With the popularity of video ads reaching its peak, it has become essential for all the companies and brands to opt for videos like animation, explainer videos, etc. to improve their overall conversion rates. Apart from companies and big brands, even small businesses are also including videos in their marketing strategy.
Videos are considered to be a highly efficient form of promoting products and services. Because of this, the demands of creating videos, and editing has also become popular in the market. With the increasing usage of social media platforms, videos are the best possible way you can keep your audience engaged.
According to a report, it shows that about 83 percent of the businesspersons are using videos for marketing their products and services. Another study suggests that people spend about 2.6 times on websites that have videos when compared to those that don’t have. It is expected that by the year 2022, this industry will grow to about 28 percent or even more.
Why must you opt for videos to promote your brand?
According to a marketing survey, about 53 percent of people like to buy products or opt for their services after seeing promotional videos on various social media platforms. This report also says that about 66 percent of millennials love to watch videos on social media and then buy products if they find that the videos are engaging and are making sense.
Image Source – smartinsights
When it comes to individual marketing sections, the companies selling household goods are making the best use of videos that are being posted on various social media platforms. It is proven as per a report that states that these companies are making an ROI more than 159 percent per year by posting these videos on the required platforms.
When healthcare and beauty products are taken into consideration, it is proven that these industries had made over 99 percent profit in a given year when they used these video marketing techniques.
If you are running a business, by going through these facts and figures, you can understand the demand for a video that the market has in today’s world. This will give you a brief idea as to why you must opt for the video marketing strategies and include them in your company’s marketing agenda in the upcoming year.
Reasons why you must use the video marketing methods
With over 63 percent of companies across the world already opting for video marketing services, you can also use these tactics to establish your company as a brand. However, you will have to keep certain things in mind while opting for such methods to promote your brands, products, and services in the market. You can make use of the various online tools available to create a high-quality animated explainer video.
Along with this, here are some of the best reasons why you must use video marketing methods and channelize your brand:
Videos improve your conversion rates and sales to about 80 percent:
When it comes to videos, making a useful video can fetch you some great improvements in your ROI. Adding a video that best describes your product and services on your web landing page can improve your rates of conversion to a significant extent.
Regardless of the niche, your website is dealing with; if you can make an efficient video, you can increase your sales to a great extent within no time.
Studies prove that about 74 percent of the users love to buy products from your website if they find the video that you have posted is beneficial for them. So, start crafting amazing product videos on your website now!
Videos improve your ROI:
As discussed above, videos can increase your website’s conversion rate and sales to a great extent; it, in turn, helps you in improving the ROI of the company. It can offer you good returns without making a high investment.
Image Source – .smartinsights.com
Although producing videos might not be an easy task, it can offer you good returns only when you come up with unique content and a fantastic plot.
Make sure that you don’t come up with a vague plotline or create a low-quality video that might not convince your audience. So, collaborate with the best companies who can make an efficient video for you.
Videos can help you build trust:
Trust is the main element that can help you in converting your audience into loyal customers. Building trust is not an easy task at all.
You should have goals and objectives in place when you are coming up with a marketing concept. To build trust and create a cordial relationship with your audience, you will have to think from their perspectives and create a video that best suits their expectations.
You will have to provide your audience with exciting and useful information that they can rely upon. Videos are the best medium for you to share beneficial information with your audience and make it worthwhile.
You can also ignite the required emotions with your audience. Make use of platforms like YouTube to learn new things and understand how to create a useful video. Also, you can promote your video on these platforms and across social media too.
Useful reading- why are videos so important in your marketing strategy.
Video appeals to all the users who use Smartphones:
As the world is now shifting its focus towards Smartphones, you can use it for your benefit and make a good amount of money every year.
About 90 percent of the people who love to buy products online use Smartphones. They decide to purchase products once they get to know about its specifications by seeing the videos.
As per experts, the usage of mobile videos has increased to about 233 percent when compared to a decade ago. YouTube reports state that the consumption of videos has risen to about 100 percent and will keep growing in the future years. As people love watching videos on mobile, you can create a mobile-friendly video and post it online.
Videos explain everything that’s required:
If you are still following the traditional method of marketing using texts, then you are missing out on providing the necessary information to your audience.
About 98 percent of users are watching explainer videos to understand the company’s business.
You can come up with animated videos and post them on your landing page. People can go through these videos and get an overall idea of what your company deals with.
These videos are the best combination of entertainment, simplicity, and information. As these videos tend to explain everything about your company, you need not have to rely on texts or any other medium to promote your products and services.
Video is much more engaging for the buyers:
When it comes to buyers, they don’t have much time to go through the description of the products by reading it.
If you are showing them a video that has it all, then you can quickly go through the specifications and features of the product, and decide faster if they want to buy or not.
Videos are the best way to communicate with your buyers efficiently and engagingly. You can drive forces into your content marketing by using videos.
Useful reading- 5 effective and timeless marketing tactics for local business.
Conclusion
Consumers prefer to watch videos and decide if they want to choose your brand or not. If you’re going to make your conversion rates better, you need to make a compelling video.
Whether you are dealing with B2B or B2C business, videos play a crucial role in deciding the fate of your company in today’s world.
So, try to make a high-quality video with useful content that can help you to dominate the market quickly.
