Video Marketing Benefits in 2023

Video Marketing
Video Marketing Benefits in 2023
Article by Bisera Stankovska
Last Updated: March 21, 2023

As consumers increasingly turn to video content for information and entertainment, companies that embrace video marketing can benefit from increased engagement, improved brand awareness, and higher conversion rates.

Whether you're looking to boost your social media presence, drive traffic to your website, or increase customer loyalty, video marketing can help you achieve your goals and stand out from the competition.

In this article, we'll explore 15 key benefits of video marketing and how it can help your business succeed in the competitive online landscape.

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What is Video Marketing?

Video marketing is a digital marketing strategy that involves creating and sharing videos to promote a brand, product, or service. It can be used to increase brand awareness, drive website traffic, engage with customers, and generate leads and sales.

Specifically, commercial video marketing examples can take many forms, including product demos, testimonials, edutainment, animations, and explainer videos. These videos can be shared on a range of platforms, such as social media, websites, landing pages, email, and video hosting platforms such as YouTube or Vimeo.

Whether you're looking to promote a new product, explain a complex concept, or share your brand story, video marketing can be a powerful tool to achieve your marketing goals.

15 Video Marketing Benefits

With the increasing popularity and effectiveness of video marketing, businesses are turning to video production companies to help them create high-quality videos that effectively convey their brand message and engage with their target audience.

By 2023, online video is expected to represent 82.5% of web traffic, and 86% of marketers already use videos as a content marketing tool, with a 25% growth in firms adopting video as a marketing strategy since 2016, according to Demand StageWe expect those figures to rise even further, with the continued growth of demand for freelancers on freelance websites.

In this section, we will explore the various benefits of video marketing and how it can help businesses reach their marketing goals. From increased engagement to higher conversion rates, video marketing can offer a range of advantages that traditional marketing methods simply can't match.

  1. Increases Brand Awareness
  2. Builds Trust and Credibility
  3. Helps Customers Make Purchasing Decisions
  4. Improves Search Engine Rankings
  5. Increases Engagement
  6. Appeals To Mobile Users
  7. Provides Measurable Results
  8. Increases Social Shares
  9. Shows Your Personality
  10. Demonstrates Products in Action
  11. Offers a Cost-Effective Marketing Solution
  12. Improves Email Marketing Campaigns
  13. Increases Website Conversions
  14. Builds Long-Term Relationships
  15. Provides Versatility

1. Increases Brand Awareness

One of the benefits of using video marketing is the ability to showcase your brand and products to a larger audience. By creating engaging videos, you can increase brand awareness and drive traffic to your website.

Additionally, including a call-to-action (CTA) in your videos that directs viewers to your website or online store can be an effective way to boost sales. For instance, video marketing could be a fantastic option for small businesses looking to expand their reach.

2. Builds Trust and Credibility

Video marketing builds trust and credibility by showcasing your expertise, establishing authenticity and transparency, appealing to emotions, and maintaining consistency.

Consistency in brand voice and aesthetics across videos can establish a sense of reliability and professionalism, building trust over time.

3. Helps Customers Make Purchasing Decisions

Video marketing can be a powerful tool in helping customers make purchasing decisions. By showcasing your products or services in action, you can provide potential customers with a better understanding of what you offer and how it can benefit them.

Additionally, by addressing common questions or concerns in your videos, you can help alleviate any doubts or uncertainties that your audience may have.

By creating high-quality, engaging videos that address their needs and concerns, you can build trust and credibility with your audience and increase your chances of making a sale.

4. Improves Search Engine Rankings

Video marketing can help improve search engine rankings by increasing the time spent on your website and reducing your bounce rate.

When visitors stay on your website for longer periods, search engines view this as an indicator of quality and relevance, which can improve your ranking in search results. Additionally, video content can help attract backlinks from other websites, which can further improve your search engine visibility.

5. Increases Engagement

Video marketing can increase engagement by providing a more immersive and interactive experience for your audience.

Video marketing trends are constantly evolving and adapting to new technologies, platforms, and consumer preferences. By utilizing visuals, sound, and storytelling, videos can effectively capture your audience's attention and help them connect with your brand and message on a deeper level.

In today's digital age, videos can be easily shared and consumed across multiple platforms, which can help increase your reach and engagement with your target audience. From short-form social media videos to long-form educational content, businesses have a wide range of video marketing options to choose from.

6. Appeals To Mobile Users

Video marketing can be highly effective in appealing to mobile users, who often prefer video content that is easily accessible and consumable on the go.

