Video content has been an important element of social media marketing for a while now, but its popularity reached new heights due to the rise of social video app TikTok, which reached 76 million downloads last year. In 2021, one survey found that people are watching an average of 2.5 hours of video content a day, up from 1.5 hours in 2018.
As well as being entertaining, video is also an extremely effective tool for social media marketing; for example, ice cream brand ‘Little Moons’ went viral on TikTok, which prompted a buying frenzy that led to a 700% increase in sales at one retailer.
It isn’t just startup brands that have integrated video in their social media marketing strategy, many established companies have too, with brands such as Gymshark, Netflix and even Crocs winning many new fans through TikTok.
Even on more ‘traditional’ social media platforms such as Facebook and Instagram, video content is a must, with the introduction of Instagram ‘reels’ and Facebook ‘stories’. In a recent survey, it was found that 84% of people had been convinced to buy a product or service after watching a video about it.
Video should be an important part of your social media marketing strategy also because it is the preferred medium for many social media users; 69% of people would rather watch a video about a product or service compared to other options such as a text based article or infographic.