Guaranteed Ways Video Marketing Will Help Your Business Grow

Published on: 11 December 2020 Last Updated on: 11 September 2024

Unless you have been living under a rock or a remote island, you will know that video marketing is an important part of every modern business. So, it shouldn’t be shocking that video marketing has become a rage in the market.

You should expect that online users will cross the 2 billion marks in the next few months.

Did you know that YouTube hosts 1 billion unique visitors every month. This means the popularity of video marketing is not hidden from anyone in the world.

With several social networks having launched the video ads, the responses have compelled other business owners to join the bandwagon. It is expected that more than 75% of internet traffic will be filled with videos in the next year.

As a modern business owner, if you haven’t adhered to the idea of relying on video marketing, you’re not modern and certainly not going in the right direction. Here, we will guide you through a few ways video marketing can expand your business audience:

1. Present Your Product

Make a concise video to let your audience know about the product or service you have to offer. Just like there is a difference between reading a science chapter and attending it in class, the audience develops a better understanding of the product when they have somebody tell them about it.

Make sure to educate them about the benefits of your product or service. If you make a good quality video with information about the audience’s interest, you will quickly witness an increase in the number of visitors.

We suggest you use a teleprompter, which will make your video more professional. Furthermore, as they flock to your website, most of them might convert into customers quickly.

2. Offer Instructions

In today’s time, customers love to sift through video tutorials because they guide them in detail about using the product. For example, If you debut with “How to use this shampoo” or ‘How to unbox this phone,” customers will quickly get inclined towards viewing it. This way, you will not only win the customer’s trust but will also satisfy them quickly.

Not to mention, customer loyalty is a very important factor in today’s world, so you must strive for it.

3. Explain Why You Stand Out

Let’s take a simple example to elaborate on this concept. If your company is about to launch a new shampoo, you should know that there are hundreds of shampoo options out there already.

To impress the customers, you will have to tell them about how your offering is different from the other. Unless you don’t have something valuable to offer, customers will not trust your brand.

Visit Soflostudio.com to get a professionally developed video for your video tutorial. Only a top-notch video shooting firm will sift you through the right way to promote your product.

4. Equipping the Video with Special Content is a Good Idea

A modern customer is not only concerned about the core product but also expects the company to value them.

So, do you have anything else valuable for the new clients? Adding plenty of informational articles on the main website is not going to have a strong impact as strong impact as a video message will.

For instance, if you want the customers to know about what goes on behind the scenes in the manufacturing of your product, you can shoot a 3-minute video and give them short glimpses.

5. Explain Your Story

Instead of filling the landing page of your website with an abundance of content, it is best to let the customers know about it through a video message.

In fact, most people ignore the “About Us” section because it is too dull. Record a video with the chairman of the company, and don’t forget to include glimpses of the journeys of veteran employees in the company.

Explaining the founding story of the company will have a strong impact on the minds of the customers.

6. Explain the Vision and Mission of the Company

Every stakeholder of the business is interested in knowing about the short-term and long-term goals of the business. This is because stakeholders must stay in touch with the company for a certain time.

Only if they are in coherence with the goals of your firm will they decide to stick to it. This is why explaining the vision and mission of the company through a short video can make a difference to the reputation of your company.

7. Video Marketing is the Need of the Hour

In simple words, video marketing is not an option but the need of the hour. As soon as a new product or service is launched in the market, customers flock to YouTube, and the social media pages of the business to find video messages.

If you don’t rely on video marketing, your competitors will stand out to the customers. Secondly, you need to realize that video marketing is cheap and can save on the costs of traditional advertising.

Starting your Digital Marketing Journey? Why you Should Focus on Digital Marketing

Digital marketing is not a fad. It’s the new spine of business success in this era and beyond.

If you’re wondering where to begin, here’s your cue. Billions of users are online daily, and you shouldn’t just want to create an online space; you need engagement for your business.

Here’s why digital marketing should be your first focus as you launch out.

1. Reach a Wider Audience

The internet is global, and so is your audience. Unlike traditional marketing, which often limits you geographically, digital marketing allows you to reach people anywhere in the world.

Whether it’s through social media, search engines, or email marketing, the potential for audience growth is massive.

