IHUBApp Blog

Lights, Camera, Sales: How Videos Are Driving Revenue

Written by Susan Jenks | 11 May, 2023

In today's digital age, content is king, and marketers are always looking for new and innovative ways to grab the attention of their target audience. One of the most effective ways to do this is through the use of videos and pictures in marketing.

 

According to a study by Hubspot, 54% of consumers want to see more video content from brands they support ("The State of Video Marketing 2021").  This is because videos have the power to convey information quickly and effectively, while also engaging the audience in a way that pictures cannot. With the rise of social media, videos have become even more important in marketing, as they can easily be shared across various platforms and reach a wider audience.

So, what makes videos more compelling than pictures in marketing? Let's take a look at a few key factors:

 

Firstly, videos have the ability to tell a story. They can evoke emotions, convey messages, and create a connection with the viewer. This is because videos are able to combine visuals, audio, and text to create a multi-sensory experience that pictures simply cannot replicate. By telling a story, brands can build a deeper relationship with their audience and create a more meaningful connection.

 

Secondly, videos are more memorable than pictures. Studies have shown that people remember 95% of a message when it is presented in a video, compared to only 10% when presented in text. "Wistia: The Science of Memory: What We Remember and Why We Forget". This is because videos use a combination of visuals, sound, and motion to create a more immersive and engaging experience. This means that viewers are more likely to remember your brand and your message, which can lead to increased brand awareness and sales.

 

Thirdly, videos can showcase your product or service in action. By demonstrating how your product or service works, you can provide a more in-depth understanding of its features and benefits. This is particularly important for products or services that are complex or require some explanation. By showing your product in action, you can help to build trust and credibility with your audience.

 

According to Facebook, videos on their platform receive 135% more organic reach than photos. "News Feed FYI: Bringing People Closer Together." This is because videos are more likely to capture the attention of the viewer and keep them engaged for longer. This means that videos are more likely to be shared and have a greater impact on your audience.

 

In addition to being more engaging and memorable, videos are also proven to be more effective at driving revenue in marketing. A study by Aberdeen Group found that businesses that use video marketing grow revenue 49% faster than those that do not. "Analyzing the ROI of Video Marketing." Again, videos can educate and inform potential customers about a product or service in a more effective and engaging way, leading to increased conversions and sales. By incorporating videos into your marketing strategy, you can create a more compelling and effective experience for your audience, ultimately driving revenue growth for your business.

 

So, if you're looking to create more compelling marketing content, consider using videos over pictures. Videos have the power to tell a story, be more memorable, showcase your product or service, and be more engaging. By incorporating videos into your marketing strategy, you can create a more immersive and effective experience for your audience, which can ultimately lead to increased sales and revenue for your business.



 

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