What about video marketing?

fisicx

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I didn't suggest video isn't effective - every advert on the TV is just that. The links and infographics are not authoritative and they are contradictory. Of course there are benefits in some markets but as @The Byre suggests, these videos are the result of a large financial investment. A 20second clip of a bloke modelling a t-shirt isn't even close to being in the same league.

The question to you is: if you believe video marketing is so effective, why isn't your company doing them? Why aren't there prominent videos on etsy, amazon, tesco, nike and all the other major brand websites?
 
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Krystsina

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A 20second clip of a bloke modelling a t-shirt isn't even close to being in the same league.

Nobody is talking about a bloke modelling a t-shirt. I said about creative videos. Sorry, it is not a creative example.

The links and infographics are not authoritative and they are contradictory.

Don't see anything contradictory, everyone has its own authorities.

Concerning your questions to me.

1. If you are asking about InvoiceBerry, then it will happen in the future. My own company is working on videos at the moment.

2. Really? Let's take Nike as an example. https://www.instagram.com/nike/ - videos are the major part of their content. + https://www.youtube.com/user/nike/videos I believe it is too obvious that major companies use videos as one of the ways to communicate with their audience. Especially brands that are concentrated on young people as their main target audience.
 
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fisicx

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I specifically said major brands don't use video on their websites.

They are contradictory in that the statistics they quote aren't consistent.

As I said, marketing videos can work but that's not the same a saying they work in all cases. Nike for example spends millions on marketing. Those videos will have cost tens of thousands to produce. Is that the sort of budget you have?
 
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Krystsina

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I specifically said major brands don't use video on their websites.

And? Why are you talking about videos on websites at all if the discussion in this thread about using videos on social media? The creator of this thread wrote: "I truly believe that double 25sec video length per month is perfect for my video marketing strategy on social media as well for other kind of businesses like clothing stores". Why do you limit video marketing to website at all?

As I said, marketing videos can work but that's not the same a saying they work in all cases.

:D Nobody is trying to prove you wrong - we can endlessly create examples to try to create a situation when marketing videos won't work. But it is absolutely useless as only practice can show it.

Nike for example spends millions on marketing. Those videos will have cost tens of thousands to produce.

And? Are you trying to say that video marketing works only if you spend tons of money on it? Can you prove your point then with some examples of video marketing without spending a lot of money + statistics that it didn't work out for a company?

Is that the sort of budget you have?

I'm not planning to discuss my budget with you. Sorry :p
 
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fisicx

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And? Why are you talking about videos on websites at all if the discussion in this thread about using videos on social media?
That's not how I read it:
Video marketing is a real trend and there is a huge buzz about its features and qualities.
Do you think it's a good way to raise my number leads investing on this kind of approach in general terms of B2C business ?
The OP want's new leads. Social Media might be good for brand awareness but it's pants for lead generation.
Are you trying to say that video marketing works only if you spend tons of money on it?
Yes. Cheap video marketing doesn't work as a lead generator. If you want it get you new leads you need big money on production and advertising. Which means putting your product on the TV. Videos shared on Facebook won't bring in new clients.
 
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mSanders

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The British market does not have this necessity. While there will be some who will benefit, most won't. It has been tried before in many guises and failed to deliver the required ROI.

You may have more luck but as video will be your marketing medium it will be interesting to see how you can sell your services through YouTube and other video sharing sites.

I do not think like that because there are too many small businesses' owners investing their money on SaaS video creators saying good experiences in their ROI. I talked to them and the only complain is about the limited quality of that albeit that approach still improving their sales.
 
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mSanders

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That's ok, you are probably right that it got mixed with your answers to other members :) Now it is quite clear for me.

Concerning your clothing business, I believe that promotional videos might be helpful to show your product. I believe there are a lot of similar businesses, so you can do research to see if they use videos and how it works for them.

About your second business - I see that there are quite a lot of agencies that provide similar services of video marketing. So I'm not sure if it will be right to say that British market has the necessity in it. If you are sure that your business will provide some innovation that will distinguish it from all other similar businesses, then of course, you should go for it.

Good luck!

Thank you!

Well, there are too many video agencies in the UK but not too many offering less than 200£. My point is: things change considerably between large enterprises and small businesses. The latter are demanding for that kind of marketing but seems to me that not all marketing agencies are supplying them with specifically plans.

