The role of video marketing in sales is growing
We also witnessed the overwhelming explosion of online commerce in Hungary: in 2020, the e-commerce sector in Hungary expanded by 45%, and then by another 30% last year, and soon 14-15 percent of the total retail cake could belong to the online channel.
However, it also means that there has never been such a battle for the attention of consumers, and a good web store and some ads are far from enough to attract returning customers. Creativity, an experience-based shopping journey and interactivity are paramount – and audiovisual content now plays a key role in this. How can we conquer the youngest consumers, what are the latest trends in the video marketing market and how can we become content producers ourselves? Hungarian RECnGO, which develops innovative video streaming solutions, has compiled a recipe for success.
On average, people spend 100 minutes a day watching videos online, and more than half of consumers, even in stores, do so to find out about selected products before making a purchase. Merchants who also use audiovisual content in their marketing activities report a significant increase in their website traffic (86%) and a direct correlation between sales figures and regular video sharing (78%).
Related news
Mondelēz uses AI to personalise marketing
Mondelēz is launching a new platform to improve its global…
Read more >Real-time Marketing in Focus at Mastercard’s Space4Commerce Conference
The Mastercard Space4Commerce conference will showcase how instant data, IoT,…
Read more >Groupe SEB has appointed a Hungarian marketing director in Central Europe
The Central European headquarters of Groupe SEB has appointed its…
Read more >Related news
NGM: the government fulfilled its commitment, inflation decreased to 3.7 percent in 2024, which will decrease even further in 2025, to 3.2 percent
The government fulfilled its commitment, bringing down inflation, which had…
Read more >KSH: prices exceeded the values of the same period of the previous year by 4.6 percent in December and by an average of 3.7 percent in 2024
In December 2024, consumer prices exceeded those a year earlier…
Read more >Shell Hungary survey reveals new trends in digital shopping
Smartphones have become an integral part of our daily lives,…
Read more >