Business Marketing

2023 Business Marketing Predictions With Strategist Zontee Hou

What will happen to marketing in 2023?

I had the opportunity to sit down with Zontee Hou, President and Chief Strategist at Media Volery, to talk about what she sees as the future of marketing in 2023 and beyond.

Zontee Hou is a passionate marketing advisor and speaker. She’s the founder of digital marketing agency Media Volery and Director of Strategy for Convince & Convert, founded by industry leader Jay Baer.

What is so striking about Zontee Hou and her work is that she lives the premise that the measure of great content is results. Content has to serve the customer before it serves the company, and Zontee is truly one of the best in the world at making this happen,” offers Jay Baer, ​​bestselling author of six marketing books.

Hou brings over 15 years of experience in the marketing industry to her work with brands ranging from the IMF to Fidelity to Caesars Entertainment. She was one of LinkedIn’s 16 Marketers to Follow in 2021 and she’s consistently named one of TopRank’s most influential content marketers and top B2B marketers.

“Zontee Hou guides our clients to content marketing excellence through expertise and precision. She takes a customer-centric approach which allows clients to be future-looking and confident in the strategic direction,” suggests Kelly Santina, President at Convince & Convert.

Hou has been a faculty lecturer at Columbia University and adjunct lecturer at the City College of New York. And in a previous life, Zontee was also a podcaster, a crafts and hobbies personality, and has been seen on PBS and the Martha Stewart Show.

She shares how content consumption is converging, how brands can use content to achieve their goals, and the most important thing to remember about an audience.

Goldie Chan: You are immersed in the marketing world every single day. So I’d love to hear what you think will be the trend for the next year for 2023 or maybe even 2024.

Zontee Hou: It’s no secret that AI is changing the way we not only create content, but also how we parse and digest information at scale. We are at a moment when it’s possible for even small companies to access big data with relative ease and truly learn about their audiences. For example, you could go on ChatGPT and ask what’s most important to nurses when choosing the right shoes to buy or what Millennial pet owners value most in their pet insurance. The tool will summarize some of the most common considerations for you and give you context for each.

That fact, combined with the fact that customers rate personalization and emotional connection as vital to their customer experience expectations, means that content marketers must create messaging, content and resources that speak to our audiences’ specific needs and considerations. If your messaging and content don’t speak to particular psychographics, consideration stages, or past customer interactions, you’re missing out. That’s what my talk at this month’s MarketingProfs’ Shakeup B2B Virtual Conference will be about.

Whether you’re a B2B or B2C company, personalization and emotional resonance based on your audience’s unique situation has to be at the center of your marketing and your customer experience.

Chan: What made you interested in getting into marketing?

hou: My first job out of college, I worked in the marketing department for one of the biggest craft companies in the US, So I was in first wave podcasting, I had a top 10 crafts and hobbies podcast on iTunes from 2007 to 2013. I mean like really early podcasting. We were doing influencer marketing before there was a term for influencer marketing. We pioneered online virtual “make-along” events. It was a real opportunity to become grassroots in the world of content marketing before it was really a discipline—that shaped the way I look at content marketing now.

Because even though most of the work that I do is as an agency owner and a consultant, I’m really knowledgeable about how to actually create that content on the fly, with not much of a budget. So when I work with companies, I’m always talking to them about how we can really get the most out of that content to achieve their business goals. The reason that I really enjoy content marketing is that it’s about speaking to people in a way that’s truly valuable to them and focusing on their motivations, their behaviors, their needs.

Chan: How do you like to think about storytelling and how does it fit in with the content and the customer journey?

hou: What’s absolutely essential is that our content and our storytelling have to be audience-centric. If we’re not making the audience the hero of the story and then positioning the brand as a trusted advisor or a resource to the audience, then we’re really doing our audience a disservice because they don’t want to hear a story where the brand is the hero. That’s not interesting to them. That’s an advertisement. There is no value in content that does that.

There are so many brands that still don’t get that, and that drives me absolutely crazy because that content will never be something that people would share and pass along to someone else. People want to share and pass on information that serves them, that they relate to, that they identify with, that they see themselves in, that helps them to achieve something.

