from Wistia Blog http://ift.tt/1PCZ2QA via production studio
from Tumblr http://ift.tt/1SLZRNH
In 2014, 500 million Apple users received an unexpected gift on their iPhones: U2’s latest album. In a statement on their website, Apple called it the largest album release ever. “This is a big moment in music history. And you’re part of it,” Apple said. Music industry experts speculated that Apple paid U2 a pretty penny for it, too. Apple expected the free album to amp up its iPhone 6 announcement. U2 apparently assumed that everyone wanted to listen to their music. Both parties were caught off guard when the marketing maneuver was a total flop. Music lovers balked at having their storage space invaded by a band they didn’t like. Customers revolted to the point that Apple was forced to offer a removal option. At Wistia, we’ve found success in marketing partnerships when we flip the conventional notion of a business alliance on its head. Instead of asking what we can get out of a situation, we ask, “What can my potential partner and I accomplish together for our shared customers?”. Start with the goal of creating value for your customers, and build up from there. ### Collaborate on content people want to read A classic approach to internet marketing is the guest blog post exchange—I write on your blog if you’re allowed to write on mine. We each push our message to a new audience, and both companies win. It sounds great in theory, but in practice, you’ll find that companies typically save the best blog posts for themselves. The other company ends up sending you a hastily-written or regurgitated article. Naturally, you respond in kind. What you end up with is poorly crafted content on both companies’ blogs that no one wants to read. It’s the “you scratch my back, I’ll scratch yours” mentality, and it often accomplishes nothing for the end user. Instead, you should get together with your partners and ask, “What kind of content can we produce together that our customers will love?”.
In 2011, my co-founder Brendan and I thought of a killer idea for a company side project: a video production marketplace.
One of video marketing’s biggest challenges is working out what kind of content your audience will find valuable, and then creating compelling videos that will keep them engaged. At Wistia, we’ve been working to make it easier to determine whether you’re reaching the right people, keeping those viewers engaged, and turning those viewers into leads. We’re excited to introduce some major updates and new features to our Stats tools. We hope the new information these tools provide will help you understand how your videos are performing in a more meaningful way.
Before coming to Wistia, I had never dabbled in editing videos beyond your average 30-second clip of a cute puppy or cartwheel attempt. When I joined this community of video enthusiasts as the community manager, I wanted to become a part of the awesome video culture that feels so close to everyone at Wistia. ### Start shooting your own footage I knew I wanted to commit to learning as much as possible about video production and editing, so I skipped over my Apple iMovie basics and jumped straight into Adobe Premiere Pro. I started by editing my own short videos taken during local adventures, weekend trips, and vacations. As you can see, there was tons of panning, and not much audio outside of the background music. These videos were pretty low-risk to play around with—I didn’t have to deal with figuring out a storyline, writing a script, or directing actors (including myself). If you’re just starting with video, I recommend shooting a bit of your neighborhood or vacation, and starting to edit that footage. There was tons to learn, and with the help of our creative team, I tackled editing these beginner videos right away. After hours of practicing, watching Adobe videos, and learning from the video team at Wistia, I started editing videos I was proud of.
A1: Adobe workflow FTW. Prelude -> Premiere -> Audition -> AfterEffects -> Speedgrade -> Media Encoder Love it. #wistiachat
— IAN (@iservin) January 7, 2016
@wistia #WistiaChat A2: On the first pass, don’t fix every little thing. Add a marker and come back to color correct, fine tune, etc.
— Caleb Wojcik (@CalebWojcik) January 7, 2016
A2: Audio is always my biggest hurdle. It takes a lot of preparation and execution to get it just right. #WistiaChat https://t.co/E3aqlyu24j
— Todd Patton (@ToddPatton) January 7, 2016
@wistia #WistiaChat A3: 1. I give audio notes to the future editor by saying things like, “this is video XYZ” or “use the third take”.
