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
What would happen if TikTok was banned in Hungary?
The TikTok ban in the United States is a warning…
Read more >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 >Related news
Online price monitoring may expand
In order to protect families, keep inflation low and strengthen…
Read more >Interest discount on green loans
The popular green home loan will be even more favorable…
Read more >Recent survey: Fear of rejection is crippling businesses
A recent survey found that 33 percent of businesses cite…
Read more >