Think of your product getting discovered by someone on the other side of the globe; that’s digital marketing.

2. Cost-Effective Advertising

Traditional marketing methods like TV commercials or print ads can be expensive, especially for small businesses.

Digital marketing, on the other hand, offers a variety of affordable options.

With tools like social media advertising and pay-per-click (PPC) campaigns, you can reach thousands of potential customers without spending a fortune.

Plus, you can set your budget and adjust it as needed so you don’t overspend.

3. Measurable Results

Digital marketing is probably the most measurable form of marketing. We can see, in real-time, what is working and what isn’t, and we can refine our strategies accordingly.

How many people are visiting your site?

Did you make sales this week?

How long do they stay on your site? What were the reasons people returned a product?

With online analytics, you can even measure specific goals you want to achieve for your website or blog (i.e., analyze conversions using built-in tools on platforms like Facebook Ad Manager or Google Analytics).

In other words, digital marketing will help you understand how your potential buyer base behaves and uses technology to make informed decisions.

Final Thoughts

The world of digital marketing may seem daunting, but the reality is that digital marketing is an essential component of any successful business in today’s world.

You don’t have to do everything at once. Start with a few key tactics and build from there.

The most important thing is to begin.

Your future customers are already looking for your product or service online. The question is, will they be able to find you?

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Career Spotlight: Becoming A Market Research Analyst

