SlideShare a Scribd company logo
1 of 32
Download to read offline
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
Know what happened in
2016. Plan to win in 2017.
THE STATE
OF VIDEO
MARKETING
2017
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
WHAT TO EXPECT FROM THE FINDINGS
This year marks the first edition of The State of Video Marketing survey. We’ve surveyed 78 marketing thought leaders
from start-ups to Fortune 500 enterprises about their video marketing efforts and asked them to share their plans for
the coming year. This report is a reflection of marketers from organizations with varying levels of experience, budgets,
and strategies. The responses will help you discover what’s working for your peers, how to avoid common mistakes, and
help you take your video marketing to the next level. The survey results sheds light on:
‣ Differences between highly effective vs. less effective video marketers
‣ Preferred marketing platforms used for video distribution
‣ Marketers’ top challenges with video marketing
‣ Expected spending trends for 2017
‣ And much more
At Brite Content, we’re dedicated to supporting smart marketers like you to harness the power of video marketing to
connecting with customers. Our mission is to streamline video marketing to enable marketers to tell their story more
effectively. We believe the best way to excel starts with knowledge and data - which can be found in this report. Better
video marketing starts here. So let’s read on.
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
VIDEO IS TAKING OVER.
An overwhelming 96% of participants invested in video marketing in 2016! It’s no surprise that 30% of
participants reported spending $500,000+ on video marketing production and promotion in 2016. This means
marketers are finding video to be a valuable storytelling medium to connect with customers.
9.6 out of 10 marketer’s invested in video in 2016!
Almost 30% are spending over
$500,000/ year on video marketing
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
NOW IS THE TIME TO INVEST IN VIDEO MARKETING
43% marketers believe their organization is effective in video marketing and 63% of marketers surveyed plan
to increase their investment in video marketing in the coming year. The average budget increase sits around
11%. Many respondents who manually perform the steps of video marketing (plan, execute, optimize, and
report) intend to invest in software to automate the tedious and complex tasks associated.
OF MARKETERS
Report their
organization is effective
at video marketing
43%
OF MARKETERS
Plan to increase
video investment
in 2017
63%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
9 OUT OF 10 EXECUTIVES HAVE ALREADY
BOUGHT INTO VIDEO MARKETING
When asked about challenges surrounding video marketing, few marketers get push back from the
top. This indicates wide acceptance and understanding that video presents a large opportunity to
captivate and influence customers.
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
MARKETERS USING VIDEO MARKETING
AUTOMATION SOFTWARE ARE 5X MORE
EFFECTIVE THAN THOSE WHO DON’T
80% of respondents who reported to be effective at video marketing are using video marketing automation
software. The average ROI of effective marketers using software is 5X greater than those who don’t use
software.
EFFECTIVENESS
MARKETERS WHO
USE A MANUAL
APPROACH
MARKETERS THAT USE SOFTWARE
5X
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
SUCCESSFUL VIDEO MARKETERS PREFER
YOUTUBE FOR THEIR VIDEO CAMPAIGNS
OVER ANY OTHER PLATFORM
When polled about which platforms they are actively using, more than 90% of effective marketers reported
using both YouTube and Facebook platforms for video marketing. Smart marketers reach over 85% of the total
market through these two social video platforms.
YOUTUBE 96%
FACEBOOK 93%
ON-SITE 68%
TWITTER 53%
DSPs 42%
SNAPCHAT 21%On-
Site
DSP
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
MARKETERS THAT USE PLACEMENT TARGETING
ON YOUTUBE ARE 2X MORE LIKELY TO REPORT
THEIR VIDEO MARKETING AS SUCCESSFUL
Placement targeting, using specific videos or channels on YouTube is the most effective way to target. 59% of
successful video marketers rely on video placement targeting. Placement targeting is the most precise way to
target the right customer, with the right message, at the right time on YouTube.
EFFECTIVENESS
VIDEO & CHANNEL
INTERESTSDEMOGRAPHICS KEYWORDS
TARGETING TACTICS
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
FAR AND AWAY, THE TOP CRITERIA FOR VIDEO
MARKETING SOFTWARE IS INCREASING ROI &
CAMPAIGN PERFORMANCE
Increasing ROI and business performance tops the list of criteria for successful marketers.
Smart marketers are looking to software to increase conversion rates, increase efficiency, and
scale video marketing.
ROI
TARGETING
ORCHESTRATION
ROI is the #1 criteria
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
WHERE DO WE GO FROM HERE?
Win at video marketing by choosing the best next step for you.
You can: get a demo, begin a pilot, or see a competitive analysis.
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
FINDINGS DEEP DIVE
Now that you have a better idea of how successful marketers are using video to help them
market their products and the characteristics of a successful video marketer, we want to
delve a little more deeply into our respondent’s maturity level with video, their strategy, their
teams, and budget plans for video marketing.
The remaining slides cover the raw survey results and expose some really interesting data
