How true is that statement, really? You’ve been hearing about video for years now, but it’s still relatively uncharted. Big brands are spending tens of thousands on videos that fall flat while a lucky few are going viral.
But even they struggle to repeat their original success. And what do views have to do with actual money in the bank?
The State of Video in 2016
- An impressive 65% of people surveyed watch videos online every week. 55% do so daily.
- One study found that video watchers view more than 75% of a video on average.
- More than 80% of senior executives watch more online video today than they did a year ago.
- 75% of business executives watch work-related videos at least weekly and 54% share work-related videos with colleagues at least weekly.
- 69% of marketers have used video and another 31% are planning to.
- Actually, 81% of people feature at least one video on their brand site.
- 67% have found video marketing “somewhat” successful.
But does video help increase conversions? According to Aberdeen, companies using video enjoy 41% more web traffic from search than non-video users. MarketingLand found that 62% of Google searches include video, which might explain why Brightcove found that video drives a 157% increase in organic traffic from search engines.
Similarly, Vidyard found that 70% of marketers claim video produces more conversions than any other content. Adobe actually found that 40% of consumers state that video increases the chance they’ll purchase a product on their mobile device.
How do most visitors feel about video? As it turns out, pretty good…
Marketers share the same sentiments. Research conducted in 2014 found that 73% of American B2C marketers think video is an effective content marketing tactic. Video was ahead of number two, mobile apps, by 26 points. In 2015, another study found that marketers ranked video as the second most effective type of content.
When asked about why video works, Michael Litt of Vidyard had this to say…
Tyler Kapper, photographer and videographer, added that many companies have seen big returns from video…
But the results do not come without difficulty. Studies have also highlighted how difficult video can be to perfect. In fact, 59% of marketers ranked it the most difficult type of content to create.
How to Use Video
As always, there are no absolutes in CRO. Video doesn’t work 100% of the time… even if it works a lot of the time. You always have to consider…
- Context. For example, a video on the “about me” page of a lifestyle blog vs. just an image.
- Visitor intent / interest level.
- Visitor familiarity.
- Visitor motivation.
- Visitor demographic. For example, seniors might not have a new computer / fast connection.
The moral? Always test video. Like anything, it’s not a guarantee.
First, you’ll want to find a video marketing tool to help you. Here are some suggestions to get you started…
Then, you need to decide where to use video. There are five core ways to use it: on your homepage, on your product pages, for testimonials, on a dedicated landing page, and off-site. The best way to determine where you should use video is to test it. Conduct the quantitative and qualitative research, come up with a hypothesis, and run an A/B test.
Videos can be used on the homepage to introduce or explain a product and its benefits. This is especially true for highly technical, complex or new / innovative products. For service companies and agencies, they can be used to introduce the team as well.
Revue is a tool designed to help create email digest newsletters. Here’s their homepage…
Since their value proposition isn’t as strong as it could be, I’m willing to bet the video to the right helps first-time visitors quite a bit. When clicked, the homepage disappears as the full-page video fades in…
Be careful about load consistency and speed. The first time I clicked play, the video began loading in YouTube’s full player, but then flicked over to a version without video controls (other than click to pause / play).
2. Product Pages
Before people purchase from an eCommerce site, they want to see exactly what they’re purchasing. Sometimes, a picture is enough, but sometimes a video would be helpful as well. A picture shows you what it is. A video shows you what it is, how it can be used, how it compares to similar products, etc. It’s much easier to communicate value through video than a picture.
VAT19 sells a product called “Spicy Gummy Peppers” for $9.99. Here’s the product page…
As you can see, you can “PLAY VIDEO”. Alternatives would be placing the video below the product images or replacing the large image with the three peppers with a video.
When you click the video call to action, this player appears…
Notice they chose to use YouTube as well.
If you read ConversionXL regularly, you’ve read about social proof and how it’s still very effective. However, it’s changing from picture, name, title, quote to more attention-grabbing, authentic forms. Video testimonials are among those forms.
Xero has a “Customers” page with a variety of videos and case studies based on industry (retail, branding and advertising, etc.) Here’s how that page looks…
Notice there are four pictures and it’s clear that 50% of them are clickable videos. When you click on the videos, the Vimeo player pops over the page…
Notice the difference between how this video is displayed and how Revue’s video was displayed.
Revue made it impossible to tell how long the video would be and move backwards / forwards. The “Close” option is muted at the top. Xero makes it easy to control the video and see how long it will be. The x in the corner is very visible given Vimeo is a familiar player, making it easy to close and find a new video.
