In 2021, more than 2.3 billion unique users go to YouTube‘s site each month, consuming more than 1 billion hours of video each day. Additionally, 90 percent of people say they discover new brands or products via YouTube. For businesses, this means YouTube is a prime advertising arena and a crucial platform to utilize for branding.
In our visually driven digital age, video and images are what sells. Potential customers are drawn in by enticing and eye-catching visuals. With the widespread use of smartphones, online videos are easily available at the swipe of a finger.
Society is “moving towards images and video; this is how we want to digest information,” said Toronto coach Matthew Hunt of Small Business Online Coach.
Online videos can also be a more economical form of advertising, giving businesses a great alternative to expensive television commercials. “Web videos reduce the amount of capital that a business needs so that they can create their own commercials, infomercials and other such videos,” Garret Silva wrote in Web Video Mastery.
As a global platform, YouTube draws in audiences from over 100 countries and is available in 80 languages. Currently, 62% of businesses are already using YouTube to post video content. Video content is a great way to increase engagement and develop a relationship with your company’s target audience. Web videos grant companies the opportunity to form an emotional connection with their audience and further encourage brand loyalty as well.
Entrepreneurs who wish to do more than just keep up with the competition should begin to incorporate online video as part of their marketing strategy. YouTube content can take a variety of forms, from short, information based videos, to advertisements, or longer lectures, web seminars, and series.
3 Key strategies to get started on YouTube
Have a niche.
Regardless of the product or service being sold, the content should target a specific segment of the online universe.
Latina in Business’s YouTube channel is an extension of our editorial platform. Our niche is minority women entrepreneurs and business owners. We post content such as webcast interviews with Latinx leaders, virtual workshops, and conversations with industry professionals on various topics surrounding business, diversity and inclusion, and entrepreneurship.
Entrepreneurs should create video content that is memorable and distinctive as compared with the millions of other clips uploaded daily. Consider that 400 hours of video content is uploaded to YouTube every minute, according to YouTube. With that volume being shared on the Internet, an entrepreneur must figure out how to best resonate with the online community.
Attractive thumbnails are another component that will draw viewers in and keep coming back. Be consistent with your visual brand so that viewers will be able to recognize your content from the rest.
You might be interested: 3 Latest video trends successful businesses use to engage their audiences
Don’t bet the farm on one platform.
It is no secret that YouTube is the most popular name in the world of video platforms. But along with YouTube, other platforms carry video, including Instagram, TikTok, Twitter and Vimeo as well as Facebook.
Entrepreneurs should avoid shaping a video strategy focused solely on one platform. Failing to develop a plan involving other platforms puts the entrepreneur at risk if the primary platform fails or changes its business model to the entrepreneurs’ detriment. Consider utilizing other platforms to post varied video content.
Sites like Instagram and Twitter are great for posting shorter clips. Instagram also offers the option of livestreaming, which is great for longer content and engaging in the moment with your audience. Facebook is a good place to reach older audiences and share longer videos, such as reposting past livestreams or information based videos. Vimeo’s user-base is known for its more creative-driven content. Many students and filmmakers utilize this platform to share their short films and creative projects. If your brand is focused on producing creative and experimental visual content or you aim to reach these audiences, this might be a good platform to use.
Finally, TikTok is the newest and most popular among young, Gen Z audiences. Teens use the platform to create short-form, entertaining content, similar to what Vine used to be before the app shut down. It may be harder to reach audiences on TikTok, but if your brand is young, fresh and targets this demographic, TikTok could be the perfect platform for your brand.