Of all the forms of content marketing, video offers the greatest opportunity for digital marketers.
And yet the majority of us are blowing it.
Broadly, mistakes in this strategy manifest in three ways:
- Not creating a clear standard for ROI
- Publishing new videos and moving on without promotion
- Whiffing on the content itself, particularly the video topics
An explainer video is a great marketing tool. And if you use it right, you will benefit your business.
The vast majority of the companies place explainer videos on their website to explain to prospective customers how their products work. However, this is not the only way explainer videos can be used in marketing.
Let's consider five examples that show how companies from different industries use explainer videos to grow their businesses.
Stock video is generic video footage held by massive online libraries. In a world where videos are quickly becoming the most sought after type of content online, marketing firms are using stock video to boost engagement and increase their video presence for pennies on the dollar.
If you're not using stock video in your marketing campaigns, here are five reasons why that has to change.
Video content is the new standard
Whether you like it or not, consumers want video content much more than they want to read your landing pages or blog. 90% of consumers say video content helps them make buying decisions, and internet traffic is expected to be 82% video-based within a year.
The bottom line? Your customers want more video content.
Using stock footage allows you to make more videos for less money. An increased video presence will help keep your brand front of mind for existing customers and will entice potential customers to watch and follow. If you aren't producing up-to-date video content, new customers will likely choose a competitor that is....
Yes, I said it. It's finally time to publicly state that the video completion rate (or VCR) metric is no longer useful. Sure, for many years since the metric was first introduced, agencies and marketers alike have relied on the VCR standard as a way to assure brands and clients that they have, in fact, proved that a set of eyeballs were engaged and we had their attention for the duration of a video. It seemed logical. The metric would weed out accidental clicks to video links and players. It would also weed out casual viewers who only watched the first 10 or 15 seconds of a video and moved on. But that was about as much assurance that the platforms had delivered our messages to a large number of eyeballs, as we were going to receive.
Looking back at 2016, the year was one of the biggest yet for video marketing. More and more outlets adopted this form of advertising than ever before, and this massive adoption rate created new practices and trends that no one really saw coming.
Although all forms of marketing change and adapt over time, few go through changes as quickly as that of video marketing. The Internet Age is one that doesn't slow down for anyone, and this is extremely applicable when talking about online video advertising.
While the core principles and practices will always remain true, the way in which we approach video marketing has seen some big evolutions that you need to properly adhere to if you want to stay ahead of the curve throughout the year. Here are the top 5 video marketing practices that you need to be implementing in 2017.
The social networking mogul Facebook took over the video startup QuickFire. The acquisition was officially announced on the QuickFire website last Thursday. In case you missed it, here are the details and what we know so far.
What is QuickFire?
In the words Craig Y. Lee, QuickFire CEO, 'QuickFire Networks was founded on the premise that the current network infrastructure is not sufficient to support the massive consumption of video that's happening online without compromising on video quality. QuickFire Networks solves this capacity problem via proprietary technology that dramatically reduces the bandwidth needed to view video online without degrading video quality.'
The founder of the San Diego based company has said to be 'thrilled to help deliver high quality video experiences to all the people who consume video on Facebook'.
Channeling 42 Below Vodka, Hendricks's Gin (which, by the way, is awesome) is out with its first animated spot touting the brand's unique combination of rose and cucumber. The ad will air on the brand's YouTube channel, Facebook page and other social properties.
The brand worked with animation house WeWereMonkeys after having seen the work the company did for Little Talks.
Remember Honda Cog? That Rube Goldberg exercise in amazement? Many brands paid homage to that stunt. Well. here's one more.
Japanese optics brand au Hikari has worked up its own two minutes of awesome except the whole thing is powered by light. You know, the way you can use a magnifying glass to burn paper? Well, apparently, there's a lot more fun you can have with light.
Give the video a watch.
Apparently based on findings from OK Cupid which revealed guys who are taller get more dates and hookups, a group of enterprising, but short, Jewish guys decided to launch ShoesByJews, a line of footwear that adds 2-3 inches to ones height with stylish shoes that don't look like platform shoes.
Either I'm stupid (entirely possible) or this is the biggest non-sequitor of all time. It's entirely unclear how this Holiday Inn Express video achieved 1.8 million views since July 21. A group of astronauts are about to take off in the space shuttle. The Mission Control guy says, "Astronauts, August 14 will be the biggest day to remember." An astronaut responds, "August 14? That's my anniversary. I gotta go." Another voice then says, "Uh, Houston, did anyone stay at a Holiday Inn Express last night?"
Clearly there is a joke in there somewhere but it's gone way over my head. Yea, I get that it has something to do with the fact the astronaut forgot his anniversary and should probably be with his wife rather than heading to space but I still don't get it. Please explain.