about video marketers.
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
USAGE &
EFFECTIVENESS
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
WOULD YOU CONSIDER YOUR
ORGANIZATION TO BE EFFECTIVE AT
VIDEO MARKETING?
*Effectiveness is self-reported by survey participants
10%
19%
27%
32%
12%
Very Effective
Effective
Not Sure
Somewhat
Not Effective at all
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
HOW WOULD YOU DESCRIBE YOUR
ORGANIZATION’S VIDEO MARKETING
MATURITY LEVEL?
SOPHISTICATED
MATURE
ADOLESCENT
YOUNG
FIRST STEPS
NOT DEVELOPED 1%
25%
53%
20%
1%
1%
2%
13%
47%
35%
Effective Non-Effective
*Effectiveness is defined as accomplishing your overall marketing objectives, or the goals you’ve set for video specifically)
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
DOES YOUR ORGANIZATION HAVE A
VIDEO MARKETING STRATEGY/SOLUTION?
Yes - but it’s manual planning, set-up,
execution, optimization and reporting
Yes - we use video marketing
automation softwareI don’t know
No - we do not have
a strategy or solution
4%
27%
56%
13%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
STRATEGY &
ORGANIZATION
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
WHAT PLATFORMS ARE YOU USING
FOR DIGITAL VIDEO MARKETING?
YOUTUBE
FACEBOOK
OUR WEBSITE
TWITTER
DSP
SNAPCHAT
62%
32%
35%
15%
74%
91%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
DO YOU HAVE EXPERIENCE RUNNING
TRUEVIEW ADS ON YOUTUBE?
I know what they are, but
we haven’t used them
No - I’ve never heard of it
Yes - We did a test campaign, but
no campaigns are active today
Yes - we run TrueView
ads regularly
36%
17%
20%
27%
*TrueView format is skippable pre-roll ads
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
WHAT TARGETING TACTICS DO YOU
USE ON YOUTUBE? (MULTIPLE SELECT)
KEYWORDS
INTERESTS
GEOGRAPHIC / DEMOGRAPHIC
TOPICS
PLACEMENTS
1ST PARTY DATA
CUSTOMER EMAIL LIST
PERSON
30%
31%
40%
52%
64%
67%
73%
21%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
WHAT DO YOU USE VIDEO
MARKETING FOR?
AWARENESS - FILL TOP OF THE FUNNEL
ENGAGEMENT - GET CUSTOMERS TO TAKE ACTION
CONVERSION/ACQUISITION - CONVERT CUSTOMER TO REVENUE
LEAD NURTURING - MOVE POTENTIAL CUSTOMERS DOWN THE FUNNEL 29%
46%
62%
91%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
WHAT CHALLENGES ARE HOLDING
YOU BACK IN DIGITAL VIDEO
MARKETING?
HARD TO MEASURE ROI
LIMITED IN-HOUSE EXPERTISE
DON'T HAVE TEAM - TOO MUCH MANUAL WORK
DON'T HAVE BUDGET
DON'T HAVE GOOD VIDEO CONTENT
DON'T HAVE EXECUTIVE BUY-IN ON VIDEO MARKETING
44%
29%
10%
34%
43%
37%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
TECHNOLOGIES
& TEAMS
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
RANK THE MOST IMPORTANT
CRITERIA FOR EVALUATING A VIDEO
MARKETING PLATFORM
ADVANCED TARGETING
PERFORMANCE MARKETING / ROI
CAMPAIGN MANAGEMENT & ORCHESTRATION
REPORTING & ANALYTICS
VIDEO CONTENT SEQUENCING
PROFESSIONAL SERVICES (MANAGED CAMPAIGNS) 2.26%
4.1%
3.9%
2.41%
4.33%
4%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
WHAT GROUP IS RESPONSIBLE FOR
DIGITAL VIDEO MARKETING?
SEARCH & PERFORMANCE MARKETING
CONTENT MARKETING
SOCIAL MEDIA MARKETING
DEMAND GENERATION
21%
14%
13%
24%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
HOW MANY PEOPLE ARE ON YOUR
MARKETING TEAM?
1-5
5-10
10+ 9%
10%
81%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
BUDGETS &
SPENDING
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
HOW MUCH DID YOUR
ORGANIZATION SPEND ON VIDEO
MARKETING IN 2016?
* Spend reported includes total investment in video production and promotion only. It does not
include employee or staff costs.
$1-10K
$11-50K
$51-100K
$101-500K
$501K+
WE DID NOT SPEND
I DON'T KNOW 22%
3%
23%
15%
9%
13%
15%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
WHAT PERCENT OF YOUR
MARKETING BUDGET ARE YOU
SPENDING ON DIGITAL VIDEO TODAY?
1-10%
11-30%
31-50%
51%+ 3%
6%
21%
70%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
HOW MUCH DID YOUR ORGANIZATION
SPEND ON MARKETING TECHNOLOGY
SOFTWARE IN 2016?
$1,000-$10,000
$11,000-$50,000
$51,000-$100,000
$101,000-$500,000
$501,000+
We didn’t spend on Marketing Technology
9%
17%
29% 14%
17%
14%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
DO YOU ANTICIPATE A CHANGE IN
SPEND ON VIDEO MARKETING
TECHNOLOGY IN 2017?
7%
34%
4%
7%
21%
26%
Increase by 1-10%
Increase by 31-50%
Increase by 51%+
Keep the same spend
Spend Less
Increase by 11-30%
*Spend reported includes investment in video marketing technologies only. It does not include other marketing tech.
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
PROFILE OF A BEST-IN-CLASS
VIDEO MARKETER
Most Effective Average Least Effective
Plans to increase video marketing budget in 2017 70% 44% 67%
Uses placement targeting on YouTube 59% 29% 25%
Actively runs YouTube video campaigns today 50% 50% 0%
Spends over $100K a year on video marketing 45% 27% 0%
Believes ROI / Performance is the most important
criteria when evaluating a video marketing platform
26% 57% 42%
Uses software to drive results for their video
marketing
24% 7% 0%
Percentage of total marketing budget allocated to
video marketing
15% 16% 5%
Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending
WHO TOOK THE SURVEY?
MARKETING
& ADVERTISING
3%
6%
3%
20%
15%
3%
27%
3%
4%
5%
4%
3%3%
INSURANCE
CONSUMER TECH
CPG
EDUCATION
ENTERTAINMENT
NON-PROFIT
SPORTING GOOD
TRAVEL
FINANCIAL SERVICES
GAMING
SOFTWARE
RETAIL
31%
27%
42%
SMALL
LARGE
MEDIUM
COMPANY SIZE* VERTICAL
*Company size based on employee count. 1-200 = Small; 201-2,000 = Medium; 2,001+ = Large