That is the necessity I am looking to solve.

All the best !
 
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fisicx

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Not many offer less than £200 for a video for the the reasons @The Byre posted about. To create a good quality video costs a good deal more than £200.
 
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Krystsina

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Cheap video marketing doesn't work as a lead generator.

Expensive ≠ qualitative.

If you want it get you new leads you need big money on production and advertising. Which means putting your product on the TV. Videos shared on Facebook won't bring in new clients.

Are there any facts you can provide on it apart from your personal opinion? Can you prove that videos shared on Facebook won't bring in new clients please? Did you use video marketing on social media yourself? Did you try both, cheap and expensive to compare them and to sum up what works better?
 
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fisicx

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There are loads of paid for studies that show any sort of sharing has a poor ROI. One recent report gave less than 1% conversions on shares of ecommerce products. When you compare this to advertising which can have a very high conversion rate (if properly targeted).

If you want to market a video of a kitten then an iPhone will do. If you want to sell software you need something profesional. And these cost money to produce. Read the post by @The Byre again, he explains it much better than me.

It's not about my experience (and I have tested this) it's about the experience of all those who have tried and failed to get a good ROI. If you pay for good market research then you get good data. £1000 spent on a good provider can be a good investment.
 
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mSanders

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Ok guys let's finish this discussion. What about proving in real life this clash? I propose to mademoiselle @Krystsina a superb more-than-45sec video (animation and voice-over included) to the business where she is working for two thirds less expensive than my usual future-price or, in fact, 60£. She must only pay if she likes and, of course, after the production of that video. Admitting that she is also willing to do a paid advertising once her video is done, I will transfer the money to the mister Pink Mouse's ( aka @fisicx ) bank account if that video, at least, does not convert at worst two clients to InvoiceBerry.com

do we have a deal ?
 
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fisicx

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So you are asking Krystina to pay £20K for a video on a product that sells for $30/month. Lets do the sums. $30 = £20. Than means 1000 months of payments. 10 new clients from the video will mean ten years before they see a return on the investment. Even 100 new clients will take 2 years to recoup the money.

If the new clients choose the $15/month deal then is will take twice as long to see a return. If they choose the free option they will never get their money back.

And you are expecting them to to paid for advertising on top?

How is this a good deal?
 
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It's like this people -

If you happen to have all the lights, auto-cue, stands, dollies, jibs, mics and radio links, as well as some decent cameras and you have a natural flair for the moving image and you happen to have a recording studio for the incidental music and FX, as well as a sound-stage and of course you know how to structure a script for on-line sales and you have an editing suite - and above all, you understand how to use all that stuff, then hey, making a good video is cheap and easy!
 
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Krystsina

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There are loads of paid for studies that show any sort of sharing has a poor ROI. One recent report gave less than 1% conversions on shares of ecommerce products.

Can you please share all these studies with me? As I'm honestly interested to read such conclusions of research. And one more question to clarify: what do you mean by saying "any sort of sharing"? Do you include social media promotion into sharing?

if properly targeted

I believe the same applies to video marketing - "if properly targeted".
 
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Krystsina

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Ok guys let's finish this discussion. What about proving in real life this clash? I propose to mademoiselle @Krystsina a superb more-than-45sec video (animation and voice-over included) to the business where she is working for two thirds less expensive than my usual future-price or, in fact, 60£. She must only pay if she likes and, of course, after the production of that video. Admitting that she is also willing to do a paid advertising once her video is done, I will transfer the money to the mister Pink Mouse's ( aka @fisicx ) bank account if that video, at least, does not convert at worst two clients to InvoiceBerry.com

do we have a deal ?

Thank you for your proposal, but I believe there is no sense in it. First of all, I'm not in the position of making such decisions in the company I work for, and second - I don't see any point to prove anything. As I said previously, I truly believe in the power of video marketing (of course, "if properly targeted" and depends on what you sell). If some people here think that social media trends should be ignored, it is their choice.
 
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Krystsina

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If you happen to have all the lights, auto-cue, stands, dollies, jibs, mics and radio links, as well as some decent cameras and you have a natural flair for the moving image and you happen to have a recording studio for the incidental music and FX, as well as a sound-stage and of course you know how to structure a script for on-line sales and you have an editing suite - and above all, you understand how to use all that stuff, then hey, making a good video is cheap and easy!

