Think with Google recently posted the article New Data Shows Online Video Ads Drive Consideration, Favorability, Purchase Intent, and Sales. We’ve already seen motion as a medium in the rise and growth of Periscope, Facebook Live Video, Instagram Video and Vine. Not to mention YouTube continuous growth – with a ROI that is higher than on TV in various categories. In the article, Google shares data from two recent studies that shows just how much YouTube can move the needle on brand metrics across the consumer journey—from consideration and favourability to purchase intent and sales.
According to a survey conducted by Nielsen, 64% of marketers plan to increase their focus on video content. Brands and marketers have reason to embrace video, not only because it allows them to have a stronger connection with their audience, it’s also proven to have higher engagement. In other words – in 2016, video needs to become a bigger part of every company’s content and marketing strategy. Now’s that time to start thinking about reallocating your digital marketing budgets.
So should you do video marketing? The answer is probably yes.