More Related Content

What's hot

What's hot (20)

Digital marketing
Digital marketingDigital marketing
Digital marketing
 
Digital Marketing Plan - A Complete Digital Marketing Strategy Sample
Digital Marketing Plan - A Complete Digital Marketing Strategy SampleDigital Marketing Plan - A Complete Digital Marketing Strategy Sample
Digital Marketing Plan - A Complete Digital Marketing Strategy Sample
 
Go Big on Community Management!
Go Big on Community Management!Go Big on Community Management!
Go Big on Community Management!
 
The Art of Compromise: it's an agency/client thing
The Art of Compromise: it's an agency/client thingThe Art of Compromise: it's an agency/client thing
The Art of Compromise: it's an agency/client thing
 
Digital Marketing Trends for 2022
Digital Marketing Trends for 2022Digital Marketing Trends for 2022
Digital Marketing Trends for 2022
 
103 Genuine Marketing Thought Leaders
103 Genuine Marketing Thought Leaders 103 Genuine Marketing Thought Leaders
103 Genuine Marketing Thought Leaders
 
Top Social Media Marketing Trends to Follow in 2023
Top Social Media Marketing Trends to Follow in 2023Top Social Media Marketing Trends to Follow in 2023
Top Social Media Marketing Trends to Follow in 2023
 
