Lehel Reeves shares why consumers prefer video and how dealerships can lose sales if they fail to provide it.
There are a huge number of travelers on domestic flights each year. Southwest Airlines, not unlike others, offers these passengers paid wi-fi, but, more importantly, in-flight entertainment. The standard of that entertainment has changed immensely over the years. In the not too distant past, flight attendants collected discarded newspapers and magazines and offered them up to the next group of fliers for ‘entertainment.’
Today is vastly different due to the mediums now available and advances in technology which has effectively changed people’s desires. Take a look at this image.
It is a current pamphlet in every Southwest Airlines seatback notifying passengers that there is “in-flight entertainment.”
Let’s do a quick dive into these. Five types of “free” entertainment are promoted– movies, on-demand TV, messaging, live TV and music. How many of these are video-related items? 3 out of the 5!
Guess what folks? Airlines have chosen video as the preferred method of entertainment. I bet that there were focus-groups galore before they decided what amenities they wanted to adopt and market. You better believe they did that before adopting the technology along with the related expenses!
Of course, some passengers bring their own newspapers and magazines (because the airlines don’t offer them anymore, except for their own in-flight magazines). Passengers also bring digital reading material and… surprise… iPads with movies (hint: videos)!
There are many things these days that can be used to entertain people while stuck in a giant tube 15,000 feet in the air –all looking for things to … God help me… pass the time. Personally, I prefer to sit in the first-row isle seat — I like to be the first one OFF the plane, rest my cowboy hat on my knee, and…watch movies that I’ve downloaded specifically for the flight.
If you are hesitant or uncertain about the impact video can have on your customers, just be observant on your next airplane ride and see what the majority of people are doing to pass the time… I would bet I know the answer.
If you ever travel with a cowboy hat, rest it crown up on the seat back tray to avoid any damage. Be sure to thank the flight attendants and, once you see that everyone is watching some sort of video content, take a break from any in-flight entertainment you may be enjoying, and look out the window once in a while. The Grand Canyon looks awesome from high in the air. The World is an amazing place to see!
When I talk to dealers about video marketing, one question I get asked a lot is “What about social?” In particular the marketing folks want to know what types of videos they should make to post on their social media platforms, which social media platforms drive the best results and how best to engage their social audiences.
These are all valid questions for advanced video marketers. But if you are just starting a video marketing strategy these are the wrong questions to be asking.
The primary goal of your video marketing strategy is to increase lead conversions on your website. For the first six months to a year, that is all you should be focusing on.
A secondary goal for your video marketing strategy may be to drive more customers to your website, or increase engagement with your social media followers. But you should not even attempt these goals until you have mastered the fundamentals of your primary goal.
After all, what is the point of driving traffic to your website if you are not converting visitors to leads once they get there?
Let’s say you post a funny video on your Facebook page and someone clicks through to your website. When they get to your website, all they see are static photos and Vehicle Details Pages (VDPs) with text only. That’s not what this person is expecting! You caught their attention with video, you got the click-through with a video, but when they get to your website there’s no videos!
When it comes to video marketing, I always recommend wading in slowly. Start with your inventory videos and master the fundamentals before you do anything else. That’s not to say the branding and fun stuff isn’t important. It is, but the goal of those videos is different than the goal of inventory videos.
With inventory videos, your goal is to present your inventory to a potential buyer just like the best salesperson in your store would. Your goal is to create emotional desire in a car shopper, so they take the next step and reach out to you.
How to Master Inventory Videos
Inventory videos are powerful because they have the potential to change a car shopper’s mindset. Most consumers visit your website hoping that your dealership has the vehicle they want. A dynamic inventory video can change that paradigm to make the consumer want and take mental ownership of a vehicle that you already have.
This paradigm shift is backed up by metrics. Overall engagement on a VDP featuring a live walkaround video jumps an average of 600 percent versus engagement on a static VDP. This translates into an approximate 30 to 35 percent increase in leads, according to feedback from our dealer customers.
The first step in mastering inventory videos is to come up with a process for creating them. You could assign someone internally, or use an outside lot services company or a video production company. Come up with a template for what should be included in each video, such as:
- Front, side and rear view shots of the vehicle
- Interior shots of the dashboard and infotainment systems
- Interior shots of the front and rear passenger seats
- Close ups of tires
- Shots of special features, e.g. roomy trunk, video screens in the back, back-up cameras
Additionally, try to add one or two “why buy here” value proposition statements, such as promoting your fast and easy financing options, or your no-hassle shopping experience.
