B2B study: video spend on the rise

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According to the B2B Video Marketing: B2B Benchmarks and Best Practices report most (69%) have used video for campaigns in the past; the remaining 31% say they ‘are planning’ to implement video in the near future. And, while only about 15% say their video campaigns are ‘very successful’, nearly two-thirds believe video is at least ‘somewhat successful’ for their brand.

About half (52%) are using video to increase brand awareness or to increase lead generation (45%) and online engagement (42%).

The full report can be accessed here.

Some interesting takeaways from the report include:

• 63% of B2B brands are increasing their video spend
• 82% of B2B marketers say video strategies are ‘successful’
• One-third plan to ‘significantly’ increase video budgets in the coming year
• 81% will use branded/company websites for distribution
• 73% will use sharing sites like YouTube for distribution

About two-thirds (66%) say they’ll link to video from their email or newsletter campaigns.

As for which channels give the most return, those survyed said the most effective channels were sharing sites like YouTube (26%) while company/branded websites and email/newsletters were found less effective.

The biggest challenges for B2Bers is the lack of budget dollars and in-house resources to create original content. Nearly half (45%) said developing/creating that content was another challenge.

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ABOUT THE AUTHOR

Kristina Knight-1
Kristina Knight, Journalist , BA
Content Writer & Editor
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Kristina Knight is a freelance writer with more than 15 years of experience writing on varied topics. Kristina’s focus for the past 10 years has been the small business, online marketing, and banking sectors, however, she keeps things interesting by writing about her experiences as an adoptive mom, parenting, and education issues. Kristina’s work has appeared with BizReport.com, NBC News, Soaps.com, DisasterNewsNetwork, and many more publications.