6 Questions to Lead You to a Social Media Strategy
6 Questions to Lead You to a Social Media Strategy6 Questions to Lead You to a Social Media Strategy
6 Questions to Lead You to a Social Media Strategy
 
Digital marketing basics and trends
Digital marketing basics and trendsDigital marketing basics and trends
Digital marketing basics and trends
 
40 Inspiring Social Media Case Studies
40 Inspiring Social Media Case Studies40 Inspiring Social Media Case Studies
40 Inspiring Social Media Case Studies
 
Social Media Campaign
Social Media CampaignSocial Media Campaign
Social Media Campaign
 
Brand experience media planning
Brand experience media planningBrand experience media planning
Brand experience media planning
 
Performance Digital Marketing Stack 2019
Performance Digital Marketing Stack 2019Performance Digital Marketing Stack 2019
Performance Digital Marketing Stack 2019
 
In fast food wars, scale matters
In fast food wars, scale mattersIn fast food wars, scale matters
In fast food wars, scale matters
 
Why Influencer Marketing?
Why Influencer Marketing? Why Influencer Marketing?
Why Influencer Marketing?
 
Social Media Strategy
Social Media StrategySocial Media Strategy
Social Media Strategy
 
Talking TikTok: How to Authentically Activate and Convert on the Highest Enga...
Talking TikTok: How to Authentically Activate and Convert on the Highest Enga...Talking TikTok: How to Authentically Activate and Convert on the Highest Enga...
Talking TikTok: How to Authentically Activate and Convert on the Highest Enga...
 
2021 Social Media Monthly Report Template
2021 Social Media Monthly Report Template2021 Social Media Monthly Report Template
2021 Social Media Monthly Report Template
 
Growth Hacking
Growth HackingGrowth Hacking
Growth Hacking
 
Digital Marketing Trends 2023- Shereen Badr
Digital Marketing Trends 2023- Shereen BadrDigital Marketing Trends 2023- Shereen Badr
Digital Marketing Trends 2023- Shereen Badr
 

Similar to The State of Video Marketing 2017

Trends in video marketing
Trends in video marketingTrends in video marketing
Trends in video marketing
Utomo Prawiro
 
Wav whitepaper- video-5.5.14
Wav whitepaper- video-5.5.14Wav whitepaper- video-5.5.14
Wav whitepaper- video-5.5.14
Haney Sweda
 
State of Video Marketing Benchmark Report - 2016
State of Video Marketing Benchmark Report - 2016State of Video Marketing Benchmark Report - 2016
State of Video Marketing Benchmark Report - 2016
Demand Metric
 

Similar to The State of Video Marketing 2017 (20)

Trends in video marketing
Trends in video marketingTrends in video marketing
Trends in video marketing
 
B2B video_marketing_benchmark_report
B2B video_marketing_benchmark_reportB2B video_marketing_benchmark_report
B2B video_marketing_benchmark_report
 
Unlock the Power of Video
Unlock the Power of VideoUnlock the Power of Video
Unlock the Power of Video
 
Four Reasons Why Video Belongs In Your Marketing Strategy
Four Reasons Why Video Belongs In Your Marketing StrategyFour Reasons Why Video Belongs In Your Marketing Strategy
Four Reasons Why Video Belongs In Your Marketing Strategy
 
Infographic Vidyard Video Marketing 2018
Infographic Vidyard Video Marketing 2018Infographic Vidyard Video Marketing 2018
Infographic Vidyard Video Marketing 2018
 
Video Marketing with Marketo Engage
Video Marketing with Marketo EngageVideo Marketing with Marketo Engage
Video Marketing with Marketo Engage
 
How Social Video Ads Can Drive Business Results
How Social Video Ads Can Drive Business ResultsHow Social Video Ads Can Drive Business Results
How Social Video Ads Can Drive Business Results
 
Kiosked Brightcove Webinar US
Kiosked Brightcove Webinar USKiosked Brightcove Webinar US
Kiosked Brightcove Webinar US
 
Video & Digital Marketing services, where CMO's and C-Suite of businesses loo...
Video & Digital Marketing services, where CMO's and C-Suite of businesses loo...Video & Digital Marketing services, where CMO's and C-Suite of businesses loo...
Video & Digital Marketing services, where CMO's and C-Suite of businesses loo...
 
