Move over, text reviews. Video testimonials are taking center stage, offering a more authentic and compelling way to showcase your brand’s real-world impact.
Discover the eye-opening video testimonials statistics that reveal how video testimonials can skyrocket engagement, supercharge your marketing efforts, and make your brand unforgettable.
Key Video Testimonial Statistics
Testimonial videos on sales pages increase conversions by 80%.
Around 72% of customers trust a brand more with positive video testimonials and reviews.
Research shows that company websites with video content are 53 times more likely to appear on Google’s first page.
Customers retain 95% of a video review rather than just 10% of a written one.
72% of customers prefer a video to learn about products or services.
Video marketing professionals get 66% more qualified leads per year.
88% of customers trust video content as much as peer recommendations
Video Testimonial Statistics
Video testimonials convey real customer experiences, enhancing the brand’s credibility and developing deeper bonds with its target market.
The following video testimonial statistics are a testament to the same.
Video Testimonials Statistics for Sales, Leads, and Conversions
The given statistics will stress how testimonial videos are a valuable addition to better marketing strategies with better conversion rates of leads and sales.
1. Video testimonials can increase conversion rates by 80%.
After brands started using video testimonials, it made a significant difference in conversion rates.
2. 64% of consumers are more likely to buy a product or service online after they watch a video testimonial showcasing it.
3. Businesses using video testimonials have 49% more sales than those without
4. Including video testimonials in emails to customers can increase click-through rates by 300%
5. Video marketing professionals get 66% more qualified leads per year.
Testimonial videos convince and attract more potential buyers, which leads to an annual increase in customers.
Build trust & FOMO
Highlight real-time activities like reviews, sales & sign-ups.
Video Testimonial Statistics to Build Brand Trust & Credibility
Customer testimonials are essential in building trust and increasing the credibility of brands. This testimonial data will underscore their significance.
6. Around 72% of customers trust a brand more with positive video testimonials and reviews.
People tend to trust a brand with more satisfied customer testimonials than other brands with written reviews, which can easily be fabricated.
7. 76% of customers feel that video content shared by an actual person is more credible than the content shared by the brand itself.
8. Video testimonial statistics suggest that 74% of people who viewed video content about a product consecutively bought it as well.
9. Visual content, along with testimonials, have a 40 times higher chance of being shared on social media than links and texts combined.
10. 88% of customers trust video testimonials as much as personal recommendations.
Customer testimonial videos provide social proof of a brand’s credibility, which gives potential customers a reason to trust that brand.
Stats on The Impact of Customer Stories on Brand Perception
Customer testimonial videos and stories can influence other customers to trust and engage with your brand more. Let’s see how.
11. 57% of customers say that their likelihood of engaging with a brand increases when they hear testimonials from current customers.
12. 64% of customers have a deeper relationship with a business because of shared reviews and values.
Build trust & FOMO
Highlight real-time activities like reviews, sales & sign-ups.
13. There’s a 37% higher retention rate of customers who first chose the brand because of a referral.
14. Around 92% of customers trust a personal recommendation from friends or family. Therefore, they tend to trust video testimonials just as much.
15. Almost 74% of customers let social networks guide their purchasing choices. Hence, video testimonials are helpful in directing them to your brand.
Check Out: Testimonials 101: Everything You Need to Know
Case Study: Dropbox Saw 10% Conversion Boost with Video Testimonials
Background
Dropbox is a file storage brand based on cloud technology. Its aim is to register more members and increase the percentage of users who use its paid services.
They used Google AdWords to reach customers earlier, but soon realized they were losing money. What did they do then?
One way they employed this was to make a 120-second video explaining how their services worked, along with creating video testimonials from other customers expressing their satisfaction.
Implementation
Earlier, on their website, there was nothing but an explainer video and a download button. Once users understood how it worked, more users registered for their services.
Following this, Dropbox initiated a viral referral campaign. They surveyed marketers, sought out their customers, and made small testimonial videos.
In these videos, they talked about how the system had facilitated their operations, enhanced cooperation, and given them peace of mind by preserving their files safely.
Result
After adding customer video testimonials about their experiences to the website and email marketing campaigns, Dropbox saw a 10% increase in conversions for its premium plans.
Watching real users share their success stories and consumer feedback, potential users became more convinced of the value proposition.
The concerns about data security and the reliability of their services were dealt with using these testimonial videos.
As a result, Dropbox increased its conversion rates and built trust and credibility amongst customers.
Such real-life stories shared by customers invoked deep feelings within people, eliciting more registrations and paid subscriptions.
Build trust & FOMO
Highlight real-time activities like reviews, sales & sign-ups.
Key Takeaways from the Case Study
Video testimonials resulted in a considerable 10% increase in conversion rates for Dropbox.
How was Dropbox able to get a 10% conversion rate in just 5 years using video testimonials?
They used customer testimonials and an explainer video to provide authentic insights into how their service worked and benefited real users.
This underscores the efficiency of user-generated content in attracting potential customers.
Customers retain 95% of a video review rather than just 10% of a written one.
