Category: Programmatic Video

Short-form video marketing is becoming increasingly important for brands to reach consumers. Online video consumption has been growing steadily year over year. In fact, the average person spends over 100 minutes per day watching online videos.

Short-form videos are what consumers want to watch – whether on TikTok, Instagram Reels, YouTube Shorts, or Snapchat Spotlight. The social media giants know this and have shifted their algorithms to prioritize users who utilize these features.

Keep in mind – each social media platform has different placement options and nuances. One video asset copied and pasted on every channel will likely be ineffective.

Find Your Hook

Whether you’re using display video or paid social media, short-form video increasingly wins the day. One study found that attention spans last an average of eight seconds, so getting your brand and message across in an “elevator pitch” increasingly is becoming the norm. 73% of people want to see “entertaining” videos on social media so your content needs to hook consumers immediately.

Are you capitalizing on the benefits of video advertising?

Programmatic video advertising is growing rapidly. Many growth brands are seeing the benefits of incorporating this highly engaging medium in their marketing mix.

However, there are still those who are unwilling to make the upfront investment to create these assets, fearing it requires too much money and too much time. That’s understandable, especially for brands operating with a very lean marketing budget.

Coegi’s Director of Marketing, Elise Stieferman, shares three reasons why your brand should avoid leaving video out of the marketing strategy:

To summarize that video, there are three reasons why brands are missing out if they aren’t leaning into video advertising.

#1 Video Drives Incremental Sales

It may not seem blatantly obvious, but brands are actually losing out on sales if they aren’t investing in video. Historically, video has been seen as an upper funnel tactic. It’s all about awareness and gaining brand rapport. This can be true, especially for a longer form video where you’re telling a story. But videos are also very integral to building consideration before purchasing a product. Sometimes, it even leads to the end conversion.

This is especially true of short form videos. I know a lot of people are afraid of six-second videos not being effective. However, that’s the way digital is going these days. Obviously, there’s a lot of things trying to grab consumers attention, especially on social media. So brands have to quickly explain the value of the product and compel action. 

Video advertising is a more personal way to connect with the consumers. It’s more impactful in a lot of ways than a display ad. Those are simply static banners, whereas video is compelling you to stop, pay attention and consider the next steps 

#2 Video Improves the Customer Lifetime Journey

The second thing brands should consider is the customer lifetime journey. Video can build greater affinity. This is especially true for people who already know your brand. It’s easy to pivot to other brands with a similar offering, especially if it’s lower cost. But if you use video to build connection and affinity, it will be positive for your brand.

Another thing to consider is how you can use video to educate the consumer. Think about creating useful how-to videos. Help them visually see the value in investing in your brand. Then, there’s the excitement around generating new leads for your brand using video. 

But there’s also the consideration of building repeat purchasers. For example, serving videos that highlight different products to upsell or compliment their existing purchases. There’s no better way to do that than this very highly engaging medium.

#3 Video Increases Brand Recognition

Lastly, video can generate buzz around your brand. Of course, people appreciate reading reviews online. But when you think about platforms like TikTok and YouTube, video is really what’s capturing attention. It’s a very shareable medium. If you want to go viral and create a moment for your brand, video is the way to go. 

Video can seem expensive. But it doesn’t have to be high production quality. It can be user-generated content that comes from your iPhone that’s six seconds long and that even feels more authentic on social platforms. 

The longer we wait to dip our toes into the water, the further behind we’re going to be for our brands. Now is the time to invest in video and understand you are going to get that return. It may be a longer journey before you see that investment come back, but it ultimately will feed into your bottom line.

Now that we know the benefits of using video, let’s explore how to maximize the impact of your video ads.

“Humans are incredibly visual and powerful, moving images help us find meaning…video helps capture and contextualize the world around us.”

– Dan Patterson, Digital Platform Manager for ABC News Radio

Digital video consumption is on the rise and forecasted to reach $12.66B by 2024. How are marketers adapting to changing consumer trends and creating better performing video content?

Recent studies show that the increased ad spend towards digital is a worthy investment as video is the #1 preferred content form to see from brands on social media. Additionally, video has major down funnel implications. 71% of consumers report purchasing a product or service after watching a brand’s video.

Compiling a quick video and using it across all channels, however, is not a strategy that drives results for businesses. Consider where and how long you have your audiences’ attention. This will help you avoid wasting the resources and budget you have dedicated to high performing video content. Your videos must also be intentional, authentic, and targeted to resonate with your audience.

3 Tips to Improve Your Video Marketing Content:

#1 Remember time is money

With the recent popularity of short-form video formats like TikTok and Instagram Stories, conversions are now outperforming longer-form video. Brands have mere seconds to capture their audiences’ ever-shortening attention. According to a report by Analytic Partners, this shift has translated into much higher ROI for 6-second videos (127%) than it does 30-second videos (58%).