potentially making money, then it lost its vocation and it can even be a loss of your time...