Lights, Camera, Action: Why Your Small Business Needs a Promotional Video
In the face of rising digital platforms and shifting consumer behavior, businesses, particularly the smaller ones, are required to adapt and innovate their marketing strategies. Promotional video content emerges as a transformative asset in this context.
The Impact of Video in the Digital Domain
Cisco, in its comprehensive study, projected that by 2022, online videos would constitute more than 82% of all consumer internet traffic. This figure represents a 15-fold increase compared to 2017 levels. Consequently, the absence of video content in marketing strategies could result in businesses missing a substantial portion of the market.
The shift towards video content is not arbitrary but underpinned by the unique advantages it holds over other forms of media. A report by Forrester Research indicates that in terms of persuasion and information delivery, one minute of video corresponds to 1.8 million words.
The Role of Promotional Videos in Small Business Marketing
Amplifying Brand Awareness: A meticulously planned and skillfully executed promotional video leaves a lasting impression on the audience. It is an effective tool for presenting your company's mission, vision, and services in a concise and engaging manner. A well-crafted video can speak volumes about your brand, ensuring that it resonates with potential customers and stands out from the competition.
Boosting Online Presence: In today's digital age, having an online presence is crucial. Video content, particularly promotional videos, can significantly enhance your online visibility. Google algorithms favor websites with video content, making them appear more frequently in search results. Additionally, videos are more likely to be shared on social media than any other content type, further extending your reach.
Increasing Conversion Rates: Promotional videos can have a direct impact on sales. According to a survey by Wyzowl, 84% of people reported that they've been convinced to buy a product or service by watching a brand's video. With the right video content, you can effectively communicate your product's benefits and convince viewers to make a purchase.
Building Customer Trust: Videos allow businesses to create a more personal connection with their audience. Showcasing real people, sharing customer testimonials, or giving a behind-the-scenes look at your operations can build trust and foster a deeper relationship with your customers. Trust is foundational in the customer decision-making process, and promotional videos serve as an excellent tool for building it.
Enhancing Understanding of Your Product/Service: No matter how innovative or valuable your product/service is, if your audience doesn't understand it, they won't buy it. According to a study by HubSpot, 97% of marketers believe that videos help customers understand products. By showing your product/service in action, you can effectively demonstrate its features and benefits.
In summary, promotional videos can be an instrumental asset for small businesses seeking to enhance their brand awareness, online presence, and customer trust, while also boosting conversion rates and product understanding. With the power to convey substantial information in a short period and leave a lasting impression, promotional videos stand at the forefront of modern marketing.
At Freedthinking, we specialize in creating compelling promotional videos tailored to your business's unique needs. Harness the power of visual storytelling and let your business stand out. Get in touch to find out more!