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Why companies should utilise and leverage corporate video production

By rotide
Created 28/08/2024 - 13:38
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As digital platforms continue to evolve, companies are increasingly turning to corporate video production to capture the attention of their audiences, build strong brand identities, and drive their strategic goals forward. The question is no longer whether a business should use video, but how to best leverage this dynamic medium to stay competitive in a crowded marketplace.

Coolbox Films, are corporate film production experts [1] based in Brighton, who specialise in helping companies create compelling video content that not only resonates with their target audiences but also aligns with their brand values and objectives. In this article, we explore why corporate companies should harness the power of video production, examining the strategic benefits it offers and the reasons behind its growing importance in today’s digital-first world.

Understanding Corporate Video Production

Corporate video production involves creating high-quality video content tailored specifically for business needs. It serves multiple purposes, from marketing and employee training to internal communications and brand storytelling, making it a versatile and effective tool for businesses.

Corporate video production encompasses a wide range of video types designed to serve various business functions. These videos are crafted to convey specific messages to target audiences, whether for external marketing efforts or internal communications.

Corporate videos are characterised by their professional quality and strategic alignment with a company’s brand message. Unlike casual or user-generated content, corporate videos are meticulously planned and produced to ensure they reflect the company’s values and objectives.

Examples of Corporate Videos

Promotional Videos: Highlight a product, service, or event to attract and engage potential customers.

Training Videos: Provide instructional content for employees to enhance skills and knowledge, ensuring consistency in training delivery across the organisation.

Explainer Videos: Simplify complex concepts or products into digestible content, making it easier for customers or employees to understand.

Testimonial Videos: Feature satisfied customers or employees sharing their positive experiences, building credibility and trust with potential clients.

Target Audience and Objectives

Corporate videos cater to diverse audiences and are designed to achieve specific objectives.

Internal vs. External Audiences: Corporate videos can be tailored for internal audiences, such as employees, for purposes like training, onboarding, or corporate announcements. Conversely, they can target external audiences, such as customers and stakeholders, to boost marketing efforts and enhance brand engagement.

Content Goals: Common goals for corporate videos include building brand awareness, educating viewers, driving sales, or fostering a strong company culture. For instance, a corporate video production company helping Brighton-based businesses, such as **Coolbox Films**, might create a series of training videos to support employee development while also producing promotional content to attract new clients.

Key Reasons to Leverage Corporate Video Production

There are several compelling reasons why companies should embrace corporate video production, as it offers numerous benefits that can positively impact various aspects of business operations.

Enhancing Marketing and Brand Awareness

Boosting That Engagement

Video content is far more engaging than text or static images, leading to higher interaction rates on social media platforms and websites.

Video as a Preferred Format: Research shows that video is the most consumed content type on social media and other online platforms. A study by HubSpot revealed that 54% of consumers want to see more video content from brands they support, making it clear that video is an effective medium for capturing audience attention.

Higher Retention Rates: Viewers retain 95% of a message when it is conveyed through video, compared to just 10% when reading text. This high retention rate makes video a highly effective format for communicating brand messages and ensuring they stick with the audience.

Strengthening Brand Identity

Corporate videos can convey a company’s brand identity, values, and story more effectively than other forms of content, helping to differentiate it in a crowded market.

Visual Storytelling: Video allows for powerful visual storytelling, which can build a strong brand narrative and foster an emotional connection with the audience. Coolbox Films specialises in crafting visually compelling stories that resonate with viewers and reinforce the brand’s identity.

Consistency Across Channels: Consistent branding across all video content is essential to reinforce recognition and build trust. Whether it's a training video or a promotional piece, maintaining brand consistency helps to ensure that all video content supports the company’s overall messaging strategy.

Improving Customer Education and Conversion Rates

Explainer Videos and Tutorials

Explainer videos and tutorials are excellent tools for educating customers about products or services, reducing confusion, and enhancing the overall customer experience.

Simplifying Complex Information: Videos can break down complex products or services into easy-to-understand visuals and demonstrations, making it easier for customers to grasp their value and functionality.

Driving Action: Educational videos effectively guide customers through the buyer’s journey, providing the information needed to make informed decisions and encouraging them to take action. Companies that use explainer videos can see conversion rates increase by up to 20%.

