{"id":4519,"date":"2016-03-21T12:14:00","date_gmt":"2016-03-21T12:14:00","guid":{"rendered":"https:\/\/emoneyadvisor.com\/blog\/the-importance-of-video-marketing\/"},"modified":"2021-08-06T16:54:26","modified_gmt":"2021-08-06T16:54:26","slug":"the-importance-of-video-marketing","status":"publish","type":"thought_leadership","link":"https:\/\/emoneyadvisor.com\/blog\/the-importance-of-video-marketing\/","title":{"rendered":"The Importance of Video Marketing"},"content":{"rendered":"<p>Do you ever have trouble getting a client to commit to an annual review appointment? Or speak to a prospect that can\u2019t visualize the value you\u2019ll bring to their life?<\/p>\n<p>You can try what you\u2019ve always done \u2013 requesting a meeting through email or over the phone \u2013 or you can take a different approach.<\/p>\n<p>Today, the human attention span has shortened significantly. Getting your point across in the least amount of time possible is valuable.<\/p>\n<p>The average adult only reads 300 words a minute, while a single minute of video is worth 1.8 million words\u2026 So what does this mean for your client retention and prospecting efforts?<\/p>\n<p>It means you have a great opportunity to increase engagement with prospective clients and improve relationships with existing clients by including video content in your <a href=\"https:\/\/emoneyadvisor.com\/blog\/the-financial-professionals-complete-guide-to-creating-a-digital-marketing-strategy\/\">overarching digital marketing strategy<\/a>.<\/p>\n<p>Don\u2019t believe it? Let\u2019s look at the numbers.<\/p>\n<ul>\n<li>Video included in an email increases the click-through rate by 200% \u2013 300%.<sup data-redactor-tag=\"sup\">1<\/sup><\/li>\n<li>59% of senior executives prefer to watch video instead of reading text, if both are available on the same page.<sup data-redactor-tag=\"sup\">2<\/sup><\/li>\n<li>65% of executives have visited a vendor\u2019s site after watching a video.<sup data-redactor-tag=\"sup\">2<\/sup><\/li>\n<li>Using video on websites can converting prospective clients by 80%.<sup data-redactor-tag=\"sup\">3<\/sup><\/li>\n<li>Consumer internet video traffic will be 80% of all consumer Internet traffic by 2019.<sup data-redactor-tag=\"sup\">4<\/sup><\/li>\n<\/ul>\n<p>So as a subscriber to the eMoney Marketing Solution, the answer to catching \u2013 and keeping \u2013 your clients\u2019 and prospects\u2019 attention can be easier than you think.<\/p>\n<h2><strong>Using Your eMoney Marketing Solution Videos<\/strong><\/h2>\n<p>There are plenty of ways to use your videos to attract new clients and keep current clients engaged. Some of the most popular ways are by highlighting videos in your emails, on your social media profiles, and on your website.<\/p>\n<h3><strong>Use videos in email. <\/strong><\/h3>\n<p>Last year, Americans sent over 205 billion emails a day.<sup data-redactor-tag=\"sup\">5<\/sup> So it\u2019s safe to say your clients have seen their fair share of generic, recycled email content. In your next email, try incorporating video. For example, if you want to get together with a client to discuss the possibility of setting up a Trust, include a quick educational video on what a trust is and what it can accomplish for them. This way, the video can act as an educational opportunity and supplement a recommendation or proposal in a memorable and impactful way.<\/p>\n<h3><strong>Use videos on social. <\/strong><\/h3>\n<p>When promoting your practice on social media, video is a great way to open a dialog. Present an idea and ask your audience for their thoughts. Social media is about the conversation that develops surrounding your content, and video is an easy way to get people interested and engaged in conversation. In fact, video was a key component in <a href=\"https:\/\/emoneyadvisor.com\/blog\/how-one-advisor-went-viral-on-social-media\/\" target=\"_blank\" rel=\"noopener\">one financial planner&#8217;s viral social media marketing strategy<\/a>.<\/p>\n<h3><strong>Use videos on your website.<\/strong><\/h3>\n<p>Conversely, on your website, it\u2019s important that your content demonstrates your value as an advisor and highlights your expertise.<\/p>\n<p>When you provide relevant, directed, and topical video content to supplement your expertise, you\u2019ll increase your prospect conversion rate and strengthen your existing client relationships.