Video content is more memorable and engaging than text-based reviews and explanations. Users retain a lot more from video testimonials and are more likely to register for their service.
The testimonials were also helpful in resolving users’ concerns regarding data security, and they assured them that their data was safe with their cloud storage services.
Video Testimonials: What, Why, and How
It’s essential to know about video testimonials in detail to understand how they help a brand gain a strong foothold in its respective industry.
What are Video Testimonials?
Video testimonials refer to recordings of customers giving their views and experiences about a product, service, or company.
They are primarily used in marketing and promotional activities to enhance credibility and trust and establish social proof for customers.
In many cases, video testimonials involve real people speaking to a camera directly or being interviewed about their positive experiences with a specific brand.
They are effective since they invoke genuine emotions and establish authenticity, making them more effective than written ones.
Why Video Testimonials Matter
Marketing organisations produce testimonial videos because they communicate the truth and give an impression of trust based on real experience.
Contrary to written testimonials, these resonate by demonstrating how products can solve their problems and improve people’s lives.
Thus, they create emotional connections that enhance credibility.
Websites with video testimonials are 53 times more likely to be on the first page of Google.
They highlight the product’s advantages, handle objections, and increase user involvement, which contributes to better Search Engine Optimization (SEO).
Video testimonials can reach across platforms like websites and social media, enforcing brand trust.
This helps potential customers make purchase decisions regarding your brand, thus increasing sales and customer loyalty.
How to Collect Video Testimonials from Customers
Collecting video testimonials can considerably enhance your marketing strategies by demonstrating their authentic experiences and developing trust with other customers.
You can do it by various methods.
You can directly request the creation of testimonial videos from satisfied customers or use video testimonial software. Personalise your request and tell them how their testimonial can help others.
Incentives are another way to collect testimonials. You can offer customers added benefits to their services, such as discounts, extended trials, or exclusive access to new features.
When customers give positive reviews through support calls or emails, you can grasp that moment to ask them if they are willing to create testimonial videos to show their appreciation.
It may come off as a challenge to gather persuasive testimonial videos. Here are some tips to accomplish the same:
To highlight the key points that should reach other customers, encourage customers to emphasize the outcomes or benefits of their products.
Ask them to make short, engaging videos with solid examples of how your product helped them.
Ask your customers to share snippets of physical events and how your product played a crucial role. That can help touch the audience and invoke emotions and trust in your brand.
The video testimonials can include ‘before and after’ shots of the customer’s journey, highlighting its efficiency and importance in their lives. This can influence potential customers to use your services.
To help potential buyers understand how your service works, ask your customers to make video testimonials demonstrating it in action.
That can also help hesitant customers to try out your products.
The persuasive power of a testimonial is effective only if the emotion conveyed is genuine. So, avoid scripting or over-editing them to reach the target audience more effectively.
Build trust & FOMO
Highlight real-time activities like reviews, sales & sign-ups.
Strategic Video Testimonial Deployment
Maximising the impact of video testimonials depends on the strategic deployment. Here’s how it’s done:
Step 1: Choose the testimonials
Select genuine testimonials that look authentic and can capture the customer’s attention.
Nearly half of testimonial videos are ineffective if their purpose is not conveyed properly.
Hence, the persuasive power of your testimonial video should be enough to grab the buyer’s attention.
Step 2: Optimize Video Quality
Customers prefer well-recorded videos without any glitches. You should decide how long a video testimonial should be and stick to it.
If the quality of your video content is too low, they’ll prefer to skip it rather than watch it.
Step 3: Deploy across various channels
If the testimonial videos are distributed across various platforms, such as social media and websites, your brand will attract other customers.
You should consult a marketing professional to help with the distribution for better results.
Read more: The Right Way to Add Testimonials to Your Website
Beyond the Homepage: High-Impact Placement Strategies
Besides your company website’s homepage, various places can be highly impactful.
Here are some of the high-impact placement strategies other than the homepage:
Product Pages
Positive testimonials are most effective when placed directly on product pages to reach new customers looking to buy that product.
Data reveals that most customers read online reviews and see the testimonial videos on your website before buying your services.
Email Campaigns
Incorporating testimonial videos in emails is an effective marketing strategy. It also proves to be an effective form of video marketing for websites, as customers are more likely to click on an email if it has a video.
Social Media Campaigns
Social media advertising can reach a greater audience; hence, utilising these platforms for video testimonials brings in more customers and helps build trust and credibility.
Creating short and compelling testimonial videos is a quick way to grab the attention of other consumers and encourage them to know more about your product.
Wrap Up
Modern marketing organisations use testimonial videos, which are powerful tools for establishing authenticity and creating impact with happy customers.
By deploying the latest strategies, businesses may boost their brand image, increase conversion rates, and establish customer loyalty in the long run.
So, make video testimonials a crucial part of your marketing strategies and uplift your brand image.
Sources
Hubspot | Brightlocal | Tubular Labs | Vidyard | Edelman | Wyzowl | Podium | Harvard Business Review | Deloitte | Nielsen | GWI
Also, read these stats if interested