Revue’s hypothesis is likely that more people will watch their video this way. Test both options before committing to one.
4. Dedicated Landing Page
In some cases, you might have an entire marketing campaign to go along with your video. In that case, you’ll want to set up a separate landing page and embed the video there. Following the video, there will likely be a call to try the product, social media buzz about the campaign, etc.
Vidyard created a campaign called “A Tale of Two Marketers”. One marketer was named Post and Pray Pete and the other was named Strategic Sue. The campaign was focused on getting marketers to identify as one or the other, and then become Strategic Sue with Vidyard.
Here’s the page…
Note that the video is all that’s visible above the fold, but there is additional content below. The video isn’t a “nice to have”, it’s the basis of the campaign.
Here’s what happens when you click the video…
At the end of the video, a full lead capture form appears where the video was playing.
Another option is to use a site like YouTube or Vimeo to promote your videos. In this scenario, the video is not actually on your site, it’s hosted off-site by a third-party. Think of this the way you think of blogging. YouTube is a powerful search engine that works hand-in-hand with Google.
If you can create and optimize high quality videos, you can rank for competitive keywords. Before you get started, keep the following factors that impact YouTube ranking in mind…
- Watch time. How long people engage with your video.
- Keyword relevance. Title, description, tags, transcripts, etc.
- Number of subscribers.
- Comments, likes, dislikes.
- Video length.
Example: Whiteboard Friday
Moz‘s Whiteboard Friday with Rand Fishkin is a great example…
Every Whiteboard Friday video is posted to the dedicated playlist on Moz’s YouTube channel. Playlists are key because you can set up continuous play, which means after they’re done watching the latest video, they’re automatically shown the previous video in the playlist.
Check it out…
Note the naming conventions here. Each video is named the way a blog post might be.
How to Optimize Video
Before you publish your first video, there are five things you need to consider. Of course, after the video is live, optimization doesn’t end. There are many different things you can test post-publication, but if you don’t get a lot of traffic, you’ll want to start out as strong as possible.
1. File Size Matters
No matter what you’ve been told, size does matter. Jeff Livorsi of Mightybytes agrees in his article, Sustainable Web Design: Optimizing Video for the Web…
Matching your file type to the optimal platform reduces playback issues, therefore using less energy.
- .mp4 is a good quality video with a small file size and is the recommended format for YouTube and Vimeo.
- .mov is a high quality video with a large file size. This file type doesn’t play on windows without the help of VLC.
- .wmv is a good quality video with a large file size. It is also hard to play this format on Mac machines unless you have cross-platform multimedia player like VLC.
- .flv is a small file size, but need extra steps to bring up the quality. This format doesn’t play natively on most Mac and Windows machines. Also, it only works on browsers that support Flash.
If you self-host a video, you’re bound to slow down the load time as servers work harder. It’s the least sustainable option, especially if you plan to use video regularly (like for product pages).
You can also run video files through tools like Handbrake. Within “Source”, you can change the “Constant Quality” to 25 and check the “Web Optimized” box.
Of course, keeping your videos short and to the point helps with file size and load speed as well. That’s not to say videos over 2 minutes in length won’t load quickly, however.
2. Choose One Desired Action
As always, choose one desired action to call your viewers to. Don’t divide their attention with different asks… save it for another video. One call to action per video.
There are two main types of calls to action for videos.
- First, you can use annotations to get viewers to clickthrough to another site while they’re watching.
- Second, you can capture information (name, email, etc.) via a form. The form can gate the second half of the video, it can appear at the end of the video and it can slide out from the player mid-video.
What might you call your viewers to do? Well, here are some ideas…
- Download your latest eBook or PDF.
- Watch another, related video.
- Visit another page or blog post.
- Share the video with friends.
- Submit their email for more information, a discount, a free trial, etc.
Here’s an example of a call to action that slides out from the player mid-video…
Just be sure you’re not jumping the gun. Watching a video is a small commitment, especially if it’s watched on sites like YouTube or Vimeo. Don’t rush the viewer to make a big purchase. Develop a funnel and move them through it gradually.
3. Optimize Videos for Search Engines
Above, you learned a bit about what YouTube looks for to determine video ranking. Rand offers some additional advice, urging you to put yourself in a searcher’s mindset when naming your videos…
You can use a tool like Keywordtool.io, which scrapes searches, to identify high-value keywords. Then, use those keywords in your title, in your description, in your tags, etc.
