Getting your team on board with an easy way to benchmark your success with product-related video content is difficult. These two slides should help you and your team understand what to measure and how to benchmark your success.
The CMO Survey - Highlights and Insights Report - Spring 2024
Increase Conversions, Engagement and Sales with Product Videos
1. Product Video Results Higher Conversions Stay Longer 64% -85% More likely to purchase after watching a product video Internet Retailer 4/2010 / Comscore 8/2010 2min Longer Average stay when engaged with video Comscore 8/2010 Offline Impact Search Enhancement 53x Higher Likelihood of a front-page Google result Forrester, 1/2010 6% increase In in-store sales Reckitt Benckiser, Nielsen, May 2010 This slide stolen with permission from TippingpointLabs.com
2. Product Video Results Customer Support Direct Marketing 25-27% Fewer product returns Ice.com Internet Retailer 12/2009 PFI Western Videocommerce.org 12/2009 96% Increase in email click-through rates Implix 2010 Email Marketing Trends Survey Luxury Sales Video Merchandising Double The impact of eCommerce video Invodo Research, February 2010 20% increase Of all males cite online video as a significant impact for jewelry & watch purchases Ad-Ology Media Ifluence on Consumer Choice, 9/2008 This slide stolen with permission from TippingpointLabs.com