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Are You Using The Power of Video to Promote Your Brand?

Why is Video for Business so Powerful?

videoThe business climate today is all about how to make your marketing message heard above all the “noise” of competing marketing messaging in an age where we are all faced with “information overload” to the nth degree. Business owners are always looking for ways to maintain a competitive advantage and to be able to connect with their customers and potential customers in an effort to create a personal connection.

With the increased usage of the latest technologies, if also becomes a challenge for the business owner to figure out how to use all the technology that is available to increase brand exposure and deepen relationships with customers and potential customers.

Online video is the future, the latest trend, and continues to rise in popularity. Key indicators point to corporations embracing online video as an essential marketing tool. In a 2008 Interactive Marketing study, Forrester Research predicted a compound annual growth rate of 72% through the year 2012 – the most robust of all interactive investments. Online video is expected to grow significantly more than search engine marketing, display ads, and email marketing.

When you see an interesting video on the Internet, you tend to post the link on Twitter, Facebook, or share it by emailing it to friends. They pass it on to their friends and the effect multiplies spreading your message quickly, resulting in massive exposure. This is called viral marketing and carries tremendous power via brand exposure at very little cost. Using video helps others connect with your brand because it now has a face that others can identify with and adds that personal touch that is so important in establishing, maintaining, and enhancing relationships.

Online video is going to increase in popularity according to a study by eMarketer that reported 152 million people were watching online video in 2008. By 2012 that number, according to the study, is expected to soar to 190 million.

Video adds a new dimension to the written word. If one uses videos of themselves speaking their message, they are able to use humor, physical expression, and eye-contact adding a totally new layer of personalization. If one chooses to use an animated video, the element of entertainment is added and with a musical background, adds an emotional effect as music brings out emotions in people.

Using video turns a static website into a dynamic, interactive destination. Video requires the viewer to use more of their senses making your message more memorable.  

You can use video to demonstrate a product that will educate your customers, show your product or service in action, save time and money on customer service by being proactive, train clients remotely saving time and money on travel expenses, and expand your target market beyond your local geographical area

Businesses who use video to promote their brand are giving a human face to their corporate website. You can include a short video welcoming visitors to your website, introduce yourself and other members of your company, or record a customer testimonial to show your value to others.

Using videos encourages engagement with your brand and in this day where relationships carry so much weight this is a very important aspect of video marketing. If you regularly provide valuable video content, you will be encouraging repeat visits to your website.

Even though the use of video is increasing and studies indicate it will continue to increase, there are still many industries that don't use video as a common practice. If your competitors don't yet use video, you'll be able to set yourself apart by using video on your website.

In this age where people want instant gratification and easily accessible information, videos provide an easy method of relaying information to others. At the click of a button, you can promote your brand, advertise a special, make an announcement, sell your service, etc. rather than requiring your target market to read text.

When compared to traditional methods of promoting products like text ads, banner ads, and printed promotions, videos are more cost effective and provide a much more valuable and memorable experience for the end-user. 

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Tags: brand, marketing, promotion, traffic, video, website

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Comment by Julie Weishaar on October 20, 2011 at 1:43pm

Hi Patt. I agree with you that the quality of the video content is just as important as the quality of any content. Not sure why people have to be "told" as you indicate in your comment - shouldn't they just know? LOL The reality is that many are getting carried away for the online frenzy including the increasing use of video for everything. Everyone wants to go "viral" yet oftentimes the content of what does go "viral" is not quality. In addition, going "viral" does not automatically translate into more money in our pockets. This is a pattern of behavior I see all over the place - although it might not be a popular opinion. People bragging about how many followers they have yet many, when asked how many of those followers convert to paying customers/clients ... suffice it to say there are many who can't or won't answer that question :)

Business owners can and should use video to attract visitors to their website using compelling, engaging, AND valuable video content to: establish themselves as their industry expert; share information the viewers need/want; showcase their products/services; and develop and establish trust so that people will want to do business with them.

As far as creating new sources of revenue, there is a whole industry of video advertising where businesses can use their profile videos or video ads to get business (http://www.google.com/ads/videoadsolutions/index.html). I have just started venturing into that arena. Literally in the process of creating a new product - the video ad. Would love your opinion on the video :)

Comment by Patt Leger on October 20, 2011 at 12:13pm

Thank you for your article Julie, I love reading about how video has made its way into "normal internet activity". We've all been told that content is key and that video is the way to go.

My personal opinion (although somewhat biased) is businesses and individuals are not being told that managing your content is also a great concern with digital media strategies. No one is being told that having video content alone isn't enough and better ways of managing our new digital media revolutions are not quite as simple as we would like to expect.

For the average user, having our videos on networks like Youtube and Facebook are all great options but as business owners we often want or need more.

Having engaging content is a must but we also need to take into account the way our "new internet habits" are affecting our business models. How do we take it to the next level of creating new sources of revenue?

What are your thoughts on this?

Comment by Julie Weishaar on September 11, 2011 at 1:36pm

Hi Dave,

Thanks for your comment. Good point about viewer expectations. I will have to check out Hipmunk.com - that is a new one to me :)

Comment by Dave Hennessy on September 11, 2011 at 1:15pm

Julie. I totally agree with you. Video is the way forward. This point you made is a great one.

"Video requires the viewer to use more of their senses making your message more memorable"

 Youtube, facebook and similar websites are conditioning web surfers to insist that there are entertained at almost every website. A video achieves that. Hipmunk.com, a flight search company received huge attention and publicity because their introduction video was deemed to be very entertaining. Good Post I will definitely checking back to read more!

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