Growing a business can be challenging and fun, but sometimes it has an unfortunate side effect: more customers. With customers come revenue, and as a business you obviously want to avoid both of these things. Lucky for you, we’re here to help. Here are some warnings about the types of strategies that are known to attract customers so you know what to avoid.
You don’t live under a rock, so by now you probably know the power of online video. It raises a customer’s confidence in your company. It leads to dramatic increases in revenue.1 But even so, not all video is created equal. The videos that work in one industry might not be the best choice for another. So how do you decide which video marketing materials are best for you?
As technology evolves, so must our approach to advertising and marketing. To thrive in the face of competition, we must adapt or die. But what can we learn from our old ways?
When we move from one medium to the next, we can find valuable lessons within the reasons we adopt a technology in the first place. Let’s take a look at how media has evolved over time and how you can use these insights to hone your marketing strategy.
FOR IMMEDIATE RELEASE
Contact: Jon Nigbor, President, Media272, Inc.
Phone: (541) 386-7222
Shared economy reaches video production
3M, BP and other cutting edge companies share video production resources with customers.
Portland, Ore., April 16th, 2018 – 3M, BP and other cutting edge companies hire Media272 for their nationwide Win-Win video production sharing service. The Win-Win Videos program provides 3M and BP video testimonials from their customers, while also providing 3M and BP’s customers with up to three free videos.
With each passing day, video is changing the marketing landscape. According to Forbes, 75% of business executives watch work-related videos at least weekly. Merely using the word “video” in an email subject line boosts open rates by 19% and increases click-through rates by 65%.
So, how do we better leverage the power of video? Here are five tips to use video more effectively for your business:
As marketers, we must decide regularly how best to invest our resources. But how do we know which investments will pay off in the long run? What if we fail to seize a major opportunity when it presents itself? Often, we pass up the moment because we believe it’s “not for us” or not worth the risk. Rarely do we get the chance to take advantage of a new strategy before our competitors, especially one that has proven its value.
As we get into the swing of 2018, it’s important to pause and examine what’s changing in marketing — and boy are things are changing fast. Videos have become increasingly prevalent as a means of communication, from news feeds to emails and the homepages of websites.
However, this is hardly surprising when you look at the power they hold.
Consider, for a moment, the latest staggering stats. Worldwide, people watch an average of 5 hours and 45 minutes of online video weekly—a 34% increase from 2016, based on the results of Limelight Network’s “The State of Online Video 2017” consumer survey.
By 2021, a million minutes of video content will cross global IP networks every second, according to Cisco; at that rate, it would take you more than 5 million years to watch all the video crossing the network each month. And within 3 years, IP video traffic will account for 82% of all consumer internet traffic, per Cisco.
Over the last 7 months, Media272 has been happy to provide Rhino Linings with a series of Service Overview, Supplier Testimonial and Customer Testimonial videos as part of our Win-Win Videos package.
Rhino Linings, an industry-leader in heavy-duty protectants and outstanding customer service, understands the value of communicating their clients’ success to the world.
Starting with R.T.A.C. in San Diego and most recently at The SEMA Show 2017, Media272 continues to help Rhino Linings stand above their competition with dynamic video marketing clips and engaging customer testimonials, shot on-location with actual staff. Here are a few of our favorites:
– Austin J. Smith – December 2017 –
We’ve written before about the slow death of paper business cards, but people in many industries still find them useful.
It is interesting to note that despite a clear decline in paper card printing, business cards of any type still yield a 2.5 percent growth in sales per every 2,000 distributed. This is due to unique, eye-catching and techno-savvy advancements on the traditional business card model – most notably, the Video Business Card:
“Business cards are in decline, but the need for personalized business identity solutions is not,” said one Minnesota-based print supplier.
Let’s strip the business card down to its purpose: to convey your contact information and your brand identity in a memorable way, so potential clients will hire you to address their needs.
Consider how many new customers you can find online these days, rather than through face-to-face introductions. Whether a previous client refers you through email or a social media site, or you find their profile and reach out to see if your services could help them, there are a growing number of instances where physical cards don’t provide everything a consumer requires when making purchasing decisions.
They may have your contact information, but they don’t know who you are, what your business stands for, or who your clients may be.
This is where you can benefit from a video business card. It’s a chance to explain who you are and what you do, in a way that’s much more engaging than text-based communication.
You only have one shot at a First Impression – better make it count.
– Drew Estes, December 2017 –