
Editor’s note: Rico Andrade a former executive producer at Transvideo Studios and Picturelab. Follow him on Twitter @andrade_rico.
Two years ago, Jason Kincaid wrote a short but influential post titled “The Underutilized Power Of The Video Demo To Explain What The Hell You Actually Do.” He said:
During my time at TechCrunch I’ve seen thousands of startups and written about hundreds of them. I sure as hell don’t know all the secrets to building a successful company, but there are a few things I’ve seen that seem like surefire ways to ever-so-slightly grease the road to success. Here’s an easy one: make a video demo and prominently promote it somewhere where new visitors can find it. One that shows off the core function of your product without making people think they’re watching an ad or a pitch. And answer, as thoroughly as possible in 2-3 minutes, what it is that you’re bringing to the table.
Jason was spot-on with his assessment. Today, a significant number of startup companies rely on a prominent overview video on their home page (you can browse through this compilation to get a sense of how many), and there is an overabundance of companies dedicated to serving the video needs of the tech community. Just look at how companies like Google and Facebook use overview videos as an integral part of their overall marketing strategy.
Many individual companies do A/B testing of these specific types of videos on their own home pages, but these numbers are not usually disclosed, and I have yet to see industry-wide studies looking at the effects of these specific videos. However, the effectiveness of product videos in the ecommerce and retail space is well-documented, and the same factors that help these videos sell products seem to apply to promoting websites and apps as well. That was typically our experience at my former employer Transvideo Studios: of the companies that kept track and disclosed the data to us, videos usually improved conversion rates by 15%-75%.
Why Video?
Conversion rates don’t tell the whole story about overview videos. Other reasons to include video are:
- Increase press coverage. In Jason’s own words:
Here’s a sad truth: a lot of reporters really are quite lazy. Not in the sense that they don’t want to find and cover a cool new company (in which case they should consider a new career path), but in that they don’t like to spend time wading through marketing material trying to figure out what your company actually does. After all, we’ve got inboxes stuffed with pitches from companies vying for coverage. If it takes more than a minute or two to figure out what problem you’re trying to solve, we’re probably more likely to simply skip to the next message than to try to make sense of your feature set.
Not only does it make it more likely you’ll get covered, but also that the coverage won’t simply be the author’s interpretation of your site, but will actually include your video – your own words – to supplement the story.
- Help your fans evangelize your product. Video is an extra standalone tool that can be easily shared on Facebook or Twitter. My favorite example of this is Visual.ly – Visual.ly had over 80,000 signups from a video on its LaunchRock page… months before the company actually went live.
- Improve the SEO of your site.
- Repurpose elsewhere. Videos can be included in email signatures, start off VC pitches, shared by sales team, etc… well beyond your home page.
- Buy you time. While “nothing kills a bad product better than good marketing”, a video can give users an insight to your product that allows them to both use it more effectively, and understand your larger vision, so that if the product isn’t there yet, they know where it is going and don’t immediately turn you off. I’m a firm believer that if Color had originally launched with a video that explained its vision a bit better, instead of the employee–made demo they launched with, users might have given them a bit of a chance to improve.
Tips on making videos.
If you are going to make a video, here a few basic rules to keep in mind:
The illusion of a professional looking site is easily burst by an amateur how-to video card.io—
Philip Kaplan (@pud) June 23, 2011
Remember – the goal is for the user to understand what it is your product does. If you can show your video to a person in your target audience and they can tell you what your product is after watching your video, you’re probably in good shape.
The harder question to answer is, “How much should we spend on video?”, and that’s for another time.
Rico Andrade is the Narrative Guardian at Micro-Documentaries. He is the former Executive Producer at Transvideo Studios and one of the founders of the company’s creative and design division, Picturelab, which specializes in providing high-quality video and animation for tech companies in Silicon Valley. He will also be sailing with 10 startups on the first Unreasonable at Sea voyage around the world in January. Rico is a Computer Science and Communication major from Stanford, and a former member of...
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