With the rise of smartphones and mobile devices, video has become an increasingly popular way for people to consume content while on the move.

7. Provides Measurable Results

Video marketing provides measurable results through metrics such as views, engagement, conversions, and return on investment (ROI).

By tracking these metrics, businesses can gain valuable insights into the effectiveness of their video marketing campaigns and make data-driven decisions to improve their results.

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8. Increases Social Shares

Video marketing can increase social shares by providing engaging and shareable content that people want to share with their friends and followers.

In fact, a Rocketwheel study found that online video consumption has increased by 52% over the past two years, with an average of 16 hours watched per week and social video generates 1200% more shares than text and image content combined.

Videos that are funny, informative, or emotionally impactful are more likely to be shared across social media platforms, which can help increase the visibility and reach of your brand.

9. Shows Your Personality

Video marketing can show the personality of your brand or business by providing an opportunity to showcase your values, culture, and beliefs in a more human and relatable way.

By using storytelling, humor, or other creative elements, you can create videos that connect with your audience on a deeper level and build a stronger brand identity.

10. Demonstrates Products in Action

Video marketing can demonstrate products in action by providing a visual and dynamic representation of how the product works and its benefits.

By showing the product in use, potential customers can see how it solves their problems, meets their needs, and fits into their lifestyle, which can increase their confidence and motivation to make a purchase.

11. Offers a Cost-Effective Marketing Solution

Video marketing is a cost-effective and scalable approach that can help businesses reach a wider audience compared to traditional forms of advertising, such as TV commercials or print ads. For instance, creating a successful video marketing campaign can be more affordable and effective in driving engagement and sales.

By using video marketing, businesses can create engaging and informative content that resonates with their target audience. With the ability to share videos across various platforms, businesses can also extend their reach and target specific demographics.

As such, video marketing has become an increasingly popular strategy for businesses of all sizes and industries to promote their products or services, build brand awareness, and engage with their customers.

12. Improves Email Marketing Campaigns

Video marketing can improve email marketing campaigns by providing a more engaging and persuasive way to communicate with subscribers and potential customers.

By including video content in email campaigns, businesses can increase open and click-through rates, improve conversion rates, and enhance the overall user experience.

13. Increases Website Conversions

According to Spiceworks, incorporating videos into your email content has the potential to increase click rates by as much as 300%.

Video marketing can increase website conversions by providing a more engaging and memorable experience for website visitors, which can lead to increased time on site, reduced bounce rates, and higher conversion rates.

By using videos strategically on website pages, businesses can convey their value proposition, showcase their products or services, and build trust and credibility with potential customers.

14. Builds Long-Term Relationships

Video marketing can build long-term relationships by creating a more personalized and emotional connection between businesses and their customers.

By using videos to tell a story, share a mission, or provide educational content, businesses can demonstrate their values, expertise, and commitment to their customers, which can lead to increased loyalty, advocacy, and referrals.

15. Provides Versatility

Video marketing provides versatility by offering a wide range of formats, styles, and platforms to meet the diverse needs and preferences of businesses and audiences.

By using videos in different ways and contexts, businesses can tailor their message to specific audiences, goals, and stages of the customer journey, which can increase engagement, retention, and conversion rates.

Video Marketing Benefits Takeaways

In conclusion, video marketing is an effective tool for businesses looking to improve their marketing efforts and reach a wider audience.

With the many benefits it offers, it's no wonder that businesses of all sizes are turning to video marketing to increase brand awareness, drive traffic, and boost conversions.

If you're looking to take advantage of the benefits of video marketing but lack the expertise or resources to create high-quality videos, outsourcing to a video marketing agency may be the solution you need.

Video Marketing Benefits FAQs

Is video marketing effective?

Video marketing benefits both businesses and customers by increasing awareness, engagement, and understanding of products or services.

It can drive traffic, generate leads, boost conversions, and complement search engine optimization (SEO) efforts for a better ROI.

Why is video marketing so powerful?

Video marketing is powerful because it simplifies the process of obtaining information.

Users can watch videos with ease, requiring only a few clicks without any reading or mental effort.  

Why is video marketing important on social media?

Video marketing on social media captures attention, enables storytelling, and delivers messages to target audiences.

Videos build trust with existing and new customers, boost conversions, and increase ROI.

Additionally, videos provide insights into campaign performance for data-driven decision-making in social media marketing (SMM).

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