Do you know how a company just knows what you want? They collect a few surveys, and suddenly they know more about your requirements than you! Is it all automated? Short answer, no! Someone is sitting and analyzing every behavioral data of a consumer to create profiles. They are called market research analysts! Are you just fascinated with the idea of a market research analyst? Or someone who is planning to become one? This is how you can become a market research analyst - Let’s begin with understanding who a market research analyst is. What Is A Market Research Analyst? Market research analysts are the strategic brains behind a company’s marketing decisions. Their job is to gather data on consumers and competitors and then use that information to guide business strategies. Whether a company is launching a new product or planning a marketing campaign, market research analysts are the ones who determine the best approach. They don’t just guess; they rely on cold, hard data. What Do They Do? A market research analyst’s role involves several core responsibilities. Why don’t we go through them to know the responsibilities a little better? Data Collection: Gathering data is the starting point of any market analyst. This could be through surveys, interviews, focus groups, or analysis of existing market data. Trend Analysis: After gathering the data, they identify patterns and trends that provide insights into market behavior. For example, what products are gaining popularity, or which consumer needs are currently unmet? How can the company they work for help meet them? Market Forecasting: Analysts will often predict future market trends. However, this is not just through guessing. However, when a company plans to launch a product next year, these professionals will forecast whether the market will be favorable or not. Furthermore, they also inform about whether the product will launch in the right direction and be liked by the audience you are targeting. Consumer Segmentation: By analyzing consumer data, they segment the market into groups based on behavior, preferences, or demographics. Reporting and Presentations: Then, they communicate their findings to decision-makers through reports, presentations, and visual data displays. Competitor Analysis: Understanding competitors’ moves and strategies is key. Market research analysts monitor what competitors are doing and how they’re positioning themselves in the market. What Degrees Do You Need To Get? There isn’t one fixed path to becoming a market research analyst, but certain degrees, and conceptual skills can give you a strong foundation: Bachelor’s Degree: A degree in marketing, business, economics, or statistics is often the starting point. Subjects like research methods, consumer behavior, and data analysis are crucial. Advanced Degrees: Unfortunately, just a bachelor's degree wouldn't do for more senior roles. Therefore, a master’s degree in market research, data science, or business analytics can be advantageous. An MBA is also beneficial if you’re aiming for leadership positions. Your educational qualifications should focus on building a mix of analytical, research, and communication skills, as these are the backbone of a successful career in this field. Later you can also upskill by becoming a data scientist, and it can open more doors for you. Tools You Will Need To Learn As a market research analyst, you’ll need to know the art of upskilling. You can do so with various tools and software that streamline your work: Data Analysis Software: Tools like SPSS and Python are complex tools. Mastering them might take you years. However, you should still try to master it because it is great for running statistical analysis and handling large datasets. Survey Platforms: Software like Qualtrics, SurveyMonkey, and Google Forms help design and analyze surveys. CRM Tools: Understanding tools like Salesforce and HubSpot are essential for tracking customer data and trends. This ensures that market research analysts do not depend on guesswork. Data Visualization Tools: Tableau, Power BI, and Google Data Studio are crucial for presenting data in a visually engaging way. Competitive Analysis Tools: SEMrush, SimilarWeb, and BuzzSumo provide insights into your competitors’ strategies and their market performance. After all, you will need to know what others are doing for their customers. That is always a sign of a good market research analyst. Mastering these tools will enhance your efficiency and make your work more impactful. Life Of A Day Of A Market Research Analyst What does a typical workday look like for A Market Research Analyst? We will go through it step by step to have a better idea of their role as a Market Research Analyst. 1. Morning: Data Collection And Initial Analysis The day often begins with reviewing the latest data from surveys, focus groups, or market reports. Analysts spend the early hours gathering information that will guide their day’s analysis. 2. Midday: Deep Dive Into Analysis The core part of their job kicks in around midday. This is when they run statistical models, crunch numbers, and identify key insights. Meetings with product teams or marketing departments often happen around this time to discuss early findings. 3. Afternoon: Reporting And Strategy Discussions After the analysis, it’s time to translate data into actionable strategies. Analysts prepare detailed reports highlighting key trends and recommendations. Then, they might deliver a few presentations to senior management to guide their decision-making. 4. Late Afternoon: Market Monitoring And Competitor Analysis Keeping a pulse on market trends and competitors is crucial. Analysts usually allocate some time in the late afternoon to social media updates, reviewing industry news, and studying competitors' moves. 5. End-of-the-Day Planning And Strategy Tweet Before wrapping up, their main job is to refine strategies based on the latest social media insights and plan for the next day’s tasks. After all, without understanding whether your current plan is working or not. The final work would involve technical analytics, strategic thinking, and effective communication, which would also include talking to their team. How To Get A Job As A Market Research Analyst Getting your foot in the door as a market research analyst requires more than just the right degree. Here’s a practical guide: Start with Internships: Right after you have finished your bachelor's degree, many companies offer internships in market research, allowing you to gain real-world experience while studying. Create a Portfolio: Build a collection of your best work. Whether from academic projects, freelance jobs, or case studies. A strong portfolio can showcase your analytical and research skills. Get Certified: Professional certifications, such as the Professional Researcher Certification (PRC) or Google’s Data Analytics Certification, can give you an edge. Network Actively: Next, join industry groups, attend webinars, or engage in professional forums. Networking can open doors to job opportunities and keep you updated on industry trends. Tailor Your Applications: When applying for jobs, customize your CV and cover letter for each position. Highlight skills like data analysis, research methodologies, and strategic thinking. Best Career Options & The Potential Salary The field offers diverse career paths. Depending on your interests, you might specialize as: Consumer Insights Analyst: Focus on understanding consumer behavior and preferences. Product Research Analyst: Specializes in product development and testing. Brand Analyst: Concentrate on evaluating brand performance and strategy. Competitive Intelligence Analyst: Monitor competitors and track industry trends. When it comes to salaries, market research analysts can get a reasonably good salary, provided you have the skills to back it up. Especially when your analysis begins to work for a company and starts bringing in a lot of profit. Entry-level positions typically offer between £25,000 to £35,000 annually. With experience, salaries rise to £50,000 or more. For those in specialized roles or with advanced degrees, six-figure jobs are not uncommon. Final Note! The path to becoming a market research analyst combines curiosity, a knack for numbers, and strategic thinking. It’s about more than just crunching data; it’s about turning data into insights that drive real business results. Whether you’re just starting out or looking to advance in this field, there are plenty of opportunities for growth and impact in the business world. Especially with the advent of digital marketing, you will have enough opportunities in terms of SEO, and website data analysis. So, are you ready to dive into this world where data meets strategy? You could be the one predicting market trends and helping businesses shape their futures. Read Also: Crucial Aspects To Bear In Mind When Selling Your Business How To Execute An Effective Video Marketing Campaign How to Market a Small Business in a Big City?

