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6 Powerful Benefits of Using Video Marketing for Business

Posted by Andries Van Tonder on November 11, 2021 - 8:41am Edited 11/11 at 9:14am

6 Powerful Benefits of Using Video Marketing for Business

Video is a visually rich communication tool that can be tailored to suit any audience and share any message. Whether your goal is to drive more traffic, increase leads, educate a buyer into making a purchase decision, or improve conversion rates, video is one of the fastest and easiest ways to communicate with your audience.

No matter the industry, video’s benefits for business owners make a compelling case for implementing video marketing for your business.

  • Cisco has predicted that by 2022 online videos will make up more than 82% of all consumer internet traffic.
  • Viewers retain 95% of a message when they watch it in a video, compared to 10% when reading it in text.
  • 83% of marketers would increase their reliance on video as a marketing strategy if there were no obstacles like time, resources, and budget.

Read on to explore five powerful benefits of using video marketing in your business.

 

Engage customers on social media 

Whether you’re on Facebook, LinkedIn, Twitter, Instagram, Snapchat, or TikTok, sharing your message through video is easy, quick, and a no-brainer when it comes to successfully marketing your business to your target audience.

  • Social media posts that contain video have 48% more views than those that don’t. This signals a huge opportunity that creating killer video content to share across your chosen channels will get your business in front of the eyes of more people.
  • There’s a staggering 100 million hours of video watched on Facebook every single day—a statistic that shows there’s a hungry audience waiting to engage with and view your social media video content. 
  • On Twitter, users who tweets contain a video see an 10X increase in engagement, compared to those that don’t.
  • Videos on Instagram receive 21% more interactions than images.
  • Video on social media generates 1200% more shares than text and images combined.

Increase conversions and improve sales

If you’re not converting your audience to become leads or sales, your business won’t last long in the market. Conversions are ultimately what can make or break a business. Luckily, video is here to help. 

  • Video can help you increase conversions by 80% when implemented on a landing page.
  • 64% of customers say that they buy a product online after watching a video about it.
  • Customers are up to 84% more likely to purchase after watching a product video.

Bolster organic search rankings

Video and organic rankings go hand in hand. After all, YouTube is owned by Google whose search engine performs 3.5 billion searches per day. 

  • Video on landing pages improves dwell time. This metric is an indicator of website quality and relevance, so search engines use it as a ranking factor. Embed a video, improve your dwell time, and improve your rankings. Simple.
  • Pages that contain rich media such as video have been shown to increase 3X more backlinks than a plain post.

Build consumer trust

Video can help to build the bridge of trust between a business and a consumer. For example, creating product videos that shows how your business offering works or video customer testimonials that show the depth and breadth of your best brand advocates.

  • 90% of customers say that video helps influence them into making purchase decisions.

Get your brand noticed

Improve brand awareness and install your business at the top stage of the buyer's journey by using video. Position yourself as a thought leader or tell your brand's story using short, snackable video content.

  • LinkedIn found that videos under 30 seconds saw a 200% lift in view completion rates. 

Access the C-Suite

Video isn’t just about building your brand, converting leads into sales, and influencing a purchase. Video is a fantastic medium that will get your content in front of the eyes of the real decision-makers: The C-Suite.

  • 75% of business executives watch work-related videos weekly.
  • 59% of senior executives prefer to watch a video over reading text.
  • 54% of senior executives regularly share work-related video content with coworkers.

If you’re ready to start unlocking the benefits of video for business, join Lumen5 — an online video maker that helps you create polished, professional video marketing content in minutes. 

Video Marketing is a versatile and engaging medium to build your online authority. Presenting your business in real-life to show how your product or service works is the surest way to position you in front of your targeted audience. Video marketing is cost-effective, they convert much faster than traditional methods of advertising and they're easy to share across multiple platforms.

It's a proven fact that people buy from brands they know, like and trust. When it comes to your online business, reputation is everything because it is your brand which represents you, your products and your customers. Hence, when you present your brand in videos and on video sharing sites like YouTube, this builds your brand and helps you market your business more effectively. You can use videos to help educate your customers about your service, show them how a product is used, assembled and provide troubleshooting advice. Giving a real-life personal presentation creates a much better level of trust to the consumer, compared to conventional marketing methods.