Testimonials and Case Studies

Testimonial and case study videos are powerful tools for building trust and credibility with potential customers by showcasing real-life success stories and authentic customer experiences.

Authenticity and Social Proof: Authentic customer testimonials provide social proof, which is crucial for influencing purchasing decisions. These videos show potential customers that others have successfully used the product or service, increasing their confidence in the brand.

Showcasing Success Stories: Case study videos highlight the tangible benefits of a product or service, offering compelling evidence that can help persuade potential customers to choose a

particular brand. By showcasing detailed results and customer satisfaction, these videos can significantly impact conversion rates.

Enhancing Internal Communication and Training

Video content can significantly enhance employee training and onboarding processes, making them more engaging and effective.

Consistency in Training: Video provides a consistent training experience across different teams and locations, ensuring that all employees receive the same high-quality instruction, regardless of their location.

Interactive Learning: Interactive videos, which may include quizzes or clickable elements, enable employees to engage more deeply with the content, improving retention and comprehension.

Boosting Employee Engagement

Videos can improve internal communication by keeping employees informed and engaged with company news and updates.

Corporate Announcements: Videos are ideal for significant corporate announcements or CEO messages, providing clarity and engagement that written communications may lack.

Showcasing Company Culture: Videos that showcase company culture, such as behind-the-scenes footage or employee testimonials, can boost morale and foster a sense of belonging among employees.

Key Strategies for Effective Corporate Video Production

To maximise the impact of corporate video production, companies should employ strategic approaches that align with their business goals and audience preferences.

Aligning Video Content with Business Goals

Setting Clear Objectives

Clear objectives are essential to ensure each video aligns with broader business goals.

SMART Objectives: Utilising SMART objectives (Specific, Measurable, Achievable, Relevant, Time-bound) is critical for effective video content planning and ensuring that each video serves a strategic purpose.

Aligning with Marketing Strategies: Videos should complement overall marketing strategies, whether aimed at raising brand awareness, generating leads, or retaining customers. Coolbox Films, a corporate video production company helping Brighton-based businesses, works closely with clients to ensure their video content aligns with their marketing objectives and delivers measurable results.

Understanding the Target Audience

Tailoring video content to the specific needs and preferences of the target audience is crucial for maximising engagement and effectiveness.

Audience Segmentation: Segmenting the audience allows for the creation of more targeted and relevant video content that resonates with specific viewer groups.#

Content Personalisation: Personalising video content, such as addressing the viewer by name or tailoring messages to their interests, can significantly increase relevance and engagement.

Investing in High-Quality Production

Hiring Experts: Hiring professional videographers, editors, and producers can help achieve high-quality output that enhances the brand's image. **Coolbox Films** offers a full suite of video

production services, from concept development to final editing, ensuring each video is polished and professional.

Balancing Quality and Budget: Balancing production quality with budget constraints is essential. Tips such as renting equipment or hiring freelance talent can help achieve professional results without exceeding budget limitations.

Key Performance Indicators (KPIs): Monitoring KPIs such as view counts, watch time, shares, and conversions provides insights into how well videos are performing and where improvements are needed.

Continuous Improvement: Using performance data and feedback to continuously improve video content can help enhance the effectiveness of future videos and better achieve business goals.

Emerging Trends in Corporate Video Production

Keeping up with emerging trends in corporate video production can help companies maintain a competitive edge and engage their audiences more effectively.

Short-Form and Snackable Content

Short-form videos are increasingly popular on platforms like TikTok and Instagram Reels, driving higher engagement rates.

Engagement on Social Media: Short-form videos are designed to capture attention quickly and are often more shareable, contributing to higher engagement on social media platforms.

Creating Value Led Content: Tips for creating compelling short-form content include focusing on a single message, using captivating visuals, and maintaining a fast-paced, engaging style.

If you are a corporate company looking to grow using online digital marketing, video production is the best way to do it. Coolbox films are based in Brighton but work with companies all over the UK. They are professional and offer a full A-Z video production service. However, if you have a inhouse team then the tips and tricks in this article should be the perfect starting point.

 

 


Source URL:
https://www.newbusiness.co.uk/articles/trainingeducation/why-companies-should-utilise-and-leverage-corporate-video-production