Video production and knowing what to do with marketing videos produced are two vastly different skills. One is a creative and technical function, while the later is a marketing strategy exercise. Before we dive into these differences, first let’s discuss why video is so important today.
Video is becoming more and more popular with online audiences: the latest Cisco industry report states that by 2021, 82% of all internet traffic globally will be from video content. Here are some other compelling facts about the increasing popularity of video across all channels:
- 58% of customers trust a brand with videos more than a brand without videos (Animoto)
- Including a video in your newsletter increases the click-through rate by 63% (Social Media Today)
- Videos are shared on social media 1200% more than both images and text post combined (Social Media Today)
- 78% of viewers watch online videos every week, and 55% view them every day. (HubSpot)
- 64% of consumers are more likely to buy a product after watching a video (Social Media Today)
- Viewers memorize 95% of a message when they see it in a video, compared to 10% when reading it. (Insivia)
Video production and video marketing can come together as a package with the right agency, however, depending on your needs and your in-house resources you may only need one part or the other.
Many video producers set themselves up for failure when they accept a video project that has no marketing strategy behind it. Sure, they can create a product and hand it over to the marketer who hired them, but will that marketer or company be happy in the end when they cannot surface any ROI on the video? This is why you always want heavy marketing involvement during the pre-planning of a video production. They can show the production team the various messages and targets to aim for in the final produced video project.
You should also look at a video from a holistic view, just like you would with your general content strategy. Focus on your viewers’ pain points and how your product can solve them. It would help if you tried to educate and inform, which will provide value to your audience.
With all of this taken into consideration, you have a win-win if the production company also has marketers on staff that speak the language of marketing strategy. They will also understand how to maximize the use of the video from a marketing standpoint once the video is launched.
Here are the differences between Video Production and Video Marketing to consider:
Let’s start by defining the video production services. Businesses that want to produce video will usually look for a video production company. A video production company has the necessary skills, crew, and equipment. This means they can handle casting, technical solutions, scheduling, and budgeting. The video production company makes a video according to the client’s desires, edits it, and delivers it to the client.
Although the production company has specialized knowledge to create videos, it may lack the serious marketing expertise and strategic planning that is necessary to build a brand. Typically, this is to be expected as they do what they are best at, and that is producing video. Once the business receives the final video, unless they have in house video marketing experience, they would then be required to hire a marketing agency to ensure the content gets in front of their target audience. Again, this is only if the video production company does not also have video marketing experience to extend towards creating an effective strategy.
Unless you have a professional digital marketer on your team that can create a great strategy and knows what to do with the final product, you can’t expect a production company to make a video that will help your marketing strategy. Clients that choose to work specifically with a video production company that lacks video marketing strategy services will eventually find out that they need a marketing agency to fix the video so that it is marketable. This means they have to spend additional time and more money trying to recover an investment that wasn’t done correctly or with a strategic plan in mind.
Before any video production begins, several meetings to discuss the marketing strategy and goals should occur. The marketing team and the production team should be in full alignment.
Once video production begins, it consists of three phases:
In this step, the production company will start making plans about putting together a video. The first step is to write a script where someone on the team puts down what exactly will happen in the video. These might be segments where a specific topic will be discussed or where actors in the video will do a product demonstration. This can include storyboarding, dialogues and what will happen in specific scenes. During this phase, the most common steps are making a schedule, scouting locations, creating graphic solutions, and preparing a wardrobe.
This stage is when the video is made. During the production stage, a camera crew will begin to shoot the video scenes. In the production phase, the crew focuses on angles, lighting, and location to make the video look as appealing as possible. In some cases, a team of graphic artists will make graphics to display the environment of a video.
During this phase, a studio will review the video and audio footage made. They have to make sure that the whole video has been produced as planned. The team will then put together the visual and sound effects, and audio enhancements to finish the final product. After that the crew will use a video editing software. With this software, the team can successfully complete the project and prepare it for distribution.
Unlike a video production company, a video marketing agency defines business and marketing goals to formulate a marketing-and-video strategy. It determines the company’s specific marketing needs and provides solutions in the form of a video.
Instead of the client working alone to determine the most effective video asset, video marketing services are capable of helping their client identify which types of videos will be most effective. The goal is for the video marketer to target the client’s ideal customer by creating engaging video content and promoting it at the right time, on the right platform, and to the right customers. This is what’s known as video optimization.
Video marketing services include:
• Understanding the client’s marketing problem
• Finding a solution and identifying the right type of video
• Identifying the target audience
• Recommending a customized video strategy
• Creating a video in alignment with the brand values
• Creating a video with the goal to attract the target audience
• Determining where and how the video will be promoted
• Shooting the video (if the company does both production and strategy)
• Measuring the results of the video
• Incorporating other digital marketing elements into the campaign when necessary.
Video production requirements, strategizing, optimization, and creativity are essential for a video marketing company to be considered successful. Video marketing companies help clients realize all this before production actually starts and before there’s a risk of losing a significant amount of money.
If you are seriously considering implementing more video to increase engagement with your target audience, it is highly recommended that you seek out an expert at video marketing to develop a comprehensive marketing strategy, create content that converts, ensure your videos are actually being seen, and ultimately protect your initial investment.
Do you need help creating AND promoting the right videos? Then talk to a professional at Content Monsta!