The most successful companies today are the ones that focus on communication and relationship building rather than persuasive selling. In such a case, a product video can prove to be a boon for your business.
It helps you inform your target audience about the product uses and the value it can create for your customers. This form of marketing can be very impactful and helps you attract, retain, and engage your customers.
The primary motive of product videos is educating your customers rather than selling. However, watching a product video increases the likelihood of buying a product in more than 64% of consumers.
Product videos can take your marketing efforts up a notch and help you achieve unprecedented results. Let us discuss some of the benefits of product video production.
1. Better engagement
Customers today want information in a faster and more digestible format. Even when a customer is interested in a product, they are less likely to read pages of information about it.
Videos are a more engaging and entertaining tool to get the information across. It retains user attention and can provide them with all the details in a more digestible format.
Reading text information can be tedious, whereas a video feeds the information in a few minutes while the customer relaxes on the other side of the screen.
2. Higher conversion rates
Online shopping has numerous benefits and one disadvantage. The disadvantage is that you do not get to handle the product yourself. This can cause doubts about product uses and features in potential customers.
Seeing someone else handle the product in a video can resolve queries about product uses. Also, it enhances the credibility of your brand.
Trust is the foundation of a successful business and helps retain a loyal clientele. A product video builds trust amongst the buyers and acts as a substitute for in-store demonstrations.
Visuals also have a direct impact on conversion rates. However, product videos are more effective than photos and help you stay a step ahead of your competitors. Most buyers feel that videos help make their online purchase decisions easier.
3. Boost your Google ranking
A product video can significantly boost your page ranking. Google algorithm recognizes videos as high-value content, and a product video on your website can help you get a higher google ranking.
The key to a higher ranking is optimizing your content with relevant SEO techniques. The use of SEO-friendly titles, descriptions, and keywords can all contribute to directing high traffic to your site.
Being proactive in incorporating product videos will help you stay ahead of the competition and get the most out of your marketing efforts. Videos will help you attract potential customers and keep them for a longer duration on your website.
4. Shareability
Social media is an integral part of the world that we live in today. A product video is compatible with multiple platforms and can be shared across various social media sites. You can also integrate videos with your e-mail marketing to catch user attention.
Visuals have a better chance of being shared as compared to textual information. The high shareability of product videos will increase your brand reach and drive heavy traffic to your website.
5. Reduced returns
A product video conveys all the information about product uses to the potential customer. They learn product features and how these features can benefit their lives. The video also communicates the steps they need to take to acquire the product.
A product video can resolve any queries in the minds of a viewer by displaying the product in action. Hence, a video contains all the information that a consumer might need to make a buying decision.
This helps in a better user understandability before the actual sales. Hence, the chances of product returns are highly minimized.
A lower return ratio will not only minimize your expenses but also boost your credibility as a brand.
These are some of the benefits of a product video production that can take your marketing efforts to a higher level and boosts profitability in the long run.
Product videos can help you achieve better engagement and a higher conversion rate. Read further to know a few benefits of product video production that can contribute immensely to your marketing results.