Video marketing statistics have been a breakout trend for more than a decade now. The rise in social media usage has contributed to the increase in the consumption of video content. As more people get drawn toward videos, marketers try to find new ways to make them more engaging.
Video marketing has countless benefits that can shape your business’ success. Incorporating video content in your overall video marketing strategy is key if you want to influence your audience’s understanding and get more web traffic, leads, and sales. This is your opportunity to realize a high return on investment for your business. There are plenty of ways your business can benefit from video.
The statistics below will show you just how critical video marketing is to your online business.
5. This year, viewers will spend 100 minutes every daywatching videos online. As brands increase video usage, consumers are inclined to watch more video content than ever before. There will be a 19% increase compared to the 2019 findings.
6. On average, viewers will spend 2.6x more time on a page with video content than without.
8. You can increase qualified leads by 66% using video while considering your sales funnel.
9. Video content boosts brand recognition by 54%.
10. Storytelling and promotional videos are the most created video content.
11. Explainer videos are consumed more. 94% of consumers watch explainer videos to learn more about products. Out of these, 84% are compelled to buy.
12. Due to the increase in remote connection in 2020, 62% of marketers still use webinars today. The number keeps increasing.
13. 91% of webinar marketers testify that webinar is a compelling video marketing channel compared to the rest.
14. YouTube is the second most viewed site after Google. Nearly 5 billion videos are watched on this platform every day. Upload your video content on YouTube and watch as your web traffic increase.
52. Social media posts attract 48%more views if they have video.
53. 57% of marketers utilize live video in their strategies. Most of them (34%) use the live streaming options from Facebook to allow their viewers to respond in real time. 13% of marketers use Instagram to build communities around their brands.
72. This is because 65% of viewers will skip online video ads when they land on a page.
73. Remember, 85% of videos on Facebook are watched without sound, while 60% of stories on Instagram have to be watched with sound.
74. 60% of viewers stop watching a video by two minutes, 45% after a minute, and 33% after 30 seconds.
75. 83% of marketers would continue to rely heavily on video marketing if there weren’t such obstacles as budget, resources, and time.
Takeaway
According to these stats, your e-commerce can grow faster with video. As you can see, video marketing is a vital component of your marketing strategy. Just observe the best practices (keep it short, with no autoplay, brand it, and focus on customer interest). When done right, a video marketing campaign will help you build highly targeted traffic to your site for a long time.
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