Start Smart, Scale Up, And Stand Out With Video
Start Smart, Scale Up, And Stand Out With VideoStart Smart, Scale Up, And Stand Out With Video
Start Smart, Scale Up, And Stand Out With Video
 
Video works
Video worksVideo works
Video works
 
Factors to Consider for Video Marketing
Factors to Consider for Video MarketingFactors to Consider for Video Marketing
Factors to Consider for Video Marketing
 
The CMO: Then and Now
The CMO: Then and NowThe CMO: Then and Now
The CMO: Then and Now
 
Wav whitepaper- video-5.5.14
Wav whitepaper- video-5.5.14Wav whitepaper- video-5.5.14
Wav whitepaper- video-5.5.14
 
2019 Video Marketing Statistics by Wyzowl
2019 Video Marketing Statistics by Wyzowl2019 Video Marketing Statistics by Wyzowl
2019 Video Marketing Statistics by Wyzowl
 
State of Video Marketing Benchmark Report - 2016
State of Video Marketing Benchmark Report - 2016State of Video Marketing Benchmark Report - 2016
State of Video Marketing Benchmark Report - 2016
 
Ant theory right quality vf
Ant theory right quality vfAnt theory right quality vf
Ant theory right quality vf
 
Key Strategies to Drive the Omnichannel Experience
Key Strategies to Drive the Omnichannel ExperienceKey Strategies to Drive the Omnichannel Experience
Key Strategies to Drive the Omnichannel Experience
 
Video Marketing Masterclass
Video Marketing MasterclassVideo Marketing Masterclass
Video Marketing Masterclass
 
High Performance Content Marketing
High Performance Content MarketingHigh Performance Content Marketing
High Performance Content Marketing
 

Recently uploaded

Driving AI Competency - Key Considerations for B2B Marketers - Rosemary Brisco
Driving AI Competency - Key Considerations for B2B Marketers - Rosemary BriscoDriving AI Competency - Key Considerations for B2B Marketers - Rosemary Brisco
Driving AI Competency - Key Considerations for B2B Marketers - Rosemary Brisco
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 

Recently uploaded (20)

Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptxDigital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
 
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
 
Factors-Influencing-Branding-Strategies.pptx
Factors-Influencing-Branding-Strategies.pptxFactors-Influencing-Branding-Strategies.pptx
Factors-Influencing-Branding-Strategies.pptx
 
Cash payment girl 9257726604 Hand ✋ to Hand over girl
Cash payment girl 9257726604 Hand ✋ to Hand over girlCash payment girl 9257726604 Hand ✋ to Hand over girl
Cash payment girl 9257726604 Hand ✋ to Hand over girl
 
Digital Strategy Master Class - Andrew Rupert
Digital Strategy Master Class - Andrew RupertDigital Strategy Master Class - Andrew Rupert
Digital Strategy Master Class - Andrew Rupert
 
Unraveling the Mystery of the Hinterkaifeck Murders.pptx
Unraveling the Mystery of the Hinterkaifeck Murders.pptxUnraveling the Mystery of the Hinterkaifeck Murders.pptx
Unraveling the Mystery of the Hinterkaifeck Murders.pptx
 
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
 
Martal Group - B2B Lead Gen Agency - Onboarding Overview
Martal Group - B2B Lead Gen Agency - Onboarding OverviewMartal Group - B2B Lead Gen Agency - Onboarding Overview
Martal Group - B2B Lead Gen Agency - Onboarding Overview
 
Branding strategies of new company .pptx
Branding strategies of new company .pptxBranding strategies of new company .pptx
Branding strategies of new company .pptx
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting GroupSEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
 
personal branding kit for music business
personal branding kit for music businesspersonal branding kit for music business
personal branding kit for music business
 
The+State+of+Careers+In+Retention+Marketing-2.pdf
The+State+of+Careers+In+Retention+Marketing-2.pdfThe+State+of+Careers+In+Retention+Marketing-2.pdf
The+State+of+Careers+In+Retention+Marketing-2.pdf
 
Unlocking the Mystery of the Voynich Manuscript
Unlocking the Mystery of the Voynich ManuscriptUnlocking the Mystery of the Voynich Manuscript
Unlocking the Mystery of the Voynich Manuscript
 
Foundation First - Why Your Website and Content Matters - David Pisarek
Foundation First - Why Your Website and Content Matters - David PisarekFoundation First - Why Your Website and Content Matters - David Pisarek
Foundation First - Why Your Website and Content Matters - David Pisarek
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
Situation Analysis | Management Company.
Situation Analysis | Management Company.Situation Analysis | Management Company.
Situation Analysis | Management Company.
 
