The rise of video content in 2024

Over recent years, video content has become increasingly popular. It is the most effective way to build your business and reach your intended audience. Advertisers and companies are continuously looking for novel methods to attract customers and distinguish out from the competition in the digital era, when people’s attention spans are short and data saturation is the standard.

Visual material works better to engage online audiences than written information, even if written content in the form of blogs, ebooks, and manuals is useful in some situations. Videos also stick out amid other visual material. Unquestionably, using video content in your advertising campaigns is crucial since it makes your company more visible online and makes difficult situations easier for consumers to understand.

According to research, In 2022, online video ad spending was about 75 billion dollars, with the US, China, and the UK accounting for the majority of this expenditure. Even after the pandemic, businesses still use social media and connected TV as effective strategies. Video is the most rapid content type in terms of information delivery for marketers. Short films are a useful tool for brands to rapidly convey complicated information to their audience. Because video content can easily be shared, advertisers have a great tool at their disposal to reach a broad demographic with their pitch.

Another important factor is it is very easy to create videos given the availability of online tools available, you can create a video in minutes. You don’t need to be an expert designer to produce impactful films for your advertising initiatives because the majority of these tools are simple to use.

Why videos are becoming popular?

• Videos are becoming the preferred content format because of how well they can convey a lot of details in a short amount of time. According to research, a single minute of video is equivalent to between 120 and 200 words on average. This suggests that a film that lasts around ten minutes may be created from a text that is 1500 words long.  Likewise, people would choose to watch a ten-minute video over reading a comparable-length text. Videos not only convey a lot of knowledge but also tell tales, that’s why people tend to remember them longer than challenging, factual data. Additionally, a study on video marketing reveals that 89% of 528 unique respondents acknowledge that seeing a video influenced their decision to purchase a good or service.

• Video content is given priority on social media sites since it scores better in analytics and gets more comments and shares than other media. The value of video format has been emphasized by the introduction of several video-centric features by platforms such as Facebook, Instagram, and TikTok. By producing engaging and enjoyable promotional films, businesses may encourage social media sharing, which expands their online presence and audience.

• Increasing customer trust is essential to increasing the rate of conversion and revenue. Brands may use video content to highlight the features of their offerings and establish a more personal connection with the audience they are targeting. Research indicates that 55% of shoppers view online videos while in-store to gain fast product knowledge and details. Brands may become industry leaders and win consumers’ confidence by producing reliable and informative videos.

• With over 5 billion monthly active users, YouTube is the second-biggest Internet search engine and a significant platform for discovering and consuming videos. Facebook, on the other hand, has a vast user base of over 2.8 billion active users per month and generates 8 billion daily video views, demonstrating its supremacy in the social media platform.

Using video content for marketing also helps firms become more credible, which is another reason it’s crucial. Credibility is an essential component of development, regardless of the size of your company or brand. Sharing the endorsements of actual clients who have used your goods or services is a fantastic method to establish your reputation. You may capture the happiness and absolute enjoyment of consumers who are satisfied with the things they purchase from your business by using video feedback.  Moreover, video content marketing boosts search engine rankings, which is another explanation for why it is essential. One of the best ways to rise in the search results is to make YouTube and Instagram videos that focus on the popular search phrases in your field of business.

Video is an effective tool to increase your revenue and with 77 Million, we will show you how. We are the best video marketing services company that caters to your needs and helps you increase traffic and captivate your audience.