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Five Reasons why You should be using Videos

Videos are efficient marketing tool. They are effective, memorable and shareable​

Video is a powerful educational tool that should be an integral component of your marketing mix. Clients are more likely to watch a short video than they are to read a long block of text.

Effectively, a lot of denser content can be simplified in video format, which makes it easier for clients to understand your message.

Although we have different styles for processing information, a significant percentage of people prefer visual presentations, which facilitate greater engagement and retention. People are simply looking at someone telling them what they need to know.

One of the good things about videos is that recent advances in technology have made them much easier — and cheaper — to produce.

Here are five benefits of using video: 

1. Greater Client Engagement

Videos can portray your messages and products more effectively than written content. For example, content that is difficult to explain in writing can be simplified by illustrations. You can detail historical market behaviour using simple charts, or illustrate various products and planning strategies.

Also, video can give your message a human face, which will likely resonate with viewers and further engage them.

Related: Six Ways to keep Clients Engaged

2. Better Retention, Better Recall

Most people are likely to retain more of what they see and hear, than what they read. That is because well produced images and sound make a greater impact than text.

And if a client thinks he or she has missed an important point in a video, they can simply replay the video to get a better understanding of its content.

Another important advantage is that a message can be communicated on video in a shorter time than in writing. 

3. They Offer Flexibility

Videos are versatile and flexible. They can be presented in various formats for use on desktop computers, laptops and mobile devices. You can pull them up for viewing anywhere.

You can also use various video distribution sites that allow you to upload your videos to more than one website at once. 

multiple devices showin icons for video playing

4. Videos are Easy to Share

Videos can be shared with clients quickly and easily. You can send links to your videos directly to clients via email or share them with your contacts on social media.

Clients can in turn share your videos with their colleagues and friends, further spreading your message and your brand — and potentially earning you new prospects. Research shows that people are more likely to share an interesting video than written content.

video sharing social media icons

5. Higher SEO Ranking

Major search engines usually place a higher value on video content. So, if you use the same keywords for search engine optimization for both written and video content, chances are that your video will rank higher.

 

Some Quick Stats

According to a Video Marketing Statistics Report by Wyzowlm here are some quick stats based on the feedback from over 600 marketing professionals.

video engagement stats

With all that above holding true, and considering that 60% of viewers will stop watching a video after 2 minutes, we wonder how long a brand video should be. According to Databox research, 62% of companies are creating shorter videos under 5 minutes.

They provide some beneficial tips to improve video watch time, which should be one of the most important metrics that measure video content success. 

donut chart showing percentages of video length

Keep following our blog to get more practical tips for managing and growing your financial advisory.