We look at the Return On Investment (ROI) for videos. If putting a professional video or series of videos on your website, Instagram, Facebook page and YouTube channel increases your sales by $5,000, would you spend $2,500 to make the video? All day long.
SEO
ROI is often difficult to calculate. For example, Search Engine Optimization (SEO) is just one factor that increases ROI but is hard to calculate. What is it worth in sales to be on the first page of Google as compared to the second page? Statistics show that websites on the fist page of Google get 92 percent of the clicks. Websites on the second page of Google get six percent of the traffic. That created the saying, 'The best place to hide a dead body is on the second page of Google because no one looks there.'
Backlinks
One of the biggest factors in page rank is the number of sites linking to your site and the authority of those sites. Videos posted on YouTube, Facebook, Instagram, Pinterest, LinkedIn, etc. can link back to your website. If the video goes viral, there can be tens of thousand of people commenting on it and propogating backlinks.
Stickyness
If you are trying to get your website to rank well in Google organic search, one of the factors Google tracks is how long a visitor stays on your site. Let's imagine Google gives 10,000 results for "dentist in Phoenix." Let's imagine a Google searcher clicks a link, sees that the site is not what they want and clicks back to the results in three seconds. Now imagine the Google searchers stays on the site 30 seconds. Google believes the longer a person stays on a site, the more relevant the results. Google rewards sites that keep visitors longer by ranking them hiring. Videos on a site keep visitors engaged longer. Therefore, a good video increases page rank. What is that worth?
Conversion Rates
Videos are multidimensional. Videos combine music, text, people, images, motion graphics, and more. These elements are much more effective at moving people emotionally than text or printed ads. Moving people emotionally increases the conversion rate which means your website gets better at generating buy decisions from visitors. If your site converts 0.1 percent of the visitors and adding a video doubles that number, you can calculate an ROI for the video.
We could list an addition 20 ways video increases your marketing success. To answer the main question above, yes, video is very, very worth it for so many different reasons.
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