Video Marketing: Can your business afford to miss out?

The explosion in Internet marketing boils down to one significant point - the Internet has provided video advertising opportunities that businesses could previously only dream of. In the modern business world, video streaming and sharing have made it possible for anyone to reach a global audience in seconds. This monumental amount of power turns everyday browsers into engaged and enthralled potential customers, and modern production methods have made corporate video marketing affordable, attention-grabbing, and best of all within reach of businesses of all sizes.

Video marketing is all about unlocking the global potential of a company. The most important factor to consider with corporate video production is that the content needs to be memorable, eye-catching, and effective. Paying close attention to the content will prevent a target audience from moving on before the message within the business video has been put across. Emarketer.com made a number of observations in 2013 that marketers simply cannot afford to ignore, and these included the following:

• 93% of marketers used video for online marketing.
• More than 50% of worldwide marketers felt that video was the form of marketing media with the best return on investment.
• One in four marketers used corporate video in their email campaigns.

These facts make it abundantly clear that video is the way forward for businesses as well as the utmost power of video marketing. Promotional corporate video is vital for getting a marketing message seen by as many people as possible, and as a result all marketers must get a plan in place to develop their own video content.

Unfortunately, it isn’t always quite as straightforward as simply making a promotional video and getting it uploaded online. The same studies by Emarketer.com showed that there was one major stumbling block for businesses that desired to have an online video presence - 43% of those surveyed said that whilst they wanted to promote themselves through corporate video, they couldn’t do so due to a lack of available content.

When businesses need a helping hand to get their video designed, filmed, edited, and published, it is comforting to know that companies such as Video My Business can supply corporate video production professionals with a wealth of experience in videography. With the right corporate video producer in place, that vital gap can be bridged between having a few ideas on paper and getting a masterpiece corporate video online for the whole world to enjoy.

If the success of video for online marketing needs explaining further, there is a simple statistic that was made popular by the Harvard Business Review. According to their research, people remember 20% of what they hear and 30% of what they see. Yet by ‘hearing’ and ‘seeing’ the same content at the same time, it is likely that the audience will retain 70% of the information that is being communicated - which fits in perfectly with the very nature of video marketing. The power of the human brain to process and retain information should never be underestimated. We can process multimedia-rich content 60,000 times faster than plain text, and this is another reason why businesses should ignore video marketing at their peril! (3M Corporation / Nabisco)

Studies and statistics are all very well, but businesses must consider what corporate video is truly capable of. Software products can be showcased with screenshots and walkthroughs, and physical items can be demonstrated to show off their best qualities in real time through promotional video. This live action can be combined with brief text labels to really leave an impression upon the viewer, and catchy onscreen graphics and an appropriate soundtrack apply the finishing touches to create a polished and effective advertisement. Each piece of content can be filmed and published to suit the client base of any business, and it can be as formal or friendly as the product that it represents - this video is then visible on millions of devices within seconds.

This article was published by Edward George on 2nd October 2014. 'Edward is the Director of Video My Business and a passionate entrepreneur. With big aspirations he hopes to change the business video industry for the better.
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