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roi on videos

How to Measure ROI on Videos

December 10, 20243 min read

Video marketing has become a cornerstone of digital strategies for businesses of all sizes, but measuring its return on investment (ROI) can often feel challenging. How do you know if your video is making the impact you want? In this blog post, we’ll walk through five essential steps to help you track and measure the effectiveness of your videos, ensuring they deliver the results you’re looking for.

1. Set Clear Objectives

Before you even hit record, it’s crucial to define the purpose of your video. Ask yourself: What do I want to achieve with this content? Are you trying to generate more leads, build trust with your audience, or save time by answering common questions? Without a clear goal, it’s like boarding a plane without a destination—you might end up somewhere you didn’t plan to go or not get off the ground at all.

Having clear objectives sets the tone for your video strategy and provides a benchmark to measure success. Whether your aim is to boost conversions, drive traffic, or increase brand awareness, knowing your destination ensures that your content stays on track.

2. Establish Baseline Metrics

Now that you have a goal, it’s time to assess where you stand before the video goes live. Take a close look at your current traffic and engagement. This might include:

• Website visitors

• Social media followers

• Video views

• Conversions or sales

Gather this data from relevant platforms like Google Analytics, your social media accounts, or your sales funnel. By establishing baseline metrics, you’ll be able to see the impact of your video content clearly once it’s published. This comparison is key to measuring the effectiveness of your efforts.

3. Use Video Hosting Platforms for Analytics

To dive deeper into your video’s performance, utilize video hosting platforms such as Vimeo, Wistia, or Vidyard. These tools offer detailed analytics beyond what YouTube can currently provide, including:

• How long viewers watch your video

• Where viewers are dropping off

• Where viewers are located

• Which devices they’re using to watch

This granular data allows you to understand how your audience engages with your content, helping you make informed decisions on what’s working and what isn’t.

4. Integrate with Your CRM and Marketing Automation

Tracking the success of your video isn’t just about views—it’s about what happens next. Integrating your video performance data with CRM systems like HubSpot, Salesforce, or GoHighLevel allows you to track how video views translate into leads, conversions, and sales.

For example, if someone watches a product video on your website, you can use your CRM to follow their journey through your sales funnel and see if they ultimately make a purchase. This helps you measure the direct impact your video content is having on your business.

5. Monitor and Adjust Regularly

Many businesses make the mistake of creating one video, not seeing immediate results, and deciding that video “doesn’t work.” The key to video success is consistency.

By consistently posting and analyzing your video content, you can see patterns and trends over time. This allows you to adjust your strategy, refine your content, and focus on the types of videos that are driving the most engagement, traffic, and sales. Monitoring and adjusting your video marketing efforts ensures that you’re continually improving and maximizing your ROI.

Ready to Take Your Video Marketing to the Next Level?

If you’re ready to start measuring the impact of your video marketing or need help creating engaging video content, we’re here to help! Contact Promote Productions today for expert guidance on video strategy, production, and how to effectively track your results.

Let’s work together to grow your business with video!

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