Finding Video ROI

dollar signNo doubt… video production can get expensive. Unless you have an eye on video ROI. That could change your perspective.

We have some low-cost options, but if you want full-service storytelling it’s going to cost you at least $4,000. Some company’s don’t blink at that. For others, it’s a big commitment.

Return on investment is something every business has to judge on their own, but there are some statistics out there that can help guide you. Here are some I have come across recently…

Marketing Pros Find a Video ROI

Video ranks 2nd with marketing professionals (51.9%) as the type of content with the best ROI.  |  eMarketer

People Act After Watching Videos

About 46% of people say they’d be more likely to seek out information about a product or service after seeing it in an online video.  |  Oracle

Video ROI even touches top executives and decision makers

65% of senior executives have visited a vendor’s website after watching a video.  |  Forbes | Insights

Video Isn’t Easy

The highest percentage of marketers (49.8%) describe video content as “difficult to create.” (cough, cough… which is why it’s good to hire a professional video storyteller)  |  eMarketer

I’m not here to tell you people will watch your video and immediately line-up to buy your product or service. What I will say is if you tell a good story, you’re going to put yourself in a good light… making it easier for people to buy from you.

Video is a great way to create a good first impression. It can help endear you to your prospects, and we buy from people we like.

That’s the power of video. That’s a good return on investment.

–Tony Gnau

Tony Gnau is a three-time Emmy-winning journalist. He is also the founder and chief storytelling officer at T60 Productions. T60 has won 11 Telly Awards for its work over the last eight years.

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