Why DOOH Advertising Should Be A Part Of Your Multi-Channel Marketing Strategy

In today's hyper-connected world, consumers are constantly bombarded with advertisements across multiple channels. To effectively engage your target audience, it's essential to adopt a multi-channel marketing strategy that integrates various touchpoints. One channel that should not be overlooked in this approach is digital out-of-home (DOOH) advertising. With its unique ability to captivate consumers in public spaces, DOOH offers several compelling reasons why it should be an integral part of your multi-channel marketing strategy. Extended Reach and Increased Visibility: DOOH advertising provides an opportunity to expand your brand's reach beyond the confines of online and traditional media. By leveraging strategically placed digital displays in high-traffic areas such as shopping malls, airports, and transit stations, you can expose your brand to a larger audience. Unlike other advertising channels that are limited to specific devices or platforms, DOOH has the advantage of reaching consumers when they are outside their homes, making it an effective way to generate brand awareness and increase visibility. According to a study conducted by Nielsen, DOOH advertising has the potential to reach 90% of the population in some markets (1). By including DOOH in your multi-channel marketing strategy, you can tap into this vast audience and ensure that your brand message reaches a diverse range of consumers. Targeted and Contextual Messaging: DOOH advertising allows for highly targeted and contextual messaging, enabling you to deliver relevant content to specific audiences. DOOH networks often provide advanced targeting capabilities based on factors such as location, time of day, and audience demographics. This level of granularity allows you to tailor your messaging to resonate with the specific audience present at a given location, enhancing the relevance and effectiveness of your campaigns. For example, a sports apparel brand can display ads promoting its latest collection near gyms or sports facilities, targeting fitness enthusiasts. Similarly, a cosmetics brand can showcase its products in high-end shopping districts to attract its desired demographic. By leveraging the targeting capabilities of DOOH, you can ensure that your message reaches the right people at the right time and place. Seamless Integration with Digital Channels: DOOH advertising seamlessly complements your digital marketing efforts by bridging the gap between offline and online channels. With the rise of technologies like near-field communication (NFC), QR codes, and mobile integrations, DOOH campaigns can drive engagement by encouraging consumers to interact with your brand through their smartphones. For instance, a DOOH ad can display a QR code that leads consumers to a landing page or a mobile app where they can learn more about the product, make a purchase, or participate in a contest. By integrating DOOH with digital channels, you create a cohesive brand experience and increase the chances of converting offline interactions into online actions, ultimately driving customer engagement and conversions. Enhanced Creativity and Engagement: DOOH advertising offers unparalleled opportunities for creativity and audience engagement. With dynamic digital displays, you can deliver captivating and visually appealing content that captures attention and leaves a lasting impression. The ability to incorporate motion, animation, and high-resolution visuals enables you to tell compelling stories and convey your brand's message effectively. Moreover, DOOH campaigns can incorporate interactive elements such as touchscreens, motion sensors, and augmented reality (AR), enabling consumers to actively engage with your brand. These interactive experiences foster deeper connections, increase brand recall, and encourage social sharing, amplifying the impact of your marketing efforts. For example, an automotive brand can create an interactive DOOH display where passersby can virtually customize the features of a car and visualize it in real time. This hands-on experience not only generates excitement but also allows potential customers to interact with the brand in a memorable and engaging way. Measurable and Data-Driven Insights: Like other digital channels, DOOH advertising provides valuable data and insights that can inform your marketing strategies. Metrics such as impressions, dwell time, and interactions can be tracked and analyzed to gauge the effectiveness of your campaigns. By leveraging these insights, you can optimize your DOOH messaging, make data-driven decisions, and allocate resources more effectively. In addition to these basic metrics, DOOH can leverage advanced technologies for even more granular data. For instance, facial recognition technology can provide demographic information about the audience, allowing you to gauge the composition and characteristics of the viewers. This data-driven approach helps you understand your audience better, refine your targeting, and tailor your messaging to maximize engagement and conversions. Unique Brand Experiences: DOOH allows you to create unique and memorable brand experiences that are difficult to replicate through other channels. Whether it's a large-scale projection, a digital billboard takeover, or a stunning interactive display, DOOH enables you to captivate audiences and differentiate your brand from competitors. By providing immersive and innovative experiences, you can create a strong emotional connection with consumers, ultimately driving brand loyalty and advocacy. For example, a fashion brand can collaborate with an artist to create a mesmerizing digital art installation that showcases their latest collection. This visually striking display not only attracts attention but also associates the brand with creativity and innovation, leaving a lasting impression on viewers. In conclusion, digital out-of-home advertising should be an integral component of your multi-channel marketing strategy. By incorporating DOOH into your overall marketing mix, you can expand your brand's reach, deliver targeted messaging, seamlessly integrate with digital channels, foster engagement, gather valuable data, and create unique brand experiences. By leveraging the power of DOOH alongside other marketing channels, you can maximize the impact of your campaigns and effectively engage with your target audience in both offline and online environments. Read Also: What is a Digital Marketing Agency and What Can It Do For You? This Is Why Social Media Is Essential in the B2B Sales Process 5 Benefits of Digitalization in Marketing

