Video Marketing Statistic to Take Note of this 2020

by

 

Over the years, video marketing has grown exponentially. While video content is not new, the internet is constantly finding fresh and creative ways to create and enjoy videos. The massive popularity TikTok is now enjoying is solid proof.

Video has proven that videos can be both entertaining and beneficial to users and brands alike. Compared to other types of content, videos generate more engagement and attention from users. Videos also have a higher chance of going viral.

Just like SEO, video marketing is also dynamic and constantly evolving. That being said, brands need to be aware of the rising video trends so they can make needed tweaks to their video content and strategy.

Top Video Marketing Stats for 2020

The following interesting and relevant video marketing can be very useful when brainstorming video strategies for the year. These statistics will also help you take note of key details to pay attention to. Start tweaking your video marketing strategy and creating data-driven decisions by keeping in mind the following:

Users on Linkedin are 20 times more likely to share video than other types of post on the platform.

Facebook and YouTube are the most used platforms 

A whopping 90% of shoppers have discovered a product or brand through YouTube

A survey done by Wyzowl revealed that at least 92% of marketers admit videos are a crucial part of their marketing strategy

At least 95% of video marketers are planning to increase their ad spend

According to marketing professionals, video is the type of content with the best return on investment

At least 57% of marketers use live video

At least 87% of marketers revealed videos have helped increase their website traffic

At least 84% of users bought a product or service after watching a brand’s video

At least 66% of teenagers in the US (between 13 to 19) watch video content daily

At least 72% of customers prefer finding about a service or product through video

Top 3 Video Marketing Examples

Undeniably creating a video marketing campaign from scratch can be challenging. Fortunately, this is something we can easily help you with! Also, when unsure where to start, you can always draw inspiration from leaders in the industry who are taking video marketing to the next level.

Taking note of what the leaders in your niche are doing can help you see the strategies that are currently working so you can see where to incorporate them in your own strategy. The following video marketing masterpieces should get your creative juices flowing:

Cheetos (Can’t Touch This)

This video shows how key branding elements play out when introducing a new product. The ad was first shown during Super Bowl was hilarious and very relatable for those who have had “Cheeto fingers.” 

This marketing video highlighted their key branding element—orange finger dust. The theme continued until the end and revealed they are releasing a new product, the Cheetos popcorn.

Apple Introducing iPhone 11

This video shows how you should highlight quality when marketing a product. After so much anticipation, iPhone 11 was introduced to the world. The video amassed 34 million views on YouTube. The top-quality video also featured all the strengths of the product and emphasized why Apple is the right choice.

Other new features were also highlighted during the release including the phone’s water-resistant coating, new dual camera, and the highest video quality in any smartphone. The emphasis on quality is what made this video viral.

Amazon’s Before Alexa

This marketing video highlights how you can incorporate diverse strategies and still create one cohesive and powerful video. The genius behind the ad used comedy to juxtapose what life was life before all the technology we are currently enjoying have been introduced.

The video also cleverly highlighted the capabilities of the product and what life was like before owning the device. Amazon also used a very popular influencer—Ellen DeGeneres to star in the ad. The ad did so well that it garnered 61 million views in just 3 short months!

Peerless Benefits of Video Marketing

Video marketing is not popular by coincidence. They are massively popular because they not only work, they also offer peerless benefits that are hard to miss. For instance:

Engagement

Videos are known to increase levels of engagement across all channels dramatically. This translates to more comments, shares, and likes for your brand. Eventually, these will all boil down to powerful brand awareness.

On Instagram, videos get more engagement than any other forms of content. Videos are also very effective in helping brands connect with their target audience and establish relationships.

Credibility

Videos increase brand credibility by helping build trust between brand and users. When your audience hears testimonials from other users or sees your product at work with their own eyes, it can help them trust your brand more and see it as credible.

ROI

Statistics clearly indicate that video marketing yields the best ROI among the different content types. If you are looking for a marketing channel that provides massive ROI, video marketing is your best bet!

Key Takeaways

Videos have now become an integral part of content production and consumption. No wonder many marketers consider video marketing as the future of digital. Ready to create that powerful video? We’re here to help! Get in touch with us and we’ll create that video that will represent your brand best and put them in front of your audience! 

Why Video is The Future of Modern Marketing

by

Thanks to the modern technology, marketers now easily find new ways to reach out to their audience. One of the prevalent options these days is through video production. This strategy is also becoming a key option for brands that want to engage their audience and improve revenue growth. 

