Leveraging Web video to generate sales leads requires more than glitter and technology, you need a strategy to guide your visitors through the process. First, visitors must land on your website. Once, there, you’ll need to shape their buying decisions. One of the best ways to transform your prospects into qualified leads is to use the “video-to-lead funnel.” Here’s a look at what it is and how to leverage it.
Like a traditional funnel, the video-to-lead funnel is wide at the top, tapering down to a small spout.
Prospects fall into your video-to-lead funnel at the top where you’ll have the opportunity to engage them through informative videos, promotional videos, event videos, and other videos that add value. Video content that adds value, encourages follow through on calls to action, or adds interest is ideal in this phase of the funnel.
As prospects move down the funnel, you’ll need to convert them to qualified leads with videos that educate prospects about your company, products, and services. Typical videos that aid in the conversion process include demonstrations, product overviews, and testimonials. Because prospects have experienced engaging videos earlier, they know that you offer something of interest to them. Now, they need proof of concept in order to convert. Videos such as company overviews, product or service demonstrations, and video testimonials accomplish this vital task.
After going through the engagement and conversion processes, your prospects approach the spout of the funnel where the nurture process begins. At this point in the funnel, you have the opportunity to make a connection with your prospects, send follow-ups, and present solutions. All along, your videos have been preparing your prospects to get to this point: the point where they’re no long prospects who happened by your website but qualified leads who are genuinely interested in what you have to offer. Your videos at this point can arrive after requests for information, as email follow-ups, or through deeper links within your site.
What Can the Video-to-Lead Funnel Do for You?
When successfully implemented, a video-to-lead funnel improves conversion rates and shortens the sales cycle. At the top of the funnel, engaging videos can increase conversion by 20 to 200 percent. In the middle of the funnel, conversion videos increase engagement two to four times. As these prospects progress through the bottom of the funnel, you’ll likely see an increased close rate and a shorter sales cycle.
Putting the Video-to-Lead Funnel to Work
Simply embedding a few YouTube videos on your website or blog isn’t a strategy and knowing that the video-to-lead funnel exists isn’t enough. You must actively plan, implement, and manage your funnel. This involves the production of professional, well-crafted videos and effective calls to action for each section of the funnel. Like water moving through a funnel, prospects go through the video-to-lead funnel from the top to the bottom. Plan your strategy so that each section (Engage, Convert, and Nurture) logically leads to the next and you’re sure to see improvement in conversion rates.