Tag Archives: digital marketing

Ask a Marketer: Video Marketing

Posted by Andy in Ask a Marketer, Marketing and tagged with , , , , ,

In the last two segments of the “Ask a Marketer” series we covered Paid Search and Email Marketing. This week’s topic is Video Marketing, and we talk to Derek Merdinyan of Video Igniter.

Q1: Give me the 3 second pitch – Why should I spend money to add video into my marketing mix?
Video enables you to package up and present your message in a way that is educational, entertaining, engaging and easily sharable.

Q2: What are some examples of things I can explain better using video than if I just tried to write it in a blog or white paper?
Software, technology, systems, stories, anything that is complex and better explained through analogy. In almost every case, it is possible to explain things better with animated video instead of ‘filmed’ video because animations can be used to focus on the specific visual details that make it easier to understand new material.

Q3: What are some ways I can take the money I spend on video, and use it in other areas?
If you are speaking about animation specifically, be sure to ask your animator for a full project archive – odds are you can repurpose the visual images they created (i.e. characters, icons, charts, etc) and turn those images into image posts for social media.

Q4: How much should I expect to pay for a video? What’s the range and what determines that range?
If you go to a freelancer marketplace website, you can expect to pay $300 – $5,000 – the range varies by a few factors, notably the production quality, the number of revisions you can request, and the overall responsiveness, creativity and professionalism of the person you are working with. Hiring a full on animation studio can run you $5,000 – $50,000 or more. 2D projects tend to cost between $3,000 – $15,000/minute for visual quality you will be proud of. Quality 3D animations are easily going to be north of $15,000/minute.

Q5: A standard line is that on a project, there’s Cheap, Fast and Good, and you can only have 2 of the 3. Is that true for video as well?
100%.

Q6: Anything else we need to know about Video Marketing?
Most people think you just make a video, put it online, and promote it. Few people analyze and optimize their video – which for many companies is their largest marketing asset. When you first put your video online, you should host it with a service that provides you analytics to see what % of people click the thumbnail to play the video & how long people watch the video before they stop. Are only 10% of your landing page visitors clicking the play button? Maybe you need a better thumbnail for the video.  Do most people watch the whole video or are a large number of people dropping off around 14 seconds? If your video is animated, it’s much easier to revise and recreate part of your video to make it flow better for viewers; live action videos are harder and more expensive to optimize because it means bringing back the same film crew, actors and booking a location just to re-shoot an alternate segment. It would be wise, for both live action and animated marketing videos to create multiple alternate endings for your video to see which variation leads to more conversions (i.e. sign up here, call this #, download the app, join our newsletter, etc).

Ask a Marketer: Paid Search

Posted by Andy in Uncategorized and tagged with , , , ,

Last week we started the “Ask a Marketer” Series with Email Marketing tips from Elizabeth Case. This week we shift to paid search, with Local SEM Expert Rick Read.

Q1: Companies seem to be moving almost all of their Paid Ad budget to Google, Facebook and LinkedIn. What are you seeing from clients?

Rick: Yes. Paid media dollars are being moved to Search (Google//Bing), Facebook, and LinkedIn. Search always seems to be a steady driver of clicks and usually if examining the whole funnel search usually plays a role in influencing end clicks elsewhere in the funnel. FB and LI, have great results because of their ability to deliver more engaging content/creative and have powerful targeting capabilities. For all channels I would recommend leveraging custom audiences and re-marketing where you can.

Q2: What kind of landing page work should you do before starting a Paid Search campaign?

Rick: We see best results with a Clear top of page/above the fold CTA. If you at driving to leads to gated content, I recommend testing that to see if it works with your audience and campaigns. Search works best with as few steps to an end action as possible.

Q3: What is the minimum budget you need to make a Paid Search program worthwhile? How much for media, how much to hire help?

Rick: This is a difficult question as it has a lot of dependencies. Vertical, Keywords, brand awareness, and competition. depending on your KPI. You can allocate your funds in equal proportion and as your campaign runs you begin to shift budgets to media that perform better. But avoid the “last click” measurement model, try to measure and take into consideration the value search has on a FB click, even if search doesn’t get the last click.

For search you can use Google’s keyword planner and get an idea of search query volume and average CPC and then project that over the QTR then year. initially you want use this figure and add an additional 10-20% to it and run for 3-6 months and measure the results. You may find you cannot spend the money, or it may not be enough and will require additional investment. As far as staff resources, depending on account size, you may need a minimum of two people. one for PPC and one for Social. One can do it but they are two different practices that are involved enough to be a challenge for a single individual. But there are plenty of Agencies that handle any size business, so that is an option.

Q4: What are some ballpark Paid Search CPC and CPM rates these days for different industries?

Rick: Again this is a difficult question to answer. You can find a lot of info here https://trends.google.com/trends/ . CPC is effected by brand/non-brand keyword mix, Brand power, competition and quality score. etc. We have $40 keywords and keywords as low as $1 on branded terms. so again these are hard numbers to pin down.

Have more questions for Rick? Shoot me an email or find him on LinkedIn..