Why the Future of Video Marketing is Artificial Intelligence?
by Jyoti Kumari technologyThrough the years, artificial intelligence has played a crucial role in transforming how effectively brands can target their users online. It has proposed an abundance of actionable user insights, robust data, and tangible campaign results.
Hence, AI has successfully made
advertising more user-friendly and proficient for marketers. For instance, with
AI, marketing teams are now able to target the right customer at the right time
to boost customer engagement.
Today, publishers, broadcasters, and
marketers have access to a huge amount of data. However, gathering this data is
just the first step. Here artificial intelligence comes derives insights and helps to make
informed decisions based on those insights.
Also, Statista says that video marketing will grow with the industry reaching $47.89
billion in revenue by the year 2022. This makes video advertising even more.
In video advertising personalization, AI
can help marketers make more personalized and targeted ads that are easy to
deliver to viewers in real-time. AI is a simple advantage to video
marketing.
So, let
first, understand a little about AI-driven video marketing campaigns.
In the marketing space, understanding your
audience and delivering as per their interest has become as critical as the
quality of content produced. AI algorithms and tools can provide marketers with
a day-to-day habit of their target audience’s access to data and browsing
habits. With AI, marketers can magnify the impact of their knowledge on
audience and content behavior.
But, why
is this Crucial to your Video Marketing Strategy?
You can leverage the information of
customers with AI tools and analytics that can, in turn, help you create a video
marketing strategy is driven by consumer insights.
Your video marketing campaigns can be more
relevant with a broader perspective of your target audiences. They can also be
geared to meet specific consumer interests that they are more likely to click
on.
Let’s have
a look at a few of the benefits AI provides for advertisers:
·
Hyper personalization
·
Speed up production of specific formats
·
AI-powered decision making
·
Process massive data and make precise predictions
·
Predicting customer behavior and identity to nurture valuable
leads
In nutshell, there is limitless potential
for AI in video advertising. Also, video marketing is at its dominant stage, as
in the next decade, 86% of marketers will be using content to advertise
and entertain.
So, in this blog post, we will have a look
at how artificial intelligence will change the future of video marketing.
Hyper-Personalization
Today, for my brands, personalization has
become a key to success. This is especially true for video marketing as
customers are spoilt for choices and brands need personalization to stand
out.
Marketers are in need to tailor messages
that might appeal more to their audience in the digital space. Many studies
have proven users are more likely to respond to video ads based on their past
online behavior, search history, and social interests.
AI allows marketers to utilize customer
insights to build ads that are targeted to their audiences. In the future
years, AI can offer hyper-personalization in video marketing to customers, and
with that personalized video marketing will continue to gain popularity. This
will be a result of more and more brands recognizing that tailored video
content results in improved engagement.
Increases
Conversions
Unlike other platforms, AI is easily
available and accessible to all. In the future, small and medium businesses
that are hesitant to invest huge budgets will be investing more in AI. This is
because most of them invest only in channels that are entirely confident about
their returns.
Artificial intelligence will make it
possible for businesses to test their video content and get a better idea of
results. More businesses will be investing AI in their marketing budgets by
first having a fair understanding of what their video content can deliver to
marketing initiatives.
Besides, studies have shown that videos encourage 70% of audiences to decide to buy something or not.
This is mainly because videos can bring products to life in a way that words
cannot. Therefore, AI will transform the future of video marketing by increase
conversions for all sizes of brands.
Customer
Data and Insights
Marketers cannot devise targeted ads and
marketing strategies without adequate knowledge of the market and customers.
Marketers need to know the interests and preferences of audiences to create
tailored content. But for that brands will need to gather customer data even
before they think about producing video content.
AI gives them the ability to gather
customer data and insights seamlessly. AI in the future of video marketing
allows brands to tailor their content and shape their video marketing strategy.
Eventually, it helps both brands continue to be an essential tool in the future
by advancing brands to develop relevant video content for the audience.
Enhances
Customer Trust
Social media is used to showcase a brand
by watching and sharing images and videos. This makes the chances of video
content going viral high. Thus, marketers need to learn and use AI tools to
enhance video content. AI has enhanced the efforts of a marketer and they
firmly believe that AI is the next big thing in the future of video
marketing.
AI has shown improvements in bringing
higher engagement for a brand in video marketing. It helps them utilize video
to share personalized messages to customers and provide them with attractive
discounts.
Bottom
line:
In the past five years, AI has
revolutionized marketing and is opening up new possibilities for future
transformation. Video content has become essential for customer engagement in
the digital era.
Almost all the beading brands today have
already incorporated AI in their marketing strategies to enhance customer
loyalty, personalize messages, improve conversion, and more.
With the rising applications of AI in
marketing, marketers need to learn to implement the correct AI tool and
algorithms for efficiency. Ignoring these applications will lead to substantial
financial losses.
Businesses need to immediately start to
utilize its benefits to improve conversions and returns on investments.
I hope this blog has helped you understand
the uses of AI in video marketing. My final advice is to “Keep pace with the
changes in marketing trends and new technologies to always have a strategic
advantage”.
Author Bio:
Shreeya Chourasia is an
experienced B2B marketing/tech content writer, who is diligently committed for
growing your online presence. Her writing doesn’t merely direct the audience to
take action, rather it explains how to take action for promising outcomes.
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Created on Feb 17th 2021 03:39. Viewed 494 times.