In addition to telling an audience-centric story, I also think it’s important for companies to think about how to measure their storytelling and customer journey. Data helps us tell a stronger story internally about what works and what doesn’t. It also helps us connect the dots about what resonates with our audience. If you’re not thinking about how the audience behaves based on what they’ve seen, heard, and touched, then you’re missing an opportunity to help them get more out of the brand relationship. Again, it goes back to this idea of ​​personalization—customers want to engage with brands that understand where they’ve been and where they’re going next.

4 Subscription Marketing Mistakes to Avoid

Opinions expressed by Entrepreneur contributors are their own.

The subscription economy has been on the rise and will only continue to grow. With the global subscription eCommerce market expected to exhibit a Compound Annual Growth Rate (CAGR) of 65.5% between 2023 and 2028, it’s not a surprise that so many businesses are looking to pivot to the subscription model.

But in addition to creating opportunities, the subscription economy spike is also causing some challenges for DTC founders — namely, in one area: competitor differentiation. That’s why effective marketing is so important for the growth of subscription brands. And while there isn’t a one-size-fits-all subscription marketing strategy, there are a few common mistakes that ecommerce brands would be wise to avoid.

Related: How to Identify and Launch a Subscription Model in Your Existing Business

1. Taking a set-and-forget approach to subscriptions

One of the biggest mistakes subscription brands make is jumping to marketing techniques before considering exactly how you want to go to market with your subscriptions. In other words, a set-and-forget subscription model will sabotage any effective marketing strategy. So strengthening your subscriptions is a wise place to start to lay the foundation for impactful marketing.

There are so many options for brands to tailor their subscription programs directly to their customers’ lifestyles and their products’ intended use. This could be a build-a-box, giftable, sequential or prepaid subscription, to name a few.

Assess the needs of your subscribers and how your product is typically used to choose the strongest subscription offering that adds the most value to your customers.

2. Not designing a subscription-optimized PDP

Your PDP (Product Detail Page) is a very important part of your eCommerce website, as this is where consumers can directly engage with your product and decide if they want to buy it. The PDP is also where consumers can opt to subscribe — making it a stellar (and logical) spot to promote your subscription program. A costly mistake DTC brands make is creating a PDP that doesn’t effectively display the subscription offering or its related benefits.

There are myriad ways that brands can optimize their PDP — whether it’s by strategically setting subscriptions as the default, clearly displaying savings with a strikethrough, or illustrating the many perks that consumers can access by subscribing. It should be blatantly obvious to consumers why they would benefit from a subscription.

Related: More Restaurants Embrace Subscription Model to Drive Revenue and Retain Customers

3. Underestimating the post-purchase journey

An essential component of subscription marketing is knowing when and how to promote your subscription offering — and it’s a common mistake for newer brands to miss out on optimal chances, particularly after a consumer has made a purchase.

Two obvious cohorts to target are one-time and repeat buyers who have yet to subscribe. Leaning into this subgroup by sending an informative email that outlines the many perks of subscribing can work wonders to grow your subscriber base.

However, communicating with current subscribers — not just one-time buyers — is where the real post-purchase journey can happen. This is a significantly unique component of subscription marketing; it’s equally crucial (if not more so) to advertise to your current subscribers rather than just focusing on acquiring new ones. Forgetting about your most loyal audience is extremely costly; after all, returning customers spend about 67% more than new customers.

Building out a robust customer account portal complete with referrals, loyalty rewards, trending upsells, and exclusive discounts is only one step in maximizing engagement, as you have to ensure that your subscribers are aware of and participate in these engaging touchpoints. Once you have your account portal set up with the LTV-driven features you want, it’s important to lean into messaging that brings subscribers into the portal as much as possible.

One strategy is to invite subscribers via email and SMS messaging to visit their account portals by sending a direct link. Then, in conjunction with this, many brands also choose to send an educational email to inform their audience of the many ways to engage after they’ve subscribed.

4. Keeping Email/SMS marketing impersonal

Your email/SMS strategy is a chance to get highly creative and lean into personalization; it’s not just an outlet for promotions, which is a trap many brands fall into. Some founders are wary of playing up personalization for fear of invading privacy — but most consumers are actually seeking and expecting this kind of individualized treatment from their brands.

