What Is a Video Marketing Platform and Why Does Your Business Need One?
Some businesses post dozens of videos on their website every week. Others just have an explainer video embedded on their landing page.
But even if you just have a few videos on your website or blog, you still might want to keep a few things in mind, especially if you are going to track your videos’ performance. In particular, what video marketing platform should you choose?
What is a Video Marketing Platform?
A video marketing platform is a solution designed to act as something of a “one-stop shop” for all of your content creation, publication and tracking efforts. It’s important to understand that this is different from a standard hosting platform, which at the end of the day can really be something as simple as YouTube. A video host is exactly that – a site or service that lets you upload videos to the Internet that you can then share, either directly with your users by way of your website or on social media channels like Facebook and Twitter.
A video marketing platform, on the other hand, is something much more powerful.
If you had to sum up the major benefit that using a video marketing platform brings to the table, you would be undoubtedly talking about one word: visibility. Most commercially available video marketing platforms have extensive business analytics built right in, allowing you to track and collect data about how your videos are performing in real-time to make your efforts even stronger and more accurate in the future.
When you just upload a video to a site like YouTube, for example, you’re fairly limited in the information that you can glean from it regarding performance. You can see how many people are viewing it, liking it or disliking it, for example, but it really doesn’t go much deeper than that.
With the right video marketing platform, on the other hand, there’s practically no limit to what you can learn depending on what you’re trying to accomplish in the moment. You can see who is watching a particular piece of content and what type of device they’re watching it on. You can see exactly how they found your video and how long they watched. Oftentimes you can even figure out why they didn’t watch the completed video in the first place – all of which provides actionable insight that you’re not going to find anywhere else.
If you can instantly see which locations are the most popular for your videos, you know to double down your efforts on those channels. If you can see why people stop watching your videos, you can identify trends and patterns that may reveal adjustments in your content creation process that you need to make. The important thing to understand is that these are quantifiable metrics that show you how you’re doing and why, allowing you to track success more effectively than ever and adjust your video strategy in an organic way moving forward.
CREATE ENGAGING MARKETING VIDEOS WITH WAVE.VIDEOGet your free account today
Even going beyond this, however, video marketing platforms still bring with them a host of different benefits you can’t afford to ignore. Many platforms natively integrate with the sales and marketing solutions that you’re already using, for example, allowing you to consolidate visibility into your entire campaign even further. This also brings with it the added benefit of being able to insert lead capture forms directly into the video, which will then funnel that information back into your CRM or other solutions immediately.
New Feature In Wave: Powerful Integrations with Your Favourite Marketing Software
Videos that are published via a marketing platform are also easy to embed on a website or blog – meaning that you don’t need comprehensive developer skills in order to broadcast your message far and wide.
Video marketing platforms also often allow for incredibly easy customization, which is key in terms of making sure that every video is optimized for the channel that it will appear on. A video that performs incredibly well on Facebook might not do so well on Twitter, for example, as these are two completely different sites with two very different audiences. With the right video marketing platform at your side, you can easily make these changes and more importantly track their progress in real-time.
But another one of the most important things for you to understand is that no two video marketing platforms are created equally. There is no “one size fits all” approach to choosing the right solution – there is only the “one right choice” for your needs and your needs alone. Making sure that you’ve got the right software at your side will also require you to carefully consider what you’re trying to do and, more importantly, why you’re trying to do it.
Video Marketing Platforms in Action
As stated, when it comes to picking out the right video marketing platform to meet your needs, you certainly aren’t without your options. Some of the most popular platforms of the modern era include Wistia, Vidyard and Brightcove – all of which have their own unique advantages and disadvantages over the rest. Let’s take a closer look at each one of them.
Choosing a video marketing platform: Wistia
Wistia provides comprehensive video analytics and guarantees exceptionally smooth playback on ANY device that your audience happens to be using. Not only do you get fully responsive, fast adaptive streaming, but Wistia also offers support for 4K resolution, 360 video and other emerging trends.
As the guys at Wistia state themselves, Wistia is much more than just a video hosting platform. It enables you to power your product, control your content, and boost your video marketing. They aso have a fantastic support team. I even received a personalized “Welcome” video after I signed up!
Perhaps the only real downside of Wistia has to do with the limitations of its “Free” tier. Yes, you’ll pay $0 per month – but you’ll have to contend with Wistia branding on all content and a three video per month limit. If you need more videos than that (and you probably will), the price shoots up to at least $99 per month. This may be the type of cost that small businesses in particular can’t afford to deal with, particularly if it takes awhile for their video marketing efforts to really show the results that they’re after.
5 Best Video Marketing Blogs to Follow Today
Analyze videos better with Vidyard
Another popular video marketing platform is Vidyard. In addition to native integration with marketing automation platforms and CRM systems, one of the most unique features this solution provides comes by way of Vidyard Live. Vidyard Live gives you the ability to live stream ANYWHERE – including to your website or your social channels – with just a few quick clicks of your button. Even though you might not be using live video today, you still want to leave the option available should you choose to do so in the future (spoiler alert: you absolutely will). Vidyard also offers advanced features like A/B split testing, transcription and caption features and more.
The only real downside of this platform is that it may be a little too “advanced” for novice users. Small business users may initially be a bit overwhelmed by the sheer breath of what they can do with Vidyard. Once you get over the learning curve it will be smooth sailing, but you still may run into issues that you wouldn’t with other less sophisticated platforms. This may sound like something of a backhanded compliment – and it is – but depending on where your video marketing efforts currently are this is still something that you need to think about very carefully.
Finally, there is Brightcove – the platform that promises that you can become a master video marketer with no technical expertise required. Brightcove also offers the powerful analytics you need to track performance and make smarter video marketing decisions, along with support for all of your existing marketing software and CRM solutions.
Brightcove certainly lives up to its name as a “simple” and “straightforward” video marketing platform, which may actually be to its detriment depending on your perspective. It lacks some of the more advanced features that its competitors offer, which may make it difficult for you to take full advantage of emerging trends. Still, it’s a great way for beginners, in particular, to take their video marketing efforts to the next level in the easiest way possible.
Is there a perfect video marketing platform?
It is important that you try as many video marketing platforms as you can until you find the one that works best for you and NOT for anybody else. Some organizations may be at the stage where Vidyard is perfect, where others may feel like this is way overdoing it compared to what their actual goals are. Only by considering this important choice within the context of your own long-term goals will you be able to make the choice that is best for you.