Be sure to add in banners promoting special offers such as 0% down or cash back. Finally, don’t forget your phone number and a call to action! A car shopper should be able to click on the video and have the option to submit a lead, or if they are using a mobile device, click to call.
Once you have mastered the process of creating your inventory videos, the next step is to make sure these inventory videos get exposure.
In addition to posting inventory videos on your VDPs, distribute them on third-party sites such as Autotrader and Cars.com. Use them in your lead follow-up process and in email marketing campaigns. And yes, you can even post them on your Facebook page.
The next step in mastering inventory videos is to make sure you host your videos on a platform that can collect and use data. Technology exists right now that allows your dealership sales team to get real-time alerts every time someone watches one of your videos. Many times that ‘someone’ can be matched to a profile in your CRM.
Imagine getting an alert that a customer you haven’t spoken with in two years is on Autotrader watching one of your inventory videos. Imagine getting an alert that one of your regular service customers just watched an inventory video on Facebook. You have instant leads and you have their contact information!
There’s no more relevant time to call these prospects than right now, while they are engaged with your brand.
Once you have mastered the art of creating inventory videos, getting them seen and incorporating user data into your lead follow up and marketing processes, you will see an increase in your website and phone leads. Only then should you start thinking about additional types videos that you can create.
In addition to inventory videos, I typically recommend value proposition videos, customer testimonial videos and service department videos. These should all be displayed prominently on your website but they can also be posted on your social media platforms and used in email marketing and lead follow up campaigns.
But first, master the basics. Inventory videos are the best way to turn website visitors into leads, and these should be your primary focus.
By: Tim James
So you’ve decided it’s time to differentiate your dealership from the competition, and that video is the way to do it. Your next probable question is, do you produce, distribute and market the videos yourself, or outsource some, if not all of these functions?
The answer to this question is, it depends. We’ve got dealers who are successfully doing both. In my experience there are three factors to consider when making this decision.
If your decision to implement video marketing was arrived at rather reluctantly, then you should probably outsource. Motivation requires passion. It requires an understanding of the rewards that will be reaped from putting your time and effort towards this undertaking. It requires buy-in and excitement from your staff. It requires commitment.
I’ve talked to many dealers who spend time waffling over whether they should go the DIY video route. Here’s what I ask them: If not you, who? If not now, when?
Video is not a trend. Remember the music video, “Video Killed the Radio Star?” The actual song was released nearly two years before the music video debuted on MTV in 1981. Hardly anyone heard of the song, but once the video aired, the song became a huge hit. That was 35 years ago. Online marketing video is here to stay, and it’s just a matter of time before it kills the static Vehicle Details Page (VDP).
2) Internal Resources
The second factor to consider is what your internal resources are. Even if you’re highly motivated to launch a video marketing program, someone has to take responsibility. Someone has to take ownership to make sure it’s successful. Someone has to learn how to shoot videos, how to get the videos on the right touch-points and how to measure whether the program is successful or not.
The ‘pros’ of producing videos internally are that you already have staff at your disposal. With an established process, inventory videos should take less than 24 hours to upload.
In addition to inventory videos, it’s important to create value proposition videos, customer testimonial videos and service videos. Internal employees are in a better position to spontaneously capture a glowing customer testimonial video, and may have a better handle on how to sell your dealership’s unique value proposition than an outside entity.
However, when analyzing internal resources, be brutally honest. Are your current employees already struggling to keep up with what’s on their plate? If they are, adding new processes may be too much of a burden.
It’s possible to split the responsibilities between internal and external resources. If your in-house staff is currently tasked with taking inventory photos, it’s not much of a stretch to task them instead with shooting a walk around video. Photos can be easily extracted from video, so there is no need to do both. If you use a lot services company to take your photos, task them with shooting a video in addition to taking your photos.
If you decide to use internal resources, distribution and marketing are two important areas to be addressed. Who will be tasked with ensuring that your videos appear not just on your website, but distributed to as many touch points as possible; including third-party auto shopping sites and social media channels?
Who will be in charge of incorporating video into your digital ad and/or email marketing campaigns? Who will be in charge of collecting viewer data and using that data to increase the relevancy of your videos? Meaning, it’s important to ensure that the right video is shown to the right car shopper at the right time.