83% of consumers reported that they were willing to share information in exchange for a more personalized experience, and 88% of organizations that implemented a personalized approach saw a meaningful increase in sales. In other words, eCommerce businesses that fail to capitalize on this dynamic are missing out on a prime opportunity.

Personalized marketing can vary depending on the type of business you run — but here are some general campaign ideas:

For SMS, this might look like:

  • Notifying subscribers about new products they may like
  • Sending a personalized birthday message with a special perk
  • Sending out order-tracking messages and giving subscribers a chance to manage subscriptions directly in the text thread

For Email, this might look like:

  • A more casual check-in is sent to engaged subscribers to encourage reviews
  • An interactive survey or quiz to collect zero-party data (which can be used to further personalize future messaging)
  • An informative newsletter with recent brand updates, including a “you may like” product recommendation section

Level Up Your Presentations With Cutting-Edge Immersive Technologies

By Vikas Agrawal, co-founder at Infobrandzan elite team of visual communication experts taking content marketing to the next level.

Immersive technologies create a sense of presence in a simulated environment or augment the real world with digital elements. They are being increasingly used to create immersive presentations for entertainment, education, training, communication and marketing. And that’s not surprising. Immersive technologies can make presentations gripping and engaging while simplifying complex or abstract concepts manifold.

This is reflected by the global immersive technology market size, which was valued at USD 21.66 billion in 2021 and is expected to grow exponentially to an impressive hit of USD 134.18 billion by 2030.

So what are immersive technologies, how do they work and how can you apply them to amplify the effectiveness of your presentations? As co-founder of a visual marketing agency, I’d like to share my top six immersive presentation technologies.

Augmented Reality (AR)

Augmented reality overlays digital information or objects on top of the real world, enhancing the user’s perception of reality. AR can be used for presentations that need to add context, detail or novelty to the physical environment. It is usually remotely accessible with just a mobile device, making it a hugely popular immersive presentation medium.

AR typically requires a mobile device with a camera, while some specialized applications may require specific AR glasses.

You can use AR to show the audience how a product works, how a building would look, how furniture would look in their home or how wearable accessories would appear on them, among other applications.

360-Degree Videos

360-degree video captures the entire scene from all angles, allowing the user to look around and choose their own perspective with the use of a headset or touchscreen. It creates a highly realistic and detailed experience by encompassing the entire environment.

This medium can be ideal for presentations that want to immerse the audience in a different location, culture or situation such as a travel destination, a real estate property or a personal story.

Interactive Presentations

In my experience, interactiveness is the key to engagement with your audience, and interactive presentations leverage this perfectly by including elements like hyperlinks and hotspots to create an engaging and personalizable interface. They also include audio, video, charts, surveys, navigation and transitions that are controllable by viewers.

Interactive videos require displays with touchscreens or other controllers like a mouse. They are usually also accessible on mobile devices, and this makes them convenient for remote presentations.

Interactive presentations can be used in various settings such as education, business marketing and healthcare to engage audiences, enhance learning and create personalized experiences.

Virtual Reality (VR)

Virtual Reality creates a fully immersive experience that blocks out the physical surroundings and transports the user to a different reality. It typically involves 3-dimensional and 360-degree viewing technology as well as AR, 3-D audio, interactive elements, digital modeling and other regulators that control temperature and smell, among others.

VR presentations usually require the use of 3-D glasses and a headset with tracking along with other devices depending on the complexity of the experience.

Consider using VR presentations for simulations, product demonstrations and virtual tours of physical sites or digitally-modeled fictional worlds.

Mixed Reality (MR)

Mixed Reality combines elements of VR and AR, creating a hybrid experience that allows the user to interact with both digital and physical objects in a shared space. It is perfect for presentations that involve collaboration, creativity or problem-solving.

An MR presentation could enable the audience to co-create a design, manipulate a 3-D model or solve a puzzle.

Holograms

Holograms are three-dimensional images that appear to float in mid-air, creating an illusion of depth and realism. Holograms can impress, inspire and surprise the audience by leveraging the power of realistic visuals. They can create a more memorable experience, as 65% of the population are visual learners.

