Why Video Content is a Must in Digital Marketing Today

Why Video Content is a Must in Digital Marketing Today

In the current landscape, the dominance of digital video over traditional television marks a pivotal shift, signaling an evolution in consumer preferences and media consumption patterns. For the first time in 2022, Americans spent more hours watching videos online than they did watching traditional broadcast television, underscoring the monumental role digital platforms play in everyday entertainment and information gathering. This transition highlights the adaptability and preference of modern audiences for on-demand, versatile, and interactive content that digital video offers.

Beyond entertainment, digital videos have become an indispensable part of education, professional development, and social interaction, weaving themselves into the very fabric of communication and learning in our society. The ease of access to a vast array of content, coupled with the ability to consume it on one's own schedule, aligns perfectly with the fast-paced and mobile-first lifestyle of today’s population. As a result, digital video not only serves as a primary source of entertainment but also emerges as a crucial tool for information, instruction, and influence, effectively reshaping how we connect, learn, and engage with the world around us. The ascendancy of digital video signifies more than a change in viewing habits; it reflects the broader digital transformation that is redefining the cultural and technological landscape of the 21st century.

We spend 3 hours everyday watching videos 

The realm of video content is no fleeting trend; it's where your audience is dedicating a substantial portion of their day. Statista's insights reveal a telling pattern: U.S. adults are now spending an average of three hours daily engrossed in video content, a testament to the medium's magnetic pull and pervasive influence in daily life.

Further illuminating this shift, DataReportal's 2023 report underscores that the average social media user invests approximately 2 hours and 24 minutes per day navigating social media platforms, where videos often dominate the content landscape. This intersection of video consumption and social media engagement is pivotal, especially considering that around 60% of the global population are active social media users.

Video content offers the highest ROI for marketers

These statistics are not just numbers; they represent a clear signal to businesses about where to focus their marketing energies.

  • 92% of video marketers reported that video gives them a positive ROI (Wyzowl, 2024)
  • 56% of marketers reported that short-form video was the top trend they planned to invest in in 2024 (Hubspot, 2024)
  • 96% of people say they watch explainer videos to learn more about a product, and 89% report having been swayed to purchase (Hubspot, 2024)
  • 67% of marketers say that sharing social videos on platforms like YouTube, Instagram, or TikTok has the biggest ROI of any marketing strategy (Hubspot, 2024)

Investing in video content is not merely an option; it's a strategic imperative to ensure your message resonates in the spaces where your audience already spends a significant chunk of their attention span. As a business owner, recognizing and responding to this shift can transform the way you connect with customers, optimize engagement, and navigate the digital marketplace. Engaging with video content positions your brand squarely in the daily lives of your audience, making it an indispensable tool in your digital marketing arsenal.

Which format offers marketers the highest ROI (top 5)

Create videos to build connection and credibility   

The strategic incorporation of video content transcends traditional engagement tactics, establishing a profound connection and credibility with audiences that is unparalleled. Research underscores the unique capacity of video to forge an authentic bond between brands and their consumers. For instance, studies reveal that viewers retain 95% of a message when they watch it in a video compared to 10% when reading it in text, highlighting the impactful nature of visual storytelling.

Real-life examples abound of brands leveraging video marketing to remarkable effect. Take, for instance, a local bakery that introduced behind-the-scenes video tours and baking tutorials on social media. This approach not only showcased their expertise and the quality of their ingredients but also fostered a sense of community and transparency, leading to a significant uptick in customer engagement and sales. Similarly, tech companies employing customer testimonial videos have seen conversion rates soar, as prospective customers find reassurance and trust in the experiences of their peers.

Imagine a real estate business harnessing the power of video content to transcend traditional property listings, offering potential buyers an immersive viewing experience from the comfort of their home. By crafting virtual tours that showcase the beauty and intricacies of each property, this business not only elevates its listings above the typical static images but also instills a sense of trust and transparency with its audience. These virtual tours, combined with personalized video messages addressing FAQs and providing buying tips, forge a unique bond between the realtor and the prospective buyer. 

This approach does more than just present properties; it conveys the realtor’s commitment to providing valuable, accessible information, thereby building credibility and a connection that static images or text alone cannot achieve. Through this strategic use of video content, the real estate business optimizes its operations by engaging with a wider audience, offering them a comprehensive view of their potential new home, and paving the way for a more informed, confident purchase decision. This scenario illustrates the indispensable role of video content in not just capturing attention but nurturing a deep, meaningful relationship with the audience, marking it as an essential component of modern digital marketing strategies.

Get started! Capture leads with video content

These instances are alarming about the transformative potential of video content in building a compelling brand narrative. By vividly bringing to life the essence of products and services, video content not only informs and entertains but also deeply resonates with viewers, cultivating a loyal audience base that is more likely to convert and advocate for the brand.

In an environment where capturing and maintaining the attention of qualified leads is increasingly complex, video content offers a unique avenue for nurturing prospective customers. It brings to life the features and benefits of products or services, encouraging viewers to envision themselves reaping those benefits. Furthermore, this versatile medium supports clients beyond the typical business hours, providing round-the-clock access to information and resources that can assist in the decision-making process.

Embarking on the journey of incorporating video content into your marketing strategy is both an exciting and strategic move. Click to read our guide to Maximize Your Video Marketing Strategy.