Video content has emerged as the preferred format of consuming content. You don’t need statistics to figure that out. Just think of your own browsing choices. If you wanted to know about the top 10 places to holiday (or any other topic), would you read about it or watch a three minute video?
Here are some staggering statistics that shows the popularity of videos:
> Video traffic was 73% of all consumer internet traffic in 2016. This will rise to 82% by 2021. (Cisco VNI, 2016)
> YouTube has one billion users. That’s two third of all internet users.
> 87% of online marketers use video marketing. (Outbrain)
> 10 million videos are watched in Snapchat everyday
> More than 500 million hours of video is watched on Youtube everyday
Why Do We Prefer Video?
So what is it that makes us prefer video over text? It’s our lazy brain.
Our brains need more work to construct meaning from text. On the other hand, comprehending visuals is easy for our brains.
The eyes are our most active sense and we have used visual communication for thousands of years. The combination of visuals and auditory input is what makes video a more natural way of communication for us.
90% of information sent to the brain is visuals and the interesting fact is that visuals are processed 60,000 times faster than text. This is the reason videos need fewer steps to extract meaning and are perceived with ease.
What Video Marketing Can Do for Your Business?
Videos can do all that a successful marketing tool should do for your business. It can increase your conversion, builds your brand and sell your product convincingly. Consider the following numbers:
- Videos on landing page improve conversion rate by 80% (Eyeview Digital)
- 4 in 5 consumers believe that demo videos are helpful
- Online shoppers who view video are 1.8 times more likely to make a purchase than non-viewers. (Animoto,2015)
- Using the word ‘video’ in the e-mail subject line increase the open rate by 19% (Syndacast)
- Visitors spend 2.6 times more time on a page with video (Wistia)