One holographic projector device with speakers is enough to create a complete 3-D experience at your target location. Consider using a hologram presentation to feature a celebrity speaker, a live performance, a product or special effects.

Getting Started

Immersive presentations are not easy to create, and your best bet as a business may be to go for specialized agencies that create immersive and interactive presentations. Alternatively, you can get started by doing the following:

• Research and select the correct tools and techniques as per your requirements and target audience, or hire experts in immersive presentations who help with it.

• Find an advanced SaaS presentation software that can support high interactivity and 3-D modeling with specialized features that suit your vision.

• Acquire specialized visual design, video editing and digital modeling tools that allow collaboration.

• Invest in high-quality video cameras based on the presentation medium you wish to use and the devices required for it.

• Create the scripts and slides and set up recording environments for your presentation.

Summing Up

We have discussed some of the top cutting-edge immersive technologies that can enhance presentations and make them more memorable and impactful. But don’t hurry up!

Before diving into the world of immersive presentations, you must remember to consider your options carefully and give enough time to plan and design. You must also ensure that they align with the goals and needs of the presenter and the audience.

Now go ahead and unlock the immense potential of immersive presentations to engage and convince your audience.

West Virginia’s InnerAction Media Launches StoryMaker, Empowering Small Businesses with AI-Driven Marketing

West Virginia-based InnerAction Media (IAM) recently launched StoryMaker, an Software as a Service (SaaS) application that leverages Generative Artificial Intelligence (AI) technology to assist small businesses in the US in creating their ultimate 30-second pitch and other crucial marketing orders on demand.

The cloud-based application is founded on IAM’s proprietary “BrandStory” process. This unique approach curates a business’s marketing data, then employs AI similar to ChatGPT, to generate strategic marketing content. The customized content can be published across various platforms including social media, emails, presentations, and even traditional media outlets.

The software’s genesis can be traced back to November 2022, when it was just an idea proposed as part of a project by Vantage Ventures and Executive Director Sarah Biller. Vantage Ventures, an initiative of the John Chambers School of Business and Economics at West Virginia University, aims to foster scalable businesses to address complex challenges.

The idea was then transformed into reality in the “SaaS Factory” initiative, which tasked five WVU students and five West Virginia entrepreneurs to create ten SaaS applications in ten weeks starting in January 2023. Successful software engineer Cary Landis oversaw the project which eventually led to the birth of StoryMaker.

The software also reflects the experience of IAM President and StoryMaker developer, Jim Matuga. “I’ve had the unique opportunity to interview and help thousands of business leaders over the past 35 years. One thing most people struggle with is the question: ‘What’s your 30 second pitch?’” Matuga said. “StoryMaker solves this basic business problem and so much more.”

StoryMaker is hailed as a tool that brings marketing sophistication within the reach of small businesses. It provides them the necessary resources to create effective marketing messaging effortlessly, including their perfect 30 second pitch, social media content, longer form marketing messages like emails and blog content, and even tag lines.

Matuga added, “The right words matter and are essential for most small businesses – to cause people to take action, buy their products or services and increase sales, that’s exactly what StoryMaker does.”

The application also offers a variety of features such as user-defined marketing tones of voice, customizable calls-to-action, blog content writing, social media hashtag generation, and infinite product/service creation. Furthermore, it safely stores the business profile and product/services data in a secure, cloud-based database, and allows users to create unlimited marketing messages as needed.

In an era where effective marketing can make or break a business, StoryMaker appears to be a valuable tool for small businesses, allowing them to compete with larger corporations by offering a level of marketing sophistication that was previously out of reach.

IAM is offering a free 7-day trial of StoryMaker, following which the subscription price is $29 per month as a limited time introductory offer, with the regular price being $99 per month. The application has a Provisional Patent Pending.

As small business owners continue to navigate the ever-evolving landscape of digital marketing, tools like StoryMaker can offer significant benefits by simplifying and amplifying their marketing messages, providing them with an edge in an increasingly competitive marketplace.

For the latest, follow us on Google News.

