When it comes to video marketing, social media has leveled the playing field for small business owners. You don’t need to be an expert videographer with costly equipment to create social media videos to market your business.
Video marketing can also provide a major return on your investment. A recent survey found that 87% of marketers saw an increase in traffic from video marketing, and 86% said video has helped them generate leads.
In this guide, we’ll walk you through the steps to create social media videos and market your small business online.
1. Know your video marketing goals.
Before you can start thinking about the ROI on your video marketing efforts, you need to define your goals. Here are some examples of common marketing objectives for social media video content.
Views. Tracking views can be an easy way to see how well your videos perform. However, the definition of a “view” varies across different social platforms based on how long people spend watching a video.
Facebook, for example, counts a view lasting three seconds or more. This means your view count might include someone who scrolls slowly through their feed but doesn’t watch your entire video.
Engagement. You can also measure the success of a video by its engagement level. While people often think of engagement as likes, comments and shares, there are a lot of other metrics you can track, such as saves, mentions and direct messages.
Your engagement rate depends on the metrics you choose and how you define your audience. To cut down on the math involved, you can use a free engagement rate calculator, such as this one from Hootsuite.
Click-through rate. This is another common video marketing goal. Click-through rates measure the number of viewers who click on a link from your video post to your website. A tool like Google Analytics lets you see where traffic to your site is coming from. If you’re not already using Google Analytics, it’s easy to set up.
From Google Analytics, you can see the sources of your traffic. For example, you can see how many visitors clicked through from a search engine results page or a social media post.
You can further fine-tune your tracking by adding UTM parameters to the links on your video posts. A UTM is a piece of code you add to the end of a URL in order to track the performance of that specific link.
Not a coder? Not to worry. Google’s handy Campaign URL Builder can help you easily generate URLs with UTM parameters.
Brand awareness. Video marketing can be a great way to increase awareness of your brand. This is a broad metric, but you can get a feel for brand awareness growth by looking at a wide range of other metrics, including those mentioned above.
You can also use a social listening tool to start seeing what people are saying about your brand. These tools let you monitor the social media conversations happening about your brand — and you can see conversations about your competitors, too. Some popular social media listening tools include Google Alerts, Mention and Hootsuite.