Agree. Just to add: there are different types of videos, not all of them should include "Hollywood movies scenes". If to create animation or stop motion, it won't cost so much.
 
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fisicx

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Can you please share all these studies with me? As I'm honestly interested to read such conclusions of research. And one more question to clarify: what do you mean by saying "any sort of sharing"? Do you include social media promotion into sharing?
If you look at studies like these: https://www.wyzowl.com/video-marketing-statistics-2016.html many of the relies all guesswork. Nobody is actually measuring the success of video. There may be lots of views or shares but that generally don't convert into sales. The ones that do lead to a conversion are explainer videos but these are not normally viewed or shared via SM sites (other than YouTube).

Social media promotion rarely results in a sale (unless it's an advert). If you put your £10K video on facebook people may well watch it and share it but the number of people who click on a link to visit a website will be tiny and even fewer will buy the product. And unless you can get people excited in the product or service on offer it will be gone in under 24 hours once the newsfeed updates.

There are plenty of site producing statistics. Here are a random selection:
http://tubularinsights.com/video-marketing-statistics-media-brands/
Note number 17: Comedy is the most popular form of online video content among all viewers at 39% followed by news (33%) and music (31%).

This one is where the 1% conversion figure comes from:
https://www.shopify.co.uk/blog/1273...ia-platforms-drive-the-most-sales-infographic

Similar states here:
http://www.smartinsights.com/ecommerce/ecommerce-analytics/ecommerce-conversion-rates/

I've been through hundreds, if you ignore the ones promoted by marketeers and focus on those where businesses report on their results the story is one where SM marketing only really works if you advertise a product or service that has mass appeal: fashion, lifestyle, makeup, toys etc.

You mentioned Nike in a previous post. Consider that the videos Nike provide will be viewed mainly be people who already use the product or like the product. If I saw a video for an invoicing service in my feed I would just scroll past. By tomorrow it won't even be in my feed.
 
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mSanders

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Well, how much you charge your clients (since it is not worth it invest sixty pounds) Krystsina? My bet was 40£ per month, because you know, every month many business's owners are wanting invoice services. I don't know if you offer freemium services and had understood these kind of customers but when I say clients I mean true paying clients.

2clients . 40£ = 80£ minus 60£ (initial investment for the video) = 20£

" oh my god 20£ of ROI worths nothing and I have to pay Mark Zuckerberg for advertising "

True story. However, it is only for the first thirty days. In the following months (if your clients appreciates your invoice company), the "net ROI-profit" will be the full value of your clients monthly payment. In the meanwhile, you will still running the video ad with the possibility to achieve even more clients. I'am sorry if I was not clear enough for the first time.

But ok, if you can not what can I do ?

My point is Fiscx: I visited many economies much lesser than the British and those guys were (with simply food trucks) achieving good results with video and social media marketing. Since the day I had created this post here, I started to ask British takeaways and shops around me and they have said different things towards your thoughts here. It is not possible the UK be so different, I guess. However, @fisicx , I trust and understand all your points and, as I am a practical man, I had proposed that to have a better insight about British market. Maybe you have a better proposition about that, maybe not. Only in testing we will have a definitive answer.

By the way, where you have read that I said 60k pounds ? Are you crazy man ? Haha.

All the best for both.
 
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Krystsina

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Well, how much you charge your clients

You can check it at our website :)

since it is not worth it invest sixty pounds

I didn't say it is not worth to invest these money. I said that I don't see sense in this bet as I don't need to prove anything to anyone, it is a choice of every person to go for video marketing or not.

I'am sorry if I was not clear enough for the first time.

Personally, everything is pretty clear for me from the very beginning ;)

But ok, if you can not what can I do ?

I believe that there is nothing else you or me can do :) I wish you best of luck with your business!
 
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Hello mSanders.


Video marketing a real trend: in what context, usage, efficacy, etc?

Huge buzz: Some people, entities, organizations, etc are wetting themselves, as if it is a revelation of biblical proportions, typically by ones who have a vested interest in its usage.