Image: wv.gov


How Shay Mitchell Turned Her Penchant for Travel Into a Full-Fledged Business

shay mitchell office hours

Shay Mitchell on Turning Her Hobby Into a CareerHearst Owned

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In ELLE.com’s monthly series Office Hours, we ask people in powerful positions to take us through their first jobs, worst jobs, and everything in between. This month we spoke to actress, model, entrepreneur, and mother of two Shay Mitchell, who is not only celebrating five years of her travel brand Béis, but a just-launched kids collection. (Béis translates to “beige,” after a beige bag Mitchell used to travel with.) It truly is my first baby,” she tells ELLE.com of her company, which specializes in functional luggage. Every single detail, from the design to the models we book for our ad campaigns, I oversee.” Itit’s hard to believe she still has time to run her tequila seltzer brand, Onda, too. Here, Mitchell talks about diversity in Hollywood, whats always in her bag, and why Drake is her secret fan.

My first job

I worked at a café in Vancouver called Coco Loco. They served sandwiches and coffee, and I could never figure out how to get the damn coffee machine to work—it was this elaborate Italian espresso maker and I always messed it up. I think my salary was $7 or $8 an hour. I’m still scarred from that experience. People would come in with the craziest coffee orders. Now, my order is super simple because I know how hard it is for the baristas.

shay mitchell office hours

Hearst Owned

My worst job

Bottleservice. I hate it. It wasn’t the job as much as the situation—navigating crowds, dealing with really difficult customers when they’re intoxicated, etc.—but the money was very good. You’d leave with great tips, but you never knew what you were getting into on any given night.

On diversity in Hollywood

I remember getting the audition for Pretty Little Liars, and the character of Emily in the book had strawberry blonde hair with freckles and a very fair complexion. When I first booked the part, everybody was like, “What? You don’t look like the girl next door.” But I think, in this day and age, I am the girl next door. That didn’t deter me back then. I was going to go for it regardless, because I didn’t want to look back with regrets.

How I transitioned out of the entertainment industry

There was always a lot of downtime on the Pretty Little Liars set while I waited for the next scene, so I started a blog, which kept me busy between takes. From there, I wrote a book. And then, during our breaks from filming, I would travel, so I created a YouTube channel that documented my trips. When Shaycations took off, my friends would constantly ask me for recommendations and packing advice.

The power of self-documenting

I was always that girl with the camera. Like, at the club, I’d have the digital camera. I have way too many photos on my phone and on my laptop. Documenting has always been important to me, so that I can remember the experience and share it with others, so they can go and experience it too. It felt selfish to do otherwise. i was like, this is too good to just keep to myself. My trip to India is still one of my best pieces of content.

Why I started Béis

I’ve always known that there was an entrepreneurial side to me, and I always wanted to get into business, but I had never been to school. I’ve had experiences with luggage where wheels would fall off and I’d get angry at myself for not spending more money to get a better bag. When I knew it was time to start my own company, I noticed there was a huge gap in the market: you either had super expensive companies with crazy bags that weren’t even functional, and on the other side of the spectrum, you had affordable bags that were ugly and not well-made.

Basically, I wanted a line of affordable bags that had all the functions I could dream up and look really good at the same time. The price is really important to me, because I know how expensive traveling is—I don’t want the bags to break the bank because you should be able to spend that money on the experiences you have. It’s an on-the-go brand, whether you’re going on a hike, to the gym, or to the grocery store. I want to provide different accessories for all of those different things, so everyone can have a bag that makes them feel at home when they’re not at home.

What’s always in my bag

My cosmetics case for on-the-go touchups. When I’m traveling, I use our recyclable tote because of the functionality—certain compartments just make everything so easy. I know exactly where my passport is and exactly where I put my snacks and water bottle.

shay mitchell office hours

Hearst Owned

Best career advice I’ve ever received

Work with people who are smarter than you. My whole motto in life is “I have this one life. What do I want to do?” I never want to look back and wish I had done something. So regardless of the experience or lack of experience I have in terms of design, business marketing, all of it, I just had to [launch Béis]. I brought people onto my team who were smarter than me and had way more experience and were experts in their own fields. That’s something I’ve never been afraid to do.

How I balance work and family

I take time to myself because I have an incredible team around me. There’s no way I could do what I do without the help of people—everything from childcare to my team, my publicist, my agent. I owe it all to them.