Podcast Marketing Master Class - Roger Nairn
Podcast Marketing Master Class - Roger NairnPodcast Marketing Master Class - Roger Nairn
Podcast Marketing Master Class - Roger Nairn
 
Driving AI Competency - Key Considerations for B2B Marketers - Rosemary Brisco
Driving AI Competency - Key Considerations for B2B Marketers - Rosemary BriscoDriving AI Competency - Key Considerations for B2B Marketers - Rosemary Brisco
Driving AI Competency - Key Considerations for B2B Marketers - Rosemary Brisco
 
How to Create a Social Media Plan Like a Pro - Jordan Scheltgen
How to Create a Social Media Plan Like a Pro - Jordan ScheltgenHow to Create a Social Media Plan Like a Pro - Jordan Scheltgen
How to Create a Social Media Plan Like a Pro - Jordan Scheltgen
 
Uncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsUncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 Reports
 

The State of Video Marketing 2017

  • 1. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending Know what happened in 2016. Plan to win in 2017. THE STATE OF VIDEO MARKETING 2017
  • 2. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending WHAT TO EXPECT FROM THE FINDINGS This year marks the first edition of The State of Video Marketing survey. We’ve surveyed 78 marketing thought leaders from start-ups to Fortune 500 enterprises about their video marketing efforts and asked them to share their plans for the coming year. This report is a reflection of marketers from organizations with varying levels of experience, budgets, and strategies. The responses will help you discover what’s working for your peers, how to avoid common mistakes, and help you take your video marketing to the next level. The survey results sheds light on: ‣ Differences between highly effective vs. less effective video marketers ‣ Preferred marketing platforms used for video distribution ‣ Marketers’ top challenges with video marketing ‣ Expected spending trends for 2017 ‣ And much more At Brite Content, we’re dedicated to supporting smart marketers like you to harness the power of video marketing to connecting with customers. Our mission is to streamline video marketing to enable marketers to tell their story more effectively. We believe the best way to excel starts with knowledge and data - which can be found in this report. Better video marketing starts here. So let’s read on.
  • 3. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending VIDEO IS TAKING OVER. An overwhelming 96% of participants invested in video marketing in 2016! It’s no surprise that 30% of participants reported spending $500,000+ on video marketing production and promotion in 2016. This means marketers are finding video to be a valuable storytelling medium to connect with customers. 9.6 out of 10 marketer’s invested in video in 2016! Almost 30% are spending over $500,000/ year on video marketing
  • 4. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending NOW IS THE TIME TO INVEST IN VIDEO MARKETING 43% marketers believe their organization is effective in video marketing and 63% of marketers surveyed plan to increase their investment in video marketing in the coming year. The average budget increase sits around 11%. Many respondents who manually perform the steps of video marketing (plan, execute, optimize, and report) intend to invest in software to automate the tedious and complex tasks associated. OF MARKETERS Report their organization is effective at video marketing 43% OF MARKETERS Plan to increase video investment in 2017 63%
  • 5. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending 9 OUT OF 10 EXECUTIVES HAVE ALREADY BOUGHT INTO VIDEO MARKETING When asked about challenges surrounding video marketing, few marketers get push back from the top. This indicates wide acceptance and understanding that video presents a large opportunity to captivate and influence customers.
  • 6. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending MARKETERS USING VIDEO MARKETING AUTOMATION SOFTWARE ARE 5X MORE EFFECTIVE THAN THOSE WHO DON’T 80% of respondents who reported to be effective at video marketing are using video marketing automation software. The average ROI of effective marketers using software is 5X greater than those who don’t use software. EFFECTIVENESS MARKETERS WHO USE A MANUAL APPROACH MARKETERS THAT USE SOFTWARE 5X
