In the ever-evolving landscape of digital marketing, staying ahead of the curve is not just a strategic move; it’s a necessity. As we step into 2024, one aspect that continues to dominate the online realm is video marketing. The power of visual storytelling has transcended its role as a mere trend and has firmly established itself as a cornerstone of successful digital strategies.
In this dynamic era, where attention spans are fleeting and the competition for audience engagement is fierce, businesses and content creators are turning to video as the ultimate catalyst for capturing hearts, minds, and market share. Below are some statistics that show why video marketing should make the major share of your digital marketing strategy.
Numbers talk
A whopping 91.8% of internet users worldwide watch, on average, 19 hours a week of digital videos.
Viewers retain 95% of a message when watching it on video (vs. 10% through text).
Personalized videos are 35% more likely to retain viewers compared to non-personalized videos.
In 2023, 36% of Gen Z, 22% of Millenials, 21% of Gen X, and 6% of Boomers used social media to search for brands instead of text-based search engine results.
Given this data, let’s explore why video marketing is the way ahead for your brand in 2024.
The reason behind the rise and rise of video content
Social media replacing search engines – One hashtag is all it takes! Given shorter attention spans, it is given that users will go for the most straightforward way to seek answers. Users are 3 times more likely to want to learn how to use a product from an online video like a YouTube tutorial than from a bunch of product instructions. Whether it is getting to know more about your brand offerings or reviews of your product, users will prefer the shorter, quicker, and more interactive, human-er way than scrolling through search engines and reading reviews online.
Ruling content is fit for video – The most important types of content – entertaining, educational, behind-the-scenes, user-generated content, and contests, are most suited for videos. Putting across this content makes it more memorable, builds trust amongst the audience, and delivers the message more efficiently.
ROI and Traffic gains – Research showed that video content accounted for 82.5% of all web traffic and 69% of all mobile traffic. From user understanding of their product to brand awareness to leads to sales and to dwell time on websites and apps, marketers say that video marketing has helped them increase ROI across the board. These statistics are the highest for short-form videos as 80% of users engage in mostly short-form videos on their mobile devices.
Shareability – According to Wyzowl, 51% of people are more likely to share a video with their friends compared to every other type of content. Social media videos also generate 1200% more shares than text and image combined. This proves that video marketing can end up being life-changing for the marketer and their brand.
So, what trends will emerge for video marketing in 2024 and what can you cash in on?
Strategies to leverage on –
AI tools and tricks – From editing to analyzing content, AI can transform the way your videos are produced. By embracing AI, you can optimize your video content, increase engagement, and drive better results.
Newsletters and emails – Newsletters and emails, though informative, can get too much for a user to go through given the amount of text they contain. This may make the user quit your email or newsletter midway, making you lose one chance of gaining their interest. Videos are efficient. They allow you to present more information in a fuller way in the same amount of your audience’s time.
Repurpose your content – Repurposing video content maximizes reach as you tailor content to the unique preferences and demographics of each platform. It broadens the content’s visibility and enhances engagement as viewers encounter content that aligns with their specific interests and habits. Additionally, repurposing saves time and resources by leveraging existing material, allowing creators to maintain a consistent posting schedule without sacrificing quality.
Captions – This is the era of silent scrolling. Most of us consume content on mute during our commutes, so having video captions just makes sense. It is also necessary for inclusion; to cater to audiences with hearing impairments.
Smartphone content creation – Creating videos with smartphones offers unparalleled accessibility, affordability, and spontaneity in content production. With high-quality cameras at our fingertips, anyone can produce compelling videos without the need for expensive equipment. Smartphone apps simplify editing, saving time and resources.
Apart from these, leveraging User Generated Content (UGC), live videos and personalization is a must.
A creative agency is indispensable in the realm of digital marketing, and for impactful video marketing efforts in Dubai, connecting with Outreach Advertising LLC is the strategic choice. As a leading digital agency, Outreach excels in crafting compelling content tailored for diverse social media platforms, ensuring optimal engagement. With a profound understanding of audience behavior, Outreach Advertising LLC transforms video marketing into a potent tool for brand success in Dubai’s competitive market. Choosing Outreach Advertising LLC means securing a partner versed in the nuances of social media marketing, guaranteeing content that not only captivates but also forges lasting connections with the target audience.
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