January 13, 2023

Unlock The Power of Video Content Marketing Strategies: Proven Strategies to Skyrocket Your Business

Introduction:

Content marketing is a powerful tool that can help businesses to reach and engage with their target audience in a way that is both effective and memorable. With the growth of platforms like YouTube, YouTube Shorts, Instagram Reels, and TikTok, distributing video content is more accessible than ever. Businesses creating compelling video content can reap the rewards of increased brand awareness, customer engagement, and conversions.

Let’s explore some critical strategies your business can use to create compelling video content marketing campaigns that drive results. Whether defining your target audience or measuring and optimizing your efforts, this blog will cover everything you need to know to create a video marketing plan that raises your ruckus.

The Importance of Defining Your Target Audience

An essential step in creating a successful video marketing campaign is defining your target audience. Understanding your target audience makes creating content that speaks directly to their needs, interests, and pain points much more straightforward. 

Something we like to keep top of mind highlighting their pains, gains, and fears. We think of pains as what the customer is experiencing that is causing him business hardships. Gains are what the customer benefits from engaging your business to solve their pain. A typical gain is lowering costs or increasing revenue. Fears are their objections to why they wouldn’t engage your business to solve their pain.

Speaking to the right audience about suitable topics will help increase engagement and conversions. 

Consider this when defining your target audience:

  1. Demographics refer to characteristics like age, gender, and income level. 
  1. Psychographics focus on things like attitudes, values, and interests.

Understanding these factors is vital as they help create content that resonates with your buyer and speaks to their specific pains, gains, and fears. The other aspect we believe is vital to consider is their Behavior Pattern.

If your target audience is primarily active on social media platforms, then creating content optimized for social media is essential. On the flip side, if your target is most often active on platforms like YouTube, Vimeo, or other long-format video hosting websites, you’ll likely want to create content optimized for their behavioral pattern. 

So, how can you research and define your audience? Here are five (5) ways we think work very well:

  • Ask: Conduct surveys, quizzes, and questionnaires focused on gathering information about your audience.
  • Analyze: Look at the data from your website and social media platforms to understand how people interact with your content. What works, and what doesn’t?
  • Personify: Creating buyer personas is a fantastic way to understand who your ideal customer is and what pains, gains, and fears could be addressed in your video content.

Understanding your target audience to create compelling content marketing campaigns is crucial. Now, it’s also essential to create a video content marketing plan aligned with your business goals. This will help focus your content marketing efforts, allocating resources effectively and efficiently and providing a baseline for measuring the success of your campaigns.

Creating a Video Content Marketing Plan: 

What is the first step in creating a video content marketing plan? Set clear and specific goals. We call them SMART goals. Specific. Measurable. Achievable. Relevant and Time-bound. 

Here are some examples of goals that you could set: Increase brand awareness by growing our market share by 15% in the next 6 months. Generating 5 inbounding leads per week over this timespan of this quarter. Close 75% of weekly inbound leads.

Once your goals are set, it’s time to outline the steps required to create a video content marketing plan. We’ll break these down below:

  1. Conduct research and analysis to understand your target audience, their pains, gains, and fears. We’ve broken down what these terms are above. 
  2. Build a content strategy and calendar that aligns with your overarching business goals and speaks to your audience’s needs and interests. 
  3. Deciding on the proper channels or platforms for distributing your content.
  4. Allocating an adequate budget and resources.
  5. Measuring and analyzing the performance data of the video campaigns.

When building a video content marketing plan, it’s vital to analyze separate successful video marketing campaigns or other case studies. You’ll get specific insights into what works and what doesn’t. 

So what are some examples of what type of content you can deploy?

Let’s say you’re a B2B software company. Creating product demos, explainer videos, and customer testimonials may be beneficial to help educate and inform their target audience. Alternatively, if you’re a fashion brand, create behind-the-scenes footage and product launch shoots to showcase the product and build awareness. Creating a video content marketing plan is critical to ensuring the success of your video marketing efforts. 

The next step is to measure and optimize your video content marketing efforts to understand the effectiveness of your campaign. This will ensure data-driven decision-making to move forward with future video performance. In other words, there will be data on what works and doesn’t. We suggest using this information to influence future video productions. 

Measuring and Optimizing Your Video Content Marketing Efforts

This is a crucial step in our opinion. Track the right metrics so you can gain insights into how your video content is performing and adjust your strategy as needed.

A key metric for measuring the strategy's success is view count. It’s a pretty straightforward metric highlighting how many people watched your video. That being said, it doesn’t give you the complete picture of how well your video content performs. Our favorite metrics to track are engagement, retention, and conversions. 

Think of engagement metrics as comments, shares, and even likes—any actions your audience takes to show interest in the content they are watching. 

Retention is the time spent on the video. This includes the watch time and how many people get to the end of the video, also known as the completion rate. These are great metrics because they display how compelling the content is at holding the audience’s attention. 

Conversion metrics like click-through rates (CTR) and lead generation highlight how well the video drives the desired actions. That’s why we suggest adding a call to action (CTA) at the end of every video. Nudge the audience to take action if they made it this far.

Analyzing all that data will give you a thorough understanding of how your video content is performing, and you can begin optimizing content for maximum impact. Look at your videos and find areas of improvement. 

Here are a few possible ways to interpret the data:

Let’s say your video has a high view count but a low engagement rate. It could be a scenario where you may need to improve the quality of the content or find ways to make it more interactive for the audience. 

The other option is to test variables such as video length, tone, style platforms, and channels used to distribute the content. Playing with these variables may identify what aspects of your video content are the most effective and which need improvement. 

It’s obvious measuring the data from your video content marketing efforts is crucial for understanding the effectiveness of your campaigns. It also helps in making data-driven decisions to improve future content marketing performance. By tracking the right metrics and analyzing and testing different variables, you can create video content that resonates with your audience and drives results for your business.

Conclusion

We often feel like a broken record repeating ourselves on how powerful a tool video content marketing is. It can help companies to reach and engage with their target audience in some of the most compelling and memorable ways. A well-planned content marketing strategy is crucial in driving results and achieving business objectives. We cannot overstate the importance of a well-planned video content marketing strategy.

Even though the steps outlined in this article can help businesses create video content that resonates with their audience and drives actual results, it’s important to note this is not a one-time effort. Video content marketing is a continuous process that requires regular monitoring, testing, and optimization to achieve desired business results.

TLDR; Here are the key takeaways from this article:

Define your target audience. It is an essential step for creating compelling video content marketing campaigns.

Set SMART goals to develop an effective video marketing campaign. 

Measure and optimize your video content marketing efforts to understand the effectiveness of your campaign. 

Use that data to make data-driven decisions to improve your future content’s performance.