The Benefits of Video Advertising for Businesses
Operating an immaculate website, creating content focusing on search engine optimization (SEO), and utilizing social media are all excellent marketing strategies. Even still, there may be more benefits to reap. Video advertising is one of the most effective strategy moves marketers can make. With over two billion unique monthly users, YouTube has become an extremely popular platform for video advertising. Here, MassLive Media Group details the benefits of video advertising on hubs like YouTube.
Cost Effective Marketing
YouTube advertising follows a pay-per-click (PPC) model. In other words, companies only pay when someone clicks on their ads. This makes video advertising an extremely cost-effective marketing strategy. Furthermore, brands dictate exactly how much they’re willing to pay when someone clicks on the advertisement. With these two characteristics unique to the PPC model, companies are less likely to overspend on ads. Additionally, businesses aren’t wasting money on advertisement space.
Highly Targeted Capabilities
A successful marketing campaign requires targeting and reaching the appropriate audience. When advertising your brand on YouTube, you can get extremely detailed in targeting the specific audience that you want to reach. Companies can pinpoint audiences based on the following filters:
- Demographics: Choose who to market to based on specific factors, such as location, age, gender, and parental status.
- Topics: Businesses can target audiences with specific topics of interest in mind.
- Customer match: Re-engage with customers who have previously shown interest in your company.
- Life events: Cater to audiences who have recently experienced a significant life event, such as moving, getting married, or having a child.
- Similar audiences: Business owners can target users similar to those who typically show interest in your ads.
- Affinity audiences: Reach individuals with a strong interest in topics related to your business.
- In-market audience: Anyone currently searching for products or services you offer can be targeted.
These in-depth targeting options allow companies to reach audiences who most benefit from their products or services.
Connect with Your Audience
Most consumers feel more connected with a brand after watching a video advertisement. Videos allow audiences to get a better sense of what a brand is about and what it can offer. Allow your target audiences to connect with the faces that represent your company, better understand your company’s motives, and most importantly, see your product in action.
Easy-to-Understand Metrics
Marketing campaigns are only as effective as their measured success. This means if you aren’t tracking the success of a marketing strategy, you’re wasting your time running it. Without knowing how well a campaign performs, you won’t know if it’s worth it and how it can improve.
Video platforms like YouTube make it easy for brands to analyze their video advertisements. Easy-to-understand metrics allow you to monitor views, costs, and budget details related to your ads.
Expanded Reach
The video conglomerate YouTube creates an opportunity for all businesses, no matter their size, to reach more interested users than ever before. Advertising your brand using video platforms will get your name in front of more people than would be possible through other methods. Even if you use extremely specific targeting filters, your video advertisements will have a much greater reach.
With an expanded reach and getting your ads in front of more people, it’s common to see fast results. More eyes on your video advertisements mean more ad clicks, website traffic, and sales over time.
Discover More From the Marketing Experts at MassLive Media Group
If your brand is looking for new and effective ways to reach your targeted audiences, turn to the marketing professionals at MassLive Media Group. With marketing solutions that are proven effective in a variety of industries, our team can create a strategy tailored to your company’s specific needs. We’ll perform a detailed review of your brand’s current strategy and generate new and exciting advertising campaigns to help you attract your target demographic. To learn more about video marketing and other tactics performed by our marketing professionals, contact us today at MassLive Media Group.
References
https://www.webfx.com/social-media/learn/best-ways-to-advertise-with-youtube/
https://www.webfx.com/social-media/learn/benefits-of-youtube-advertising/
https://variety.com/2019/digital/news/youtube-2-billion-users-tv-screen-watch-time-hours-1203204267/