In the fast-paced world of digital marketing, finding innovative ways to engage and convert potential customers is essential for business success. Explainer videos have emerged as a powerful tool to achieve these goals, offering a concise and engaging way to communicate complex ideas about your products or services.
In this comprehensive guide, we’ll explore how explainer videos can help you acquire new customers and why they are an indispensable part of your marketing strategy.
What is an explainer video?
Explainer videos are short, visually captivating videos that serve the purpose of explaining a business idea, product, or service in a way that’s easy to understand. These videos are typically kept within the 60-second to 2-minute range, making them ideal for delivering complex messages concisely. They use a combination of visuals, animations, and narration to make the content engaging and memorable.
Why Use Explainer Videos to Acquire New Customers?
1. Increased Understanding
Explainer videos excel at breaking down complex ideas into easily digestible, bite-sized chunks. In today’s fast-paced world, potential customers often have limited time and patience. They want to understand your offering quickly and efficiently. According to a study by Forbes, 75% of executives watch work-related videos on business websites at least once a week, underscoring the importance of simplifying your message.
2. Higher Conversion Rates
A well-crafted explainer video can have a profound impact on conversion rates. A study by Video Brewery found that including an explainer video on your landing page can increase conversions by up to 20%. When potential customers can quickly grasp the value of your product or service, they are more likely to take action and become paying customers.
3. Enhanced Engagement
Human beings are naturally drawn to visuals. It is estimated that viewers retain 95% of a message when they watch it in a video compared to just 10% when reading it in text. By captivating your audience with an explainer video, you significantly increase engagement. This enhanced engagement can lead to stronger brand loyalty and higher customer acquisition rates.
4. Improved SEO
Embedding explainer videos on your website can also enhance your search engine optimization (SEO) efforts. Google and other search engines prioritize high-quality, engaging content, and videos tend to rank well in search results. By optimizing your videos with relevant keywords and metadata, you can improve your website’s visibility and attract more organic traffic.
Explainer Videos for Sales: Why Are They So Effective?
1. Simplicity and Clarity
Explainer videos distill complex concepts into clear and easy-to-understand narratives. This clarity helps potential customers quickly grasp the value of your product or service. By breaking down your offering into straightforward terms, you remove barriers to entry for potential customers, making it more likely for them to make a purchase.
Effective explainer videos tell a story. They present a problem that potential customers can relate to and then demonstrate how your product or service solves that problem. By doing so, you create an emotional connection with your audience, making them more likely to take action. When customers see your product or service as the solution to their problems, they are more inclined to make a purchase.
3. Visual Appeal
As mentioned earlier, humans are naturally drawn to visuals. Explainer videos leverage this inclination by combining striking visuals with compelling narration. This combination leaves a memorable impression, ensuring that your brand and message stay with potential customers long after they’ve watched the video.
Explainer videos are incredibly versatile and can be used across various marketing channels, such as your website, social media, email campaigns, and presentations. This versatility ensures a consistent and engaging brand message, regardless of where potential customers encounter your content.
How Much Does a 1-Minute Explainer Video Cost?
The cost of creating an explainer video in the USA can vary significantly, depending on various factors such as video length, complexity, and the explainer video production company you choose. As a general guideline, it’s common to budget between $5,000 and $20,000 for a basic explainer video.
For a customized 1-minute explainer video, you can anticipate a cost range of $3,500 to $5,500. The actual cost may vary based on factors like the type, style, and complexity of your project.
If cost is a significant concern and top-tier quality isn’t a priority, there are more budget-friendly options available. Freelancers and online video creators offer low-quality explainer videos for prices ranging from $500 to $2,500.
With years of experience in the marketing industry, I’ve witnessed the remarkable impact of explainer videos on businesses. The key takeaway is that the attention span of online audiences is shrinking. To keep potential customers engaged and interested, businesses need to convey their messages quickly and effectively. Explainer videos do precisely that.
Furthermore, the use of explainer videos aligns perfectly with the modern consumer’s preferences. They value simplicity, clarity, and the convenience of visual content. By incorporating this medium into your marketing strategy, you not only increase sales but also adapt to the evolving demands of your target audience.
Explainer videos have become an indispensable tool in the arsenal of businesses looking to boost their sales and conversion rates. They offer a simple and engaging way to convey your message, increase understanding, and create a lasting impact on your audience. When considering ways to improve your sales figures, remember the power of the explainer video. It’s not just a trend; it’s a smart business move in today’s digital landscape. Start creating your explainer video today and watch your sales soar.