13 Facts About Video Marketing You May Not Know

Camera Capturing a Man for Video Marketing

There’s an old but true axiom in the marketing world: consumers justify their purchases based on logic, but they buy based on emotion. Your neighbor will tell you he bought that shiny, new convertible in his driveway because it gets great gas mileage, or performed well in crash tests, or its great resale value. The truth is he probably bought it because it’s sexy and tells you he’s climbing up the social ladder.

Creating that emotional connection with customers sells your products and services. And the best medium to sell with emotion is video. Video brings your company to life and shows rather than tells customers who you are, what you value, and why you’re better than your competitors. Study after study shows that consumers prefer a compelling video about a product or service to a comparable print description.

How Do You Sell Wearable Cameras? Rescue a Kitten

GoPro sells wearable action cameras, high-definition gadgets for outdoor sports enthusiasts who want to capture their thrill of victory moments skiing, surfing, and skateboarding. In 2013, firefighter Cory Kalanick got the call to rescue an unconscious kitten in Fresno, California. He was wearing a GoPro camera. That video, heart-breaking and hopeful, made its way to YouTube where it caught the attention of 1.5 million viewers in its first few weeks. GoPro saw an opportunity, edited the raw footage, added its logo, and re-released the result (“Fireman Saves Kitten”) on its own YouTube channel. The video went viral, capturing 5 million views in its first week.

Founded in 2004, GoPro racked up $150,000 in sales in its first year. By 2013, annual sales had shot up to more than $985,000. In 2014, that number jumped to almost $1.4 million, taking the company to an IPO valuation just shy of $3 billion. It would be hard to argue that a kitten put GoPro on the map, but it sure didn’t hurt.

Video Sparks Emotion and Emotion Boosts Sales

GoPro isn’t alone in boosting sales and company image by tugging at the heartstrings. For example, Chipotle’s video (and mobile game), “The Scarecrow,” brought awareness to its sustainable farming campaign with images of animal confinement and toxic pesticides. More than 17 million consumers have viewed the video on YouTube.

And then there’s HelloFlo, which sells feminine hygiene products. The company scored big with a video using humor and heart, “The Camp Gyno,” featuring a young girl who gets her first “red badge of courage,” then helps other girls at summer camp. The video cost about $6,000 to shoot, got 6 million views in its first week and was named ad of the week by Adweek.

By the Numbers

The numbers tell the story: video marketing works because it’s what consumers want. Here are 13 facts about video marketing you may not have known:

  1. Four times as many consumers want to view a product video instead of reading about it
  2. Half of internet surfers want to see a product video before entering a store
  3. Consumers who see a video are about twice as likely to buy a product or use a service
  4. More than half of internet users watch videos all the way through
  5. Half of consumers say they want to see more company videos
  6. Companies which use video grow revenues twice as fast
  7. 52% of marketers say video content has the best return on investment
  8. Two of three consumers want videos of 60 seconds or less
  9. More than 100 billion people are active users of YouTube
  10. Half of all marketers plan to add YouTube to their marketing strategy in the next year
  11. Two of five marketers plan to add Facebook video in the next year
  12. Almost half of consumers watch an hour or more of Facebook and YouTube videos each week
  13. 80% of consumers say video demos help them make purchases

What now?

Video is an essential component of an integrated, inbound marketing strategy. To learn more about the ways you can generate leads and drive sales by engaging marketing content, contact us today.

What Should You Look For in a Digital Marketing Agency

2 Men with laptop facing each other in marketing agency

You've tried juggling your marketing. Either you're doing what you do best—focusing on your core business needs—or you're losing hours on social media and trying to figure out why your website won't work right on mobile. Let's face it. You need a digital marketing agency.

A quick web search gives you plenty of company names. But how do you pick one? How do you differentiate between sizzle and substance? High bills and high conversion?

Here are a few things to look for when selecting the digital marketing agency that's right for you.

Social Media Experts

Content is king. You want a digital marketing agency that has tapped into where your audience gets their media. They should be able to formulate a strategy to put your company on the lips of your target audience. Engagement is key to social media. Will the agency craft a plan that tells your brand story in a way that relates to the audience? Look at how they handle their presence? Has their blog been updated recently? Marketing is ever-evolving. If there hasn't been a blog update in months or if their Twitter feed is empty, it's not the marketing company you should hire.

Adaptable and Innovative

You can't afford to be a step behind. You need to keep up with the competition, or better yet, stay a step ahead. Marketing is always changing. Radio was big. Television was huge. Now, social media is the current forefront of marketing, and the most consumed content is video. Social media platforms are adapting to the content their users want, and that means video. It will be the next cornerstone of inbound marketing.

Strong Inbound Marketing

Inbound marketing means motivated customers come to you and want you to market to them. Rather than inundating people with expensive hit-or-miss ads, you generate content and capture an audience. They follow you because you talk to them, you interest them, you engage them. This is less intrusive, often less expensive, and establishes more than leads; it creates repeat conversions.

Flexible and Scalable

Would you wear a one-size-fits-all suit to a meeting with your biggest client? What would you think if a vendor came to meet with you? When choosing a digital marketing agency, why would you choose one that wants to sell your company cookie-cutter solutions? Look for a digital marketing agency that will tailor their services to your business needs. They should respect your firm as the unique entity you've worked so hard to create.

Real Data Analytics

Customer Relationship Management (CRM) Data tells you about your buyers and how they are interacting with your company. They can tell you how you're perceived, what campaigns are generating leads, and, more importantly, what strategies are converting leads. Without sufficient data, an agency is fumbling in the dark. Sure, they might have an occasional hit, but they won't know why or how to duplicate their former.

Take your time and evaluate your options. At HARNESS, we tailor our services towards your company's needs to give you the best results. Whether you need us to complement your existing traditional marketing efforts or we're your first foray into working with an agency, our focus is you.

Contact us to harness the power of inbound digital marketing.