"Do you think it's a good way to raise my number leads investing on this kind of approach in general terms of B2C business?" Perhaps, would need to know more about your business, target audience, what type of video and where in the funnel you plan to use it, objective of the video, etc.

Video when used within an overall framework where all elements (website, copy, images, etc, etc) are aiming for the same result, is one of the more effective mediums in a number of business areas at various stages of the funnel, but even then, this is not across the board by a long shot.

There are a shed load of scientific papers that cover audio visual influence on the brain; understanding, retention & recollection, customer influence, holistic experience, etc, that I mention in one of my previous posts, so I won’t regurgitate all of that.

Video marketing statistics, the vast majority are released by video producers, video analytics companies, so need to be taken with a pinch of salt, and personally I find them too self-serving and self-congratulatory. Some of the stats are plain strange when talking about business: shares, views, comments, great in a popularity contest, but for a profit making business? What needs to be measured is efficacy of objective attainment (be it click, download, sign up, contact, whatever), with and without video.

There are also some statistics where the original source cannot be found, for example “Videos are processed by the brain 60,000 times faster than text.” It was said this was from 3M in some internal presentation (3M link removed) ; quoted many times, but if the original source can’t be found, then personally I would not use nor trust it. Even on the link just provided, it doesn’t actually use the word video, but rather the word visual.

However there are some organizations (Content Marketing Institute for example) that do not have an apparent bias who have shared their findings on video marketing, which I am far more likely to give more credence to. I do also make videos myself, have access to client’s analytics, etc, and thus, video has to be part of an integrated approach.

I read your comment about truly believing that double 25 second video length per month is perfect for my video marketing strategy on social media… Why do you believe? What are the actual facts, have you got any data to go on, for belief flourishes in ignorance’s shadow, you need knowledge.

“Do you agree? I really do not see the necessity at institutional 2min videos as well 2k investment for a small business like mine”. No, I don’t agree. Your question when taken with other information to me sounds like you have already made up your mind based on belief, and are looking for validation, and thus this bias will have a good chance of being justified. Sounds like I have come to argue with you, certainly not, so forgive me if I do appear curt.

Another thing, there is no institutional video of 2 minutes, if we go on data from video analytics there is a sharp drop at around 90 seconds. Unfortunately there is not enough information on the types of video, subject matter, the audience, etc, so there is no context for the 90 seconds.

There is also the situation where people are obsessed with the length, forget length, it is about the level of information needed to get the required response, do you want to pay for length or do you want to pay to aid in instigating the required response?

Cheers, Ace.
 
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mSanders

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Video marketing statistics, the vast majority are released by video producers, video analytics companies, so need to be taken with a pinch of salt, and personally I find them too self-serving and self-congratulatory [...] There are also some statistics where the original source cannot be found, [...] Even on the link just provided, it doesn’t actually use the word video, but rather the word visual.

Totally agree. That is why I prioritize action than bla-bla.

I read your comment about truly believing that double 25 second video length per month is perfect for my video marketing strategy on social media… Why do you believe? What are the actual facts, have you got any data to go on, for belief flourishes in ignorance’s shadow, you need knowledge.

Videos on Instagram or virtual stores. There are from little to big brands doing this and achieving leads. I have a friend with a clothing store in a market less heated than the British achieving good results through short videos. Other, who is youtuber, achieves traffic and leads to his website through short videos on Facebook and Instagram.

. Your question when taken with other information to me sounds like you have already made up your mind based on belief, and are looking for validation, and thus this bias will have a good chance of being justified. Sounds like I have come to argue with you, certainly not, so forgive me if I do appear curt.

Relax my friend, it is fine. Moreover, you are completely right! Where you see "belief" is just experience from similar situations but in others countries that I had lived. That is why I had created this post to see as far as those situations are similar to the British market. I've been living here in the UK for some months, that is why I am collecting all these informations for a healthier path to start a business :)

Another thing, there is no institutional video of 2 minutes, if we go on data from video analytics there is a sharp drop at around 90 seconds. Unfortunately there is not enough information on the types of video, subject matter, the audience, etc, so there is no context for the 90 seconds.

Now I disagree with you. For my point of view, an institutional video is which one you will input all information about your company: your mission, your achieves, your values and your history. In this context there is place for 90 or more seconds.

All the best my friend.
 
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Hello mSanders.