According to Rand, having a transcript can make a difference as well…
Finally, you can and should take advantage of Google’s rich snippets if you embed video on your site…
One final piece of advice from Rand? Embed the video on your site and upload it to YouTube later to target different keywords. Promote them separately, as if they’re two different videos. This enables you to get reach on both, but prevents SEO cannibalization.
4. Optimize Videos for Mobile
It shouldn’t be surprising that videos are different on mobile than they are on desktop. Here are a few things you can do to optimize your videos for mobile…
- If the video is embedded on your site, make sure you have a dedicated mobile site or a responsive design.
- If you are self-hosting the video, make sure it adjusts properly when viewers rotate their mobile devices.
- If your video is under 4 minutes long, use an MP4 file.
- If your video is over 4 minutes long, use Apple’s HTTP Live Streaming, which “responds to a client’s bandwidth capacity and adjusts the quality of the video stream between multiple bitrates and/or resolutions.”
- Make sure buttons are larger and easy to click.
- Make sure your calls to action work well on all mobile devices.
These quick tips are not a replacement for quality assurance. The only way to be absolutely sure your video is optimized for mobile is to see how it displayed on every mobile device, regardless of how new or old it might be.
5. Optimize Position & Size
Wistia found that as viewers scroll, play rate decreases. So, the further down your page a video is, the less likely it will be played. Just below the fold, play rate is 46%. Just one additional scroll down means a play rate of only 27%.
Note that this could very well be due to the fact that video often serves as a summary for those who don’t want to read all the way down a page.
They also explored whether video size has an impact on play rate. As it turns out, it does…
It turns out that there is a sweet spot for video width—between 401 pixels and 600 pixels. Videos of that size have the highest average play rate.
A video with a width between 401 pixels and 600 pixels doesn’t overwhelm a page, but it’s still large enough to entice users to engage. The slight bump you see on larger videos (greater than 1200 pixels wide) is from fullscreen videos, which leave the visitor with little choice but to press play.
There is no 10x here, however. This is one study from one company. If you have a video with a larger or smaller width, you’re not wrong. It’s simply worth testing if you have the traffic. If not, go with these basic optimization recommendations for now.
Another question is where you should put annotations on videos. According to Google, here are the best annotation positions…
How to Measure Video
Wistia shows which metrics can be used to help you measure various factors (e.g. reach, quality, relevance)…
However, that raises a lot of questions. How do you measure conversations? Trust? Engagement? Which site metrics matter and connect to user experience?
This chart from ReelSEO is perhaps a better tool for measuring success…
But, at the end of the day, three things matter…
- Play Rate & Watch Rate: These are your engagement metrics. How many people started watching the video and how far into the video did they watch?
- Conversion Rate: Do people who watch the video convert more often? How many people click the call to action within your video?
- Revenue: Measure close to the money. If you use HubSpot Salesforce, you can see how much revenue was generated.
You can use native analytics in your video tool, Google Analytics or Google Tag Manager to measure your success. LunaMetrics wrote a fantastic article on YouTube tracking in Google Analytics and Google Tag Manager. I suggest taking the time to read that article before continuing.
What to Test
Start by split testing a video vs. no video. Remember, video isn’t a silver bullet that works well for everyone.
Once you’ve confirmed video is meaningful for your audience, begin A/B testing. While your testing options are endless and should be informed by extensive research, here are some general ideas…
- Messaging / Story.
- Desired action.
- Type of call to action.
- Sharing options.
So, what do video views have to do with actual money in the bank? Not a lot. [Tweet It!]
It’s not enough to get 1 million views if none of those viewers actually buy your product. How many of you actually own a Squatty Potty? Or buy your razors from Dollar Shave Club?
Here’s what you can do right now to optimize your videos for real conversions…
Don’t assume video will convert for you just because your competitors use video. Test it.
Conduct qualitative and quantitative research to identify where a video would work best. Choose places of uncertainty and indecision.
Size matters. Choose the right file type, don’t self-host your videos, make sure video files are web optimized and keep them short.
Choose one desired action per video. Don’t rush the viewer to make a big purchase.
Optimize your videos for Google and YouTube, two very powerful search engines. Use a transcript, take advantage of rich snippets, etc.
Optimize videos for mobile by choosing the right file type, using HTTP Live Streaming, etc. Quality assurance is important.
Choose the right position and size for your video. Experiment with call to action placement.
Measure as close to the money as possible. Play / Watch rate, conversion rate and revenue are your pillars.