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INTRODUCTION TO USE OF VIDEO ONLINE
Changing technologies have sourced paradigm shifts in the way companies used to do their business. Gone are the days when print media, radio and television were considered the only ways of reaching the masses. The internet evolution has caused a revolution especially in the fields of advertising and market-ing. Internet has become the most effective mode of communication and today millions of companies around the world are engaging in online business activities in one way or another.
Even the companies who do not have an online presence rely extensively on online adver-tising and marketing campaigns in order to reach to millions of potential consumers and create brand awareness and promote their products and services.
As internet is becoming the most extensive medium of communi-cation. Well focused and future oriented companies realize the potential of the “Interactivity” of the online medium and hence they are spending millions of dollars on online marketing.
According to a report published on the 13th of October 2010 on marketing-interactive.com; which states that:
“Although severe global recessionary pressures have affected the economies in the last couple of years, it appears that the recession doesn't exist on the web. This statement was based on the basis of report presented by the Interactive Advertising Bureau (IAB) and The Price Water House Coopers (PWC) which suggests that during the first half of the year 2010, advertisers spent US 12.1 billion dollars on the web, which is a record spending on online advertising for a half-year period. According to the report the online advertising spending climbed to 11.3% over the same period in 2009. That spree was fueled by a robust 6.2 billion US dollar in spending during the second quarter of 2010, marking the second-largest revenue quarter ever tracked by the Interactive Advertising Bureau /Price water house Coopers (roughly $6.3 billion was spent during last quarter of the year 2009).
Analyzing the results the report further highlighted the comments of David Silverman, a partner at Price Water House Cooper (PWC) maintained that despite an adverse impact of recession, the double-digit growth in both online search and display clearly suggests that the prospects for online advertising continue to be strong and it clearly indicates long-term growth in the future.” Visualizing the importance of online marketing and advertising, businesses are engaging into an incessant war to improve their visi-bility, drawing more and more traffic to their web sites. Online marketers and advertisers are constantly incorporating various tactics and strategies to attract the attention of the masses of visitors and stand out to their competitors. Hence there are several forms of online marketing through which companies can maximize search engine rankings online, one of which is Video Marketing.
Video marketing is defined as a marketing strategy use by companies to promote their products and services by using short, attractive and informative videos. The basic objective of developing and using such videos is to induce product or brand awareness in the prospective customers and entice them into purchasing the promoted products and services. It is also essential to note that video marketing is basically a strategy of marketing products through video as people sometimes confuse it with marketing the videos.
Communication through videos has always been the most efficient means of conveying your message successfully to your audience.
As it is a well-known phrase that “A picture is worth a thousand words”, video communication is a potential mode of communication to reach thousands of people. A visual presentation instead of textual material is not only attractive and visually appealing but also remains in the minds of the visitor for a long time.
This is why today video communication is getting more and more important and companies are trying to improve their marketing efficiency through video marketing and giving its importance this book is dedicated to give you, an in depth information about Video Marketing. If you want to become a successful online marketer and want to stand out of your competitors through incorporating effective marketing tactics by incorporating videos in your websites and other online sources than this book is essential for you and will help you explore not only the importance and the scope of video marketing but also it will help you to explore how to create and develop an effective, and ways to embed it in your websites.
Further we will discuss several tips and tactics that can improve the efficiency of your videos. Hence this book presents a complete outlook on video marketing.
SCOPE OF USING VIDEOS
Afamous Russian story writer and dramatist, Anton Chekhov once said that; “DON'T TELL me the moon is shining; show me the glint of light on broken glass”.
IT IS WELL-KNOWN fact that human brain always tends to visualize things whenever they read or see something, hence in order to communicate your message it is always important to remember that showing is better than telling. This quote is practiced well by expert marketers as effective marketing is also an art of showing not telling. As mentioned in the previous chapter that a picture message is worth more than a textual message. In an advertisement that is composed of text only, an online visitor has to go through the text, which consumes extra time and effort, in order to figure out the message conveyed. However, visual demonstration captures a viewer's atten-tion quickly and has the potential to create an impact on the minds of a viewer. This is the reason why many marketers either conventional marketers and/ or the online marketers prefer to use video clips in order to advertise and promotes their products well.
Also as it is a common knowledge that nowadays people enjoy searching the internet rather than to watch TV or to read newspapers, there is an emerging trend of increasing number of people turning to the internet in search of information. Even one of the major online icons Google recognized the importance of video marketing and recently bought out YouTube, the top video site on the Internet, which is one of the first sites that comes to mind when you want to do a video search for something. So bringing video into your campaigns is important to give your site a big boost.
As internet is becoming a globally preferred medium of communication and videos being the most efficient and attracting modes of communication, online marketers are extensively using internet marketing videos to attract high number of visitors towards their websites. Statistics reveals that there is an emerging scope of online video marketing as online video helps the businesses to reach to a wide range of best prospects instantly. According to the Interactive Advertising Bureau (IAB) and The Price Water House Coopers (PWC) report, ad spending on digital video enjoyed its best quarter ever, jumping 31 percent vs. the first half of '09.
Another report indicated that the year 2009, was definitely a year when online video boomed, as in the United States the total time spent watching online video grew up by 34.9 percent.
Hence, online videos are getting popular as it does not only enable you to reach the targeted customers across geographical boundaries and fetch maximum number of customers but also the associated costs are significantly lower. This expands the customer base of a company. Online marketing is therefore more cost effective than regular TV ads, simply because, it is not only the less expensive source to produce and disseminate your message, but also it makes customer targeting a lot easier too.
MARKETING THROUGH VIDEOS & ITS TYPES
By now you must be aware of the fact that effective video marketing is essentially important to get traffic to your web site and increase your bottom line profits. With the ever growing rate at which companies are getting online and introducing themselves on the web pages it is essential to do something extra to beat your competitors and stand out of competition. By adding an effective and attractive video can help you to grab the attention of the web surfer towards your web site. Now before getting into further details about how a video can help you optimize the search engine rankings of your web site and attract traffic, let’s first explore a few common forms of video marketing that will help online marketers to improve the efficiency of their online marketing campaign and multiply their bottom lines.
FORMS OF VIDEO Marketing
Video marketing can take a variety of forms. Especially in the today’s world of digital age and increased technology an online marketers have so many opportunities to take the advantage of video marketing. A few of the various ways through which a marketer can utilize videos to improve their profitability are listed below as follows:
• INCORPORATE VIDEO on your own website
The most popular and the most efficient source of video marketing is to add a quality video to your website. An informative and eye catching video will make you stand out of your customers and also help you to generate web traffic towards your own site. Videos on websites can vary for example a video testimonial can be uploaded, or an informative video on how to use a product, or videos on customer reviews can be uploaded to increase consumer aware-ness and your company can be viewed as more reliable company.
• VIDEO BLOGGING
Video blogging is similar to blogging with incorporating video messages instead of text posts. Constantly uploading numerous informative and interactive videos at regular time intervals on your blogs can help you generate potential customer towards your website.
• ADD VIDEOS on Popular video web sites or social media websites
Business Online marketers can add videos to increase their webbase and broaden their reach on various social web sites like Face book, Google video, to get your message viral. Also in olden days, usually television was considered the only possible option by business marketers when they think of video marketing; but today video sharing sites like YouTube have gained enormous popularity and have made it possible for business owners to reach a broad audience without incurring huge costs. Posting videos to Youtube is not only free but also you get permanent air time.