Creator-Produced Video Content: A 'Must-Have' for Brands, Reveals IAB Study
Krister ?? Karjalainen
CMO | E-commerce | Digital | Senior Advisor | Managing Director | Ai | Live Shopping | SaaS | Ai Avatar | Ex-P&G, Samsung, IKEA, Gucci, Nokia, Arla Foods |
In the dynamic world of digital content consumption, creator-driven content has evolved from a supplementary option to an essential component. The Interactive Advertising Bureau (IAB)'s recent study illuminates this pivotal shift, underscoring its significance in today's media landscape.
Surge in Digital Video Viewership
Digital video consumption has experienced an extraordinary increase, with an ever-growing number of consumers turning to this medium. This surge is fueled by a preference for immersive experiences through sight, sound, and motion. Personal and relevant video content is particularly valuable, resonating strongly with viewers.
Transformative Influence of Creator Content
Creator content resonates with consumers' desires to learn and connect. The impact of this content extends beyond viewing, often leading to a positive shift in mindset and behavior. This includes entertainment and education, as well as the cultivation of community and engagement.
The Indispensable Role of Creator Content in Advertising
Creator content has firmly established itself as a fundamental element in media strategies, moving beyond being just a 'nice-to-have' feature. This evolution is driven by its ability to authentically engage and align with consumer interests. Interviews with advertisers reveal how creator content significantly influences consumer actions along the purchasing journey.
Impact on the Purchase Path
Creator content ads have a pronounced effect during the consideration and loyalty phases of the consumer journey. They are instrumental in introducing new brands, nurturing brand affinity, and encouraging repeat purchases. Aligning with creators allows brands to integrate into the consumer's daily life, fostering quicker and more confident purchase decisions.
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Collapsing the Purchase Funnel
Creator content is notably impactful in the research and consideration stages, demonstrating a 1.23 times greater effect on recent purchases compared to traditional studio content. It streamlines the purchase funnel and accelerates decision-making processes. Moreover, creator content ads are more effective at boosting brand loyalty (1.43 times greater impact) and inspiring brand advocacy (1.3 times greater than studio content).
Live Shopping 2.0: A new frontier for Brands and Creators
Live shopping sessions, hosted by creators, are revolutionizing the way consumers interact with brands. These sessions offer a unique blend of entertainment, direct interaction, and instant purchasing options, making them an effective tool for driving sales and building brand loyalty.
Beyond Just Raising Brand Awareness
Creator marketing has transcended its traditional role as a mere tool for brand awareness. It has evolved into a potent driver of action and results at every stage of the marketing funnel, from awareness and consideration to conversion and advocacy.
Conclusion
The IAB study highlights the indispensable role of creator-driven video content in the realm of marketing. As consumer behaviors and preferences continue to shift, the integration of creator content is becoming increasingly vital for brands seeking to forge strong, enduring connections with their audience. This development calls for marketers to not only adapt but also to actively leverage the unique benefits of creator video content and Live Shopping in their strategies.
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