  • 7. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending SUCCESSFUL VIDEO MARKETERS PREFER YOUTUBE FOR THEIR VIDEO CAMPAIGNS OVER ANY OTHER PLATFORM When polled about which platforms they are actively using, more than 90% of effective marketers reported using both YouTube and Facebook platforms for video marketing. Smart marketers reach over 85% of the total market through these two social video platforms. YOUTUBE 96% FACEBOOK 93% ON-SITE 68% TWITTER 53% DSPs 42% SNAPCHAT 21%On- Site DSP
  • 8. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending MARKETERS THAT USE PLACEMENT TARGETING ON YOUTUBE ARE 2X MORE LIKELY TO REPORT THEIR VIDEO MARKETING AS SUCCESSFUL Placement targeting, using specific videos or channels on YouTube is the most effective way to target. 59% of successful video marketers rely on video placement targeting. Placement targeting is the most precise way to target the right customer, with the right message, at the right time on YouTube. EFFECTIVENESS VIDEO & CHANNEL INTERESTSDEMOGRAPHICS KEYWORDS TARGETING TACTICS
  • 9. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending FAR AND AWAY, THE TOP CRITERIA FOR VIDEO MARKETING SOFTWARE IS INCREASING ROI & CAMPAIGN PERFORMANCE Increasing ROI and business performance tops the list of criteria for successful marketers. Smart marketers are looking to software to increase conversion rates, increase efficiency, and scale video marketing. ROI TARGETING ORCHESTRATION ROI is the #1 criteria
  • 10. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending WHERE DO WE GO FROM HERE? Win at video marketing by choosing the best next step for you. You can: get a demo, begin a pilot, or see a competitive analysis.
  • 11. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending FINDINGS DEEP DIVE Now that you have a better idea of how successful marketers are using video to help them market their products and the characteristics of a successful video marketer, we want to delve a little more deeply into our respondent’s maturity level with video, their strategy, their teams, and budget plans for video marketing. The remaining slides cover the raw survey results and expose some really interesting data about video marketers.
  • 12. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending USAGE & EFFECTIVENESS
  • 13. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending WOULD YOU CONSIDER YOUR ORGANIZATION TO BE EFFECTIVE AT VIDEO MARKETING? *Effectiveness is self-reported by survey participants 10% 19% 27% 32% 12% Very Effective Effective Not Sure Somewhat Not Effective at all
  • 14. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending HOW WOULD YOU DESCRIBE YOUR ORGANIZATION’S VIDEO MARKETING MATURITY LEVEL? SOPHISTICATED MATURE ADOLESCENT YOUNG FIRST STEPS NOT DEVELOPED 1% 25% 53% 20% 1% 1% 2% 13% 47% 35% Effective Non-Effective *Effectiveness is defined as accomplishing your overall marketing objectives, or the goals you’ve set for video specifically)
  • 15. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending DOES YOUR ORGANIZATION HAVE A VIDEO MARKETING STRATEGY/SOLUTION? Yes - but it’s manual planning, set-up, execution, optimization and reporting Yes - we use video marketing automation softwareI don’t know No - we do not have a strategy or solution 4% 27% 56% 13%
  • 16. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending STRATEGY & ORGANIZATION
  • 17. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending WHAT PLATFORMS ARE YOU USING FOR DIGITAL VIDEO MARKETING? YOUTUBE FACEBOOK OUR WEBSITE TWITTER DSP SNAPCHAT 62% 32% 35% 15% 74% 91%
  • 18. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending DO YOU HAVE EXPERIENCE RUNNING TRUEVIEW ADS ON YOUTUBE? I know what they are, but we haven’t used them No - I’ve never heard of it Yes - We did a test campaign, but no campaigns are active today Yes - we run TrueView ads regularly 36% 17% 20% 27% *TrueView format is skippable pre-roll ads
