B2B Myth of the Week: Video Content Is Too Expensive
by MGB2B
“We can’t afford to do video.”
“A video guy is going to be too expensive.”
“Who’s going to write it? Who’s going to edit it?”
Lots of questions start to swirl around when you talk about B2B video content. But video is actually not as complicated as it used to be. And if you partner with the right vendors or agency, you can get a high-quality piece of content that suits your budget.
So What’s the Best Way to Get Started on Video Content for B2B Brands?
If you have no idea where to begin or don’t have the resources to commit to exploring your options, a B2B marketing agency can help evaluate and negotiate with illustrators, video producers, editors, and online video resources that do it all. Whether or not you use an agency, here’s what you’ll need to do first.
- Know Your Purpose. What is the goal of your video? Lots of B2B brands know that they “must have a video” and create one just to put an X in a box. But you need to take a step back and think about why you need a video. Perhaps you need an educational video series to build credibility in your industry. Or a simple explainer video to educate about the use or installation of a specific product. Maybe you want a polished brand video to put on your homepage. Knowing your purpose and the story you want to tell will help you with the very important next step…
- Set a Definitive Budget. The simple way to avoid being overwhelmed by the cost of video is to include it in your marketing budget from the beginning. It seems like common sense. But a lot of companies skip this part. Can you only spend $2,000? Or can you spare $10,000? Different price points get you very different types of videos and levels of quality. Knowing your budget will allow you or your agency to select the right video partners.
- Evaluate Quality vs. Cost. When determining who to partner with, obviously cost is a consideration. If your budget is only a few thousand dollars, you’ll likely need to go with an online vendor instead of having a professional shoot. But quality can be questionable. Make sure you look at value instead of going with the cheapest option. Ask yourself: “What level of quality, speed, and service am I getting for the price?” It takes a lot of research to find the right fit. So if you choose not to hire a marketing agency, make sure you have someone in-house who can devote a significant amount of time to weighing quality vs. cost.
- Don’t Skip the Script. Know exactly what you want to say and show in your video. Don’t “wing it.” A script and/or storyboard will help guide you along right from the drawing board. While it’s not something that directly affects your budget, it will keep everyone involved on track to produce more quickly and efficiently. This will help you spend less time (and money) in the editing room.
Creating video content for B2B brands is almost a necessity in 2018. And there are certainly many affordable options out there. The most important thing is to do it right, building trust in your brand and ultimately boosting ROI. Follow the steps above, and you’ll be a few steps ahead of your competitors.
Continue ReadingB2B Myth of the Week: Content Marketing Is Overcrowded, Oversaturated, and Useless
by Emily Swet
The Myth: Content Marketing is Overcrowded, Oversaturated and Useless
The Fact: Content Shock Can Be Your Strategy, Not Your Roadblock
White papers. Emails. Ebooks. Long Form. Blogs. Infographics. Videos. Influencers. Vlogs. It’s official. We have finally reached Content Shock status. The exponentially increasing volume of content is exceeding our human capacity to consume it. As a result, we are becoming far more selective about what we want to see and engage in.
Before you throw up your hands over another fleeting marketing trend, take a pause. Content isn’t going anywhere. (If it was, why would big brands like Unilever be investing in in-house content creation studios?) Content saturation isn’t your white flag, it’s your call to arms. You’d be sorely remiss to think it was time to give it up.
Your customers still engage in content 100%. And your competitors utilize it full-tilt. According to Forbes, 89% of B2B marketers report they use content to increase leads and drive their brands forward. Fine-tune your content program now, or get left behind. To stay in the game, you need a focused, aggressive strategy based on human experience.
From now on, your content strategy needs to:
- Be written directly for each of your customer personas
- Create an immersive experience
- Determine when it makes sense to pay-to-play
- Have a clear-cut customer payoff
- Include video
- Use data to gain a competitive advantage
If you think content marketing is overcrowded, you’re right. But have a look at these false predictions of the past, then ask yourself: can your brand afford to stand this one out?
Continue ReadingB2B Myth of the Week: Gated Content Will Bring In Loads of Leads
by Emily Swet
Myth: Gated Content Will Bring In Loads of Leads
Truth: Without a Strategy, Gated Content Can Kill Relationships
Gated content falls smack dab in the center of the B2B marketing wheelhouse. You can showcase your products and services. You can position yourself as a thought-leader in your industry. You can capture loads of sales leads in the process. And you can do it all on the cheap. Sounds like a win, right? So why not just jump in and dangle some gated content to your audience in exchange for their contact information?
Here’s why: according to a study done by Forester, 68% percent of buyers prefer to research information on their own. More significantly, 81% of Gen X-ers and Millennials opt out of downloading content simply because they don’t want to fill out a form. (If you think these groups aren’t making buying decisions, think again). This doesn’t mean employing gated content is pointless – there’s still tremendous value to be gained. It does mean, however, that you need to have a set strategy before you begin.
4 Tips for Gating Content
- Keep Your First Pieces Open. Too many forms at the start of a sales journey will do more harm than good. Establish trust, authority, and goodwill with quality content your audience can access immediately. This confirms that your brand offers information of value, and will be worth submitting contact info for down the road.
- Gate the Right Stuff. Resist the urge to gate every piece of content your marketing team produces. Lower value pieces (think tips, guidelines, and infographics) may not have a serious payoff and can leave your audience feeling misled. Whitepapers and case studies, however, can offer in-depth insight, and be worth exchanging an email for.
- Know Your Audience and Where They Are In The Sales Process. Are they seriously evaluating your product? Or are they still in education mode? Understanding your customers’ motivators will ensure the content you serve is relevant, and help you determine what to gate and what to offer instant access to.
- Don’t Ask For Everything. The more info you ask for, the higher the drop-off rate. Begin by asking for an email address, then nurture your customer further into your sales funnel by delivering relevant content from there.
For B2B brands (particularly those with lean marketing and sales departments), it’s tempting to gate everything you have. Granting free access and gating strategically, however, delivers leads that are far more qualified – saving time and money in the long run. And that’s where the value of gated content lies for you.
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