Video, especially digital video, has grown so prevalent; it is likely to be the defining media format of our time. Over 100 hours of video now are uploaded to YouTube each minute, and it would take over 1,000 years to watch every video uploaded.
Here are 3 reasons you should be using B2B video in your digital marketing programs:
1. Your buyers watch them.
While we all love our cat videos, it seems we also (at least somewhat) enjoy watching business videos and commercial advertisements. Forbes recently stated that 75% of executives watch work-related videos on business websites at least once a week. Forbes also found that 59% of executives would rather watch a video than read text.
2. They can influence your buyers’ subsequent web activity.
Many studies on B2B video engagement have found that videos are able to influence buyers to further engage with your company in some way. Forbes stated that 65% of executives visit the marketer’s website after viewing a video. Similarly, Zabisco found that 46% of people who viewed a video ad took some action after viewing it. Specifically, they found:
- 26% looked for more information about the subject of the video (Zabisco)
- 22% visited the website named in the ad (Zabisco)
- 15% visited the company represented in the video ad (Zabisco)
3. They can motivate a buying decision.
While impulsive decisions are much more likely to happen in the B2C space (where 65% of people are much more likely to buy a product after seeing a video), videos can motivate purchase decisions in the B2B space as well. Forbes Insight found that after watching a video, about 50% of executives went on to make a purchase for their business.
For more on the advantages of B2B video, read this quick blog on 3 Reasons You Should Leverage B2B Video in 2014.
Feel free to contact us with any questions.