<\/p>\n<h2><strong>What to Expect in the eMoney Marketing Solution<\/strong><\/h2>\n<p>The <a href=\"https:\/\/emoneyadvisor.com\/marketing\/\">eMoney Marketing Solution<\/a> is constantly evolving to help you capture the attention of your clients and prospects. Watch our webinar, &#8220;An Inside Look at Bamboo,&#8221; below to see how the tool can help you with your firm&#8217;s marketing efforts.<br \/>\n<script src=\"https:\/\/fast.wistia.com\/embed\/medias\/e18697djop.jsonp\" async><\/script><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding: 56.25% 0 0 0; position: relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height: 100%; left: 0; position: absolute; top: 0; width: 100%;\">\n<div class=\"wistia_embed wistia_async_e18697djop videoFoam=true\" style=\"height: 100%; position: relative; width: 100%;\">\n<div class=\"wistia_swatch\" style=\"height: 100%; left: 0; opacity: 0; overflow: hidden; position: absolute; top: 0; transition: opacity 200ms; width: 100%;\"><img decoding=\"async\" style=\"filter: blur(5px); height: 100%; object-fit: contain; width: 100%;\" src=\"https:\/\/fast.wistia.com\/embed\/medias\/e18697djop\/swatch\" alt=\"\" aria-hidden=\"true\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p><strong>Sources:<\/strong><\/p>\n<p>1. Daniels, David, Bobby Tulsiani, Carlton A. Doty, and Emily Murphy. \u201cAs Seen In The Inbox: Assessing Video Email Opportunities.\u201d <em>Forrester<\/em>, 2009. May 4. <a href=\"https:\/\/www.forrester.com\/report\/As+Seen+In+The+Inbox\/-\/E-RES54235\" target=\"_blank\" rel=\"noopener\">https:\/\/www.forrester.com\/report\/As+Seen+In+The+Inbox\/-\/E-RES54235<\/a>.<\/p>\n<p>2. \u201cVideo in the C-Suite: Executives Embrace the Non-Text Web.\u201d\u00a0<i>Forbes Insights<\/i>, 2010. <a href=\"http:\/\/images.forbes.com\/forbesinsights\/StudyPDFs\/Video_in_the_CSuite.pdf\" target=\"_blank\" rel=\"noopener\">http:\/\/images.forbes.com\/forbesinsights\/StudyPDFs\/Video_in_the_CSuite.pdf<\/a>.<\/p>\n<p>3. \u201cThe Benefits of Using Video on Landing Pages.\u201d <em>Unbounce<\/em>. <a href=\"https:\/\/unbounce.com\/landing-page-articles\/the-benefits-of-using-video-on-landing-pages\/\" target=\"_blank\" rel=\"noopener\">https:\/\/unbounce.com\/landing-page-articles\/the-benefits-of-using-video-on-landing-pages\/<\/a>.<\/p>\n<p>4. \u201cCisco Annual Internet Report (2018\u20132023) White Paper.\u201d\u00a0<i>Cisco<\/i>, 2020. March 9. <a href=\"https:\/\/www.cisco.com\/c\/en\/us\/solutions\/collateral\/executive-perspectives\/annual-internet-report\/white-paper-c11-741490.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.cisco.com\/c\/en\/us\/solutions\/collateral\/executive-perspectives\/annual-internet-report\/white-paper-c11-741490.html<\/a>.<\/p>\n<p>5. \u201cEmail Statistics Report, 2015-2019.\u201d\u00a0<i>The Radicati Group, Inc.<\/i>, 2015. March. <a href=\"http:\/\/www.radicati.com\/wp\/wp-content\/uploads\/2015\/02\/Email-Statistics-Report-2015-2019-Executive-Summary.pdf\" target=\"_blank\" rel=\"noopener\">http:\/\/www.radicati.com\/wp\/wp-content\/uploads\/2015\/02\/Email-Statistics-Report-2015-2019-Executive-Summary.pdf<\/a>.<\/p>\n<p>DISCLAIMER: The eMoney Advisor Blog is meant as an educational and informative resource for financial professionals and individuals alike. It is not meant to be, and should not be taken as financial, legal, tax or other professional advice. Those seeking professional advice may do so by consulting with a professional advisor. eMoney Advisor will not be liable for any actions you may take based on the content of this blog.<\/p>\n","protected":false},"author":47,"featured_media":4520,"template":"","thought_leadership_cat":[92,90],"class_list":["post-4519","thought_leadership","type-thought_leadership","status-publish","has-post-thumbnail","hentry","thought_leadership_cat-client-experience","thought_leadership_cat-marketing"],"acf":{"left_sidebar_ads":false,"right_sidebar_ads":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Importance of Video Marketing for Advisors | eMoney Advisor<\/title>\n<meta name=\"description\" content=\"Learn more about how incorporating video content into your client experience can help further engage and better communicate.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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