How to find the best products to sell on Amazon and some examples

What can you sell online? It is obvious, that you can sell anything online. But here, selling online means to sell a product with a decent profit margin. To become a successful Amazon seller you need to find the right product that has high demand; low competition; and many other characteristics. Once you select a product that has all these characteristics, you can see a decent profit selling them. In this article, some of the ways of finding the best products to sell on Amazon are explained along with some examples. Table of Contents Finding the best product Manual methods of product research Automated methods of product research Popular and profitable products on Amazon 1. Finding the best product There are many ways by which you can find a profitable product to sell. This process of analyzing the current trends in the market and ending up with a good product is known as product research. Product research can be done in two ways namely manual product research and automated product research. These processes are explained below. 2. Manual Product Research This is the process of analyzing the current trends in the market manually through various strategies as follows. Checking Amazon’s bestsellers list – Amazon has its own listings of thousands of products as bestsellers categorized based on their niches. You can just go to this list and check what are all the niches and products that sell well. You can also go through those product listings to find out the special features and characteristics of a product that attracts more customers. The product reviews under each bestselling product will be the bible for you to shape your own product. If you just look at the bestseller list, you will get to see the products with high competition. So, you can go through the sub-categories to find more specific products with high demand and low competition. You can get excellent product ideas from this. Pinterest – Pinterest acts as a great platform for finding different product ideas. It may seem like a social media platform like Pinterest cannot help in developing product ideas. But it is very helpful in finding new products since millions of people are searching and uploading millions of pictures almost in all niches. You can just search your keyword and get thousands of product images to develop an idea from. Contacting your suppliers - If you have traded on Amazon already or you have a product supplier with you, you can get much information on the current trends in your niche. He will provide details about the movement of specific goods and products in that niche. This may help you in developing a product idea that actually sells. Spying on Competitors – Although it sounds like illegal activity, it is legal in terms of an online marketplace. You can look at the strategies used by your competitors; the keywords used by them; their customer service; and many more. You should not try to copy the exact strategies of your competitors since you may not have the same reach and capabilities of your giant competitors. Lookout for bestselling products on eBay – You can get product ideas by looking at the trending products on other e-commerce sites like eBay. 3. Automated methods of Product Research This includes the same processes of keyword research, competitor analysis, monthly search volume calculation, etc. But all the processes are automated using various free and paid tools available online. An example of automated product research is the use of Google trends. It helps to notify you of all the recent trends in the market along with various numbers and statistics. 4. Popular and profitable products on Amazon Some products are there known as evergreen products that will definitely make more money. These are the products with low cost of production; high demand; and high-profit margin. Some of these evergreen products are listed below. Books – Books are always a great product to sell online. Since the online market place is like an open library and the product is delivered directly to the residence of the customer, books are always high on sales. You can easily get books in bulk from any publishers and sell them online at your own price with a profit margin. Accessories and apparels – Although this category is oversaturated with millions of sellers providing the same cosmetics; jewelry; clothes; and accessories, this niche is always evergreen. It is because of the everlasting need for apparel and accessories in modern society. Toys and Games – Surprisingly, this niche is also one of the bestselling categories in the whole market place. Baby products and toys for both children as well as adults are another evergreen choice to be successful. Electronics – Although it is an evergreen niche, only authorized brands will dominate this niche. Read Also: Beginners Guide: How You Can Grow Your Biz With Amazon Your Review of Amazon’s FBA Wholesale Marketing Course