Video marketing is no longer a novel concept, and many small businesses seem to have a hold on this type of marketing. With the gradual decrease in the price of video equipment and software, it has become much easier for any small business to foray into video marketing. If you are new to video marketing, you need not worry about it being an expensive and complex affair.
Some initial planning and a dose of original creativity are all it takes to create videos that appeal to viewers. Undoubtedly, video marketing is here to stay. With businesses of all shapes and sizes jumping onto the video marketing bandwagon, the quality of your videos plays a huge role in attracting and retaining viewers. In this blog, we list out some of the benefits of video marketing for small businesses:
10 Benefits of Video Marketing for Small Businesses
1. Higher Ranking on SERP
YouTube is the second most visited website after Google and can be termed the second most popular search engine. There are close to 2 billion users on this free video platform. Little wonder then that YouTube is a sought-after video platform by marketers. To put things in perspective, YouTube has the potential for unmatched reach to a broad global audience that directly translates to potential buyers searching for your product or “solution.”
It is an established fact that most search engine users never go past the first page on SERP. To increase your chances of landing on the first page of Google results, it is a good idea to add video content on YouTube. This increases your probability of being discovered by new users as search engines are known to prioritize video content on the SERP.
2. Increased Brand Awareness
One of the best ways to increase brand awareness through video marketing is to upload videos on YouTube. With close to 2 billion users and a watch time of 250 million hours every day, the power of video marketing on the free video platform is unmatched.
Once your content gains traction on the platform, it can do wonders for your brand awareness and sales thereafter. Such videos can be easily made with an online video maker that comes with an interactive and beginner-friendly interface.
3. Best Medium to Acquire Information
Today, people are completely involved in their fast-paced lifestyle and do not have the luxury of time. This has resulted in diminishing attention spans, where people are averse to written content and are more inclined to watch videos.
Regardless of the complexity of the subject, a combination of audio and video provides an immersive experience that provides much better knowledge retention than any other medium. This makes it the best medium to disseminate information and provides better insight and a refined view of the product. The best way to make such impactful videos is through an online video maker with good UI and UX.
4. Improves Digital Presence
Currently, it is tough for a small business to survive without an online presence. With the help of video marketing, a small business stands a much better chance of being seen and heard by the audience. Video not only improves brand recall but can also prompt viewers to take action after they view the entire video, often even before the video ends. There are options to prompt viewers to share the video link of the content, vastly increasing the digital presence of the brand and the associated product.
5. Increases the Click-through Rate
It could seem tempting to attach the video content to your email campaign. However, the increased size of the email would get it filtered into the spam folder. Instead, create a thumbnail of the video and redirect the customers to the source of the video, which could be your website or landing page. This is one of the best ways to increase click-through rates.
6. Improves Social Engagement
In recent times, it has become increasingly pertinent for the brand to have a social presence. The bigger the presence, the better the brand awareness. To increase social media presence, it is prudent to create videos for different video platforms to enable the customer to connect directly with the brand and product. Furthermore, if they like the product, there is always the prospect of the brand’s word spreading far and wide. In case you are wondering how to make such videos, they can be easily made with an online video maker available from several new companies.
7. Promotes Trust
The great advantage of video marketing is that it can directly appeal to the audience’s emotions. This is vital for a small business to create that all-important connection with the audience. Such connections can reinforce trust in the brand and create loyally and repeat customers. There are numerous ways to cement this trust, including testimonials, behind-the-scenes perspectives, etc.
8. Improves Understanding of the Product
There are many concepts or products that cannot be explained well with a text or any other medium. With such products, it is always a safe bet to create videos, specifically product demo videos. This gives the audience a chance to better understand the product before they make the purchase decision.
Another way of doing this is through explainer videos where you explain how your product solves the problem and fits into the overall picture. Increased understanding will naturally translate to improved sales.
9. Increases Sales
There are validated figures that point to the fact that companies that carry out video marketing outshine the companies that don’t. Video content has the potential to convert a cold audience through landing pages, email campaigns, or social media presence. Although the initial capital investment tends to be high in some cases, the company can easily recoup the amount once they have the video marketing in motion.
10. Video can Provide Critical Metrics
Having created your video marketing campaigns, it’s natural that you would be eager to measure its performance and impact. All video platforms come with analytics that allows you to delve into the performance of the video in close detail. Such data points will allow you to fine-tune and refine your future strategy and give insights into the target audience.
Video marketing is a strategy that is not going away anytime soon. So, if you are a small business, do not wait to start with video marketing. Else, there is a good chance of your competition doing it better and grabbing the lion’s share of the market. That being said, it is also pertinent for marketers to think originally and come up with concepts that leave a mark and strike a chord with the audience without which it is hard to succeed with video marketing.