It’s 2020 - and if you haven’t switched on to video yet? You are definitely missing out.
Because video as a marketing tool, to sell, engage or generate an audience, is booming.
To prove my points I found some very interesting stats developed by Hubspot, who researched last year into what effect video was having on business.
You may be shocked, or maybe you won’t be - if you are already in tune with what is happening out there on the web and on social media.
Here’s what they found:
• 70% of consumers say they’ve shared a brand’s video, 72% of businesses say video improved their internet conversion rate.
• 52% of consumers say watching product videos makes them more confident in online purchase decisions.
• Consumers prefer video above all other forms of content in learning about new products or services.
• Video usage is accelerating at a phenomenal rate - but many businesses are yet to add it to their marketing strategy.
Now they are impressive numbers, and a clear indication why your business needs to embrace video.
But here’s some more data that should convince you:
Live Video - live streaming services on Facebook, Instagram and other social media channels. This will grow significantly in 2020. Marketing research is discovering that live streaming encourages more audience engagement and will retain video viewers longer than pre-recorded content.
One-to one video. What? Well, the latest marketing data suggests there is great value in sending personalised video messages to get leads and communicate with customers. Better than calling on the telephone or sending an email, they say.
360 and Virtual Reality. New technology has enabled cameras to provide a 360 degree experience, allowing viewers to control that experience. Virtual technology makes viewers believe they are in, or a part of, the video.
This could be big in education, healthcare, business and on social media platforms.
Blogs into Vlogs. Yes, is going to be really big. Instead of writing content, record it as a video. And this really does engage with your audience - it makes you appear more authentic, more in touch.
The new TV. There has been a massive shift in audience allegiance from TV to internet based platforms.
In 2016, the average weekly time spent watching video on the internet was 9.5 hours an d research indicates this will double in 2020.
And finally, add add video as a major tool for cost effective ways of training staff, internal communications, customer support, human resources, information technology, sales and marketing.
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