— Caleb Wojcik (@CalebWojcik) January 7, 2016
A3: Spend face-time with the client, know their objectives so you can find the right story, then spend time with the subjects #wistiachat
— IAN (@iservin) January 7, 2016
A3: Prepare a detailed shot list and make sure you get multiple shots to give your editor choices to help tell the story. #WistiaChat
— Stanley Meytin (@StanleyMeytin) January 7, 2016
A4 I totally stole @crlvideo’s hand trick a long time ago. One of my all-time favorite production tricks! #WistiaChat
— Allison Book (@allisonbook) January 7, 2016
@KevinKnechtion Like this? #WistiaChat http://pic.twitter.com/uXKx0wOA0I
— Caleb Wojcik (@CalebWojcik) January 7, 2016
#wistiachat A6: I love sharing to the community. Definitely some good technical advice there when you’re looking for it
— Phil Wesson (@Philwesson) January 7, 2016
Webinars represent prime opportunities to generate more leads, nurture audience members, and deliver useful content, but they rarely reach their full potential. Unlike other traditional video marketing content, like product videos or testimonials, webinars are often treated as opportunistic, isolated events, separate from larger strategies. Until recently, this was our approach to webinars at Wistia. A few months back, we began experimenting with our webinar strategy and applying some of the tactics we use for other video marketing content to webinars. It didn’t take long to recognize exciting opportunities for improvement. ### The webinar challenge This past spring, I ran a skunkworks project at Wistia. I wanted to jumpstart our webinar strategy and do at least one webinar per month with partner companies. Aside from the basic goal of teaching people about video marketing, I also set a goal of generating at least 1,000 leads from each webinar. ### The results In 3 months, I did 5 webinars, each with a different strategic partner: Sprout Social, LeadPages, Uberflip, Telestream (the makers of ScreenFlow), and Celtx. These are the leads that resulted from each respective webinar: These webinars collectively yielded about 8,000 leads—not bad in terms of ROI, considering the time I put into these wasn’t that significant. I know what you’re thinking. How many of those leads actually converted? The following chart displays conversions to trial accounts as well as conversions to paying customers: If you do the math on the conversion rates, you’ll notice that they’re not so hot. Since this was a skunkworks project, and I’m not a lead nurturing expert, these results were not all that surprising. Still, the customers and long-term value that these webinars generated made this project worthwhile. Not to mention all of the new things I learned along the way! ### Where to Optimize Aside from creating a strong nurturing campaign, there are a number of other ways to optimize a webinar program. #### Partner selection Choosing the right webinar partners impacts the number and quality of the leads you’ll get. It also impacts your brand identity and image, so choose wisely. #### Topics and slides Ideally, you want to choose a topic that’s appealing to the audience you want to reach and aligned with your strategic goals. One of the webinars that didn’t perform as well for us was about “Scripting a Video.” We found that the webinars that were more targeted towards video marketing performed better for our business. Optimize your slides by making them as engaging and clear as possible. I love this blog post on how to build a great deck from Erica McGillivray at Moz. #### Landing page We didn’t “own” the landing pages for any of these webinars. In the short term, this made our project easier, since there was one less piece for us to deal with. Unfortunately, it also meant that some of the landing pages weren’t up to Wistia’s standards, and we couldn’t keep a close eye on lead collection. #### Video on registration page We used video on almost all of the webinar registration pages, and received great qualitative feedback from attendees. Adding these videos gave life to our webinars by making them feel more human and personable. We tied it all together by using the video thumbnail image as the CTA within most of the email invites. For the sake of experimentation, we tried sending some invite emails with regular buttons instead of the thumbnail images, and we saw that on average, emails with video thumbnail images had higher click-through rates. There’s a certain je ne sais quoi about that tempting play button over a friendly face. We’re excited to properly A/B test these CTA options and report back! #### Webinar recordings Because we were merely co-hosts and guests on other companies’ webinars, we didn’t “own” the webinar recordings. Had we run and hosted the webinars ourselves, we could have leveraged the recordings as evergreen assets and used them to drive new leads. In fact, while conducting this project, I learned that webinar recordings—not the live events—tend to capture more leads. ### Getting extra mileage out of webinars Webinars should be a key part of our lead generation strategy. We’re making strides in this direction and building it out as a core competency. Heck, we’re a video marketing company, and webinars are videos! I also learned that many companies think of webinars in the same way that we once did: you do it when the right opportunity presents itself. They’re opportunistic, rather than a regular facet of your marketing strategy. At Wistia, we try to work against a “one and done” approach to video. We argue that videos are like blog posts or other content. You don’t write one and consider yourself finished. You point back to them, reference them in other content, and ensure they get the mileage they deserve. Like other video content in your funnel, webinars should be part of your larger marketing strategy and integrated into marketing automation. ### An expert’s opinion Mathew Sweezey, Principal of Marketing Insights at Salesforce, visited Wistia recently, and we talked all about optimizing webinars for lead generation. He also agreed to jump into the studio for a few minutes, so we could share his thoughts with a wider audience! What a champ.
Back in October, we hosted an in-office hackathon, working on internal projects based on our company values. We spent two days running around, collaborating, and learning from each other. It was amazing. And we only set off the fire alarm once. This was the video pep talk that we played at an all-hands meeting to introduce the idea to our team: