The State of Video Marketing in 2018. Reason you should consider producing more video content!

HubSpot gathered these statistics by surveying 570 unique respondents in December 2017. The respondents consisted of both marketing professionals and online consumers.

The State of Video Marketing in 2018

  • 81% of businesses use video as a marketing tool — up from 63%, the number reported in our 2017 survey.
  • 99% of those who already do use video, say they’ll continue to do so in 2018.
  • 65% of those who don’t currently use video, say they plan to start in 2018.
  • 97% of marketers say video has helped increase user understanding of their product or service.
  • 76% say it helped them increase sales.
  • 47% say it helped them reduce support queries.
  • 76% say it helped them increase traffic.
  • 80% of marketers say video has increased dwell time on their website.
  • 95% of people have watched an explainer video to learn more about a product or service.
  • 81% of people have been convinced to buy a product or service by watching a brand’s video.
  • 69% of people have been convinced to buy a piece of software or application by watching a video.
  • 85% of people say they’d like to see more video from brands in 2018.
Source:
https://blog.hubspot.com/marketing/state-of-video-marketing-new-data