Here are the reasons why brands use video for modern marketing:

Ease of Producing Videos

Another reason why more and more brands are using this strategy is because the process of producing videos is no longer complex. Gone are the days when video production is only done by big players in the game. Now, anyone can do produce a sales or explainer video. 

This is because the costs and skills needed for creating videos have gone down. It makes video an even more profitable and highly efficient way to share your brand’s story. In addition, the power of visuals allows you to creatively engage an audience. An effective narrative can draw the audience in and help build relationships with your consumers.

Usability in Different Platforms

Moreover, videos give brands the flexibility to reach an audience through different platforms. They can use it in many different ways whether in a traditional or modern marketing way. Video can be used on presentation, can be shared on social media, and can be posted on websites to serve tons of different purposes.

Consumer Access to Videos

The modern technology also makes it easier for consumer to access affordable (sometimes even free) high-speed WiFi. It eliminates the annoying constant buffering and slow upload and download speeds in the past. Even establishments such as restaurants and salons now offer Free WiFi to attract consumers. 

Online Users Prefer Watching Videos

According to a study, almost 50% of Internet users seek out videos that are relevant to a product they are interested in before purchasing it at a store. Moreover, the same study has shown that 90% of consumers said that product videos help them in their purchasing decisions. 

Although written content is still effective in describing a product or the process of product usage, videos help you to visually demonstrate it. As a result, both the audio and visual components of video help the consumers in their decision-making process.

Scalability in Social Media

This is one of the most common ways audience access video content. Most brands with social media accounts share, videos make it easier to engage an audience. Social media platforms make it easy for users to watch and share them. 

Brands can also use the video for paid ads or promotional strategies on social media platforms such as YouTube, Vimeo, Instagram or Facebook. This will allow you to broaden your reach and maximise your marketing efforts. 

These are just some of the reasons why more companies prefer video in brand promotion. If you need help with video production, one company which can help you is Reelmedia Pte. Ltd. They are known in Singapore for delivering quality video production solutions. Check out their website for details. 

Why More Businesses Are Using Video Marketing to Promote Their Brand

by

corporate video production in Singapore

Twenty eighteen was a huge year for video content. Whether you are an advertiser or a social media user, you’ve surely noticed how Facebook, Instagram, and other social media accounts have changed how they present content. Video has become a staple on everyone’s newsfeed and it has greatly improved how we consume content. 

This is why more and more businesses are starting to use video marketing to promote their brand. Companies are starting to use corporate video production and explainer videos just to keep up with these changes.   

Mobile Device Adaptation 

With the availability of mobile devices, it has now become easier for consumers to watch videos anytime they want. In fact, based on the Digital in 2018 in South East Asia report of We Are Social, mobile connectivity in Southeast Asia was at 141 percent. This percentage is expected to grow by 2019.

These numbers only show that more people are accessing and watching online videos through their mobile devices. It also presents an opportunity for businesses to engage an audience primed and ready to consume video content. As a report from HubSpot Research revealed last year, 54 percent of consumers want to see videos from brand—more than any other content format.

Here are more reasons why video shows a lot of potential to attract consumers: 

Mobile is now the first screen for video

Gone are the days when television is the first screen people turn to for video consumption. According to data released by mobile analytics service Flurry, people these days spend an average of 2 hours and 57 minutes on  their smartphones and tablets. 

This is the first time that the statistics on the time spent on mobile screens has already surpassed the time spent watching television. Moreover, children now prefer tablets than TVs, with more than 1/3 of children aged 5 to 15 having their own device. 

Improves social engagement

Video content is a good way to improve engagement on your social media accounts. According to Statista, there will be 2.95 billion social media users by the year 2020. Therefore, focusing on social media networks to promote your brand can provide a great return. You can use videos to boost your business’ online engagement and conversion rates.

Through producing helpful and relevant video content on Facebook, Instagram, or other social media accounts, you will encourage your audience to like, comment, and share your content. Engagement is very important these days, especially now that people are bombarded with content on a daily basis.

Video has the highest engagement rate

Video viewership is growing each day. On Facebook alone, there is a whopping 8 billion video views each day. In the same We Are Social report mentioned above, it has shown that out of all the content formats being posted by Facebook pages in South East Asia, video content has consistently received the highest average engagement rates. It has received 9.94% in Brunei, 9.70% in Indonesia, and 6.27% in Cambodia.

If you need help with corporate video production, one company which can help you is Reelmedia Pte. Ltd. They are known in Singapore for delivering quality video production solutions. Check out their website for details. 

Video Marketing: Common Mistakes to Avoid

by

Regardless if you are a huge company making a killing or a startup still trying to find your way around, it would be safe to assume you consider every marketing dollar you set aside to be valuable.

In other words, you want to make sure your marketing allocation is spent on something that will yield the most in terms of ROI.

Reports and statistics have indicated that in today’s highly connected world, video marketing is one of the best options marketers have at their disposal.

However, there is no guarantee your video will always perform according to your expectations.

The good thing is you can significantly increase your video’s chances of faring exceptionally by avoiding these common video production mistakes at all cost:

Budget is too small.

The fact that video production costs money is not up for debate.

And this is understandable since the video production company you will be working with are composed of highly trained professionals who will spend countless hours creating the perfect video to sell your product.

If your budget is too small, chances are you’ll get nothing more than limited animation, stock character designs, and copy and paste scripts.

Typically, compelling and high quality explainer videos require a budget of at least $2,500.

Factors that can affect cost include complexity of scenes, video style, and the experience level of the video production company, among other things.

While videos can come across as costly investments, they are worth every penny if you take into account all the amazing benefits they offer.

The time you allot for the project is not enough.

If you want your chosen video production team to come up with the best concept for your brand, you need to give them ample time to brainstorm.

Creative thinking will take time.

Give your chosen team enough time to bounce ideas around as opposed to settling on the first idea that pops up.

In addition, don’t encourage ideas from videos done by your competitors.

While it would be wise to keep track and be aware of what they are up to, it is way better to create something that will make your brand stand out.

The video’s message is not clear.

If you want to make your video powerful, memorable, and effective, you need to ensure your message is clear and straightforward.

In other words, it should not beat around the bush and should be devoid of details that are unnecessary.

Sure, it can be tempting to include as many information possible about your product in one video.

Unfortunately, this would prove counterproductive.

Not only will it overwhelm the viewer, it might also confuse them.

Do yourself and your target audience a huge favor and get rid of all the elements that are unnecessary and focus on the primary message you would like to convey.

Once you get the attention and interest of your target audience, they’d most likely look for additional information from the other marketing materials you have on your site.

Also, since your video also functions as a sales and marketing tool, make sure you include a call-to-action as the end of the presentation so you can guide your viewers accordingly in terms of the action they need to do.

As much as possible, use your video to generate more leads for you.

So rather than merely inviting your viewers to visit your site, suggest that they sign up for any freebies you are offering or check out some of the amazing discounts you are providing.

You use too many jargons in your presentation.

While you might be familiar with corporate jargons, it is very likely that most of your target audience is not.

And since the video will be made for their consumption, their needs should rank high in your priority list.

That being said, ensure your script is jargon free and presented in a way that’s easy to understand.

Contrary to popular belief, your viewers will not be impressed with your use of jargons.

It might even do the opposite and cause them to stop watching your video.

Your video’s humor is done in bad taste.

Using humor can be tricky.

Understandably, the things people will find funny differ and is based on several factors like age, political views, economic status, etc.

In line with this, you have to be extra cautious when injecting humor in your video.

After all, the last thing you would want to do would be to alienate prospective customers who stumble upon your video.

If you want to incorporate humor into your script, it would be best to test the humor elements first with the help of people who mirror the people you would like to target.

 

 

 

How to Use Videos to Delight Your Customers

by

Proficient marketers today know that keeping their current customers happy and satisfied is way more cost-effective than chasing new ones.

Besides, happy and satisfied customers often willingly become the brand’s spokesperson.

While there are numerous ways to keep your current clientele happy, integrating proven concepts in your video marketing is considered one of the most effective.

Just how huge is video’s likely impact?

The figures are quite impressive.

  • Using the word “video” in the e-mail subject line can help boost the open rate by 20 percent.
  • There is a whopping 75 percent reduction in subscription opt-outs when a video is incorporate in the introductory e-mail.
  • Click through rates increase by as much as 65 percent when an explainer video is used.

Taking the numbers into account, it’s clear that using videos help your online marketing efforts tremendously.

Here are some of the most effective ways to use videos to please and delight both your current and prospective customers:

Customer Testimonials

As of 2015, 300 million selfies have been posted.

And that’s on Instagram alone.

The numbers however are testament enough that most people love to see themselves featured in videos and photos.

You can use this knowledge to your advantage by asking customers if they would be willing to sing your brand’s praises for you on video.

Video testimonials are not only more convincing and engaging compared to text-only reviews, they can also help entice your customers to stay longer.

When your customers stay longer on your site, they are also more likely to make a purchase.

