Explainer Videos Provide Maximum Return on Investment
Explainer videos are short online videos created to promote and explain a company, service or product while engaging viewers. Professional videos that are designed with engagement in mind capture an audience’s attention and are more successful at delivering their message than regular word content because humans absorb more information and remain engaged longer when several of their senses are used at one time to process information.
One of the reasons explainer videos have become wildly popular is because they produce high conversion rates. Studies have shown that 85% of consumers are more likely to purchase a product or service after watching an explainer video because they have a better understanding of what they are buying. Other studies have shown people will watch an explainer video two or three times when it is done well and will share the video with their peers if they find the information useful.
What Makes a Great Explainer Video?
A great explainer video is comprised of three main components that are designed to stimulate the senses as the information is being delivered: Entertainment, motion and information. By creating a professional video that is able to entertain your audience while delivering the who, what and why of your business, product or service while incorporating motion you will set your explainer video apart from the masses.
More than just relaying information in an entertaining format, great explainer videos will evoke an emotional response in your target audience and influence them to take action. In a survey conducted by Forbes, 52% of high-level executives said they were influenced to make a purchase after watching a great explainer video because they felt they understood the product or service and were compelled to make the purchase.
Benefits Beyond Conversions
High conversion rates are the obvious benefits to great explainer videos but there are others that are not immediately apparent. Websites that include video in their content consistently place higher in search engine rankings. Dated websites that feature endless text and images consistently perform lower in search results than sites that incorporate engaging video content. Videos also help lower your site’s “bounce rate” (viewers that click onto a page in your site and leave immediately) because they tend to hold the viewer’s attention, which also contributes to higher search engine rankings.
A great video will maximize your exposure as people view it and share it across their social media platforms or with people they believe will benefit from seeing it. Think of how many videos you have heard of going viral, meaning an exploded number of views in a very short time period. Those videos have provided immense exposure for the companies that created them.
Finally, explainer videos are an easily measured marketing device. You can quickly determine how many people are interested in your product or service by monitoring the number of views your video receives. Building your marketing platform around these products and services will greatly enhance your sales.
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