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Consumers would rather watch a video about a product than read about it

adminVideo Marketing26/07/2015

Did you know that there are more than 7 billion videos watched each and every day on Facebook and YouTube combined…?

Recently the earth’s population passed the 7 billion mark and over 2 billion of those are connected to the internet and more than 5 billion have a mobile phone.

video

  • 60 hours of video are uploaded every minute, or one hour of video is uploaded to YouTube every second
  • Over 4 billion videos are viewed a day
  • Over 800 million unique users visit YouTube each month
  • Over 3 billion hours of video are watched each month on YouTube
  • 70% of YouTube traffic comes from outside the US
  • YouTube is localised in 39 countries and across 54 languages

One thing is clear: customers are hungry for video. A recent survey confirms that businesses that are using video have seen an increase in sales in 2015.

  • 4 times as many consumers would rather watch a video about a product than read about it.
  • 1 in 4 consumers actually lost interest in a company that doesn’t have video.
  • Customers are nearly 50% more likely to read email newsletters that include links to video.
  • 4 in 5 consumers say a video showing how a product or service works is important.

 

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