Overall, using customer testimonials as part of your video marketing efforts can help drive more traffic to your site, boost the number of potential leads, and provide more SEO value.

In addition, this technique can also help significantly deepen your relationship with your customers and gives them content they would want to share with their own networks.

At the same time, this also gives prospective customers a review they can easily digest from sources they can easily relate with.

Customer Support Videos

If you want to provide exceptional online service to your customers and ease the onboarding of the new ones, customer support videos are your best option.

For starters, you can:

  • Create onboarding videos of your product to walk through new customers who want to set up your products. It would also be wise to post your video on YouTube to help significantly expand your searchable content.
  • If you keep receiving the same questions numerous times, consider it wise to record a quick video of a member of your support team addressing commonly asked questions.
  • Creating how-to videos can make it a lot easier for customers to understand and use your products. There’s no denying that written videos can’t even offer half the convenience how-to videos can provide.

Thank You Videos

People love it when they are appreciated.

While e-mails and thank you cards can do the trick, they unfortunately lack personal touch.

A thank you video on the other hand is not only warm and personal, it is no doubt more effective than a printed note.

Another edge of using videos is it can be tailored to include the customer’s name and the product they purchased and other unique data.

A Hubspot article reported that a respondent who used a personalized video campaign saw customer engagement skyrocket to a staggering 286 percent!

Support Customers in Micro Moments

Nowadays, to say people no longer go online but they almost live online is no longer farfetched.

Fortunately, this round the clock video consumption has paved the way for what Google aptly calls micro moments.

Regardless if a customer wants to discover something, needs decision making help, or is looking for answers, they often turn online (particularly YouTube) for help.

Use this knowledge to stay useful and relevant to your customers by:

  • Identifying micro moments where the goals of your brand and that of your customers intersect.
  • Ensure you are always there when your customers need you, be it through shopping ads or paid and organic searches.
  • Make it easy for people to discover your brands even if they won’t look for it specifically. Go beyond demographic targeting by connecting with customers based on signals of intent.

Wrap Up

Videos can help delight and impress customers at every stage of their purchase in ways that are both impactful and novel.

Capture and keep the attention of your potential customers using great stories told using videos.

You can also use videos to greatly enhance your relationships with your customers and entice new prospects to try what you have to offer.

 

Video Marketing: Peerless Benefits You Can’t Afford to Miss

by

Nowadays, many consider videos to be the future of content marketing—and with good reason.

Latest video statistics show that:

  • A whopping 82 percent of Twitter users prefer watching videos
  • YouTube now has more than a billion users (that’s at least one-third of the total number of Internet users)
  • Each day, more than 500 million hours of videos are watched on YouTube
  • A staggering 45 percent of people watch more than an hour of YouTube or Facebook videos weekly
  • At least 87 percent of online marketers now use video content to promote their products and services and increase brand awareness and visibility
  • Every 60 seconds, 72 hours of video are being uploaded on YouTube
  • At least one-third of online activity is spent watching videos online
  • Videos are considered the type of content that brings in the best ROI by 51 percent of marketing professionals
  • Even if texts and images are combined, social videos still generate more than 1200 percent more shares
  • Videos placed on Facebook landing pages can increase conversions by as much as 80 percent
  • Videos can attract 2 or 3 times more monthly visitors
  • Full-page ads combined with videos can increase engagement by as much as 22 percent
  • Average Internet users spend at least 88 percent more time on sites with videos compared to those with none
  • Blogs with videos attract 3 times as many inbound links compared to those who don’t incorporate videos in their blogs
  • As of 2017, 69 percent of the global consumer Internet traffic can be attributed to videos
  • By 2019, it is predicted that videos will account for as much as 80 percent of the consumer Internet traffic

Undoubtedly, the ability of videos to engage people more effectively compared to texts and photos combined is no longer up for debate.

If you’re a business owner, incorporating videos in your marketing arsenal will not only bring voices, faces, heart, and personality to your operation, it will also effectively demonstrate your authenticity as a business and brand.

While video production can seem challenging (if not intimidating), it is reassuring to know that nowadays it’s something a seasoned video production company can easily help you with.

Still not convinced?

We’ve listed down some of the amazing benefits video marketing offers that you shouldn’t miss out on:

It can help boost sales and conversions significantly.

Videos can definitely help you make some serious money.

As stated above, adding a video of your product or service on the landing page can boost conversions by as much as 80 percent.

Videos have also been known to help boost sales significantly.

In fact, some studies show that 74 percent of those who watch explainer videos about a product eventually end up buying it.

