What is video marketing?
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- October 10th, 2013
By Mindi Long
What is video marketing?
The definition of video marketing is not complex. In fact, it’s rather simple: using video to promote or market your brand, product or service. A strong marketing campaign incorporates video into the mix. Customer testimonials, videos from live events, how-to videos, explainer videos, corporate training videos, viral (entertainment) videos — the list goes on.
The benefits of video marketing
Video is a gold mine for SEO. It can increase your search engine ranking, click-through rates, open rates and conversions. But you have to reach your target audience. YouTube is the second largest search engine (second to Google). What’s better: YouTube is owned by Google. So that means a properly tagged video can work wonders for your SEO.
Video will boost conversion rates. A recent study found that 57 percent of online consumers were more likely to buy a product they were considering purchasing after watching a video demonstration of that product. See a sample product explainer video below.
Video is easily accessible. There are endless platforms for video marketing. YouTube, broadcast television, video boards and street marketing, you name it. The possibilities are endless. With a smartphone, consumers can access online video anytime, anywhere. The same is not true with traditional, paper marketing. With video, you can reach your audience wherever they are in a cost-effective way.
Video is effective. Studies show that retention rates for information that is both seen and heard is as high as 80 percent. Those numbers drop to 20 percent for information that is seen and just 10 percent for information that is heard. Combining visual and audio is powerful.
Video is emotional. Video allows you to make a direct appeal to the emotional center of a person’s brain through music. With video, you are also able to attach a face to a concept. The human connection through video is more influential than reading facts in text. See an example of an emotionally appealing video below.
How to develop video marketing
Developing a video marketing campaign is most often accomplished by conducting market research, competitive analysis and gathering target market insights. Once you have this information and can shape your strategy, you can determine the message.
What do you want your audience to hear, see and feel? What message are you trying to convey? What is the call to action?
After creating a strategy and developing your message, you should select a production company to make your vision come to life. Sure, anyone can whip out a Flipcam and make a short video, but quality is key. A well-made video is the cream of the crop, and will rise to the top of the massive amounts of video available online today.
Frozen Fire can help you develop your brand and content strategy as well as produce top-notch videos for your company.
Frozen Fire is a digital business development and communication strategy firm that exists so that businesses have the tools necessary to know exactly who their customers are and what their customers are looking for; we help companies connect with their customers via digital marketing strategies; and we help them to drive their sales, business development and marketing efforts, so as to gain the maximum return on their investments in terms of marketing dollars, efforts, and human resources. Contact us to learn how we can help your business know, connect, drive.