Another question to ask when evaluating internal resources is what the turnover rate is in your dealership. Are you confident that your Internet Manager or the staff in that department will be with your dealership for a long time? A potential pitfall of producing videos internally is that you’ll have to constantly train new staff.
3) Dealership Volume
Last but not least, volume is another factor to consider. How many units does your dealership move per month? The greater inventory turnover there is, the greater time investment involved and the greater commitment there must be to the video marketing process.
The good news is, a successful video marketing program will increase your overall sales volume, but for some dealers this can present its own challenges. Kia of Puyallup in Washington saw a nine percent uptick in sales after implementing a video marketing program. How many more units can you handle moving per month?
Now, is everything as clear as mud? Good! The fact is, only you can decide what’s best for your dealership. It’s easy to get excited about the idea of video marketing and want to do it yourself. But it’s important to be able to objectively analyze your motivation level, internal resources and overall volume.
I’ve seen too many instances where dealership salespeople will produce a few videos, upload them to YouTube and don’t see any increase in leads or sales. The dealer points to these paltry efforts and claims that videos don’t work.
Well, of course that level of effort doesn’t work! Producing a few videos is nowhere near the same thing as having a comprehensive video marketing program. It’s like deciding that you want to go into space so you build a shuttle in your backyard. Without an actual space program, with testing, logistics, a launch pad and experts to tell you when and where to go, you’re not likely to get very far.
Outsourcing some (or all) of your video process may involve investing a little more in your merchandising budget than you currently spend, but the end results will be well worth the investment.
No matter which direction you choose to go, the important thing is that you start now — Not next week or even tomorrow. You can start slowly if you need to, but you must start in order to find the process that works best for you and your dealership. The end will justify the means.
Social media is a great place for brands to get their message out to the masses using video. Not only are more people watching video on Facebook, but the platform itself is also giving it extended reach in order to entice marketers to publish more video on Facebook. Another really great (for marketers) feature of video on Facebook is that it autoplays in a user’s newsfeed. The problem is that it autoplays with no sound, so a user actually needs to engage with the video in order to hear it. If the user is scrolling through their newsfeed, you literally have seconds to capture their attention. So, how do you maximize the effectiveness of your Facebook videos knowing that users aren’t going to hear it, but only see it?
A recent article in Inc., shared that at the Salesforce Connections conference held in June, Facebook’s CMO Gary Briggs revealed a new trend that brands are beginning to use in their video marketing efforts on Facebook. Knowing that they’re pretty much at the mercy of a user when a video is presented in their newsfeed, marketers have started introducing text into the first 5-10 seconds of the video, so as to pique the interest of users and bypass the need for audio to capture attention. Similar to subtitles, this text is actually rendered into the actual video itself, allowing companies to use creative text in unison with their video to capture the user’s attention and get them to engage.
Facebook video marketing can be highly effective for dealerships, especially if it’s targeted properly. Video ads are one of the most effective means of advertising on the platform. The ability for dealerships to utilize various data sources and identify in-market car shoppers within their geographical area offers amazing opportunity. Consider incorporating video into your social media marketing on Facebook and, if it’s in the budget, utilize the precise targeting features that Facebook offers.
The most effective form of video marketing on Facebook for car dealerships would be more in the area of company branding, fun and random entertainment videos, customer testimonial videos, and occasional inventory walkaround videos. Of course, you should have an entire Inventory Videos page available from your Facebook Menu, making it easy for anyone visiting your Facebook Page to quickly see videos of your inventory (since you actually do sell cars).And, if you have a very rare or unique vehicle, and target it properly, a video ad for that vehicle on your wall could also help the vehicle sell faster as well. However, for the most part, the ability to expose your dealership to potential new customers through well thought out, creative and engaging video can keep you top of mind.
A successful video marketing strategy will ensure that your dealership is present at each and every touchpoint that a consumer could visit on their car-buying journey. It will also take advantage of any unique features of the platform to optimize the chances that consumers engage with the video. This super nifty trick will allow you to relay a quick message (a hook, if you will) to consumers without them having to engage with your video, and could make them stop and listen to what you have to say.
by Tim James
Ever since cellphones gained video recording capability, people have insisted on shooting video vertically. Despite all the harassment and corrections received from peers when sharing a vertical video – “Hold the phone sideways!” – Some things never change. Those black bars that bookend the video when taken vertically certainly aren’t the most attractive. They also limit the space in which the video can be viewed. Despite all this, a bunch of video platforms have finally given up encouraging people to abstain from taking videos vertically and have altered their platforms to accommodate them.