Come to think of it, the effectiveness of video is not at all surprising if we take into account the fact that many people are visual.

If pictures can help dramatically improve engagement, you can just imagine what videos can do.

It can provides great ROI

Many brands don’t mind spending good money on video production because it pays off big time.

Fortunately, aside from the many video editing tools available online, there is no shortage of competent video production companies that can produce effective and compelling videos at a price you can afford.

One good thing about videos is that they don’t have to be perfect.

More than anything, it’s the content that matters the most.

In fact, some research show that more people are put off if the videos don’t explain the product or service well enough as opposed to it being of low quality.

It can help build brand trust.

While not everyone may be aware of it, trust is considered one of the foundations of sales and conversions.

However, building trust is no walk in the park.

The whole concept of content marketing (including video marketing) revolves around creating trust and building long-term relationships.

In other words, you make sales by providing people with interesting and beneficial information.

Videos have these essentials covered.

In addition, videos are also considered effective in soliciting the right emotions and engaging and keeping the attention of your audience, prospective or otherwise.

It appeals to mobile users.

Over the years, mobile video views have grown massively.

In 2013 alone, videos viewed on mobile have seen a staggering 233 percent growth.

YouTube also reports that video consumption using mobile increases by as much as a hundred percent annually.

And since many people like to watch videos on the go, your audience will continue to grow together with the number of smartphone users.

It can help engage even the laziest of buyers.

Apart from it being an effective tool for learning, videos are also very easy to consume.

With people nowadays becoming too distracted (and sometimes lazy) to read long and meticulous product descriptions, they are turning to videos to know more about the product or service.

When you are able to capture and keep the attention of a wider audience (including the lazy and distracted ones), then you are also able to double your competitive advantage and get ahead of the pack.

Wrap Up

Creating powerful videos that convert entails knowledge of human psychology and creativity, among other things.

The combination of those essential components makes it possible to produce videos that truly work without breaking the bank.

Creative, emotionally charged videos can also reach millions of people in a short span of time.

Truly, video marketing is here to stay and it won’t be long until it becomes an essential in every marketer’s advertising arsenal.

 

 

 

Reasons Why You Need Video Marketing for Your Business

by


The conventional types of advertising such as using newspapers, posters, and flyers, are starting to become obsolete. Online marketing like content marketing and video marketing have already taken over. Today, more and more businesses are starting to follow this new trend as it reaches more audience and is practically cheaper. Be it a small or a huge enterprise, online marketing has become an important part of any business. It helps companies interact their target audience and build awareness of the brand, products or services. Through social media sites, people can spend as many hours as they want to watch videos online and it would be a missed opportunity for your business to ignore this huge market. So if you need more convincing as to why video marketing in Singapore is important, check out some of the reasons below.

Better chances of reaching your target audeince
Did you know that a total of 72 hours of video are actively being posted on the YouTube site in one minute? So by the time you have finished reading this paragraph more and more videos are up for view consumption. As mentioned above, social media users spend millions of hours watching video content in just one day. Moreover, since people pay attention to videos, video marketing generate more leads and better conversion as compared to any other forms of marketing. These should be more than enough reasons to convince you to join in and start your own video marketing strategy.

Better search engine rank
Google owns YouTube, and together they are two of the biggest search engines of our generation. This means that with a video you will have better chances of ranking in any of these search engine sites. So start making a YouTube page to market your business and to reach your target audience.

Don’t get behind the competition
Since video marketing is so popular you competitors may already have a great video marketing idea up on their sleeves or may be they have are already planning to join the bandwagon for better ROI. So be proactive and have an edge over your competitors. Think of a unique and catchy way you can connect with your audience through video marketing and start working on it.

Improve brand awareness
When making a marketing plan, most businesses’ goals are to have a better business visibility as well as brand awareness. And with videos, you have a great way to achieve these goals. People prefer watching videos than reading texts so you have better chances that clients will pay your site a visit and eventually purchase your product after watching your company’s video. If you’ve aced your marketing plan and have produced an interesting video, there is a great possibility that your video will go viral and have more views online that you have expected.

Improve chances of delighting your audience
Every opportunity you can interact with your audience is good for your business entity. If your video is so effective that it has sparked conversations between potential clients online then your team deserves a pat on the back. This is an indication that you are on doing the right thing as long as the connection between the clients and your company is positive.

Do you need more details about video marketing can help you? Contact Reelmedia Pte. Ltd. for any video production questions you may have. Their friendly staff will be more than happy to assist you.