Thank you for clarifying what you meant by institutional video. For some reason I thought you were referring to institutionalized / standardized; you mean a corporate video. Whatever we want to call it, hahah.

Cheers, Ace.
 
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F

FreebieBoy34

Hi guys

Video marketing is a real trend and there is a huge buzz about its features and qualities.
Do you think it's a good way to raise my number leads investing on this kind of approach in general terms of B2C business ?

Thank you.

Hi there! Video marketing does work if its properly optimized to target the right market... So whether you are running a B2C business or other types, this will surely help you in generating leads...:)
 
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Produsive

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Hi all,

I usually don't chime in, but think it'll be stupid of me to not suggest visiting our site, we cover everything in video marketing and production. We're producers and marketing experts , were not after your money, just giving helpful advice. Hope we're useful
 
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ethical PR

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    Hi all,

    I usually don't chime in, but think it'll be stupid of me to not suggest visiting our site, we cover everything in video marketing and production. We're producers and marketing experts , were not after your money, just giving helpful advice. Hope we're useful

    Why not provide some helpful advice then :)
     
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    fisicx

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    Hi there! Video marketing does work if its properly optimized to target the right market...
    Many businesses have discovered video marketing doesn't work so it would be really helpful if you gave an example of where it has worked.
     
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    Produsive

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    Hi Ethical PR,

    True true, I had written more than was posted. So i'll have another go. I haven't read through all of the comments,but to try to answer mSanders' original question I would say:

    Video content and marketing isn't needed for every single business. So in order to determine whether or not you should use it, it would be good to know what your business is. I would then gladly help in determining options and approaches with you. And can supply examples. But in broad terms:

    The first key point is that "video content" is a broad term, and there are many options for every business, some suit, other's don't. Strategies ( and analytics ) of the content is another matter, so let's put this on the back burner.

    The second key point is not everything you produce will about selling. We have 3 key categories, which you can place your content within this framework, and thus your sales funnel.

    these are: Awareness -Engagement-Conversion

    AWARENESS – DEFINE YOUR MARKET POSITION.

    This is your first port of call, and at the top of the funnel.

    Your first instance would be to create an explainer video, which should sit directly on your website homepage so your audience can quickly understand what your company is all about.

    They’re also useful to play the first time you meet other businesses.

    The intention of this is to summarize your service or product and set up the tone and personality of your brand as a whole.

    Think of this as a film that defines your market position. Look to keep this no longer than 90 seconds.

    Once you have an explainer video of the brand as whole, you can later look to create shorter awareness pieces on individual products or services.

    Think of these as introductions or hooks, with the purpose of making the viewer want to find out more.

    Examples:

    Explainer Video:

    • Summarise the business position and define your brand personality.
    • Use on homepage of website.
    • Use during introduction meetings.
    • Can be used for youtube advertising.
    Shorter Awareness Pieces:

    • Short, concise videos on specific products or features.
    • Use on individual website pages to support message.
    • Use on social media.


    ENGAGEMENT – BUILDING RELATIONSHIPS & TRUSTS

    Once your audience understands what you offer, you will then want to create some videos that fall into this engagement category.

    Think of it simply as content that allows them to understand in more detail what you offer.

    In many cases, each individual video will go in more depth into products, services, company ethics or processes/pipelines.

    It is all about building a relationship and building trust with your potential customer.

    These videos can be longer than videos in the awareness category, as you’ve already hooked the audience in, and they want to find out more.

    Examples:

    Product/Service videos:

    • Specific videos on one area of your business. ( 1 or 2 products or services)
    • Highlight key functions and features – show the actual product.
    • Highlight any awards, USP’s, customer testimonials and key benefits/stats.
    Interview/Case Study videos:

    • Show the face of key players in your business, talking about what the company has achieved and what it is doing in the future.
    • Show specific examples of who you have helped, and what it has meant for them.
    White paper videos:

    • Good for service or tech companies.
    • Show key insights and stats from your market – to build trust that you know your industry inside out.
    • Discuss what the future holds for your industry.
    • The more helpful this video is, the more likely the viewer will remember your business as a trusted source of information.


    CONVERSION – REASSURANCE & CONFIDENCE

    The conversion category has a few aspects that can overlap with engagement, however, conversion focused videos have more of an objective of getting your potential customer over the line and actually make an inquiry or buy your product or service.

