PivotPath

[Video] Top Three Reasons to Use Video Marketing

Video marketing has many great marketing benefits, but what grabs the attention of your audience? We spend the majority of our time on our phones, the internet, or watching television. Gifs and videos are all around us, on TikTok and Instagram stories, capturing our attention and shortening our attention spans. It is hard to escape the virtual world we live in, so might as well let it help your business.

Here are the Top Three Reasons to Use Video Marketing in 2021:

Growing Revenue with Extra Exposure

Companies put a focus on revenue within their company to determine their goals for the business. If they see a decrease in revenue, then they will make changes in their marketing style. Marketing teams have seen a growth in revenue with video marketing due to the access of videos within our society. People spend their time on social media platforms, with videos popping up on their feeds throughout the day, and often share interesting videos with their circles of influence. Studies show that 48% of people said they’d be most likely to share video content with their friends.

In addition, social media algorithms now recognize and acknowledge videos (like Instagram Reels) much more than standard posts, which can increase your brand’s visibility and reach. Unfortunately but fortunately, the more videos you have, the more likely social media channels are going to direct people to your page(s).

Increased Traffic to Your Website

Tailing off of the first reason, the main reason companies put a focus on marketing is to increase traffic to their website and business. Companies can do this in several ways, such as newsletters, blog posts, social media, and more.

However, According to WordStream, viewers retain 95% of a video message compared to 10% in text. Organizations need to take a look into what type of marketing tactics they want to use to attract their targeted audience(s). The average user spends 88% more time on a website with video. Customers may not read the newsletters or emails, but they could retain most of the information from the video. 

Increasing Traffic

Search Engines for Videos vs. Posts

When companies plan their marketing, they want their company to be the first name that pops up on the search engine rather than their competitor. Studies show that Google owns YouTube–they love ranking their own site in number one slots. Videos tend to be the first links to pop up rather than a blog post due to the rankings. According to Mollica Films, You’re 53 times more likely to show up first on Google if you have a video embedded on your website. The best way to do this is with gifs and video marketing.  You can pair a blog post with a video for a better marketing strategy (like we’ve done).

Search Engine Benfits

Video Marketing is not a new strategy but definitely one that every company needs to try. Need help with your video production but don’t know where to start? Contact us at PivotPath for assistance from start to final product.

Check out some of our video productions over the years:

European Union Delegation to Sierra Leone

CDC Federal Credit Union

 

 

 

CDC Federal Credit Union

CDC Federal Credit Union

CDC Federal Credit Union was chartered by a small group of employees from the Centers for Disease Control and Prevention (CDC). It is a full-service financial institution serving those who live, work, worship, attend school or volunteer in portions of DeKalb, Fulton or Gwinnett Counties. PivotPath created an effective marketing strategy to ensure financial stability for CDC Federal Credit Union.

Video created by PivotPath

cdc fcu welcome board (1)
welcome board
Interior with orange fridge 3D illustration

Summary:

The CDC (Centers for Disease Control) Federal Credit Union is a long standing financial institution that wanted to reestablish and better understand the lending needs of their constituents causing a loss of market share.

About the Client:

CDC Federal Credit Union has been open since 1949. It is the 13th largest credit union in Georgia with assets totaling $341.72 million and providing banking services to more than 20,000 members.

The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups, but primarily serves federal, state, and local government employees. Membership is also open to immediate family of current members. PivotPath has been providing the CDC FCU with marketing services since Dec 2019.

The Challenge:

The CDC Federal Credit Union had lost touch with the needs of their members, causing their membership to drop drastically. The credit union was unable to market effectively as they had lost insight as to the financial and banking needs of their members, thus causing them to look elsewhere for services.  

The Solution:

PivotPath conducted focus groups and individual interviews with staff, members and non-members from the community. The insights revealed from this research aided PivotPath in developing a marketing strategy for the credit union. PivotPath was also contracted to coordinate the credit union’s grand re-opening. Unfortunately, due to the COVID-19 pandemic, the event has been postponed.

In an effort to keep the Credit Union’s brand visible, PivotPath continued its partnership with the CDC FCU by developing a “Welcome” video for new CDC Employees who are currently unable to receive face-to-face Credit Union orientations due to the pandemic. This video animation serves as a great way to communicate to new employees, and reestablishes the Credit Union’s mission to make a positive difference in our communities.

The Results:

CDC Credit Union realized a flourishing lift in membership numbers with a strategy and new marketing plan based on PivotPath’s research of customer insights. 

Copy of cdc fcu magnet image

Discovery what your targeted audience believes about your brand. Contact us to find out how.