Impact of Video Marketing on Your Brand

Video marketing can engage people and increase brand awareness for your firm. That's surprising, given that 73% of consumers prefer to learn about a brand through video. Over 91% of organizations currently use video for marketing purposes.

Here are five compelling reasons why video marketing can benefit your brand

  • Videos reach a large audience
  • Videos increase conversions and sales
  • Videos improve SEO strategy
  • Videos increase social media engagement
  • Videos elicit emotional responses

There are several forms of video content, including short-form vs. long-form videos, instructional videos, live videos, advertising videos, animated videos, event videos, commercials, user-generated content, and much more.

A man is seated in front of a camera in a studio setting, getting ready for a video session

Tips for Creating a Video for Your Brand Setting smart goals

First and foremost, determine what you hope to achieve. Do you want to promote brand visibility, sales, or consumer engagement?

Setting specific goals according to customers' needs allows you to modify your video material. This specificity will speed up your creative process and provide a precise measure of success.

Understanding your right audience

Analyze metrics like demographics, engagement rates, content performance, and audience insights across several platforms to acquire valuable insights into your target audience's traits and activities.

Determine which social media channels your target audience uses the most and personalize your video content to meet their tastes and expectations on each site. Pay attention to trends, hashtags, and conversations in your niche to stay up-to-date on developing issues and audience interests. Monitoring social media stats daily allows you to fine-tune your targeting methods and maximize the impact of your video marketing efforts.

Crafting an interesting message

The core of a great video is storytelling. Your brand's story should be engaging, relatable, and unforgettable. Videos that stir emotion or deliver value have a greater engagement rate. Use online resources to find high-quality video footage to help tell your story.

Choosing the right social media platforms

Not all platforms are created equally. Where does your target audience spend its time? YouTube's broad reach is good for long-form material, whereas Instagram or Facebook may be better suited for shorter, more engaging videos. Use an application to organize and analyze video content across social media.

Integrate partner marketing into your marketing mix

The video cannot be used in isolation but as part of a comprehensive marketing campaign. Integrate your video into your email campaigns, social media, and website. For example, incorporating movies in email marketing can increase open rates considerably.

Measuring the success of a video

When assessing your video performance, the number of factors you track can be intimidating. Establish key performance indicators like view count, play rate, engagement, click-through rate, social sharing, conversion rate, and feedback.

How do your videos tend to perform on various social media?

YouTube Videos

YouTube has over two billion monthly subscribers, and YouTube shorts have around 70 billion daily views.

According to 84% of advertising professionals, YouTube is their preferred video-sharing platform. 70% of viewers purchased after viewing a brand on YouTube. 78% of individuals feel YouTube is the most effective for accomplishing their company goals compared to other video companies.

Instagram Videos

Instagram is an excellent platform for promoting your items and generating brand awareness. Instagram has two billion monthly users. After seeing an ad on Instagram stories, 50% of IG users went to a website to buy a product. Instagram is the world's fourth-most visited website and the preferred social platform for people aged 16-34. 44% of Instagram users shop every week using the social media site.

Facebook Videos

Facebook is still used by millions of people every day, and Facebook Ads can reach 2.08 billion people. According to figures from the third quarter of 2023, Facebook has more than 3 million monthly active users. 53% of the participants believe they're likely to buy from a business if they can send a message on Facebook. Facebook ads will reach more than 3.6 million users in 2023, representing a 5% rise from the previous year.

  • Retail businesses have a 1.59% average click-through rate on advertising on Facebook, the second highest among all industries.
  • Retail brands have a conversion rate of 3.26%
  • Clothing has the most significant average conversion rate (4.11%)

We gathered essential video marketing statistics from the previous two years to help you design your video marketing strategy for 2024

  • As reported by 88% of marketers, video is a crucial aspect of their marketing strategy
  • 87% of marketers report that video has directly increased sales
  • In 2023, 161.4 million individuals watched live video content, with a forecast increase in 2024
  • 69% of consumers say a product demo is most helpful when making a purchase
  • 91% of people view explainer videos to learn more about a product
  • In the view of marketers, short videos should be around 60 seconds long
  • 75% of people view short-form video material on their mobile Smartphones

Boost Your Brand with Professional Video Production

Finding your company's target audience for video marketing combines research, analysis, and strategic thinking. Understanding the demographics, interests, and behaviors enables you to develop video content that captivates, engages, and converts. To stay ahead of the competition, create clear objectives, use market research and customer insights, and continuously review and iterate your video marketing activities. With a thorough grasp of your target demographic, you can maximize the potential of video marketing and achieve visible outcomes for your organization.

Layam Media offers the best branding video services. Book your shoot today to elevate your brand and connect with your audience through compelling video content.

Chat
Call