According to an article in Entrepreneur, Snapchat and YouTube have altered their platforms and have given their video players vertical video support. This means that those annoying black bars will no longer be visible when a vertically filmed video is uploaded. The newer live-streaming video services – Periscope and Meerkat – have always promoted a vertical video format. The thought process behind this is that most consumers peruse content holding their phone in a natural way (vertically) and horizontal video forces them to rotate the phone – an unnatural action with a smartphone.
In fact, Snapchat asks its marketers to reshoot their videos in a vertical manner. While this can be a costly suggestion, according to Snapchat, “vertical video ads are nine times more likely to be viewed to completion than their horizontal counterparts.”
It’s all about options, folks. Some consumers like watching videos horizontally. In fact, most video marketers up till now would cringe every time they saw a video with the black bars on the side, indicating that it was taken vertically. Now, however, these video hosting platforms and apps are optimizing their properties to emphasize vertical videos, so as to accommodate the way in which consumers actually use their devices. This is instead of forcing them to make (or watch) videos in an unnatural position. The fact that vertical videos have higher completion rates is certainly logical for these very reasons.
The most important things to consider when choosing platforms for your video marketing are: a) is the platform optimized for a mobile web experience, and b) is your video attractive and easy for a consumer to view. Forcing consumers to watch videos through an app could make them hesitate to watch – especially if they aren’t already a user of the app.
It’s also important to include distinct calls-to-action that consumers can take within the video player itself. It’s great if they watch your whole video. But, if they cannot be lead further down the buying funnel, what’s the point? You cannot expect a consumer to watch your video and then have to hunt you down because, well, they won’t.
It seems that we can lay to rest the taboo of vertical video now that these platforms embrace it. Does this mean horizontal video will all of a sudden be taboo? Who knows – and it really doesn’t matter anymore. Make compelling videos and host them in a way you can control where they go next, rather than risk the video player suggesting “relevant” videos which just so happen to be from your competition. In this way you’ll win in your video marketing — whether you take the video vertically or horizontally.
by Brian Cox
Last year, Facebook changed its algorithm to favor video content in an effort to gain market share in the very popular video content market. In fact, it’s done such a good job that daily video views increased by 400 percent – a huge rise over its September, 2014 numbers of 1 billion per day, to an incredible 4 billion per day. That’s a significant rise in less than a year.
Now, as a further enhancement, at the end of June, 2015, Facebook announced that it is again making tweaks to its algorithm so as to better identify the types of video content its users want. In the past, Facebook’s algorithm tracked the types of content that each individual user liked, and subsequently delivered more of that type of content. For example, users that interacted with photo content the most would be delivered more photo content. And the same for video. However, it always necessitated action on the part of the user. Whether that action materialized as a like, share or comment, Facebook’s algorithm noted that and factored that into the content type it delivered to that person.
In a recent blog article, Facebook shared, “There are many times people don’t want to like, comment on, or share a post, but this does not mean it wasn’t meaningful to them. In an effort to capture that meaningful content without actionable engagement, Facebook is now taking into account more interactions with videos that we have learned indicate whether someone found that video interesting, such as choosing to turn on sound, making the video full screen, and enabling high definition. So, if you turn the volume up, or make the video full screen, we have updated News Feed to infer you liked the video and will show you similar videos higher up in your News Feed. We have found that this helps us show people more videos that they are interested in.”
This comes on the heels of another significant algorithm change that was also made in June, 2015, whereby Facebook started to track how long a user lingered on a video in their Newsfeed. Facebook began using this as an indicator of relevance to that user and factored this in as an indication of interest.
From a video marketing perspective, this algorithm now enables auto dealers to see increased reach for their videos from consumers that watched them, but took no further action. Chances are, if a consumer is watching your video on Facebook – whether they are interacting with it or not – they are pretty low down the funnel. Facebook’s new algorithm will take note that they lingered on your video, interpret that as interest, and increase the priority as far as delivering similar content to that user.
Facebook knows that its popularity hinges on finding the right balance between satisfying its advertisers and delivering the types of content its users want to see. By continuing to tweak its algorithm, Facebook can more successfully deliver interesting and relevant content to individual users, providing a better overall customer experience and increased opportunities for video marketers to reach relevant consumers.