Most surprising Onda fan

My number one customer is Drake—and he has nothing to do with me. He found it on his own and pays for it, gets it delivered, and travels with it. He has Onda on him at all times!

This interview has been edited and condensed.

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Allied Global Marketing names Denise Parkinson as VP, business development | News

LA-headquartered analysis firm Allied Global Marketing has appointed Denise Parkinson as VP of business development.

Allied Global Marketing names Denise Parkinson as VP, business development |  News

Denise Parkinson

Based in London, Parkinson will work with Clint Kendall, Allied’s CEO; Adam Cunningham, chief strategy officer; and Kelly Estrella, chief of marketing operations.

Parkinson is responsible for identifying and driving strategic new businesses to support the company’s continued growth.

With more than 25 years of experience in entertainment marketing, Parkinson is an industry veteran, having worked across media companies, studios and agencies.

Most recently, she served as global entertainment director overseeing business development for OneFootball, a football media platform with more than 85 million active users, where she established partnerships with the likes of Netflix, Disney and Universal.

Prior to that she was head of entertainment category specialist for IT Media, integrating partnerships and new digital products with clients including Warner Bros, Searchlight and Paramount.

She also previously served as the entertainment director of global and UK for The Telegraph newspaper.

Allied’s team of specialists includes more than 400 people at 24 offices in North America, Europe, Asia Pacific and Latin America.

Earlier this year, C21TV gave C21TV his take on Web3 technology and the promise of the metaverse for entertainment versus the reality of present audience engagement.

Cincinnati Hills Christian Academy names Calvin Renfroe new head football coach

Calvin Renfroe was named new head football coach at Cincinnati Hills Christian Academy after seven years as an assistant coach at Olivet Nazarene University in the NAIA.

Calvin Renfroe was named new head football coach at Cincinnati Hills Christian Academy after seven years as an assistant coach at Olivet Nazarene University in the NAIA.

Cincinnati Hills Christian Academy has hired Calvin Renfroe as its new head football coach.

Renfroe is currently the offensive coordinator, quarterbacks coach and recruiting coordinator at Olivet Nazarene, an NAIA school in Bourbonnais, Illinois. He has been there for seven years.

Prior to that, he was offensive coordinator and QB coach for five seasons at Johnson Ferry Christian Academy, a private high school in Georgia. He helped that team to one state championship and two state runner-up finishes.

He graduated from Trinity International University (Illinois) with a bachelors degree in business marketing in 2006. He helped TIU reach the NAIA playoffs once and get two top-20 national rankings.

Calvin Renfroe was named new head football coach at Cincinnati Hills Christian Academy after seven years as an assistant coach at Olivet Nazarene University in the NAIA.

Calvin Renfroe was named new head football coach at Cincinnati Hills Christian Academy after seven years as an assistant coach at Olivet Nazarene University in the NAIA.

He also received a Masters degree in organizational leadership from Olivet Nazarene in 2019 while coaching there.

He took over a CHCA program that went 5-6 last season. He replaced KC Woods, who went 12-17 in his three seasons at CHCA, leading the Eagles to a pair of playoff appearances. Woods moved to Florida to take an assistant principal and head football coaching job there.

Renfroe and his wife Lisa have three children.

This article originally appeared on Cincinnati Enquirer: Cincinnati Hills Christian Academy names new head football coach

An In-Depth Guide For Every Business Owner Today

Marketers have used videos since the 1940s, but the term “video marketing” has gained momentum in the last decade.

Google’s purchase of YouTube in 2006 can be considered a critical turning point in the growth of video marketing.

Video marketing is a hot discussion topic and a focus area for every marketing team, regardless of the industry or size of the organization.

So, for readers still confused about the term video marketing, here is a standard definition that explains it: Video marketing is leveraging videos to educate, entertain, and engage the audience to achieve your business or personal goals.

These can be short how-to videos, Instagram Reels, YouTube Shorts, YouTube videos, and more.

Why Video Marketing?

Video marketing has gained so much traction over the last decade that almost every business is exploring it now.

