The Facts About Social Video Marketing in 2019
Are you part of the conversations that matter to your customers?
The way brands acquire new audiences online has changed. It's no longer enough to scream for attention with ads that interrupt users, the new generation demands engaging content of value. This requires a radical new way of thinking on the part of marketing and communication teams.
The question these days isn't "how can we grab our share of attention?" it should be "how do we show up in the stories our customers are creating, consuming and sharing?"
It's time to join the conversation.
Producing high-quality live social videos is a powerful way to reach the most coveted demographic groups online. Featuring people that they trust and topics they're passionate about, these videos engage audiences who tap into the power of social networks to amplify and distribute.
And if you can insert yourself into those videos in a way that's organic and feels authentic to viewers?
Well, that's what we'd call a win-win.
2019 Marketing Trends Impacting Social Video
Video is eating the world
Ads are a major turnoff
The web is drowning in content
Audiences demand authenticity
If video isn't already part of your marketing mix, here's why it should be:
- By 2022, online videos will make up more than 82% of all consumer internet traffic (15x higher than it was in 2017!)
- Every minute, 72 hours of video are uploaded to YouTube.
- One billion hours of video are watched daily on YouTube. Yes, billion with a 'b.'
- 84% of millennials explicitly state they do not like advertisements.
- 58% of millennials, however, don't mind sponsored posts supporting their favorite channels.
- 65% of users skip online video ads as soon as possible.
- 53% of users report engaging with a brand after viewing a video on social media. For millennials, that rate jumps up to 66%.
- 20% of consumers want to see more entertaining ‘viral' style videos from brands.
- Social video generates 12 times more shares than text and images combined.
- People spend 3 times longer watching a live social video compared to one that has been prerecorded.
- 51% of marketing professionals worldwide name video as the type of content with the best ROI.
Our takeaways? Invest in video content that actually wins new customers.
Content that connects serves the desires of your audience, not the desires of your brand.
The proliferation of media and videos means it's a consumer's market. If you don't tell stories audiences want to hear, you'll get buried, blocked and unfollowed. Users have a goal in mind when they go online. Instead of barging in the way and interrupting them, create content that is the goal.
Brand videos that go viral are the ones that inspire, educate and entertain, not the ones that shout "Look at us! We're awesome."
The marketers who succeed in this brave new world of video know how to engage audiences on their own turf in a way that's genuine and feels organic. They also know how to tap into the moment - and, by the way, live video is an excellent way to do that.
Conversations online move at the speed of light and audiences don't want to hear about something after the fact - they want to be the first to know and be there as the story unfolds. Why spend thousands on a slick promo video if it's going to take weeks or months to produce and your audience has moved on?
Quality content doesn't mean something perfectly produced and packaged. If you have something interesting to say, all you need to create quality content and connect with your audience is a smartphone (and maybe some decent lighting).
Audiences will happily sacrifice production value for content value.
In fact, audiences nowadays prefer something raw and unvarnished. Partly this is pushback against advertiser driven ideals of perfection, but also - this is the type of video digital natives are creating and sharing amongst themselves!
In the end, though, it all comes down to your marketing goals.
Want to increase engagement on your website and landing pages? Then, by all means, produce that slick promo video. Want to improve conversion with client testimonials that talk about why you're the best at X, Y & Z? Awesome, nothing builds trust like social proof.
These types of video should be important arms of your strategy, but what's often missing is content that puts brands in front of a new audience.
So how do you do that?
If you want to grow your audience, you need to be where your customers are or create the space they want to engage in
Get to know your customers, dive into the topics they're talking about and explore the channels they're having those discussions on. If you can meaningfully contribute to those conversations, you're delivering on the fundamental essence of content marketing.
Creating brand awareness and building trust by providing value, entertainment and insight.
It's all about being part of the conversation!
Our Tips for Creating Engaging Videos
Live videos don't just get higher engagement on social media, they tap into the moment to create real buzz and energy. Make people feel like they're a part of something exciting and they will give you love.
Keep It Bitesized
If your goal is to succeed on social media, shorter videos are more easily digested and most likely to get shared on. Save the longform content for elsewhere.
Talk To People
The easiest way to capture an engaging story is to let somebody tell theirs, that's why our interviews perform so well. And, with every person you interview (and tag!) you're tapping into social networks and the potential of influencer marketing.
Audiences online, especially the aspirational millennial generation, want to be uplifted and inspired. Even if your goal is to educate, make it fun. We call this magic, "edutainment."
Join the conversation with BeachCity Media.
If you're looking to reach an aspiring audience of Gen Z and millennials with an interest in innovation, entrepreneurship, technology, and the future of work you're in luck.
BeachCity is traveling to Asia's most exciting innovation hubs to share inspiring stories of entrepreneurship to a global audience. We're offering sponsorship opportunities to brands that want to lead the conversation with us.