    These will usually come in the form of either a demo video, tutorials or product video. A demo being something that shows the product in depth, including what the actual product looks like once it is purchased out the box.

    Examples:

    Tutorials/Demo Videos:

    • Take a walk through of using the product.
    • Cover any key areas they should understand.
    • If a complex tech product, do one for each area/stage of the process.
    • Easy to share, and engage audience.
    Short USP’s:

    • Show USP’s in a 10-20 second clip.
    • Great for audience to not see other generic features and just USP’s.
    • Put on social media streams.
    • If product: quickly run through dimensions, materials, shipping etc.
    • If Service/Tech: quickly run through discounts,benefits and outcomes.


    Now we have an oversight in where your videos sit within your video marketing strategy, and your overall marketing purchasing funnel, you can then place existing videos ( if you have them) within this framework, and ensure you have at least one video in one of the above categories.

    You can then build upon this catalogue of video content.


    mSanders - So you can see that the above is a broad view. great to fill all spaces if you're a large company with the money to do so. Even with small budgets there are options.So let me know what your business is about and i can help you. Feel free to private message me.
     
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    JamieM

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    Yes. Cheap video marketing doesn't work as a lead generator. If you want it get you new leads you need big money on production and advertising. Which means putting your product on the TV. Videos shared on Facebook won't bring in new clients.

    That is not correct. I have had a Facebook video ad running for under 4 weeks which has resulted in 104 orders and has a profitable ROI. The video is a product demonstration, is great quality and only cost £150 to make.
     
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    Video marketing is one of best ways to really stand out from the crowed and build trust with your target audience. Only problem is the cost. You will more than likely need a decent video camera and a computer that can handle video editing without making you pull your hair out. On top of all this you need some courage and a bit of personality when recording your videos.
     
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    fisicx

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    Can you give an example of a video that has stood out and built trust? Has it (for example) worked for you?
     
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    There are thousands of videos that stand out and build trust. You can choose your own. Just think of your favourite people to watch on YouTube. If they reviewed a product or service you would be more likely to make a purchase just because you have trust in that YouTuber, channel or brand.

    Personally my favourite YouTuber is brand personality Matthew Santoro. He has a huge cult following on YouTube. He sometimes does give a quick shout out review on some products for advertising revenue. I trust that the products and services he chooses to advertise in his videos are quality products and services that some of his followers may actually want. Being as big as he is I wouldn't be surprised if the products and services he advertises are chosen based on the analytics of his followers. This would generally lead to a massive increase in affiliate revenue.
     
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    fisicx

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    Have you brought any of the products he advertises? Have you been influenced by any of the marketing videos you have watched?

    I managed about 30 seconds of Matthew Santoro - didn't like him at all. It's just clickbait.
     
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    fisicx

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    That is not correct. I have had a Facebook video ad running for under 4 weeks which has resulted in 104 orders and has a profitable ROI. The video is a product demonstration, is great quality and only cost £150 to make.
    But how many videos/adverts on facebook have you watched and then brought the product? It's great that your video has worked for you, but considering the millions of marketing videos yours is one of the exceptions.
     
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    JamieM

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    But how many videos/adverts on facebook have you watched and then brought the product? It's great that your video has worked for you, but considering the millions of marketing videos yours is one of the exceptions.

    I would never judge whether marketing works based on my own buying behaviour. I'm sure video ads don't work for everyone but it does work for the right products and if it's done in the right way.
     
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    fisicx

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    I agree, but that's the whole point. Statements like: "Video marketing is one of best ways to really stand out from the crowed and build trust with your target audience." are disingenuous and incorrect. It's not the best way - it's just one way that might work for the right products or services if promoted on the right platform to the right target.
     
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    Have you brought any of the products he advertises? Have you been influenced by any of the marketing videos you have watched?

    I managed about 30 seconds of Matthew Santoro - didn't like him at all. It's just clickbait.

    I have not purchased anything from Mathew Santoro's promotions but I can recall a few things that I wouldn't mind having. I have however purchased stuff from the promotions of others channels I trust. The stuff I tend to buy from YouTuber promotions generally consists of useless stuff that I find cool or interesting. Usually t-shirts, gadgets and developing technology on beta releases.
     
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