The number of online shoppers who watch retail videos grew 40% in a year. Not suprising given trends and that obvious fact that video brings products to life in a way that static images and text can’t, often providing the final push a consumer needs to make a purchase or an enquiry.
Research and Markets’ report analyzes the power of product videos to lower the number of abandoned shopping carts, reduce return rates and generate higher sales.
A key obstacle to greater video adoption among online retailers is the high cost of in-house video production. But the data shows increased sales may outweigh increased costs.
This is more of a perception given the rise of online video specialists. At Silverlinemedia.tv we create, host and distribute online video for businesses from only NZ$250.
Filed under: research, Retail | Tagged: professional video, research and markets, retail video, video |
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