There are several reasons behind the increased adoption of video as a content format for marketing. Here are some of them:

  • Humans love visuals more than words: Our brain processes visuals much faster than words, and an MIT study found that we can identify images we’ve seen for as little as 13 milliseconds. With the dwindling attention span of your audience, videos are the best bet to grab their attention.
  • Videos evoke emotions: Through impactful storytelling, videos can evoke the right emotions in viewers. Creators can plan their storytelling based on the goals they are trying to achieve with their content.
  • Videos engage multiple senses of viewers: A video can engage a viewer’s senses, like sight and hearing. This helps evoke emotions and persuade.

Key Business Goals Videos Can Help You Achieve

Video content can help businesses achieve several of their goals and objectives. Some of these goals include:

  • Boosting website traffic & engagement: Video is an effective medium for driving quality traffic to your website and increasing engagement with your brand.
  • Building a social media community: Video can act as both an entertaining and an educational resource for audiences. By providing this type of value to people, video content can help you engage with social media users and grow your social community.
  • Customer acquisition and retention: Video can be used to educate potential prospects on your brand, your product, and your value proposition. In this sense, it is often helpful in converting people into customers and, ultimately, boosting your bottom line.
  • Raising content consumption: There’s no doubt that video is one of the most popular and highly-consumed content formats today – so leveraging it on the right platforms to tell the right stories can help you reach more people.
  • Gaining thought leadership: Provided you follow best practices and focus on unique storytelling, videos can help you stand out in a crowded marketplace and tell your story.
  • Improving customer experience: Video content can augment your efforts to deliver the best experience for your customers, whether that’s through product explainers, how-tos, and tutorials, or customer case studies.

Statistics Proving The Rise Of Video Marketing

To understand the power and dominance of video in the world of marketing, we need to look at some of the latest statistics from Wyzowl’s 2022 State of Video Marketing report:

  • 86% of businesses used video as part of their marketing strategy in 2022.
  • 81% of marketers said videos have helped them increase sales in 2022.
  • 94% of viewers have watched explainer videos to learn more about products or services in 2022.
  • 87% of marketers say videos have helped them increase traffic in 2022.

It’s clear from these statistics alone that video has become an integral part of the average company’s marketing strategy, irrespective of size and industry.

And while, in the past, marketers faced challenging barriers to entry with video content, such as high costs, inadequate tools, and lack of access to talent, the advent of affordable plug-and-play tools has made video content doable for any business today.

Video Formats Dominating Marketing Now

If you are exploring videos as part of your content strategy, this is the best time to research and think about how you’ll approach video content.

There is a wide range of platforms and formats available for marketers and business owners to experiment with when it comes to telling your brand story.

Questions To Ask Before Building Your Video Marketing Strategy

With the various formats available for your video marketing, you’ll need to ask yourself a few critical questions before kicking off your video marketing efforts.

Please answer the following questions honestly, so they can help you build an authentic and powerful video content strategy for your business.

  • Do you know your audience well? Knowing your audience well is the cornerstone of your video marketing success.
  • Does your audience consume video content? If you answer “no” here, there is no point wasting your energy or resources on video marketing.
  • Do you have a compelling story (or stories) to tell your audience? Every business must have an interesting story to tell its audience. If you don’t know yours, it’s time to go find it!
  • Do you have the time and resources to run a video marketing strategy? This critical question will help you decide what gaps you might need to fill to make your program successful.
  • How committed are you to successfully running a video marketing program? Video marketing, like any other marketing tactic, will demand your long-term commitment to bring results to your business.

All these questions will deliver the right answers to build a successful video marketing program.

Building A Powerful Video Marketing Strategy

A well-designed video marketing strategy can do wonders for your business or personal brand.

Video content can be leveraged for various goals for your business, like improving brand awareness, increasing website traffic, generating leads, booking demos, and much more.

Since videos can often pique an audience’s attention quickly, they can help you achieve your goals if executed correctly.

Here are the basic steps you can follow to build an effective video marketing strategy for your business:

Audience Research (Including A Buyer Persona Exercise)

The first step in building an effective video strategy is researching your audience.

Your goal during this step is to understand your audience’s demographics, challenges, and content preferences.

This exercise will help you determine whether video content will be useful in solving your target audience’s challenges.

Determining The Themes For Video Storytelling

Once you are clear on your audience’s preferences, you can move on to identify some key themes you can use in your content strategy.