Video marketing is low-cost and very cost-effective. It has been proven to be more cost-effective than conventional marketing tools and advertising, for the reasons it builds relationships with the viewers. This is exactly what you need in your online business.

When you are marketing with videos you are building trust with your audience. This is the most important aspect of your business online. Your potential customers may be going through tough financial times, however, on-screen you have the ability to provide them with the confidence that they're getting great value for money.

There's a phrase "a dollar is a dollar is a dollar." This is because you have to understand the context of your business, the economy and the industry your company competes in. For example, if your business is in construction and the economy is bad, you will want to use videos to expand your consumer base. Videos can be a great way to do this because they are low-cost and extremely effective. If, on the other hand, your business is in real estate, the economy is booming and prices are going up, you will want to use videos to market your prices.

Video marketing can also help you with your SEO by generating links back to your video. For example, you can create videos about your business or website and add a link in the video that takes viewers to your website.

It is important to note that you still need to do SEO. This includes SEO for your videos, your website and all the video content on your social networking sites like Facebook and Twitter. This will help ensure that your brand is discovered by your targeted customers who will want to engage with it. It has been proven that potential customers respond better to videos, especially when they are informative and provide value. Thus, they do provide a breakthrough for your business.

Video marketing can also help you build relationships with your customers. It's important to realise that creating videos help educate customers and entertain them. You can also create videos to answer questions and provide advice about your product and if they're looking to purchase, you can provide a video that shows him or her how to use, care for, and store the product. This gives consumers a reason to buy; it’s an added bonus to your customer service.

Conclusion :

Videos provide an excellent service for your business in today's technology-driven world. You can use a video to market your company, educate your consumer, build a relationship and advance your business - it is truly your video. The most important thing to remember is to ensure the video is optimized for the purpose of getting discovered and seen in search engines.

We're super excited here at Markethive, as the engineers are currently building a video platform behind the scenes. This will provide a huge advantage for entrepreneurs as the platform is business focussed and caters for online marketers, affiliate/referral marketers and businesses, therefore, you won't be subject to shadow banning or your accounts being terminated for simply promoting your business.

MarketHive is an entrepreneurial social marketing platform with the combined strength of LinkedIn, Amazon, Facebook and Marketo. It delivers a complete ecosystem all built within the blockchain.

If you have an online business, the Markethive system has all the free tools you need to grow your business.

You'll soon discover an incredible number of marketing tools, i.e.:

- autoresponder

- email, messaging

- blogging system

- video storage

- newsfeed

- banner exchange

- groups

- tutorial system, (to name a few).

📣 👉 All at your disposal f.r.e.e 👈 ‼‼‼

Right now you can signup to Markethive for free and receive 500 HiveCoins straight away and all those tools I mentioned above.

If you're an entrepreneur, you'll want to experience Markethive for yourself. So get signed up today.

To Join Markethive for free, click HERE

Have fun making your videos,

Andries van Tonder

Serial Entrepreneur/investor since 2013.
South Africa.


 

Andries Van Tonder thank you Corneliu, appreciate it
November 12, 2021 at 7:46am
Andries Van Tonder thank you Bill, appreciate it
November 12, 2021 at 7:46am
Corneliu Boghian good blog , thanks for sharing
November 12, 2021 at 7:32am
Bill Rippel Thanks for sharing these tips on video marketing. Great share, Andries.
November 11, 2021 at 2:51pm
Andries Van Tonder thank you for your comment Simon
November 11, 2021 at 12:38pm
Andries Van Tonder thank you Adonel for reading it
November 11, 2021 at 12:38pm
Simon Keighley Important tips to take on board for our video marketing campaigns, Andries - thanks for sharing.
November 11, 2021 at 9:41am
Adonel Lowings Great blog thank you for sharing.
November 11, 2021 at 9:32am
Andries Van Tonder thank you Caleb
November 11, 2021 at 9:15am
Caleb Mpamei Thanks. This is good!
November 11, 2021 at 9:12am
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