The 2020 B2B Content Marketing Benchmarks, Budgets, and Trends—North America study reports:
Whether you’re just getting started with video marketing or you’re looking to better understand how to tweak your current strategy for greater results, this article will help you put all the tasty ingredients together.
You will see that the key to effectively using video for growing your business involves an intentional approach with the right type of video. You must not only understand what types of videos to produce, you must also align them with your marketing funnel, the buyer’s journey, and as you’ll see in a moment, two more essential elements.
“A well-rounded video strategy — one that attracts, educates, converts, and retains your prospects and customers — includes videos that meet different needs across the buyer’s journey.” — Vidyard’s 9 Essential Types of Video for Business
In today’s highly-competitive and noisy marketplace, a purposeful and cohesive video strategy involves a number of essential elements for success. Here’s how to identify and then align them to best meet your goals and your ideal customer’s needs.
There’s a wide range of possibilities to choose from when it comes to video marketing. But what types of video should you create, when and how should you go about using them?
Selecting the right type of video to match your funnel stage goals with the buyer’s journey stage is a good start. Better still is to understand the key aspects of your buyer’s awareness and messaging needs when crafting a holistic strategy.
Think of the following chart as an irresistible video recipe. The left section of your video recipe represents the goals of your funnel stages (Attract, Educate, Convert, Retain), the far-right portion represents the stages of the buyer’s journey (Awareness to Loyalty).
In between, there are three essential ingredients of your video recipe: Video Type, Buyer Awareness, and Messaging.
Think of the video recipe as follows:
Funnel Stage Goals | Primary & Secondary Video | Messaging | Buyer Awareness | Buyer's Journey Stage |
Attract |
|
Take a more indirect, high-level approach sparking curiosity | Unaware of their problem (cold to lukewarm) to problem-aware (lukewarm to warm) | Awareness |
Educate |
|
Focus on a formula/system to success; the secret to solving their problem | Becoming more aware of their problem; seeking a solution (warmer) | Awareness & Consideration |
Convert |
|
Appeal to their emotional hot button with a direct product promise & offer | Solution Aware to Product Aware (warm to hot) | Consideration & Decision |
Retain |
|
Address your customers’ segment-specific needs/interests | Desires ongoing relationship, support, validation | Loyalty |
Funnel Stage Goals | Primary & Secondary Video | Messaging |
Attract |
|
Take a more indirect, high-level approach sparking curiosity |
Educate |
|
Focus on a formula/system to success; the secret to solving their problem |
Convert |
|
Appeal to their emotional hot button with a direct product promise & offer |
Retain |
|
Address your customers’ segment-specific needs/interests |
Buyer Awareness | Buyer's Journey Stage |
Unaware of their problem (cold to lukewarm) to problem-aware (lukewarm to warm) | Awareness |
Becoming more aware of their problem; seeking a solution (warmer) | Awareness & Consideration |
Solution Aware to Product Aware (warm to hot) | Consideration & Decision |
Desires ongoing relationship, support, validation | Loyalty |
Here’s a quick summary of the various types of videos named and used in the above diagram:
Other factors such as production value, video length, and channel distribution options play into optimizing your video recipes to maximize success.
According to Vidyard, a video platform for business, some videos should be short, scrappy and promoted on social media. Others, however, work best when they’re more lengthy, produced in a polished manner, and placed on owned media such as on your website or your YouTube channel.
To learn more, we highly recommend Vidyard’s free resource: 9 Essential Types of Video for Business — A Guide to Using Them Throughout the Buyer’s Journey.