In 2005, three men started a video-sharing website. In 2006 Google bought it from them. Eleven years later, YouTube has more than 300 hours of video uploaded every minute. And if that isn’t staggering enough consider these additional statistics:
As a frontrunner in an ever-evolving digital community, video changes the way companies are engaging with target audiences. From formal studio productions and ‘garage band’ tapings, drone videography, 3D animation, and 6-second bumper ads, businesses are leveraging the power of video as a critical component in marketing strategies. With Cisco predicting that video will account for 80% of web traffic by 2019, there are multiple reasons why your business needs video now.
Company Connection – Video makes a business human. Through words spoken, tone of voice, and visual expression, potential customers get to know business owners and employees. This perceived development of a relationship creates a connection that builds trust and confidence in the company.
Efficient and Effective – Consumers are busier than ever before. Short on time, living in a fast-paced, multi-tasking world, video can respond to a question more quickly than a written explanation. When time is a crunch or attention-span is limited, a 3-minute video can sell a product more thoroughly than a 4-page written document.
Product Demonstration – Video is a user-friendly way to sell a product. It can visually compare features against a competition, showcase benefits, clear up ambiguous assembly instructions, and demonstrate usage. Video can be paused and replayed as needed, making it a quick resource available with a simple click of the mouse.
Testimonials– A powerful way for people to see and hear firsthand from other clients or customers how great the product or service was for them. While a five-star rating on Google and Facebook is great, video shows the users face, projects their emotions through tone, and generates feelings that what is being said is truthful.
Search Engine Optimization – As a form of rich media, video can increase the quality of SEO and ranking. In addition to hosting video on the company website, the same media can be hosted on other platforms including YouTube and Wistia. Video can be recycled for use in backlinks, blogs, and articles, all the while increasing consumer engagement and length of time spent on your site.
Sales Conversion – Seeing is believing and that is a key function of video. Online and offline, the product market is saturated with choices. Video supports functionality, features and benefits, and quality. A visual sales pitch, 64% of consumers are more likely to purchase a product after watching a related video first.
Social Shares – Word-of-mouth is one of the greatest tools for lead generation. A well-informed or entertaining, engaging and relatable video is likely to garner more social shares than a simple written article. As one qualified target audience shares content, the opportunity for increased awareness is significantly and positively impacted.
Video has broad-reach capability to get in front of potential customers without investing extra time or manpower. It can make the smallest company seem large, a large corporation seem approachable, a simplistic product unique, and a complicated product easy to understand.
Guest Blog provided by: Larry Goldstick. Larry is the principal owner of Capture Digital Marketing. Capture Digital Marketing is a full service digital marketing agency based in Jupiter, Florida. For more information contact Larry at 561-630-3699 or firstname.lastname@example.org