On my way to see a potential client, and in the video below I want to talk about why making videos for your business can be a complete waste of money.
The main point is that most businesses don’t have a video strategy. They make video on what I call an ad hoc or one-off basis, and there are no concrete goals with what the video should achieve (increase brand awareness, new leads, education, entertainment, etc.) The business justs make content for content sake.
Another potential money waster is making a video for what the business thinks the audience wants to hear. They make videos about their own business (who we are, what we do) rather than considering the audience and making content which actually will resonate with them.
A third mistake I see is not having a marketing or distribution plan in place. Only uploading to YouTube and a few social media posts are not enough. Videos need to be seen as an asset and therefore, to make it work is to pay for some advertising to place it in front of your intended audience.
The way I help my clients and the way I work with them is to join all the dots when it comes to video creation and to help them create a video strategy. And I was just wondering, do you have a video strategy for your content?
When I get inquiries from potential clients who say “I want a video, how much?” I think this is the wrong first question to ask. Day 12 of my video challenge and this one is a little different. Apart from the different format (wide rather than square), and it’s shot on a DJI Osmo Pocket (apologies for the sound as just using the onboard mic), this video is a bit of a rant, a rant on how not giving any indication of a budget to a video company does not help.
I get asked this question many times, “why is video expensive?”. There are lots of variables when it comes to producing video content and depends on what you are comparing the cost against. Video can only be seen as expensive if there are no goals, no promotion and no performance set against it. Next time you’re thinking of making a video, don’t see it as a cost, see it as an investment.
I have worked with hundreds of businesses making thousands of videos over the last 15 years. So in the previous two or three years, the way that we do videos and the way we promote videos and online has changed so much. I see businesses still want to make what I call the traditional corporate video, and this doesn’t work anymore. Day 5 of my video challenge.
In this video, I explain the five mistakes I see businesses make when it comes to corporate video.
1. Not thinking of the audience
2. Wanting a ‘magic’ bullet video
3. Not creating enough video content
4. No amplification of the video
5. Focusing on the production of the video