The newest media wave to hit the online shore is video. Individual emails abound with links to “the funniest video ever,” or blurry clips of new babies or birthday parties. The unforgettable moment of the Oscar at oscars en direct .
Businesses, on the other hand, have largely been left standing on the shore, scratching their heads and wondering if there’s any real value to be earned from diving into making their own live video broadcasts, video emails or video on demand infomercials. Here are just five of the many ways video adds to the bottom line of any company.
1. People remember more of your message.
While people generally remember 10% of what they read and 20% of what they hear. But, they’ll remember as much as 50% of what they see and hear together. Before anyone can act on your message, they need to process and remember it.
2. Increase responses by up to 30%.
A call to action is much easier to follow if it is actively delivered. Sound and motion are powerful action drivers, especially when they are delivered by your sincere enthusiasm and passion for your topic. Companies who have made the switch to video email and on- demand broadcasts have reported response rates jump as much as 30% following a broadcast.
3. Build your credibility.
People do business with people they know, like and trust. When you cut through the technological barriers of the Internet and put yourself online, you put “your self on the line” as far as viewers are concerned. The time it would normally take you to build a relationship with a potential customer can be dramatically shortened as a result.
4. The cost savings are obvious.
Anytime you can avoid the high costs of sending someone on the road to meet with clients or attend a meeting, the bottom line savings are immediate and obvious. In addition to any costs associated with attending a meeting, you need to factor in travel costs covering airfares to taxis and tolls, hotel costs, meal expenses, and even your internal costs to process the expense paperwork.