Videos can have a huge impact on attracting new audiences, educating leads, and converting (and delighting) customers.
That’s why we believe marketers should be using video at every stage of the marketing funnel.
When you frame video marketing in the context of the funnel, you can start to plan your videos around specific goals and ultimately see better results. In this blog, we’ll show you specific ways you can use video to win over customers at every stage of the buyer’s journey. We’ll show you what goes into creating a video sales funnel, and will include examples of video types, key metrics for success, and goals to help you plan your video marketing strategy.
We hope you walk away feeling refreshed, excited, and ready to start doing more with video today!
What is a video marketing funnel?
A video marketing funnel is a marketing strategy that uses videos to attract, educate, convert and retain potential customers. It's a more engaging and effective way to reach your target audience than traditional sales funnels. It helps you direct your consumers along the right path during their sales journey - from first becoming aware of your business, and considering what you can offer them, to finally making a purchase and then staying a loyal customer.
A marketing funnel illustrates the customer journey from awareness to purchase. It is a visual representation of the steps that a potential customer takes as they move closer to becoming a paying customer.
The marketing funnel is typically divided into three stages:
Top of the funnel - Awareness
Your goal at this stage is to get them - your customer - interested in learning more about what you have to offer. You can do this by creating high-quality content that is relevant to their needs, running advertising campaigns that target them specifically, and participating in social media conversations that they are already having. Once you have their attention, you can start to build a desire for your product or service. This is when you will want to focus on the benefits that your product or service can offer them, and why they should choose you over the competition.
Some of the most effective videos for 'Top of Funnel' marketing can include:
KEY METRIC: View count
Middle of the funnel - Consideration
The consideration stage is where potential customers are starting to see your product or service as a viable solution to their problem. They are doing research and comparing your offering to others. This is the stage where you need to nurture leads and build relationships.
Here are some things you can do to nurture leads and build relationships in the consideration stage:
Some of the most effective videos for 'Middle of Funnel' marketing can include:
KEY METRIC: Time spent watching + engagement with content
Bottom of the funnel - Decision
The purchase stage is the final stage of the marketing funnel. This is where potential customers are ready to buy your product or service. They have done their research, compared your offering to others, and decided that your product or service is the right fit for them.
There are a few things you can do to help potential customers convert at this stage:
PRO TIP: Since emotion is such a strong factor in decision-making, videos at this stage of the funnel benefit from a human touch to pack an emotional punch.
Some of the most effective videos for 'Top of Funnel' marketing can include:
KEY METRIC: Sign up's, discount code use, sales
Bottom of the funnel - Retention
Retention is a reticent addition to The bottom of the funnel and is also known as the "loyalty loop" because this is the stage where you can turn your customers into repeat customers and brand advocates.
There are a few things you can do to keep your customers coming back:
“Think of Retention videos as little touch points that help you stay connected with your customers.”
Some of the most effective videos for 'Top of Funnel' marketing can include:
KEY METRIC: Cohort retention, repeat sales, newsletter data
Video is a diverse tool that can be used to reach your target audience at every stage of the marketing funnel. By creating engaging and informative videos, you can attract new customers, educate them about your products or services, and convert them into loyal buyers.
Here are some additional tips for creating effective video marketing content:
By following these tips, you can create video marketing content that will help you reach your target audience and achieve your marketing goals.
Our team are happy to have a chat with you about how we can help achieve this!
Credit: Wistia