These themes will help you decide on content types and stories you can tell using videos.

These themes can be educational, holidays, events, regular updates, and more.

Identifying The Right Tools For The Program

Once the theme is clear, you can move on to identify the right tools needed for your video marketing strategy.

These can be tools for the creation, topic research, SEO, content distribution, and performance tracking of videos.

Choosing The Right People For The Program

The most critical element for the program’s success is the people running it.

If you are a small business owner, this could be you! Or, if you are strapped for time, you may have to hire or identify the right people for the job.

Putting The Right Measurement Mechanism In Place

The success of your video content strategy depends on how to monitor and measure performance.

Identify the crucial metrics for your goals, and put mechanisms in place for measuring them consistently.

Improving The Video Strategy Consistently

Constant monitoring will help you determine the changes needed to increase the effectiveness of your video marketing.

Keep improving the program by incorporating timely modifications to enhance the performance of your content.

Storytelling Tips For Effective Video Marketing

As a business owner, you might be faced with some questions, such as:

  • What stories can I tell using videos?
  • Will my stories even appeal to my audience?
  • How will I consistently tell stories using video content?
  • Can I sustain this journey of video marketing?

Let’s get real for a moment.

Video storytelling is not a simple task. It requires dedication, commitment, and continuous focus from the creator.

Here are some storytelling tips for every business owner who is building their video strategy:

  • Be authentic: Authentic stories are more likely to strike a chord with your audience – so try to keep your content original and depict a true-to-life representation of your brand.
  • Be consistent: Video marketing, like any other marketing tactic, will demand consistency more than anything else. Be consistent with your video content and stay on course.
  • Experiments: Always be experimenting with your video content. As new formats appear regularly, you should be agile to test them and find what resonates with your target audience.
  • Be customer-centric: Customer-centricity will be a critical element for the success of your video marketing strategy. Align your content to your customers, their challenges, and how you will solve them for the best results.
  • Be thick-skinned: With highly visual content like videos, you will always run into feedback and criticism. Make sure to take constructive notes on the board, but also develop the resilience to ignore the rest and keep at it.

Tools To Support Your Video Marketing

Many tools are available to help you execute an effective video marketing program.

Here are some cost-effective and user-friendly options for every business owner:

  • Animoto: A video creation software that provides readymade templates to help you create various videos for social media and other marketing purposes.
  • Canva: A graphic design and video platform with the largest collection of templates to support your video marketing.
  • TubeBuddy: Your go-to tool for managing and growing your YouTube video marketing.
  • StreamYard: A tool that helps you schedule and run live streams and webinars for your business.
  • Lumens5: Enables faster video creation for business owners from blogs and written content.
  • looms: Powerful screen recording software for creating educational and promotional videos on the go.
  • inVideo: A video creation platform with handy templates to suit your video content needs.
  • YouTube: The perfect platform to upload your video content for your target audience.
  • Speechelo: An easy-to-use tool for creating professional voice-overs for your videos.
  • Vyond: A video platform for creating impactful animated and whiteboard explainer videos.

Some Content Ideas For Kickstarting Your Video Marketing

To help you kickstart your video marketing, here are some content ideas for you to test, depending on your appetite and resources:

  • An intro video for your business: Create a video explaining your business, the unique value it provides, and who it serves.
  • An animated video for your product/service: Develop an animated video explaining your product and highlighting its top features.
  • A live streaming show with stakeholders: If you’re feeling brave, try launching a live streaming show for social media with guests like influencers and your customers.
  • Behind-the-scenes live content: Similarly, you could use tools like Instagram Stories to broadcast ad-hoc live sessions that showcase the behind-the-scenes of your business and team.
  • Demo videos for your product: Prepare screen recording videos of your product and its features for your customers.

In conclusion

To conclude, video marketing can be a game-changer for your business in 2023.

All you need to do is understand your customers and their challenges and plan video content that focuses on solutions to those challenges.

Dedicate time and resources to create video content per your strategy – and keep it consistent.

And as James Wedmore says,

“Stop thinking of video marketing as this separate entity that is optional for your business.

Videos are an effective form of communication that needs to be integrated into each and every aspect of your existing marketing efforts.”

Happy video marketing!

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