Did you know that videos account for 50% of all online traffic as of January 2012? Did you also know that 85% of Americans watch 1.3 billion videos a day? These statistics may seem surprising at first, but in reality, they make perfect sense. With websites like YouTube, Vimeo, Hulu, and Netflix, it has become increasingly easy for users to access high-quality video content either for free or at the cost of a fast food lunch at Arby’s.
How many times have you researched a product online to only find that there are no video demonstrations or tutorials to aid you in your final decision? According to GoMo News, users who are exposed to videos are 437% more likely to engage with your brand. This number is significant and speaks to the importance of video content. I know that as a consumer, I am more likely to make an online purchase if I see a video that shares more detail and offers me a solution to my problem.
As a user of these aforementioned online video services, it does not surprise me that video usage is skyrocketing. After all, people are visual creatures. We are more influenced by brands that engage us with color, texture, sound, and stunning theatrics that speak to our needs. Likewise, we are often charmed by companies that can offer us a solution by showing us a story with real characters and real problems.
This does not mean, however, that a video must be produced to fit Hollywood’s standards or be on par with an Oscar-worthy plot line. A simple 1- to 2-minute video usually tells a better story than three paragraphs of incredibly descriptive sentences that would make even Virginia Woolf cringe.
Not sure where to start or what your first online video should be about? Here’s a couple of questions to get you started:
Who are you?
What do you believe in?
What is your culture like?
If you remember from a previous article, it was once said that your culture is your brand. If this still doesn’t click or ignite a quick response from you or a co-worker, then now is the perfect opportunity to rethink your marketing strategy for the new year. You should really think long and hard about this before jumping onto the video bandwagon.