Crucial Video Marketing ROI Stats (Updated for 2024)

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By Tomislav

Key Takeaways

87% of marketing professionals use video as a marketing tool.
91% of video marketers consider video an important part of their marketing strategy.
90% of video marketers say they’ve gotten a good ROI from video marketing.
99% will continue to use video, with 95% saying they’ll maintain or increase spending they did in previous years.
Video marketers get 66% more qualified leads per year.

What Marketers Say About Video

87% of marketing professionals use video as a marketing tool.

91% of video marketers consider video an important part of their marketing strategy.

90% of video marketers feel the level of competition and noise has increased in the past year.

99% will continue to use video, with 95% saying they’ll maintain or increase spending they did in previous years.

90% of video marketers say they’ve gotten a good ROI from video marketing.

A significant 32% of video marketers assess their ROI based on the impact on sales at the bottom line.

40% of professionals in video marketing measure their return on investment (ROI) by tracking the number of views their videos receive.

An impressive 90% of those involved in video marketing report experiencing a positive ROI from their video marketing efforts.

Nearly 39% of video marketers focus on brand awareness and public relations as key indicators for quantifying their ROI.

60% of video marketing experts consider engagement metrics such as likes, shares, and reposts crucial for measuring their ROI.

For 28% of video marketers, the generation of leads and clicks is a vital metric for evaluating their ROI.

42% of video marketers place importance on customer engagement and retention as a measure of their ROI success.

User Engagement

94% of video marketers say video has helped increase user understanding of their product or service.

People watch an average of 16 hours of online video per week – a 52% increase in the last 2 years.

People are twice as likely to share video content with their friends than any other type of content.

86% of people would like to see more video from. Out of these, 36% say they’d most like to see more educational/explainer video style content, with 14% wanting to see more product demos.

Video Enhances SEO Efforts

80% of marketers say video has increased dwell time on their website.

81% of video marketers say video has helped increase the average time their visitors spend on page.

84% of marketers say video has helped them increase traffic to their website.

Direct Impact on Bottom Line

81% of marketers say video has helped them generate leads.

Video marketers get 66% more qualified leads per year.

80% of video marketers say video has directly helped increase sales.

Tiger Fitness says video marketing helped them achieve a 60% returning customer rate, which is three times the norm for their industry.

SAP got 9 million impressions with a video-heavy content marketing campaign.

41% of marketers say that video has helped them reduce support calls.

B2B or B2C – Video Works for Both

71% of B2B marketers use video marketing.

66% of B2C marketers use video marketing.

For 73% of B2B marketers, LinkedIn video content has been a game-changer, significantly boosting their marketing return on investment.

Sources:

WyzowlOptimonsterMarketing SherpaContent Marketing Institute