  • 19. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending WHAT TARGETING TACTICS DO YOU USE ON YOUTUBE? (MULTIPLE SELECT) KEYWORDS INTERESTS GEOGRAPHIC / DEMOGRAPHIC TOPICS PLACEMENTS 1ST PARTY DATA CUSTOMER EMAIL LIST PERSON 30% 31% 40% 52% 64% 67% 73% 21%
  • 20. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending WHAT DO YOU USE VIDEO MARKETING FOR? AWARENESS - FILL TOP OF THE FUNNEL ENGAGEMENT - GET CUSTOMERS TO TAKE ACTION CONVERSION/ACQUISITION - CONVERT CUSTOMER TO REVENUE LEAD NURTURING - MOVE POTENTIAL CUSTOMERS DOWN THE FUNNEL 29% 46% 62% 91%
  • 21. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending WHAT CHALLENGES ARE HOLDING YOU BACK IN DIGITAL VIDEO MARKETING? HARD TO MEASURE ROI LIMITED IN-HOUSE EXPERTISE DON'T HAVE TEAM - TOO MUCH MANUAL WORK DON'T HAVE BUDGET DON'T HAVE GOOD VIDEO CONTENT DON'T HAVE EXECUTIVE BUY-IN ON VIDEO MARKETING 44% 29% 10% 34% 43% 37%
  • 22. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending TECHNOLOGIES & TEAMS
  • 23. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending RANK THE MOST IMPORTANT CRITERIA FOR EVALUATING A VIDEO MARKETING PLATFORM ADVANCED TARGETING PERFORMANCE MARKETING / ROI CAMPAIGN MANAGEMENT & ORCHESTRATION REPORTING & ANALYTICS VIDEO CONTENT SEQUENCING PROFESSIONAL SERVICES (MANAGED CAMPAIGNS) 2.26% 4.1% 3.9% 2.41% 4.33% 4%
  • 24. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending WHAT GROUP IS RESPONSIBLE FOR DIGITAL VIDEO MARKETING? SEARCH & PERFORMANCE MARKETING CONTENT MARKETING SOCIAL MEDIA MARKETING DEMAND GENERATION 21% 14% 13% 24%
  • 25. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending HOW MANY PEOPLE ARE ON YOUR MARKETING TEAM? 1-5 5-10 10+ 9% 10% 81%
  • 26. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending BUDGETS & SPENDING
  • 27. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending HOW MUCH DID YOUR ORGANIZATION SPEND ON VIDEO MARKETING IN 2016? * Spend reported includes total investment in video production and promotion only. It does not include employee or staff costs. $1-10K $11-50K $51-100K $101-500K $501K+ WE DID NOT SPEND I DON'T KNOW 22% 3% 23% 15% 9% 13% 15%
  • 28. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending WHAT PERCENT OF YOUR MARKETING BUDGET ARE YOU SPENDING ON DIGITAL VIDEO TODAY? 1-10% 11-30% 31-50% 51%+ 3% 6% 21% 70%
  • 29. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending HOW MUCH DID YOUR ORGANIZATION SPEND ON MARKETING TECHNOLOGY SOFTWARE IN 2016? $1,000-$10,000 $11,000-$50,000 $51,000-$100,000 $101,000-$500,000 $501,000+ We didn’t spend on Marketing Technology 9% 17% 29% 14% 17% 14%
  • 30. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending DO YOU ANTICIPATE A CHANGE IN SPEND ON VIDEO MARKETING TECHNOLOGY IN 2017? 7% 34% 4% 7% 21% 26% Increase by 1-10% Increase by 31-50% Increase by 51%+ Keep the same spend Spend Less Increase by 11-30% *Spend reported includes investment in video marketing technologies only. It does not include other marketing tech.
  • 31. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending PROFILE OF A BEST-IN-CLASS VIDEO MARKETER Most Effective Average Least Effective Plans to increase video marketing budget in 2017 70% 44% 67% Uses placement targeting on YouTube 59% 29% 25% Actively runs YouTube video campaigns today 50% 50% 0% Spends over $100K a year on video marketing 45% 27% 0% Believes ROI / Performance is the most important criteria when evaluating a video marketing platform 26% 57% 42% Uses software to drive results for their video marketing 24% 7% 0% Percentage of total marketing budget allocated to video marketing 15% 16% 5%
  • 32. Copyright 2016 All Rights Reserved, Brite Content, Inc. - Patents Pending WHO TOOK THE SURVEY? MARKETING & ADVERTISING 3% 6% 3% 20% 15% 3% 27% 3% 4% 5% 4% 3%3% INSURANCE CONSUMER TECH CPG EDUCATION ENTERTAINMENT NON-PROFIT SPORTING GOOD TRAVEL FINANCIAL SERVICES GAMING SOFTWARE RETAIL 31% 27% 42% SMALL LARGE MEDIUM COMPANY SIZE* VERTICAL *Company size based on employee count. 1-200 = Small; 201-2,000 = Medium; 2,001+ = Large